Broker profile
IIFL Securities Review (2026): Brokerage, Platforms, API & Execution - The Published Facts
IIFL Securities (IIFL Capital) is a long-established Indian full-service broker offering equity, derivatives, commodity and currency trading with in-house research and a free trading API for its customers. Its execution-speed figure here is taken from the AlgoTest Broker Speedtest, where it is measured as IIFLNest. Delivery and intraday brokerage are percentage- and plan-based, so they are shown against the official rate card rather than a single flat number.
At a glance
IIFL Securities brokerage calculator · Compare IIFL Securities with other brokers
- Type
- Full-service broker
- Official website
- https://www.iiflcapital.com
- Delivery brokerage
- 0.25% per order on the standard plan; lower-percentage and flat plans available - see official pricing
- Intraday brokerage
- 0.05% per order on the standard plan - see official pricing
- F&O brokerage
- ₹20 per order (flat)
- Account opening
- Free (₹0 online)
- AMC
- Free first year, then ₹250–₹450 per year depending on plan
- Platforms
- IIFL Markets app, IIFL web (Trading Terminal), IIFL NEST desktop
- Trading API
- IIFL Securities API - Free for IIFL customers (per official pages) (docs)
- Products
- Equity, F&O, Currency, Commodity, Mutual funds, IPO
- Exchanges
- NSE, BSE, MCX
- Algo support
- Yes - via IIFL trading API
- Reported execution speed
- ≈ 95 ms (median)
- Margin
- MTF available
- Research
- Yes - in-house research
Strengths (published)
- Long-established full-service broker with wide product coverage
- Free trading API for IIFL customers
- Flat ₹20 per-order F&O pricing available
Limitations
- Delivery/intraday pricing is percentage- and plan-based, harder to compare on a single figure
- Interface and onboarding trail the newest discount brokers
Who is it best for?
Traders who want a full-service broker with research and a free API, and who trade mainly F&O at flat pricing.
This profile is compiled only from the sources listed below. Fields marked Not Disclosed mean no verifiable published figure existed at review time - we never estimate or infer. This is information, not investment advice, and this site has no relationship with IIFL Securities.
Frequently asked questions
What brokerage does IIFL Securities charge?
Per its official pricing at our last review: delivery 0.25% per order on the standard plan; lower-percentage and flat plans available - see official pricing; intraday 0.05% per order on the standard plan - see official pricing; F&O ₹20 per order (flat). Statutory charges apply on top. Verify the current schedule on the official pricing page, as rates change without notice.
Does IIFL Securities offer a trading API?
Yes - IIFL Securities API. Published pricing: Free for IIFL customers (per official pages). See the official documentation for rate limits and terms.
How fast is IIFL Securities's order execution?
The published figure is ≈ 95 ms (median), from a published third-party comparison. It is approximate, not independently audited, and varies with device, network and market conditions.
Who is IIFL Securities best suited for?
Traders who want a full-service broker with research and a free API, and who trade mainly F&O at flat pricing.
Related brokers
- Zerodha
Discount broker
- Upstox
Discount broker
- Groww
Discount broker
- Angel One
Discount broker (full-service heritage)
- Dhan
Discount broker
- Fyers
Discount broker
Head-to-head comparisons
- IIFL Securities vs Zerodha
- IIFL Securities vs Upstox
- IIFL Securities vs Groww
- IIFL Securities vs Angel One
- IIFL Securities vs Dhan
- IIFL Securities vs Fyers
- IIFL Securities vs ICICI Direct
- IIFL Securities vs Kotak Neo (Kotak Securities)
Sources
- IIFL Securities - official website - https://www.iiflcapital.com
- IIFL Securities - official pricing page - https://www.iiflcapital.com/brokerage-charges
- IIFL Securities - official API page - https://www.iiflcapital.com
- AlgoTest Broker Speedtest - https://openbroker.in/ (Independent, live place-order latency measured by AlgoTest and refreshed every 15 minutes during market hours. The figure shown is the median of AlgoTest’s 15-minute measurement windows; latency varies with network path and market conditions.)