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IIFL Securities Vs SBICAP Securities Vs Fyers: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Fyers ranges between Rs 20. The broker IIFL Securities and SBICAP Securities are full service brokers where Fyers is a discount broker. Overall rating for IIFL Securities is 4, SBICAP Securities is rated 4, Fyers is rated 4 out of 5.

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

Compare IIFL Securities vs SBICAP Securities vs Fyers on Service

  IIFL Securities Compare
IIFL Securities
SBICAP Securities Compare
SBICAP Securities
Fyers Compare
Fyers
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 NSE, BSE BSE, NSE, 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 Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP 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
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs SBICAP Securities vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs SBICAP Securities vs Fyers
Charges IIFL Securities SBICAP Securities Fyers
Trading Account Opening Fees Free Rs 850 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 500 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs SBICAP Securities vs Fyers on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs SBICAP Securities vs Fyers. 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 SBICAP Securities vs Fyers on Plan Options
Plan Types IIFL Securities SBICAP Securities Fyers
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 Fyers
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs SBICAP Securities vs Fyerson Brokerage Charges

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

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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

Brokerage Charges - Compare IIFL Securities vs SBICAP Securities vs Fyers
Brokerage Charges Compare IIFL Securities SBICAP Securities Fyers
Plan Name IIFL iSERVE Brokerage Plan Standard or default brokerage plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Rs 20 per order 0.50% Free
Equity Intraday Flat Rs 20 per order 0.05% 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order 0.05% 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs 20 per order Rs 100 Per Lot Flat Fee Rs 20
Currency Futures Flat Rs 20 per order 0.03% 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs 20 per order Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading Flat Rs 20 per order Rs. 100 per lot Flat Fee Rs 20
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 24% interest PA No
Call & Trade Charges Rs 50 Per Call + GST Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 Per Order
Auto Square off Charges Rs 50 Per Call + GST First Free 30 per month, after Rs 10 per square-off Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for SBICAP Securities Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare IIFL Securities vs SBICAP Securities vs Fyers on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs SBICAP Securities vs Fyers
Transaction Charges Compare IIFL Securities SBICAP Securities Fyers
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 NA
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for fyers
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Account Features

Compare IIFL Securities vs SBICAP Securities vs Fyers on Account Features

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

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

Compare IIFL Securities vs SBICAP Securities vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs SBICAP Securities vs Fyers. 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 SBICAP Securities vs Fyers
Trading Platform Compare IIFL Securities SBICAP Securities Fyers
Desktop Trading Platform IIFL Trader terminal SBISMART XPRESS - NextTrader Fyers One
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
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

https://login1.sbismart.com/nidp/app/login

Fyers Web

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

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Broker Ratings by Users

Compare IIFL Securities vs SBICAP Securities vs Fyers on User Rating

  IIFL Securities SBICAP Securities Fyers
  82 Customer Reviews    Rate IIFL Securities 78 Customer Reviews    Rate SBICAP Securities 10 Customer Reviews    Rate Fyers
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 SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare IIFL Securities vs SBICAP Securities vs Fyers on Investment Offerings

Compare IIFL Securities vs SBICAP Securities vs Fyers 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 - IIFL Securities and Fyers offers Commodity Trading where SBICAP Securities doesn't 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 SBICAP Securities and Fyers doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs SBICAP Securities vs Fyers
Investment Offerings Compare IIFL Securities SBICAP Securities Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes Yes 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 SBICAP Securities vs Fyers on Order Types

Order Type - Compare IIFL Securities vs SBICAP Securities vs Fyers 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) - SBICAP Securities and Fyers 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 - 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 SBICAP Securities vs Fyers
Order Type Compare IIFL Securities SBICAP Securities Fyers
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 Yes
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Customer Service Offered

Compare IIFL Securities vs SBICAP Securities vs Fyers on Customer Service

Compare IIFL Securities vs SBICAP Securities vs Fyers 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 SBICAP Securities vs Fyers
Customer Service Compare IIFL Securities SBICAP Securities Fyers
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 Yes No
Through Branches Yes Yes No
Customer Care Number 022-40071000 022 6854 5555 08060001111
Account Opening Process Online/Paperless Offline 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.sbismart.com/education https://fyers.in/school-of-stocks/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.indiainfoline.com/ https://www.sbismart.com https://fyers.in/
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Tips/Research/Reports Published

Compare IIFL Securities vs SBICAP Securities vs Fyers on Research Reports, Tips

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

Research Reports - Compare IIFL Securities vs SBICAP Securities vs Fyers
  IIFL Securities SBICAP Securities Fyers
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 Yes
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Demat Account

Compare IIFL Securities vs SBICAP Securities vs Fyers on Demat Account

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

Demat Charges - Compare IIFL Securities vs SBICAP Securities vs Fyers
  IIFL Securities SBICAP Securities Fyers
DP Source CDSL CDSL CDSL
DP ID 44700 19300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹500 Free
Advance Deposit Nil 0 for all Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹15 per certificate + ₹40 courier charges ₹5 per certificate + ₹35 courier charges ₹0
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹35 per certificate + CDSL Charges ₹0
Pledge Creation ₹50 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Failed Instruction Charges Nil ₹10 Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs SBICAP Securities vs Fyers on Special Offers and Promotion

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

Compare IIFL Securities vs SBICAP Securities vs Fyers on Special Offers and Promotion
  IIFL Securities SBICAP Securities Fyers
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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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
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. Up to 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. Direct to SBI Bank. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Direct to SBI bank account Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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...

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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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...

Special Offers/Promo
Enquire for IIFL Securities Enquire for SBICAP Securities Enquire for Fyers

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