Indiabulls Vs IIFL (Compare Indiabulls and IIFL)
The side-by-side comparison of Indiabulls and IIFL. Compare Indiabulls Vs IIFL brokerage, charges, exposure margin, demat account. Read IIFL and Indiabulls review.
Find out Indiabulls Vs IIFL which is better and Indiabulls Vs IIFL which is best.
Our Indiabulls Ventures Limited comparison with IIFL Securities Limited highlights the major differences between two brokers. Find the best between Indiabulls and IIFL.
Indiabulls Vs IIFL
Indiabulls
IIFL
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
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...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE and MCX
NSE, BSE, MCX
Account Type
Equity Unlimited Trade
Standard Account
Broker Enquiry
Year of Incorporation
2000
1996
Number of Branches
18
900
Enquire Indiabulls
Enquire IIFL
Indiabulls Vs IIFL Charges
Indiabulls
IIFL
Trading Account Opening Fees
₹500
₹750
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹555
Demat Account AMC
₹450
₹ 400 (One time)
Demat Account is Mandatory?
No
No
Indiabulls Vs IIFL Brokerage
Brokerage Plan 1
Indiabulls
IIFL
Account Type
Equity Unlimited Trade
Standard Account
Fixed Charges
₹1000
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹0 (Free)
0.05%
Equity Futures Brokerage
₹15 per trade
0.05%
Equity Options Brokerage
₹15 per trade
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹15 per trade
₹25 per lot
Currency Options Trading Brokerage
₹15 per trade
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.03%
0.05%
Commodity Options Trading Brokerage
0.03%
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Brokerage Plan 2
Indiabulls
IIFL
Account Type
F&O Unlimited Trade
Standard Account
Fixed Charges
₹1000
Equity Delivery Brokerage
₹15 per trade
0.50%
Equity Intraday Brokerage
₹15 per trade
0.05%
Equity Futures Brokerage
₹0 (Free)
0.05%
Equity Options Brokerage
₹0 (Free)
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹0 (Free)
₹25 per lot
Currency Options Trading Brokerage
₹0 (Free)
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.03%
0.05%
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 3
Indiabulls
IIFL
Account Type
Base Plan
Standard Account
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
0.50%
Equity Intraday Brokerage
₹15 per executed order
0.05%
Equity Futures Brokerage
₹15 per executed order
0.05%
Equity Options Brokerage
₹15 per executed order
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹15 per executed order
₹25 per lot
Currency Options Trading Brokerage
₹15 per executed order
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.03%
0.05%
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹0.05 per share
Other Brokerage Charges
Advisory SMS - ₹50 per month
Call & Trade Charges
₹0 (Free)
₹50 per call
Indiabulls Vs IIFL Taxes
Indiabulls
IIFL
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.
Indiabulls Vs IIFL Transaction Charges
Indiabulls
IIFL
Equity Delivery
₹325 per crore (0.00325%)
0.00325%
Equity Intraday
₹325 per crore (0.00325%)
0.00325%
Equity Futures
₹250 per crore (0.0025%)
0.0021%
Equity Options
₹5500 per crore (on premium) (0.055%)
0.051% on premium
Currency Futures
₹250 per crore (0.0025%)
0.0021%
Currency Options
₹5500 per crore (on premium) (0.055%)
0.051% on premium
Commodity
0.0028%
Indiabulls Vs IIFL Exposure Margin
Indiabulls
IIFL
Equity Delivery
1x (no margin)
Upto 3x with 18% interest per year
Equity Intraday
Up to 5x (based on the stock)
Upto 20x
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
Upto 3x
Equity Options
Intra-day: 4x | Carry forward: 1x
3x for shorting
Currency Futures
Intra-day: 2x | Carry forward: 1x
Upto 2x
Currency Options
Intra-day: 2x | Carry forward: 1x
2x for shorting
Commodity Futures
NA
Upto 3x
Commodity Options
NA
Indiabulls and IIFL Feature Comparison
Indiabulls
IIFL
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
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Other Features
Live News, World market summary
Market Mantra, Loyalty Points
Referral Program
Indiabulls Vs IIFL Review
Indiabulls
IIFL
45 Customer Reviews
108 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews IIFL is Rated 2.7 / 5 based on 108 customer reviews
Indiabulls Vs IIFL Investment Options
Indiabulls
IIFL
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Indiabulls Vs IIFL Customer Service
Indiabulls
IIFL
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs IIFL Order Type Offered
Indiabulls
IIFL
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs IIFL Research Report
Indiabulls
IIFL
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs IIFL Suitable For Investor Type
Indiabulls
IIFL
Casual Investor
Active Investor
Trader
Indiabulls Vs IIFL - Advantages and Disadvantages
Indiabulls
IIFL
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
More Advantages...
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...
Cons
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
More Disadvantages...
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...
Reviews
Promo / Offers
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Compare More Brokers
Zerodha
Zero Account Opening Fee