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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

IIFL Securities — India

Key facts (8)

Who actually onboards you
IIFL Securities Ltd
Licence number
INZ000164132
Established
1996group
Min deposit, USD
not stated
Platforms
IIFL Markets mobile app · TT Web trading platform
Local funding
UPI, net-banking.
Max leverage
not stated
EURUSD
not priced

This broker against the India middle (52 of 91)

IIFL SecuritiesIndia median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, h24 hours hgroup48.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established1996group2008.0
Platforms23

Accepts residents of India

Yes

Score (4/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
INZ000164132
Checked
2026-07-09

Register

Who actually onboards you

IIFL Securities Ltd

Entity not established

IIFL Securities Ltd (India Infoline / IIFL Capital), Mumbai.

Public rating and its base

Reviews
no data

Round turn against the local middle (52 of 91)

Round turn, USD
not priced
Median
6.0 USD

Getting money out

Withdrawal, h
24 hours hgroup

From the entry account upwards

Demat+Trading; percentage-based and flat/subscription plans.

Terminals, markets, instrument counts (2)

IIFL Markets mobile app · TT Web trading platform

Equity delivery/intraday, F&O, commodity, currency, IPO, US stocks, ETF, AIF, PMS, mutual funds.

What works and what to watch

Pros (2)

  • Licensed locally: INZ000164132
  • Withdrawal published at 24 hours h

Cons (3)

  • Carries a regulator warning; excluded from beginner and most-established lists
  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

Profits, and what India takes

Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (4)

Does IIFL Securities accept residents of India?

Yes.

Which entity onboards a India client of IIFL Securities?

IIFL Securities Ltd

What licence does IIFL Securities hold for India?

Licence INZ000164132.

How long does a withdrawal from IIFL Securities take?

24 hours hours as published. Funds get credited in your registered bank account in 24 hours