Broker comparison

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AttributeIIFL Securities5Paisa
Brokerage0.50% delivery / 0.05% intraday0.03% or ₹20 (whichever lower)
TypeFull-service brokerDiscount broker
Account opening₹550₹99
AMC₹625/yr₹400/yr after the first year
Equity delivery0.50%0.03% or ₹20
Intraday / F&O0.05%0.03% or ₹20
DP charges₹20 + GST₹12.5 per scrip
SEBI registrationINZ000010979INZ000010011
Charges last verified20 Oct 202620 Oct 2026
Our ratingRating 3.7Rating 4.1
Best forTier-2 investors who want local advisoryHigh-value intraday traders
Hidden charges to watchAdvisory fees; call & trade ₹25₹99 opening fee, AMC from year two, DP charges per scrip on sale
SegmentsEquity, F&O, Currency, Commodity, Mutual fundsEquity, F&O, Commodity, Currency
F&O (all segments)Per-contract slabs₹20 per order
HighlightsBranch advisory, Research reports, IIFL Markets app5paisa app, AlgoBulls, Small case, Research reports
Open accountIIFL Securities5Paisa

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