IIFL Vs Sharekhan : Side By Side Comparison

In this page, I am providing side by side comparison of IIFL Vs Sharekhan.

Both India Infoline and Sharekhan are full service broker hence provide many more services but the brokerage is also high. Both brokers offer recommendations tips to their clients.

But still there are lot of differences between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of IIFL Vs Sharekhan :

Parameters	IIFL	Sharekhan
Review	IIFL Review	Sharekhan Review
Type of Broker	Full Service Broker	Full Service Broker
Incorporation Year	1995	2000
Supported Exchanges	NSE, BSE, MCX-SX , MCX and NCD-EX	NSE, BSE, NCD-EX, MCX and NSEL
Account Related Charges
Trading Account Opening Fees	Rs 750	Rs 750
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 555	Rs 0
Demat Account AMC	Rs 300	Rs 400
Brokerage Charges
Equity Delivery Brokerage	0.5%	0.5%
Equity Intraday Brokerage	0.05%	0.1%
Equity Futures Brokerage	0.05%	0.1%
Equity Options Brokerage	Rs 100/lot or 1% of premium which ever is higher	Rs 100/lot
Currency Futures Trading Brokerage	0.05%	0.1%
Currency Options Trading Brokerage	Rs 100/lot or 1% of premium which ever is higher	Rs 30/lot
Commodity Trading Brokerage	0.03%	0.1%
Minimum Brokerage Charges	5 paisa per share	Rs 16 per Scrip
Monthly Unlimited Plans
Brokerage Calculator	IIFL Brokerage Calculator	Sharekhan Brokerage Calculator
Transaction Charges
Equity Delivery	0.0035%	0.00325%
Equity Intraday	0.0035%	0.00325%
Equity Futures	0.0021%	0.00190%
Equity Options	0.051% (On Premium)	0.0500% (On Premium)
Currency Futures	0.0021%	0.00135%
Currency Options	0.051% (On Premium)	0.04220% (On Premium)
Commodity	0.028%	0.00230% ( Non Agri) & 0.00095% ( Agri)
Exposure
Equity	Upto 20 times Intraday and 3 times for Delivery	Upto 10 times Intraday and 5 times Delivery
Equity Futures	3 times for Intraday	Upto 2 times Intraday
Equity Options	Buying No leverage and Shorting upto 3 times	No Leverage
Currency Futures	2 times for Intraday	No Leverage
Currency Options	Buying No leverage and Shorting upto 2 times	No Leverage
Commodities	Upto 2 times intraday	Upto 2 times intraday
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	Trader Terminal (TT), Market App, Trader web	Trade Tiger, Sharekhan Mobile App and Sharekhan Mini
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers
Research Reports/Tips/Recommendations
Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory
Promotional Offers
	Zero Account Opening Charges Zero AMC for First Year	NIL

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Sharekhan with other Brokers:

Point By Point Comparison of IIFL with other Brokers:

You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page