SBICAP Securities vs IIFL Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of SBICAP Securities vs IIFL Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of SBICAP Securities and IIFL Securities.

Background

Year of Incorporation 2001 1996
Website https://www.sbisecurities.in/ https://www.indiainfoline.com/
Phone 1800-209-9345 022-40071000
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) CDSL NSDL/CDSL
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery 0.05% Intraday & 0.5% Delivery - Negotiable
Equity Futures 0.05% of Turnover 0.05% of Turnover - Negotiable
Equity Options Rs 100 per lot Rs 100/lot - Negotiable
Currency Futures 0.03% of Turnover Rs 25/lot - Negotiable
Currency Options Rs 30 per lot Rs 10/lot - Negotiable
Commodity Not Available 0.03% - Negotiable
Account Opening Costs

Trading only Free Zero
Trading & Demat Rs 850 Rs 750
Commodity Not Available NIL
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0019% 0.0038% of Turnover
Options 0.05% of Turnover 0.058% of Turnover
Commodities Not Available 0.0041% of Turnover
AMC charge Rs 350 per year One time Rs 555 or Rs 25/month
DP Transaction Charge Rs 21 per debit instruction or 0.01% whichever is lower 0.05% ( Minimum Rs 15 & Max Rs 100)
Offline order placing Charge NIL NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Upto 5 days on ODIN 20 Days
End of Day 5 years on ODIN 10 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for Intraday, Upto 2 times for Delivery Upto 20x Intraday, & 3x for Delivery
Equity Futures No Intraday Leverage Upto 3x for Intraday
Equity Options Upto 3x Buying no leverage, Shorting upto 3x
Currency Futures No Intraday Leverage Upto 2x for Intraday
Currency Options Upto 3x Buying no leverage, Shorting upto 2x
Commodity Not Available Upto 3x for Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 4.03 Crores Rs 2.78 Crores
Profit after Tax FY12/13 Rs 2.42 Crores Rs 9.69 Crores
Profit after Tax FY13/14 Rs 8.01 Crores Rs 14.69 Crores
Profit after Tax FY 14/15 Rs 7.21 Crores Rs 20.18 Crores
Profit after Tax FY 15/16 Rs 9.17 Crores Rs 25.84 Crores
Profit after Tax FY 16/17 Rs 11.16 Crores Rs 31.10 Crores
Profit after Tax FY 17/18 Rs 12.81 Crores Rs 31.10 Crores
Profit after Tax FY 18/19 Rs 12.04 Crores Rs 20.40 Crores
Profit after Tax FY 19/20 Rs 11.30 Crores Rs 27.72 Crores
Profit after Tax FY 20/21 Rs 14.09 Crores Rs 32.50 Crores
Profit after Tax FY 21/22 Rs 15.68 Crores Rs (214.66) Crores
Profit after Tax FY 22/23 Rs 17.89 Crores Rs (258.79) Crores
Debt FY11/12 Rs 12.46 Lakhs Rs 66.8 Crores
Debt FY12/13 Rs 14,51 Lakhs Rs 78.93 Crores
Debt FY13/14 Rs 20.1 Lakhs Rs 86.11 Crores
Debt FY14/15 Rs 26.94 Lakh Rs 97.03 Crores
Debt FY15/16 Rs 29.05 Lakh Rs 112.99 Crores
Debt FY16/17 Rs 23.54 Lakh Rs 82.92 Crores
Debt FY17/18 Rs 30.52 Lakh Rs 126.84 Crores
Debt FY18/19 Rs 33.77 Lakh Rs 135.59 Crores
Debt FY19/20 Rs 27.17 Lakh Rs 89.28 Crores
Debt FY20/21 Rs 33.21 Lakh Rs 80.36 Crores
Debt FY21/22 Rs 33.36 Lakh Rs 135.19 Crores
Debt FY22/23 Rs 30.28 Lakh Rs 122.87 Crores
Profit to Equity(%) FY11/12 6.09 17.48%
Profit to Equity(%) FY12/13 6.75 16.92%
Profit to Equity(%) FY13/14 10.72 21.8%
Profit to Equity(%) FY14/15 8.65 17.22%
Profit to Equity(%) FY15/16 12.85 17.54%
Profit to Equity(%) FY16/17 12.87 26.31%
Profit to Equity(%) FY17/18 14.75 24.73%
Profit to Equity(%) FY18/19 12.05 13.33%
Profit to Equity(%) FY19/20 15.18 19.84%
Profit to Equity(%) FY20/21 15.66 21.30%
Profit to Equity(%) FY21/22 17.13 18.94%
Profit to Equity(%) FY22/23 18.68 23.60%
Balance Sheet Size FY11/12 Rs 127.1 Crores Rs 782 Crores
Balance Sheet Size FY12/13 Rs 172.7 Crores Rs 817 Crores
Balance Sheet Size FY13/14 Rs 189 Crores Rs 827 Crores
Balance Sheet Size FY14/15 Rs 171.25 Crores Rs 837.82 Crores
Balance Sheet Size FY15/16 Rs 141.00 Crores Rs 835.05 Crores
Balance Sheet Size FY16/17 Rs 150.18 Crores Rs 909.25 Crores
Balance Sheet Size FY17/18 Rs 185.99 Crores Rs 947.73 Crores
Balance Sheet Size FY18/19 Rs 212.22 Crores Rs 957.83 Crores
Balance Sheet Size FY19/20 Rs 210.76 Crores Rs 960.20 Crores
Balance Sheet Size FY20/21 Rs 158.79 Crores Rs 1,161.14 Crores
Balance Sheet Size FY21/22 Rs 211.22 Crores Rs 1,315.5 Crores
Balance Sheet Size FY22/23 Rs 190.16 Crores Rs 1,345 Crores

Comparison Link:

Compare SBICAP Securities Compare IIFL Securities
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SBICAP Securities Vs Tradesmart Online IIFL Securities Vs Tradesmart Online
SBICAP Securities Vs Upstox IIFL Securities Vs Upstox
SBICAP Securities Vs Zerodha IIFL Securities Vs Zerodha

Frequently Asked Questions

Which is better, SBICAP Securities or IIFL Securities?

SBICAP Securities Securities and IIFL Securities are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do SBICAP Securities and IIFL Securities offer mobile trading apps?

Yes, both SBICAP Securities Securities and IIFL Securities provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for IIFL Securities and SBICAP Securities?

The account opening charges by brokers SBICAP Securities and IIFL Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both SBICAP Securities and IIFL Securities are SEBI-registered brokers with good reputations. SBICAP Securities is known for its trading platforms, while IIFL Securities is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both SBICAP Securities and IIFL Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.