Broker comparison

IIFL Securities vs Sahi (2026): Brokerage, API, AMC & Execution Compared

Q: IIFL Securities vs Sahi: which has lower delivery brokerage?

At our last review, IIFL Securities published delivery brokerage as "0.25% per order (Investor Plan - Online Plus, per official rate card)" 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.

Q: 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.

Q: 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.

Q: Is IIFL Securities cheaper than Sahi?

On our four example trades (intraday, delivery, options and futures), IIFL Securities is cheaper on 0, Sahi on 3, and 0 are tied, with the rest not modelled from published pricing. Statutory charges are identical, so any difference comes from brokerage.

Q: 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.

Side-by-side comparison of IIFL Securities and Sahi from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

0 – 3Cheaper on example trades (IIFL Securities – Sahi)
5 – 4Published features (of 9)

IIFL Securities vs Sahi — published pricing and features (official sources at last review)
Metric	IIFL Securities	Sahi
Delivery brokerage	0.25% per order (Investor Plan - Online Plus, per official rate card)	₹10 or 0.05% per order (whichever is lower)
Intraday brokerage	0.025% per order (Investor Plan - Online Plus)	₹10 or 0.05% per order (whichever is lower)
F&O brokerage	Futures 0.025% per order; options ₹25 per lot (Investor Plan - Online Plus)	₹10 per order (flat)
AMC	Free first year, then ₹250 + GST per year	₹0
Account opening	Free (₹0 online)	Free (online)
Trading API	IIFL Securities API	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 available - no public API on the official site
Platforms	IIFL Markets app, IIFL web (Trading Terminal), IIFL NEST desktop	Sahi app, Sahi web, Sahi desktop
Best for (published)	Investors who want a full-service broker with in-house research and wide product coverage.	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.

Cost face-off: what real trades cost

Total charges per round trip, brokerage + all statutory charges (NSE)
Trade	IIFL Securities	Sahi	Cheaper
Intraday: ₹1 lakh buy & sell	₹95.06	₹59.37	Sahi (saves ₹35.69)
Delivery: ₹50,000 buy & sell	₹441.53	₹155.38	Sahi (saves ₹286.15)
Options: premium ₹100 × 75	Not modelled	₹42.83	-
Futures: ₹24,000 × 75	₹2,083.06	₹1,043.55	Sahi (saves ₹1,039.51)

Illustrative quantities. Try your own trade in the compare-all brokerage calculator.

Feature check

Feature	IIFL Securities	Sahi
Free delivery	–	–
Zero AMC	–	✓
Free API	–	–
TradingView	–	–
MCX commodity	✓	✓
Mutual funds	✓	–
IPO	✓	✓
Research desk	✓	–
Published speed	✓	✓

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

Related comparisons

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 (Investor Plan - Online Plus, per official rate card)" 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.

Is IIFL Securities cheaper than Sahi?

On our four example trades (intraday, delivery, options and futures), IIFL Securities is cheaper on 0, Sahi on 3, and 0 are tied, with the rest not modelled from published pricing. Statutory charges are identical, so any difference comes from brokerage.

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