Zerodha - Open Online Account

Sharekhan Vs IIFL Securities (Compare Sharekhan and IIFL Securities)

The side-by-side comparison of Sharekhan and IIFL Securities. Compare Sharekhan Vs IIFL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs IIFL Securities?


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


IIFL Securities
Incorporated in 1995, IIFL Securities is a stock broker part of IIFL Group. IIFL Group a leading financial service provider in India offering a wide range of services. It 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 including Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds etc. They ... Know more about IIFL Securities Limited

Expand

Sharekhan Vs IIFL Securities

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

  Sharekhan IIFL Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX NSE, BSE, MCX
Account Type Classic Account Flat Brokerage Plan (FBP)
Year of Incorporation 2000 1996
Number of Branches 2800 900
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
Enquire SharekhanEnquire IIFL Securities
Expand

Sharekhan Vs IIFL Securities Charges & AMC

Sharekhan trading account opening charges is ₹0 (Free) while IIFL Securities account opening changes is ₹750. Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year) and IIFL Securities Demat Account AMC Charges is ₹400 per year.

  Sharekhan IIFL Securities
Trading Account Opening Charges ₹0 (Free) ₹750
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹400 (Free for 1st year) ₹400 per year
Expand

Sharekhan Vs IIFL Securities Brokerage Charges & Plans

Sharekhan Vs IIFL Securities Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

  Sharekhan IIFL Securities
Account Type Classic Account Flat Brokerage Plan (FBP)
Fixed Charges
Equity Delivery Brokerage 0.50% 0.50%
Equity Intraday Brokerage 0.10% 0.05%
Equity Futures Brokerage 0.10% 0.05%
Equity Options Brokerage ₹50 per lot 1% of Premium or ₹100 per lot, whichever is high
Currency Futures Trading Brokerage 0.10% 0.05%
Currency Options Trading Brokerage ₹30 per lot 1% of Premium or ₹100 per lot, whichever is high
Commodity Futures Trading Brokerage 0.03% 0.05%
Commodity Options Trading Brokerage 0.03% 1% of Premium or ₹100 per lot, whichever is high
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Sharekhan Vs IIFL Securities Brokerage Plan 2

  Sharekhan IIFL Securities
Account Type Prepaid - ₹1 Lakh Variable Brokerage Plan (VBP)
Fixed Charges ₹1,00,000 per year NA
Equity Delivery Brokerage 0.10% 0.15% to 0.60%
Equity Intraday Brokerage 0.015% 0.02% to 0.05%
Equity Futures Brokerage 0.015% 0.02% to 0.05%
Equity Options Brokerage 0.05% or ₹63 per lot 1% to 2.5% of premium or ₹100 per lot, whichever is higher
Currency Futures Trading Brokerage 0.02% to 0.05%
Currency Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i
Commodity Futures Trading Brokerage 0.02% to 0.05%
Commodity Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i
Enquire SharekhanEnquire IIFL Securities

Sharekhan Vs IIFL Securities Brokerage Plan 3

  Sharekhan IIFL Securities
Account Type Margin - ₹1 Lakh Advance Brokerage Plan (Prepaid)
Fixed Charges ₹1,00,000 margin ₹5,000 to ₹1,00,000
Equity Delivery Brokerage 0.25% 0.35% to 0.05%
Equity Intraday Brokerage 0.05% 0.04% to 0.01%
Equity Futures Brokerage 0.05% 0.04% to 0.01%
Equity Options Brokerage 1% or ₹70 per lot 1% of premium to flat ₹20 per lot
Currency Futures Trading Brokerage 0.04% to 0.01%
Currency Options Trading Brokerage 1% of premium to flat ₹20 per lot
Commodity Futures Trading Brokerage 0.04% to 0.01%
Commodity Options Trading Brokerage 1% of premium to flat ₹20 per lot
Enquire SharekhanEnquire IIFL Securities

Sharekhan Charges Vs IIFL Securities

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹0.05 per share (₹25 Min)
Other Brokerage Charges Advisory SMS - ₹50 per month
Call & Trade Charges Rs 20 ₹50 per call
Expand

Sharekhan Vs IIFL Securities Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while IIFL Securities exchange transaction charges for options is 0.051% on premium.

  Sharekhan IIFL Securities
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.00325%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.00325%
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) 0.0021%
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) 0.051% on premium
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) 0.0021%
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) 0.051% on premium
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) 0.0028%
Enquire SharekhanEnquire IIFL Securities
Expand

Sharekhan Vs IIFL Securities Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.

  Sharekhan IIFL Securities
Equity Delivery Upto 5x with 24% interest per year Upto 3x (18% Annual Interest)
Equity Intraday Upto 10x Upto 20x
Equity Futures 2x for Intraday Upto 3x
Equity Options Nil 3x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil 2x for shorting
Commodity Futures Upto 2x for Intraday Upto 3x
Commodity Options
Enquire SharekhanEnquire IIFL Securities
Expand

Compare Sharekhan and IIFL Securities Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

  Sharekhan IIFL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
Referral Program
Enquire SharekhanEnquire IIFL Securities
Expand

Sharekhan Vs IIFL Securities Review

Sharekhan is rated 3.3 of 5 based on 288 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 110 customer reviews.

  Sharekhan IIFL Securities
  288 Customer Reviews    Rate Sharekhan 110 Customer Reviews    Rate IIFL Securities
Fees 3.1 2.8
Trading Brokerage 2.9 2.6
Trading Platform Usability 3.7 3.3
Customer Service 3.3 2.7
Research Capabilities 3.3 3.7
Overall Ratings Rated 3.3 stars Rated 2.7 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 288 customer reviews IIFL Securities is rated 2.7 of 5 based on 110 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire IIFL Securities Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Expand

Sharekhan Vs IIFL Securities Investment Options

  Sharekhan IIFL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading Insurance
Expand

Sharekhan Vs IIFL Securities Order Type Offered

  Sharekhan IIFL Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Enquire SharekhanEnquire IIFL Securities
Expand

Sharekhan Vs IIFL Securities Research Report

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

Sharekhan Vs IIFL Securities Suitable For Investor Type

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

Sharekhan Vs IIFL Securities - Advantages and Disadvantages

  Sharekhan IIFL Securities
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Enquire SharekhanEnquire IIFL Securities

Compare More Brokers...

Sharekhan IIFL Securities
Compare More Brokers:






Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App