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Comparision (Sharekhan VS IIFL Securities)

Sharekhan Vs IIFL Securities

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.


IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs IIFL Securities - Broker Details

Sharekhan IIFL Securities
Single Margin Facility
Year of Incorporation 2000 1995
Exchanges NSE, BSE, MCX and NCDEX. NSE, BSE, MCX and NCDEX.
Branches 160+ 2000+
Brokerage 0.10% 0.025%
Broker Type Discount Broker Full Service Broker
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Sharekhan Vs IIFL Securities - Account Opening & AMC Charges

Sharekhan IIFL Securities
Trading Account Opening Charge Rs.0 (Free) Rs.250
Demat Account Opening Charge Rs.0 (Free) Rs.250
Demat Account AMC Rs.400 (Free for 1st year) Rs.0 (1st year Fees)
Trading Account AMC Rs.0 (Free) Rs.0 for the 1st year
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Sharekhan Vs IIFL Securities - Brokerage charges & Plans

Sharekhan IIFL Securities
Commodity Futures 0.03% 0.025%
Currency Futures 0.10% 0.025% or Rs.20 per lot
Equity Delivery 0.50% 0.25%
Equity Options Rs.50 per lot Rs.25 per lot
Commodity Options 0.03% Gold Rs.125| Silver Rs.80| Crude Oil Rs.80
Equity Futures 0.10% 0.025%
Currency Options Rs.30 per lot Rs.8 per lot
Fixed Charges Rs.1,00,000 per year 0.025%
Equity Intraday 0.10% 0.025%
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account

Sharekhan Vs IIFL Securities - Other Charges

Sharekhan IIFL Securities
RMS Square Off Charge - Rs.100
API Charges TradeTiger API at no extra cost. All our APIs are available free of cost.
Call & Trade Charges Rs.0 (free) Rs.0 (free)
Other Brokerage Charges Rs.1,00,000 per year 0.025%
Minimum Brokerage 0.10% 0.025%
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Sharekhan Vs IIFL Securities - Transaction Charges

Sharekhan IIFL Securities
Currency Options NSE ₹4220 per Cr (0.04220%)| MCX ₹3220 per Cr (0.03220%) (on premium) Rs.5100 per Cr (0.051%) (On premium)
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side Rs.210 per Cr (0.0021%)
Equity Intraday NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) Rs.325 per Cr (0.00325%)
Equity Options NSE ₹5000 per Cr (0.05%)| BSE ₹50 per Cr (0.0005%) (on premium) Rs.5100 per Cr (0.051%) (On Premium)
Commodity MCX (Non Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) Group A- ₹280 per Cr (0.0028%)
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) Rs.210 per Cr (0.0021%)
Equity Delivery NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) Rs.325 per Cr (0.00325%)
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Sharekhan Vs IIFL Securities - Margin (Exposure)

Sharekhan IIFL Securities
Equity Options 1 time (SPAN + Exposure) 3 times for shorting
Equity Intraday Up to 10 times Up to 20 times
Currency Options NA 2 times for shorting
Commodity Options NA Up to 3 times
Commodity Futures Up to 2 times for Intraday Up to 3 times
Equity Delivery Up to 5 times with 24% interest per year Up to 3 times (18% Annual Interest)
Currency Futures NA Up to 2 times
Equity Futures 2 time for Intraday Up to 3 times
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account

Sharekhan Vs IIFL Securities - Features

Sharekhan IIFL Securities
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 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m,
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
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Sharekhan Vs IIFL Securities - Review & Rating

Sharekhan IIFL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Sharekhan Vs IIFL Securities - Request a call back from Broker

Sharekhan IIFL Securities
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Sharekhan Vs IIFL Securities - Investment Options

Sharekhan IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Sharekhan Vs IIFL Securities - Order Type

Sharekhan IIFL Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Sharekhan Vs IIFL Securities - Research & Report

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

Sharekhan IIFL Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Sharekhan Vs IIFL Securities - Suitable For Investor

Sharekhan IIFL Securities
Casual Investor
Active Investor
Trader
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Sharekhan Vs IIFL Securities - Pros & Cons

Sharekhan IIFL Securities
Pros 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. 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).
Cons 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. 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.
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Sharekhan Vs IIFL Securities - Background

Sharekhan IIFL Securities
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Sharekhan Vs IIFL Securities - Compare All Brokers

Sharekhan IIFL Securities
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Sharekhan Vs IIFL Securities - Account Opening & AMC Charges

Sharekhan
IIFL Securities
Trading Account Opening Charge
Rs.0 (Free)
Rs.250
Demat Account Opening Charge
Rs.0 (Free)
Rs.250
Demat Account AMC
Rs.400 (Free for 1st year)
Rs.0 (1st year Fees)
Trading Account AMC
Rs.0 (Free)
Rs.0 for the 1st year

Sharekhan Vs IIFL Securities

Sharekhan IIFL Securities
 

Sharekhan NRI Account Opening, Charges, Services Review

Sharekhan 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 ..
+ " Vs "+ IIFL Securities

IIFL Securities NRI Account Opening, Charges, Services Review

IIFL 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 o ..
 
 

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs IIFL Securities - Brokerage charges & Plans

Sharekhan IIFL Securities
Commodity Futures 0.03% 0.025%
Currency Futures 0.10% 0.025% or Rs.20 per lot
Equity Delivery 0.50% 0.25%
Equity Options Rs.50 per lot Rs.25 per lot
Commodity Options 0.03% Gold Rs.125| Silver Rs.80| Crude Oil Rs.80
Equity Futures 0.10% 0.025%
Currency Options Rs.30 per lot Rs.8 per lot
Fixed Charges Rs.1,00,000 per year 0.025%
Equity Intraday 0.10% 0.025%
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account

Sharekhan Vs IIFL Securities - Margin (Exposure)

Sharekhan IIFL Securities
Equity Options 1 time (SPAN + Exposure) 3 times for shorting
Equity Intraday Up to 10 times Up to 20 times
Currency Options NA 2 times for shorting
Commodity Options NA Up to 3 times
Commodity Futures Up to 2 times for Intraday Up to 3 times
Equity Delivery Up to 5 times with 24% interest per year Up to 3 times (18% Annual Interest)
Currency Futures NA Up to 2 times
Equity Futures 2 time for Intraday Up to 3 times
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account

Sharekhan Vs IIFL Securities - Other Charges

Sharekhan IIFL Securities
RMS Square Off Charge - Rs.100
API Charges TradeTiger API at no extra cost. All our APIs are available free of cost.
Call & Trade Charges Rs.0 (free) Rs.0 (free)
Other Brokerage Charges Rs.1,00,000 per year 0.025%
Minimum Brokerage 0.10% 0.025%
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account

Sharekhan Vs IIFL Securities - Features

Sharekhan IIFL Securities
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 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m,
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Sharekhan   Open Account Enquiry with IIFL Securities   Open Account