IIFL Securities Vs Reliance Securities Vs Sharekhan: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of Sharekhan ranges between 0.1 to 0.5%. All 3 brokers are full service brokers. Overall rating for IIFL Securities is 4, Reliance Securities is rated 3.5, Sharekhan is rated 4 out of 5.

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

Compare 2 Brokers

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Service

	IIFL Securities	Reliance Securities	Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Full Service Broker	Full Service Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE	BSE, NSE, MCX, NCDEX
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,...	Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...	Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...
Broker Enquiry

Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs Reliance Securities vs Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Sharekhan offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account, where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Reliance Securities vs Sharekhan
Charges	IIFL Securities	Reliance Securities	Sharekhan
Trading Account Opening Fees	Free	Rs 950	Free
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. 2,500 (Lifetime Free AMC)	Rs 400 PA (Free for 1st year))
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Reliance Securities vs Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities and Sharekhan offers Multiple Plans where IIFL Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening Request

Account Opening

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

Brokerage Charges

Compare IIFL Securities vs Reliance Securities vs 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.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare IIFL Securities vs Reliance Securities vs Sharekhan
Brokerage Charges Compare	IIFL Securities	Reliance Securities	Sharekhan
Plan Name	IIFL iSERVE Brokerage Plan	R-FIXED Online Brokerage Plan (Percentage Based)	Sharkehan Brokerage Plan
Equity Delivery	Flat Rs 20 per order	0.50%	0.30%
Equity Intraday	Flat Rs 20 per order	0.05%	0.02%
Equity Futures	Flat Rs 20 per order	0.05%	0.02%
Equity Options	Flat Rs 20 per order	Rs 100 Per Lot	Rs 20 per lot
Currency Futures	Flat Rs 20 per order	0.05%	0.02%
Currency Options	Flat Rs 20 per order	Rs 100 Per Lot	Rs 5 per lot
Commodity Trading	Flat Rs 20 per order	Future: 0.05%\| Options: Rs 100 per lot	Rs 20 per lot
Minimum Brokerage		5 paise per share	Rs 20
Hidden Charges	Info Not Available	No
Call & Trade Charges	Rs 50 Per Call + GST	Rs 20 per call (Free First 20 call per month)	Free
Auto Square off Charges	Rs 50 Per Call + GST	Free First 20 call PM and Rs 20 their onwards.	Free
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Reliance Securities	Brokerage Calculator for Sharekhan

Share Broker's Transaction Charges

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Reliance Securities vs Sharekhan
Transaction Charges Compare	IIFL Securities	Reliance Securities	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 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 reliance-securities	Complete Brokerage Plans for sharekhan

Account Features

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Account Features

Compare IIFL Securities vs Reliance Securities vs 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 -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - IIFL Securities vs Reliance Securities vs Sharekhan
Account Features Compare	IIFL Securities	Reliance Securities	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	3:15PM	3:15PM
NRI Trading
Other Features	NIL	Mobile Application: Rmobile Xpress	NIL

Trading Platform

Compare IIFL Securities vs Reliance Securities vs Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Reliance Securities vs 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 Reliance Securities vs Sharekhan
Trading Platform Compare	IIFL Securities	Reliance Securities	Sharekhan
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	http://tick.rsec.co.in/	https://www.sharekhan.com/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	IIFL Markets	TICK PRO	Sharekhan
Mobile Trading App Demo	IIFL Markets Demo	TICK PRO Demo	Sharekhan Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod TICK PRO Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS TICK PRO Download	iOS Sharekhan 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 Reliance Securities	Equity Intraday and Delivery Brokerage Calculator for Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Reliance Securities	Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Reliance Securities	Options Brokerage Calculator for Sharekhan
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for reliance-securities	Detail on Trading Platforms for sharekhan

Broker Ratings by Users

Compare IIFL Securities vs Reliance Securities vs Sharekhan on User Rating

	IIFL Securities	Reliance Securities	Sharekhan
	82 Customer Reviews	52 Customer Reviews	184 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	Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews	Sharekhan is Rated 3.6 / 5 based on 184 customer reviews

Investment Offerings

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Investment Offerings

Compare IIFL Securities vs Reliance Securities vs 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare IIFL Securities vs Reliance Securities vs Sharekhan
Investment Offerings Compare	IIFL Securities	Reliance Securities	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	NIL

Order Types

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Order Types

Order Type - Compare IIFL Securities vs Reliance Securities vs 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 - IIFL Securities and Sharekhan offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.

Order Types - Compare IIFL Securities vs Reliance Securities vs Sharekhan
Order Type Compare	IIFL Securities	Reliance Securities	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 Reliance Securities vs Sharekhan on Customer Service

Compare IIFL Securities vs Reliance Securities vs 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 Reliance Securities vs Sharekhan
Customer Service Compare	IIFL Securities	Reliance Securities	Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	022 41596000 \| 022 62436000	1800227500
Account Opening Process	Online/Paperless	Online/Paperless	Offline
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://www.reliancesmartmoney.com/Insights	https://www.sharekhan.com/help/hello
Head Office Address	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055	Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042
Website	https://www.indiainfoline.com/	https://www.reliancesmartmoney.com	https://www.sharekhan.com

Tips/Research/Reports Published

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Research Reports, Tips

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

Research Reports - Compare IIFL Securities vs Reliance Securities vs Sharekhan
	IIFL Securities	Reliance Securities	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 Reliance Securities vs Sharekhan on Demat Account

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

Demat Charges - Compare IIFL Securities vs Reliance Securities vs Sharekhan
	IIFL Securities	Reliance Securities	Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	44700	41400	36000
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹300 pa	₹500 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	Nil	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	0.04% (Min ₹27) + CDSL charges	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹15 per certificate + ₹40 courier charges	₹5 per certificate + ₹30 request charges	₹5 per certificate (Min 50 per request)
Remat	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	₹50	0.05% of transaction value (Min ₹30)	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	0.05% of transaction value (Min ₹30)	Nil
Pledge Closure	Nil	0.05% of transaction value (Min ₹30)	Nil
Pledge Closure Confirmation	Nil	0.05% of transaction value (Min ₹30)	Nil
Pledge Invocation	Nil	0.05% of transaction value (Min ₹30)	Nil
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Special Offers and Promotion

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

Compare IIFL Securities vs Reliance Securities vs Sharekhan on Special Offers and Promotion
	IIFL Securities	Reliance Securities	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...	Multiple exchanges trading on BSE, NSE, and MCX. Buy insurance plans like car insurance, health insurance, general insurance, etc. Multiple brokerage plans. Free state of the art and user-friendly TICK web, app, and desktop platform. Zero Demat Account opening fees. Zero brokerage benefits for the first 30 days. No AMC for the first year. Research reports, model portfolios, and stocks and mutual funds research recommendations. R Model Portfolio and mutual fund basket recommendations. Invest in the portfolio management services. Robo assist technology platform for goal-based investing. NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO). Place Valid Till Cancelled order for maximum validity of 45 days. Free first 20 call & trade every month. An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners. Detail Review...	Free account opening facility at zero fees. Multiple brokerage plans for traders and investors. In-house easy-to-use modern-technology web, app, and terminal-based trading platforms. Free mutual fund investment at Rs. 0 brokerage. Sharekhan NEO, a mutual fund Robo-advisory platform. Intraday trading tips, recommendations, and stock market research & advisory Invest in the basket of stocks (portfolio) and get timely recommendations. Margin trading facility, portfolio management services, and loan against securities. Free call and trade facility to customers. Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order. Free learning resources (Sharekhan classroom, articles & blogs) for stock market education. A dedicated team of 7500+ relationship managers. 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 flat brokerage plan is offered by Reliance Securities. High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox. The full-service broker does not have a toll-free number to *provide 247 customer support**. Detail Review...	It doesn’t allow opening a 3-in-1 account. High brokerage charge is the biggest drawback to trading with Sharekhan. Does not offer Direct mutual fund. Detail Review...
Special Offers/Promo
	Enquire for IIFL Securities	Enquire for Reliance Securities	Enquire for Sharekhan

Last Updated on

Transaction Charges Compare	IIFL Securities	Reliance Securities	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 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 reliance-securities	Complete Brokerage Plans for sharekhan