IIFL Securities Vs Trustline (Compare IIFL Securities and Trustline)

IIFL Securities Vs Trustline

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 , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	IIFL Securities	Trustline
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX
Year of Incorporation	1996
Number of Branches	900
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IIFL Securities Vs Trustline Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Trustline account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

	IIFL Securities	Trustline
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

IIFL Securities Vs Trustline Brokerage

IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

	IIFL Securities	Trustline
Account Type	iServe	Full-service Brokerage Plan
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.20% (20 paisa)
Equity Intraday	Rs 20 per order	0.02% (2 paisa)
Equity Futures	Rs 20 per order	0.02% (2 paisa)
Equity Options	Rs 20 per order	Rs 75 per lot
Currency Futures	Rs 20 per order	0.02% (2 paisa)
Currency Options	Rs 20 per order	Rs 7.5 per lot
Commodity Futures	Rs 20 per order	Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options	Rs 20 per order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

IIFL Securities Charges Vs Trustline

Minimum Brokerage		Rs 0 (No Minimum Brokerage)
Other Charges	Advisory SMS - Rs 50 per month	Physical contact notes: Rs 20
Call & Trade Charges	Rs 50 per call	Rs 0 (Free)

IIFL Securities Vs Trustline Transaction Charges

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

	IIFL Securities	Trustline
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 190 per crore (0.0019%)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	Rs 210 per Cr (0.0021%)	NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity	Group A - Rs 280 per Cr (0.0028%)	MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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IIFL Securities Vs Trustline Leverage (Margin)

IIFL Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Trustline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	IIFL Securities	Trustline
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare IIFL Securities and Trustline Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

	IIFL Securities	Trustline
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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	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
Referral Program
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IIFL Securities Vs Trustline Review

IIFL Securities is rated 2.7 of 5 based on 118 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

	IIFL Securities	Trustline
	118 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 118 customer reviews	Trustline is rated 4.0 of 5 based on 1 customer reviews

IIFL Securities Vs Trustline Investment Options

	IIFL Securities	Trustline
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Insurance, Wealth Management

IIFL Securities Vs Trustline Order Type Offered

	IIFL Securities	Trustline
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 Trustline Research Report

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

IIFL Securities Vs Trustline Suitable For Investor Type

	IIFL Securities	Trustline
Casual Investor
Active Investor
Trader

IIFL Securities Vs Trustline - Pros and Cons

	IIFL Securities	Trustline
Pros	Full-service broker offering quality research and recommendations. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat). Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	Research based fundamental and technical analysis available to all the customers. Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers.
Cons		Separate account needed for Mutual Funds investment. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API is now available. No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers	Free Equity Delivery Trading + Free Account Opening Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.
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