IIFL Securities

One of India’s biggest full-service stock brokers, IIFL Securities was founded in 1995. Part of the IIFL Group, a well-known provider of financial services offering many different services, is IIFL Securities. IIFL is a reputable brand known for the calibre of its counsel, individualised attention, and application of cutting-edge technologies.

For a wide variety of financial instruments, including stocks, derivatives, commodities, insurance, FDs, loans, initial public offerings (IPO), and bonds, etc., IIFL Securities provides online trading and research-based advice services.

IIFL offers just one straightforward flat-rate brokerage option. This inexpensive brokerage plan enables trading on all segments, including stock delivery, at a fixed charge of Rs. 20 per executed order.

IIFL Securities have a large no. of Regiestered number of client (611,824)  & it also have a large number of Registered AP (Sub-Brokers) 15,000

Additionally, IIFL Securities provides trading and investment services to NRIs. In Colombo, Dubai, New York, Mauritius, London, Singapore, and Hong Kong, they are locally present.

IIFL Securities Charges 2023

Account Opening Charges and Annual maintenance charges (AMC)

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

• IIFL Account Opening Charges: Rs 0 (Free)
• Demat Account Annual Maintenance Charges (AMC): Rs 250 (Enjoy first year free of cost)

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

Additional Information

Advantages and Disadvantages of IIFL Securities

IIFL Securities Pros (Advantages)

There are some of the advantages of IIFL Securities. You must need to know 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. A full-service broker with an Indian branch network. 2. Delivery, Intraday, and F&O brokerage is flat at Rs 20 per trader at BSE, NSE, MCX, and NCDEX. 3. Free research and recommendation services for equity and MF. 4. The ‘Trader Terminal’ is one of the best advanced trading platforms. 5. It provides trading for equities, commodities, and currencies on the same platform. 6. Equity Systematic Investment Plan (Equity SIP) is offered by IIFL. 7. Advance order types for offers, such as the Valid till Date (VTD) order. 8. Each account has a Relationship Manager (RM) who can provide in-person trading advice and support. 9. Provide a variety of financial products, including stocks, bonds, IPOs, mutual funds, corporate fixed-       income securities, and insurance.
2. The publicly traded business IIFL Securities is listed on the BSE and NSE.

IIFL Securities Cons (Disadvantages)

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

1. Customers are offered unannounced margin funding. This results in significant confusion for the customer and high interest costs. 2. Unlike Zerodha, ProStocks, Angel One, and other bargain brokers, equity delivery brokerage is not free. 3. Since IIFL lacks a banking licence, it does not provide a 3-in-1 account. 4. No Direct Mutual Funds are available.
2. Each call and trade change costs of Rs. 50.

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.