IIFL Zero Brokerage Plan
IIFL has recently launched a Zero brokerage plan to counter discount brokerage firms. Zero Brokerage plan by IIFL provides Free delivery trades, Equity intraday, and futures trade at ₹20 or 0.05% whichever is lower, Commodity & Equity options trade at Flat ₹ 20 per lot.
IIFL Zero Brokerage Plan provides the benefits offered by the full-service broker like access to research reports and Intraday calls at a cost similar or lower than the discount brokers. This plan is a flat fee brokerage plan and would be suitable for the Trader community & other investors who can trade on their own and does not needs other services like the services of a dedicated Relationship Manager along with Trader terminal, participation in events, or Seminars organized by them. This plan does not have any monthly or yearly subscription charges
Key Features of IIFL Super Trader Plan (Pro Traders) Brokerage Plan:
- Free Delivery Trade
- ₹20 or 0.05% whichever is lower for Intraday & Future Trade
- Flat ₹20 per lot for Equity Options Trade & Commodity Options Trade
- Research reports
- Intraday Calls
- No Minimum Margin requirement
- No Monthly or Yearly Subscription Charges
IIFL Zero Brokerage Plan Brokerage Charges:
This plan is the cheapest plan offered by IIFL suitable for traders & investors who can trade online and do not need the services of dedicated RM.
| EQ Delivery | Free |
| EQ Intraday | ₹20 or 0.05% whichever is lower |
| EQ Futures | ₹20 or 0.05% whichever is lower |
| EQ Options | ₹20/ Lot |
| CUR Futures | ₹20 or 0.05% whichever is lower |
| CUR Options | ₹20/ Lot |
| Commodity Trading | ₹20 |
IIFL Zero Brokerage Plan Value-Added Services
| Research Report | Yes |
| Intra-day calls | Yes |
| Dedicated RM/ Advisor | No |
| Market Guru seminars | No |
| Trader Terminal EXE | No |
| Analyst/ Investment advisor meetings | No |
| Minimum Margin | ₹0 |
| Monthly subscription | ₹0 |
IIFL Account Opening & AMC Charges
IIFL charges Rs 0 (Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Rs 250 (Free for 1st year) are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by IIFL to maintain your account.
IIFL Brokerage Charges
Please find below IIFL Brokerage charges in their basic Plan. IIFL provides delivery trade at Rs 20 per order, Intraday Trade at Rs 20 per order, Equity Future Trade at Rs 20 per order, and Equity Option Trade at Rs 20 per order.
IIFL Exchange Transaction Charges
The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. IIFL Transaction charges are as per the below table:
IIFL Other Charges
A lot of other Charges are getting levied other than brokerage by IIFL like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.
IIFL Demat Account Charges
The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find IIFL demat account charges 2020.
Flat Rs 20 Per Trade Brokerage + Free Account Opening
- Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
- Trade with the best rated mobile trading app.
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.
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