5paisa Vs IIFL Securities (Compare 5paisa and IIFL Securities)

5paisa Vs IIFL Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

	5paisa	IIFL Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE	NSE, BSE, MCX
Year of Incorporation	1996	1996
Number of Branches	900	900
	Open 5paisa Account	Open IIFL Securities Account

5paisa Vs IIFL Securities Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while IIFL Securities account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 540 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

	5paisa	IIFL Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 540	Rs 250 (Free for 1st year)

5paisa Vs IIFL Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.

	5paisa	IIFL Securities
Account Type	Standard Plan	iServe
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order	Rs 20 per order
Equity Futures	Rs 20 per executed order	Rs 20 per order
Equity Options	Rs 20 per executed order	Rs 20 per order
Currency Futures	Rs 20 per executed order	Rs 20 per order
Currency Options	Rs 20 per executed order	Rs 20 per order
Commodity Futures	Rs 20 per executed order	Rs 20 per order
Commodity Options	Rs 20 per executed order	Rs 20 per order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

5paisa Vs IIFL Securities Brokerage Plan 2

	5paisa	IIFL Securities
Account Type	Power Investor Pack	iServe
Fixed Charges	Rs 499 per month	NA
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per order
Equity Futures	Rs 10 per executed order	Rs 20 per order
Equity Options	Rs 2 per lot	Rs 20 per order
Currency Futures	Rs 10 per executed order	Rs 20 per order
Currency Options	Rs 10 per executed order	Rs 20 per order
Commodity Futures	Rs 10 per executed order	Rs 20 per order
Commodity Options	Rs 10 per executed order	Rs 20 per order
	Open 5paisa Account	Open IIFL Securities Account

5paisa Vs IIFL Securities Brokerage Plan 3

	5paisa	IIFL Securities
Account Type	Ultra Trader Pack	iServe
Fixed Charges	Rs 999 per month	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per order
Equity Futures	Rs 10 per executed order	Rs 20 per order
Equity Options	Rs 2 per executed lot	Rs 20 per order
Currency Futures	Rs 10 per executed order	Rs 20 per order
Currency Options	Rs 10 per executed order	Rs 20 per order
Commodity Futures	Rs 10 per executed order	Rs 20 per order
Commodity Options	Rs 10 per executed order	Rs 20 per order
	Open 5paisa Account	Open IIFL Securities Account

5paisa Charges Vs IIFL Securities

Minimum Brokerage	Rs 20 per trade
Other Charges		Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 100 per call (any number of trades in a call)	Rs 50 per call

5paisa Vs IIFL Securities Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).

	5paisa	IIFL Securities
Equity Delivery	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 190 per crore (0.0019%)	Rs 210 per Cr (0.0021%)
Equity Options	Rs 5000 per crore (0.05%) (on premium)	Rs 5100 per Cr (0.051%) (on premium)
Currency Futures	Rs 190 per crore (0.0019%)	Rs 210 per Cr (0.0021%)
Currency Options	Rs 5000 per crore (0.05%) (on premium)	Rs 5100 per Cr (0.051%) (on premium)
Commodity	Grp A: 0.0026%	Group A - Rs 280 per Cr (0.0028%)
	Open 5paisa Account	Open IIFL Securities Account

5paisa Vs IIFL Securities Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the IIFL Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	5paisa	IIFL Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open 5paisa Account	Open IIFL Securities Account

Compare 5paisa and IIFL Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

	5paisa	IIFL Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Other Features
Referral Program
	Open 5paisa Account	Open IIFL Securities Account

5paisa Vs IIFL Securities Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 118 customer reviews.

	5paisa	IIFL Securities
	83 Customer Reviews	118 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 83 customer reviews	IIFL Securities is rated 2.7 of 5 based on 118 customer reviews

5paisa Vs IIFL Securities Investment Options

	5paisa	IIFL Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance	Insurance

5paisa Vs IIFL Securities Order Type Offered

	5paisa	IIFL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Open IIFL Securities Account

5paisa Vs IIFL Securities Research Report

	5paisa	IIFL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs IIFL Securities Suitable For Investor Type

	5paisa	IIFL Securities
Casual Investor
Active Investor
Trader

5paisa Vs IIFL Securities - Pros and Cons

	5paisa	IIFL Securities
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Full-service broker offering quality research and recommendations. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat). Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.
Cons	Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.
Reviews
Promo / Offers	5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Free Equity Delivery Trading + Free Account Opening Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.
	Open 5paisa Account	Open IIFL Securities Account