Sharekhan Vs IIFL compare brokerage charges | Stock broker india | Best demat account comparison

Sharekhan

VS

IIFL

Background Services
Type of Broker Full Service Full Service
Founded 2000 1995
Active Clients 5,09,787 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits.
Depository NSDL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account After first year Rs. 450 Free for 5 years, 6th year onwards 400 + GST
Demat Account After first year Rs. 450 Free for 5 years, 6th year onwards 400 + GST
Commodity Account After first year Rs. 450 Rs. 0
Brokerage Charges
Equity Delivery 0.5% on turnover per order 0.50% on turnover
Equity Intraday 0.1% on turnover per order 0.05% on turnover
Equity Futures 0.1% on turnover per order 0.05% on turnover
Currency Futures 0.25% on turnover per order 0.05% on turnover
Commodity Futures 0.25% on turnover per order -
Equity Options 0.1% on turnover per order 1% on premium or Rs.100 per lot
Currency Options 0.25% on turnover per order -
Commodity Options 0.25% on turnover per order -
Technology
Trading Platform Trade Tiger. IIFL Trader Terminal.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) 4 Days -
EOD Data (Days) 4 Days -
Leverages
Equity Delivery 5x on turnover 5x on turnover
Intraday
Equity Spot 32x on turnover 10 - 15x on turnover
Equity Futures and Options 15x on ESM 10 - 12x on ESM
Currency Futures and Options 10x on ESM 10 - 12x on ESM
Commodity Futures and Options 10x on ESM 10 - 12x on ESM
Intraday with BO & CO
Equity Spot 32x on turnover No leverage
Equity Futures and Options 15x on ESM No leverage
Currency Futures and Options 10x on ESM No leverage
Commodity Futures and Options 10x on ESM No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




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