Sharekhan Vs Indira Securities (Compare Sharekhan and Indira Securities)


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


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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Sharekhan Vs Indira Securities

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  Sharekhan Indira Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Year of Incorporation 2000 1987
Number of Branches 2800 335
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with Indira Securities.
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Sharekhan Vs Indira Securities Charges & AMC

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

  Sharekhan Indira Securities
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 450 (Free for 1st year)
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Sharekhan Vs Indira Securities Brokerage Charges & Plans

Sharekhan Vs Indira Securities Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  Sharekhan Indira Securities
Account Type Classic Account Traditional Plan
Fixed Charges NA
Equity Delivery 0.50% 0.10%
Equity Intraday 0.10% 0.01%
Equity Futures 0.10% 0.01%
Equity Options Rs 50 per lot Rs 25 per lot (both side)
Currency Futures 0.10% 0.01%
Currency Options Rs 30 per lot Rs 25 per lot (both side)
Commodity Futures 0.03% 0.01%
Commodity Options 0.03% Rs 25 per lot (both side)
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 Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Sharekhan Vs Indira Securities Brokerage Plan 2

  Sharekhan Indira Securities
Account Type Prepaid - ₹1 Lakh Discount Brokerage Plan
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% Rs 20 per executed order
Equity Intraday 0.015% Rs 20 per executed order
Equity Futures 0.015% Rs 20 per executed order
Equity Options 0.05% or Rs 63 per lot Rs 20 per executed order
Currency Futures Rs 20 per executed order
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order
Commodity Options Rs 20 per executed order
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Sharekhan Vs Indira Securities Brokerage Plan 3

  Sharekhan Indira Securities
Account Type Margin - ₹1 Lakh Traditional Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% 0.10%
Equity Intraday 0.05% 0.01%
Equity Futures 0.05% 0.01%
Equity Options 1% or Rs 70 per lot Rs 25 per lot (both side)
Currency Futures 0.01%
Currency Options Rs 25 per lot (both side)
Commodity Futures 0.01%
Commodity Options Rs 25 per lot (both side)
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Sharekhan Charges Vs Indira Securities

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 20 Rs 0 (Free)
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Sharekhan Vs Indira Securities 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 Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  Sharekhan Indira Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) NSE Rs 500 per Cr (0.005%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
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Sharekhan Vs Indira Securities 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 Indira Securities 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 Indira Securities
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)
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Compare Sharekhan and Indira Securities Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Indira Securities offers ODIN trading software.

  Sharekhan Indira Securities
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 Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile ODIN
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Pattern finder, Class room training
Referral Program Yes
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Sharekhan Vs Indira Securities Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

  Sharekhan Indira Securities
  301 Customer Reviews    Rate Sharekhan 3 Customer Reviews    Rate Indira Securities
Fees 3.0 2.3
Brokerage 2.8 4.3
Trading Platform 3.7 4.0
Customer Service 3.3 4.0
Research Capabilities 3.0 4.3
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 customer reviews Indira Securities is rated 4.0 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Indira Securities Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
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Sharekhan Vs Indira Securities Investment Options

  Sharekhan Indira Securities
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
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Sharekhan Vs Indira Securities Order Type Offered

  Sharekhan Indira Securities
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 No
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Sharekhan Vs Indira Securities Research Report

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

  Sharekhan Indira Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs Indira Securities - Pros and Cons

  Sharekhan Indira Securities
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.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
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.

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

Enquire SharekhanEnquire Indira Securities

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