Sharekhan vs IIFL – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Sharekhan vs IIFL. Sharekhan is highly innovative stock broker which keeps on bringing new techs in the broking industry while IIFL works on the logic of offline model where majority of client acquisition happens offline. In this article we will see a highly competitive comparison between Sharekhan & IIFL.

Sharekhan vs IIFL

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Sharekhan & IIFL comparison will give a very detailed overview of which stock broker is suitable for you.


Now let’s Compare IIFL & Sharekhan

Overview of Sharekhan & IIFL

OverviewSharekhanIIFL
Company TypePublicPublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaThane
FounderShripal MorakhiaNirmal Jain, R. Venkataraman
Established Year20001995

Sharekhan vs IIFL Customer Ratings Comparison

Customer RatingsSharekhanIIFL
Experience8.7 / 108.8 / 10
Products & Services8.8 / 109.0 / 10
Brokerage Charges & Fees8.5 / 108.8 / 10
Stock Research & Advisory8.3 / 108.2 / 10
Trading Platforms8.2 / 108.9 / 10
Overall Ratings8.50 / 108.74 / 10
Star Ratings★★★★★★★★★★
Total Client Reviews78397218

Sharekhan vs IIFL Demat Account Comparison

Demat ServicesSharekhanIIFL
Depository SourceNSDL & CDSLNSDL & CDSL
Account Opening ChargesZeroRs 295
Demat AMC ChargesRs 400 (Free for 1st year)Rs 0 (Free for 1st year)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineRR

IIFL vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & FeesSharekhanIIFL
Equity Delivery Trading0.10%Rs 0 (Free)
Equity Intraday Trading0.50%Rs 20 per order
Commodity Options Trading0.03%Rs 20 per order
Equity Futures Trading0.10%Rs 20 per order
Equity Options TradingRs 50 per lotRs 20 per order
Currency Futures Trading0.10%Rs 20 per order
Currency Options TradingRs 30 per lotRs 20 per order
Minimum BrokerageRs.30Rs.0.05 per Share
Demat AMC ChargesRs 400 (Free for 1st year)Rs 0 (Free for 1st year)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorSharekhan Brokerage CalculatorIIFL Brokerage Calculator

IIFL & Sharekhan Other Charges Comparison

Other ChargesSharekhanIIFL
Transaction Charges0.00275% of Total Turnover0.00325% of Total Turnover
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges0.00005% (₹5/Crore)0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare IIFL & Sharekhan Offers

OffersSharekhanIIFL
Free Demat AccountSS
Free Trading AccountRR
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeRS
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSS

Compare Services of Sharekhan vs IIFL

ServicesSharekhanIIFL
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisoryRS
PMSRR
Trading InstitutionRS
Trading ExposureUpto 5xUpto 5x

Compare IIFL & Sharekhan Research & Advisory

Research & AdvisorySharekhanIIFL
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsRR
IPO ReportsSR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Sharekhan vs IIFL Exposure/Leverage

Exposure / LeverageSharekhanIIFL
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorSharekhan Margin CalculatorIIFL Margin Calculator

Sharekhan vs IIFL Product Comparison

ProductsSharekhanIIFL
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSS
SIPRR
InsuranceSS

Sharekhan vs IIFL Trading Platform Comparison

Trading PlatformsSharekhanIIFL
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformSR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

Sharekhan vs IIFL Customer Support

Customer SupportSharekhanIIFL
Dedicated DealerRR
Offline TradingRS
Online TradingRR
24*7 SupportSR
Email SupportRR
Chat SupportRR
Toll Free Number1800 22 75001800 3000 1155
Branches126120

Sharekhan vs IIFL Customer Complaints

Complaints (Current Year)SharekhanIIFL
Lodged in BSE198145
Resolved in BSE184122
Lodged in NSE218214
Resolved in NSE217212

 


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