Chittorgarh.com Logo
Loading...

IIFL Securities Stock Trading, Demat, Brokerage and Reviews 2022


288.29% 1,132,766 Clients

IIFL Securities Account Opening Enquiry

Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology.

IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds, etc.

IIFL offers one simple flat rate brokerage plan. This discount brokerage plan offers trading at flat Rs 20 per executed order across all segments including equity delivery.

IIFL Securities also offers NRI Trading and Investment services. They have a local presence in Colombo, Dubai, New York, Mauritius, London, Singapore, and Hong Kong.

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, 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.


IIFL Securities Charges 2022

Account Opening Fees & Annual maintenance charges (AMC)

IIFL offers free online account opening. Customers pay Rs 250 for demat account AMC. The Demat AMC is free for 1st year.

  • IIFL Account Opening Charges: Rs 0 (Free)
  • Demat Account Annual Maintenance Charges (AMC): Rs 250 (Free for first year)

IIFL Securities Brokerage Plan

IIFL offers one simple flat rate brokerage plan. This discount brokerage plan offers trading at flat Rs 20 per executed order across all segments including equity delivery.

IIFL Brokerage Charges List

Segment Brokerage
Equity Delivery Rs 20 per order
Equity Intraday Rs 20 per order
Equity Futures Rs 20 per order
Equity Options Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order

Visit IIFL Securities Brokerage Charges Review for more detail.

Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

IIFL Securities Online Account Opening

For online trading with IIFL, the investor has to open an account. Fill in an online account opening form to open a FREE Instant Demat Account and start trading the same day.


IIFL Securities Trading Software (IIFL Securities Trading Platforms)

IIFL offers several trading platforms. Most of them are available for free to all the customers.

  1. IIFL Markets App (Android and iOS)

    IIFL Markets is a mobile app for trading at BSE, NSE and MCX. With lakhs of downloads, it is among the highest-rated trading app in India.

    The app provides you with the facility to trade, analyze and stay updated with the latest information on stock markets in real-time on your Android and Apple mobile phones. The key features of the IIFL Markets Mobile App include free research reports, online IPO, trading tips and alerts and integrated back-office reports.

  2. Trader Terminal (TTWeb Website)

    The trading terminal on the web is a sophisticated trading website designed for trading on any computer or phone with a web browser. The India Infoline TTWeb has every trading feature needed from a casual investor to a frequent trader.

  3. Trader Terminal (TT.Exe Desktop PC)

    IIFL Trader Terminal is installable trading software for PC. It is designed for high-volume traders. TT Terminal is an all-inclusive online trading tool, with superior charting and analytical capabilities. It has the fastest order execution speed. It offers the facility to trade in cash, derivatives, mutual funds, IPOs, currencies and commodities, all in one screen.

  4. TT Iris

    TT Iris is a stock market decision-making software designed for frequent traders. It helps analyze the market in real-time and make decisions based on the most recent data. TT Iris's unique features include customized charting, strategy testing, portfolio optimization, candlestick scanners, and price watch.

    TT Iris is a 3rd party trading software build by Spider Software India. It is available for a yearly fee of Rs 54,000.

  5. IIFL Mutual Funds App (Android and iOS)

    IIFL Mutual Fund app is a smart phone app to invest online in Mutual Funds. This app allows Buy, Sell, SIP and Monitor Mutual Funds. This free app allows you to view mutual fund scheme performance, the latest industry news & expert advice from Fund Managers. The app also offers an online paperless account opening.

 

Visit IIFL Securities Trading Software Review for more detail.

IIFL Securities Account Opening Enquiry

Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

IIFL Securities Pros and Cons


IIFL Securities Pros (Advantages)

The following are the advantages of IIFL Securities. You must read IIFL Securities advantages and disadvantages before opening an account with IIFL Securities. IIFL Securities pros and cons help you find if it suits your investment needs.

  1. Full-service broker with a network of branches across India.
  2. Flat Rs 20 per trader brokerage for Delivery, Intraday and F&O at BSE, NSE, MCX, and NCDEX.
  3. Free Equity and MF research and recommendation services.
  4. The advanced trading platform'Trader Terminal' is one of the best.
  5. It offers equity, commodity, and currency trading on the same platform.
  6. IIFL offers Equity Systematic Investment Plan (Equity SIP)
  7. Offer advanced order type like Valid till Date (VTD) order.
  8. Relationship Manager(RM) with every account for in-person trading advisory and assistance.
  9. Offer a wide range of financial products as stocks, derivatives, bonds, IPO, MF, Corporate FDs, and Insurance.
  10. IIFL Securities is a publicly-traded company listed at BSE and NSE.

IIFL Securities Cons (Disadvantages)

The following are the cons of IIFL Securities. Check the list of IIFL Securities drawbacks.

  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is not free unlike Zerodha, ProStocks, Angel One and other discount brokers.
  3. IIFL doesn't offer a 3-in-1 account as IIFL doesn't have a banking license.
  4. It doesn't offer Direct Mutual Funds.
  5. Call & trade changes are Rs 50 per call.

Open Instant Account with IIFL Securities

IIFL Securities Margin Exposure

IIFL Securities margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. IIFL Securities F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for IIFL Securities F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

IIFL Securities Ratings

Overall Rating Rated 2.6 stars 2.6/5
Fees Rated 2.8 stars 2.8/5
Brokerage Rated 2.6 stars 2.6/5
Usability Rated 3.2 stars 3.2/5
Customer Service Rated 2.6 stars 2.6/5
Research Capabilities Rated 3.1 stars 3.1/5

Based on 125 Votes by IIFL Securities Customers

Do you trade with IIFL Securities? Rate IIFL Securities


IIFL Securities Complaint

The number of IIFL Securities customer complaint received by the exchanges. The IIFL Securities consumer complaint report helps understanding the IIFL Securities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 1,144,428 77 0.01%
NSE 2021-22 1,132,766 363 0.03%
BSE 2021-22 99,646 39 0.04%
NSE 2020-21 291,730 228 0.08%
BSE 2020-21 65,221 5 0.01%
NSE 2019-20 218,877 112 0.05%
BSE 2019-20 64,954 13 0.02%
NSE 2018-19 221,753 133 0.06%
BSE 2018-19 48,542 19 0.04%
NSE 2017-18 225,435 138 0.06%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit IIFL Securities Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. What is IIFL securities?

    IIFL Securities, formerly known as India Infoline, is a full-service stockbroking firm founded by Mr. Nirmal Jain and incorporated in 1995 in India.

    IIFL Securities is a leading advisory firm providing diversified financial services and products to corporate, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high net worth individuals, and retail clients.

    IIFL Securities has been in the broking business for almost 25 years serving over 2.3 lakh active clients providing them trading and investment services in Equity, Currency, Commodities, Futures & Options, Mutual Funds, Bonds, and IPOs etc.

    IIFL Securities has a strong footprint in India with 2500+ centers spread over 500+ cities and also global presence in London, Mauritius, New York, Colombo, Dubai, Singapore and Hong Kong.

     

     

  2. 2. What does IIFL securities do?

    IIFL Securities is one of the largest full-service brokers providing stockbroking and investment advisory and research services to its clients.

    IIFL Securities is a SEBI registered entity and has BSE, NSE, MCX, and NCDEX membership. It provides various investment options to its clients ranging from Equity (including Equity Systematic Investment Plans), F&O, Commodity, Currency to Mutual Funds. IIFL is also a depository participant of CDSL and NSDL thereby providing Demat services to its customers along with trading services.

     

     

  3. 3. How IIFL works?

    IIFL Securities or India Infoline is a full-service stock broker in India. The company offers online and offline trading and investment services to resident Indians as well as non-resident Indians in equity, commodity, currency, futures, and options.

    IIFL also offers Mutual Funds, IPOs, Bonds, Insurance, Loans, and Corporate FDs. IIFL offers its services online or through its branches spread across various cities in India.

    To avail of various services of IIFL, you need to open a trading & Demat account with the company and link it with a savings bank account. IIFL offers 3 different brokerage plans:

    1. Flat Brokerage Plan
    2. Variable Brokerage Plan
    3. Value-added Subscription Plan (Advance Brokerage Plan)

    You can choose one of the plans at the time of account opening or switch between accounts at any time. You will be charged brokerage (as per the chosen plan), fees, and taxes based on your transactions. Refer to Brokerage Charges for more details.

    To invest in mutual funds, you need to open a separate account with the company called 'IIFL Mutual Fund Account'.

    The Demat account will be linked to your trading and IIFL Mutual Fund Account and all the securities bought through the accounts will be held in it.

    Once you have opened the accounts, you can trade through IIFL in multiple ways:

    1. IIFL Markets App(Mobile Trading App)
    2. TT Web(Online Trading Website) or TT Desktop (Installable Trading Terminal)
    3. IIFL Mutual Funds App(Android and iOS)
    4. Call and Trade

     

     

  4. 4. Is IIFL good for trading?

    IIFL is one of the biggest full-service brokers in India serving residents, non-residents, corporates, and other institutional clients. IIFL is a one-stop-shop providing various online and offline investment options like Equity, currency, derivatives, commodity, FD's, Mutual Funds, Bonds, etc. along with the best research-based advisory services.

    IIFL's trading platforms are one of the best in the country based on cutting edge technology. You are assigned a dedicated relationship manager (RM) to help you guide and support at each step.

    IIFL being a full-service broker, the brokerage charges are 60%-90% higher compared to an online discount broker.

     

     

  5. 5. How to close IIFL trading account online?

    The IIFL Securities trading account cannot be closed online. The IIFL trading account closure involves filling and submitting a physical form. The form can be downloaded from the company's website or you can also contact your Relationship Manager (RM) to get a copy of the form.

    Steps to close IIFL trading account:

    1. Select the option in the form for the closure as (1) only trading account, (2) only Demat account, or (3) Both.
    2. Fill in the required details and sign the form
    3. Submit the form to your branch office or at the given address.

    Note:

    • Clear all the outstanding dues before initiating the closure request.
    • Attach unused Delivery Instruction slips if the request also includes the closure of the Demat Account.
    • Sell or transfer existing securities if any to other Demat accounts.

     

     

  6. 6. How to close IIFL securities account?

    IIFL Securities offers an easy account closure facility where a customer can download an account closure form, print it, fill it, sign it and send it to the broker for closing the account. Note that you cannot close your account online, by phone, or by email.

    Steps to close IIFL securities account:

    1. Visit the IIFL Securities website.
    2. Go to the 'Download Forms' option at the footer of the website.
    3. Download the Account Closure Request Form
    4. Fill in information like client ID, DP ID, name, and the reason for closing the account and sign the form.
    5. Courier/submit the form to the nearest branch or the address mentioned in the closure form.

    Please note:

    • Clear all your pending dues as the company may reject the account closure request.
    • Transfer any securities held in the IIFL Demat to another Demat account or sell it.
    • Submit the unused DIS (delivery instruction slip) to the DP.

     

     

  7. 7. Is IIFL Securities good?

    IIFL Securities is a good full-service broker with brokerage rates and technology as competitive as leading discount brokers.

    IIFL Securities is a SEBI registered broker, having membership with NSE, BSE, MCX, and NCDEX. IIFL Securities is a full-service retail and institutional broking firm with a diverse product portfolio that includes stocks, derivatives, bonds, mutual funds, IPOs, portfolio advisory, investment banking, corporate FDs, and insurance.

    IIFL Securities is a part of a well-reputed and leading financial services provider firm IIFL group. IIFL Securities offers flexibility to investors to choose from either of the depositories - NSDL and CDSL.

    The company has been in the industry for 25 years and has served more than 2.4 million customers to date. With its 2,500 customer touchpoints (including branches and business partners across 500 cities, the company has a nationwide presence in India.

     

     

  8. 8. How to invest in IIFL?

    You can invest in IIFL using the IIFL mobile app (IIFL Markets), IIFL website (TT web), or IIFL trading terminal (IIFL Desktop).

    Steps to invest in IIFL

    1. Open an online account with IIFL.
    2. Log in to the IIFL web, Mobile app, or Desktop.
    3. Transfer required funds to your trading account.
    4. Buy/sell desired shares or mutual funds online.

    IIFL is one of the leading full-service Equity brokers offering a wide range of trading and investment products to Individuals, Corporates, Institutional investors, Foreign Portfolio Investors, Mutual funds, Insurance companies, Alternative Investment funds, Trusts, and High net worth individuals.

     

     

  9. 9. How to buy shares through IIFL?

    IIFL allows investors to buy/sell shares online through either of the IIFL trading platforms - IIFL web, IIFL Mobile App, or the IIFL Desktop. You need to have an account with IIFL to buy shares through them.

    Steps for buying shares through IIFL

    1. Open an online account with IIFL.
    2. Log in to your IIFL securities account.
    3. Search the stock you want to purchase.
    4. Click on Buy.
    5. Enter the Order details like Quantity, Price (Limit or Market), Product Type (Intraday/Delivery), Validity (Day/IOC), Regular/AMO, Stop loss details (if stop-loss option applied- optional)
    6. Review and place the order.

     

     

  10. 10. Is IIFL Securities safe?

    IIFL Securities is a safe and genuine broker with all the required certifications to conduct broking business in India.

    IIFL Securities is safe for the following reasons:

    • 25+ years of trusted service with over Rs 1L Cr wealth management portfolio.
    • Strong track record of promoters.
    • SEBI registered broker.
    • Membership with BSE, NSE, MCX, and NCDEX.
    • Part of the IIFL group (one of the reputed financial services providers).
    • An experienced broker with over 25 years of experience.
    • Listed Company that requires transparency in operation.
    • Lower client to complaint ratio.
    • ISO Certified.
    • Secured access to trading.
    • Branch Support.

     

     

Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

398 Comments

398. suvojit sadhukhan   I Like It. | Report Abuse |   Link | Aug 25, 2022 10:21:26 AM Reply
some time ttweb not work properly. and when you want to booking your profit the website either not work properly or it may hang. i thing iifl do this intentionally and time and again its happened and they never response when you under a knife.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Very Poor
397. pankaj   I Like It. | Report Abuse |   Link | Aug 17, 2022 2:35:55 PM Reply
I had a sub brokership with IIFL SECURITIES and my sub - broker tag is F142C it was the worst experience because they do not provide any support and services after completing the formalities of brokership. Infact they do not provide any incentive of account opening so please do not go with IIFL SECURITIES.
397.1. Sandeep Jain   I Like It. | Report Abuse |   Link | Aug 17, 2022 5:08:57 PM
yes 100% right m also a sub broker of IIFL Securities my Id is : F163Z , IIFL Securities is just collecting Charges from sub broker but they will not provide proper service
396. Nitin Kachhiya   I Like It. | Report Abuse |   Link | Jul 24, 2021 11:07:54 AM Reply
why getting following message even ?

Your account is not in adequate cover, please transfer funds by 8.30 AM. or call up Relationship Manager Centralized Trading Desk on 2241383838 before market starts, else stocks may be sold by Risk Action.
396.1. surya prakash   I Like It. | Report Abuse |   Link | Jul 8, 2022 12:38:08 PM
Me too receiving the same message.

Looks like they wanted us to maintain a minimum balance of 1000rs
395. Anoop   I Like It. | Report Abuse |   Link | Jul 6, 2022 3:32:25 PM Reply
Had good trading terminal. These days, everyomne have one.

Their charges are very high. They will charge exorbitant charges without informing the account holder.
394. Krishna kant   I Like It. | Report Abuse |   Link | Jun 8, 2022 11:18:17 AM Reply
Iifl work only for brokerage… they will ruined your capital and will force you for premium vas plan.. they ruined my 4.8 lacs in just only 8-9 days … and they earned 1.6 lacs through brokerage… they will buy the same things multiple times.. thus the brokerage will be more then your gain after the day end… trust me this is my personal experience… if you don’t want to loose your hard core money..: then plzz always stay away from iifl… if sm1 wants to see the scenario of loosing capital… then reach me … I will show him my iifl account transactions ..

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
393. c.v. lakshmi   I Like It. | Report Abuse |   Link | Jun 5, 2022 7:58:30 AM Reply
i am account opening and trading for one month id 82874635 but back office and ledger not available customer service nil answer only robot your problem not understand ,contract note still not open all phone numbers are waste iifl home page lot of advertisements
392. Anil kumar   I Like It. | Report Abuse |   Link | May 24, 2022 8:53:45 PM Reply
During account opening i was promised lifetime free amc, but every year they are charging more and more.
In website amc mentioned 250 but i was debited by 465.
Complete loot.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
391. Sandeep   I Like It. | Report Abuse |   Link | May 21, 2022 11:36:52 PM Reply
My name sandeep,
Anumuki Sai kishor he is employeee of, IIFL securities, he is bigger farud he don't take or any investment of this company,
390. Sandeep   I Like It. | Report Abuse |   Link | May 21, 2022 11:31:46 PM Reply
All employees are very bad and cheaters plz don't invest in iifl securities,
His employee name is, anumuki Sai kishor
He is fraud.

389. SREENIVASAN M   I Like It. | Report Abuse |   Link | May 17, 2022 11:07:52 AM Reply
unable to open login trade past 1hr, any issue with server?
388. Joseph Dsouza   I Like It. | Report Abuse |   Link | Apr 12, 2022 10:44:39 AM Reply
The customer Service is very poor... you dont get any support when needed.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
387. Rahul   I Like It. | Report Abuse |   Link | Apr 12, 2022 1:11:38 AM Reply
Poor service . And didn't respond any mail and call. Not cooperative with customer
386. Raj   I Like It. | Report Abuse |   Link | Apr 5, 2022 3:18:29 PM Reply
from 6th April 2022 onwards delivery plan have changed from 0 to 20.
https://www.indiainfoline.com/iserve-open-demat/view-plan.html
385. Devang Doshi   I Like It. | Report Abuse |   Link | Mar 16, 2022 1:00:16 PM Reply
Third class company, product experience and fatichur recommendations. I have one account with 5paisa also and one more with Motilal, I am satisfied with both other services, IIFL is third class broker, dont waste your money here, Motilal recommendation are good, 5 Paisa product offerings are so much better,

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
384. PJ   I Like It. | Report Abuse |   Link | Mar 9, 2022 2:04:22 PM Reply
Worst company i could ever imagine to deal with
Simply pathetic company and their representatives
383. amar pandit   I Like It. | Report Abuse |   Link | Jan 31, 2022 5:59:57 PM Reply
i only want to say my twenty five thousand bekome four thousand only just imagine iifl give me how perent return
382. Garima R Garg   I Like It. | Report Abuse |   Link | Jan 28, 2022 9:18:44 PM Reply
Trade Terminal is awesome. But they can develop their customer service. Premium Plan is very expensive, but this is very helpful for trading & investment. Sanjiv Bhasin's good recommendation & Peetambera g's good behaviour is the asset of IIFL Secirities.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent
381. Sunil   I Like It. | Report Abuse |   Link | Jan 8, 2022 6:55:49 PM Reply
Taking extra Brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Below Average
380. kirit   I Like It. | Report Abuse |   Link | Dec 17, 2021 9:05:25 AM Reply
good one

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
379. VILAS   I Like It. | Report Abuse |   Link | Oct 29, 2021 4:50:06 PM Reply
OVERALL GOOD EXPERIENCE OF TRADING

THE APP IS VERY GOOD, TRADING AND FINANCIAL REPORTS BETTER



Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Above Average

Are you a Zerodha Customer?