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India Infoline (IIFL) Vs SBI Securities (Compare India Infoline (IIFL) and SBI Securities)

The side-by-side comparison of India Infoline (IIFL) and SBI Securities. Compare India Infoline (IIFL) Vs SBI Securities brokerage, charges, exposure margin, demat account. Read SBI Securities and India Infoline (IIFL) review.

Find out India Infoline (IIFL) Vs SBI Securities which is better and India Infoline (IIFL) Vs SBI Securities which is best.

Our India Infoline Limited comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and SBI Securities.

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India Infoline (IIFL) Vs SBI Securities

  India Infoline Limited SBICAP Securities Ltd
 
India Infoline Limited Logo SBICAP Securities Ltd Logo
About the Broker 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... Know more about India Infoline Limited SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... Know more about SBICAP Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage NSE, BSE, MCX BSE, NSE
Account Type Standard Account eZ-trade
Broker Enquiry Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you. Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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India Infoline (IIFL) Vs SBI Securities Charges

  India Infoline Limited SBICAP Securities Ltd
Trading Account Opening Fees ₹750 ₹850
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹555 ₹0
Demat Account AMC ₹ 555 (One time) ₹350
Demat Account is Mandatory? No No
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India Infoline (IIFL) Vs SBI Securities Brokerage

Brokerage Plan 1

  India Infoline Limited SBICAP Securities Ltd
Account Type Standard Account eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.50% 0.50%
Equity Intraday Brokerage 0.05% 0.05%
Equity Futures Brokerage 0.05% 0.05%
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹100 per lot
Currency Futures Trading Brokerage Rs 25 per lot 0.03%
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high Rs 30 per lot
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges Rs 0.05 per share ₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call ₹10 per call (after 30 free calls a month)
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India Infoline (IIFL) Vs SBI Securities Taxes

  India Infoline Limited SBICAP Securities Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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India Infoline (IIFL) Vs SBI Securities Transaction Charges

  India Infoline Limited SBICAP Securities Ltd
Equity Delivery 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Intraday 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Futures 0.0021% NSE: 0.002206% (₹221/Crore)
Equity Options 0.051% on premium NSE: 0.05515% (₹5515/Crore)
Currency Futures 0.0021% 0.002206%
Currency Options 0.051% on premium NSE: 0.05515% (₹5515/Crore)
Commodity 0.0028%
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India Infoline (IIFL) Vs SBI Securities Exposure Margin

  India Infoline Limited SBICAP Securities Ltd
Equity Delivery Upto 3x with 18% interest per year 2x with Intrest
Equity Intraday Upto 20x Upto 5x
Equity Futures Upto 3x Nil
Equity Options 3x for shorting Nil
Currency Futures Upto 2x Nil
Currency Options 2x for shorting Nil
Commodity Futures Upto 3x NA
Commodity Options
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India Infoline (IIFL) and SBI Securities Feature Comparison

  India Infoline Limited SBICAP Securities Ltd
3 in 1 Account No Yes
Charting Yes No
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TT Exe, TT Web, IIFL Markets SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 2:45 PM
Other Features Market Mantra, Loyalty Points
Referral Program
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India Infoline (IIFL) Vs SBI Securities Review

  India Infoline Limited SBICAP Securities Ltd
  103 Customer Reviews    Rate India Infoline (IIFL) 126 Customer Reviews    Rate SBI Securities
Fees Ratings 2.9 3.2
Trading Brokerage Rating 2.7 2.8
Trading Platform Usability 3.3 2.7
Customer Service Ratings 2.7 2.8
Overall Ratings Rated 2.7 stars Rated 2.6 stars
Broker Rating India Infoline (IIFL) is Rated 2.7 / 5 based on 103 customer reviews SBI Securities is Rated 2.6 / 5 based on 126 customer reviews
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Contact Broker / Request A Call Back

  India Infoline Limited SBICAP Securities Ltd
Contact / Request Call Back
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India Infoline (IIFL) Vs SBI Securities Investment Options

  India Infoline Limited SBICAP Securities Ltd
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes Yes
Other Investment Options
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India Infoline (IIFL) Vs SBI Securities Customer Service

  India Infoline Limited SBICAP Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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India Infoline (IIFL) Vs SBI Securities Order Type Offered

  India Infoline Limited SBICAP Securities Ltd
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No
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India Infoline (IIFL) Vs SBI Securities Research Report

  India Infoline Limited SBICAP Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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India Infoline (IIFL) Vs SBI Securities Suitable For Investor Type

  India Infoline Limited SBICAP Securities Ltd
Casual Investor Yes Yes
Active Investor
Trader
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India Infoline (IIFL) Vs SBI Securities - Advantages and Disadvantages

  India Infoline Limited SBICAP Securities Ltd
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.

More Advantages...

Cons
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.

More Disadvantages...

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
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