The side-by-side comparison of IIFL and Trustline. Compare IIFL Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and IIFL review.
Find out IIFL Vs Trustline which is better and IIFL Vs Trustline which is best.
Our IIFL Securities Limited comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between IIFL and Trustline.
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...
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX
BSE, NSE, MCX
Account Type
Standard Account
Full-service Brokerage Plan
Broker Enquiry
Year of Incorporation
1996
Number of Branches
900
IIFL Vs Trustline Charges
IIFL
Trustline
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹555
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
₹ 400 (One time)
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
IIFL Vs Trustline Brokerage
Brokerage Plan 1
IIFL
Trustline
Account Type
Standard Account
Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.20% (20 paisa)
Equity Intraday Brokerage
0.05%
0.02% (2 paisa)
Equity Futures Brokerage
0.05%
0.02% (2 paisa)
Equity Options Brokerage
1% of Premium or ₹100 per lot whichever is high
₹75 per lot
Currency Futures Trading Brokerage
Rs 25 per lot
0.02% (2 paisa)
Currency Options Trading Brokerage
1% of Premium or ₹100 per lot whichever is high
₹7.5 per lot
Commodity Futures Trading Brokerage
0.05%
Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Rs 0.05 per share
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Advisory SMS - Rs 50 per month
Physical contact notes: ₹20
Call & Trade Charges
Rs 50 per call
₹0 (Free)
IIFL Vs Trustline Taxes
IIFL
Trustline
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.
IIFL Vs Trustline Transaction Charges
IIFL
Trustline
Equity Delivery
0.00325%
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
0.00325%
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
0.0021%
NSE ₹190 per crore (0.0019%)
Equity Options
0.051% on premium
NSE ₹5000 per crore (0.05%)
Currency Futures
0.0021%
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
0.051% on premium
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
0.0028%
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
IIFL Vs Trustline Exposure Margin
IIFL
Trustline
Equity Delivery
Upto 3x with 18% interest per year
1x (100% Margin Required)
Equity Intraday
Upto 20x
Up to 20x
Equity Futures
Upto 3x
NSE: 2x
Equity Options
3x for shorting
NSE: 2x
Currency Futures
Upto 2x
NSE: 2x
Currency Options
2x for shorting
NSE: 2x
Commodity Futures
Upto 3x
MCX Futures: 8x
Commodity Options
IIFL and Trustline Feature Comparison
IIFL
Trustline
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
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time
Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Market Mantra, Loyalty Points
Referral Program
IIFL Vs Trustline Review
IIFL
Trustline
105 Customer Reviews
1 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
IIFL is Rated 2.7 / 5 based on 105 customer reviews
Trustline is Rated 4.0 / 5 based on 1 customer reviews
Contact Broker / Request A Call Back
IIFL Enquire
Trustline Enquire
Contact Broker
IIFL Vs Trustline Investment Options
IIFL
Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, Wealth Management
IIFL Vs Trustline Customer Service
IIFL
Trustline
24/7 Customer Service
Onine Live Chat
Through Branches
IIFL Vs Trustline Order Type Offered
IIFL
Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
IIFL Vs Trustline Research Report
IIFL
Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
IIFL Vs Trustline Suitable For Investor Type
IIFL
Trustline
Casual Investor
Active Investor
Trader
IIFL Vs Trustline - Advantages and Disadvantages
IIFL
Trustline
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.
Zerodha
Zero Account Opening Fee