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The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Upstox ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker Upstox and Alice Blue are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Upstox is rated 4.5, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of IIFL Securities vs Upstox 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 Upstox 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 Upstox vs Alice Blue in this setion with 360 degree view of broker information.
 IIFL Securities |
 Upstox |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, 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,...  |
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. | 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. |
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In this section we have compared IIFL Securities vs Upstox vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Alice Blue 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, Upstox charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.
| Charges | IIFL Securities | Upstox | Alice Blue |
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| Trading Account Opening Fees | Free | Promotion offer: 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 |
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Plans are the most important feature you look when compare IIFL Securities vs Upstox 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 Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | IIFL Securities | Upstox | Alice Blue |
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| Multiple Plans |  |
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IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
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 | Upstox | Alice Blue |
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| Plan Name | IIFL iSERVE Brokerage Plan | Max Rs 20 Per Order Trading Plan | F15 Plan |
| Equity Delivery | Flat Rs 20 per order | 2.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | Flat Rs 20 per order | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Futures | Flat Rs 20 per order | 0.05% 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 | 0.05% 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 | Info Not Available | |
| Funding | Yes - 18% interest PA | Info Not Available | Yes - 24% interest PA |
| Call & Trade Charges | Rs 50 Per Call + GST | Rs 50 + 18% GST | Rs 50 per order + GST |
| Auto Square off Charges | Rs 50 Per Call + GST | Rs 50 + 18% GST | Rs 50 per order + GST |
| Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Upstox | Brokerage Calculator for Alice Blue |
Compare IIFL Securities vs Upstox vs Alice Blue on transaction charges and PCM fee by segment.
| Transaction Charges Compare | IIFL Securities | Upstox | Alice Blue |
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| 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 360 Per Cr | Agri: Rs 275 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 upstox | Complete Brokerage Plans for alice-blue |
Compare IIFL Securities vs Upstox vs Alice Blue 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 Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Upstox offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - IIFL Securities and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.
| Account Features Compare | IIFL Securities | Upstox | Alice Blue |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Upstox 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 | Upstox | Alice Blue |
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| Desktop Trading Platform | IIFL Trader terminal | Upstox Pro | ANT - Analyse and Trade |
| Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
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| Web Trading Detail |
https://ttweb.indiainfoline.com |
https://pro.upstox.com/ |
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| Web Trading Demo | Info Not Available | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | IIFL Markets | Upstox | ANT Mobile |
| Mobile Trading App Demo | IIFL Markets Demo | Upstox Demo | ANT Mobile Demo |
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| Android App Download | Andriod IIFL Markets Download | Andriod Upstox Download | Andriod Download |
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| iOS App Download | iOS IIFL Markets Download | iOS Upstox Download | iOS ANT Mobile Download |
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| 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 Upstox | Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
| Futures Brokerage Calculator | Futures Brokerage Calculator for IIFL Securities | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for Alice Blue |
| Options Brokerage Calculator | Options Brokerage Calculator for IIFL Securities | Options Brokerage Calculator for Upstox | Options Brokerage Calculator for Alice Blue |
| Detail | Detail on Trading Platforms for iifl-securities | Detail on Trading Platforms for upstox | Detail on Trading Platforms for alice-blue |
| IIFL Securities | Upstox | Alice Blue | ||
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82 Customer Reviews
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12 Customer Reviews
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8 Customer Reviews
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| Fees Ratings | ||||
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| Overall Ratings | ||||
| Broker Rating | IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews | Alice Blue is Rated 2.1 / 5 based on 8 customer reviews |
Compare IIFL Securities vs Upstox 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 Upstox and Alice Blue doesn't offers PMS facility.
| Investment Offerings Compare | IIFL Securities | Upstox | Alice Blue |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare IIFL Securities vs Upstox 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) - Upstox 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 Upstox offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.
| Order Type Compare | IIFL Securities | Upstox | Alice Blue |
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Compare IIFL Securities vs Upstox 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 Service Compare | IIFL Securities | Upstox | Alice Blue |
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| 24/7 Customer Service | |
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| Customer Care Number | 022-40071000 | +91 22 6130 9999 | 08035215000/080-45490850 |
| 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://upstox.com/help-center/ | 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 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
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://upstox.com/ | https://www.aliceblueonline.com |
Compare IIFL Securities vs Upstox vs Alice Blue on research reports and tips provided by broker.
| IIFL Securities | Upstox | Alice Blue | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare IIFL Securities vs Upstox vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
| IIFL Securities | Upstox | Alice Blue | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 44700 | 81800 | 83500 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹300 PA | ₹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) | ₹13 + ₹5.50 CDSL charges | 0.04% of the value of the transaction |
| Demat | ₹15 per certificate + ₹40 courier charges | ₹20 + ₹50 courier charges | ₹10 per certificate + ₹50 courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹30 per certificate + CDSL charges |
| Pledge Creation | ₹50 | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Creation Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Closure | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Closure Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Invocation | Nil | 0.05% of the transaction value (Min ₹50) | ₹20 + CDSL charges |
| Failed Instruction Charges | Nil | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare IIFL Securities vs Upstox vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| IIFL Securities | Upstox | Alice Blue | |
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| 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-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. | Max 24 hrs except 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. | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. | 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 |
HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232 |
| Likes |
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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There are some setbacks or disadvantages also while trading with Upstox;
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| 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 Upstox | Enquire for Alice Blue |
Last Updated on 2023-09-14T04:42:55+00:00
