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The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Espresso Sharekhan ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker IIFL Securities and AxisDirect are full service brokers where Espresso Sharekhan is a discount broker. Overall rating for IIFL Securities is 4, Espresso Sharekhan is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of IIFL Securities vs Espresso Sharekhan vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs Espresso Sharekhan vs AxisDirect on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs Espresso Sharekhan vs AxisDirect in this setion with 360 degree view of broker information.
 IIFL Securities |
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| Broker Type | Full Service Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX | NSE, BSE |
| 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. | Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... |
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In this section we have compared IIFL Securities vs Espresso Sharekhan vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities charges Free for account opening, Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Espresso Sharekhan charges Rs. 400 PA AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | IIFL Securities | Espresso Sharekhan | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs. 354 (Free for limited time) | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 250 PA (Free for 1st year) | Rs. 400 PA | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare IIFL Securities vs Espresso Sharekhan vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where IIFL Securities and Espresso Sharekhan doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| IIFL Securities | Espresso Sharekhan | Zerodha | |
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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.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| Plan Name | IIFL iSERVE Brokerage Plan | Pay Only When You Profit | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Flat Rs 20 per order | Free | 0.50% (Each leg) |
| Equity Intraday | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Options | Flat Rs 20 per order | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | 0.05% (Each Leg) |
| Currency Options | Flat Rs 20 per order | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Flat Rs 20 per order | 0.03% or Rs 20 whichever is lower | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NIL | ||
| Hidden Charges | Info Not Available | No | |
| Funding | Yes - 18% interest PA | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 Per Call + GST | Rs. 50 + GST per order placed through dealing desk | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50 Per Call + GST | Rs. 50 + GST per order placed through dealing desk | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Espresso Sharekhan | Brokerage Calculator for AxisDirect |
Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | |
| Brokerage Charges | Complete Brokerage Plans for iifl-securities | Complete Brokerage Plans for espresso-sharekhan | Complete Brokerage Plans for axisdirect |
Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where IIFL Securities and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities and AxisDirect offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 2:45 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Espresso Sharekhan vs AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| IIFL Securities | Espresso Sharekhan | AxisDirect | ||
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82 Customer Reviews
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1 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| 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 | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - IIFL Securities and AxisDirect offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where Espresso Sharekhan and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| Other Investment Options | NIL | SGB, Buyback, IPO | NIL |
Order Type - Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - IIFL Securities and AxisDirect provides Cover Orders (CO) facility where Espresso Sharekhan doesn't provides Cover Orders. Bracket Orders (BO) - Espresso Sharekhan provides Bracket Orders (BO) facility where IIFL Securities and AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
| Order Type Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | IIFL Securities | Espresso Sharekhan | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 022-40071000 | 022 6767 0700 | 022-61480808 |
| Account Opening Process | Online/Paperless | 100% online/paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx | https://www.myespresso.com/the-espresso-blog | https://simplehai.axisdirect.in/learn/overview |
| 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. | Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://www.indiainfoline.com/ | https://www.myespresso.com/ | https://simplehai.axisdirect.in |
Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on research reports and tips provided by broker.
| IIFL Securities | Espresso Sharekhan | AxisDirect | |
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Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| IIFL Securities | Espresso Sharekhan | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 44700 | CDSL-DP-45 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹400 pa | ₹500 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) | Nil |
| Statutory charges | Nil | Actual Stamp Paper Charges | Nil |
| 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) | ₹10 |
| Demat | ₹15 per certificate + ₹40 courier charges | ₹5 per certificate (Min 50 per request) | ₹3 per certificate |
| 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 | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹50 | 0.03% (Min ₹100) | ₹25 |
| Pledge Creation Confirmation | Nil | NIL | ₹25 |
| Pledge Closure | Nil | NIL | ₹25 |
| Pledge Closure Confirmation | Nil | NIL | ₹25 |
| Pledge Invocation | Nil | NIL | Nil |
| Failed Instruction Charges | Nil | 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 |
Nil |
Compare IIFL Securities vs Espresso Sharekhan vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| IIFL Securities | Espresso Sharekhan | AxisDirect | |
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| 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 |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. 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 | Instant to Axis Bank. |
| 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 | NA |
| Bank Detail | India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC |
Direct from your Axis bank account. | |
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| Special Offers/Promo | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | ||
| Enquire for IIFL Securities | Enquire for Espresso Sharekhan | Enquire for AxisDirect |
Last Updated on 2023-09-14T04:42:55+00:00
