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

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

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

Compare 2 Brokers

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Service

	IIFL Securities	Upstox	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,...	Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.	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 Upstox vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Upstox vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities charges Free for account opening, Upstox charges Promotion offer: Free for account opeing, and 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, Upstox charges Free AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Upstox vs Espresso Sharekhan
Charges	IIFL Securities	Upstox	Espresso Sharekhan
Trading Account Opening Fees	Free	Promotion offer: 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)	Free	Rs. 400 PA
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Upstox 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 Upstox vs Espresso Sharekhan on Plan Options
Plan Types	IIFL Securities	Upstox	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

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

Brokerage Charges

Compare IIFL Securities vs Upstox 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

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 Upstox vs Espresso Sharekhan
Brokerage Charges Compare	IIFL Securities	Upstox	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	2.5% or Rs 20 whichever is lower	Free
Equity Intraday	Flat Rs 20 per order	0.05% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Rs 20 per order	0.05% 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	0.05% 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
Hidden Charges	Info Not Available	Info Not Available
Call & Trade Charges	Rs 50 Per Call + GST	Rs 50 + 18% GST	Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges	Rs 50 Per Call + GST	Rs 50 + 18% GST	Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Upstox	Brokerage Calculator for Espresso Sharekhan

Share Broker's Transaction Charges

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Upstox vs Espresso Sharekhan
Transaction Charges Compare	IIFL Securities	Upstox	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 upstox	Complete Brokerage Plans for espresso-sharekhan

Account Features

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Account Features

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox 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 offers NRI Trading where Upstox and Espresso Sharekhan doesn't offers NRI Trading.

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

Trading Platform

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

Broker Ratings by Users

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on User Rating

	IIFL Securities	Upstox	Espresso Sharekhan
	82 Customer Reviews	12 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	Upstox is Rated 3.7 / 5 based on 12 customer reviews	Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews

Investment Offerings

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Investment Offerings

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

Investment Offerings - Compare IIFL Securities vs Upstox vs Espresso Sharekhan
Investment Offerings Compare	IIFL Securities	Upstox	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

Customer Service Offered

Compare IIFL Securities vs Upstox vs Espresso Sharekhan on Customer Service

Compare IIFL Securities vs Upstox 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 Upstox vs Espresso Sharekhan
Customer Service Compare	IIFL Securities	Upstox	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	+91 22 6130 9999	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://upstox.com/help-center/	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	Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013	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://upstox.com/	https://www.myespresso.com/

Tips/Research/Reports Published

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

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

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

Compare IIFL Securities vs Upstox 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 Upstox vs Espresso Sharekhan
	IIFL Securities	Upstox	Espresso Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	44700	81800	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	Nil	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹13 + ₹5.50 CDSL charges	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹15 per certificate + ₹40 courier charges	₹20 + ₹50 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	₹100 for every hundred securities or ₹25 per certificate (whichever is higher)	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	₹50	0.02% of the transaction value (Min ₹50) + CDSL charges	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Closure	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Closure Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Invocation	Nil	0.05% of the transaction value (Min ₹50)	NIL
Failed Instruction Charges	Nil	₹50	Nil
Other Charges

Special Offers,Advantages,Disadvantages

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

Compare IIFL Securities vs Upstox 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 Upstox vs Espresso Sharekhan on Special Offers and Promotion
	IIFL Securities	Upstox	Espresso Sharekhan
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...	Before you open an Upstox account, check out the advantages on why to trade with Upstox. No account opening charges and Zero Demat maintenance charge. Cheapest flat brokerage of Rs 20 per order Best platforms for traders and investors Invest in mutual funds and IPOs for free. Invest across global companies in 25+ countries. Advanced orders like bracket order, cover order, AMO, and GTT order. Advanced Pro web and mobile app-based trading platforms. TradingView charts, multiple technical indicators, and drawing tools Margin Trading Facility and margin against shares Free API access UpLearn free learning platform 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...	There are some setbacks or disadvantages also while trading with Upstox; Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading. Upstox does not have unlimited monthly trading plan. It does not provide stock trading tips and recommendations. Does not offer NRI trading. 24/7 customer service is not available. 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		Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
	Enquire for IIFL Securities	Enquire for Upstox	Enquire for Espresso Sharekhan

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Transaction Charges Compare	IIFL Securities	Upstox	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 upstox	Complete Brokerage Plans for espresso-sharekhan