India Infoline (IIFL) Vs Finvasia (Compare India Infoline (IIFL) and Finvasia)
The side-by-side comparison of India Infoline (IIFL) and Finvasia. Compare India Infoline (IIFL) Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and India Infoline (IIFL) review.
Find out India Infoline (IIFL) Vs Finvasia which is better and India Infoline (IIFL) Vs Finvasia which is best.
Our India Infoline Limited comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and Finvasia.
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...
Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX
BSE, NSE, MCX
Account Type
Standard Account
Standard
Broker Enquiry
Year of Incorporation
1996
2013
Number of Branches
900
1
India Infoline (IIFL) Vs Finvasia Charges
India Infoline (IIFL)
Finvasia
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹555
₹0 (Free)
Demat Account AMC
₹ 400 (One time)
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
India Infoline (IIFL) Vs Finvasia Brokerage
Brokerage Plan 1
India Infoline (IIFL)
Finvasia
Account Type
Standard Account
Standard
Fixed Charges
Equity Delivery Brokerage
0.50%
₹0
Equity Intraday Brokerage
0.05%
₹0
Equity Futures Brokerage
0.05%
₹0
Equity Options Brokerage
1% of Premium or ₹100 per lot whichever is high
₹0
Currency Futures Trading Brokerage
Rs 25 per lot
₹0
Currency Options Trading Brokerage
1% of Premium or ₹100 per lot whichever is high
₹0
Commodity Futures Trading Brokerage
0.05%
₹0
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Rs 0.05 per share
₹0
Other Brokerage Charges
Advisory SMS - Rs 50 per month
None
Call & Trade Charges
Rs 50 per call
₹0
India Infoline (IIFL) Vs Finvasia Taxes
India Infoline (IIFL)
Finvasia
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.
India Infoline (IIFL) Vs Finvasia Transaction Charges
India Infoline (IIFL)
Finvasia
Equity Delivery
0.00325%
₹325/crore
Equity Intraday
0.00325%
₹325/crore
Equity Futures
0.0021%
₹190/crore
Equity Options
0.051% on premium
₹5000/crore of premium
Currency Futures
0.0021%
₹115/crore
Currency Options
0.051% on premium
₹4000/crore of premium
Commodity
0.0028%
₹260/crore
India Infoline (IIFL) Vs Finvasia Exposure Margin
India Infoline (IIFL)
Finvasia
Equity Delivery
Upto 3x with 18% interest per year
1x
Equity Intraday
Upto 20x
up to 10x
Equity Futures
Upto 3x
2x
Equity Options
3x for shorting
1x
Currency Futures
Upto 2x
1x
Currency Options
2x for shorting
1x
Commodity Futures
Upto 3x
2x
Commodity Options
India Infoline (IIFL) and Finvasia Feature Comparison
India Infoline (IIFL)
Finvasia
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
TT Exe, TT Web, IIFL Markets
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:15 PM
Other Features
Market Mantra, Loyalty Points
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
India Infoline (IIFL) Vs Finvasia Review
India Infoline (IIFL)
Finvasia
105 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
India Infoline (IIFL) is Rated 2.7 / 5 based on 105 customer reviews
Finvasia is Rated 4.7 / 5 based on 10 customer reviews
Contact Broker / Request A Call Back
India Infoline (IIFL) Enquire
Finvasia Enquire
Contact Broker
India Infoline (IIFL) Vs Finvasia Investment Options
India Infoline (IIFL)
Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
India Infoline (IIFL) Vs Finvasia Customer Service
India Infoline (IIFL)
Finvasia
24/7 Customer Service
Onine Live Chat
Through Branches
India Infoline (IIFL) Vs Finvasia Order Type Offered
India Infoline (IIFL)
Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
India Infoline (IIFL) Vs Finvasia Research Report
India Infoline (IIFL)
Finvasia
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
India Infoline (IIFL) Vs Finvasia Suitable For Investor Type
India Infoline (IIFL)
Finvasia
Casual Investor
Active Investor
Trader
India Infoline (IIFL) Vs Finvasia - Advantages and Disadvantages
India Infoline (IIFL)
Finvasia
Pros
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.
Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
Doesn't charge any trade clearing charges.
A variety of trading platforms are available for the trader to choose from.
Provides trading API and support Algo trading tools.
Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
Call & trade is available for free to all the customers.
Zerodha
Zero Account Opening Fee