FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Upstox ranges between Rs 20. The broker Zerodha and Upstox are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Zerodha is rated 4.5, Upstox is rated 4.5 out of 5.
Here we present side-by-side comparison of IIFL Securities vs Zerodha 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 Zerodha 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 Zerodha vs Upstox in this setion with 360 degree view of broker information.
In this section we have compared IIFL Securities vs Zerodha vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Zerodha 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, Zerodha charges Rs 300 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.
Charges | IIFL Securities | Zerodha | 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 300 PA | Free |
Provide DP Service |
Plans are the most important feature you look when compare IIFL Securities vs Zerodha 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.
Plan Types | IIFL Securities | Zerodha | Upstox |
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Multiple Plans | |||
Monthly Plans | |||
Yearly Plans |
IIFL Securities | Zerodha | Upstox | |
---|---|---|---|
Account Opening Request |
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
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.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
Brokerage Charges Compare | IIFL Securities | Zerodha | Upstox |
---|---|---|---|
Plan Name | IIFL iSERVE Brokerage Plan | Max Rs 20 per order Trading Plan | Max Rs 20 Per Order Trading Plan |
Equity Delivery | Flat Rs 20 per order | Free | 2.5% or Rs 20 whichever is lower |
Equity Intraday | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
Equity Futures | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | 0.05% 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 | 0.03% or Rs 20 whichever is lower | 0.05% 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 | NIL | ||
Hidden Charges | Info Not Available | No | |
Funding | Yes - 18% interest PA | Info Not Available | NA |
Call & Trade Charges | Rs 50 Per Call + GST | Rs 50 Per Executable Order | Rs 50 + 18% GST |
Auto Square off Charges | Rs 50 Per Call + GST | Rs 50 Per Executable Order | Rs 50 + 18% GST |
Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Zerodha | Brokerage Calculator for Upstox |
Compare IIFL Securities vs Zerodha vs Upstox on transaction charges and PCM fee by segment.
Transaction Charges Compare | IIFL Securities | Zerodha | 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 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 zerodha | Complete Brokerage Plans for upstox |
Compare IIFL Securities vs Zerodha 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 Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Upstox offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - IIFL Securities and Zerodha offers NRI Trading where Upstox doesn't offers NRI Trading.
Account Features Compare | IIFL Securities | Zerodha | Upstox |
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3 in 1 Account | |||
Charting | |||
Algo Trading | |||
SMS Alerts | |||
Online Demo | |||
Online Portfolio | |||
Margin Trading Funding Available | |||
Combined Ledger for Equity and Commodity | |||
Intraday Square-off Time | 3:15PM | 3:20 PM | 3:15PM |
NRI Trading | |||
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 Zerodha 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.
Compare IIFL Securities vs Zerodha 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 offers PMS facility where Zerodha and Upstox doesn't offers PMS facility.
Investment Offerings Compare | IIFL Securities | Zerodha | Upstox |
---|---|---|---|
Equity Cash and F&O | |||
Currency Deravitives | |||
Commodity | |||
Online IPO Application | |||
Mutual Funds | |||
Bond / NCD | |||
ETF | |||
Banking | |||
Insurance | |||
Forex | |||
MF SIP Investment | |||
Equity SIP Investment | |||
PMS Service | |||
Other Investment Options | NIL | NIL | NIL |
Order Type - Compare IIFL Securities vs Zerodha 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) - 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 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 - 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 Type Compare | IIFL Securities | Zerodha | Upstox |
---|---|---|---|
CNC order | |||
MIS order | |||
NRML order | |||
Cover order | |||
Bracket order | |||
AMO-After Market Orders | |||
GTC-Good Till Cancelled |
Compare IIFL Securities vs Zerodha 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 Service Compare | IIFL Securities | Zerodha | Upstox |
---|---|---|---|
24/7 Customer Service | |||
Email Support | |||
Onine Live Chat | |||
Phone Support | |||
Toll Free Number | |||
Through Branches | |||
Customer Care Number | 022-40071000 | "+ 91 80 4040 2020" | +91 22 6130 9999 |
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://zerodha.com/varsity/ | 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 |
Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Website | https://www.indiainfoline.com/ | https://zerodha.com/ | https://upstox.com/ |
Compare IIFL Securities vs Zerodha vs Upstox on research reports and tips provided by broker.
IIFL Securities | Zerodha | Upstox | |
---|---|---|---|
Research Mutual Funds | |||
Research Equity Reports | |||
Research ETF | |||
Daily Market Report | |||
Free Tips | |||
Quarterly Result Analysis | |||
News Alerts |
Compare IIFL Securities vs Zerodha vs Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details
IIFL Securities | Zerodha | Upstox | |
---|---|---|---|
DP Source | CDSL | CDSL | CDSL |
DP ID | 44700 | 81600 | 81800 |
Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹300 pa | ₹300 PA |
Advance Deposit | Nil | Nil | NIL |
Statutory charges | Nil | ₹50 | Nil |
Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹8 + ₹5.50 (CDSL Charges) per transaction | ₹13 + ₹5.50 CDSL charges |
Demat | ₹15 per certificate + ₹40 courier charges | ₹150 per certificate + ₹100 courier charges | ₹20 + ₹50 courier charges |
Remat | ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) |
Pledge Creation | ₹50 | ₹20 + ₹12 CSDL charges | 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 | ₹20 + ₹12 CSDL charges | 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 | ₹20 | 0.05% of the transaction value (Min ₹50) |
Failed Instruction Charges | Nil | ₹50 per instraction | ₹50 |
Other Charges | Nil | Nil | Nil |
Compare IIFL Securities vs Zerodha vs Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
IIFL Securities | Zerodha | 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite 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. | Max 24 hrs except for 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. | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | 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 |
HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Likes |
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You will enjoy many benefits or advantages while trading with Zerodha;
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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Dislikes |
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There are some setbacks or disadvantages also while trading with Upstox;
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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. | 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 Zerodha | Enquire for Upstox |
Last Updated on 2023-09-14T04:42:55+00:00