How IIFL works?

IIFL Securities or India Infoline is a full-service stock broker in India. The company offers online and offline trading and investment services to resident Indians as well as non-resident Indians in equity, commodity, currency, futures, and options.

IIFL also offers Mutual Funds, IPOs, Bonds, Insurance, Loans, and Corporate FDs. IIFL offers its services online or through its branches spread across various cities in India.

To avail of various services of IIFL, you need to open a trading & Demat account with the company and link it with a savings bank account. IIFL offers 3 different brokerage plans:

1. Flat Brokerage Plan
2. Variable Brokerage Plan
3. Value-added Subscription Plan (Advance Brokerage Plan)

You can choose one of the plans at the time of account opening or switch between accounts at any time. You will be charged brokerage (as per the chosen plan), fees, and taxes based on your transactions. Refer to Brokerage Charges for more details.

To invest in mutual funds, you need to open a separate account with the company called 'IIFL Mutual Fund Account'.

The Demat account will be linked to your trading and IIFL Mutual Fund Account and all the securities bought through the accounts will be held in it.

Once you have opened the accounts, you can trade through IIFL in multiple ways:

1. IIFL Markets App(Mobile Trading App)
2. TT Web(Online Trading Website) or TT Desktop (Installable Trading Terminal)
3. IIFL Mutual Funds App(Android and iOS)
4. Call and Trade