Indiabulls Vs IIFL Securities (Compare Indiabulls and IIFL Securities)

Indiabulls Vs IIFL Securities

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

	Indiabulls	IIFL Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE and MCX	NSE, BSE, MCX
Year of Incorporation	2000	1996
Number of Branches	18	900
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Vs IIFL Securities Charges & AMC

Indiabulls trading account opening charges is Rs 500 while IIFL Securities account opening changes is Rs 0 (Free). Indiabulls Demat Account AMC Charges is Rs 450 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

	Indiabulls	IIFL Securities
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 450	Rs 250 (Free for 1st year)

Indiabulls Vs IIFL Securities Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.

	Indiabulls	IIFL Securities
Account Type	Equity Unlimited Trade	iServe
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 0 (Free)	Rs 20 per order
Equity Futures	Rs 15 per trade	Rs 20 per order
Equity Options	Rs 15 per trade	Rs 20 per order
Currency Futures	Rs 15 per trade	Rs 20 per order
Currency Options	Rs 15 per trade	Rs 20 per order
Commodity Futures	0.03%	Rs 20 per order
Commodity Options	0.03%	Rs 20 per order
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the 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.

Indiabulls Vs IIFL Securities Brokerage Plan 2

	Indiabulls	IIFL Securities
Account Type	F&O Unlimited Trade	iServe
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 15 per trade	Rs 0 (Free)
Equity Intraday	Rs 15 per trade	Rs 20 per order
Equity Futures	Rs 0 (Free)	Rs 20 per order
Equity Options	Rs 0 (Free)	Rs 20 per order
Currency Futures	Rs 0 (Free)	Rs 20 per order
Currency Options	Rs 0 (Free)	Rs 20 per order
Commodity Futures	0.03%	Rs 20 per order
Commodity Options	0.03%	Rs 20 per order
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Vs IIFL Securities Brokerage Plan 3

	Indiabulls	IIFL Securities
Account Type	Base Plan	iServe
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 15 per executed order	Rs 20 per order
Equity Futures	Rs 15 per executed order	Rs 20 per order
Equity Options	Rs 15 per executed order	Rs 20 per order
Currency Futures	Rs 15 per executed order	Rs 20 per order
Currency Options	Rs 15 per executed order	Rs 20 per order
Commodity Futures	0.03%	Rs 20 per order
Commodity Options	0.03%	Rs 20 per order
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Charges Vs IIFL Securities

Minimum Brokerage	Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)
Other Charges		Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 0 (Free)	Rs 50 per call

Indiabulls Vs IIFL Securities Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).

	Indiabulls	IIFL Securities
Equity Delivery	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 250 per crore (0.0025%)	Rs 210 per Cr (0.0021%)
Equity Options	Rs 5500 per crore (on premium) (0.055%)	Rs 5100 per Cr (0.051%) (on premium)
Currency Futures	Rs 250 per crore (0.0025%)	Rs 210 per Cr (0.0021%)
Currency Options	Rs 5500 per crore (on premium) (0.055%)	Rs 5100 per Cr (0.051%) (on premium)
Commodity		Group A - Rs 280 per Cr (0.0028%)
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Vs IIFL Securities Leverage (Margin)

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

	Indiabulls	IIFL Securities
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)
	Enquire Indiabulls	Open IIFL Securities Account

Compare Indiabulls and IIFL Securities Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

	Indiabulls	IIFL Securities
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	SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time
Other Features	Live News, World market summary
Referral Program
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Vs IIFL Securities Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 118 customer reviews.

	Indiabulls	IIFL Securities
	50 Customer Reviews	118 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 50 customer reviews	IIFL Securities is rated 2.7 of 5 based on 118 customer reviews

Indiabulls Vs IIFL Securities Investment Options

	Indiabulls	IIFL Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance

Indiabulls Vs IIFL Securities Order Type Offered

	Indiabulls	IIFL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Indiabulls	Open IIFL Securities Account

Indiabulls Vs IIFL Securities Research Report

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

Indiabulls Vs IIFL Securities Suitable For Investor Type

	Indiabulls	IIFL Securities
Casual Investor
Active Investor
Trader

Indiabulls Vs IIFL Securities - Pros and Cons

	Indiabulls	IIFL Securities
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 Rs 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.	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.
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.
Reviews
Promo / Offers	Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer	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.
	Enquire Indiabulls	Open IIFL Securities Account