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

Overview Sharekhan IIFL
Company Type Private Public
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Jaideep Arora Nirmal Jain
Established Year 2000 1995

Sharekhan vs IIFL Customer Ratings Comparison

Customer Ratings Sharekhan IIFL
Experience 7.5/10 8.0/10
Products & Services 7.0/10 8.0/10
Brokerage Charges & Fees 6.5/10 6.3/10
Stock Research & Advisory 7.0/10 6.5/10
Trading Platforms 7.5/10 7.0/10
Overall Ratings 7.1/10 7.1/10
Star Ratings ★★★★☆ ★★★★☆
Total Client Reviews 1236 293

Sharekhan vs India Infoline Demat Account Comparison

Demat Services Sharekhan IIFL
Depository Source NSDL & CDSL NSDL & CDSL
Account Opening Charges Zero Rs.1300
Demat AMC Charges Free or Rs.300 per Annum Free or Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.25,000
Offline to Online Yes Yes

IIFL vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & Fees Sharekhan IIFL
Equity Delivery Trading 0.50% 0.50%
Equity Intraday Trading 0.10% 0.05%
Commodity Options Trading 0.10% 0.05%
Equity Futures Trading 0.10% 0.05%
Equity Options Trading Rs.100 per Lot or 2.5% on Premium (Takes higher amount) Rs.100 per Lot or 1% of Premium (Takes higher Amount)
Currency Futures Trading 0.10% 0.05%
Currency Options Trading Rs.30 per Lot or 2.5% on Premium (Takes higher amount) Rs.100 per Lot or 1% of Premium (Takes higher Amount)
Minimum Brokerage Rs.20 Rs.0.05 per Share
Demat AMC Charges Free or Rs.300 per Annum Free or Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.25,000
Brokerage Calculator Sharekhan Brokerage Calculator IIFL Brokerage Calculator

India Infoline & Sharekhan Other Charges Comparison

Other Charges Sharekhan IIFL
Transaction Charges 0.00275% of Total Turnover 0.00325% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare IIFL & Sharekhan Offers

Offers Sharekhan IIFL
Free Demat Account R R
Free Trading Account R S
Discount on Brokerage R S
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free R S
Holiday Offers S S
Referral Offers R R
Zero Brokerage for Loss Making Trades S S

Compare Services of Sharekhan vs IIFL

Services Sharekhan IIFL
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory R S
PMS R R
Trading Institution R S
Trading Exposure Upto 32x Upto 10x

Compare IIFL & Sharekhan Research & Advisory

Research & Advisory Sharekhan IIFL
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R R
Company Stock Review R R
Free Stock Tips R R
IPO Reports S R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Sharekhan vs IIFL Exposure/Leverage

Exposure / Leverage Sharekhan IIFL
Equity Delivery Upto 15x Upto 5x
Equity Intraday Upto 32x Upto 10x
Equity Futures Upto 15x Upto 7x
Equity Options Upto 10x Upto 5x
Currency Futures Upto 8x Upto 8x
Currency Options Upto 10x Upto 5x
Commodities Upto 10x Upto 8x

Sharekhan vs IIFL Product Comparison

Products Sharekhan IIFL
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S R
Banking S S
SIP R R
Insurance S S

Sharekhan vs IIFL Trading Platform Comparison

Trading Platforms Sharekhan IIFL
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform S R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

Sharekhan vs IIFL Customer Support

Customer Support Sharekhan IIFL
Dedicated Dealer R R
Offline Trading R S
Online Trading R R
24*7 Support S S
Support Number 1800 22 7500 1800 3000 1155
Email Support R R
Chat Support R R
Toll Free Number 1800 22 7500 1800 3000 1155
Branches 126 120

Sharekhan vs IIFL Customer Complaints

Complaints (Current Year) Sharekhan IIFL
Lodged in BSE 198 145
Resolved in BSE 184 122
Lodged in NSE 218 214
Resolved in NSE 217 212

 


Compare Sharekhan with other Brokers & IIFL with other Brokers:

Sharekhan vs 5Paisa IIFL vs 5Paisa
Sharekhan vs Upstox IIFL vs Upstox
Sharekhan vs Karvy IIFL vs Karvy
Sharekhan vs Axis Direct IIFL vs Axis Direct
Sharekhan vs SBI Cap Securities IIFL vs SBI Cap Securities
Sharekhan vs Anand Rathi IIFL vs Anand Rathi
Sharekhan vs Religare Securities IIFL vs Religare Securities
Sharekhan vs Edelweiss IIFL vs Reliance Securities
Sharekhan vs Motilal Oswal IIFL vs Ventura Securities
Sharekhan vs Bonanza Portfolio IIFL vs SAMCO

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