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IIFL Vs Zerodha (Compare IIFL and Zerodha)

The side-by-side comparison of IIFL and Zerodha. Compare IIFL Vs Zerodha brokerage, charges, exposure margin, demat account. Read Zerodha and IIFL review.

Find out IIFL Vs Zerodha which is better and IIFL Vs Zerodha which is best.

Our IIFL Securities Limited comparison with Zerodha highlights the major differences between two brokers. Find the best between IIFL and Zerodha.

IIFL Vs Zerodha

	IIFL	Zerodha
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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...	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnage	NSE, BSE, MCX	NSE, BSE, MCX and NCDEX
Account Type	Standard Account	Flat Brokerage Plan
Broker Enquiry
Year of Incorporation	1996	2010
Number of Branches	900	22
	Enquire IIFL	Enquire Zerodha

IIFL Vs Zerodha Charges

	IIFL	Zerodha
Trading Account Opening Fees	₹750	₹200
Trading Account AMC	₹0	₹0 (Free)
Demat Account Opening Fees	₹555	₹0
Demat Account AMC	₹ 400 (One time)	₹300
Demat Account is Mandatory?	No	No

IIFL Vs Zerodha Brokerage

Brokerage Plan 1

	IIFL	Zerodha
Account Type	Standard Account	Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	1% of Premium or ₹100 per lot whichever is high	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹25 per lot	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	1% of Premium or ₹100 per lot whichever is high	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.05%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .01% whichever is lower
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Other Charges

Minimum Brokerage Charges	₹0.05 per share	₹0
Other Brokerage Charges	Advisory SMS - ₹50 per month	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹50 per call	₹20 per executed order

IIFL Vs Zerodha Taxes

IIFL

Zerodha

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 Zerodha Transaction Charges

	IIFL	Zerodha
Equity Delivery	0.00325%	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	0.00325%	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Futures	0.0021%	NSE ₹190 per Cr (0.0019%)
Equity Options	0.051% on premium	NSE ₹5000 per Cr (0.05%)
Currency Futures	0.0021%	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	0.051% on premium	NSE ₹70 per Cr (0.0007%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	0.0028%	Group A - ₹260 per Cr (0.0026%)

IIFL Vs Zerodha Exposure Margin

	IIFL	Zerodha
Equity Delivery	Upto 3x with 18% interest per year	1x (no margin)
Equity Intraday	Upto 20x	Up to 20x (based on the stock)
Equity Futures	Upto 3x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	3x for shorting	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Upto 2x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	2x for shorting	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Upto 3x	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options

IIFL and Zerodha Feature Comparison

	IIFL	Zerodha
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	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time		3:10 PM
Other Features	Market Mantra, Loyalty Points	Direct Mutual Funds, APIs
Referral Program

IIFL Vs Zerodha Review

	IIFL	Zerodha
	108 Customer Reviews	365 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL is Rated 2.7 / 5 based on 108 customer reviews	Zerodha is Rated 3.7 / 5 based on 365 customer reviews

Contact Broker / Request A Call Back

	IIFL Enquire	Zerodha Enquire
Contact Broker	Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer Name Phone # Email City Name State Are you a day trader?	Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

IIFL Vs Zerodha Investment Options

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

IIFL Vs Zerodha Customer Service

	IIFL	Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches

IIFL Vs Zerodha Order Type Offered

	IIFL	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

IIFL Vs Zerodha Research Report

	IIFL	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Vs Zerodha Suitable For Investor Type

	IIFL	Zerodha
Casual Investor
Active Investor
Trader

IIFL Vs Zerodha - Advantages and Disadvantages

	IIFL	Zerodha
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. More Advantages...	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders. More Advantages...
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. More Disadvantages...	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹20 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account. 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	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Compare More Brokers:

IIFL Vs Zerodha (Compare IIFL and Zerodha)

IIFL Vs Zerodha

IIFL Vs Zerodha Charges

IIFL Vs Zerodha Brokerage

Brokerage Plan 1

Other Charges

IIFL Vs Zerodha Taxes

IIFL Vs Zerodha Transaction Charges

IIFL Vs Zerodha Exposure Margin

IIFL and Zerodha Feature Comparison

IIFL Vs Zerodha Review

Contact Broker / Request A Call Back

IIFL Vs Zerodha Investment Options

IIFL Vs Zerodha Customer Service

IIFL Vs Zerodha Order Type Offered

IIFL Vs Zerodha Research Report

IIFL Vs Zerodha Suitable For Investor Type

IIFL Vs Zerodha - Advantages and Disadvantages

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