India Infoline vs ShareKhan – Point by Point Comparison

When a person plans to choose a firm that he trusts for managing his shares, it is important to know a few factors about the firm. Finding out differences between two major firms, India-Infoline and ShareKhan, it is equally important to look for the similarities in each firm.

The very first fact that one should keep in mind is that India-Infoline and ShareKhan are full service brokers. Now when you go on choosing between both the firms it is very important to look for benefits that these firms provide. One must take care of registration charges that the firms ask for these vary from firm to firm. But there is a similarity between the two, India-Infoline asks for Rs. 750 and ShareKhan also asks for Rs. 750.

Considering the very next important factor about the brokerage charges, one must keep in mind that India-Infoline charges 0.50% of every trade as its brokerage and ShareKhan also charges 0.50% of every trade. It is interesting to know that both the firms have almost equal charges and facilities. Therefore, before choosing one must have a close observation on both the firms and their facilities.

    India Infoline ShareKhan
Basic Information Type of Broker Full Service Broker Full Service Broker
Exchanges BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NSEL & NCDEX
Fees for Opening Trading Account Rs. 750 Rs. 750
Annual Maintenance Charges of Trading Account NA Rs. 450
Fees for Opening Demat Account Rs. 555 Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.50% 0.50%
Equity Intraday Charges 0.05% 0.10%
Equity Future Charges 0.05% 0.10%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 100 per lot or 2.5% on premium, whichever is higher
Currency Futures Charges 0.05% 0.10%
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 100 per lot or 2.5% on premium, whichever is higher
Commodity Charges 0.05% 0.10%
Minimum Brokerage Charges Rs. 0.05 per share Rs. 0.10 per share
Transaction Charges Equity Delivery 0.00% 0.1% from both sides
Equity Intraday 0.00% 0.03%
Equity Futures 0.00% 0.17% from selling side
Equity Options 0.051% on Premium 0.017% on premium from selling side
Currency Futures 0.00% 0.17% from selling side
Currency Options 0.051% on Premium 0.017% on premium from selling side
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal Trade Tiger
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD NA Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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