Sharekhan Vs Definedge 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.
Definedge Securities
Sharekhan Vs Definedge Securities - Broker Details
| Sharekhan | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX. |
| Branches | 153+ | 270 |
| Brokerage | 0.03% | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Account Opening & AMC Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Brokerage charges & Plans
| Sharekhan | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹18 per executed order |
| Commodity Options | ₹60/ Lot | ₹18 per executed order |
| Equity Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Lot | ₹18 per executed order |
| Fixed Charges | ₹1,00,000/ Year | ₹18 per executed order |
| Equity Intraday | 0.03% per transaction value | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Other Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹18 per executed order |
| Minimum Brokerage | 0.10% | ₹18 per executed order |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Transaction Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Margin (Exposure)
| Sharekhan | Definedge 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 Definedge Securities - Features
| Sharekhan | Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Sharekhan Vs Definedge Securities - Review & Rating
| Sharekhan | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Request a call back from Broker
| Sharekhan | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Investment Options
| Sharekhan | Definedge 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 Definedge Securities - Order Type
| Sharekhan | Definedge 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 Definedge Securities - Research & Report
| Sharekhan | Definedge 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 Definedge Securities - Daily Market Report
| Sharekhan | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Sharekhan Vs Definedge Securities - Suitable For Investor
| Sharekhan | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Sharekhan Vs Definedge Securities - Pros & Cons
| Sharekhan | Definedge 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Background
| Sharekhan | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Compare All Brokers
| Sharekhan | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Definedge Securities - STT/CTT
| Sharekhan | Definedge 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 |
| 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 Definedge Securities - Demat transaction charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - GST
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - SEBI Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Account Opening & AMC Charges
Sharekhan
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Sharekhan Vs Definedge Securities
| Sharekhan | Definedge 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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Sharekhan Vs Definedge Securities - Brokerage charges & Plans
| Sharekhan | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹18 per executed order |
| Commodity Options | ₹60/ Lot | ₹18 per executed order |
| Equity Futures | 0.03% per transaction value | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Lot | ₹18 per executed order |
| Fixed Charges | ₹1,00,000/ Year | ₹18 per executed order |
| Equity Intraday | 0.03% per transaction value | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Margin (Exposure)
| Sharekhan | Definedge 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 Definedge Securities - Other Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹18 per executed order |
| Minimum Brokerage | 0.10% | ₹18 per executed order |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - STT/CTT
| Sharekhan | Definedge 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 |
| 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 Definedge Securities - Demat transaction charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - GST
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - SEBI Charges
| Sharekhan | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Sharekhan Vs Definedge Securities - Features
| Sharekhan | Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |