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Interactive Brokers vs IIFL Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs IIFL Securities 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 Interactive Brokers and IIFL Securities.

Background

Year of Incorporation 1977 1996
Website https://www.interactivebrokers.co.in/en/home.php https://www.indiainfoline.com/
Phone +91 22-61289888 022-40071000
Exchanges enabled NSE (plus over 100 market centers across 24 countries). NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL/CDSL
Brokerage

Equity 0.05% per Executed Order 0.05% Intraday & 0.5% Delivery - Negotiable
Equity Futures 0.01% per Executed Order 0.05% of Turnover - Negotiable
Equity Options Rs 25 per lot per Rs 100/lot - Negotiable
Currency Futures 0.01% per Executed Order Rs 25/lot - Negotiable
Currency Options 0.01% per Executed Order Rs 10/lot - Negotiable
Commodity Rs 50 per lot per 0.03% - Negotiable
Account Opening Costs

Trading only Rs 0 NA
Trading & Demat Rs 400 Rs 750
Commodity Not Available NIL
Transparency & other costs

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

Equity 0.00325% 0.00325% of Turnover
Futures 0.0019 % 0.0038% of Turnover
Options 0.05% 0.058% of Turnove
Commodities Not available 0.0041% of Turnover
AMC charge NIL Onetime Rs 555 or Rs 25/month
DP Transaction Charge NIL 0.05% ( Minimum Rs 15 & Max Rs 100)
Offline order placing Charge Rs 1500 per order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 20 Days
End of Day 1 Year 10 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage Upto 20 times Intraday, &3 times for Delivery@interest
Equity Futures Upto 2x for Intraday Upto 3 times for Intraday
Equity Options Buying 0 & Shorting upto 2x for Intraday Buying no leverage, Shorting upto 3 times
Currency Futures Upto 2x for Intraday Upto 2 times for Intraday
Currency Options Buying 0 & Shorting upto 2x for Intraday Buying no leverage, Shorting upto 2 times
Commodity Not Available Upto 3 times for Intraday
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 104.1 Crores Rs 2.78 Crores
Profit after Tax FY12/13 Rs 63.01 Crores Rs 9.69 Crores
Profit after Tax FY13/14 Rs 64.75 Crores Rs 14.69 Crores
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 20.18 Crores
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 25.84 Crores
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 31.10 Crores
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 31.10 Crores
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 20.40 Crores
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 27.72 Crores
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 26.35 Crores
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 30.66 Crores
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 31.50 Crores
Debt FY11/12 Rs 17.67 Crores Rs 66.8 Crores
Debt FY12/13 Rs 13.43 Crores Rs 78.93 Crores
Debt FY13/14 Rs 21.88 Crores Rs 86.11 Crores
Debt FY14/15 Rs 21.05 Crores Rs 97.03 Crores
Debt FY15/16 Rs 23.05 Crores Rs 112.99 Crores
Debt FY16/17 Rs 22.53 Crores Rs 82.92 Crores
Debt FY17/18 Rs 22.09 Crores Rs 126.84 Crores
Debt FY18/19 Rs 23.67 Crores Rs 135.59 Crores
Debt FY19/20 Rs 21.41 Crores Rs 89.28 Crores
Debt FY20/21 Rs 24.02 Crores Rs 80.36 Crores
Debt FY21/22 Rs 27.09 Crores Rs 135.19 Crores
Debt FY22/23 Rs 21.78 Crores Rs 127.87 Crores
Profit to Equity(%) FY11/12 14.94 27.48
Profit to Equity(%) FY12/13 7.29 7.92
Profit to Equity(%) FY13/14 9.71 31.8
Profit to Equity(%) FY14/15 9.01 37.22
Profit to Equity(%) FY15/16 9.64 37.54
Profit to Equity(%) FY16/17 10.04 46.31
Profit to Equity(%) FY17/18 10.14 46.73
Profit to Equity(%) FY18/19 11.34 43.33
Profit to Equity(%) FY19/20 13.24 59.84
Profit to Equity(%) FY20/21 12.52 51.30
Profit to Equity(%) FY21/22 17.85 48.94
Profit to Equity(%) FY22/23 14.56 63.60
Balance Sheet Size FY11/12 Rs 908 Crores Rs 282 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 217 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 227 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 237.82 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 335.05 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 309.25 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 247.73 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 377.83 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 360.20 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 293.71 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 373.93 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 292.87 Crores

Comparison Link:

Compare Interactive Brokers Compare IIFL Securities
Interactive Brokers Vs Mandot Securities IIFL Securities Vs Mandot Securities
Interactive Brokers Vs HDFC Sky IIFL Securities Vs HDFC Sky
Interactive Brokers Vs Dhan IIFL Securities Vs Dhan
Interactive Brokers Vs Goodwill Wealth IIFL Securities Vs Goodwill Wealth
Interactive Brokers Vs Shoonya by Finvasia IIFL Securities Vs Shoonya by Finvasia
Interactive Brokers Vs NJ Wealth IIFL Securities Vs NJ Wealth
Interactive Brokers Vs Paytm Money IIFL Securities Vs Paytm Money
Interactive Brokers Vs Goldmine Stocks IIFL Securities Vs Goldmine Stocks
Interactive Brokers Vs Globe Capital IIFL Securities Vs Globe Capital
Interactive Brokers Vs Finvasia IIFL Securities Vs Finvasia
Interactive Brokers Vs Coimbatore Capital IIFL Securities Vs Coimbatore Capital
Interactive Brokers Vs Cholamandalam Securities IIFL Securities Vs Cholamandalam Securities
Interactive Brokers Vs Choice Equity Broking IIFL Securities Vs Choice Equity Broking
Interactive Brokers Vs Canara Bank IIFL Securities Vs Canara Bank
Interactive Brokers Vs Bonanza Portfolio IIFL Securities Vs Bonanza Portfolio
Interactive Brokers Vs Bezel Stock Brokers IIFL Securities Vs Bezel Stock Brokers
Interactive Brokers Vs Beeline Broking IIFL Securities Vs Beeline Broking
Interactive Brokers Vs Bansal Finstock IIFL Securities Vs Bansal Finstock
Interactive Brokers Vs Axis Direct IIFL Securities Vs Axis Direct
Interactive Brokers Vs ASE Capital Markets IIFL Securities Vs ASE Capital Markets
Interactive Brokers Vs Arihant Capital IIFL Securities Vs Arihant Capital
Interactive Brokers Vs Alice Blue IIFL Securities Vs Alice Blue
Interactive Brokers Vs 5Paisa IIFL Securities Vs 5Paisa
Interactive Brokers Vs M.stock IIFL Securities Vs M.stock
Interactive Brokers Vs WisdomCapital IIFL Securities Vs WisdomCapital
Interactive Brokers Vs Way2wealth IIFL Securities Vs Way2wealth
Interactive Brokers Vs Ventura Securities IIFL Securities Vs Ventura Securities
Interactive Brokers Vs Navia Markets Ltd IIFL Securities Vs Navia Markets Ltd
Interactive Brokers Vs Tradejini IIFL Securities Vs Tradejini
Interactive Brokers Vs Tata Securities IIFL Securities Vs Tata Securities
Interactive Brokers Vs Swastika Investmart IIFL Securities Vs Swastika Investmart
Interactive Brokers Vs SMC Global IIFL Securities Vs SMC Global
Interactive Brokers Vs SBICAP Securities IIFL Securities Vs SBICAP Securities
Interactive Brokers Vs SASOnline IIFL Securities Vs SASOnline
Interactive Brokers Vs Samco securities IIFL Securities Vs Samco securities
Interactive Brokers Vs RK Global IIFL Securities Vs RK Global
Interactive Brokers Vs Reliance Securities IIFL Securities Vs Reliance Securities
Interactive Brokers Vs Nirmal Bang IIFL Securities Vs Nirmal Bang
Interactive Brokers Vs Master Trust Capital IIFL Securities Vs Master Trust Capital
Interactive Brokers Vs Kotak Securities IIFL Securities Vs Kotak Securities
Interactive Brokers Vs Dhani IIFL Securities Vs Dhani
Interactive Brokers Vs IDBI Capital IIFL Securities Vs IDBI Capital
Interactive Brokers Vs HDFC Securities IIFL Securities Vs HDFC Securities
Interactive Brokers Vs Geojit IIFL Securities Vs Geojit
Interactive Brokers Vs Fyers Securities IIFL Securities Vs Fyers Securities
Interactive Brokers Vs Edelweiss Capital IIFL Securities Vs Edelweiss Capital
Interactive Brokers Vs Easytradez IIFL Securities Vs Easytradez
Interactive Brokers Vs Rupeezy IIFL Securities Vs Rupeezy
Interactive Brokers Vs Anand Rathi IIFL Securities Vs Anand Rathi
Interactive Brokers Vs Aditya Birla Money IIFL Securities Vs Aditya Birla Money
Interactive Brokers Vs Achiievers IIFL Securities Vs Achiievers
Interactive Brokers Vs A C Choksi IIFL Securities Vs A C Choksi
Interactive Brokers Vs Angel Broking IIFL Securities Vs Angel Broking
Interactive Brokers Vs Motilal Oswal IIFL Securities Vs Motilal Oswal
Interactive Brokers Vs ICICI Direct IIFL Securities Vs ICICI Direct
Interactive Brokers Vs Sharekhan IIFL Securities Vs Sharekhan
Interactive Brokers Vs Groww IIFL Securities Vs Groww
Interactive Brokers Vs Tradesmart Online IIFL Securities Vs Tradesmart Online
Interactive Brokers Vs Zerodha IIFL Securities Vs Zerodha

Frequently Asked Questions

Is Interactive Brokers better than IIFL Securities ?

Interactive Brokers and IIFL Securities 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 better than Interactive Brokers ?

Interactive Brokers and IIFL Securities 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 Interactive Brokers cheaper than IIFL Securities ?

Interactive Brokers and IIFL Securities 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 IIFL Securities cheaper than Interactive Brokers ?

Interactive Brokers and IIFL Securities 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 Interactive Brokers vs. IIFL Securities ?

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