ICICIDirect Vs India Infoline (IIFL) Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and India Infoline Limited stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and India Infoline (IIFL)'s brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and India Infoline (IIFL).
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
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| About the Broker |
ICICIdirect 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 Group...  |
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
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE |
NSE, BSE, MCX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Standard Account |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Trading Account Opening Fees
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Rs 975 |
₹750 |
| Trading Account AMC
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NIL |
₹0 |
| Demat Account Opening Fees
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NIL |
₹555 |
| Demat Account AMC
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Rs 600 |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Standard Account |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
0.50% |
| Equity Intraday Brokerage
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0.275% |
0.05% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.05% |
| Equity Options Brokerage
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Rs 95 to Rs 35 per lot |
1% of Premium or ₹100 per lot whichever is high |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
0.05% |
| Currency Options Trading Brokerage
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Rs 25 to Rs 10 per lot |
1% of Premium or ₹100 per lot whichever is high |
| Commodity Futures Trading Brokerage
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NA |
0.05% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Account Type |
I-Saver Plan |
Standard Account |
| Fixed Charges
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| Equity Delivery Brokerage
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0.75% to 0.25% |
0.50% |
| Equity Intraday Brokerage
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0.75% to 0.25% |
0.05% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.05% |
| Equity Options Brokerage
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Rs 95 to Rs 65 per lot |
1% of Premium or ₹100 per lot whichever is high |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
0.05% |
| Currency Options Trading Brokerage
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Rs 95 to Rs 65 per lot |
1% of Premium or ₹100 per lot whichever is high |
| Commodity Futures Trading Brokerage
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NA |
0.05% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Rs 35 per trade |
Rs 0.05 per share |
| Other Brokerage Charges
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Advisory SMS - Rs 50 per month |
| Call & Trade Charges
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Taxes
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
0.00325% |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
0.00325% |
| Equity Futures
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0.0018% |
0.0021% |
| Equity Options
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0.05% on Premium |
0.051% on premium |
| Currency Futures
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0.0012% |
0.0021% |
| Currency Options
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0.05% on Premium |
0.051% on premium |
| Commodity
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NA |
0.0028% |
Exposure
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Equity Delivery
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| Equity Intraday
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| Equity Futures
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| Equity Options
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| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Trading Platform
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Trade Racer |
Trader terminal |
| Intraday Square-off Time
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| Other Features
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Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
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389 Customer Reviews  |
101 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 389 customer reviews |
India Infoline (IIFL) is Rated 2.8 / 5 based on 101 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
India Infoline Limited |
| Pros
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- Offers 3-in-1 account which makes stock market investment very easy for casual investors.
- Wide range of investment options available under one portal.
- Provides a low bandwidth website which works well where internet connection is slow.
- GTC (good till cancellation) and off-market hours order placement facility is very useful.
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
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- ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
- Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
- Poor performance of website is reported in peak hours of trading.
- Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
- Demat Account is mandatory.
- Commodity trading is not available for retail investors.
- Call & trade cost extra Rs 25 per call after first 20 free calls in a month.
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
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| Promo / Offers
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Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer |
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Enquire about ICICIDirect
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Enquire about India Infoline (IIFL)
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