IIFL Securities vs ICICI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of IIFL Securities vs ICICI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of IIFL Securities and ICICI Direct.

Background

Year of Incorporation 1996 2000
Website https://www.indiainfoline.com/ https://www.icicidirect.com/
Phone 022-40071000 022 3355 1122
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL NSDL & CDSL
Brokerage

Equity 0.05% Intraday & 0.5% Delivery - Negotiable 0.05% Equity Intraday
Equity Futures 0.05% of Turnover - Negotiable 0.05% or Rs 50 per Trade
Equity Options Rs 100/lot - Negotiable 0.05% or Rs 50 per Trade
Currency Futures Rs 25/lot - Negotiable Rs 20 per executed order
Currency Options Rs 10/lot - Negotiable Rs 20 per executed order
Commodity 0.03% - Negotiable Rs 20 per executed order
Account Opening Costs

Trading only NA Free
Trading & Demat Rs 750 Rs 975 for 3 in 1 Account
Commodity NIL Rs 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0038% of Turnover 0.0019% of Turnover
Options 0.058% of Turnove 0.05% of Turnover
Commodities 0.0041% of Turnover 0.05% of Turnover
AMC charge Onetime Rs 555 or Rs 25/month Rs 700 per Year
DP Transaction Charge 0.05% ( Minimum Rs 15 & Max Rs 100) Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge NIL 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 20 Days
End of Day 10 Years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20x Intraday, & 3x for Delivery Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures Upto 3x for Intraday Upto 4x
Equity Options Buying no leverage, Shorting upto 3x Not for buying but upto 2x for shorting
Currency Futures Upto 2x for Intraday 1x
Currency Options Buying no leverage, Shorting upto 2x 1x
Commodity Upto 3x for Intraday 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 2.78 Crores Rs 77.1 Crores
Profit after Tax FY12/13 Rs 9.69 Crores Rs 68.2 Crores
Profit after Tax FY13/14 Rs 14.69 Crores Rs 74.9 Crores
Profit after Tax FY 14/15 Rs 20.18 Crores Rs 79.52 Crores
Profit after Tax FY 15/16 Rs 25.84 Crores Rs 96.88 Crores
Profit after Tax FY 16/17 Rs 31.10 Crores Rs 132.64 Crores
Profit after Tax FY 17/18 Rs 31.10 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 Rs 20.40 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 27.72 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 32.50 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 Rs (214.66) Crores Rs 105.82 Crores
Profit after Tax FY 22/23 Rs (258.79) Crores Rs 115.43 Crores
Debt FY11/12 Rs 66.8 Crores Rs 209 Crores
Debt FY12/13 Rs 78.93 Crores Rs 219 Crores
Debt FY13/14 Rs 86.11 Crores Rs 317 Crores
Debt FY14/15 Rs 97.03 Crores Rs 350.83 Crores
Debt FY15/16 Rs 112.99 Crores Rs 462.09 Crores
Debt FY16/17 Rs 82.92 Crores Rs 335.99 Crores
Debt FY17/18 Rs 126.84 Crores Rs 555.66 Crores
Debt FY18/19 Rs 135.59 Crores Rs 559.36 Crores
Debt FY19/20 Rs 89.28 Crores Rs 389.28 Crores
Debt FY20/21 Rs 80.36 Crores Rs 536.48 Crores
Debt FY21/22 Rs 135.19 Crores Rs 598.99 Crores
Debt FY22/23 Rs 122.87 Crores Rs 582.15 Crores
Profit to Equity(%) FY11/12 17.48% 32%
Profit to Equity(%) FY12/13 16.92% 21%
Profit to Equity(%) FY13/14 21.8% 27.07%
Profit to Equity(%) FY14/15 17.22% 29.22%
Profit to Equity(%) FY15/16 17.54% 30.63%
Profit to Equity(%) FY16/17 26.31% 32.89%
Profit to Equity(%) FY17/18 24.73% 41.55%
Profit to Equity(%) FY18/19 13.33% 40.19%
Profit to Equity(%) FY19/20 19.84% 26.41%
Profit to Equity(%) FY20/21 21.30% 33.02%
Profit to Equity(%) FY21/22 18.94% 41.00%
Profit to Equity(%) FY22/23 23.60% 43.78%
Balance Sheet Size FY11/12 Rs 782 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 817 Crores Rs 948 Crores
Balance Sheet Size FY13/14 Rs 827 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 837.82 Crores Rs 1857.26 Crores
Balance Sheet Size FY15/16 Rs 835.05 Crores Rs 1903.86 Crores
Balance Sheet Size FY16/17 Rs 909.25 Crores Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 947.73 Crores Rs 2222.18 Crores
Balance Sheet Size FY18/19 Rs 957.83 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 960.20 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 1,161.14 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 1,315.5 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 1,345 Crores Rs 3061.50 Crores

Comparison Link:

Compare IIFL Securities Compare ICICI Direct
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IIFL Securities Vs SBICAP Securities ICICI Direct Vs SBICAP Securities
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Frequently Asked Questions

Is IIFL Securities better than ICICI Direct ?

IIFL Securities and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is ICICI Direct better than IIFL Securities ?

IIFL Securities and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is IIFL Securities cheaper than ICICI Direct ?

IIFL Securities and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is ICICI Direct cheaper than IIFL Securities ?

IIFL Securities and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better IIFL Securities vs. ICICI Direct ?

To find out the better of the two stockbrokers IIFL Securities and ICICI Direct, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.