IIFL Securities Vs Zerodha Vs Espresso Sharekhan: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Espresso Sharekhan ranges between Rs 20. The broker Zerodha and Espresso Sharekhan are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Zerodha is rated 4.5, Espresso Sharekhan is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Zerodha vs Espresso Sharekhan 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 Zerodha vs Espresso Sharekhan 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 Zerodha vs Espresso Sharekhan in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Service

	IIFL Securities	Zerodha	Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX	BSE, NSE, MCX
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,...	Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.	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 Zerodha vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Zerodha vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Zerodha offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Charges	IIFL Securities	Zerodha	Espresso Sharekhan
Trading Account Opening Fees	Free	Free	Rs. 354 (Free for limited time)
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 250 PA (Free for 1st year)	Rs 300 PA	Rs. 400 PA
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Zerodha vs Espresso Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Plan Options
Plan Types	IIFL Securities	Zerodha	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Espresso Sharekhan	Zerodha
Account Opening Request	Open IIFL Securities Account Now>>	Open Espresso Sharekhan Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare IIFL Securities vs Zerodha vs Espresso Sharekhanon Brokerage Charges

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

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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.

Brokerage Charges - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Brokerage Charges Compare	IIFL Securities	Zerodha	Espresso Sharekhan
Plan Name	IIFL iSERVE Brokerage Plan	Max Rs 20 per order Trading Plan	Pay Only When You Profit
Equity Delivery	Flat Rs 20 per order	Free	Free
Equity Intraday	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Equity Options	Flat Rs 20 per order	Flat Fee Rs 20	Flat Fee Rs 20
Currency Futures	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Currency Options	Flat Rs 20 per order	Flat Fee Rs 20	Flat Fee Rs 20
Commodity Trading	Flat Rs 20 per order	Flat Fee Rs 20	0.03% or Rs 20 whichever is lower
Minimum Brokerage		NIL	NIL
Hidden Charges	Info Not Available	No
Call & Trade Charges	Rs 50 Per Call + GST	Rs 50 Per Executable Order	Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges	Rs 50 Per Call + GST	Rs 50 Per Executable Order	Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Zerodha	Brokerage Calculator for Espresso Sharekhan

Share Broker's Transaction Charges

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Transaction Charges Compare	IIFL Securities	Zerodha	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 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 zerodha	Complete Brokerage Plans for espresso-sharekhan

Account Features

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Account Features

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Espresso Sharekhan offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - IIFL Securities and Zerodha offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - IIFL Securities vs Zerodha vs Espresso Sharekhan
Account Features Compare	IIFL Securities	Zerodha	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	3:20 PM	3:15 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare IIFL Securities vs Zerodha vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Zerodha vs Espresso Sharekhan. 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.

Trading Platform - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Trading Platform Compare	IIFL Securities	Zerodha	Espresso Sharekhan
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	Zerodha Kite Web	https://trade.myespresso.com/trading/login
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	IIFL Markets	Zerodha Kite App	Espresso Mobile App
Mobile Trading App Demo	IIFL Markets Demo	Zerodha Kite App Demo	Espresso Mobile App Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod Zerodha Kite App Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS Zerodha Kite App Download	iOS Espresso Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Zerodha	Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Zerodha	Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Zerodha	Options Brokerage Calculator for Espresso Sharekhan
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for zerodha	Detail on Trading Platforms for espresso-sharekhan

Broker Ratings by Users

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on User Rating

	IIFL Securities	Zerodha	Espresso Sharekhan
	82 Customer Reviews	160 Customer Reviews	20 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Zerodha is Rated 3.9 / 5 based on 160 customer reviews	Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews

Investment Offerings

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Investment Offerings

Compare IIFL Securities vs Zerodha vs 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 - 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 Zerodha offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where Zerodha and Espresso Sharekhan doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Investment Offerings Compare	IIFL Securities	Zerodha	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	NIL	SGB, Buyback, IPO

Order Types

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Order Types

Order Type - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan 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) - All 3 brokers doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. 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 Types - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Order Type Compare	IIFL Securities	Zerodha	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 Zerodha vs Espresso Sharekhan on Customer Service

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan 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 Support - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
Customer Service Compare	IIFL Securities	Zerodha	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	"+ 91 80 4040 2020"	022 6767 0700
Account Opening Process	Online/Paperless	Online/Paperless	100% online/paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://zerodha.com/varsity/	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	Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078	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://zerodha.com/	https://www.myespresso.com/

Tips/Research/Reports Published

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Research Reports, Tips

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
	IIFL Securities	Zerodha	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 Zerodha vs Espresso Sharekhan on Demat Account

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Zerodha vs Espresso Sharekhan
	IIFL Securities	Zerodha	Espresso Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	44700	81600	36000
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹300 pa	₹400 pa
Advance Deposit	Nil	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	₹50	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹8 + ₹5.50 (CDSL Charges) per transaction	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹15 per certificate + ₹40 courier charges	₹150 per certificate + ₹100 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	₹150 per certificate + ₹100 courier charges + CDSL Charges	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	₹50	₹20 + ₹12 CSDL charges	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	Nil	NIL
Pledge Closure	Nil	₹20 + ₹12 CSDL charges	NIL
Pledge Closure Confirmation	Nil	Nil	NIL
Pledge Invocation	Nil	₹20	NIL
Failed Instruction Charges	Nil	₹50 per instraction	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Special Offers and Promotion

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Zerodha vs Espresso Sharekhan on Special Offers and Promotion
	IIFL Securities	Zerodha	Espresso Sharekhan
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...	You will enjoy many benefits or advantages while trading with Zerodha; Rs 0 brokerage on investment in stocks Flat Rs 20 intraday and F&O trades Invest in direct mutual funds for free Instant and paperless account opening and closure Mainboard and SME IPO Apply via UPI Modern platforms and apps for free of cost Varsity, a free stock market learning platform No upfront fee required Advance orders; Basket order, Cover order (CO), After market order, GTT, etc. Zero-level Debt Company. 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 1^st 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...	No intraday tips, equity research and advisory No unlimited zero brokerage plan for intraday traders No 3-in-1 account Software glitches in Kite happens at certain times. No Installable trading terminal Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc. Detail Review...	Espresso Sharekhan does not offer mutual funds. You cannot open an integrated 3-in-1 account. It *does not provide 247 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		Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
	Enquire for IIFL Securities	Enquire for Zerodha	Enquire for Espresso Sharekhan

Last Updated on

Transaction Charges Compare	IIFL Securities	Zerodha	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 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 zerodha	Complete Brokerage Plans for espresso-sharekhan