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IIFL Super Trader Plan

IIFL Super Trader Plan

India Infoline is one of the experienced financial service conglomerate which was established in the year, 1995. They are among the first financial broker who entered the market with the discount service brokerage by the name of 5paisa.com.

IIFL has recently launched 3 new Brokerage Plans designed for a different-different customer profile. Investor Plan (Online Plus), Super Trader Plan (Pro Traders), and Premium Plan (Dedicated RM). You can choose any of the plan basis your need while opening the demat account or any time after that as well. Here we would be discussing IIFL Super Trader Plan (Pro Traders).

IIFL Super Trader Plan (Pro Traders) which provides an opportunity to invest in the stock market at competitive rates and is been designed for the trader community who wants lower brokerage along with a host of services like Dedicated RM, research reports, Intra-day calls, Free call & Trade facility. Super Trader Plan (Pro Traders)is a subscription-based plan and cheapest among all 3 plans offered by IIFL. This plan is also a % based brokerage plan and would be suitable for Trader with high volume who needs services of dedicated Relationship Manager along with Trader terminal and wants to participate in events or Seminars organized by them at the cheapest brokerage rate. This plan can be subscribed to by paying monthly subscription charges of Rs.999

Key Features of IIFL Super Trader Plan (Pro Traders) Brokerage Plan:

  • Dedicated RM
  • Free Access to Trader terminal Software
  • Free Call & Trade Facility
  • Research reports
  • Intraday Calls
  • No Minimum Margin requirement
  • Rs.999 Monthly Subscription Charges

IIFL Account Opening Charges | IIFL AMC 2020

IIFL charges Rs. 250 (Currently waived off) for trading and Demat account opening which is the one-time fee charged while initiating your account opening process. Rs. 250 (Free for the first year) are annual maintenance charges and would get deducted from your account even if you have not traded for a year by IIFL to maintain your account.

Type Account Opening (One Time) Annual Maintenance Fees (Yearly)
IIFL Trading Account Rs.250 (Currently waived off) account Opening NIL
IIFL Demat Account Rs.0 Rs. 250 (Free for the first year)

IIFL Super Trader Plan (Pro Traders) Brokerage Charges:

This plan is Cheapest among all 3 plans and suitable for traders with high volume. It offers a lot of value-added services along with a dedicated relation manager.

EQ Delivery 0.10%
EQ Intraday 0.01%
EQ Futures 0.01%
EQ Options Rs.10/ Lot
CUR Futures Rs.15/ Lot
CUR Options Rs.5/ Lot
Commodity Trading 0.015%

IIFL Super Trader Plan (Pro Traders):

DP transaction charge Debit Rs.10
Delayed Payment Interest 18% P.a.
System & Risk square off Rs.0
Pledge & Unpledge charges/ ISIN (customer-initiated) Rs.10
Re-pledge and Release charges/ ISIN (collaterals) Rs.1
Pledge Invocation Charges Rs.15
Demat/ Remat Charges Rs.15
Payment Gateway Charges Rs.0
Re-issuance of (Additional) New DIS Rs.100
Postal Charges for physical dispatch Rs.40
Pledge charge (Broker Margin Funding) Rs.50

IIFL Super Trader Plan (Pro Traders) Value Added Services

Call and Trade Free
Dedicated RM/ Advisor Yes
Research Report Yes
Market Guru seminars Yes
Trader Terminal EXE Yes
Intra-day calls Yes
Analyst/ Investment advisor meetings No
Minimum Margin Rs.0
Monthly subscription Rs.999

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