As per the report of 2012, IIFL reported the turnover of over ₹4355 crores in Equity and ₹2254 crores in commodities.
It introduces itself as a retail broking firm and later on launched the 5 Paisa trading solution that offers relief to the customers from paying the high brokerage charges.
Grabbing the best and unbeatable combination of technology you can gain the best trading experience with the IIFL online.
To give you the online experience of the trade, the firm offers many web and mobile-based trading platforms that come up with the advanced features like:
Seamless trading in various products like mutual funds, IPO, currency, commodity, FNO, etc.
View of portfolio and complete access to the trade reports, charges, and bills.
Quick order placement and confirmation.
The easy interface of the app with optimal performance.
To grab such experience and to trade efficiently with IIFL, you must have the trading account with the firm.
Apart from the above, the IIFL Online Trading comes up with some of the trending features. Here are the top features of online trade with the broker.
IIFL Virtual Trading
The virtual trading feature is helpful for those traders who are beginners. This involves virtual trade without the involvement of real money.
Also, there are many virtual trading games that help you in gaining the real-life trading experience and making you proficient in actual trade.
IIFL Trading Ideas
The online trading with IIFL also helps you in getting new ideas of trade. The research and advisory teams come up with the best in class suggestions that increase the probability of gaining profit int trade.
IIFL Trading Tips
Grabbing the IIFL Trading Tips helps you in practicing flawless trade and generating good profit over the investment.
IIFL Trading Account
With around 4 million-plus client base and the award-winning research team, you cannot doubt the reliability of the company.
Apart from this the world-class and tech-based trading platforms make the firm even more popular and demanding among the trader.
But are you still wondering how to start trade with the IIFL Securities, Well! We are quite aware of the challenges traders often face especially when they are new to the trading world.
Opening a trading account with the broker is the foremost step to start investing in the share market.
The trading account is used to trade securities in the stock market. Simply the online trading account helps you buying/selling the order and keeping track of all trade.
You can open the account by fulfilling all the KYC formalities and attaching all the essential documents along with your application form including the bank details.
Since the traders open a trading account to actively engaged in buying and selling stocks, like the intraday trade, however, if you wish to buy stocks to keep them for a long time then you must have IIFL Demat Account.
No wonder, with the IIFL trading account you would be able to gain exclusive experience of trade.
Also, the account gives you access to get in touch with the firm’s highly experienced research team that do the in-depth analysis of stocks and assist you with the investment.
Willing to open a Demat Account
IIFL Trading Charges
Well! for every other investor knowing the charges involved in trade plays a very crucial role. IIFL, although a full-service broker but does not charge high brokerage from its customers.
However, the customer has to pay the trading account opening fees equal to ₹750. This is the one-time fee charged at the time you apply for the trading account with IIFL.
Other than this trading in different segments involved different charges.
For Equity Trade, the brokerage charges are 0.50% while for currency futures you have to pay the 0.05%. On the other hand for Currency Options and Equity Options, it only charges 1% or ₹100 whichever is higher.
Other than the brokerage charges there are transaction charges which are least and ranges from 0.002800% for Commodity trade, to 0.003250% for Equity Delivery, Intraday, and 0.051% for Equity Options.
So, overall the broker does not burden its customer with high brokerage or transaction fees involved in trading.
IIFL Trading Login
When you open the trading account with the firm, you will receive the Client ID and password details. Using the information you can access your trading platform.
Visit the login page of the IIFL, and enter the Client ID, Password, and DOB or PAN number.
The web trading dashboard with all the recent market updates and stock prices will open. You can then use the information and start trading right away.
Also, the login credentials are useful to login to the trading platform and back-office portal of the firm.
You can change and reset your password after your first login by following the 2FA as per the SEBI guidelines.
IIFL Trading Platform
The Demat and Trading account with IIFL gives you the permission to use the highly advanced trading platform of IIFL like IIFL Markets and IIFL Trader Terminal.
Using these platforms and getting assistance from the news and research team will help you to grab the best information on market updates, price alerts, upcoming IPOs, and lot more.
Some of the top features of the IIFL Trading platform are:
Offers Customized watch list.
Provides a summary of your account.
The dashboard gives you a clear picture of the real-time market status.
Keeps your trading details safe and secure.
It offers you the high-speed performance and in the quick execution of an order.
Under the My Account section, you can get all the details on the portfolio and also the trade reports, charges, and bills.
In all the trading platforms can give you a great experience and help you trade with minimum risk involved.
Since IIFL is a renowned stockbroker, it offers the best customer support service. It comes up with the different contact options and always remains active and alert to listen to the client’s query.
IIFL team remain highly dedicated to addressing the client’s queries and concern.
It offers different channels through which you can reach them and get the assistance and solution right away.
Here are some of the IIFL customer support channel:
IVR (Interactive Voice Response):The customer can get in touch with the executive by calling at +91-22 4007 1000.
IVR Voice Message: Instead of holding a line and waiting to get your turn, you can simply record your concern. The executive hears your concern and offers an appropriate response.
Voice Message: It is available 24×7 even after office hours.
Email:You can send your concern via email at email@example.com or write at customer firstname.lastname@example.org
Raising Concern via Trading Terminal or IIFL Markets
Sending Queries via ‘Whatsapp’: You can also raise your query via Whatsapp, by sending a message at 9289903000
Other than this you can visit the contact us page of the firm and fill the form along with the query. The firm will then arrange a call-back and the executive reaches you within no time.
IIFL Trading Customer Care Number
In case of any query related to trade, account opening, trading platform you can reach the customer care executive at 1860-267-3000 between 9:30 AM to 6:00 PM from Monday to Friday.
To know your trading password contact at 9015457860.
In all the IIFL Securities has worked to gain good growth and offers the best trading experiences to its customers.
Its real-time updates and other trading tools and application helps the customer in gaining better experience and to learn a better way to trade so far.
Frequently Asked Question
1. Is it necessary to have two-factor authentication for online trading with IIFL?
Yes, as per the guidelines of SEBI, every customer of the IIFL undergoing the online trade has to verify undergo the process of 2FA. This offers an extra layer of security to your account thus ensuring better safety of your account
2. What details should I keep handy to log in for the online trade?
To login to your trading account, you should remember your client Id and password. Other than this you have to enter your DOB or PAN Card details.
3. Can I update my contact details for online trading?
You can easily update your contact details by logging in to the web trading platform. There you have to log in using the credentials and click on ‘My Account’. Then click on ‘Form Formats’, download form, and do the required changes. After filling the form submit it to the nearest branch.
In case you want to learn more, get in touch with us