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IIFL Vs F6 Online
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IIFL Vs F6 Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
IIFL Vs F6 Online Comparison
Here is a point by point comparison of IIFL Vs F6 Online.
IIFL is a prominent name in Indian full service broking. It is majorly known for its huge offline presence across the country with more than 4400 branches in 900 cities. India Infoline (IIFL) was incorporated in 1995 and today, is one of the top three full service brokers in India.
F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space.
Everything about discount brokers such as F6 Online is internet-based, be it – customer service, trading, account opening etc. Full service brokers such as India Infoline (IIFL), on the other hand, will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between IIFL Vs F6 Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Comparison
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover.
Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| F6 Online Review | India Infoline Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service |
| Incorporated In the Year | 2013 | 1995 |
| Number of branches across India | 7 | 4400 |
| Exchanges | NSE, BSE, MCX, NCDEX and NMCE | NSE, BSE, MCX, NCDEX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹555 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | F6 Online Transaction Charges | IIFL Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹666 per month or ₹6666 per year | 0.50% |
| Intraday Delivery | ₹666 per month or ₹6666 per year | 0.05% |
| Equity Futures | ₹666 per month or ₹6666 per year | 0.05% |
| Equity Options | ₹666 per month or ₹6666 per year | 1% of Premium or Rs.100/- per lot whichever is higher |
| Currency Futures | ₹666 per month or ₹6666 per year | 0.05% |
| Currency Options | ₹666 per month or ₹6666 per year | 1% of Premium or Rs.100/- per lot whichever is higher |
| Commodity | ₹666 per month or ₹6666 per year | 0.05% |
| Brokerage Calculator | IIFL Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 20 times Intraday & 3 times for Delivery |
| Equity Futures | Upto 4 times | Upto 3 times for Intraday |
| Equity Options | NA | Buying no leverage, Shorting upto 3 times |
| Currency Futures | Upto 4 times | Upto 2 times for Intraday |
| Currency Options | NA | Buying no leverage, Shorting upto 2 times |
| Commodities | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | F6 Online Web LIVE, F6 Online Mobile app | Trader Terminal, IIFL Markets App, Trader Web |
| Total BSE+NSE Complaints | 88 | 280 |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with IIFL Vs F6 Online for the benefits of other readers.
Please feel free to share in the comments below.
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Summary
Reviewer
A Digital Blogger
Date
Broker Name
India Infoline (IIFL) Vs F6 Online
Overall Rating
