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
Supported Exchnages	BSE, NSE and MCX	NSE, BSE, MCX
Account Type	Equity Unlimited Trade	Flat Brokerage Plan (FBP)
Year of Incorporation	2000	1996
Number of Branches	18	900
Broker Enquiry
	Enquire Indiabulls	Enquire IIFL Securities

Indiabulls Vs IIFL Securities Charges & AMC

Indiabulls trading account opening charges is ₹500 while IIFL Securities account opening changes is ₹750. Indiabulls Demat Account AMC Charges is ₹450 and IIFL Securities Demat Account AMC Charges is ₹400 per year.

	Indiabulls	IIFL Securities
Trading Account Opening Charges	₹500	₹750
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹450	₹400 per year

Indiabulls Vs IIFL Securities Brokerage

Indiabulls brokerage charges for equity is ₹0 (Free) and intraday is ₹0 (Free) whereas IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

	Indiabulls	IIFL Securities
Account Type	Equity Unlimited Trade	Flat Brokerage Plan (FBP)
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	0.05%
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%	1% of Premium or ₹100 per lot, whichever is high
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Indiabulls Vs IIFL Securities Brokerage Plan 2

	Indiabulls	IIFL Securities
Account Type	F&O Unlimited Trade	Variable Brokerage Plan (VBP)
Fixed Charges	₹1000	NA
Equity Delivery Brokerage	₹15 per trade	0.15% to 0.60%
Equity Intraday Brokerage	₹15 per trade	0.02% to 0.05%
Equity Futures Brokerage	₹0 (Free)	0.02% to 0.05%
Equity Options Brokerage	₹0 (Free)	1% to 2.5% of premium or ₹100 per lot, whichever is higher
Currency Futures Trading Brokerage	₹0 (Free)	0.02% to 0.05%
Currency Options Trading Brokerage	₹0 (Free)	1% to 2.5% of premium or ₹100 per lot, whichever i
Commodity Futures Trading Brokerage	0.03%	0.02% to 0.05%
Commodity Options Trading Brokerage	0.03%	1% to 2.5% of premium or ₹100 per lot, whichever i
	Enquire Indiabulls	Enquire IIFL Securities

Indiabulls Vs IIFL Securities Brokerage Plan 3

	Indiabulls	IIFL Securities
Account Type	Base Plan	Advance Brokerage Plan (Prepaid)
Fixed Charges	NA	₹5,000 to ₹1,00,000
Equity Delivery Brokerage	₹0 (Free)	0.35% to 0.05%
Equity Intraday Brokerage	₹15 per executed order	0.04% to 0.01%
Equity Futures Brokerage	₹15 per executed order	0.04% to 0.01%
Equity Options Brokerage	₹15 per executed order	1% of premium to flat ₹20 per lot
Currency Futures Trading Brokerage	₹15 per executed order	0.04% to 0.01%
Currency Options Trading Brokerage	₹15 per executed order	1% of premium to flat ₹20 per lot
Commodity Futures Trading Brokerage	0.03%	0.04% to 0.01%
Commodity Options Trading Brokerage	0.03%	1% of premium to flat ₹20 per lot
	Enquire Indiabulls	Enquire IIFL Securities

Indiabulls Charges Vs IIFL Securities

Minimum Brokerage Charges	₹0 (Unlimited Plan), ₹15 (Per Trade Plan)	₹0.05 per share (₹25 Min)
Other Brokerage Charges		Advisory SMS - ₹50 per month
Call & Trade Charges	₹0 (Free)	₹50 per call

Indiabulls Vs IIFL Securities Transaction Charges

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

	Indiabulls	IIFL Securities
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%
	Enquire Indiabulls	Enquire IIFL Securities

Indiabulls Vs IIFL Securities Leverage (Margin)

Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.

	Indiabulls	IIFL Securities
Equity Delivery	1x (no margin)	Upto 3x (18% Annual Interest)
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
	Enquire Indiabulls	Enquire IIFL Securities

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 Available
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	Enquire IIFL Securities

Indiabulls Vs IIFL Securities Review

Indiabulls is rated 3.2 of 5 based on 48 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 111 customer reviews.

	Indiabulls	IIFL Securities
	48 Customer Reviews	111 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 48 customer reviews	IIFL Securities is rated 2.7 of 5 based on 111 customer reviews

Indiabulls Vs IIFL Securities Investment Options

	Indiabulls	IIFL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (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	Enquire IIFL Securities

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 ₹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.	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.
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.	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.
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
	Enquire Indiabulls	Enquire IIFL Securities