Compare Brokers Articles Complaints Compare Side-by-Side About Brokers

Sharekhan Vs iTradeOnline Share Broker Comparison

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.

	Sharekhan	iTradeOnline by Trustline
	Sharekhan Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	iTradeOnline Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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...	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, MSEI, MCX	BSE, NSE, MCX
Account Type	Classic Account	Pay Per Trade
Broker Enquiry

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	₹100 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	0.10%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

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		₹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	6.67x for A group stock \| 5x to 2.5x for B group stock	1x (100% Margin Required)
Equity Intraday	10x for A & B group stock	Up to 20x
Equity Futures	66.67x for Indices futures \| 40x to 22.5x for stock futures	NSE: 2x
Equity Options	0x	NSE: 2x
Currency Futures		NSE: 2x
Currency Options		NSE: 2x
Commodity		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
Trading Platform	TradeTiger	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

Broker Ratings (Average User Rating)

	Sharekhan	iTradeOnline by Trustline
	274 Customer Reviews	5 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Sharekhan is Rated 3.3 / 5 based on 274 customer reviews	iTradeOnline is Rated 4.2 / 5 based on 5 customer reviews

Contact Broker / Request A Call Back

	Sharekhan	iTradeOnline by Trustline
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

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. More Advantages...	Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Research based fundamental and technical analysis available to all the customers. Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers. 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...	Separate account needed for Mutual Funds investment. For iTradeOnline customers, the customer service is not available through 400+ Trustline branches. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API's are now available. Opening demat account along with the trading account is mandatory. No extra charge for intraday or expiry positions closed by the broker. 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.	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.
	Enquire about Sharekhan
Compare More Brokers	Sharekhan Vs ICICIDirect Sharekhan Vs HDFC Securities Sharekhan Vs Kotak Securities Sharekhan Vs AxisDirect Sharekhan Vs SBI Securities Sharekhan Vs Angel Broking Sharekhan Vs India Infoline (IIFL) Sharekhan Vs Ventura Sharekhan Vs Motilal Oswal Sharekhan Vs Karvy Sharekhan Vs Geojit Sharekhan Vs Religare Sharekhan Vs Reliance Securities Sharekhan Vs Nirmal Bang Sharekhan Vs SMC Global Sharekhan Vs Edelweiss Sharekhan Vs Anand Rathi Sharekhan Vs Zerodha Sharekhan Vs ProStocks Sharekhan Vs 5paisa Sharekhan Vs Trade Smart Online Sharekhan Vs Upstox Sharekhan Vs SAMCO Sharekhan Vs Fyers Sharekhan Vs TradingBells Sharekhan Vs Tradeplus Sharekhan Vs Beeline Sharekhan Vs Finvasia Sharekhan Vs Bonanza Sharekhan Vs SAS Online Sharekhan Vs MyValueTrade Sharekhan Vs Tradejini Sharekhan Vs Wisdom Capital Sharekhan Vs Achiievers Equities Sharekhan Vs RKSV Sharekhan Vs IDBI Paisabuilder Sharekhan Vs Indiabulls Sharekhan Vs Aditya Birla Money Sharekhan Vs Just Trade Sharekhan Vs Alice Blue Sharekhan Vs Trustline Sharekhan Vs RMoney	iTradeOnline Vs ICICIDirect iTradeOnline Vs HDFC Securities iTradeOnline Vs Kotak Securities iTradeOnline Vs AxisDirect iTradeOnline Vs SBI Securities iTradeOnline Vs Angel Broking iTradeOnline Vs India Infoline (IIFL) iTradeOnline Vs Ventura iTradeOnline Vs Motilal Oswal iTradeOnline Vs Karvy iTradeOnline Vs Geojit iTradeOnline Vs Religare iTradeOnline Vs Reliance Securities iTradeOnline Vs Nirmal Bang iTradeOnline Vs SMC Global iTradeOnline Vs Edelweiss iTradeOnline Vs Anand Rathi iTradeOnline Vs Zerodha iTradeOnline Vs ProStocks iTradeOnline Vs 5paisa iTradeOnline Vs Trade Smart Online iTradeOnline Vs Upstox iTradeOnline Vs SAMCO iTradeOnline Vs Fyers iTradeOnline Vs TradingBells iTradeOnline Vs Tradeplus iTradeOnline Vs Beeline iTradeOnline Vs Finvasia iTradeOnline Vs Bonanza iTradeOnline Vs SAS Online iTradeOnline Vs MyValueTrade iTradeOnline Vs Tradejini iTradeOnline Vs Wisdom Capital iTradeOnline Vs Achiievers Equities iTradeOnline Vs RKSV iTradeOnline Vs IDBI Paisabuilder iTradeOnline Vs Indiabulls iTradeOnline Vs Aditya Birla Money iTradeOnline Vs Just Trade iTradeOnline Vs Alice Blue iTradeOnline Vs Trustline iTradeOnline Vs RMoney

	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%)