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Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

IIFL Zero Brokerage Plan 2021  

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 & investor who can trade online and does not need 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.

Name Details
Trading Account Opening Fee Rs 0 (Free)
Demat Account Opening Fee Rs 0
Demat Account AMC Rs 250 (Free for 1st year)
Trading Account AMC Rs 0
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.

Plan Name Standard Plan
Equity Delivery Rs 20 per order
Equity Intraday Rs 20 per order
Equity Future Rs 20 per order
Equity Options Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Monthly Fee NA
Margin Trading -
Commodity Futures Rs 20 per order
Commodity Options 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:

Name Details
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future * NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options * NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures * NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 280 per Cr (0.0028%)
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.

Name Details
Minimum Brokerage -
Call & Trade Rs 50 per call
Stamp Duty * -
DP Charges (on sell side) 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges Advisory SMS - Rs 50 per month
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.

Name Details
Depository Service Provider CDSL
Account Opening Fee ₹0 (free)
Advance Deposit ₹0
AMC ₹250 (free for 1st year)
Dematerialisation Charges ₹15 per certificate
Rematerialisation Charges ₹15 per certificate
Transaction Charges (Credit) -
Transaction Charges (debit) ₹25 per debit transaction
Pledge Creation Charges ₹10
Pledge Creation Confirmation Charges ₹0
Pledge Invocation Charges ₹15
Failed Instruction Charges -
Other Charges Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request
IIFL Special Offer:

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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