Is IIFL a discount broker?

IIFL is a full-service broker offering broking, depository, and advisory services to its clients. IIFL is a SEBI registered broker and a member of BSE, NSE, MCX, and NCDEX providing investment options across various range of products like Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, Bonds, etc.

5paisa is a discount brokerage business promoted by IIFL promoters. Though it uses IIFL infrastructure, it works as a separate business entity. 5paisa.com offers low-cost online trading services in equity, derivatives, currency, and commodity.

Read Discount Broker vs Full-Service Broker in India for more details.

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