IIFL Vs Zerodha is one of the most sought after comparisons for traders looking to compare different aspects between these two prominent stockbrokers in India.

We talk about all of that is this review.

IIFL Vs Zerodha Comparison

Here is a point by point comparison of IIFL Vs Zerodha.

Zerodha is one of the leading discount brokers in India which was founded in 2010.

Zerodha has been there in the market for a while and understands the concept of discount broker space and how it helps traders. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.

IIFL too is a prominent name in Indian full-service stockbroking.

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 stockbrokers in India.

Must Read: Groww Vs Zerodha

Everything about discount brokers such as Zerodha is Online, 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, handhold 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 Zerodha to help you find which of the two suits your needs better.

The comparison is made on various aspects such as:

• Company Overview
• Account Opening Charges
• Brokerage
• Exposure or Leverages
• Research
• Trading Platforms
• Other Features

IIFL Vs Zerodha Details

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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs and which one to go for.

This is how both these stockbrokers stack up against each other:

 

*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.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

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 stockbrokers? If yes, would you like to share your experience(s) with IIFL Vs Zerodha for the benefits of other readers? Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.