Charges at a glance
About IIFL Securities
IIFL Securities — now officially IIFL Capital Services Limited — is the retail broking arm of the IIFL Group, a full-service brokerage founded in 1995. It is registered with SEBI (Stock Broker Regn. No. INZ000164132) and is a depository participant with both NSDL and CDSL, and is a member of NSE, BSE, MCX and NCDEX across equity, F&O, currency and commodity segments.
Unlike pure discount brokers, IIFL runs a percentage-based brokerage structure under its flagship Investor Plan (Online Plus): 0.25% on equity delivery, and 0.025% on intraday and futures, with flat per-lot pricing on options. Account opening and the first year's demat AMC are free; from the second year, AMC is ₹250 + GST. Alongside broking, IIFL also offers in-house research, PMS, AIF, IPO access, mutual funds and insurance — services typically absent at pure discount brokers.
Platforms
IIFL Markets App & Web
Mobile app and web trading platform (ttweb.indiainfoline.com) with live market data, charting, research reports and intraday calls built in.
Trader Terminal
A desktop trading terminal (EXE) available on select plans, aimed at active traders who need deeper order-book and execution tools.
Research & Advisory
In-house equity research, investment advisory (SEBI-registered IA) and access to PMS/AIF products for investors who want managed options alongside self-directed trading.
Regulatory & statutory charges
Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.
Calculate the exact charges for any trade upfront using our brokerage calculator.
Equity
| Charge | Equity delivery | Equity intraday | F&O – Futures | F&O – Options |
|---|---|---|---|---|
| Brokerage | 0.25% | 0.025% per order | 0.025% per order | ₹25/lot (stock options), ₹75/lot (index options) |
| STT/CTT | 0.1% on buy & sell | 0.025% on sell side | 0.05% on sell side | 0.15% on sell side (premium); 0.15% of intrinsic value if exercised |
| Transaction charges | NSE 0.00297% / BSE 0.00375% | NSE 0.00297% / BSE 0.00375% | NSE 0.00183% / BSE 0% | NSE 0.03553% / BSE 0.0325% (on premium) |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.015% (buy side) | 0.003% (buy side) | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |||
Currency
| Charge | Currency futures | Currency options |
|---|---|---|
| Brokerage | ₹20 per lot | ₹8 per lot |
| Transaction charges | NSE 0.0009% | NSE 0.0009% (on premium) |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.0001% (buy side) | 0.0001% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |
Commodity
| Charge | Commodity futures | Commodity options |
|---|---|---|
| Brokerage | 0.025% per order | Varies by commodity (see below) |
| STT/CTT | 0.01% on sell side (non-agri) | 0.05% on sell side |
| Transaction charges | MCX 0.0021% / NSE 0.0001% | MCX 0.0418% / NSE 0.001% |
| SEBI charges | Agri ₹1/crore, Non-agri ₹10/crore | ₹10 / crore |
| Stamp duty | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |
Mutual funds
- IIFL offers both direct and regular mutual fund plans through its app and website. Direct plans carry no separate broker commission; regular plans embed trail commission in the fund's expense ratio, as with any distributor.
- Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
- STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.
Charges for account opening
| Type of account | Charges |
|---|---|
| Individual account | free |
| HUF account | free |
| NRI account | Varies — confirm current NRI tariff with IIFL |
Demat AMC (Annual Maintenance Charge)
IIFL waives the demat AMC for the first year. From the second year onward, AMC is ₹250 + GST per year, deducted from the account regardless of trading activity. The trading account itself carries no AMC.
Pros & cons
What users like
- Registered depository participant with both NSDL and CDSL, plus a wide product shelf — PMS, AIF, IPOs, mutual funds and insurance alongside broking
- Free account opening, and the first year's demat AMC is free
- In-house research reports and intraday calls included even on the base Investor Plan
- Long operating history (since 1995) with full-service infrastructure, including a branch network
What to watch for
- Percentage-based brokerage (0.25% on delivery) costs more than flat or zero-fee discount brokers on high-value trades
- Demat AMC steps up to ₹250 + GST from the second year, unlike brokers with lifetime-free AMC
- An additional ₹50 applies for orders placed through the support desk or an assisted Call & Trade square-off
Penalties & other charges
Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.
Penalties
Other charges
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