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.