Reviewed by Neil, Founder, PaisaTrade.in · Updated 2026-09-29
IIFL Securities Review 2026
Your Gateway to Wealth Creation — Complete brokerage analysis, charges breakdown, platform review, and honest verdict for Indian investors.
Full-service research + flat-fee discount plan
Brokerage
₹20
AMC
₹300/year
Active Clients
4 Lakh
Founded
1995
About IIFL Securities
IIFL Securities is one of India's most recognized stock brokers, registered with SEBI (Registration No: INZ000164132). Founded in 1995 and headquartered in Mumbai, Maharashtra, IIFL Securities has built a strong reputation in the Indian capital markets. With over 4 Lakh active NSE clients, a growing broker with a loyal client base in terms of registered clients.
As a full-service broker, IIFL Securities offers trading across Equity, F&O, Currency, Commodity, Mutual Funds, IPO segments. The broker operates a full-featured desktop-first trading infrastructure, catering primarily to investors wanting research + lower cost than traditional brokers.
The brokerage model at IIFL Securities is research-driven. The broker charges percentage-based fees in exchange for dedicated advisory, research reports, and relationship manager services.
Account Opening Process
Opening an account with IIFL Securities is a fully online, paperless process. You need your PAN card, Aadhaar, bank account details, and a signature image. The KYC verification is Aadhaar-based (eKYC) and typically completes within 24–48 hours. Account opening fee is ₹0.
Brokerage Calculation Example
Let's say you buy 100 shares of Reliance at ₹2,800 (total value = ₹2,80,000):
Margin & Leverage
For intraday equity trades, IIFL Securities provides Up to 5x leverage. For F&O, margin requirements follow SEBI's SPAN + Exposure framework set by the exchanges. Note: As per SEBI regulations, naked short selling in options requires full premium upfront, and margin pledge requirements were updated in 2021.
IIFL Securities offers margin funding through its NBFC arm, with competitive interest rates for maintaining leveraged positions.
Tax & Compliance Features
IIFL Securities provides detailed P&L statements, tax P&L reports (for ITR filing), and SEBI-compliant contract notes for every executed trade. These are accessible from the web platform and downloadable as PDFs. For mutual fund investments, IIFL Securities provides capital gains statements aligned with LTCG/STCG tax brackets.
SEBI Registration & Safety
IIFL Securities is registered with SEBI under registration number INZ000164132. Client funds are held separately from the broker's own funds as per SEBI's client asset segregation norms. IIFL Securities is also a registered member of NSE, BSE, MCX, and NCDEX (where applicable). Your demat account is held with NSDL or CDSL — separate from the broker — ensuring your securities are safe even if the broker faces financial difficulties.
Active Client Base
4 Lakh
Active NSE Clients (2026)
#17
NSE Rank by Active Clients
IIFL Securities ranks #17 among all NSE-registered stockbrokers by active client count. NSE publishes this data monthly — IIFL Securities's consistent presence in the top 20 reflects strong client retention and new account growth. The broker primarily serves investors wanting research + lower cost than traditional brokers.
IIFL Securities mein invest karo,
PaisaTrade se seekho.
IIFL Securities aapko trading platform deta hai — PaisaTrade aapko woh knowledge deta hai jo chahiye sahi decisions lene ke liye. Hamare structured courses, paper trading simulator, aur Sensa AI se apni trading skills develop karo — risk-free.