IIFL Securities Stock Trading, Demat, Brokerage and Reviews 2021


22.6% 268,346 Clients

Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India 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 including Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds etc.

They have a wide network of branches spread across all major cities across India. IIFL Securities is popular among retail investors and traders for their personalized services through the relationship managers and a network of branches.

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 Offers

Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer

IIFL Securities Charges 2021

Account Opening Fees & Annual maintenance charges (AMC)

IIFL charge Rs 250 for account opening The charges are currently waived off for online account opening. This one-time charge is also waived for customers who buy certain prepaid brokerage plans. Customers pay Rs 250 for demat account AMC. The Demat AMC is free for 1st year.

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

IIFL Securities Brokerage Plan

IIFL offers 3 brokerage plans designed basis the customer profile. Investor Plan (Online Plus), Super Trader Plan (Pro Traders) and Premium Plan (Dedicated RM). You can choose one of the plans at the time of account opening or switch between them at any time based on your trading needs.

IIFL Brokerage Charges

IIFL charges brokerage as per the plan selected by the customer. IIFL brokerage charges for delivery is 0.25% and IIFL brokerage charges for intraday is 0.025% when you choose the investor plan. The brokerage for intraday reduces to 0.01% in the Super Trader Plan where the customer has to pay a monthly fee of Rs 999.

Plan name Investor Plan (Online Plus) Premium Plan (Dedicated RM) Super Trader Plan (Pro Traders)
Monthly subscription Rs 0 Rs 0 Rs 999
Equity Delivery 0.25% 0.50% 0.10%
Equity Intraday 0.025% 0.05% 0.01%
Equity Futures 0.025% 0.05% 0.01%
Equity Options Rs 25 per lot Rs 50 per lot Rs 10 per lot
Currency Futures 0.025% or Rs 20 per lot 0.050% or Rs 25 per lot 0.015% or Rs 15 per lot
Currency Options Rs 8 per lot Rs 10 per lot Rs 5 per lot
Commodity Futures 0.025% 0.050% 0.015%
Commodity Options Gold: Rs 125 | Silver: Rs 80 | Crude Oil: Rs 80 | Copper: Rs 65 | Zinc: Rs 65 | Gold Mini: Rs 10 per lot Gold: Rs 150 | Silver: Rs 100 | Crude Oil: Rs 100 | Copper: Rs 80 | Zinc: Rs 80 | Gold Mini: Rs 15 per lot Gold: Rs 80 | Silver: Rs 50 | Crude Oil: Rs 50 | Copper: Rs 50 | Zinc: Rs 50 | Gold Mini: Rs 5 per lot

IIFL Charges

IIFL Securities demat account opening charges is Rs 250 and IIFL demat AMC charges is Rs 250 per year. IIFL demat account charges also include demat debit transaction charges of Rs 25 per transaction for Investor Plan. IIFL offers free call & trade to all its customers.

Plan name Investor Plan Premium Plan Super Trader Plan
Account Opening Charges (one-time) Rs 250 Rs 250 Rs 250
Demat AMC (from 2nd year) Rs 250 Rs 250 Rs 250
DP transaction charge (Credit) Rs 0 Rs 0 Rs 0
DP transaction charge (Debit) Rs 25 Rs 50 Rs 10
Delayed payment charge (p.a.) 18% 18% 15%
System & Risk square off Rs 100 Rs 100 Rs 0
Call & Trade Rs 0 Rs 0 Rs 0
Pledge & Unpledge charges/ ISIN (customer initiated) Rs 10 Rs 10 Rs 10
Re-pledge and Release charges/ ISIN (collaterals) Rs 1 Rs 1 Rs 1
Pledge Invocation Charges Rs 15 Rs 15 Rs 15
Pledge Closure Rs 0 Rs 0 Rs 0
Demat/ Remat Charges Rs 15 Rs 15 Rs 15
Payment Gateway Charges Rs 0 Rs 0 Rs 0
Conversion of MF units/ Destatementization Per SOA Rs 0 Rs 0 Rs 0
Reconversion of MF units in to SOA or Redemption/ Restatementization Per SOA Rs 0 Rs 0 Rs 0
Re-issuance of (Additional) New DIS Rs 100 Rs 100 Rs 100
Postal Charges for physical dispatch Rs 40 Rs 40 Rs 40
Pledge charge (Broker Margin Funding) Rs 50 Rs 50 Rs 50
Courier/ physical printing (when requested) Rs 100 Rs 100 Rs 100

IIFL Services Offered by Plan

The services offered by IIFL varies with the plan you choose. IIFL offers free research and intraday call to all its customers. The installable trading terminal is available for free to only Premium and Super trader plans.

Plan name Investor Plan Premium Plan Super Trader Plan
Research Report Yes Yes Yes
Intra-day calls Yes Yes Yes
Market Guru seminars No Yes Yes
Trader Terminal EXE No Yes Yes
Dedicated RM No Yes Yes
Analyst/ Investment advisor meetings No Yes No

Visit IIFL Securities Brokerage Charges Review for more detail.

Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer

IIFL Securities Online Account Opening

IIFL Securities offers both online and offline account opening facility. The best way to open an account with IIFL is by filling an online account opening form. Click here is get more detail about the IIFL account opening.


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 majority of IIFL customers use this app to monitor the markets and trade.

    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. Key features of 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 for a casual investor to the 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 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, 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.

Contact IIFL Securities / Request Call Back

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

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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.

IIFL is a full-service broker. Along with buying and selling, it offers research and recommendations. The personalized services offered through a dedicated relationship manager help traders and beginners.

The IIFL Securities advantages include:

  1. Full-service broker with an extended network of branches across India and abroad.
  2. Free Equity and MF research and recommendation services to all customers.
  3. The advanced trading platform 'Trader Terminal' is one of the best.
  4. Offer a wide range of financial products including stocks, derivatives, bonds, IPO, MF, Corporate FDs and Insurance.
  5. RM (Relationship Manager) services for trading assistance.
  6. IIFL takes personal FDs as collateral for margin funding.
  7. IIFL offers Equity Systematic Investment Plan (Equity SIP)
  8. It offers equity, commodity and currency trading on the same platform.
  9. Offer advanced order type like Valid till Date (VTD).

IIFL Securities Cons (Disadvantages)

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

IIFL brokerage charges are very high in comparison to the online discount stock brokers. It also has a high minimum brokerage and call & trade changes. IIFL charges high brokerage as it offers a range of add-on services including personalized service, research, and recommendations.

  1. Brokerage charges are 60% to 90% higher in comparison to discount stock brokers. Check Discount Broker vs Full-Service Broker in India.
  2. It doesn't offer a 3-in-1 account as IIFL doesn't have a banking license.
  3. It doesn't offer Direct Mutual Funds.
  4. The Rs 25 per scrip minimum brokerage change is very high.
  5. Call & trade changes are Rs 50 per call.
  6. Advisory on SMS is available at Rs 50 per month.

IIFL Securities Ltd Enquiry Form

IIFL Securities Margin / Exposure

IIFL Securities leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity DeliveryUpto 3x (18% Annual Interest)
Equity IntradayUpto 20x
Equity FutureUpto 3x
Equity Options3x for shorting
Currency FutureUpto 2x
Currency Options2x for shorting
Commodity FutureUpto 3x
Commodity OptionsUpto 3x

Visit IIFL Securities Margin Review for more detail.


IIFL Securities Ratings

Overall Rating Rated 2.7 stars 2.7/5
Fees Rated 2.9 stars 2.9/5
Brokerage Rated 2.6 stars 2.6/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 2.8 stars 2.8/5
Research Capabilities Rated 3.6 stars 3.6/5

Based on 112 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 2020-21 268,346 169 0.06%
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%
BSE 2017-18 88,975 36 0.04%
NSE 2016-17 197,996 220 0.11%
BSE 2016-17 98,133 25 0.03%

* 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.

     

Compare IIFL Securities with Top Brokers in India

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IIFL Securities Vs SharekhanIIFL Securities Vs AxisDirectIIFL Securities Vs Angel Broking
IIFL Securities Vs Kotak SecuritiesIIFL Securities Vs Motilal OswalIIFL Securities Vs Karvy
IIFL Securities Vs GrowwIIFL Securities Vs Dhani StocksIIFL Securities Vs Stoxkart
IIFL Securities Vs SBI SecuritiesIIFL Securities Vs GeojitIIFL Securities Vs Religare
IIFL Securities Vs EdelweissIIFL Securities Vs SMC GlobalIIFL Securities Vs Nirmal Bang
IIFL Securities Vs 5paisaIIFL Securities Vs VenturaIIFL Securities Vs Upstox
IIFL Securities Vs Anand RathiIIFL Securities Vs Master TrustIIFL Securities Vs Indiabulls
IIFL Securities Vs Aditya Birla MoneyIIFL Securities Vs BonanzaIIFL Securities Vs SAMCO
IIFL Securities Vs TradingBellsIIFL Securities Vs IDBI CapitalIIFL Securities Vs TradeSmart
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372 Comments

Nirmal Lad
372. Nirmal Lad  Feb 23, 2021 07:47 I Like It. | Report Abuse Reply 0
IIFL is one of good broker company, I used it since last more than 10 years. Very professional, mobile app is also very user friendly. Their basic service is good and if you are capable to apply your own mind to take decision then no need to subscribe their other services. frequently they arrange the educational seminars, very interesting and provide you different ideas for investment.
Jatin
371. Jatin  Jan 25, 2021 19:53 I Like It. | Report Abuse Reply 0
It is a fraud company, stay away from it

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
Sub
370. Sub  Jan 18, 2021 17:55 I Like It. | Report Abuse Reply 0
*DON’T OPEN AC HERE, JUST PURE CHEATER, - AMC is 450/ not 250. Stock tips -300/ month, fake return on STOCK VEIW 5000/ 6 Months. *** after opening Ac u cant find " Research On stock "** , it will view before open Ac. Every corner is aCJARGE/ SUBSCRIPTION. # TIPS ONLY ON FUTURE not on Equity ( cash)
Better experience , APP IS minus rating.
No support / resistance, deyail, chart is unusable , SMC provide more info than iifl without AC open. No cust. Care
Think before
Sumeet
369. Sumeet  Oct 28, 2020 00:37 I Like It. | Report Abuse Reply 0
Worst rm service. Had a rm by name of n aya na ka da m. She and her team never bother to pick customer calls or reply to mails , even when you are having big fno positions. They keep on escalating calls. When you mail to customer service, you only get ticket numbers as your token for queries which never gets resolved. Also there is a big limit problem especially in margin calculation. They assign stocks their own created groups and most of the stocks in B1 B2 category are put in Z groups un their software with 100 percent haircut. So they provide zero limit on such stocks even when you have a portfolio value of more than 10 lakhs. And last, but not the least, Very high charges are debited like 25 rupees per call charge if you call your rm and your trade gets executed. And 60 rupees are debited for a physical contract note. Stay away from such cheaters and frauds
Sumit
368. Sumit  Sep 1, 2020 21:46 I Like It. | Report Abuse Reply 0
Worst customer service
They only want to sell its product like tips n adversary
No technical support ,no relationship manager support,no customer care support
If you complaint against any thing with mail you just replied by tickets number
No query No isssue nothing is resolved by them
Don't go only for flat 20 brokerage
If I can I will give negative star or negative points for IIFL
Mondal
367. Mondal  Jul 16, 2020 22:22 I Like It. | Report Abuse Reply 0
IIFL new Z20 plan launch...0 delivery and 20 intrady and Demat debit charge only Rs 12.5 . Demat AMC only Rs 250.
More more better than any discount broker. Customer service excellent with Ask IIFL chat also very good. IIFL is a big brand not like discount brokers those ve no offline presence , if any thing worst happened no body can trace that discount brokers....so always go with good brand IIFL, Motilal, Sharekhan , ICICI , Angel broking ....U can sleep peacefully . Cost not factor for long term invsetor look for brand who can give u safety.
Swarnavo Pal
367.1. Swarnavo Pal  Aug 16, 2020 03:49 I Like It. | Report Abuse 0
Can you please tell me about the new plan z20 plan because I am not able see that on their website just an agent called me what are the charges in this plan and is the plan valid for lifetime?
sumit patil
366. sumit patil  Aug 4, 2020 12:36 I Like It. | Report Abuse Reply 0
iifl is very bad brooking firm ,bcz every time while i login its showing wrong password or technical error ,or second factor failed.and bcz of that i click on forget password no any password received from tt web and issue is we r in loss bcz of we cant buy the shares which u want in morning bcz of application login issue.so its very bad service providers.charges are very high. an also iffl is chetter.and pls dont open the demat accout with iifl.very bad app and service also.
pradeep
365. pradeep  Jul 28, 2020 14:59 I Like It. | Report Abuse Reply 0
Fake people they are cheaters they are not giving proper info on profit i have made when ever i am.asking that full detail they stop responding to me or not even reply to.my email
Mondal
364. Mondal  Jul 16, 2020 22:32 I Like It. | Report Abuse Reply 0
I like IIFL new Z 20 plan . Overall ok . Its a old brand with so many offline offices.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Above Average
Gopal
363. Gopal  Jun 23, 2020 14:17 I Like It. | Report Abuse Reply 0
IIFL The Worst brokerage Firm

I dont recommend IIFL for your Dmat services. High service charges, there are few services like Swing Trader which is useless and they trap you and make you buy the service. you will never have chance to unsubscribe from that service. they keep debiting your account with out your knowledge. Ruthless service executives, very poor customer service. You never get a chance to speak to your RMs for any kind of issues or escalations.

Navneet Kumar
362. Navneet Kumar  Jun 8, 2020 21:24 I Like It. | Report Abuse Reply 0
Margin calculation is not good.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average
Chain singh
361. Chain singh  May 29, 2020 21:55 I Like It. | Report Abuse Reply 0
Very good trading app and comfortable for trading and there is lots of knowledge include inthe app related to product, research analysis which are useful for beginners.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
SANTOSH S RANE
360. SANTOSH S RANE  May 28, 2020 22:59 I Like It. | Report Abuse Reply 0
HI
Don't open account at IIFL securities Limited very worst experience.
Relationship managers are not attaing a call of client.
many tiems orders execution issues are there. Recent issue of 26/05/2020.
intraday orders are also not executed by end of the day session. Sell order are also got delivered in cash segment. No reply of emails also only ticket number is generated.
No call back.
vaibhav mhaske
359. vaibhav mhaske  May 18, 2020 19:45 I Like It. | Report Abuse Reply 0
IIFL APP SYSTEM IS OUTSTANDING .BUT THEY CHARG EXCESS BROAKING CHARGES FROM CUSTOMER .Eg MYSELF.SO PLEASE IIFL STOP THIS ROBBERY.I AM SMALL TRADERS AND SO MANY SMALL TRADERS .DONT'S ROBBERY IN SMALL TRDERS POCKET.
Dimple
358. Dimple  May 5, 2020 05:22 I Like It. | Report Abuse Reply 0
There brokerage charges are very high compare to Upstock and Zerodha . Pathetic service. Better go for upstock or zerodha.

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
Avishek
357. Avishek  Apr 3, 2020 23:49 I Like It. | Report Abuse Reply 0
Charges mentioned are not true.. Its Rs. 25/- +GST per script on buy or Sale. For Sale Demat Debit Transaction charges over & above.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
Team Chittorgarh.com
357.1. Team Chittorgarh.com  Apr 4, 2020 10:33 I Like It. | Report Abuse 0
Dear Sir,

We are not sure about your feedback. Cold you please provide more detail.

The Demat Debit Transaction charge is 0.05% (Min ₹15 and max ₹100).
SURYA TEJA VADDIRAJU
356. SURYA TEJA VADDIRAJU  Oct 17, 2019 22:39 I Like It. 1 | Report Abuse Reply 0
It have more brokerage on equity that 0.05% or ₹0.05 per share unit on both side i.e if you buy an idea share @5.70 and you sold it @5.80 .then the brokerage is ₹.10(10 paise) ..and if you trade same at quantity of 100. Then,the brokerage is ₹10(Ten Rupees). i.e. while of you calculate it , it's only the profit that you created but brokerage is your profit and you have to pay extra charges. So finally you have to pay them after you earn profit too.....

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Average
Niket
356.1. Niket  Jan 4, 2020 12:38 I Like It. | Report Abuse 0
Its Statndard brokerage charges, Its also negotiable to 0.01 & 0.1%.
Chaudhari Krupalbhai
355. Chaudhari Krupalbhai  Jan 1, 2020 17:08 I Like It. | Report Abuse Reply 0
I don't like the brokerage charges. They said that minimum charges will be taken but their isn't.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
Praveen
354. Praveen  Dec 14, 2019 03:45 I Like It. | Report Abuse Reply 0
Very bad service

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
PRAKASH
353. PRAKASH  Dec 5, 2019 22:34 I Like It. | Report Abuse Reply 0
totally useless brokerage, no response from RM( sonali ), No information about shares, worst

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Very Poor

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