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

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 Account	Open IIFL Securities Account

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)

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

Espresso Sharekhan Vs IIFL Securities Transaction Charges

Espresso Sharekhan transaction charges for options is NSE 0.053% on premium while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).

	Espresso Sharekhan	IIFL Securities
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%)	Rs 325 per Cr (0.00325%)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%)	Rs 325 per Cr (0.00325%)
Equity Futures	NSE Rs 200 per Cr (0.0020%)	Rs 210 per Cr (0.0021%)
Equity Options	NSE 0.053% on premium	Rs 5100 per Cr (0.051%) (on premium)
Currency Futures	NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)	Rs 210 per Cr (0.0021%)
Currency Options	NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%)	Rs 5100 per Cr (0.051%) (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 Account	Open IIFL Securities Account

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 Account	Open IIFL Securities Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Other Features
	Open Espresso Sharekhan Account	Open IIFL Securities Account

Espresso Sharekhan Vs IIFL Securities Review

Espresso Sharekhan is rated 3.3 of 5 based on 68 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 128 customer reviews.

	Espresso Sharekhan	IIFL Securities
	68 Customer Reviews	128 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Espresso Sharekhan is rated 3.3 of 5 based on 68 customer reviews	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews

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Espresso Sharekhan Vs IIFL Securities Investment Options

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

Espresso Sharekhan Vs IIFL Securities Order Type Offered

	Espresso Sharekhan	IIFL Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Espresso Sharekhan Account	Open IIFL Securities Account

Espresso Sharekhan Vs IIFL Securities Research Report

	Espresso Sharekhan	IIFL Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Espresso Sharekhan Vs IIFL Securities Suitable For Investor Type

	Espresso Sharekhan	IIFL Securities
Casual Investor
Active Investor
Trader

Espresso Sharekhan Vs IIFL Securities - Pros and Cons

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