IIFL Trading
More on Online Share Trading
IIFL Securities a financial services provider laid its branches in 1995 and slowly make its way as a stockbroker thus opening a gateway for IIFL Trading for passionate investors.
The firm has a clear objective of dreaming high and works towards fulfilling its dream along with its customer.
No wonder, the IIFL founder has made it a leading firm by gaining great success and trust of clients in both retail and institutional segments.
The firm is continuously growing with its innovative ideas and reinventing new brokerage strategies that help potential investors to trade.
Its growth can be identified by its clients who opened their accounts with the firm.
Gaining great fame over the years as a full-service broker, the firm has a lot to offer to its clients. Here we are with detailed information about the company’s role in trade.
Grab the information and make the right decision to get started with trade by joining hands with the firm.
IIFL Trading Online
IIFL or India Infoline is a leading brokerage firm that opens a gateway for trade in various segments.
If you are willing to trade with the firm, then here are some of the IIFL Products like equity, commodity, currency, mutual funds, etc in which you can trade and earn a good return over time.
As per the report of 2012, IIFL reported a turnover of over ₹4355 crores in Equity and ₹2254 crores in commodities.
IIFL Brokerage charges are low that offer relief to brokers and therefore growing as a leading retail brokerage firm in India. The fact that the broker doesn’t charge any brokerage fee for delivery trading is another bonus.
Traders who want to try the same might want to know how does IIFL calculate brokerage for the delivery trade.
Grabbing the best and unbeatable combination of technology you can gain the best trading experience with the IIFL online.
To give you the online experience of the trade, the firm offers many web and mobile-based trading platforms that come up with advanced features like:
- Seamless trading in various products like IIFL mutual fund, IPO, currency, commodity, FNO, etc.
- View of portfolio and complete access to the trade reports, charges, and bills.
- Quick order placement and confirmation.
- The easy interface of the IIFL app with optimal performance.
- Leverage of IIFL Margin that helps the trader to trade even with the limited fund.
To grab such experience and to trade efficiently with IIFL, you must have a trading account with the firm.
Apart from the above, the IIFL Online Trading comes up with some of the trending features. Here are the top features of online trade with the broker.
The virtual trading feature is helpful for those traders who are beginners. This involves virtual trade without the involvement of real money.
Also, there are many virtual trading games that help you in gaining the real-life trading experience and making you proficient in actual trade.
IIFL Trading Ideas
The online trading with IIFL also helps you in getting new ideas of trade. IIFL research and advisory teams come up with the best in class suggestions that increase the probability of gaining profit int trade.
IIFL Trading Tips
Grabbing the IIFL Trading Tips helps you in practicing flawless trade and generating good profit over the investment.
Advanced charts help you to trace the trend of a particular stock, through which you can invest accordingly and earn profits.
IIFL Trading Account
With around 4 million-plus client base and an award-winning research team, you cannot doubt the reliability of the company.
So, if you are still wondering is IIFL Safe, then keep this doubt away move ahead to grab the best trading experience.
Apart from this the world-class and tech-based trading platforms make the firm even more popular and demanding among the trader.
But are you still wondering how to start trade with the IIFL Securities, Well! We are quite aware of the challenges traders often face especially when they are new to the trading world.
Opening a trading account with the broker is the foremost step to start investing in the share market.
The trading account is used to trade securities in the stock market. Simply the online trading account helps you buying/selling the order and keeping track of all trade.
You can open the account by fulfilling all the KYC formalities and attaching all the essential documents along with your application form including the bank details.
Since the traders open a trading account to actively engaged in buying and selling stocks, like the intraday trade, however, if you wish to buy stocks to keep them for a long time then you must have IIFL Free Demat Account and know about How to trade in IIFL.
No wonder, with the IIFL trading account you would be able to gain exclusive experience of the trade like IIFL AMO.
While opening the account, you can fill the IIFL POA form that gives the broker the right to trade on your behalf by debit the shares directly from your Demat account.
Also Read: How to Buy Shares in IIFL App?, How to sell Delivery Shares in IIFL, and How to do Intraday Trading in IIFL.
Also, the account gives you access to get in touch with the firm’s highly experienced research team that do the in-depth analysis of stocks and assist you with the investment along with it you get the benefit of IIFL DP ID as well.
Thus, with IIFL TRading, reap the benefit of IIFL Advanced Research and enjoy trading.
Willing to open a Demat Account
IIFL Trading Charges
To get into a trade with IIFL, the foremost task is to have a trading account. But again to open a trading account, there are some charges levied upon you to activate the trade services.
Apart from the trading account opening charges, you have to pay brokerage fees to trade in the segment you choose.
Here is the complete details of the trading charges of IIFL that you must be aware of before getting into trade with the broker.
IIFL Trading Account Opening Charges
In general, the trading account opening charges include account processing fees, account opening, and annual charges.
Being the top and renowned broker, there are no account processing fees, however, you have to make a one-time payment of ₹295 to activate the account.
Along with this, there are annual charges also called AMC charges. Unlike IIFL demat account, there are no AMC charges on the trading account.
IIFL Trading Account Opening Charges | |
Account Processing Fees | Nil |
Account Opening Charges (one-time) | ₹295 |
AMC charges | Nil |
IIFL Trading Brokerage Charges
After you get into a trade, the next comes the brokerage fees. The brokerage fees vary from segment to segment.
Like any other full-service broker, IIFL had the percentage or volume-based brokerage plan, but to meet the customer needs, it recently comes up with the flat brokerage plan called the z20 plan.
IIFL Equity Charges
Under this, the broker imposes no charge to trade in equity delivery, while for the other segments like IIFL intraday charges are ₹20 or 0.05% of the trade, whichever is lower.
Also to trade in equity options the trader has to pay the flat brokerage fees of ₹20 per lot.
IIFL Equity Brokerage | |
IIFL Equity Delivery | Nil |
IIFL Equity Intraday | ₹20 or 0.05% per trade |
IIFL Equity Options | ₹20 per lot |
IIFL Equity Futures | ₹20 or 0.05% per trade |
IIFL Options Trading Charges
IIFL options trading charges is different for equity and commodity/currency segment. On one hand, where the investor pays the flat brokerage of ₹20 per lot to trade in equity options, on the other hand, for commodity and currency options, the broker imposes either ₹20 or 0.05% per trade whichever is lower.
IIFL Options Brokerage | |
Equity Options | ₹20 per lot |
Commodity Options | ₹20 per lot or 0.05% per trade (whichever is lower) |
Currency Options |
IIFL Futures Trading Charges
Similar to options, there is much relaxation in the futures segment as well. The traders can now trade in futures segment by paying the least brokerage of ₹20 or 0.05% per trade.
IIFL Futures Brokerage Charges | |
Commodity Futures Trading | ₹20 or 0.05% per trade (whichever is lower) |
Currency Futures Trading |
IIFL Trading Login
When you open the trading account with the firm, you will receive the Client ID and password details. Using the information you can access your trading platform.
Visit the login page of the IIFL, and enter the Client ID, Password, and DOB or PAN number.
The web trading dashboard with all the recent market updates and stock prices will open. You can then use the information and start trading right away.
Also, the login credentials are useful to login to the trading platform and back-office portal of the firm.
You can change and reset your password after your first login by following the 2FA as per the SEBI guidelines.
IIFL Trading Platform
The Demat and Trading account with IIFL gives you the permission to use the highly advanced trading platform of IIFL like IIFL TTWeb, IIFL Markets, and IIFL Trader Terminal.
Using these platforms and getting assistance from the news and research team will help you to grab the best information on market updates, price alerts, upcoming IPOs, and a lot more.
Some of the top features of the IIFL Trading platform are:
- Offers Customized watch list.
- Provides a summary of your account.
- The dashboard gives you a clear picture of the real-time market status.
- Keeps your trading details safe and secure.
- It offers you high-speed performance and in the quick execution of an order.
- Under the My Account section, you can get all the details on the portfolio and also the trade reports, charges, and bills.
In all the trading platforms can give you a great experience and help you trade with minimum risk involved.
IIFL Trading Customer Care
Since IIFL is a renowned stockbroker, it offers the best customer support service. It comes up with different contact options and always remains active and alert to listen to the client’s query.
IIFL team remain highly dedicated to addressing the client’s queries and concern.
It offers different channels through which you can reach them and get the assistance and solution right away.
Here are some of the IIFL customer support channel:
IVR (Interactive Voice Response): The customer can get in touch with the executive by calling at +91-22 4007 1000.
IVR Voice Message: Instead of holding a line and waiting to get your turn, you can simply record your concern. The executive hears your concern and offers an appropriate response.
Voice Message: It is available 24×7 even after office hours.
Email: You can send your concern via email at cs@indiainfoline.com or write at customer grievances@indiainfoline.com
Raising Concern via Trading Terminal or IIFL Markets
Sending Queries via ‘Whatsapp’: You can also raise your query via Whatsapp, by sending a message at 9289903000
Other than this you can visit the contact us page of the firm and fill the form along with the query. The firm will then arrange a call-back and the executive reaches you within no time. You can also take a visit to their IIFL branches as well which are present in all the cities along with metro cities such as Chennai, Bangalore, Mumbai, Delhi, Hyderabad.
IIFL Trading Customer Care Number
In case of any query related to trade, account opening, trading platform you can reach the customer care executive at 1860-267-3000 between 9:30 AM to 6:00 PM from Monday to Friday.
To know your trading password contact at 9015457860.
Conclusion
In all the IIFL Securities has worked to gain good growth and offers the best trading experiences to its customers.
Its real-time updates and other trading tools and application helps the customer in gaining better experience and to learn a better way to trade so far.
Frequently Asked Question
1. Is it necessary to have two-factor authentication for online trading with IIFL?
Yes, as per the guidelines of SEBI, every customer of the IIFL undergoing the online trade has to verify undergo the process of 2FA. This offers an extra layer of security to your account thus ensuring better safety of your account
2. What details should I keep handy to log in for the online trade?
To login to your trading account, you should remember your client Id and password. Other than this you have to enter your DOB or PAN Card details.
3. Can I update my contact details for online trading?
You can easily update your contact details by logging in to the web trading platform. There you have to log in using the credentials and click on ‘My Account’. Then click on ‘Form Formats’, download form, and do the required changes. After filling the form submit it to the nearest branch.
In case you want to learn more, get in touch with us
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