Zerodha Vs Sharekhan
Zerodha
Zerodha 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.
Zerodha Vs Sharekhan - Broker Details
| Zerodha | Sharekhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 120+ | 153+ |
| Brokerage | ₹20/ Order or 0.03% | 0.03% |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Account Opening & AMC Charges
| Zerodha | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Brokerage charges & Plans
| Zerodha | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Equity Delivery | Zero Brokerage | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹20/ Order | ₹60/ Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Lot |
| Fixed Charges | ₹20/Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Other Charges
| Zerodha | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Transaction Charges
| Zerodha | Sharekhan | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Margin (Exposure)
| Zerodha | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Features
| Zerodha | Sharekhan | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
|
|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Review & Rating
| Zerodha | Sharekhan | |
|---|---|---|
| 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 |
Zerodha Vs Sharekhan - Request a call back from Broker
| Zerodha | Sharekhan | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Investment Options
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Order Type
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Research & Report
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Daily Market Report
| Zerodha | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Suitable For Investor
| Zerodha | Sharekhan | |
|---|---|---|
| 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 |
Zerodha Vs Sharekhan - Pros & Cons
| Zerodha | Sharekhan | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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 | Call Back Open Account |
Zerodha Vs Sharekhan - Background
| Zerodha | Sharekhan | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Compare All Brokers
| Zerodha | Sharekhan | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - STT/CTT
| Zerodha | 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 buy & 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 | Call Back Open Account |
Zerodha Vs Sharekhan - Demat transaction charges
| Zerodha | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - GST
| Zerodha | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - SEBI Charges
| Zerodha | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Account Opening & AMC Charges
Zerodha
Sharekhan
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Sharekhan
| Zerodha | Sharekhan | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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.
Zerodha Vs Sharekhan - Brokerage charges & Plans
| Zerodha | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Equity Delivery | Zero Brokerage | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹20/ Order | ₹60/ Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Lot |
| Fixed Charges | ₹20/Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% per transaction value |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Margin (Exposure)
| Zerodha | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Sharekhan - Other Charges
| Zerodha | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
| Call Back Open Account |
Zerodha Vs Sharekhan - STT/CTT
| Zerodha | 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 buy & 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 |
Zerodha Vs Sharekhan - Demat transaction charges
| Zerodha | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹0 (Free) |
| Call Back Open Account |
Zerodha Vs Sharekhan - GST
| Zerodha | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Zerodha Vs Sharekhan - SEBI Charges
| Zerodha | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
| Call Back Open Account |
Zerodha Vs Sharekhan - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |
|
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| Call Back Open Account | Call Back Open Account |