India Infoline (IIFL) vs Sharekhan

India Infoline (IIFL) vs Sharekhan - side-by-side comparison . Compare India Infoline (IIFL) vs Sharekhan brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) vs Sharekhan review.

Detailed comparison India Infoline (IIFL) vs Sharekhan and find out which is better in India Infoline (IIFL) vs Sharekhan .

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India Infoline (IIFL)

Sharekhan

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

India Infoline Limited Sharekhan
Standard Plan Classic Account
Trading Account Opening Fee ₹750 ₹0
Demat Account Opening Fee ₹555 ₹0
Demat Account AMC * ₹400 ₹400
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

India Infoline Limited Sharekhan
Standard Plan Classic Account
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.10%
Equity Future 0.05% 0.10%
Equity Options 1% of premium or ₹100 per lot
(whichever is high)
₹100 per lot
Currency Futures ₹25 per lot 0.10%
Currency Options 1% of premium or ₹100 per lot
(whichever is high)
₹30 per lot
Monthly Fee NA NA
Commodity 0.05% 0.10%

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India Infoline Limited Sharekhan
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

India Infoline Limited Sharekhan
Standard Plan Classic Account
Equity Delivery ₹325 NSE ₹325 | BSE ₹275
Equity Intraday ₹325 NSE ₹325 | BSE ₹275
Equity Future * ₹210 NSE ₹190 | BSE ₹50
Equity Options * ₹5100 NSE ₹5000 | BSE ₹50
Currency Futures * ₹210 NSE ₹135 | MCX ₹130
Currency Options ₹5100 NSE ₹4220 | MCX ₹3220

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

India Infoline Limited Sharekhan
Standard Plan Classic Account
Minimum Brokerage ₹0.05 per share 5 paise per share
Call & Trade ₹50 per call ₹0
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (minimum ₹25 per debit transaction) Rs 0
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

India Infoline Limited Sharekhan
Standard Plan Classic Account
Trading Platform Trader terminal and IIFL Markets App TradeTiger Terminal, Sharekhan Website and Mobile App
Placing orders through charts No Yes
Trading Alerts No Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Market mantra, IIFL calls, Loyalty points Pattern finder,Class room training
Referral Program NA No

Demat Account Charges

Find charges for the best Demat Account for small investors

India Infoline Limited Sharekhan
Standard Plan Classic Account
Depository Service Provider CDSL and NSDL CDSL
Account Opening Fee

₹555

Actual Stamp Paper Charges

Advance Deposit

Nil

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

AMC

₹400 + GST

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

Dematerialisation Charges

₹15 per certificate + ₹40 as postal charges

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

Rematerialisation Charges

₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier

₹50 per certificate or ₹50 for every hundred securities

Transaction Charges (Credit) - -
Transaction Charges (debit)

0.04% of the value of the transaction, subject to min ₹25 per instruction

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

Pledge Creation Charges

₹50

0.03 % of the value of the Transaction (Min ₹100 per transaction)

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

Nil

Nil

Failed Instruction Charges

Nil

Nil

Other Charges

Nil

  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

Basic Details

Basic Details of Brokers

India Infoline Limited Sharekhan
Standard Plan Classic Account
Year of Incorporation 1995 2000
Active Exchange Memberships NSE, BSE, MCX, and NCDEX NSE, BSE, MCX, NCDEX
Demat Services NSDL & CDSL CDSL
Website https://www.indiainfoline.com http://www.sharekhan.com
Contact Details 022-400710000 022-61150000
Total Number of Clients 2,30,000+ 5,04,796+
Total Number of Branches 900 cities 2900

Charts and Data

Charts and Data

India Infoline Limited Sharekhan
Standard Plan Classic Account
Live data source Yes Yes
Advanced Charting tools Yes Yes
Multi-Chart Setup No Yes
No.of indicators 99 30+
No.of charts can be opened 1 10
Live Scanners No Yes
Customizable screeners No Yes
Trading from charts No Yes
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 20 days 30 days
End of Day historical data for charts 10 years 10 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No No
Price Ladder No No

Leverage

Leverage

India Infoline Limited Sharekhan
Standard Plan Classic Account
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

India Infoline Limited Sharekhan
Standard Plan Classic Account
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

India Infoline Limited Sharekhan
Standard Plan Classic Account
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.75,000 to Rs.2,00,000 Rs.50,000

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India Infoline Limited Sharekhan
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