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IIFL Securities Vs Geojit Vs Upstox: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Upstox ranges between Rs 20. The broker IIFL Securities and Geojit are full service brokers where Upstox is a discount broker. Overall rating for IIFL Securities is 4, Geojit is rated 4, Upstox is rated 4.5 out of 5.

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

Compare IIFL Securities vs Geojit vs Upstox on Service

  IIFL Securities Compare
IIFL Securities
Geojit Compare
Geojit
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service 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 Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

Compare IIFL Securities vs Geojit vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Geojit vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Geojit offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Geojit vs Upstox
Charges IIFL Securities Geojit Upstox
Trading Account Opening Fees Free Free Promotion offer: Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 700 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Geojit vs Upstox on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Geojit vs Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Geojit vs Upstox on Plan Options
Plan Types IIFL Securities Geojit Upstox
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha Upstox
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Geojit vs Upstoxon Brokerage Charges

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

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare IIFL Securities vs Geojit vs Upstox
Brokerage Charges Compare IIFL Securities Geojit Upstox
Plan Name IIFL iSERVE Brokerage Plan Online Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Rs 20 per order 0.30% or 30 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs 20 per order 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order 0.01% 0.05% or Rs 20 whichever is lower
Equity Options Flat Rs 20 per order Rs 50 Per Lot Flat Fee Rs 20
Currency Futures Flat Rs 20 per order 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Currency Options Flat Rs 20 per order Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading Flat Rs 20 per order 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 20
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA NA
Call & Trade Charges Rs 50 Per Call + GST Free Rs 50 + 18% GST
Auto Square off Charges Rs 50 Per Call + GST Free Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Geojit Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare IIFL Securities vs Geojit vs Upstox on Transaction Charges

Compare IIFL Securities vs Geojit vs Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Geojit vs Upstox
Transaction Charges Compare IIFL Securities Geojit Upstox
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 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 geojit Complete Brokerage Plans for upstox
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Account Features

Compare IIFL Securities vs Geojit vs Upstox on Account Features

Compare IIFL Securities vs Geojit vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where IIFL Securities and Geojit offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities and Geojit offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - IIFL Securities vs Geojit vs Upstox
Account Features Compare IIFL Securities Geojit Upstox
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. Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare IIFL Securities vs Geojit vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Geojit vs Upstox. 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 Geojit vs Upstox
Trading Platform Compare IIFL Securities Geojit Upstox
Desktop Trading Platform IIFL Trader terminal SELFIE Platinum Upstox Pro
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://selfie.geojit.net/

https://pro.upstox.com/

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 SELFIE Geojit Upstox
Mobile Trading App Demo IIFL Markets Demo SELFIE Geojit Demo Upstox Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS IIFL Markets Download iOS SELFIE Geojit Download iOS Upstox Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No 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 Geojit Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Geojit Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for geojit Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare IIFL Securities vs Geojit vs Upstox on User Rating

  IIFL Securities Geojit Upstox
  82 Customer Reviews    Rate IIFL Securities 79 Customer Reviews    Rate Geojit 12 Customer Reviews    Rate Upstox
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare IIFL Securities vs Geojit vs Upstox on Investment Offerings

Compare IIFL Securities vs Geojit vs Upstox 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 and Geojit offers PMS facility where Upstox doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs Geojit vs Upstox
Investment Offerings Compare IIFL Securities Geojit Upstox
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 No
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 Yes Yes
PMS Service Yes Yes No
Other Investment Options NIL Insurance NIL
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Order Types

Compare IIFL Securities vs Geojit vs Upstox on Order Types

Order Type - Compare IIFL Securities vs Geojit vs Upstox 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) - IIFL Securities and Upstox provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Upstox provides Bracket Orders (BO) facility where IIFL Securities and Geojit 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

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

Compare IIFL Securities vs Geojit vs Upstox on Customer Service

Compare IIFL Securities vs Geojit vs Upstox 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 Geojit vs Upstox
Customer Service Compare IIFL Securities Geojit Upstox
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 1800-425-5501/1800-103-5501/91-484-2405822 +91 22 6130 9999
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://insights.geojit.com/ https://upstox.com/help-center/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website https://www.indiainfoline.com/ https://www.geojit.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs Geojit vs Upstox on Research Reports, Tips

Compare IIFL Securities vs Geojit vs Upstox on research reports and tips provided by broker.

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

Compare IIFL Securities vs Geojit vs Upstox on Demat Account

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

Demat Charges - Compare IIFL Securities vs Geojit vs Upstox
  IIFL Securities Geojit Upstox
DP Source CDSL CDSL CDSL
DP ID 44700 48900 81800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹600 pa ₹300 PA
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.02% of transaction value (Max ₹40) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹15 per certificate + ₹40 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹20 + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹50 ₹50 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Nil Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation Nil ₹50 per transaction 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Geojit vs Upstox on Special Offers and Promotion

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

Compare IIFL Securities vs Geojit vs Upstox on Special Offers and Promotion
  IIFL Securities Geojit Upstox
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 SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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. Upto 24 Hrs except Bank Holidays. Max 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. Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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 and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for IIFL Securities Enquire for Geojit Enquire for Upstox

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