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Sharekhan Vs Tradeplus Share Broker Comparison

The side-by-side comparison of Sharekhan and Tradeplus (Navia Markets Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Tradeplus'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 Tradeplus.

  Sharekhan Tradeplus (Navia Markets Ltd)
 
Sharekhan Logo Tradeplus (Navia Markets Ltd) 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 Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ... Know more about Tradeplus (Navia Markets Ltd)
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account Infinite Trading Plans
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 Tradeplus. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Sharekhan Tradeplus (Navia Markets Ltd)
Trading Account Opening Fees ₹0 (Free) ₹199
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹400 (Free for 1st year) ₹900 (for 10 years), ₹500 (5 years) AMC Free Acct
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Tradeplus (Navia Markets Ltd)
Account Type Classic Account Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.10% 0.01%
Equity Futures Brokerage 0.10% ₹799 per month (unlimited trading)
Equity Options Brokerage ₹50 per lot ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage 0.10% ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹30 per lot ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage 0.03% ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 2

  Sharekhan Tradeplus (Navia Markets Ltd)
Account Type Prepaid - ₹1 Lakh General Brokerage Plan
Fixed Charges ₹1,00,000 per year NA
Equity Delivery Brokerage 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.015% 0.01%
Equity Futures Brokerage 0.015% 0.01%
Equity Options Brokerage 0.05% or ₹63 per lot ₹60 per lot
Currency Futures Trading Brokerage ₹20 per lot
Currency Options Trading Brokerage ₹60 per lot
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan Tradeplus (Navia Markets Ltd)
Account Type Margin - ₹1 Lakh Infinite Trading Plans
Fixed Charges ₹1,00,000 margin As per segment
Equity Delivery Brokerage 0.25% ₹0 (Free)
Equity Intraday Brokerage 0.05% 0.01%
Equity Futures Brokerage 0.05% ₹799 per month (unlimited trading)
Equity Options Brokerage 1% or ₹70 per lot ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges Rs 20 ₹1000 per month
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Taxes

  Sharekhan Tradeplus (Navia Markets Ltd)
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 Tradeplus (Navia Markets Ltd)
Equity Delivery NSE ₹325 | BSE ₹275 ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 | BSE ₹275 ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹190 | BSE ₹50 ₹350 per crore (0.0035%)
Equity Options NSE ₹5000 | BSE ₹50 ₹7500 per crore (0.075%)(on premium)
Currency Futures NSE ₹135 | MCX ₹130 ₹165 per crore (0.00165%)
Currency Options NSE ₹4220 | MCX ₹3220 ₹6000 (on premium) per crore (0.06%)
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 ₹400 (0.004%)
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Exposure

  Sharekhan Tradeplus (Navia Markets Ltd)
Equity Delivery Upto 5x with 24% interest per year Upto 4X
Equity Intraday Upto 10x Upto 33X
Equity Futures 2x Intraday leverage 2X | Cover Order Margin 3%
Equity Options Nil Intraday Leverage of 2X
Currency Futures Nil Intraday Leverage of 2X
Currency Options Nil 1X
Commodity Upto 2x Intraday Leverage of 2X
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Share Broker Features

  Sharekhan Tradeplus (Navia Markets Ltd)
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 Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile INFINI, NSE NOW
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
Referral Program
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Broker Ratings (Average User Rating)

  Sharekhan Tradeplus (Navia Markets Ltd)
  277 Customer Reviews    Rate Sharekhan 21 Customer Reviews    Rate Tradeplus
Fees Ratings 3.1 3.5
Trading Brokerage Rating 2.9 4.2
Trading Platform Usability 3.7 3.0
Customer Service Ratings 3.4 2.8
Overall Ratings Rated 3.4 stars Rated 3.2 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Tradeplus is Rated 3.2 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Tradeplus (Navia Markets Ltd)
Contact / Request Call Back
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Investment Options Available

  Sharekhan Tradeplus (Navia Markets Ltd)
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 Tradeplus (Navia Markets Ltd)
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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Order Type

  Sharekhan Tradeplus (Navia Markets Ltd)
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Research / Tips / Reports Published

  Sharekhan Tradeplus (Navia Markets Ltd)
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Sharekhan Tradeplus (Navia Markets Ltd)
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Sharekhan Tradeplus (Navia Markets Ltd)
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...

  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.

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...

  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.

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 Tradeplus
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