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Espresso Sharekhan Vs IIFL Securities (Compare Espresso Sharekhan and IIFL Securities)

Espresso Sharekhan Logo

About Espresso Sharekhan
Espresso is an online discount broking business of Sharekhan Limited. It was launched by Sharekhan in the year 2020 to compete with online flat fee brokers like Zerodha and Upstox. Espresso is a SEBI registered broker and a member of BSE, NSE, MCX, and CDSL. Espresso offers to trade in Stocks, Equity Derivatives, Currency, and Commodity trading. Espresso charges zero brokerage for Equity Delivery trades and on loss-making intraday trades. It follows Pay Only When You Profit pricing model. They... Know more about Espresso Sharekhan

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

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Espresso Sharekhan Vs IIFL Securities

Incorporated in 2020, Espresso Sharekhan is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

  Espresso Sharekhan IIFL Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX
Year of Incorporation 2020 1996
Number of Branches 0 900
Open Espresso Sharekhan AccountOpen IIFL Securities Account

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Espresso Sharekhan Vs IIFL Securities Charges & AMC

Espresso Sharekhan trading account opening charges is Rs 354 while IIFL Securities account opening changes is Rs 0 (Free). Espresso Sharekhan Demat Account AMC Charges is Rs 400 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

  Espresso Sharekhan IIFL Securities
Trading Account Opening Charges Rs 354 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 400 Rs 250 (Free for 1st year)

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Espresso Sharekhan Vs IIFL Securities Brokerage

Espresso Sharekhan brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lowe whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type Espresso Sharekhan Default IIFL Securities iServe
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 20 per order
Equity Intraday Rs 20 per executed order or .03% whichever is lowe Rs 20 per order
Equity Futures Rs 20 per executed order or .03% whichever is lowe Rs 20 per order
Equity Options Rs 20 per executed order Rs 20 per order
Currency Futures Rs 20 per executed order or .03% whichever is lowe Rs 20 per order
Currency Options Rs 20 per executed order Rs 20 per order
Commodity Futures Rs 20 per executed order or .03% whichever is lowe Rs 20 per order
Commodity Options Rs 20 per executed order Rs 20 per order
Special Offer
Special Offer: Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Espresso Sharekhan Charges Vs IIFL Securities

Minimum Brokerage 0.03% in Intraday and F&O
Other Charges Equity Delivery Margin Order Brokerage: Rs 20 per trade Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per executed order Rs 50 per call

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Espresso Sharekhan Vs IIFL Securities Transaction Charges

Espresso Sharekhan transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while IIFL Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Espresso Sharekhan IIFL Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Non-Agri: Rs 260 per Cr (0.0026%) ; Agri: Rs 175 per Cr (0.00175%) except Castor Seed Rs 50 per Cr ( Group A - Rs 280 per Cr (0.0028%)
Open Espresso Sharekhan AccountOpen IIFL Securities Account

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Espresso Sharekhan Vs IIFL Securities Leverage (Margin)

Espresso Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Espresso Sharekhan IIFL Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Espresso Sharekhan AccountOpen IIFL Securities Account

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Compare Espresso Sharekhan and IIFL Securities Features

The trading platforms offered Espresso Sharekhan include Mobile, Web and Installable Trading Terminal. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

  Espresso Sharekhan IIFL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No
Trading Platform Mobile, Web and Installable Trading Terminal IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time 3:10 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open Espresso Sharekhan AccountOpen IIFL Securities Account

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Espresso Sharekhan Vs IIFL Securities Review

Espresso Sharekhan is rated 3.2 of 5 based on 69 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 130 customer reviews.

  Espresso Sharekhan IIFL Securities
  69 Customer Reviews    Rate Espresso Sharekhan 130 Customer Reviews    Rate IIFL Securities
Fees 3.4 2.8
Brokerage 3.3 2.6
Trading Platform 3.3 3.2
Customer Service 3.3 2.6
Research Capabilities 3.4 3.0
Overall Ratings Rated 3.2 stars Rated 2.6 stars
Broker Rating Espresso Sharekhan is rated 3.2 of 5 based on 69 customer reviews IIFL Securities is rated 2.6 of 5 based on 130 customer reviews

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Contact Broker / Request A Call Back

  Espresso Sharekhan Enquire IIFL Securities Enquire
Contact Broker Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today. Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

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Espresso Sharekhan Vs IIFL Securities Investment Options

  Espresso Sharekhan IIFL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

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Espresso Sharekhan Vs IIFL Securities Order Type Offered

  Espresso Sharekhan IIFL Securities
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open Espresso Sharekhan AccountOpen IIFL Securities Account

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Espresso Sharekhan Vs IIFL Securities Research Report

  Espresso Sharekhan IIFL Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Espresso Sharekhan Vs IIFL Securities Suitable For Investor Type

  Espresso Sharekhan IIFL Securities
Casual Investor
Active Investor Yes
Trader Yes Yes

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Espresso Sharekhan Vs IIFL Securities - Pros and Cons

  Espresso Sharekhan IIFL Securities
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
Cons
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
Reviews
Promo / Offers

Espresso Sharekhan Special Offer

Free Equity Delivery Trading + Pay only when you profit in Intraday

  • Zero Account Opening Fee +
  • Brokerage-free Equity Delivery and loss making intraday trades +
  • Flat Rs 20 per trade brokerage for Intraday (profit trades) & F&O +
  • Trade with trusted sharekhan brand.

This is a limited-time offer. Open Instant Espresso Account online and start trading today.

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open Espresso Sharekhan AccountOpen IIFL Securities Account

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