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IIFL Securities Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of IIFL Securities ranges between Rs 20 while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for IIFL Securities is 4,44,044 where number of active customer for Indira Securities is 8,801. IIFL Securities is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of IIFL Securities vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IIFL Securities vs Indira Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IIFL Securities vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IIFL Securities vs Indira Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IIFL Securities vs Indira Securities on Service

  IIFL Securities Compare
IIFL Securities
Indira Securities Compare
Indira Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 4,44,044 8,801
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare IIFL Securities vs Indira Securities on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Indira Securities
Charges IIFL Securities Indira Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Indira Securities on Plan Options

Plans are the most important feature you look when compare IIFL Securities with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IIFL Securities with Indira Securities on Plan Options
Plan Types IIFL Securities Indira Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Indira Securities on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare IIFL Securities with Indira Securities
Brokerage Charges Compare IIFL Securities Indira Securities
Plan Name IIFL iSERVE Brokerage Plan Traditional Brokerage Plan
Equity Delivery Flat Rs 20 per order 0.10%
Equity Intraday Flat Rs 20 per order 0.01%
Equity Futures Flat Rs 20 per order 0.01%
Equity Options Flat Rs 20 per order Rs. 25 per lot (both side)
Currency Futures Flat Rs 20 per order Flat Fee Rs 20
Currency Options Flat Rs 20 per order Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading Flat Rs 20 per order Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage NIL NA
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Call + GST Free
Auto Square off Charges Rs 50 Per Call + GST Free
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare IIFL Securities vs Indira Securities on Transaction Charges

Compare IIFL Securities with Indira Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities with Indira Securities
Transaction Charges Compare IIFL Securities Indira Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for indira-securities
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Account Features

Compare IIFL Securities vs Indira Securities on Account Features

Compare IIFL Securities with Indira Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities offers Algo Trading where IIFL Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - IIFL Securities with Indira Securities
Account Features Compare IIFL Securities Indira Securities
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities and Indira Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities with Indira Securities
Trading Platform Compare IIFL Securities Indira Securities
Desktop Trading Platform IIFL Trader terminal ODIN Diet
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://ttweb.indiainfoline.com https://www.indiratrade.com/trade-online
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App IIFL Markets TradeInsta
Mobile Trading App Demo IIFL Markets Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IIFL Markets Download iOS TradeInsta Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for indira-securities

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Broker Ratings by Users

Compare IIFL Securities vs Indira Securities on User Rating

  IIFL Securities Indira Securities
  82 Customer Reviews    Rate IIFL Securities 1 Customer Reviews    Rate Indira Securities
Fees Ratings 3.1 2.0
Trading Brokerage Rating 2.9 4.0
Trading Platform Usability 3.4 2.0
Customer Service Ratings 2.9 2.0
Overall Ratings 2.8 3.0
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare IIFL Securities vs Indira Securities on Investment Offerings

Compare IIFL Securities with Indira Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - IIFL Securities provide PMS Service where Indira Securities doesn't offer

Investment Offerings - Compare IIFL Securities with Indira Securities
Investment Offerings Compare IIFL Securities Indira Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare IIFL Securities vs Indira Securities on Order Types

Order Type - Compare IIFL Securities with Indira Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Indira Securities provides Bracket Orders (BO) where IIFL Securities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare IIFL Securities with Indira Securities
Order Type Compare IIFL Securities Indira Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare IIFL Securities vs Indira Securities on Customer Service

Compare IIFL Securities with Indira Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IIFL Securities with Indira Securities
Customer Service Compare IIFL Securities Indira Securities
24/7 Customer Service IIFL Securities vs Indira Securities - 24x7 customer support Yes Yes
Email Support IIFL Securities vs Indira Securities - Email Support Yes Yes
Onine Live Chat IIFL Securities vs Indira Securities - Onine Live Chat Yes Yes
Phone Support IIFL Securities vs Indira Securities - Phone Support Yes Yes
Toll Free Number IIFL Securities vs Indira Securities - Toll Free Number Yes Yes
Through Branches IIFL Securities vs Indira Securities - Through Branches Yes Yes
Customer Care Number IIFL Securities vs Indira Securities - Customer Care Number 022-40071000 +91-(0)731-4797105/115/146
Account Opening Process IIFL Securities vs Indira Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email IIFL Securities vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IIFL Securities vs Indira Securities - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.indiratrade.com/blog
Head Office Address IIFL Securities vs Indira Securities - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website IIFL Securities vs Indira Securities - Company Website https://www.indiainfoline.com/ https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs Indira Securities on Research Reports, Tips

Compare IIFL Securities with Indira Securities on research reports and tips provided by the broker.

Research Reports - Compare IIFL Securities with Indira Securities
  IIFL Securities Indira Securities
Research Mutual Funds IIFL Securities vs Indira Securities - Research Mutual Funds Yes No
Research Equity Reports IIFL Securities vs Indira Securities - Research Equity Reports Yes Yes
Research ETF IIFL Securities vs Indira Securities - Research ETF Yes No
Daily Market Report IIFL Securities vs Indira Securities - Daily Market Report Yes Yes
Free Tips IIFL Securities vs Indira Securities - Free Tips Yes Yes
Quarterly Result Analysis IIFL Securities vs Indira Securities - Quarterly Results Yes Yes
News Alerts IIFL Securities vs Indira Securities - Yes Yes
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Demat Account

Compare IIFL Securities vs Indira Securities on Demat Account

Compare IIFL Securities with Indira Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Indira Securities is ₹450 pa (Second year onwards) where for IIFL Securities is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Indira Securities is ₹20 or 0.02% whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities with Indira Securities
  IIFL Securities Indira Securities
DP Source CDSL CDSL
DP ID IIFL Securities vs Indira Securities - DP ID 44700 752000
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹450 pa (Second year onwards)
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹20 or 0.02% whichever is higher
Demat ₹15 per certificate + ₹40 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹50 per RRN
Pledge Creation ₹50 ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹50 or 0.02% whichever is higher
Failed Instruction Charges Nil ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Indira Securities on Special Offers and Promotion

Compare IIFL Securities with Indira Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Indira Securities on Special Offers and Promotion
  IIFL Securities Indira Securities
Pay In and Pay Out Options IIFL Securities vs Indira Securities - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time IIFL Securities vs Indira Securities - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.

Max 24 hrs except bank holidays

Bank Supported and Charges IIFL Securities vs Indira Securities - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open IIFL Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:42:55+00:00