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IIFL Securities Vs 5paisa Vs Zerodha: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of 5paisa ranges between Rs 20, while the brokerage of Zerodha ranges between Rs 20. The broker 5paisa and Zerodha are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, 5paisa is rated 4, Zerodha is rated 4.5 out of 5.

Here we present side-by-side comparison of IIFL Securities vs 5paisa vs Zerodha stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs 5paisa vs Zerodha on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs 5paisa vs Zerodha in this setion with 360 degree view of broker information.

Compare IIFL Securities vs 5paisa vs Zerodha on Service

  IIFL Securities Compare
IIFL Securities
5paisa Compare
5paisa
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
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 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...Know more about 5paisa Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
Broker Enquiry Request call back from IIFL Securities Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

Compare IIFL Securities vs 5paisa vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs 5paisa vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, 5paisa charges Rs 300 PA AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs 5paisa vs Zerodha
Charges IIFL Securities 5paisa Zerodha
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs 5paisa vs Zerodha on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs 5paisa vs Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa offers Multiple Plans where IIFL Securities and Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs 5paisa vs Zerodha on Plan Options
Plan Types IIFL Securities 5paisa Zerodha
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities 5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs 5paisa vs Zerodhaon Brokerage Charges

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

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare IIFL Securities vs 5paisa vs Zerodha
Brokerage Charges Compare IIFL Securities 5paisa Zerodha
Plan Name IIFL iSERVE Brokerage Plan Basic Plan Max Rs 20 per order Trading Plan
Equity Delivery Flat Rs 20 per order Flat Fee Rs 20 Free
Equity Intraday Flat Rs 20 per order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs 20 per order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA NA
Call & Trade Charges Rs 50 Per Call + GST Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Auto Square off Charges Rs 50 Per Call + GST Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for 5paisa Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare IIFL Securities vs 5paisa vs Zerodha on Transaction Charges

Compare IIFL Securities vs 5paisa vs Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs 5paisa vs Zerodha
Transaction Charges Compare IIFL Securities 5paisa Zerodha
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for 5paisa Complete Brokerage Plans for zerodha
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Account Features

Compare IIFL Securities vs 5paisa vs Zerodha on Account Features

Compare IIFL Securities vs 5paisa vs Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and 5paisa offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - IIFL Securities and Zerodha offers NRI Trading where 5paisa doesn't offers NRI Trading.

Account Features - IIFL Securities vs 5paisa vs Zerodha
Account Features Compare IIFL Securities 5paisa Zerodha
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. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:20 PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare IIFL Securities vs 5paisa vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs 5paisa vs Zerodha. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities vs 5paisa vs Zerodha
Trading Platform Compare IIFL Securities 5paisa Zerodha
Desktop Trading Platform IIFL Trader terminal 5paisaTradeStation NA
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://www.5paisa.com/online-trading

Zerodha Kite Web

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets 5paisa Mobile App Zerodha Kite App
Mobile Trading App Demo IIFL Markets Demo 5paisa Mobile App Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod 5paisa Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS 5paisa Mobile App Download iOS Zerodha Kite App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for 5paisa Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare IIFL Securities vs 5paisa vs Zerodha on User Rating

  IIFL Securities 5paisa Zerodha
  82 Customer Reviews    Rate IIFL Securities 27 Customer Reviews    Rate 5paisa 160 Customer Reviews    Rate Zerodha
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews 5paisa is Rated 3.2 / 5 based on 27 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare IIFL Securities vs 5paisa vs Zerodha on Investment Offerings

Compare IIFL Securities vs 5paisa vs Zerodha 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where 5paisa and Zerodha doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs 5paisa vs Zerodha
Investment Offerings Compare IIFL Securities 5paisa Zerodha
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No Yes
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare IIFL Securities vs 5paisa vs Zerodha on Order Types

Order Type - Compare IIFL Securities vs 5paisa vs Zerodha on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provides Bracket Orders (BO) facility where IIFL Securities and Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - IIFL Securities and Zerodha offers Good Till Cancelled (GTC) orders facility where 5paisa doesn't provides GTC.

Order Types - Compare IIFL Securities vs 5paisa vs Zerodha
Order Type Compare IIFL Securities 5paisa Zerodha
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes No Yes
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Customer Service Offered

Compare IIFL Securities vs 5paisa vs Zerodha on Customer Service

Compare IIFL Securities vs 5paisa vs Zerodha on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs 5paisa vs Zerodha
Customer Service Compare IIFL Securities 5paisa Zerodha
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 022-40071000 +91 89766 89766 "+ 91 80 4040 2020"
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.5paisa.com/knowledge-centre https://zerodha.com/varsity/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://www.indiainfoline.com/ https://www.5paisa.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs 5paisa vs Zerodha on Research Reports, Tips

Compare IIFL Securities vs 5paisa vs Zerodha on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs 5paisa vs Zerodha
  IIFL Securities 5paisa Zerodha
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes No No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes No No
News Alerts Yes Yes No
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Demat Account

Compare IIFL Securities vs 5paisa vs Zerodha on Demat Account

Compare IIFL Securities vs 5paisa vs Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs 5paisa vs Zerodha
  IIFL Securities 5paisa Zerodha
DP Source CDSL CDSL CDSL
DP ID 44700 82500 81600
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa ₹300 pa
Advance Deposit Nil NIL Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12.50 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹15 per certificate + ₹40 courier charges ₹15 per certificate ₹150 per certificate + ₹100 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹50 ₹12.50 per script ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure Nil ₹12.50 per script ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation Nil NIL ₹20
Failed Instruction Charges Nil Nil ₹50 per instraction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs 5paisa vs Zerodha on Special Offers and Promotion

Compare IIFL Securities vs 5paisa vs Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs 5paisa vs Zerodha on Special Offers and Promotion
  IIFL Securities 5paisa Zerodha
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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
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 Max 24 hrs except for bank holidays
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
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Last Updated on 2023-09-14T04:42:55+00:00