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.

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Indiabulls Vs IIFL

  Indiabulls IIFL
Find more info about broker
Indiabulls Ventures Limited Logo IIFL Securities Limited Logo
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 ... Know more about Indiabulls Ventures Limited 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... Know more about IIFL Securities Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE and MCX NSE, BSE, MCX
Account Type Equity Unlimited Trade Standard Account
Broker Enquiry Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 1996
Number of Branches 18 900
Enquire Indiabulls Enquire IIFL
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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
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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
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive 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
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Indiabulls Vs IIFL Taxes

  Indiabulls IIFL
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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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%
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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
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Indiabulls and IIFL Feature Comparison

  Indiabulls IIFL
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
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Indiabulls Vs IIFL Review

  Indiabulls IIFL
  45 Customer Reviews    Rate Indiabulls 108 Customer Reviews    Rate IIFL
Fees 3.4 2.9
Trading Brokerage 3.1 2.6
Trading Platform Usability 3.8 3.3
Customer Service 3.1 2.7
Research Capabilities 3.0
Overall Ratings Rated 3.2 stars Rated 2.7 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 45 customer reviews IIFL is Rated 2.7 / 5 based on 108 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire IIFL Enquire
Contact Broker

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

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Indiabulls Vs IIFL Investment Options

  Indiabulls IIFL
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD Yes
Debt Yes Yes
Other Investment Options
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Indiabulls Vs IIFL Customer Service

  Indiabulls IIFL
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Indiabulls Vs IIFL Order Type Offered

  Indiabulls IIFL
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No
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Indiabulls Vs IIFL Research Report

  Indiabulls IIFL
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Indiabulls Vs IIFL Suitable For Investor Type

  Indiabulls IIFL
Casual Investor Yes
Active Investor Yes
Trader Yes
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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...

  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. 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...

  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. 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
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