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

 


Compare more Stock Brokers:

Compare Stock Brokers


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

Overview Zerodha IIFL
Company Type Private Public
Broker Type Discount Broker Full Service Broker
Headquarters Bangalore, India Mumbai, India
Founder Nithin Kamath Nirmal Jain
Established Year 2010 1995

Zerodha vs IIFL Customer Ratings Comparison

Customer Ratings Zerodha IIFL
Experience 5.7/10 8.0/10
Products & Services 8.5/10 8.0/10
Brokerage Charges & Fees 9.5/10 6.3/10
Stock Research & Advisory 4.0/10 6.5/10
Trading Platforms 9.0/10 7.0/10
Overall Ratings 7.4/10 7.1/10
Star Ratings ★★★★★ ★★★★☆
Total Client Reviews 1865 293

Zerodha vs India Infoline Demat Account Comparison

Demat Services Zerodha IIFL
Depository Source CDSL NSDL & CDSL
Account Opening Charges Rs.300 Rs.1300
Demat AMC Charges Rs.300 per Annum Free or Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.25,000
Offline to Online No Yes

IIFL vs Zerodha Brokerage Charges Comparison

Brokerage Charge & Fees Zerodha IIFL
Equity Delivery Trading Zero 0.50%
Equity Intraday Trading Rs.20 0.05%
Commodity Options Trading Rs.20 0.05%
Equity Futures Trading Rs.20 0.05%
Equity Options Trading Rs.20 per Lot Rs.100 per Lot or 1% of Premium (Takes higher Amount)
Currency Futures Trading Rs.20 0.05%
Currency Options Trading Rs.20 per Lot Rs.100 per Lot or 1% of Premium (Takes higher Amount)
Minimum Brokerage Zero Rs.0.05 per Share
Demat AMC Charges Rs.300 per Annum Free or Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.25,000
Brokerage Calculator Zerodha Brokerage Calculator IIFL Brokerage Calculator

India Infoline & Zerodha Other Charges Comparison

Other Charges Zerodha IIFL
Transaction Charges 0.00325% of Total Turnover 0.00325% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare IIFL & Zerodha Offers

Offers Zerodha IIFL
Free Demat Account S R
Free Trading Account S S
Discount on Brokerage R S
Trading Happy Hours S S
Flexible Brokerage Plans S R
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Zerodha vs IIFL

Services Zerodha IIFL
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations S R
Robo Advisory S S
PMS S R
Trading Institution S S
Trading Exposure Upto 28x Upto 10x

Compare IIFL & Zerodha Research & Advisory

Research & Advisory Zerodha IIFL
Fundamental Reports S R
Research Reports S R
Company Reports S R
Annual Reports S R
Company Stock Review S R
Free Stock Tips S R
IPO Reports S R
Top Picks S R
Daily Market Review S R
Monthly Reports S R
Weekly Reports S R
Offline Advisory S R
Relationship Manager S R

Zerodha vs IIFL Exposure/Leverage

Exposure / Leverage Zerodha IIFL
Equity Delivery Upto 20x Upto 5x
Equity Intraday Upto 28x Upto 10x
Equity Futures Upto 15x Upto 7x
Equity Options Upto 8x Upto 5x
Currency Futures Upto 12x Upto 8x
Currency Options Upto 8x Upto 5x
Commodities Upto 17x Upto 8x

Zerodha vs IIFL Product Comparison

Products Zerodha IIFL
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds S R
Forex S R
Banking S S
SIP S R
Insurance S S

Zerodha vs IIFL Trading Platform Comparison

Trading Platforms Zerodha IIFL
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

Zerodha vs IIFL Customer Support

Customer Support Zerodha IIFL
Dedicated Dealer S R
Offline Trading S S
Online Trading R R
24*7 Support R S
Support Number 080-40402020 1800 3000 1155
Email Support R R
Chat Support R R
Toll Free Number S 1800 3000 1155
Branches Zero 120

Zerodha vs IIFL Customer Complaints

Complaints (Current Year) Zerodha IIFL
Lodged in BSE 120 145
Resolved in BSE 117 122
Lodged in NSE 89 214
Resolved in NSE 85 212

 


Compare Zerodha with other Brokers & IIFL with other Brokers:

Zerodha vs 5Paisa IIFL vs Ventura Securities
Zerodha vs Upstox IIFL vs SAMCO
Zerodha vs Karvy IIFL vs Bonanza Portfolio
Zerodha vs SAMCO IIFL vs HDFC Securities
Zerodha vs SBI Cap Securities IIFL vs Edelweiss
Zerodha vs Anand Rathi IIFL vs Motilal Oswal
Zerodha vs ICICI Direct IIFL vs ICICI Direct
Zerodha vs Edelweiss IIFL vs Kotak Securities
Zerodha vs Motilal Oswal IIFL vs Angel Broking
Zerodha vs Sharekhan IIFL vs Sharekhan

Open Demat Account with your Favorite Broker

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Featured Topics:

Best Discount Broker in India
Best Full Service Broker in India
Best Stock Broker in India
Best Intraday Trading Brokers in India
Best Demat Account
Brokerage Calculator
Top 10 Sub Broker Partner in India
Sub Broker Franchise
Broking Franchisee

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account