Sharekhan Vs CIL Securities
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.
CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sharekhan Vs CIL Securities - Broker Details
| Sharekhan | CIL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1989 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE and MCX |
| Branches | 153+ | N/A |
| Brokerage | 0.03% | ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Account Opening & AMC Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹400 from 2nd Year ( 1st Year Free) |
| Trading Account AMC | ₹0 (Free) | ₹1000 from 2nd Year ( 1st Year Free) |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Brokerage charges & Plans
| Sharekhan | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20 per order |
| Currency Futures | 0.03% per transaction value | ₹20 per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹20 per order |
| Equity Options | ₹60/ Lot | ₹20 per order |
| Commodity Options | ₹60/ Lot | ₹20 per order |
| Equity Futures | 0.03% per transaction value | ₹20 per order |
| Currency Options | ₹20/ Lot | ₹20 per order |
| Fixed Charges | ₹1,00,000/ Year | ₹20 per order |
| Equity Intraday | 0.03% per transaction value | ₹20 per order |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Other Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹20 per order |
| Minimum Brokerage | 0.10% | ₹20 per order |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Transaction Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | 0.057% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | 0.0032% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | 0.0032% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | 0.00323% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | N/A |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | 0.00240% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 0.0032% |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Margin (Exposure)
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Features
| Sharekhan | CIL Securities | |
|---|---|---|
| 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 Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Sharekhan Vs CIL Securities - Review & Rating
| Sharekhan | CIL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs CIL Securities - Request a call back from Broker
| Sharekhan | CIL Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs CIL Securities - Investment Options
| Sharekhan | CIL Securities | |
|---|---|---|
| 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 |
Sharekhan Vs CIL Securities - Order Type
| Sharekhan | CIL Securities | |
|---|---|---|
| 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 |
Sharekhan Vs CIL Securities - Research & Report
| Sharekhan | CIL Securities | |
|---|---|---|
| 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 |
Sharekhan Vs CIL Securities - Daily Market Report
| Sharekhan | CIL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Sharekhan Vs CIL Securities - Suitable For Investor
| Sharekhan | CIL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Sharekhan Vs CIL Securities - Pros & Cons
| Sharekhan | CIL Securities | |
|---|---|---|
| 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. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. |
| 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. Market volatility and risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Background
| Sharekhan | CIL Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs CIL Securities - Compare All Brokers
| Sharekhan | CIL Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs CIL Securities - STT/CTT
| Sharekhan | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 0.05% on Sell Side(on Premium) |
| 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 |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Demat transaction charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Sharekhan Vs CIL Securities - GST
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Sharekhan Vs CIL Securities - SEBI Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Account Opening & AMC Charges
Sharekhan
CIL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹400 from 2nd Year ( 1st Year Free)
Trading Account AMC
₹0 (Free)
₹1000 from 2nd Year ( 1st Year Free)
Sharekhan Vs CIL Securities
| Sharekhan | CIL Securities | |
|---|---|---|
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 "+ CIL Securities |
CIL Securities Account Opening Charges and Required Documents Details |
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CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sharekhan Vs CIL Securities - Brokerage charges & Plans
| Sharekhan | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20 per order |
| Currency Futures | 0.03% per transaction value | ₹20 per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹20 per order |
| Equity Options | ₹60/ Lot | ₹20 per order |
| Commodity Options | ₹60/ Lot | ₹20 per order |
| Equity Futures | 0.03% per transaction value | ₹20 per order |
| Currency Options | ₹20/ Lot | ₹20 per order |
| Fixed Charges | ₹1,00,000/ Year | ₹20 per order |
| Equity Intraday | 0.03% per transaction value | ₹20 per order |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Margin (Exposure)
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Other Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹20 per order |
| Minimum Brokerage | 0.10% | ₹20 per order |
| Call Back Open Account |
Sharekhan Vs CIL Securities - STT/CTT
| Sharekhan | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 0.05% on Sell Side(on Premium) |
| 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 |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Demat transaction charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Sharekhan Vs CIL Securities - GST
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Sharekhan Vs CIL Securities - SEBI Charges
| Sharekhan | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs CIL Securities - Features
| Sharekhan | CIL Securities | |
|---|---|---|
| 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 Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |