Sharekhan Vs Indiabulls (Compare Sharekhan and Indiabulls)


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding. Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more... Know more about Indiabulls Ventures Limited

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Sharekhan Vs Indiabulls

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India.

  Sharekhan Indiabulls
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE and MCX
Year of Incorporation 2000 2000
Number of Branches 2800 18
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with Indiabulls.
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Sharekhan Vs Indiabulls Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Indiabulls account opening changes is Rs 500. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Indiabulls Demat Account AMC Charges is Rs 450.

  Sharekhan Indiabulls
Trading Account Opening Charges Rs 0 (Free) Rs 500
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 450
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Sharekhan Vs Indiabulls Brokerage Charges & Plans

Sharekhan Vs Indiabulls Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

  Sharekhan Indiabulls
Account Type Classic Account Equity Unlimited Trade
Fixed Charges Rs 1000
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.10% Rs 0 (Free)
Equity Futures 0.10% Rs 15 per trade
Equity Options Rs 50 per lot Rs 15 per trade
Currency Futures 0.10% Rs 15 per trade
Currency Options Rs 30 per lot Rs 15 per trade
Commodity Futures 0.03% 0.03%
Commodity Options 0.03% 0.03%
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer

Sharekhan Vs Indiabulls Brokerage Plan 2

  Sharekhan Indiabulls
Account Type Prepaid - ₹1 Lakh F&O Unlimited Trade
Fixed Charges Rs 1,00,000 per year Rs 1000
Equity Delivery 0.10% Rs 15 per trade
Equity Intraday 0.015% Rs 15 per trade
Equity Futures 0.015% Rs 0 (Free)
Equity Options 0.05% or Rs 63 per lot Rs 0 (Free)
Currency Futures Rs 0 (Free)
Currency Options Rs 0 (Free)
Commodity Futures 0.03%
Commodity Options 0.03%
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Sharekhan Vs Indiabulls Brokerage Plan 3

  Sharekhan Indiabulls
Account Type Margin - ₹1 Lakh Base Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% Rs 0 (Free)
Equity Intraday 0.05% Rs 15 per executed order
Equity Futures 0.05% Rs 15 per executed order
Equity Options 1% or Rs 70 per lot Rs 15 per executed order
Currency Futures Rs 15 per executed order
Currency Options Rs 15 per executed order
Commodity Futures 0.03%
Commodity Options 0.03%
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Sharekhan Charges Vs Indiabulls

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)
Other Charges
Call & Trade Charges Rs 20 Rs 0 (Free)
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Sharekhan Vs Indiabulls Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Indiabulls exchange transaction charges for options is Rs 5500 per crore (on premium) (0.055%).

  Sharekhan Indiabulls
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per crore (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 325 per crore (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) Rs 250 per crore (0.0025%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) Rs 5500 per crore (on premium) (0.055%)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 250 per crore (0.0025%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 5500 per crore (on premium) (0.055%)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)
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Sharekhan Vs Indiabulls Leverage (Margin)

Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Indiabulls margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Sharekhan Indiabulls
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Enquire SharekhanEnquire Indiabulls
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Compare Sharekhan and Indiabulls Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Indiabulls offers SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) trading software.

  Sharekhan Indiabulls
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
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training Live News, World market summary
Referral Program
Enquire SharekhanEnquire Indiabulls
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Sharekhan Vs Indiabulls Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Indiabulls is rated 3.2 of 5 based on 50 customer reviews.

  Sharekhan Indiabulls
  301 Customer Reviews    Rate Sharekhan 50 Customer Reviews    Rate Indiabulls
Fees 3.0 3.4
Brokerage 2.8 3.1
Trading Platform 3.7 3.7
Customer Service 3.3 3.0
Research Capabilities 3.0 2.4
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 customer reviews Indiabulls is rated 3.2 of 5 based on 50 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Indiabulls Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
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Sharekhan Vs Indiabulls Investment Options

  Sharekhan Indiabulls
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading
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Sharekhan Vs Indiabulls Order Type Offered

  Sharekhan Indiabulls
Bracket Order Yes No
Cover Order Yes No
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 No
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Sharekhan Vs Indiabulls Research Report

  Sharekhan Indiabulls
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Sharekhan Vs Indiabulls Suitable For Investor Type

  Sharekhan Indiabulls
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs Indiabulls - Pros and Cons

  Sharekhan Indiabulls
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.
Reviews
Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order.

Get this limited time offer
Enquire SharekhanEnquire Indiabulls

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