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Sharekhan Vs Indiabulls Share Broker Comparison

The side-by-side comparison of Sharekhan and Indiabulls Ventures Limited stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Indiabulls's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Indiabulls.

  Sharekhan Indiabulls Ventures Limited
 
Sharekhan Logo Indiabulls Ventures Limited Logo
About the Broker 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 & f... Know more about Sharekhan Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... Know more about Indiabulls Ventures Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Classic Account Power Indiabulls
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Indiabulls Ventures Limited
Trading Account Opening Fees ₹0 (Free) Rs 750
Trading Account AMC ₹0 (Free) NIL
Demat Account Opening Fees ₹0 (Free) NIL
Demat Account AMC ₹400 (Free for 1st year) Rs 450
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Indiabulls Ventures Limited
Account Type Classic Account Power Indiabulls
Fixed Charges
Equity Delivery Brokerage 0.50% 0.3%
Equity Intraday Brokerage 0.10% 0.03%
Equity Futures Brokerage 0.10% 0.03%
Equity Options Brokerage ₹50 per lot Rs100/Lot
Currency Futures Trading Brokerage 0.10% 0.03%
Currency Options Trading Brokerage ₹30 per lot Rs100/Lot
Commodity Futures Trading Brokerage 0.03% 0.03%
Commodity Options Trading Brokerage 0.03% No

Brokerage Plan 2

  Sharekhan Indiabulls Ventures Limited
Account Type Prepaid - ₹1 Lakh Power Indiabulls
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% 0.3%
Equity Intraday Brokerage 0.015% 0.03%
Equity Futures Brokerage 0.015% 0.03%
Equity Options Brokerage 0.05% or ₹63 per lot Rs100/Lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs100/Lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage No

Brokerage Plan 3

  Sharekhan Indiabulls Ventures Limited
Account Type Margin - ₹1 Lakh Power Indiabulls
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% 0.3%
Equity Intraday Brokerage 0.05% 0.03%
Equity Futures Brokerage 0.05% 0.03%
Equity Options Brokerage 1% or ₹70 per lot Rs100/Lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs100/Lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share 3 paisa per share
Other Brokerage Charges
Call & Trade Charges Rs 20 Nil
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Taxes

  Sharekhan Indiabulls Ventures Limited
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan Indiabulls Ventures Limited
Equity Delivery NSE ₹325 | BSE ₹275 0.00325%
Equity Intraday NSE ₹325 | BSE ₹275 0.00325%
Equity Futures NSE ₹190 | BSE ₹50 0.0025%
Equity Options NSE ₹5000 | BSE ₹50 0.055% on Premium
Currency Futures NSE ₹135 | MCX ₹130 0.0025%
Currency Options NSE ₹4220 | MCX ₹3220 0.055% on Premium
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 0.003%
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Exposure

  Sharekhan Indiabulls Ventures Limited
Equity Delivery Upto 5x with 24% interest per year Upto 4x with 16% interest per year
Equity Intraday Upto 10x Upto 10x
Equity Futures 2x Upto 3x
Equity Options Nil Upto 3x for shorting
Currency Futures Nil Nil
Currency Options Nil Nil
Commodity Upto 2x Upto 3x
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Share Broker Features

  Sharekhan Indiabulls Ventures Limited
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 Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Power Indiabulls, SHUBH Web, SHUBH Mobile
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training Live News, World market summary
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Broker Ratings (Average User Rating)

  Sharekhan Indiabulls Ventures Limited
  277 Customer Reviews    Rate Sharekhan 44 Customer Reviews    Rate Indiabulls
Fees Ratings 3.1 3.4
Trading Brokerage Rating 2.9 3.1
Trading Platform Usability 3.7 3.7
Customer Service Ratings 3.4 3.1
Overall Ratings Rated 3.4 stars Rated 3.2 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Indiabulls is Rated 3.2 / 5 based on 44 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Indiabulls Ventures Limited
Contact / Request Call Back
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Investment Options Available

  Sharekhan Indiabulls Ventures Limited
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading
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Customer Service Offered

  Sharekhan Indiabulls Ventures Limited
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Order Type

  Sharekhan Indiabulls Ventures Limited
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes
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Research / Tips / Reports Published

  Sharekhan Indiabulls Ventures Limited
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Sharekhan Indiabulls Ventures Limited
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Sharekhan Indiabulls Ventures Limited
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.

More Advantages...

  • Indiabulls has good network of branches across India.
  • Brokerage is negotiable and can be reduced up to 50-60%.
  • Power Indiabulls is available for Apple's Mac and Linux OS.
  • 10 times exposure for intraday trades.
  • Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them.
  • Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people.
  • Indiabulls offers 2-in-1 account which includes share trading and demat account.

More Advantages...

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 ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  • Power Indiabulls Trading Terminal cost Rs 750 one time change.
  • There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes.
  • No centralized support or sales team. Business is done through branches and sub-brokers.
  • Indiabulls doesn't provide 3-in-1 account

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan Enquire about Indiabulls
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