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Fyers vs IIFL (Compare Fyers 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 Fyers vs IIFL, Below comparison of Fyers 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 Fyers vs IIFL is given below:

Fyers

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IIFL

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	Fyers	IIFL

About The Brokers	Fyers : "FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> 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 :	Fyers : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Fyers : Discount Broker	IIFL : Full Service Broker
Promo/offers	Fyers : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.	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	Fyers : Rs. 20 flat-fee trades. Brokerage free Investment in Mutual funds Brokerage free Equity delivery Trade High Performance Trading platforms Free Demat & Trading account for Life, Fyers do not charge trading and demat account opening fees & AMC. They provide unique portfolio investment for new entrants in the market called thematic investing at 100 per theme. (Buying at Free of cost , ₹100 or 2% (Whichever is lower) on Sell/Exit, Re-balance, Modify No Hidden Charges , Fyers is very transparent on charges All trading software are available for free of cost Possibility of earning via referral, earn 20% of the revenues generated by your friends, for life Trade profitably for 30 days & get your brokerage refunded.	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	Fyers : No team of experts for market research. Rs. 50 Admin square-off Charges Call & Trade services at Rs 50 per executed order	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	Fyers : They Charge Flat brokerage of ₹20/- per executed order. Brokerage free Equity delivery Trade & Mutual Fund Investment. No proprietary trading. Pure brokerage firm. The distinguishing feature of Fyers- "Thematic investing". Technological advance online trading platforms are provided to its customers. They have customer support above average, and referral programmes are also worth investing your valuable time. Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy. Trade profitably for 30 days & get your brokerage refunded. Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions. Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators. IPOs and FPOs through UPI payments.	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	Open Account

Fyers vs IIFL Account Opening & AMC Charges

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

	Fyers	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 (Free)	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

Fyers vs IIFL Brokerage Charges

Fyers Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order . 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 .

	Fyers	IIFL
Plan Name	Plan Name : Fyers	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 0 (Free)	Equity Delivery : Rs 20 per order
Equity Intraday	Equity Intraday : Rs 20 per executed order or .03% whichever is lower	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : Rs 20 per executed order or .03% whichever is lower	Equity Future : Rs 20 per order
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : Rs 20 per executed order or .03% whichever is lower	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 20 per executed order	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 20 per executed order or .03% whichever is lower	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 20 per executed order	Commodity Options : Rs 20 per order
	Open Account	Open Account

Fyers vs IIFL Exchange Transaction Charges

Fyers 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%) (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) .

	Fyers	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%) (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 3500 per Cr (0.035%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - Rs 280 per Cr (0.0028%)
	Open Account	Open Account

Fyers vs IIFL Other Charges

Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade . IIFL and Call & Trade is Rs 50 per call .

	Fyers	IIFL
Minimum Brokerage	Minimum Brokerage : Intra-day: Rs 7 or 2.5% whichever is lower	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 20 per trade	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹7 + ₹5.5 (CDSL Charges)	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month
	Open Account	Open Account

Fyers vs IIFL Features

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

	Fyers	IIFL
Trading Platform	Trading Platform : Fyers One (In-house build)	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	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 : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

Fyers vs IIFL Demat Account Charges

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

	Fyers	IIFL
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0	Account Opening Fee : â‚¹0 (free)
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : â‚¹0
AMC	AMC : â‚¹0	AMC : â‚¹250 (free for 1st year)
Dematerialisation Charges	Dematerialisation Charges : â‚¹0	Dematerialisation Charges : â‚¹15 per certificate
Rematerialisation Charges	Rematerialisation Charges : â‚¹0	Rematerialisation Charges : â‚¹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹7 + â‚¹5.50 flat for every debit transaction	Transaction Charges (debit) : â‚¹25 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : â‚¹0	Pledge Creation Charges : â‚¹10
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : â‚¹0	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹0	Pledge Invocation Charges : â‚¹15
Failed Instruction Charges	Failed Instruction Charges : â‚¹0	Failed Instruction Charges : -
Other Charges	Other Charges : Adhoc / Non Periodic Statement Requests: â‚¹0 + courier charges at actuals,Conversion of MF Units / Destatementisation: â‚¹100 per certificate, Modification in Client Master List (CML): â‚¹50,Modification in KRA: â‚¹50,Stamp Charges: â‚¹50	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request
	Open Account	Open Account

Fyers vs IIFL Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 219169 and . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

	Fyers	IIFL
Year of Incorporation	Year of Incorporation : 2015	Year of Incorporation : 1996
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : http://fyers.in/	Website : https://www.indiainfoline.com
Contact Details	Contact Details : 080-46251111	Contact Details : 022-400710000
Total Number of Clients	Total Number of Clients : 219,169	Total Number of Clients : 437,829
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 900
Products *	Products : -	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking
	Open Account	Open Account

Fyers vs IIFL Orders

Orders

	Fyers	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

Fyers vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Fyers	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 : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

Fyers vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Fyers	IIFL
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.10,000	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000
	Open Account	Open Account

Fyers vs IIFL Product & Services

Fyers 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:

	Fyers	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 : Yes	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 : No	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	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 : No	Aumtomated Trading : No
	Open Account	Open Account

Fyers vs IIFL Customer Services

Fyers 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:

	Fyers	IIFL
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	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

Fyers vs IIFL Other Investement

Fyers 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:

	Fyers	IIFL
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	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

Fyers vs IIFL Trading Platform

Fyers 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:

	Fyers	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 : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account

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Fyers

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Fyers vs IIFL (Compare Fyers and IIFL)

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

Fyers

IIFL

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Fyers vs IIFL Account Opening & AMC Charges

Fyers vs IIFL Brokerage Charges

Fyers vs IIFL Exchange Transaction Charges

Fyers vs IIFL Other Charges

Fyers vs IIFL Features

Fyers vs IIFL Demat Account Charges

Fyers vs IIFL Basic Details

Fyers vs IIFL Orders

Fyers vs IIFL Research and Advice / Trading Tips

Fyers vs IIFL Franchisee / Authorized Person related information

Fyers vs IIFL Product & Services

Fyers vs IIFL Customer Services

Fyers vs IIFL Other Investement

Fyers vs IIFL Trading Platform

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