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FINVASIA vs IIFL (Compare FINVASIA and IIFL)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between FINVASIA vs IIFL, Below comparison of FINVASIA vs IIFL highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of FINVASIA vs IIFL is given below:

FINVASIA

IIFL

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	FINVASIA	IIFL

About The Brokers	FINVASIA : "Finvasia is a discounted stock broker that offers lifetime zero brokerage on all equity delivery and intraday trades on BSE, NSE, NCDEX, and MCX. In addition to that, >>> more	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more
Find More Information about the Broker :	FINVASIA : OVERVIEW BROKERAGE PRODUCTS & SERVICES	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	FINVASIA : Discount Broker	IIFL : Full Service Broker
Promo/offers	FINVASIA : N/A	IIFL : 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.
Advantage	FINVASIA : Finvasia offers lifetime free brokerage to its users which means they don’t charge any brokerage on trades, the customers is supposed to pay govt taxes , Stock exchange charges and monthly trading platform charges for using some advance tools & trading platforms. Finvasia offers free Demat + trading account opening and unlimited call & trade. Finvasia also offers free trade clearing. MCX Commodity trading offers GTC orders for all users Finvasia offers free trading software — ScalperT where the users can do trading on the web and through mobile apps. Finvasia offers APIs and Algo trading tools. Finvasia offers seamless KYC and Aadhar eSign facility to fasten the account opening process. Finvasia offers users advanced order types — cover order and bracket at the lowest fees. In addition to stock trading, Finvasia also offers Investment opportunity in Bonds, IPO and Mutual Funds. Finvasia offers excellent NRI trading. Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform. Online Chat support is available Online IPO Application facility is available for its customers Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO
Disadvantage	FINVASIA : There is no dedicated relationship manager in Finvasia; thus the traders need to look out for their portfolios themselves Does not provide 3in1 account facility. Finvasia charges for Advance order types like Bracket orders etc. Trading platforms like NEST and NOW are chargeable. GTC orders are not available at NSE and BSE. They are available at MCX. Finvasia is online broker and does not have any branches for local support. Scalpter (trading website) has only 1 min charting frame.	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges
Why This	FINVASIA : The first discounted stockbroker in India offers lifetime brokerage free Demat + Trading account with Zero AMC, Free call & trade services, zero clearing services, and lowest transaction charges on equity delivery, intraday, and F&O. Finvasia offers a wide range of products under one roof — stock trading, commodities, currencies, mutual funds, IPOs, FPI (Foreign Portfolio Investors), NRI trading, wealth management to High Net Worth Individuals (HNIs), investment in real estate, and many more. Finvasia offers five excellent trading platforms to cater to different types of traders — ScalperT, NEST (Omnisys Powered Trading Terminal), NSE NOW, Blitz Trader (Algorithmic Trading Platform), and Symphony Presto. Finvasia offers quick paperless online account opening within 5 minutes. Finvasia trading platforms are available on Windows, MacBook, Android, and iOS platforms. Other features: advanced market search, live streaming prices, quick order execution, interactive charts, global indices, and many more. Finvasia offers a user-friendly trading platform with a global buy and sells window. Finvasia offers financial trading services to the NRIs, PIO (Person Indian Origin)/OCI (Overseas Citizens of India), Foreign Nationals, and QFI (Qualified foreign investor) that are interested to invest in the Indian market. Finvasia offers FPI (Foreign Portfolio Investors) from globally. FPI is offered by limited brokers in India and Finvasia is one of them even being a discounted broker. Finvasia offers excellent wealth management resolutions to High Net Worth individuals based in India and NRIs.	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.
		Open Account

FINVASIA vs IIFL Account Opening & AMC Charges

FINVASIA Trading Account Opening Fee is Rs 0 (Free) and IIFL Trading Account Opening Fee is Rs 0 (Free) . FINVASIA Demat Account AMC is Rs 0 per year (Lifetime Zero AMC) and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

	FINVASIA	IIFL
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 0 per year (Lifetime Zero AMC)	Demat Account AMC : Rs 250 (Free for 1st year)
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0
	Open Account	Open Account

FINVASIA vs IIFL Brokerage Charges

FINVASIA Brokerage Charges Equity Delivery is Rs 0 and Equity Intraday is Rs 0 and Equity Options is Rs 0 . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	FINVASIA	IIFL
Plan Name	Plan Name : Finvasia default Brokerage Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 0	Equity Delivery : Rs 20 per order
Equity Intraday	Equity Intraday : Rs 0	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : Rs 0	Equity Future : Rs 20 per order
Equity Options	Equity Options : Rs 0	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : Rs 0	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 0	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading :	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 0	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 0	Commodity Options : Rs 20 per order
	Open Account	Open Account

FINVASIA vs IIFL Exchange Transaction Charges

FINVASIA Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	FINVASIA	IIFL
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : Group A - Rs 280 per Cr (0.0028%)
	Open Account	Open Account

FINVASIA vs IIFL Other Charges

FINVASIA Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 . IIFL and Call & Trade is Rs 50 per call .

	FINVASIA	IIFL
Minimum Brokerage	Minimum Brokerage : Rs 0	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 0	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹9 (including CDSL Charges)	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : Bracket Orders in NEST: Rs 99 per month	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month
	Open Account	Open Account

FINVASIA vs IIFL Features

FINVASIA and IIFL both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	FINVASIA	IIFL
Trading Platform	Trading Platform : Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : No	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers :	Unique features & Offers : -
Referral Program	Referral Program : 0	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

FINVASIA vs IIFL Demat Account Charges

A comparative table of various demat account charges between FINVASIA and IIFL is below:

	FINVASIA	IIFL
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (+ stamp charge of â‚¹199)	Account Opening Fee : â‚¹0 (free)
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : â‚¹0
AMC	AMC : â‚¹0 for Individual/HUF/NRI â‚¹1000 per year for corporate	AMC : â‚¹250 (free for 1st year)
Dematerialisation Charges	Dematerialisation Charges : â‚¹15 + â‚¹99 Courier charges	Dematerialisation Charges : â‚¹15 per certificate
Rematerialisation Charges	Rematerialisation Charges : â‚¹15 + â‚¹99 Courier charges	Rematerialisation Charges : â‚¹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) :	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹9 (including CDSL Fee)	Transaction Charges (debit) : â‚¹25 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : â‚¹25 + NSDL Charges	Pledge Creation Charges : â‚¹10
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges :	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹25 + NSDL Charges	Pledge Invocation Charges : â‚¹15
Failed Instruction Charges	Failed Instruction Charges : â‚¹49 per transaction	Failed Instruction Charges : -
Other Charges	Other Charges : Periodic Statements - Email: Free \| Physical: â‚¹99 Courier Charges Adhoc / Non Periodic Statement - Email: Free \| Physical: â‚¹5 per page + â‚¹99 Courier Charges Delivery Instructions - First Booklet: Free \| Additional: â‚¹99 for 10 leaves Check Bounce - â‚¹299 Failed Transaction - â‚¹49 per transcaction Modification in Client Information - â‚¹19 per request Demat Closure Account - Nil Delay Payment Charges - 2% per month on T+2 days	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request
	Open Account	Open Account

FINVASIA vs IIFL Basic Details

FINVASIA Year of Incorporation is 2013 and Total Number of Clients is 81004 and Total Number of Branches is 1 . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

	FINVASIA	IIFL
Year of Incorporation	Year of Incorporation : 2013	Year of Incorporation : 1996
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : https://finvasia.com/	Website : https://www.indiainfoline.com
Contact Details	Contact Details : +911726670000	Contact Details : 022-400710000
Total Number of Clients	Total Number of Clients : 81,004	Total Number of Clients : 437,829
Total Number of Branches	Total Number of Branches : 1	Total Number of Branches : 900
Products *	Products : Mutual Fund, Broking , NPS , Global Stocks, ETF	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking
	Open Account	Open Account

FINVASIA vs IIFL Orders

Orders

	FINVASIA	IIFL
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

FINVASIA vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

	FINVASIA	IIFL
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

FINVASIA vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	FINVASIA	IIFL
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000
	Open Account	Open Account

FINVASIA vs IIFL Product & Services

FINVASIA and IIFL both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	FINVASIA	IIFL
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No
	Open Account	Open Account

FINVASIA vs IIFL Customer Services

FINVASIA and IIFL both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	FINVASIA	IIFL
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : Info Not Available	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

FINVASIA vs IIFL Other Investement

FINVASIA and IIFL both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	FINVASIA	IIFL
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

FINVASIA vs IIFL Trading Platform

FINVASIA and IIFL both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	FINVASIA	IIFL
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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	Open Account	Open Account

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FINVASIA

IIFL

FINVASIA vs IIFL (Compare FINVASIA and IIFL)

One on One comparison of FINVASIA vs IIFL is given below:

FINVASIA

IIFL

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FINVASIA vs IIFL Account Opening & AMC Charges

FINVASIA vs IIFL Brokerage Charges

FINVASIA vs IIFL Exchange Transaction Charges

FINVASIA vs IIFL Other Charges

FINVASIA vs IIFL Features

FINVASIA vs IIFL Demat Account Charges

FINVASIA vs IIFL Basic Details

FINVASIA vs IIFL Orders

FINVASIA vs IIFL Research and Advice / Trading Tips

FINVASIA vs IIFL Franchisee / Authorized Person related information

FINVASIA vs IIFL Product & Services

FINVASIA vs IIFL Customer Services

FINVASIA vs IIFL Other Investement

FINVASIA vs IIFL Trading Platform

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