India Infoline (IIFL)
Incorporated in 1995, India Infoline is the best full services broking firm with the occurrence of more than 4000 franchises in 390 + cities in all over the world. Nirmal Jain is chairperson and R. Venkatraman is the managing director of IIFL. It has its foreign offices in Hong Kong, Dubai, Singapore, New York and Mauritius etc and also it has 3000 + satisfied clients in various business segments. Presently, it always tries to maintain the long-term relationship with its clients by providing excellent trading services.
IIFL is allowing its customers to trade in every segment given below:
- Futures and Options
- FD etc.
India Infoline (IIFL) Accounts Opening Cost
Trading Account Only – NA
Trading + Demat Account – Rs.750
Commodity – NA
India Infoline (IIFL) Brokerage Charges
|Equity Delivery||0.5% of turnover|
|Equity Intraday||0.05% of turnover|
|Equity Futures||0.05% of turnover|
|Equity Options||Rs 100/lot- Negotiable|
|Currency Futures||Rs 25/lot|
|Currency Options||Rs 10/lot- Negotiable|
|Commodity||0.03% of Turnover|
India Infoline (IIFL) Transaction/ Turnover Charges
|Equity Brokerage||0.00325% of Turnover|
|Futures Brokerage||0.0038% of Turnover|
|Options Brokerage||0.058% of Turnover|
|Commodity Trading Brokerage||0.0041% of turnover|
India Infoline (IIFL) Trading Platform
Desktop Trdaing platform – Trader Terminal
Web trading platform – https://ttweb.indiainfoline.com
Mobile Trading Platform – IIFl Market
India Infoline (IIFL) Pros
• NRI Trading
• SMS Alert
• Email Support
• Backoffice Support
• Phone Support
• Daily Market Report
• Free Investment Tips
IIFL has the vision to become the most reputed broker firm in the trading segments. It’s accessible client service association has developed with the singular target since the beginning that our client experience should be the most excellent. IIFL presents services through numerous client touch-points such as personal associations at our organization, call center, email and online platforms. It has made significant savings in systems, skill, people and their training to make sure high service values. It has also won a reward for Best Customer Service in Financial Services 2013. Some key elements of its service approach are ‘first time right’ and ‘lightning fast’ response time. It has also taken numerous practical steps to decrease the occurrence of accusation.
India Infoline (IIFL) Cons
- Their Customer Service is not so good.
- Hidden Charges.
- Mutual fund investment is not possible.