IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

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 153+ 2000+
Brokerage 0.03% ₹20/ Order
Broker Type Discount Broker Full Service Broker
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Account Opening & AMC Charges

Sharekhan IIFL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 (from 2nd year) ₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Brokerage charges & Plans

Sharekhan IIFL Securities
Commodity Futures 0.03% per transaction value ₹20/ Order
Currency Futures 0.03% per transaction value ₹20/ Order
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order
Equity Options ₹60/ Lot ₹20/ Order
Commodity Options ₹60/ Lot ₹20/ Order
Equity Futures 0.03% per transaction value ₹20/ Order
Currency Options ₹20/ Lot ₹20/ Order
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Other Charges

Sharekhan IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹20/ Order
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Transaction Charges

Sharekhan IIFL Securities
Currency Options NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side NSE: 0.00195% on Total Turnover value
Equity Intraday NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) NSE: 0.053% on Premium value
Commodity MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Margin (Exposure)

Sharekhan IIFL Securities
Equity Options 1 time (SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back 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 Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

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
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Request a call back from Broker

Sharekhan IIFL Securities
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Investment Options

Sharekhan IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

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 (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Research & Report

Sharekhan IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Daily Market Report

Sharekhan IIFL Securities
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Suitable For Investor

Sharekhan IIFL Securities
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

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.
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Background

Sharekhan IIFL Securities
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Compare All Brokers

Sharekhan IIFL Securities
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - STT/CTT

Sharekhan IIFL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% on Sell
Equity Options 0.05% on sell Side 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & Sell
Equity Futures 0.01% on sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Demat transaction charges

Sharekhan IIFL Securities
Equity Demat Transaction Charges ₹0 (Free) Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - GST

Sharekhan IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - SEBI Charges

Sharekhan IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Account Opening & AMC Charges

Sharekhan
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)

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% per transaction value ₹20/ Order
Currency Futures 0.03% per transaction value ₹20/ Order
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order
Equity Options ₹60/ Lot ₹20/ Order
Commodity Options ₹60/ Lot ₹20/ Order
Equity Futures 0.03% per transaction value ₹20/ Order
Currency Options ₹20/ Lot ₹20/ Order
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Margin (Exposure)

Sharekhan IIFL Securities
Equity Options 1 time (SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Other Charges

Sharekhan IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹20/ Order
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - STT/CTT

Sharekhan IIFL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% on Sell
Equity Options 0.05% on sell Side 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & Sell
Equity Futures 0.01% on sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - Demat transaction charges

Sharekhan IIFL Securities
Equity Demat Transaction Charges ₹0 (Free) Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - GST

Sharekhan IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account Call Back Open Account

Sharekhan Vs IIFL Securities - SEBI Charges

Sharekhan IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back 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 Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

IIFL Securities