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IIFL Securities Vs Fyers Vs Alice Blue: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Fyers ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker Fyers and Alice Blue are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Fyers is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Fyers vs Alice Blue 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 Fyers vs Alice Blue 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 Fyers vs Alice Blue in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Fyers vs Alice Blue on Service

  IIFL Securities Compare
IIFL Securities
Fyers Compare
Fyers
Alice Blue Compare
Alice Blue
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 BSE, NSE, MCX, NCDEX
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 Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from IIFL Securities Request call back from Fyers Request call back from Alice Blue
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Account Opening Charges and AMC

Compare IIFL Securities vs Fyers vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Fyers vs Alice Blue 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, Fyers charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Fyers vs Alice Blue
Charges IIFL Securities Fyers Alice Blue
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) Free Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Fyers vs Alice Blue on Plan Options

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

Compare IIFL Securities vs Fyers vs Alice Blue on Plan Options
Plan Types IIFL Securities Fyers Alice Blue
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Fyers Alice Blue
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Fyers vs Alice Blueon Brokerage Charges

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

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare IIFL Securities vs Fyers vs Alice Blue
Brokerage Charges Compare IIFL Securities Fyers Alice Blue
Plan Name IIFL iSERVE Brokerage Plan Max Rs 20 Per Order Trading Plan F15 Plan
Equity Delivery Flat Rs 20 per order Free Free
Equity Intraday Flat Rs 20 per order 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures Flat Rs 20 per order 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Rs 20 per order 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NA
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA No Yes - 24% interest PA
Call & Trade Charges Rs 50 Per Call + GST Rs 50 Per Order Rs 50 per order + GST
Auto Square off Charges Rs 50 Per Call + GST Rs 50 Per Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Fyers Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare IIFL Securities vs Fyers vs Alice Blue on Transaction Charges

Compare IIFL Securities vs Fyers vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Fyers vs Alice Blue
Transaction Charges Compare IIFL Securities Fyers Alice Blue
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for fyers Complete Brokerage Plans for alice-blue
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Account Features

Compare IIFL Securities vs Fyers vs Alice Blue on Account Features

Compare IIFL Securities vs Fyers vs Alice Blue 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 offers margin funding where Fyers and Alice Blue doesn't offers margin funding. NRI Trading - IIFL Securities and Alice Blue offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - IIFL Securities vs Fyers vs Alice Blue
Account Features Compare IIFL Securities Fyers Alice Blue
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 Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes No No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:15 PM
NRI Trading Yes No Yes
Other Features NIL Fyers 30 Day Challenge NIL
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Trading Platform

Compare IIFL Securities vs Fyers vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Fyers vs Alice Blue. 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 Fyers vs Alice Blue
Trading Platform Compare IIFL Securities Fyers Alice Blue
Desktop Trading Platform IIFL Trader terminal Fyers One ANT - Analyse and Trade
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

Fyers Web

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets Fyers 2.0 Mobile App ANT Mobile
Mobile Trading App Demo IIFL Markets Demo Fyers 2.0 Mobile App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Fyers 2.0 Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS Fyers 2.0 Mobile App Download iOS ANT Mobile 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 Fyers Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Fyers Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for fyers Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare IIFL Securities vs Fyers vs Alice Blue on User Rating

  IIFL Securities Fyers Alice Blue
  82 Customer Reviews    Rate IIFL Securities 10 Customer Reviews    Rate Fyers 8 Customer Reviews    Rate Alice Blue
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 Fyers is Rated 3.2 / 5 based on 10 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare IIFL Securities vs Fyers vs Alice Blue on Investment Offerings

Compare IIFL Securities vs Fyers vs Alice Blue 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 Fyers and Alice Blue doesn't offers PMS facility.

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

Compare IIFL Securities vs Fyers vs Alice Blue on Order Types

Order Type - Compare IIFL Securities vs Fyers vs Alice Blue 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) - Fyers and Alice Blue provides Bracket Orders (BO) facility where IIFL Securities 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 Fyers offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

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

Compare IIFL Securities vs Fyers vs Alice Blue on Customer Service

Compare IIFL Securities vs Fyers vs Alice Blue 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 Fyers vs Alice Blue
Customer Service Compare IIFL Securities Fyers Alice Blue
24/7 Customer Service Yes No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 022-40071000 08060001111 08035215000/080-45490850
Account Opening Process Online/Paperless 100% online and paperless proc Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://fyers.in/school-of-stocks/ https://tradeschool.aliceblueonline.com/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.indiainfoline.com/ https://fyers.in/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare IIFL Securities vs Fyers vs Alice Blue on Research Reports, Tips

Compare IIFL Securities vs Fyers vs Alice Blue on research reports and tips provided by broker.

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

Compare IIFL Securities vs Fyers vs Alice Blue on Demat Account

Compare IIFL Securities vs Fyers vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Fyers vs Alice Blue
  IIFL Securities Fyers Alice Blue
DP Source CDSL CDSL CDSL
DP ID 44700 432-2019 83500
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free ₹400 pa
Advance Deposit Nil Nil Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹7 + ₹5.50 (CDSL Charges) per transaction 0.04% of the value of the transaction
Demat ₹15 per certificate + ₹40 courier charges ₹0 ₹10 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹0 ₹30 per certificate + CDSL charges
Pledge Creation ₹50 Nil ₹20 + CDSL charges
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil Nil ₹20 + CDSL charges
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil Nil ₹20 + CDSL charges
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Stamp Charges ₹50, Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Fyers vs Alice Blue on Special Offers and Promotion

Compare IIFL Securities vs Fyers vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Fyers vs Alice Blue on Special Offers and Promotion
  IIFL Securities Fyers Alice Blue
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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
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. Up to 24 Hrs except for Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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 on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo
Enquire for IIFL Securities Enquire for Fyers Enquire for Alice Blue

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