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Sharekhan Vs Zerodha (Compare Sharekhan and Zerodha)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

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Sharekhan Vs Zerodha

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

  Sharekhan Zerodha
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 2000 2010
Number of Branches 2800 22
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Sharekhan Vs Zerodha Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Zerodha Demat Account AMC Charges is Rs 300.

  Sharekhan Zerodha
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 300

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Sharekhan Vs Zerodha Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type Sharekhan Classic Account Zerodha Flat Brokerage Plan
Fixed Charges
Equity Delivery 0.30% on market rate or minimum 1 paisa per share Rs 0 (Free)
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.02% per transaction value Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures 0.02% per transaction value Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 5 per lot Rs 20 per executed order
Commodity Futures 0.02% Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per lot Rs 20 per executed order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Sharekhan Vs Zerodha Brokerage Plan 2

  Sharekhan Zerodha
Account Type Prepaid - Rs 1 Lakh Flat Brokerage Plan
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday 0.015% Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.015% Rs 20 per executed order or .03% whichever is lower
Equity Options 0.05% or Rs 63 per lot Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
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Sharekhan Vs Zerodha Brokerage Plan 3

  Sharekhan Zerodha
Account Type Margin - Rs 1 Lakh Flat Brokerage Plan
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% Rs 0 (Free)
Equity Intraday 0.05% Rs 20 per executed order or .03% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or .03% whichever is lower
Equity Options 1% or Rs 70 per lot Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
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Sharekhan Charges Vs Zerodha

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share 0.03% in Intraday and F&O
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 20 Rs 50 per executed order

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Sharekhan Vs Zerodha Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  Sharekhan Zerodha
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% Group A - Rs 260 per Cr (0.0026%)
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Sharekhan Vs Zerodha Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Zerodha
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Sharekhan and Zerodha Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

  Sharekhan Zerodha
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time 3:30 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Pattern finder, Class room training Direct Mutual Funds, APIs for Algo Trading
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Sharekhan Vs Zerodha Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Zerodha is rated 3.7 of 5 based on 476 customer reviews.

  Sharekhan Zerodha
  312 Customer Reviews    Rate Sharekhan 476 Customer Reviews    Rate Zerodha
Fees 3.0 3.7
Brokerage 2.8 4.2
Trading Platform 3.7 3.6
Customer Service 3.3 3.4
Research Capabilities 3.1 2.8
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews Zerodha is rated 3.7 of 5 based on 476 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Zerodha Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

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Sharekhan Vs Zerodha Investment Options

  Sharekhan Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Zerodha Order Type Offered

  Sharekhan Zerodha
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Sharekhan Vs Zerodha Research Report

  Sharekhan Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Sharekhan Vs Zerodha Suitable For Investor Type

  Sharekhan Zerodha
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs Zerodha - Pros and Cons

  Sharekhan Zerodha
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Open Zerodha Account

Frequently Asked Questions

  1. 1. Which is better Zerodha vs Sharekhan?

    Zerodha and Sharekhan are different types of brokers. Zerodha is a discount broker whereas Sharekhan is a full-service broker. Here's a comparison between the 2 brokers on key services:

    Zerodha Vs Sharekhan

    Consideration

    Zerodha

    Sharekhan

    Incorporation

    2010

    2000

    Exchange Supported

    NSE, BSE, MCX and NCDEX

    BSE, NSE, MCX and NCDEX

    Brokerage Plans

    Fixed Brokerage

    Percentage based brokerage

    Trading Account Opening Fees

    Rs 200

    Free

    Demat Account AMC

    Rs 300

    Rs 400

    Trading Platform

    Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile

    TradeTiger, Sharekhan Mobile, Sharekhan Website

    Research Services

    No

    Yes

    Mutual Funds Services

    Yes

    Yes

    Relationship Manager

    No

    Yes

    Local Branch Support

    No

    Yes

    Handholding for beginners

    No

    Yes

     

  2. 2. Why Sharekhan is better than Zerodha?

    Sharekhan is a full-service broker while Zerodha is a discount stock broker. Sharekhan offers personalized services through its thousands of branches and franchise offices in almost every town in India while Zerodha is an online broker with no branches.

    Sharekhan is better than Zerodha for following reasons:

    • Full-service Broker

      Sharekhan is a Full-service broker offering complete trading and investment services including broking, demat, MF, Margin Funding, PMS and NRI services etc., whereas Zerodha, being a discount broker, limits its services to online trading and direct mutual funds. Sharekhan offers both online and offline trading whereas Zerodha offers only online trading.

    • Research & Advisory

      Sharekhan offers research and advisory services wherein it publishes reports on the economy, markets and different trading segments. The research team also recommends stocks based on technical and fundamental analysis.

    • Neighborhood Stores

      Sharekhan has over 3200 branches and franchise offices in more than 634 cities across India. Customers can visit these offices to avail its various services like account opening, trading and investing in mutual funds etc. Zerodha doesn't offer branch services as it has a very limited physical presence.

    • Relationship Manager (RM)

      Every Sharekhan customer is provided with an RM who is one point of contact for all the services including sales, support and investment help. Zerodha doesn't offer RM support. It is a do-it-yourself type of broker.

    • Free Call & Trade Services

      Sharekhan offers free call & trade service while Zerodha charges Rs 20 per executed order extra for broker-assisted trades.

     

  3. 3. Why Zerodha is better than Sharekhan?

    Zerodha is an online stock broker offering discount brokerage services to a customer who can trade or invest online by themselves with no help from the broker.

    Sharekhan is a full-service broker offering in-person services to customers through a network of branches. Customers can walk-in the neighborhood store and talk to people.

    Zerodha is better than Sharekhan for following reasons:

    • Brokerage

      Zerodha charges a fraction of brokerage in comparison to Sharekhan. Sharekhan charges a percentage based brokerage fee on the value of the trade. Zerodha follows a fixed brokerage model wherein a flat brokerage is charged from all.

    • Brokerage Free Stock Market Investment

      Zerodha offers brokerage free Equity Delivery trading which Sharekhan charges 0.55% brokerage.

    • Direct Mutual Fund

      Zerodha offers Direct Mutual Funds while Sharekhan offers only Regular Mutual Funds. Direct Mutual Fund offers an additional 1 to 2% yearly profits as the brokers are not paid any commissions by the Asset Management Company.

    • Online Trading Platform

      Zerodha's online trading platform Kite is superior and technologically advanced trading software.

    Unlike Sharekhan, Zerodha doesn't provide:

    • Services through branch offices. Zerodha offers online services.
    • Add-on services like research, advisory, PMS etc.
    • Stock recommendations and tips.
    • Customers trading assistance through dedicated RMs (Relationship Managers). Zerodha doesn't provide RM assistance to its customers.
    • Free call & trade services.
    • Margin Funding.

    Sharekhan and Zerodha Similarities

    • Trading services in NSE, BSE and MCX.
    • Both offer proprietary trading platforms. Sharekhan offers TradeTiger and Zerodha offers
    • Offers 2-in-1 trading accounts combing trading and demat accounts

    Conclusion

    Sharekhan and Zerodha are different types of stock brokers catering to different trading needs. Sharekhan caters to beginners to intermediate traders who need research services in addition to trading services. Zerodha works well for experienced traders who are looking for low brokerage and can research and trade on their own.

     

  4. 4. Why Sharekhan is best?

    Sharekhan is one of the best full-service brokers in the country. Here are a few reasons to choose Sharekhan as a stock broker:

    • Part of BNP Paribas, a leading bank in the Eurozone.
    • Multiple trading platforms to choose from as per your needs. This includes an online trading website, Installable trading software, mobile app, Dial n trade and in-person trade through branch offices.
    • Offers a range of brokerage plans to suit individual customers.
    • Online and classroom training, seminars and workshops to investors.
    • No charges for Online Funds Transfer to the trading account and Pay-out to the bank account.
    • Free Call & Trade
    • Over 2 decades of stock broking experience.
    • Research and advisory services.
    • Pan India network with 3200 outlets in 634 cities.
    • 20+ lakh customers.

     

  5. 5. Is Zerodha better than Sharekhan?

    Zerodha is an online stock broker that offers only trading and investment services at BSE, NSE and MCX. Sharekhan being a full-service broker offers trading, research, advisory services, PMS and personalized assistance.

    Zerodha is better than Sharekhan for the following services

    • India's No. 1 broker in terms of the number of customers.
    • Brokerage-free Equity Delivery trading.
    • Brokerage-free Direct Mutual Fund.
    • Low cost and simple flat brokerage model for Intraday and F&O.
    • Technologically advanced trading platforms.

    Sharekhan is better than Zerodha for the following services

    • Offer personalised services through RM and local offices.
    • Provide trading tips.
    • Provide advisory and PMS services.

     

  6. 6. Is Sharekhan better than Zerodha?

    Zerodha and Sharekhan are different types of brokers. Zerodha is suitable for investors who can trade independently with almost no support from stock broker. Sharekhan is for beginners and traders who require guidance, tips, and personalized assistance for trading.

    Sharekhan is a full-service broker that offers research and advisory services along with online and offline trading services. Zerodha is the largest stock broker in India that offers a low brokerage commission online trading facility.

    Zerodha offers brokerage-free Equity Delivery trading and mutual funds investment. It also offers advanced trading platforms for online trading through mobile or web browsers.

    Sharekhan is better than Zerodha for the following factors:

    • Personalized in-person assistance.
    • Offers research and advisory services.
    • Provides online as well as offline trading facility.
    • Free Call and trade services.
    • Offline support via a network of branches and offices spread across India.

    Zerodha is better than Sharekhan for the following factors:

    • Rs 0 brokerage for equity delivery trades.
    • Rs 0 commission for Direct Mutual Funds.
    • Flat Rs 20 per trade brokerage for trading in Intraday and F&O at BSE, NSE and MCX.
    • Superior trading platform Kite (Mobile App and Web).

     


1 Comments

1. Balaji   I Like It. |Report Abuse|  Link|November 30, 2021 12:24:16 PMReply
Zerodha is worst no support from broker. Each and every thing U loss the money and gain the Knowledge. No customer Support you have raise the Ticket. Ticket is total waste concept. for analysis you can use another websites also. for trading only every one support. Sharekhan is Leader in that to train and demo to educate the new traders. but investing is your own risk. Sharekhan is always best compare to zerodha..... Everyone support zerodha because of the link referal offer they get cash back and make you fool.

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