Sushil Finance Vs Sharekhan
Sushil Finance
Sushil Finance 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.
Sushil Finance Vs Sharekhan - Broker Details
| Sushil Finance | Sharekhan | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1982 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 367 | 153+ |
| Brokerage | 0.03% | 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Account Opening & AMC Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + GST per year | ₹400 (from 2nd year) |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Brokerage charges & Plans
| Sushil Finance | Sharekhan | |
|---|---|---|
| Commodity Futures | N/A | 0.03% per transaction value |
| Currency Futures | 0.03% | 0.03% per transaction value |
| Equity Delivery | 0.35% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹60 per lot | ₹60/ Lot |
| Commodity Options | N/A | ₹60/ Lot |
| Equity Futures | 0.03% | 0.03% per transaction value |
| Currency Options | ₹60 per lot | ₹20/ Lot |
| Fixed Charges | 0.03% | ₹1,00,000/ Year |
| Equity Intraday | 0.03% | 0.03% per transaction value |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Other Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | ₹1,00,000/ Year |
| Minimum Brokerage | 0.03% | 0.10% |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Transaction Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Currency Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE:200 Per Cr | BSE:FREE | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Margin (Exposure)
| Sushil Finance | 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) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Features
| Sushil Finance | 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 & F&O:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Review & Rating
| Sushil Finance | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Request a call back from Broker
| Sushil Finance | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Investment Options
| Sushil Finance | Sharekhan | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Order Type
| Sushil Finance | Sharekhan | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Research & Report
| Sushil Finance | Sharekhan | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Daily Market Report
| Sushil Finance | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Suitable For Investor
| Sushil Finance | Sharekhan | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Pros & Cons
| Sushil Finance | Sharekhan | |
|---|---|---|
| Pros | 1. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. | 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. | 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. |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Background
| Sushil Finance | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Compare All Brokers
| Sushil Finance | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Sushil Finance Vs Sharekhan - STT/CTT
| Sushil Finance | Sharekhan | |
|---|---|---|
| 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(on Premium) | 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 | 0.0125% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Demat transaction charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - GST
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - SEBI Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Account Opening & AMC Charges
Sushil Finance
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + GST per year
₹400 (from 2nd year)
Trading Account AMC
NA
₹0 (Free)
Sushil Finance Vs Sharekhan
| Sushil Finance | Sharekhan | |
|---|---|---|
Sushil Finance Account Opening 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 .. |
|
|
|
|
|
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.
Sushil Finance Vs Sharekhan - Brokerage charges & Plans
| Sushil Finance | Sharekhan | |
|---|---|---|
| Commodity Futures | N/A | 0.03% per transaction value |
| Currency Futures | 0.03% | 0.03% per transaction value |
| Equity Delivery | 0.35% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹60 per lot | ₹60/ Lot |
| Commodity Options | N/A | ₹60/ Lot |
| Equity Futures | 0.03% | 0.03% per transaction value |
| Currency Options | ₹60 per lot | ₹20/ Lot |
| Fixed Charges | 0.03% | ₹1,00,000/ Year |
| Equity Intraday | 0.03% | 0.03% per transaction value |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Margin (Exposure)
| Sushil Finance | 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) |
| Call Back Open Account |
Sushil Finance Vs Sharekhan - Other Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | ₹1,00,000/ Year |
| Minimum Brokerage | 0.03% | 0.10% |
Sushil Finance Vs Sharekhan - STT/CTT
| Sushil Finance | Sharekhan | |
|---|---|---|
| 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(on Premium) | 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 | 0.0125% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sushil Finance Vs Sharekhan - Demat transaction charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹0 (Free) |
Sushil Finance Vs Sharekhan - GST
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Sushil Finance Vs Sharekhan - SEBI Charges
| Sushil Finance | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Sushil Finance Vs Sharekhan - Features
| Sushil Finance | 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 & F&O:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |