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Sharekhan Vs 5paisa (Compare Sharekhan and 5paisa)

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

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

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Sharekhan Vs 5paisa

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

  Sharekhan 5paisa
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE
Year of Incorporation 2000 1996
Number of Branches 2800 1
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Sharekhan Vs 5paisa Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and 5paisa Demat Account AMC Charges is Rs 300.

  Sharekhan 5paisa
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 300

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Sharekhan Vs 5paisa 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 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type Sharekhan Classic Account 5paisa Regular Account Plan
Fixed Charges NA
Equity Delivery 0.30% on market rate or minimum 1 paisa per share Rs 20 per executed order
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 20 per executed order
Equity Futures 0.02% per transaction value Rs 20 per executed order
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures 0.02% per transaction value Rs 20 per executed order
Currency Options Rs 5 per lot Rs 20 per executed order
Commodity Futures 0.02% Rs 20 per executed order
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: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Sharekhan Vs 5paisa Brokerage Plan 2

  Sharekhan 5paisa
Account Type Prepaid - Rs 1 Lakh Power Investor Pack
Fixed Charges Rs 1,00,000 per year Rs 599 per month
Equity Delivery 0.10% Rs 10 per executed order
Equity Intraday 0.015% Rs 10 per executed order
Equity Futures 0.015% Rs 10 per executed order
Equity Options 0.05% or Rs 63 per lot Rs 10 per executed order
Currency Futures Rs 10 per executed order
Currency Options Rs 10 per executed order
Commodity Futures Rs 10 per executed order
Commodity Options Rs 10 per executed order
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Sharekhan Vs 5paisa Brokerage Plan 3

  Sharekhan 5paisa
Account Type Margin - Rs 1 Lakh Ultra Trader Pack
Fixed Charges Rs 1,00,000 margin Rs 1199 per month
Equity Delivery 0.25% Rs 10 per executed order
Equity Intraday 0.05% Rs 10 per executed order
Equity Futures 0.05% Rs 10 per executed order
Equity Options 1% or Rs 70 per lot Rs 10 per executed order
Currency Futures Rs 10 per executed order
Currency Options Rs 10 per executed order
Commodity Futures Rs 10 per executed order
Commodity Options Rs 10 per executed order
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Sharekhan Charges Vs 5paisa

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 20 per trade
Other Charges
Call & Trade Charges Rs 20 Rs 100 per call (any number of trades in a call)

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Sharekhan Vs 5paisa Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while 5paisa exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Sharekhan 5paisa
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% Grp A: 0.0026%
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Sharekhan Vs 5paisa Leverage (Margin)

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

  Sharekhan 5paisa
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 5paisa Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

  Sharekhan 5paisa
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile 5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time 3:30 PM Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Pattern finder, Class room training
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Sharekhan Vs 5paisa Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas 5paisa is rated 2.6 of 5 based on 94 customer reviews.

  Sharekhan 5paisa
  312 Customer Reviews    Rate Sharekhan 94 Customer Reviews    Rate 5paisa
Fees 3.0 2.9
Brokerage 2.8 3.5
Trading Platform 3.7 2.7
Customer Service 3.3 2.1
Research Capabilities 3.1 2.4
Overall Ratings Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews 5paisa is rated 2.6 of 5 based on 94 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire 5paisa 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. FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

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Sharekhan Vs 5paisa Investment Options

  Sharekhan 5paisa
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading Mutual Funds, Insurance

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Sharekhan Vs 5paisa Order Type Offered

  Sharekhan 5paisa
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Sharekhan Vs 5paisa Research Report

  Sharekhan 5paisa
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Sharekhan Vs 5paisa Suitable For Investor Type

  Sharekhan 5paisa
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs 5paisa - Pros and Cons

  Sharekhan 5paisa
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.
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
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.
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
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.

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5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.
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