IIFL Securities Vs Sharekhan
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs Sharekhan - Broker Details
| IIFL Securities | Sharekhan | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 1995 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX. |
| Branches | 2000+ | 160+ |
| Brokerage | 0.025% | 0.10% |
| Broker Type | Full Service Broker | Discount Broker |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Account Opening & AMC Charges
| IIFL Securities | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | Rs.250 | Rs.0 (Free) |
| Demat Account Opening Charge | Rs.250 | Rs.0 (Free) |
| Demat Account AMC | Rs.0 (1st year Fees) | Rs.400 (Free for 1st year) |
| Trading Account AMC | Rs.0 for the 1st year | Rs.0 (Free) |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Brokerage charges & Plans
| IIFL Securities | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.025% | 0.03% |
| Currency Futures | 0.025% or Rs.20 per lot | 0.10% |
| Equity Delivery | 0.25% | 0.50% |
| Equity Options | Rs.25 per lot | Rs.50 per lot |
| Commodity Options | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 | 0.03% |
| Equity Futures | 0.025% | 0.10% |
| Currency Options | Rs.8 per lot | Rs.30 per lot |
| Fixed Charges | 0.025% | Rs.1,00,000 per year |
| Equity Intraday | 0.025% | 0.10% |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Other Charges
| IIFL Securities | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | Rs.100 | - |
| API Charges | All our APIs are available free of cost. | TradeTiger API at no extra cost. |
| Call & Trade Charges | Rs.0 (free) | Rs.0 (free) |
| Other Brokerage Charges | 0.025% | Rs.1,00,000 per year |
| Minimum Brokerage | 0.025% | 0.10% |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Transaction Charges
| IIFL Securities | Sharekhan | |
|---|---|---|
| Currency Options | Rs.5100 per Cr (0.051%) (On premium) | NSE ₹4220 per Cr (0.04220%)| MCX ₹3220 per Cr (0.03220%) (on premium) |
| Equity Futures | Rs.210 per Cr (0.0021%) | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | Rs.325 per Cr (0.00325%) | NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) |
| Equity Options | Rs.5100 per Cr (0.051%) (On Premium) | NSE ₹5000 per Cr (0.05%)| BSE ₹50 per Cr (0.0005%) (on premium) |
| Commodity | Group A- ₹280 per Cr (0.0028%) | MCX (Non Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) |
| Currency Futures | Rs.210 per Cr (0.0021%) | NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) |
| Equity Delivery | Rs.325 per Cr (0.00325%) | NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Margin (Exposure)
| IIFL Securities | Sharekhan | |
|---|---|---|
| Equity Options | 3 times for shorting | 1 time (SPAN + Exposure) |
| Equity Intraday | Up to 20 times | Up to 10 times |
| Currency Options | 2 times for shorting | NA |
| Commodity Options | Up to 3 times | NA |
| Commodity Futures | Up to 3 times | Up to 2 times for Intraday |
| Equity Delivery | Up to 3 times (18% Annual Interest) | Up to 5 times with 24% interest per year |
| Currency Futures | Up to 2 times | NA |
| Equity Futures | Up to 3 times | 2 time for Intraday |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Features
| IIFL Securities | Sharekhan | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Review & Rating
| IIFL Securities | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Request a call back from Broker
| IIFL Securities | Sharekhan | |
|---|---|---|
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Investment Options
| IIFL Securities | Sharekhan | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Order Type
| IIFL Securities | Sharekhan | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Research & Report
| IIFL Securities | Sharekhan | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Daily Market Report
| IIFL Securities | Sharekhan | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Suitable For Investor
| IIFL Securities | Sharekhan | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Pros & Cons
| IIFL Securities | Sharekhan | |
|---|---|---|
| Pros | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| Cons | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3. It charges a minimum brokerage fee of 10 paisa per stock and would not allow you to trade in stocks below ₹20. 4. The customers who hold Classic account are unable to trade in Commodities. |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Background
| IIFL Securities | Sharekhan | |
|---|---|---|
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Compare All Brokers
| IIFL Securities | Sharekhan | |
|---|---|---|
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Account Opening & AMC Charges
IIFL Securities
Sharekhan
Trading Account Opening Charge
Rs.250
Rs.0 (Free)
Demat Account Opening Charge
Rs.250
Rs.0 (Free)
Demat Account AMC
Rs.0 (1st year Fees)
Rs.400 (Free for 1st year)
Trading Account AMC
Rs.0 for the 1st year
Rs.0 (Free)
IIFL Securities Vs Sharekhan
| IIFL Securities | Sharekhan | |
|---|---|---|
IIFL Securities NRI Account ReviewIIFL Securities is a part of IIFL Group and was incorporated in 1995. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial service provider in that provides a broad range of services. It is the highly recognised brand for the quality of advice, personalized serv .. + " Vs "+ Sharekhan |
Sharekhan NRI Account OpeningSharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. It provides services to all kinds of customers that includes investors, .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs Sharekhan - Brokerage charges & Plans
| IIFL Securities | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.025% | 0.03% |
| Currency Futures | 0.025% or Rs.20 per lot | 0.10% |
| Equity Delivery | 0.25% | 0.50% |
| Equity Options | Rs.25 per lot | Rs.50 per lot |
| Commodity Options | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 | 0.03% |
| Equity Futures | 0.025% | 0.10% |
| Currency Options | Rs.8 per lot | Rs.30 per lot |
| Fixed Charges | 0.025% | Rs.1,00,000 per year |
| Equity Intraday | 0.025% | 0.10% |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Margin (Exposure)
| IIFL Securities | Sharekhan | |
|---|---|---|
| Equity Options | 3 times for shorting | 1 time (SPAN + Exposure) |
| Equity Intraday | Up to 20 times | Up to 10 times |
| Currency Options | 2 times for shorting | NA |
| Commodity Options | Up to 3 times | NA |
| Commodity Futures | Up to 3 times | Up to 2 times for Intraday |
| Equity Delivery | Up to 3 times (18% Annual Interest) | Up to 5 times with 24% interest per year |
| Currency Futures | Up to 2 times | NA |
| Equity Futures | Up to 3 times | 2 time for Intraday |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Other Charges
| IIFL Securities | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | Rs.100 | - |
| API Charges | All our APIs are available free of cost. | TradeTiger API at no extra cost. |
| Call & Trade Charges | Rs.0 (free) | Rs.0 (free) |
| Other Brokerage Charges | 0.025% | Rs.1,00,000 per year |
| Minimum Brokerage | 0.025% | 0.10% |
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |
IIFL Securities Vs Sharekhan - Features
| IIFL Securities | Sharekhan | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Enquiry with IIFL Securities Open Account | Enquiry with Sharekhan Open Account |