How to do Intraday Trading in IIFL?

More on Intraday Trading

Being an Intraday trader in the IIFL or India Infoline, it is vital to understand and learn how to do Intraday trading in IIFL.  

IIFL or India Infoline is a full-service stockbroker incorporated in 1995, and since then, they have been creating a stellar reputation among the traders and investors in the stock market.

Also, read How to trade in IIFL, and IIFL AMO.

Impressively, IIFL offers impeccable services to its customers in terms of customer experience and stunning trading platforms. The below platforms empower its users with a quick and easy trading process with comprehensive tools

In these trading platforms, users can earn their passive income through various trading and investment segments. These segments are

  1. Equity
  2. Mutual Funds
  3. Derivatives – Futures trading and Option trading
  4. Commodity
  5. Currency
  6. IPO, etc. 

Intraday Trading in IIFL

Intraday Trading in IIFL is tremendously simple and quick. However, before putting your initial steps in the Intraday Trading segment, it is mandatory to have an account with the IIFL. 

Since IIFL is linked with both the depositories of India- CDSL (Central Depository Services Limited) and NSDL (National Securities Depository Limited), therefore a Demat account with any one of them is easily possible. 

  IIFL Demat Account Opening has easy and paperless steps

  1. In the Demat account section of the IIFL website, click on the open Demat account button. 
  2. In the new screen, enter your basic details such as name and mobile number and click on the below button.
  3. Now, an IIFL representative will get in touch with you to open the Demat account. 

You will be required to share your correct details, and your Trading and Demat account will be opened instantly. 

Also, know about How to sell Delivery Shares in IIFL, How to Transfer Shares in IIFL Demat Account?, and IIFL Advanced Research.

Intraday Trading Process

Once you have completed your account opening process, you must have received your login details along with a password. Simply enter these unique details on the IIFL trading platforms. 

The trading platforms can be a mobile app or an online platform.

However, IIFL Trader Terminal is one of the best options for Intraday Trading as it has outstanding features required by the Intraday trader such as IIFL Charts that gives the confidence to trade in your favorite stock. 

Follow the steps below to perform Intraday Trading on the IIFL web

  1. In the watchlist option, click on the add/create button. Select the preferred scripts that you are interested in and click on add. 
  2. Now you can easily track these scripts daily and can trade smoothly as per your requirement.
  3. As your watchlist is prepared now, you can buy or sell scripts instantly whenever you click on the specific script.
  4. After choosing the scrip that you want to trade-in, finally, select the “Intraday or Day trade” option to complete your transaction process. 
  5. To prevent yourself from loss, here you can opt for the stop loss order in IIFL. This helps you in minizing the losses and risks associated with day trading.

IIFL Intraday Trading Charges

IIFL charges a very nominal price for the traders and investors opting for Intraday Trading. IIFL Intraday trading charges are 0.05% of the total value of the transaction for both sides. 

The charges seem to be normal, depending on the stock market services offered by India Infoline.


The aforementioned charge is calculated per transaction, and besides this amount, there are certain other charges too levied by IIFL, Government, and SEBI.

These charges include Securities Transaction Tax (STT), Goods and Services Tax (GST), Transaction charges, Stamp duty amount, and a lot more!

Furthermore, these charges are charged per order execution, and you can bargain with IIFL on the brokerage percentage charged by them.

Also, it is preferable to check Intraday Trading Time that is convenient to trade in for you.

IIFL Intraday Margin

While doing Intraday Trading with IIFL, it is also vital to know the Margin available in the Intraday segment. IIFL offers extremely flexible margins to its customers, irrespective of the segment they are dealing with.

Generally, the IIFL margin provides 20x of the Margin equivalent to the money available in your trading account. Sounds great! Right?

Here is the quick glimpse of the margin limit offered by IIFL in the Intraday segment:


IIFL Equity MIS is an Intraday product for the Intraday traders who want to square off their trading position before the market closes.

Apart from this, a trader or an investor must also be familiar with the applicable charges while opting for margin trading with IIFL. 

However, the stockbroker’s charges are not levied on MIS product if the Intraday trading position remains open until the market is open. 

IIFL Intraday Trading Benefits 

Since 2001, Intraday trading or Day trading is prevalent in India. It allows traders to buy and sell the stocks on a specific day, and India Infoline empowers its customers with various options and features in Intraday trading that encourage them to choose this stockbroker. 

Some of the significant benefits of IIFL Intraday trading are as below

  • IIFL’s trader terminal is well recognized in the Indian stock market due to its impeccable features, extensive trading tools, and comprehensive analysis strategies.
  • It offers multiple features in different segments of trading options. Hence, a trader can efficiently trade in a higher account than he has in his trading account. 
  • IIFL Intraday trading tips and ideas are trendy in the market as they are suggested by the market experts and analysts.
  • IIFL offers a lower brokerage charge in Intraday trading as compared to other stockbrokers who offer similar responsive trading platforms and extensive tools.
  • IIFL has distinctive instruments to track the movement of the particular stock within seconds.
  • IIFL offers a plethora of trading and investment segments such as equity, IPO, mutual funds, etc. 
  • On IIFL’s trading platforms, you can choose a scheme from various SIP schemes and can trade effectively as per your requirements. 

Also, read IIFL Futures Brokerage to know more about the derivatives type and its charges. Have hands on it and enjoy trading.

Closing Thoughts

In a nutshell, we can precisely conclude that Intraday Trading with IIFL is quite a bit easy, simple, and flexible. There are a plethora of benefits offered by them to the traders and investors choosing Intraday Trading on their trading platforms- Trader Terminal or IIFL Markets App.

With its extensive analytics tools and researchers, IIFL is regarded as one of the Intraday Trading players. Once you open an IIFL Free Demat account, either through NSDL or CDSL, you can smoothly start your Intraday trading.

If you opt for Margin trading, which is provided 20x (of the actual money in your trading account) in the Equity segment, you will also be required to pay a certain amount to the stockbroker inclusive of STT and GST.

Through IIFL trading platforms, you can learn new ideas and effectively create robust strategies to help you meet your Intraday trading requirement. 

Willing to open a Demat Account? Please refer to the below form

Open Free Demat Account
Enter basic details here and a Callback will be arranged for You!


Know more about India Infoline (IIFL)

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