5paisa Vs IIFL (Compare 5paisa and IIFL)
The side-by-side comparison of 5paisa and IIFL. Compare 5paisa Vs IIFL brokerage, charges, exposure margin, demat account. Read IIFL and 5paisa review.
Find out 5paisa Vs IIFL which is better and 5paisa Vs IIFL which is best.
Our 5paisa Capital Ltd comparison with IIFL Securities Limited highlights the major differences between two brokers. Find the best between 5paisa and IIFL.
5paisa Vs IIFL
5paisa
IIFL
Find more info about broker
About the Broker
5paisa.com is a Mumbai based discount stock broker. 5paisa is part of IIFL group (India Infoline), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Inf...
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE
NSE, BSE, MCX
Account Type
Optimum
Standard Account
Broker Enquiry
Year of Incorporation
1996
1996
Number of Branches
900
900
Enquire 5paisa
Enquire IIFL
5paisa Vs IIFL Charges
5paisa
IIFL
Trading Account Opening Fees
₹650
₹750
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0 (Free)
₹555
Demat Account AMC
₹540 (Free with Subscription Plan)
₹ 400 (One time)
Demat Account is Mandatory?
No
No
5paisa Vs IIFL Brokerage
Brokerage Plan 2
5paisa
IIFL
Account Type
Platinum
Standard Account
Fixed Charges
₹499 per month
Equity Delivery Brokerage
₹10 per executed order
0.50%
Equity Intraday Brokerage
₹10 per executed order
0.05%
Equity Futures Brokerage
₹10 per executed order
0.05%
Equity Options Brokerage
₹2 per lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹10 per executed order
₹25 per lot
Currency Options Trading Brokerage
₹10 per executed order
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.05%
Commodity Options Trading Brokerage
Brokerage Plan 3
5paisa
IIFL
Account Type
Titanium
Standard Account
Fixed Charges
₹1000 per month
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹10 per executed order
0.05%
Equity Futures Brokerage
₹10 per executed order
0.05%
Equity Options Brokerage
₹2 per executed lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹10 per executed order
₹25 per lot
Currency Options Trading Brokerage
₹10 per executed order
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
₹10 per executed order
0.05%
Commodity Options Trading Brokerage
₹10 per executed order
Other Charges
Minimum Brokerage Charges
₹20 per trade
₹0.05 per share
Other Brokerage Charges
Direct MF Investment: ₹20 per order
Advisory SMS - ₹50 per month
Call & Trade Charges
₹100 per call (any number of trades in a call)
₹50 per call
5paisa Vs IIFL Taxes
5paisa
IIFL
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
5paisa Vs IIFL Transaction Charges
5paisa
IIFL
Equity Delivery
₹325 per crore (0.00325%)
0.00325%
Equity Intraday
₹325 per crore (0.00325%)
0.00325%
Equity Futures
₹210 per crore (0.0021%)
0.0021%
Equity Options
₹5100 per crore (0.051%) (on premium)
0.051% on premium
Currency Futures
₹210 per crore (0.0021%)
0.0021%
Currency Options
₹5100 per crore (0.051%) (on premium)
0.051% on premium
Commodity
0.0028%
5paisa Vs IIFL Exposure Margin
5paisa
IIFL
Equity Delivery
Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
Upto 3x with 18% interest per year
Equity Intraday
Up to 20x
Upto 20x
Equity Futures
Intra-day: 3.5x | Carry forward: 1x (no margin)
Upto 3x
Equity Options
Intra-day: 1x | Carry forward: 1x
3x for shorting
Currency Futures
Intra-day: 1 time | Carry forward: 1x
Upto 2x
Currency Options
Intra-day: 1x | Carry forward: 1x
2x for shorting
Commodity Futures
Upto 3x
Commodity Options
5paisa and IIFL Feature Comparison
5paisa
IIFL
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
5paisa Trade Station (Web, Mobile App and EXE)
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Other Features
Market Mantra, Loyalty Points
Referral Program
5paisa Vs IIFL Review
5paisa
IIFL
57 Customer Reviews
108 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
5paisa is Rated 2.8 / 5 based on 57 customer reviews IIFL is Rated 2.7 / 5 based on 108 customer reviews
5paisa Vs IIFL Investment Options
5paisa
IIFL
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds, Insurance
5paisa Vs IIFL Customer Service
5paisa
IIFL
24/7 Customer Service
Onine Live Chat
Through Branches
5paisa Vs IIFL Order Type Offered
5paisa
IIFL
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
5paisa Vs IIFL Research Report
5paisa
IIFL
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
5paisa Vs IIFL Suitable For Investor Type
5paisa
IIFL
Casual Investor
Active Investor
Trader
5paisa Vs IIFL - Advantages and Disadvantages
5paisa
IIFL
Pros
Flat fee brokerage. Pay just ₹20 per executed order. No more worries about size of the trade.
Free trading software's including 5paisa mobile app and trading terminal.
Up to 4 times exposure in Equity Delivery Trading.
Up to 20 times exposure in Equity Intraday Trading.
3.5 times exposure in Derivatives Intraday Trading.
More Advantages...
4000+ branches in 900+ cities make them your neighborhood broker.
Being a full service broker, they offer wide range of financial products and services.
IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
India Infoline Ltd is a publicly traded company listed at BSE and NSE.
More Advantages...
Cons
Call & Trade is charged at ₹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.
Higher demat debit charges (₹25 per transaction)
NRI Trading and Demat Account is not available.
Doesn't offer commodity trading.
More Disadvantages...
SMS alerts at additional ₹249 per month
Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
India Infoline doesn't provide 3-in-1 account.
More Disadvantages...
Reviews
Promo / Offers
5paisa.com Limited Time Offer - Free Account Opening (₹650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹20 per order.
Get this limited time offer Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Zerodha
Zero Account Opening Fee