Sharekhan Vs Indira Securities (Compare Sharekhan and Indira Securities)

The side-by-side comparison of Sharekhan and Indira Securities. Compare Sharekhan Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs 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
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Account Type Classic Account Traditional Plan
Year of Incorporation 2000 1987
Number of Branches 2800 335
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
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Sharekhan Vs Indira Securities Charges & AMC

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

  Sharekhan Indira Securities
Trading Account Opening Charges ₹0 (Free) ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹400 (Free for 1st year) ₹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
Equity Delivery Brokerage 0.50% 0.10%
Equity Intraday Brokerage 0.10% 0.01%
Equity Futures Brokerage 0.10% 0.01%
Equity Options Brokerage ₹50 per lot ₹25 per lot (both side)
Currency Futures Trading Brokerage 0.10% 0.01%
Currency Options Trading Brokerage ₹30 per lot ₹25 per lot (both side)
Commodity Futures Trading Brokerage 0.03% 0.01%
Commodity Options Trading Brokerage 0.03% ₹25 per lot (both side)
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Sharekhan Vs Indira Securities Brokerage Plan 2

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

Sharekhan Vs Indira Securities Brokerage Plan 3

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

Sharekhan Charges Vs Indira Securities

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹20 per executed order
Other Brokerage Charges
Call & Trade Charges Rs 20 ₹0 (Free)
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Sharekhan Vs Indira Securities Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

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

Sharekhan provides the margin of Upto 10x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  Sharekhan Indira Securities
Equity Delivery Upto 5x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x Up to 10x (based on the stock)
Equity Futures 2x for Intraday Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil 1x (no margin)
Currency Futures Nil Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil 1x (no margin)
Commodity Futures Upto 2x for Intraday Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x (no margin)
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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 Available 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 288 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 1 customer reviews.

  Sharekhan Indira Securities
  288 Customer Reviews    Rate Sharekhan 1 Customer Reviews    Rate Indira Securities
Fees 3.1 2.0
Trading Brokerage 2.9 5.0
Trading Platform Usability 3.7 4.0
Customer Service 3.3 4.0
Research Capabilities 3.3 5.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 288 customer reviews Indira Securities is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Indira Securities Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

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Sharekhan Vs Indira Securities Investment Options

  Sharekhan Indira Securities
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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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 ₹400 as AMC for trading account in addition to ₹400 for demat account.
  1. Flat-rate brokerage plans (₹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

Free Trading & Demat Account (for limited time only)

Get 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.

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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