Maitra Vs Sharekhan
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Maitra Vs Sharekhan - Broker Details
| Maitra | Sharekhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2000 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 153+ |
| Brokerage | ₹5/Lot Or ₹20/Order | 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
Maitra Vs Sharekhan - Account Opening & AMC Charges
| Maitra | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Maitra Vs Sharekhan - Brokerage charges & Plans
| Maitra | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹60/ Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹60/ Lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹1,00,000/ Year |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
Maitra Vs Sharekhan - Other Charges
| Maitra | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹1,00,000/ Year |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.10% |
Maitra Vs Sharekhan - Transaction Charges
| Maitra | Sharekhan | |
|---|---|---|
| Currency Options | 0.053% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0019% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.05% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | 0.0026% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Maitra Vs Sharekhan - Margin (Exposure)
| Maitra | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maitra Vs Sharekhan - Features
| Maitra | Sharekhan | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maitra Vs Sharekhan - Review & Rating
| Maitra | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maitra Vs Sharekhan - Request a call back from Broker
| Maitra | Sharekhan | |
|---|---|---|
Maitra Vs Sharekhan - Investment Options
| Maitra | Sharekhan | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Maitra Vs Sharekhan - Order Type
| Maitra | Sharekhan | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Maitra Vs Sharekhan - Research & Report
| Maitra | Sharekhan | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Maitra Vs Sharekhan - Daily Market Report
| Maitra | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Sharekhan - Suitable For Investor
| Maitra | Sharekhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Sharekhan - Pros & Cons
| Maitra | Sharekhan | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
Maitra Vs Sharekhan - Background
| Maitra | Sharekhan | |
|---|---|---|
Maitra Vs Sharekhan - Compare All Brokers
| Maitra | Sharekhan | |
|---|---|---|
Maitra Vs Sharekhan - STT/CTT
| Maitra | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Sharekhan - Demat transaction charges
| Maitra | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Maitra Vs Sharekhan - GST
| Maitra | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Maitra Vs Sharekhan - SEBI Charges
| Maitra | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Sharekhan - Account Opening & AMC Charges
Maitra
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Sharekhan
| Maitra | Sharekhan | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Maitra Vs Sharekhan - Brokerage charges & Plans
| Maitra | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹60/ Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹60/ Lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹1,00,000/ Year |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% per transaction value |
| Call Back Open Account |
Maitra Vs Sharekhan - Margin (Exposure)
| Maitra | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maitra Vs Sharekhan - Other Charges
| Maitra | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹1,00,000/ Year |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.10% |
Maitra Vs Sharekhan - STT/CTT
| Maitra | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Sharekhan - Demat transaction charges
| Maitra | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Maitra Vs Sharekhan - GST
| Maitra | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Maitra Vs Sharekhan - SEBI Charges
| Maitra | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Sharekhan - Features
| Maitra | Sharekhan | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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