Zerodha vs IIFL Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Zerodha vs IIFL Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Zerodha and IIFL Securities.

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Zerodha vs IIFL Securities – Company Overview

Company Overview Zerodha IIFL Securities
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Nithin Kamath Nirmal Jain
Establishment Year 2010 1995

Compare the Brokerage of Zerodha and IIFL Securities

Brokerage Zerodha IIFL Securities
Brokerage Plan Standard Plan iValue Brokerage
Subscription Charges Zero Zero
Equity Delivery Free 0.25% of Transaction Value
Equity Intraday Rs.20 per Trade or 0.03% (whichever is low) 0.025% of Transaction Value
Equity Future Rs.20 per Trade or 0.03% (whichever is low) 0.25% of Transaction Value
Equity Option Rs.20 per Trade Rs.25 per Lot
Commodity Future Rs.20 per Trade or 0.03% (whichever is Low) 0.25% of Transaction Value
Commodity Option Rs.20 per Trade Rs.25 per Lot
Currency Future Rs.20 per Trade or 0.03% (whichever is Low) 0.25% of Transaction Value
Currency Option Rs.20 per Trade Rs.25 per Lot

Zerodha vs IIFL Securities – Trading Platforms

Trading Platforms Zerodha IIFL Securities
Android App Zerodha Android App Link IIFL Securities Android App Link
iOS App Zerodha iOS App Link IIFL Securities iOS App Link
Web Trading Platform Zerodha Web Trading Link NA
Trading Terminal NA NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA Available
Bonds Investment Platform Available NA

Comparison of Zerodha and IIFL Securities – Trading Features

Trading Features Zerodha IIFL Securities
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No Yes
Global indices No No
Customised Recommendations No No
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Compare Zerodha vs IIFL Securities Offers

Offers Zerodha IIFL Securities
Free Account Opening No Yes
Free AMC No 1st Year Free
Free Brokerage Yes, Limited No
Flat Brokerage Yes No
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading Yes No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers 10% + 300 Points per Client Upto Rs.1000 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Zerodha vs IIFL Securities – Products Provided

Products Provided Zerodha IIFL Securities
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold No Yes

Zerodha vs IIFL Securities – Services Provided

Services Provided Zerodha IIFL Securities
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, Zerodha Varsity No
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Compare Zerodha and IIFL Securities Advisory

Advisory Zerodha IIFL Securities
Fundamental Reports Yes Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports Yes Yes
Technical Reports Yes Yes
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review Yes Yes
Relationship Manager No Yes
Robo Advisory Yes No

Comparison of Zerodha and IIFL Securities Exposure

Exposure Zerodha IIFL Securities
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Zerodha & IIFL Securities

Programs Zerodha IIFL Securities
Sub Broker Program Yes, Limited Yes
Partner Program Yes Yes
Referral Program Yes Yes

Zerodha vs IIFL Securities – Ratings by Finec

Ratings Zerodha IIFL Securities
Overall Rating 9.85 / 10 9.28 / 10
Customer Support 9.81 / 10 9.24 / 10
Technology 9.97 / 10 9.39 / 10
Charges 9.89 / 10 9.32 / 10
Products & Service 9.79 / 10 9.22 / 10
Experience 9.77 / 10 9.20 / 10

Compare Customer Support of Zerodha and IIFL Securities

Customer Support Zerodha IIFL Securities
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 080-47181888, 9513369973 022-40071000
Email Support renu.pd@zerodha.com cs@indiainfoline.com
Whatsapp Support NA 9892691696
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link Telegram Support Link
Branches / Offices NA Available

Comparison of Zerodha & IIFL Securities Complaints

Complaints Zerodha IIFL Securities
Total Complaints Lodged 339 240
Total Complaints Resolved 307 201
% of Resolved Complaints 90.56% 83.75%
Non Actionable Complaints 20 24
% of Non Actionable Complaints 5.90% 10.00%

Compare Demat Charges of Zerodha vs IIFL Securities

Demat Charges Zerodha IIFL Securities
Account Opening Charges Rs.200 – Rs.300 Free
Annual Maintenance Charges (AMC) Rs.300 per Year Rs.250 per Year (1st Year Free)

Zerodha vs IIFL Securities – Compare STT & CTT

STT & CTT Zerodha IIFL Securities
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.125% on buy, 0.0625% on sell 0.0625% on sell (on premium)
Commodity Future 0.01% on sell 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Zerodha and IIFL Securities

Stamp Duty Zerodha IIFL Securities
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Zerodha vs IIFL Securities – Transaction Charges

Transaction Charges Zerodha IIFL Securities
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.05% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00025% (BSE) 0.0009% (NSE) & 0.00022% (BSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.037% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Zerodha & IIFL Securities

Pledge Charges Zerodha IIFL Securities
Pledge Creation Charges Rs.30 per Request Rs.25 per Request
Pledge Invocation Charges Nil Rs.25 per Request
Interest on Margin Trading 0.05% per day 0.073% per day

Comparison of Zerodha and IIFL Securities – Hidden Charge

Hidden Charge Zerodha IIFL Securities
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip on Sell Rs.20 per Scrip only on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Rs.25 Rs.150
Reactivation Charges Rs.20 Rs.100
Dematerialisation Charges Rs.30 per Certificate Rs.18 per Certificate
Call & Trade Charges Rs.50 per Trade Rs.50 per Trade

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