Broker comparison
IIFL Securities vs Sahi (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of IIFL Securities and Sahi from published official pricing and features — no affiliation with either broker.
| Metric | IIFL Securities | Sahi |
|---|---|---|
| Delivery brokerage | 0.25% per order on the standard plan; lower-percentage and flat plans available - see official pricing | ₹10 or 0.05% per order (whichever is lower) |
| Intraday brokerage | 0.05% per order on the standard plan - see official pricing | ₹10 or 0.05% per order (whichever is lower) |
| F&O brokerage | ₹20 per order (flat) | ₹10 per order (flat) |
| AMC | Free first year, then ₹250–₹450 per year depending on plan | ₹0 |
| Account opening | Free (₹0 online) | Free (online) |
| Trading API | IIFL Securities API — Free for IIFL customers (per official pages) | Not Disclosed |
| Reported execution speed | ≈ 95 ms (median) | P95 < 6.61 ms · mean ≈ 5.9 msself-reported |
| Algo support | Yes - via IIFL trading API | Not yet - public API is on the roadmap per the broker |
| Platforms | IIFL Markets app, IIFL web (Trading Terminal), IIFL NEST desktop | Sahi app, Sahi web, Sahi desktop |
| Best for (published) | Traders who want a full-service broker with research and a free API, and who trade mainly F&O at flat pricing. | Active F&O and intraday traders who want the lowest flat per-order fee and modern charting. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
What the published data shows
IIFL Securities has a documented public API; Sahi does not (at review time). Both publish execution-speed figures (IIFL Securities: ≈ 95 ms (median); Sahi: P95 < 6.61 ms · mean ≈ 5.9 ms) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- IIFL Securities full profile
- Sahi full profile
- IIFL Securities brokerage calculator
- Sahi brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
IIFL Securities vs Sahi: which has lower delivery brokerage?
At our last review, IIFL Securities published delivery brokerage as "0.25% per order on the standard plan; lower-percentage and flat plans available - see official pricing" and Sahi as "₹10 or 0.05% per order (whichever is lower)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does IIFL Securities or Sahi have a trading API?
IIFL Securities has a documented API (IIFL Securities API). Sahi had no verifiable public API on its official site at review time.
Which is faster — IIFL Securities or Sahi?
IIFL Securities publishes ≈ 95 ms (median); Sahi publishes P95 < 6.61 ms · mean ≈ 5.9 ms. Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- IIFL Securities - official website - https://www.iiflcapital.com
- IIFL Securities - official pricing - https://www.iiflcapital.com/brokerage-charges
- Sahi - official website - https://www.sahi.com
- Sahi - official pricing - https://www.sahi.com/pricing