The side-by-side comparison of Sharekhan and iTradeOnline by Trustline stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and iTradeOnline'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 iTradeOnline.
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...
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Classic Account
Pay Per Trade
Broker Enquiry
Year of Incorporation
Number of Branches
Stock Broker Fees / Charges
Sharekhan
iTradeOnline by Trustline
Trading Account Opening Fees
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Demat Account Opening Fees
₹0 (Free)
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
₹400 (Free for 1st year)
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Sharekhan
iTradeOnline by Trustline
Account Type
Classic Account
Pay Per Trade
Fixed Charges
Equity Delivery Brokerage
0.50%
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹50 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹30 per lot
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 2
Sharekhan
iTradeOnline by Trustline
Account Type
Prepaid - ₹1 Lakh
Pay Per Trade
Fixed Charges
₹1,00,000 per year
₹0
Equity Delivery Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
0.015%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.015%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
0.05% or ₹63 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Brokerage Plan 3
Sharekhan
iTradeOnline by Trustline
Account Type
Margin - ₹1 Lakh
Pay Per Trade
Fixed Charges
₹1,00,000 margin
₹0
Equity Delivery Brokerage
0.25%
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
0.05%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.05%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
1% or ₹70 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Physical contact notes: ₹20
Call & Trade Charges
Rs 20
₹0 (Free)
Taxes
Sharekhan
iTradeOnline by Trustline
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.
Transaction Charges
Sharekhan
iTradeOnline by Trustline
Equity Delivery
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
NSE ₹190 | BSE ₹50
NSE ₹190 per crore (0.0019%)
Equity Options
NSE ₹5000 | BSE ₹50
NSE ₹5000 per crore (0.05%)
Currency Futures
NSE ₹135 | MCX ₹130
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
NSE ₹4220 | MCX ₹3220
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
MCX (Non-Agri) ₹230 | MCX (Agri) ₹95
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Exposure
Sharekhan
iTradeOnline by Trustline
Equity Delivery
Upto 5x with 24% interest per year
1x (100% Margin Required)
Equity Intraday
Upto 10x
Up to 20x
Equity Futures
2x
NSE: 2x
Equity Options
Nil
NSE: 2x
Currency Futures
Nil
NSE: 2x
Currency Options
Nil
NSE: 2x
Commodity
Upto 2x
MCX Futures: 8x
Share Broker Features
Sharekhan
iTradeOnline by Trustline
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
TradeTiger, Sharekhan Mobile
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time
3:30 PM
Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Pattern finder, Class room training
Referral Program
Broker Ratings (Average User Rating)
Sharekhan
iTradeOnline by Trustline
277 Customer Reviews
6 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Sharekhan is Rated 3.4 / 5 based on 277 customer reviews
iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews
Contact Broker / Request A Call Back
Sharekhan
iTradeOnline by Trustline
Contact / Request Call Back
Investment Options Available
Sharekhan
iTradeOnline by Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Insurance, Wealth Management
Customer Service Offered
Sharekhan
iTradeOnline by Trustline
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Sharekhan
iTradeOnline by Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
Sharekhan
iTradeOnline by Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Sharekhan
iTradeOnline by Trustline
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Sharekhan
iTradeOnline by Trustline
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.
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.
Lifetime FREE AMC Demat Account - 50% Off
Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.
Zerodha
Zero Account Opening Fee