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22%
1.33 

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Heavy brokerage with poor service
Apr 04, 2016 06:07 PM 2871 Views

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I have very bad experience with IIFL.


-They charge very high brokerage that is 0.05 paisa in intraday and 0.5 in delivery. You cant earn profits with this type of heavy brokerage.


-Service is also pathetic, RM dont know anything about the Govt taxes and margins.


-Dealers does unauthorized trade. They also charge call and trade charges.


Trading terminal is good. But there is no sense to continue with this broker.


So I closed my account last year.


So avoid IIFL.


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