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

Find a Comparison of Sharekhan 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 Sharekhan and IIFL Securities.

Background

Year of Incorporation 2000 1996
Website https://www.sharekhan.com/ https://www.indiainfoline.com/
Phone 022-41523200 022-40071000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL
Brokerage

Equity 0.03% for Intraday 0.05% Intraday & 0.5% Delivery - Negotiable
Equity Futures 0.03% of Turnover 0.05% of Turnover - Negotiable
Equity Options Rs 20 per lot Rs 100/lot - Negotiable
Currency Futures 0.02% per Transaction Value Rs 25/lot - Negotiable
Currency Options Rs 5 per lot Rs 10/lot - Negotiable
Commodity Rs 20 per lot 0.03% - Negotiable
Account Opening Costs

Trading only Free Zero
Trading & Demat Rs 400 Rs 750
Commodity Rs 0 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 0.0021% of Turnover 0.0038% of Turnover
Options 0.055% of Premium Turnover 0.058% of Turnover
Commodities 0.0027% of Turnover 0.0041% of Turnover
AMC charge Rs 400 per year One time Rs 555 or Rs 25/month
DP Transaction Charge Rs 30 or 0.03% whichever is higher 0.05% ( Minimum Rs 15 & Max Rs 100)
Offline order placing Charge Not Available NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 30 Days 20 Days
End of Day 10 years 10 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Upto 20x Intraday, & 3x for Delivery
Equity Futures Upto 2x for Intraday Upto 3x for Intraday
Equity Options Upto 1x Buying no leverage, Shorting upto 3x
Currency Futures No Leverage Upto 2x for Intraday
Currency Options No Leverage Buying no leverage, Shorting upto 2x
Commodity Upto 2x for Intraday 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 87.5 Crores Rs 2.78 Crores
Profit after Tax FY12/13 Rs 107 Crores Rs 9.69 Crores
Profit after Tax FY13/14 Rs 128.90 Crore Rs 14.69 Crores
Profit after Tax FY 14/15 Rs 168.52 Crore Rs 20.18 Crores
Profit after Tax FY 15/16 Rs 161.82 Crore Rs 25.84 Crores
Profit after Tax FY 16/17 Rs 121.89 Crore Rs 31.10 Crores
Profit after Tax FY 17/18 Rs 113.87 Crore Rs 31.10 Crores
Profit after Tax FY 18/19 Rs 191.48 Crore Rs 20.40 Crores
Profit after Tax FY 19/20 Rs 111.55 Crore Rs 27.72 Crores
Profit after Tax FY 20/21 Rs 131.23 Crore Rs 32.50 Crores
Profit after Tax FY 21/22 Rs 174.09 Crore Rs (214.66) Crores
Profit after Tax FY 22/23 Rs 205.86 Crore Rs (258.79) Crores
Debt FY11/12 Rs 335.1 Crores Rs 66.8 Crores
Debt FY12/13 Rs 335.1 Crores Rs 78.93 Crores
Debt FY13/14 Rs 486.64 Crores Rs 86.11 Crores
Debt FY14/15 Rs 481.20 Crores Rs 97.03 Crores
Debt FY15/16 Rs 376.69 Crores Rs 112.99 Crores
Debt FY16/17 Rs 364.87 Crores Rs 82.92 Crores
Debt FY17/18 Rs 547.71 Crores Rs 126.84 Crores
Debt FY18/19 Rs 434.84 Crores Rs 135.59 Crores
Debt FY19/20 Rs 565.48 Crores Rs 89.28 Crores
Debt FY20/21 Rs 455.09 Crores Rs 80.36 Crores
Debt FY21/22 Rs 453.87 Crores Rs 135.19 Crores
Debt FY22/23 Rs 593.90 Crores Rs 122.87 Crores
Profit to Equity(%) FY11/12 19.86 17.48%
Profit to Equity(%) FY12/13 16.04 16.92%
Profit to Equity(%) FY13/14 Rs 22.13 Lakh 21.8%
Profit to Equity(%) FY14/15 Rs 30.06 17.22%
Profit to Equity(%) FY15/16 Rs 31.43 17.54%
Profit to Equity(%) FY16/17 Rs 28.83 26.31%
Profit to Equity(%) FY17/18 Rs 30.54 24.73%
Profit to Equity(%) FY18/19 Rs 31.45 13.33%
Profit to Equity(%) FY19/20 Rs 35.79 19.84%
Profit to Equity(%) FY20/21 Rs 47.35 21.30%
Profit to Equity(%) FY21/22 Rs 39.13 18.94%
Profit to Equity(%) FY22/23 Rs 56.92 23.60%
Balance Sheet Size FY11/12 Rs 1689 Crores Rs 782 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 817 Crores
Balance Sheet Size FY13/14 Rs 1715.00 Crores Rs 827 Crores
Balance Sheet Size FY14/15 Rs 2747.23 Crores Rs 837.82 Crores
Balance Sheet Size FY15/16 Rs 2700.50 Crores Rs 835.05 Crores
Balance Sheet Size FY16/17 Rs 2036.15 Crores Rs 909.25 Crores
Balance Sheet Size FY17/18 Rs 1791.65 Crores Rs 947.73 Crores
Balance Sheet Size FY18/19 Rs 3039.18 Crores Rs 957.83 Crores
Balance Sheet Size FY19/20 Rs 2876.57 Crores Rs 960.20 Crores
Balance Sheet Size FY20/21 Rs 1756.08 Crores Rs 1,161.14 Crores
Balance Sheet Size FY21/22 Rs 1965.11 Crores Rs 1,315.5 Crores
Balance Sheet Size FY22/23 Rs 2853.01 Crores Rs 1,345 Crores

Comparison Link:

Compare Sharekhan Compare IIFL Securities
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Sharekhan Vs Globe Capital IIFL Securities Vs Globe Capital
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Sharekhan Vs Canara Bank IIFL Securities Vs Canara Bank
Sharekhan Vs Axis Direct IIFL Securities Vs Axis Direct
Sharekhan Vs Alice Blue IIFL Securities Vs Alice Blue
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Sharekhan Vs Tradejini IIFL Securities Vs Tradejini
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Sharekhan Vs Swastika Investmart IIFL Securities Vs Swastika Investmart
Sharekhan Vs SMC Global IIFL Securities Vs SMC Global
Sharekhan Vs SBICAP Securities IIFL Securities Vs SBICAP Securities
Sharekhan Vs SASOnline IIFL Securities Vs SASOnline
Sharekhan Vs Samco securities IIFL Securities Vs Samco securities
Sharekhan Vs RK Global IIFL Securities Vs RK Global
Sharekhan Vs Reliance Securities IIFL Securities Vs Reliance Securities
Sharekhan Vs Nirmal Bang IIFL Securities Vs Nirmal Bang
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Sharekhan Vs Kotak Securities IIFL Securities Vs Kotak Securities
Sharekhan Vs Interactive Brokers IIFL Securities Vs Interactive Brokers
Sharekhan Vs Dhani IIFL Securities Vs Dhani
Sharekhan Vs IDBI Capital IIFL Securities Vs IDBI Capital
Sharekhan Vs HDFC Securities IIFL Securities Vs HDFC Securities
Sharekhan Vs Geojit IIFL Securities Vs Geojit
Sharekhan Vs Fyers Securities IIFL Securities Vs Fyers Securities
Sharekhan Vs Edelweiss Capital IIFL Securities Vs Edelweiss Capital
Sharekhan Vs Easytradez IIFL Securities Vs Easytradez
Sharekhan Vs Rupeezy IIFL Securities Vs Rupeezy
Sharekhan Vs Anand Rathi IIFL Securities Vs Anand Rathi
Sharekhan Vs Aditya Birla Money IIFL Securities Vs Aditya Birla Money
Sharekhan Vs Achiievers IIFL Securities Vs Achiievers
Sharekhan Vs Angel One IIFL Securities Vs Angel One
Sharekhan Vs Motilal Oswal IIFL Securities Vs Motilal Oswal
Sharekhan Vs ICICI Direct IIFL Securities Vs ICICI Direct
Sharekhan Vs Groww IIFL Securities Vs Groww
Sharekhan Vs Tradesmart Online IIFL Securities Vs Tradesmart Online
Sharekhan Vs Upstox IIFL Securities Vs Upstox
Sharekhan Vs Zerodha IIFL Securities Vs Zerodha

Frequently Asked Questions

Is Sharekhan better than IIFL Securities ?

Sharekhan and IIFL Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is IIFL Securities better than Sharekhan ?

Sharekhan and IIFL Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Sharekhan cheaper than IIFL Securities ?

Sharekhan and IIFL Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is IIFL Securities cheaper than Sharekhan ?

Sharekhan and IIFL Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Sharekhan vs. IIFL Securities ?

To find out the better of the two stockbrokers Sharekhan and IIFL Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.