ICICI Direct Vs IIFL (Compare ICICI Direct and IIFL)
The side-by-side comparison of ICICI Direct and IIFL. Compare ICICI Direct Vs IIFL brokerage, charges, exposure margin, demat account. Read IIFL and ICICI Direct review.
Find out ICICI Direct Vs IIFL which is better and ICICI Direct Vs IIFL which is best.
Our ICICI Securities Pvt Ltd. comparison with IIFL Securities Limited highlights the major differences between two brokers. Find the best between ICICI Direct and IIFL.
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Grou...
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...
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
Brokerage Plan 2
ICICI Direct
IIFL
Account Type
I-Saver Plan
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
0.50%
Equity Intraday Brokerage
0.75% to 0.25%
0.05%
Equity Futures Brokerage
0.05% to 0.03%
0.05%
Equity Options Brokerage
₹95 to ₹65 per lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
0.05% to 0.03%
₹25 per lot
Currency Options Trading Brokerage
0.25 to ₹65 per lot
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
NA
0.05%
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
ICICI Direct
IIFL
Account Type
ICICIdirect Prime Plan
Standard Account
Fixed Charges
₹900
Equity Delivery Brokerage
0.25%
0.50%
Equity Intraday Brokerage
0.25%
0.05%
Equity Futures Brokerage
0.025%
0.05%
Equity Options Brokerage
₹35
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹0
₹25 per lot
Currency Options Trading Brokerage
₹0
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
NA
0.05%
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹0.05 per share
Other Brokerage Charges
Advisory SMS - ₹50 per month
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹50 per call
ICICI Direct Vs IIFL Taxes
ICICI Direct
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.
ICICI Direct Vs IIFL Transaction Charges
ICICI Direct
IIFL
Equity Delivery
NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)
0.00325%
Equity Intraday
NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)
0.00325%
Equity Futures
₹180 per Cr (0.0018%)
0.0021%
Equity Options
₹5000 per Cr (0.05%) (on premium)
0.051% on premium
Currency Futures
₹120 per Cr (0.0012%)
0.0021%
Currency Options
₹5000 per Cr (0.05%) (on premium)
0.051% on premium
Commodity
NA
0.0028%
ICICI Direct Vs IIFL Exposure Margin
ICICI Direct
IIFL
Equity Delivery
5x with Interest
Upto 3x with 18% interest per year
Equity Intraday
Upto 25x
Upto 20x
Equity Futures
4x
Upto 3x
Equity Options
2x for shorting
3x for shorting
Currency Futures
NA
Upto 2x
Currency Options
NA
2x for shorting
Commodity Futures
NA
Upto 3x
Commodity Options
ICICI Direct and IIFL Feature Comparison
ICICI Direct
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
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
3:30 PM
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Market Mantra, Loyalty Points
Referral Program
ICICI Direct Vs IIFL Review
ICICI Direct
IIFL
411 Customer Reviews
108 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
ICICI Direct is Rated 2.4 / 5 based on 411 customer reviews
IIFL is Rated 2.7 / 5 based on 108 customer reviews
ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.
Interested in opening a trading account? Request Callback from a stock broker.
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