IIFL Securities Vs ProStocks Vs Groww: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. The broker ProStocks and Groww are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, ProStocks is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs ProStocks vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs ProStocks vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs ProStocks vs Groww in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare IIFL Securities vs ProStocks vs Groww on Service

	IIFL Securities	ProStocks	Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE	NSE, BSE
Broker Overview	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...	Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...
Broker Enquiry

Account Opening Charges and AMC

Compare IIFL Securities vs ProStocks vs Groww on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs ProStocks vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs ProStocks vs Groww
Charges	IIFL Securities	ProStocks	Groww
Trading Account Opening Fees	Free	Free	Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 250 PA (Free for 1st year)	Rs 0 (Rs 1000 Refundable Deposit)	Free
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs ProStocks vs Groww on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs ProStocks vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where IIFL Securities and Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where IIFL Securities and Groww doesn't offer.

Compare IIFL Securities vs ProStocks vs Groww on Plan Options
Plan Types	IIFL Securities	ProStocks	Groww
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Zerodha	ProStocks
Account Opening Request	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare IIFL Securities vs ProStocks vs Growwon Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare IIFL Securities vs ProStocks vs Groww
Brokerage Charges Compare	IIFL Securities	ProStocks	Groww
Plan Name	IIFL iSERVE Brokerage Plan	Flat Fee Rs 15 Trading Plan	Flat Brokerage Plan
Equity Delivery	Flat Rs 20 per order	Free	0.05% or Rs 20 whichever is lower
Equity Intraday	Flat Rs 20 per order	Flat Fee Rs 15	0.05% or Rs 20 whichever is lower
Equity Futures	Flat Rs 20 per order	Flat Fee Rs 15	Flat Fee Rs 20
Equity Options	Flat Rs 20 per order	Flat Fee Rs 15	Flat Fee Rs 20
Currency Futures	Flat Rs 20 per order	Flat Fee Rs 15	Not Available
Currency Options	Flat Rs 20 per order	Flat Fee Rs 15	Not Available
Commodity Trading	Flat Rs 20 per order	NA	Not Available
Minimum Brokerage		NA
Hidden Charges	Info Not Available	No
Call & Trade Charges	Rs 50 Per Call + GST	Delivery Rs 25, Intraday and F&O Rs 10 per executed order	Rs 50 Per Executable Order
Auto Square off Charges	Rs 50 Per Call + GST	Delivery Rs 25, Intraday and F&O Rs 10 per executed order	Rs 50 Per Executable Order
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for ProStocks	Brokerage Calculator for Groww

Share Broker's Transaction Charges

Compare IIFL Securities vs ProStocks vs Groww on Transaction Charges

Compare IIFL Securities vs ProStocks vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs ProStocks vs Groww
Transaction Charges Compare	IIFL Securities	ProStocks	Groww
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	NA	NA
Brokerage Charges	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for prostocks	Complete Brokerage Plans for groww

Account Features

Compare IIFL Securities vs ProStocks vs Groww on Account Features

Compare IIFL Securities vs ProStocks vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Groww offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - IIFL Securities and ProStocks offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - IIFL Securities vs ProStocks vs Groww
Account Features Compare	IIFL Securities	ProStocks	Groww
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:10 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare IIFL Securities vs ProStocks vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs ProStocks vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities vs ProStocks vs Groww
Trading Platform Compare	IIFL Securities	ProStocks	Groww
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	https://www.prostocksweb.com/	Yes
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	IIFL Markets	Star ProStocks	Groww App
Mobile Trading App Demo	IIFL Markets Demo	Star ProStocks Demo	Groww App Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod Star ProStocks Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS Star ProStocks Download	iOS Groww App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for ProStocks	Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for ProStocks	Futures Brokerage Calculator for Groww
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for ProStocks	Options Brokerage Calculator for Groww
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for prostocks	Detail on Trading Platforms for groww

Broker Ratings by Users

Compare IIFL Securities vs ProStocks vs Groww on User Rating

	IIFL Securities	ProStocks	Groww
	82 Customer Reviews	20 Customer Reviews	20 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	ProStocks is Rated 0.9 / 5 based on 20 customer reviews	Groww is Rated 1.7 / 5 based on 20 customer reviews

Investment Offerings

Compare IIFL Securities vs ProStocks vs Groww on Investment Offerings

Compare IIFL Securities vs ProStocks vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - IIFL Securities offers Commodity Trading where ProStocks and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - IIFL Securities and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where ProStocks and Groww doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs ProStocks vs Groww
Investment Offerings Compare	IIFL Securities	ProStocks	Groww
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare IIFL Securities vs ProStocks vs Groww on Customer Service

Compare IIFL Securities vs ProStocks vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs ProStocks vs Groww
Customer Service Compare	IIFL Securities	ProStocks	Groww
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	+91-2262-434343	9108800604
Account Opening Process	Online/Paperless	Online/Paperless	Online
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://www.prostocks.com/faq.html	https://groww.in/academy
Head Office Address	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063	Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034
Website	https://www.indiainfoline.com/	https://www.prostocks.com	https://groww.in/

Tips/Research/Reports Published

Compare IIFL Securities vs ProStocks vs Groww on Research Reports, Tips

Compare IIFL Securities vs ProStocks vs Groww on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs ProStocks vs Groww
	IIFL Securities	ProStocks	Groww
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare IIFL Securities vs ProStocks vs Groww on Demat Account

Compare IIFL Securities vs ProStocks vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs ProStocks vs Groww
	IIFL Securities	ProStocks	Groww
DP Source	CDSL	CDSL	CDSL
DP ID	44700	83200	88700
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	Free (₹1000 Refundable Deposit)	Zero
Advance Deposit	Nil	1000/- Refundable Deposit against charges	Nil
Statutory charges	Nil	Nil	Legal Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹20 per ISIN	₹8 + ₹5.50 CDSL charges
Demat	₹15 per certificate + ₹40 courier charges	₹50 per set up + ₹50 courier charges	₹150 per certificate + courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹50 per set up + ₹50 courier charges	₹150 per certificate + courier charges
Pledge Creation	₹50	₹50	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation	Nil	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure	Nil	₹50	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation	Nil	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation	Nil	₹50	₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges	Nil	₹50 per transaction	₹50
Other Charges

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs ProStocks vs Groww on Special Offers and Promotion

Compare IIFL Securities vs ProStocks vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs ProStocks vs Groww on Special Offers and Promotion
	IIFL Securities	ProStocks	Groww
Likes	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...	Lifetime Zero AMC Demat Account and free delivery trading. Cheapest online trading services at 15 per order brokerage plan. Place an unlimited number of trades by subscribing to ProStocks monthly trading plan. Trade on Free trading platforms; mobile app, website, and desktop trading software. Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API. FoxTrader, is an ultra-modern windows-based automated trading platform. Cheapest intraday call & trade service at just Rs. 10 per trade. Get referral benefits with Prostocks Referral plan. Secure & hassle-free fund transfer via 30+ supported banks. Free instant fund transfer via UPI. Advanced orders like Cover order, Bracket order, basket order, and after-market order. Place Good Till Triggered (GTT) order. Use online tools like brokerage calculator and margin calculator. No PCM fee. No proprietary trading. Detail Review...	Trade or invest in equity, F&O, mutual funds, IPO, US Stocks Rs 0 account opening fee with no AMC Best UI Interface-enabled app and website Equity and F&O trading at Rs 20 maximum brokerage No cost investment in direct mutual funds. TradingView charts and wide range of technical indicators Advance orders like GTT, Target order, and Basket order Get instant and flexible loans on Groww Get the latest trending news and updates on the Groww Digest Detail Review...
Dislikes	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...	It does not offer a 3-in-1 account opening facility. ProStocks does not provide commodity trading services. It does not offer mutual funds investment facility. ProStocks IPO Apply facility is only available on the ProStocks website. It does not provide intraday trading tips, research, and advisory facility. Detail Review...	Does not offer commodity and currency trading No desktop trading terminal Bracket order and cover order are not available No intraday trading tips and stock research reports NRIs cannot open an account in Groww Detail Review...
Special Offers/Promo		ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
	Enquire for IIFL Securities	Enquire for ProStocks	Enquire for Groww

Last Updated on

Transaction Charges Compare	IIFL Securities	ProStocks	Groww
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	NA	NA
Brokerage Charges	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for prostocks	Complete Brokerage Plans for groww