Zerodha vs IIFL – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Zerodha vs IIFL. IIFL or India Infoline is a well established full service broker with over 20 years of broking experience while zerodha is the fastest growing newbie discount broker. This comparison between two top brokers like IIFL & Zerodha will be extremely sharp.

Zerodha vs IIFL

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Zerodha & IIFL comparison will give a very detailed overview of which stock broker is suitable for you.


Now let’s Compare IIFL & Zerodha

Overview of Zerodha & IIFL

OverviewZerodhaIIFL
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaThane
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhNirmal Jain, R. Venkataraman
Established Year20101995

Zerodha vs IIFL Customer Ratings Comparison

Customer RatingsZerodhaIIFL
Experience8.7 / 108.8 / 10
Products & Services9.4 / 109.0 / 10
Brokerage Charges & Fees9.5 / 108.8 / 10
Stock Research & Advisory9.6 / 108.2 / 10
Trading Platforms8.5 / 108.9 / 10
Overall Ratings9.14 / 108.74 / 10
Star Ratings★★★★★★★★★★
Total Client Reviews58937218

Zerodha vs IIFL Demat Account Comparison

Demat ServicesZerodhaIIFL
Depository SourceCDSLNSDL & CDSL
Account Opening ChargesRs.200Rs 295
Demat AMC ChargesRs.300 per AnnumRs 0 (Free for 1st year)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineSR

IIFL vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaIIFL
Equity Delivery TradingRs 0 (Free)Rs 0 (Free)
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs 20 per order
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Minimum BrokerageZeroRs.0.05 per Share
Demat AMC ChargesRs.300 per AnnumRs 0 (Free for 1st year)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorIIFL Brokerage Calculator

IIFL & Zerodha Other Charges Comparison

Other ChargesZerodhaIIFL
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover ChargesRs 10 / Crore0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare IIFL & Zerodha Offers

OffersZerodhaIIFL
Free Demat AccountSS
Free Trading AccountSR
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs IIFL

ServicesZerodhaIIFL
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare IIFL & Zerodha Research & Advisory

Research & AdvisoryZerodhaIIFL
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs IIFL Exposure/Leverage

Exposure / LeverageZerodhaIIFL
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorIIFL Margin Calculator

Zerodha vs IIFL Product Comparison

ProductsZerodhaIIFL
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSS
SIPRR
InsuranceSS

Zerodha vs IIFL Trading Platform Comparison

Trading PlatformsZerodhaIIFL
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

Zerodha vs IIFL Customer Support

Customer SupportZerodhaIIFL
Dedicated DealerSR
Offline TradingSS
Online TradingRR
24*7 SupportRR
Email SupportRR
Chat SupportRR
Toll Free NumberS1800 3000 1155
BranchesZero120

Zerodha vs IIFL Customer Complaints

Complaints (Current Year)ZerodhaIIFL
Lodged in BSE220145
Resolved in BSE217122
Lodged in NSE189214
Resolved in NSE185212

 


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