Background Services |
Type of Broker |
Full Service |
Full Service |
Founded |
1995 |
1995 |
Active Clients |
1,05,981 |
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 |
NSDL & CDSL |
CDSL |
Advisory / Research tips |
Advisory |
Yes |
Yes |
Charges |
Account Opening Charges |
|
|
Trading Account |
Rs. 0 |
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. 0 |
Free for 5 years, 6th year onwards 400 + GST |
Commodity Account |
Rs. 0 |
Rs. 0 |
Brokerage Charges |
|
|
Equity Delivery |
0.3% on turnover |
0.50% on turnover |
Equity Intraday |
0.03% on turnover |
0.05% on turnover |
Equity Futures |
Rs. 60 per lot |
0.05% on turnover |
Currency Futures |
Rs. 10 per lot |
0.05% on turnover |
Commodity Futures |
0.03% on turnover |
- |
Equity Options |
Rs. 60 per lot |
1% on premium or Rs.100 per lot |
Currency Options |
Rs. 10 per lot |
- |
Commodity Options |
0.03% on turnover |
- |
Technology |
Trading Platform |
Odin. |
IIFL Trader Terminal. |
Features |
|
|
Shortcut Keys |
Yes |
Yes |
Heat Map |
Yes |
Yes |
Charting |
Yes |
Yes |
Intraday Data (Days) |
- |
- |
EOD Data (Days) |
- |
- |
Leverages |
Equity Delivery |
3 - 4x on turnover |
5x on turnover |
Intraday |
|
|
Equity Spot |
10x on turnover |
10 - 15x on turnover |
Equity Futures and Options |
3 - 4x on ESM |
10 - 12x on ESM |
Currency Futures and Options |
3 - 4x on ESM |
10 - 12x on ESM |
Commodity Futures and Options |
No leverage |
10 - 12x on ESM |
Intraday with BO & CO |
|
|
Equity Spot |
10x on turnover |
No leverage |
Equity Futures and Options |
3 - 4x on ESM |
No leverage |
Currency Futures and Options |
3 - 4x on ESM |
No leverage |
Commodity Futures and Options |
No leverage |
No leverage |
Customer Support |
Phone |
Yes |
Yes |
Email |
Yes |
Yes |
Transaction Alerts |
Yes |
Yes |
Live Chat |
Yes |
Yes |
Relationship Manager |
Yes |
Yes |