IFCI Financial Review, Brokerage Charges, Demat Account & more

IFCI Financial Services is registered with all the major depository services in India. It is also had IRDA, AMFI and SEBI registry. It is part of a parent company, IFCI Limited, a All India Financial Institution.

Currently they have more than 15 branches anal over India. The Broking house offers both Indian and NRI customer’s services.

IFCI Financial Services confirmed 7000 active customers. The individual customers also include entities with high net worth and non – resident Indians. The Stock Broker customers also include individuals, retail customers and businesses.

Ifci Financial offers

IFCI Financial Customer Ratings & Review

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆
Total Client Reviews 155


About IFCI Financial

Company Type Public
Broker Type Full Service Broker
Headquarters New Delhi, Delhi
Founder Emandi Sankara Rao
Established Year 1948

IFCI Financial

IFCI Financial Services Limited (IFIN) was promoted in 1948, by IFCI Limited as a full-service stockbroker. Emandi Sankara Rao is the founder of IFCI Financial Services.

They provide a wide range of financial products & services which involves stock broking, investment banking, mutual fund distribution & advisory, depository participant services and distribution of insurance products.

IFCI Financial Services are primarily involved in stock broking, investment banking, mutual fund distribution & advisory, depository participant services and distribution of insurance products.

Open Demat Account with IFCI Financial

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  1. Open Demat Account

IFCI Financial Brokerage Charges

Equity Delivery Trading 0.15%
Equity Intraday Trading 0.02%
Commodity Options Trading 0.02%
Equity Futures Trading 0.02%
Equity Options Trading Rs.15 per Lot
Currency Futures Trading 0.02%
Currency Options Trading Rs.10 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Free
Trading AMC Charges Free
Margin Money Minimum Rs.1,000
Brokerage Calculator IFCI Financial Brokerage Calculator

IFCI Financial Services is a full – service stockbroker charges its customers with the following brokerage charges. The brokerage is a percentage of your stock market business ‘ total turnover.

  • The charge of brokerage for intraday trading is 0.02% and 0.15% for delivery trading.
  • Brokerage for stock futures account for 0.02% of sales and for equity options is Rs 15 per lot.
  • Similarly, the brokerage for currency futures is 0.02% of the turnover and Rs 10 per lot for currency options.
  • Marginal amount of Rs 1000 is required to maintain in demat account.

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IFCI Financial Other Charges

Transaction Charges 0.00317%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

IFCI Financial levy few additional charges for trading for every trading market.

Transaction charges for every trading placed are 0.00317%. On total turnover they charge STT of 0.0126% and SEBI charges 0.0002%. GST of 18% over brokerage and transaction are charged.

The stamping duty is a certain amount of money imposed on the value of the transfer shares and thus the stamping rate varies between states.


IFCI Financial Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.229
Demat AMC Charges Free
Trading AMC Charges Free
Margin Money Minimum Rs.1,000
Offline to Online Yes
  • IFCI securities charge for account opening feefor trading is Rs 299.
  • The annual maintenance charges of demat and trading account are free of cost.
  • For trading minimum Rs 1000 is mandatory to maintain.

IFCI Financial Offers

Free Demat Account Yes
Free Trading Account Yes
Discount on Brokerage No
Trading Happy Hours No
Flexible Brokerage Plans No
1 Month Brokerage Free No
Holiday Offers Yes
Referral Offers Yes
Zero Brokerage for Loss Making Trades No

IFCI securities offers are listed below

  • The stock broker provides Demat Account and Trading Account free of cost.
  • Attracting reward like Holiday Offer and compensation amount for referral is provided.
  • Discount on brokerage or free 1 month brokerage or free brokerage for loss are not allocated.

To know about offers of other stock brokers check below

Integrated Enterprises Karuna Finance Mangal Keshav Securities HEM Securities
Intime Equities Kaynet Finance Mansukh Securities HSE Securities
Inventure Growth Khandwala Securities Manubhai Mangaldas IFCI Financial

How to Open a Demat Account with IFCI Financial?

Find below the demat account opening process:

  • To start trading in financial markets, you need to be registered with the IFCI securities.
  • Firstly, you have to fill up the form provided below
  • You are expected to provide the documentation to establish your identity and address by submitting the duly filled in account opening form.
  • At the end of this step, either a telephone call or representative visit will be used for a checking process.

Why Open IFCI Financial Trading Account?

Here are some of the positives of using the trading account of IFCI Broking House:

  • A highly skilled and highly qualified research and consulting team with a good return rate.
  • There is an equal pricing structure to industry and competitors.
  • There have been advanced and comprehensive trading platforms.
  • The parent company is a secure financial market player.

Get a Call back from IFCI Financial

Fill Your Details Here
  1. Open Demat Account

IFCI Financial Products & Services

Here are the list of Products & Services provided by IFCI Financial:

Products Offered by IFCI Financial:

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds Yes
Forex No
Banking No
Insurance No
  • The broking house mainly offers equity, derivative, commodities and currency trading stock broking services.
  • In adding up to the trading, broking and financial management services, IFCI Financial Services undertakes the distribution of financial products constituting mutual funds and fixed deposits.
  • The products also comprise financial tools like risk analyzer, asset allocator, and other tools for investment plans, child plans, retirement plans, loans, tax, savings and mutual funds.

IFCI Financial Service Offerings

Demat Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations Yes
Robo Advisory No
Trading Institution No
Trading Exposure Upto 6X
  • Essential services like demat and trading are available. They provide exposure of maximum 6 time.
  • IFCI Financial Services offers financial planning, portfolio management, institutional research, investment banking and IPO services to its customers.
  • Company provides stock tips, reports and news updates for trading.


IFCI Financial Research, Advisory and Stock Tips

Fundamental Reports Yes
Research Reports Yes
Company Reports Yes
Annual Reports Yes
Company Stock Review Yes
Free Stock Tips Yes
IPO Reports Yes
Top Picks Yes
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager Yes

IFCI has a competent, professional research and consulting team at its disposal. Research is carried out in the areas of equity, commodities, the IPO and mutual funds and the company reports:

  • Gainers & Losers reports
  • Bulk & Block deals reports
  • Index Movers reports
  • Value & Volume Toppers reports
  • Out/under Performers reports
  • Pre-session, mid-session and end-session commentaries
  • Morning Mirror
  • Weekly Mirror
  • Morning Updates
  • Trading Calls

IFCI Financial Exposure or Leverage

Equity Delivery Upto 2X
Equity Intraday Upto 6X
Equity Futures Upto 3X
Equity Options Upto 4X
Currency Futures Upto 3X
Currency Options Upto 2X
Commodities Upto 3X
Margin Calculator IFCI Financial Margin Calculator

With regard to exposure, IFCI Financial Services offers its customers throughout the segments:

The broking firm can leverage its customers up to 6 times. They give Intraday trading large exposures. In contrast with other brokers, they offer very low exposure to trade.

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IFCI Financial Trading Platforms

Here are the thorough details on various trading platforms offered by IFCI Financial to its consumers. All the platforms have been established in-house and always get progressed on an unremitting basis.

Desktop Platform – Windows Yes
Desktop Platform – Mac No
Desktop Browser Platform No
Mobile Site Platform Yes
Android App Platform Yes
iOS App Platform Yes
Windows App Platform No
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details Yes
Online MF Buy Yes
News Flash Yes
Research Reports Yes
Easy Installation No
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts No
Live Markets Yes
SMS Alerts No
Email Alerts Yes
Multi Account Management No

IFIN FIRST or IFCI Financial Web Trading Platform

It is the browser based trading platform of IFCI Financial Services. It is mostly used by the traders who are quite new to investing and trading.

The Browser based trading platform is a comprehensive trading platform which allows the traders to trade from any internet enabled system, to get access to live market data, news and information.

IFCI Financial First requires the installation of no software and can be fully adapted to the needs of customers.

IFIN IMPERIA – IFCI Financial Trading Terminal

IFIN Imperia is the online trading platform based on software. It is better suited for traders who are more active in trading and trade.

It is similar to the trade terminal of a dealer, facilitating the provision on an individual screen of all facilities.

IFIN Imperia provides back office access, research reports and consultation calls. The Trading Terminal Security lock also provides increased security.

IFCI Financial Customer Care

Dedicated Dealer No
Offline Trading Yes
Online Trading Yes
24*7 Support No
Support Number
Email Support Yes
Chat Support No
Toll Free Number No
Branches 920

Customer service is provided by IFCI Financial Services:

By understanding your individual needs and meeting them accordingly, the stockbroker provides its customers with reasonable customer service.

In addition to dedicated NRI experts and Helpdesk, IFCI offers a dedicated service to its customers.

  • Email
  • Phone
  • Toll-free number
  • Fax
  • Physical branches- 920 branches

IFCI Financial Complaints and Feedback

Find the list of complaint against IFCI Financial:

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 6
Resolved in NSE 6

According to 2018 not a single complain was Lodged in BSE.

In NSE 6 complaints were lodged and all were resolved also.

IFCI Financial Disadvantages:

At same time, IFCI Financial Services is concerned with some of the concerns that you must be aware of:

  • Customers face issue in uploading for trading platform
  • There are limited physical branches.
  • Exposure for trading is low compare to other competitors.

IFCI Financial Conclusion

IFCI Financial Services is good to try because they have a recognized reputation and image, proven management and work practices.

They are well-known for their wide research variety and multiple trading products.

Open Demat Account with IFCI Financial

Fill Your Details Here
  1. Open Demat Account

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