IIFL Securities Vs Indira Securities (Compare IIFL Securities and Indira Securities)

IIFL Securities Vs Indira Securities

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	IIFL Securities	Indira Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX	BSE, NSE, MCX and NCDEX
Account Type	Investor Plan (Online Plus)	Traditional Plan
Year of Incorporation	1996	1987
Number of Branches	900	335
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IIFL Securities Vs Indira Securities Charges & AMC

IIFL Securities trading account opening charges is ₹250 (Currently waived off) while Indira Securities account opening changes is ₹0 (Free). IIFL Securities Demat Account AMC Charges is ₹250 (Free for first year) and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

	IIFL Securities	Indira Securities
Trading Account Opening Charges	₹250 (Currently waived off)	₹0 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹250 (Free for first year)	₹450 (Free for 1st year)

IIFL Securities Vs Indira Securities Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	IIFL Securities	Indira Securities
Account Type	Investor Plan (Online Plus)	Traditional Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.25%	0.10%
Equity Intraday Brokerage	0.025%	0.01%
Equity Futures Brokerage	0.025%	0.01%
Equity Options Brokerage	₹25 per lot	₹25 per lot (both side)
Currency Futures Trading Brokerage	0.025% or ₹20 per lot	0.01%
Currency Options Trading Brokerage	₹8 per lot	₹25 per lot (both side)
Commodity Futures Trading Brokerage	0.025%	0.01%
Commodity Options Trading Brokerage	Gold ₹125 | Silver ₹80 | Crude Oil ₹80	₹25 per lot (both side)
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer	Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades.

IIFL Securities Vs Indira Securities Brokerage Plan 2

	IIFL Securities	Indira Securities
Account Type	Premium Plan (Dedicated RM)	Discount Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.50%	₹20 per executed order
Equity Intraday Brokerage	0.05%	₹20 per executed order
Equity Futures Brokerage	0.05%	₹20 per executed order
Equity Options Brokerage	₹50 per lot	₹20 per executed order
Currency Futures Trading Brokerage	0.05% or ₹20 per lot	₹20 per executed order
Currency Options Trading Brokerage	₹10 per lot	₹20 per executed order
Commodity Futures Trading Brokerage	0.05%	₹20 per executed order
Commodity Options Trading Brokerage	Gold ₹150 | Silver ₹100 | Crude Oil ₹100	₹20 per executed order
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IIFL Securities Vs Indira Securities Brokerage Plan 3

	IIFL Securities	Indira Securities
Account Type	Super Trader Plan (Pro Traders)	Traditional Plan
Fixed Charges	₹999	NA
Equity Delivery Brokerage	0.10%	0.10%
Equity Intraday Brokerage	0.01%	0.01%
Equity Futures Brokerage	0.01%	0.01%
Equity Options Brokerage	flat ₹10 per lot	₹25 per lot (both side)
Currency Futures Trading Brokerage	0.015% or ₹15 per lot	0.01%
Currency Options Trading Brokerage	flat ₹5 per lot	₹25 per lot (both side)
Commodity Futures Trading Brokerage	0.015%	0.01%
Commodity Options Trading Brokerage	Gold ₹80 | Silver ₹50 | Crude Oil ₹50	₹25 per lot (both side)
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IIFL Securities Charges Vs Indira Securities

Minimum Brokerage Charges	₹0.05 per share (₹25 Min)	₹20 per executed order
Other Brokerage Charges	Advisory SMS - ₹50 per month
Call & Trade Charges	₹50 per call	₹0 (Free)

IIFL Securities Vs Indira Securities Transaction Charges

IIFL Securities transaction charges for options is ₹5100 per Cr (0.051%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	IIFL Securities	Indira Securities
Equity Delivery	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%)
Equity Intraday	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%)
Equity Futures	₹210 per Cr (0.0021%)	NSE ₹190 per Cr (0.0019%)
Equity Options	₹5100 per Cr (0.051%) (on premium)	NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	₹210 per Cr (0.0021%)	NSE ₹120 per Cr (0.0012%)
Currency Options	₹5100 per Cr (0.051%) (on premium)	NSE ₹500 per Cr (0.005%) (on premium)
Commodity	Group A - ₹280 per Cr (0.0028%)	Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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IIFL Securities Vs Indira Securities Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

	IIFL Securities	Indira Securities
Equity Delivery	Upto 3x (18% Annual Interest)	1x (no margin)
Equity Intraday	Upto 20x	Up to 10x (based on the stock)
Equity Futures	Upto 3x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options	3x for shorting	1x (no margin)
Currency Futures	Upto 2x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options	2x for shorting	1x (no margin)
Commodity Futures	Upto 3x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options	Upto 3x	1x (no margin)
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Compare IIFL Securities and Indira Securities Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Indira Securities offers ODIN trading software.

	IIFL Securities	Indira Securities
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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	ODIN
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
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IIFL Securities Vs Indira Securities Review

IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

	IIFL Securities	Indira Securities
	112 Customer Reviews	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 112 customer reviews	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

IIFL Securities Vs Indira Securities Investment Options

	IIFL Securities	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Indira Securities Order Type Offered

	IIFL Securities	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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IIFL Securities Vs Indira Securities Research Report

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

IIFL Securities Vs Indira Securities Suitable For Investor Type

	IIFL Securities	Indira Securities
Casual Investor
Active Investor
Trader

IIFL Securities Vs Indira Securities - Pros and Cons

	IIFL Securities	Indira Securities
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.	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
Cons	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.	Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews
Promo / Offers	Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.
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