Sharekhan Vs Flattrade
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.
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Sharekhan Vs Flattrade - Broker Details
| Sharekhan | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE and MCX |
| Branches | 153+ | 6 |
| Brokerage | 0.03% | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Account Opening & AMC Charges
| Sharekhan | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Brokerage charges & Plans
| Sharekhan | Flattrade | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹0 (Free) |
| Currency Futures | 0.03% per transaction value | ₹0 (Free) |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹0 (Free) |
| Commodity Options | ₹60/ Lot | ₹0 (Free) |
| Equity Futures | 0.03% per transaction value | ₹0 (Free) |
| Currency Options | ₹20/ Lot | ₹0 (Free) |
| Fixed Charges | ₹1,00,000/ Year | ₹0 (Free) |
| Equity Intraday | 0.03% per transaction value | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Other Charges
| Sharekhan | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹0 (Free) |
| Minimum Brokerage | 0.10% | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Transaction Charges
| Sharekhan | Flattrade | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | 0.0020% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | 0.053% (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Margin (Exposure)
| Sharekhan | Flattrade | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of NRML margin (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 (100% of trade value) | 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) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Features
| Sharekhan | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Review & Rating
| Sharekhan | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Request a call back from Broker
| Sharekhan | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Investment Options
| Sharekhan | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Order Type
| Sharekhan | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Research & Report
| Sharekhan | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Daily Market Report
| Sharekhan | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Suitable For Investor
| Sharekhan | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Pros & Cons
| Sharekhan | Flattrade | |
|---|---|---|
| Pros | 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. | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 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. | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Background
| Sharekhan | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Compare All Brokers
| Sharekhan | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - STT/CTT
| Sharekhan | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on sell Side | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% Buy & 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 |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Demat transaction charges
| Sharekhan | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - GST
| Sharekhan | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - SEBI Charges
| Sharekhan | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Account Opening & AMC Charges
Sharekhan
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Sharekhan Vs Flattrade
| Sharekhan | Flattrade | |
|---|---|---|
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 .. + " Vs "+ Flattrade |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Sharekhan Vs Flattrade - Brokerage charges & Plans
| Sharekhan | Flattrade | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹0 (Free) |
| Currency Futures | 0.03% per transaction value | ₹0 (Free) |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹0 (Free) |
| Commodity Options | ₹60/ Lot | ₹0 (Free) |
| Equity Futures | 0.03% per transaction value | ₹0 (Free) |
| Currency Options | ₹20/ Lot | ₹0 (Free) |
| Fixed Charges | ₹1,00,000/ Year | ₹0 (Free) |
| Equity Intraday | 0.03% per transaction value | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Margin (Exposure)
| Sharekhan | Flattrade | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of NRML margin (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 (100% of trade value) | 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) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Flattrade - Other Charges
| Sharekhan | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹0 (Free) |
| Minimum Brokerage | 0.10% | ₹0 (Free) |
| Call Back Open Account |
Sharekhan Vs Flattrade - STT/CTT
| Sharekhan | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on sell Side | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% Buy & 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 |
| Call Back Open Account |
Sharekhan Vs Flattrade - Demat transaction charges
| Sharekhan | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Sharekhan Vs Flattrade - GST
| Sharekhan | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Sharekhan Vs Flattrade - SEBI Charges
| Sharekhan | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs Flattrade - Features
| Sharekhan | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
|
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| Call Back Open Account | Call Back Open Account |