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India Infoline
The side-by-side comparison of India Infoline Limited and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between India Infoline (IIFL) and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among India Infoline (IIFL) and Zerodha.
| India Infoline Limited | Zerodha | |
|---|---|---|
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| 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) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... |
Type of Broker
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Full Service Broker | Discount Broker |
| Supported Exchnage
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NSE, BSE, MCX | NSE, BSE, MCX and NCDEX |
| Account Type
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Standard Account | Standard Plan |
| Broker Enquiry |
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| India Infoline Limited | Zerodha | |
|---|---|---|
| Trading Account Opening Fees
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₹750 | ₹300 |
| Trading Account AMC
|
₹0 | ₹0 (Free) |
| Demat Account Opening Fees
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₹555 | ₹100 |
| Demat Account AMC
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₹300 | ₹300 |
| Demat Account is Mandatory?
|
No | No |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Account Type | Standard Account | Standard Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% | ₹0 (Free) |
| Equity Intraday Brokerage
|
0.05% | ₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.05% | ₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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1% of Premium or ₹100 per lot whichever is high | ₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
|
0.05% | ₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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1% of Premium or ₹100 per lot whichever is high | ₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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0.05% | ₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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| Minimum Brokerage Charges
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Rs 0.05 per share | ₹0 |
| Other Brokerage Charges
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Advisory SMS - Rs 50 per month | Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
| Call & Trade Charges
|
₹20 per executed order |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Securities Transaction Tax (STT)
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| Exchange Transaction Charges
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Check table below | Check table below |
| SEBI Charges
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Rs 15 per Crore | Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. | Charged as per the state of the client's correspondence address. |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Equity Delivery
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0.00325% | NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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0.00325% | NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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0.0021% | NSE ₹210 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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0.051% on premium | NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
|
0.0021% | NSE ₹135 per crore (0.00135%) |
| Currency Options
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0.051% on premium | NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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0.0028% | Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Equity Delivery
|
1x (no margin) | |
| Equity Intraday
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Up to 20x (based on the stock) | |
| Equity Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | |
| Commodity
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| India Infoline Limited | Zerodha | |
|---|---|---|
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Trading Platform
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Trader terminal | Kite Web, Kite Android/iOS, Pi, Coin |
| Intraday Square-off Time
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3:10 PM | |
| Other Features
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Direct Mutual Funds |
| India Infoline Limited | Zerodha | |
|---|---|---|
101 Customer Reviews  |
321 Customer Reviews |
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| Fees Ratings |  |
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| Trading Brokerage Rating |  |
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| Trading Platform Usability |  |
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| Customer Service Ratings |  |
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| Overall Ratings | |
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| Broker Rating | India Infoline (IIFL) is Rated 2.8 / 5 based on 101 customer reviews | Zerodha is Rated 3.8 / 5 based on 321 customer reviews |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Contact / Request Call Back |
| India Infoline Limited | Zerodha | |
|---|---|---|
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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| India Infoline Limited | Zerodha | |
|---|---|---|
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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| India Infoline Limited | Zerodha | |
|---|---|---|
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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| India Infoline Limited | Zerodha | |
|---|---|---|
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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| India Infoline Limited | Zerodha | |
|---|---|---|
| Casual Investor
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| Active Investor
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| Trader
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Free Equity Delivery Trades
Flat ₹20 Per Trade in F&O
2nd largest stockbroker by the no. of clients.
Trading at Flat ₹10 Per Trade
Instant - Online Account Opening
GET FREE Demat Account
₹0 account opening fee +
20% off on online trading
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₹0 account opening fee on Online Trading + Demat Acct
(₹1150 waived)
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