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IIFL Securities Vs Espresso Sharekhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of IIFL Securities Max Rs 20 per trade while the brokerage of Espresso Sharekhan ranges between Rs 20. IIFL Securities is a Full Service Broker where Espresso Sharekhan is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for IIFL Securities is 4,39,137 where number of active customer for Espresso Sharekhan is 18,769. IIFL Securities is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of IIFL Securities vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IIFL Securities vs Espresso Sharekhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IIFL Securities vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IIFL Securities vs Espresso Sharekhan's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IIFL Securities vs Espresso Sharekhan on Service

	IIFL Securities	Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Active Clients	4,39,137	18,769
Broker Overview	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms.
Broker Enquiry

Account Opening Charges and AMC

Compare IIFL Securities vs Espresso Sharekhan on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Espresso Sharekhan

Charges	IIFL Securities	Espresso Sharekhan
Trading Account Opening Fees	Free	Rs. 354 (Free for limited time)
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 250 PA (Free for 1st year)	Rs. 400 PA
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities with Espresso Sharekhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IIFL Securities with Espresso Sharekhan on Plan Options

Plan Types	IIFL Securities	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare IIFL Securities vs Espresso Sharekhan on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

Share Broker's Transaction Charges

Compare IIFL Securities vs Espresso Sharekhan on Transaction Charges

Compare IIFL Securities with Espresso Sharekhan on transaction charges and PCM fee by segment.

Account Features

Compare IIFL Securities vs Espresso Sharekhan on Account Features

Compare IIFL Securities with Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - IIFL Securities with Espresso Sharekhan

Account Features Compare	IIFL Securities	Espresso Sharekhan
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare IIFL Securities vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities and Espresso Sharekhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities with Espresso Sharekhan

Trading Platform Compare	IIFL Securities	Espresso Sharekhan
Desktop Trading Platform	IIFL Trader terminal	Espresso
Desktop Demo	Desktop Demo	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	https://trade.myespresso.com/trading/login
Web Trading Demo	Info Not Available	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	IIFL Markets	Espresso Mobile App
Mobile Trading App Demo	IIFL Markets Demo	Espresso Mobile App Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod Espresso Mobile App Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS Espresso Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Espresso Sharekhan
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for espresso-sharekhan

Broker Ratings by Users

Compare IIFL Securities vs Espresso Sharekhan on User Rating

	IIFL Securities	Espresso Sharekhan
	82 Customer Reviews	1 Customer Reviews
Fees Ratings	3.1	1.0
Trading Brokerage Rating	2.9	5.0
Trading Platform Usability	3.4	3.0
Customer Service Ratings	2.9	2.0
Overall Ratings	2.8	1.0
Broker Rating	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews

Investment Offerings

Compare IIFL Securities vs Espresso Sharekhan on Investment Offerings

Compare IIFL Securities with Espresso Sharekhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - IIFL Securities offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - IIFL Securities provide PMS Service where Espresso Sharekhan doesn't offer

Investment Offerings - Compare IIFL Securities with Espresso Sharekhan

Investment Offerings Compare	IIFL Securities	Espresso Sharekhan
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	SGB, Buyback, IPO

Order Types

Compare IIFL Securities vs Espresso Sharekhan on Order Types

Order Type - Compare IIFL Securities with Espresso Sharekhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - IIFL Securities provide Cover Orders (CO) where Espresso Sharekhan doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Espresso Sharekhan provides Bracket Orders (BO) where IIFL Securities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare IIFL Securities with Espresso Sharekhan

Order Type Compare	IIFL Securities	Espresso Sharekhan
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare IIFL Securities vs Espresso Sharekhan on Customer Service

Compare IIFL Securities with Espresso Sharekhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IIFL Securities with Espresso Sharekhan

Customer Service Compare	IIFL Securities	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	022 6767 0700
Account Opening Process	Online/Paperless	100% online/paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://www.myespresso.com/the-espresso-blog
Head Office Address	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra.
Website	https://www.indiainfoline.com/	https://www.myespresso.com/

Tips/Research/Reports Published

Compare IIFL Securities vs Espresso Sharekhan on Research Reports, Tips

Compare IIFL Securities with Espresso Sharekhan on research reports and tips provided by the broker.

Research Reports - Compare IIFL Securities with Espresso Sharekhan

	IIFL Securities	Espresso Sharekhan
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare IIFL Securities vs Espresso Sharekhan on Demat Account

Compare IIFL Securities with Espresso Sharekhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Espresso Sharekhan is ₹400 pa where for IIFL Securities is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Espresso Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities with Espresso Sharekhan

	IIFL Securities	Espresso Sharekhan
DP Source	CDSL	CDSL
DP ID	44700	CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹400 pa
Advance Deposit	Nil	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges	Nil	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹15 per certificate + ₹40 courier charges	₹5 per certificate (Min 50 per request)
Remat	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	₹50	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	NIL
Pledge Closure	Nil	NIL
Pledge Closure Confirmation	Nil	NIL
Pledge Invocation	Nil	NIL
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Espresso Sharekhan on Special Offers and Promotion

Compare IIFL Securities with Espresso Sharekhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Espresso Sharekhan on Special Offers and Promotion

	IIFL Securities	Espresso Sharekhan
Pay In and Pay Out Options	Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App. Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.	Max 24 hrs except for bank holidays
Bank Supported and Charges	Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.	Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail	India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC
Likes	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...	No brokerage on losses. Pay Max Rs. 20 per order brokerage charges across segments. Zero brokerage on cash N carry (CNC) orders (delivery). Zero Demat AMC charges for 1st Year Hassle-free fund transfer via UPI and net banking. Apply for buyback, NFO, and OFS at Rs. 20 per order + GST. Pre-IPO apply feature to apply for IPO. Free mobile app and Binge trading software for active traders. Integrated watchlists, free scanners, quick order placement, and split order functionality. Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank. EspressoLogy and Learning center to learn about the stock market. Place bracket order (BO) and after-market order. Free GTD (Good Till Date) order Margin trading facility. No hidden charges. Detail Review...
Dislikes	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...	Espresso Sharekhan does not offer mutual funds. You cannot open an integrated 3-in-1 account. It does not provide 24*7 customer support. NRI cannot open an account with Espresso Sharekhan. Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform. Detail Review...
Special Offers/Promo
Enquiry	Open IIFL Securities Account Now>>	Open Espresso Sharekhan Account Now>>