IIFL | Algo Trading

IIFL Broker Information

:For any queries reach out to us!

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IIFL on AlgoTest

IIFL Account Offer for AlgoTest users:

Benefits:

• Discounted Brokerage - Rs.4/Lot or Rs.20/order
• No API Fees
• Can Buy Deep ITM or Far OTM Options in NRML
• No Cash/Cash equivalent required for Intraday trades. Can entirely be done on pledged margin
• Exchange charges as per actual discounted rate of NSE (Rs 3500/Cr approx)

IIFL Referral Link

https://cutt.ly/mMMmfrn

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Plan is activated by us. So please inform us after F&O activation on telegram:- https://telegram.me/AlgoTest_Support_Sahil

IIFL Account Opening Link

https://cutt.ly/mMMmfrn

IIFL Blaze TradingTerminal

https://ttblaze.iifl.com/

IIFL Blaze API Portal

https://ttblaze.iifl.com/dashboard#!/login

IIFL Customer Support

https://www.indiainfoline.com/contactus

IIFL API Charges

Free
Enjoy discount on brokerages with IIFL on AlgoTest. :::

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What You’ll Need For IIFL Algo Trading

AlgoTest Account

You need to have an AlgoTest account. If you don’t have an AlgoTest account, you can create it by clicking on this link.

IIFL Account

You need to have an active Demat account in IIFL. If you don’t have an account, create an account on IIFL. Make sure to activate F&O on your account. You can check the status of F&O in your IIFL account in TTWeb Terminal. To check status, login and Go to Dashboard -> My Account -> My Details -> Trading Preference

IIFL Blaze Terminal

You need to have IIFL Blaze Terminal activated on your IIFL demat account.

Blaze Terminal and Blaze API Activation

• To activate Blaze Terminal on your IIFL account, first you need to request Blaze Terminal and API activation at ttblazesupport@iifl.com from your registered Email ID. Make sure to mention Your Client ID, Name, Mobile Number, Email ID, PAN Number, Date of Birth, city and Email ID as shown in the image below.

• You will get Blaze Terminal ID Password on mail within 24 working hours. Now go to https://ttblaze.iifl.com/ and login using the ID Password that you got on mail.

• Now our Blaze Trading Terminal is successfully logged in. Now we need to Activate API on Blaze XTS API Portal. Go to https://ttblaze.iifl.com/dashboard#!/login and click on create new account.

  note

  IIFL Blaze Trading Terminal is a trading terminal where you can manage your Algo position or can execute manually. IIFL XTS API Portal is used to create and manage API.

  

• Enter all the required information and in user id enter the client ID that you use in XTS Trading Terminal. In the password field, you can enter any random password. Click on Signup.

• We have successfully created an account on Blaze API Portal. Login on API Portal using this link https://ttblaze.iifl.com/dashboard#!/login

• Now we need to create 2 API Apps on API Portal.
  • Interactive Order API
  • Market Data API
• Now click on My app, then create a new application. It will ask for validation. Enter the ID Password that you use for Blaze Trading Terminal. After validation is completed, click on create new application.

• First we are creating an Interactive Order API. So enter a random name in App name, a random description in API Description box and select Interactive Order API and click on Create New Application button.

• Now you will see an Interactive Order API is created as shown below.

• Now we have to create a Market Data API. To create a Market Data API, click on My App and then click on create new application.

• Now enter a random name in App name, a random description in API Description box and select Market Data API and click on Create New Application button.

• Now you can see that there are 2 API apps created on API Dashboard. They are showing Inactive status. They will be active within 24 working hours.

• Once the status shows active, we just have to copy API Key and API Secret from Interactive Order and Market Data and paste that into AlgoTest Broker Setup Page.

Connecting IIFL with AlgoTest

• To connect IIFL with AlgoTest, go to AlgoTest.in. Click on the profile icon at the top right and select Broker Setup.

• Click on the setup icon located on the right side of the IIFL.

• Copy the API Key and API Secret from Interactive Data API from Blaze API Dashboard and paste it into AlgoTest as shown in the image.

• Now copy the API Key and API Secret from Market Data API in XTS API Dashboard and paste it into algotest as shown in the image and click on Add AC Aggarwal.

• We have successfully added IIFL Broker to our AlgoTest Account. Now we just have to login to Wisdom Capital in AlgoTest. To log in, click on the Login button.

  Note :- Broker Login timing is 08:30 AM to 3:28 PM

• Once you are logged in, the system will display a status message confirming your login status, as shown in the image below.

IIFL Securities: An Overview

IIFL Securities, part of the India Infoline Group, is one of India's leading full-service brokerage firms. The company offers a wide range of financial services, including equity, derivatives, commodities, currency trading, mutual funds, IPOs, and personal finance solutions such as loans and insurance. With a strong presence in the market, IIFL Securities is recognized for its robust trading platforms like the IIFL Trader Terminal and comprehensive customer support.

The platform offers both web and mobile trading access, allowing clients to manage their investments seamlessly. IIFL Securities provides advanced tools, research reports, and a variety of investment products tailored to meet the needs of both retail and institutional investors.

What You Can Do with IIFL Securities

• Open a Trading and Demat Account: Start trading in multiple segments, including equities, derivatives, commodities, and currencies by opening an account with IIFL Securities.

• Use the IIFL Trader Terminal: Access the IIFL Trader Terminal for real-time data, advanced charting, and various trading tools.

• Invest in Mutual Funds and IPOs: Diversify your portfolio by investing in mutual funds and initial public offerings (IPOs).

• Get Personalized Research and Advisory: Leverage IIFL's in-depth research reports, market insights, and personalized advisory services to make informed investment decisions.

• Manage Your Credit Profile: Use the IIFL CIBIL Score feature to check and manage your credit score.

IIFL Securities Charges

Account Opening Charges

• Trading Account Opening Fee: ₹0 (Free)

• Demat Account Opening Fee: ₹0 (Free)

Annual Maintenance Charges (AMC)

• Demat Account AMC: ₹250 per annum

Brokerage Charges

• Equity Delivery: 0.25% per order

• Equity Intraday: 0.05% per order

• Futures: ₹20 per order

• Options: ₹20 per lot

• Currency and Commodity Trading: ₹20 per order

Other Charges

• Call and Trade Charges: ₹50 per call

• DP Charges: ₹13.5 per debit transaction

FAQs for IIFL Securities**

1. What is the full form of IIFL?

IIFL stands for India Infoline Finance Limited.

2. Is IIFL a trusted company?

Yes, IIFL is a trusted financial services company in India with a strong reputation for its comprehensive brokerage services and robust customer support.

3. Is IIFL Securities a good company for trading?

Yes, IIFL Securities is considered a good company for trading due to its wide range of services, advanced trading platforms, and extensive research offerings.

4. What are the charges for IIFL Securities?

IIFL Securities charges 0.25% per order for equity delivery, 0.05% per order for equity intraday, and ₹20 per order for futures, options, currency, and commodity trading.

5. Who is the owner of IIFL Group?

IIFL Group was founded by Nirmal Jain, who currently serves as the chairman.

6. How do I connect to IIFL customer care?

You can contact IIFL customer care via their toll-free number, email, or WhatsApp for any queries or support.
Customer care number for IIFL is - 1860-267-3000 / 7039-050-000.

7. What is IIFL Trader Terminal?

The IIFL Trader Terminal is a trading platform offered by IIFL Securities that provides real-time market data, advanced charting tools, and various trading features.

8. Is IIFL RBI approved?

Yes, IIFL is registered with SEBI and is also a Non-Banking Financial Company (NBFC) registered with the RBI.

9. What is the future of IIFL?

IIFL continues to expand its services and reach, leveraging technology and innovation to cater to a broader audience of investors and traders.

10. What is the WhatsApp loan number for IIFL?

You can reach IIFL's loan services via WhatsApp at +91-9892691696.