IIFL vs 5Paisa – Compare Brokerage Charges & Reviews | Low Cost Stock Brokers in India | Discover Broker

5Paisa

VS

IIFL

Background Services
Type of Broker Discount Broker Full Service
Founded 2016 1995
Active Clients 1,06,280 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits.
Depository CDSL & NSDL CDSL
Advisory / Research tips
Advisory No Yes
Charges
Account Opening Charges
Trading Account Rs. 650 for Trading account + Rs. 250 for Mutual Fund Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 0 Free for 5 years, 6th year onwards 400 + GST
Demat Account Rs. 400 Free for 5 years, 6th year onwards 400 + GST
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 10 per order 0.50% on turnover
Equity Intraday Rs. 10 per order 0.05% on turnover
Equity Futures Rs. 10 per order 0.05% on turnover
Currency Futures Rs. 10 per order 0.05% on turnover
Commodity Futures Rs. 10 per order -
Equity Options Rs. 10 per order 1% on premium or Rs.100 per lot
Currency Options Rs. 10 per order -
Commodity Options Rs. 10 per order -
Technology
Trading Platform TradeStation Exe. IIFL Trader Terminal.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) 10+ Days -
EOD Data (Days) 2555+ Days (5 Years) -
Leverages
Equity Delivery 4x on turnover (Valid till 90 days at 18% p.a interest) 5x on turnover
Intraday
Equity Spot 15x on turnover 10 - 15x on turnover
Equity Futures and Options Futures - 3.5x on ESM
Options short - 3.5x on ESM
Option Writing - 10X on ESM on expiry day
Option Writing - 5X on ESM on other days
10 - 12x on ESM
Currency Futures and Options Futures - 3x on ESM
Options short - 3x on ESM
10 - 12x on ESM
Commodity Futures and Options 2x on ESM only for current month expiry 10 - 12x on ESM
Intraday with BO & CO
Equity Spot 20x on turnover No leverage
Equity Futures and Options 3.5x on ESM No leverage
Currency Futures and Options 3x on ESM No leverage
Commodity Futures and Options 2x on ESM only for current month expiry No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat No Yes
Relationship Manager No Yes




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