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Sharekhan Vs Tradingo (Compare Sharekhan and Tradingo)

Sharekhan Logo

About 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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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Sharekhan Vs Tradingo

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  Sharekhan Tradingo
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 2000 2016
Number of Branches 2800
Open Sharekhan AccountOpen Tradingo Account

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Sharekhan Vs Tradingo Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Tradingo Demat Account AMC Charges is Rs 250.

  Sharekhan Tradingo
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 250

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Sharekhan Vs Tradingo Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type Sharekhan Classic Account Tradingo Discount Broking Plan
Fixed Charges Nil
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.10% Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures 0.10% Rs 20 per trade or 0.03% (whichever is lower)
Equity Options Rs 50 per lot Rs 20 per executed order
Currency Futures 0.10% Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 30 per lot Rs 20 per executed order
Commodity Futures 0.03% Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options 0.03% Rs 100 per executed order
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 equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Sharekhan Vs Tradingo Brokerage Plan 2

  Sharekhan Tradingo
Account Type Prepaid - Rs 1 Lakh Premium Plan
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.3% of trade value
Equity Intraday 0.015% 0.03% of trade value
Equity Futures 0.015% 0.03% of trade value
Equity Options 0.05% or Rs 63 per lot Rs 50 per lot
Currency Futures 0.3% of trade value
Currency Options Rs 50 per lot
Commodity Futures 0.3% of trade value
Commodity Options Rs 100 per lot
Open Sharekhan AccountOpen Tradingo Account

Sharekhan Vs Tradingo Brokerage Plan 3

  Sharekhan Tradingo
Account Type Margin - Rs 1 Lakh Discount Broking Plan
Fixed Charges Rs 1,00,000 margin Nil
Equity Delivery 0.25% Rs 0 (Free)
Equity Intraday 0.05% Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.03% (whichever is lower)
Equity Options 1% or Rs 70 per lot Rs 20 per executed order
Currency Futures Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options Rs 100 per executed order
Open Sharekhan AccountOpen Tradingo Account

Sharekhan Charges Vs Tradingo

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 20 Additional Rs 20 per executed order

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Sharekhan Vs Tradingo 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 Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  Sharekhan Tradingo
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) NSE Rs 6000 per crore (0.06%)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Sharekhan AccountOpen Tradingo Account

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Sharekhan Vs Tradingo Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Tradingo
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Sharekhan AccountOpen Tradingo Account

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Compare Sharekhan and Tradingo Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Tradingo offers Tradingo, Justrade trading software.

  Sharekhan Tradingo
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 Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile Tradingo, Justrade
Intraday Square-off Time 3:30 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training
Open Sharekhan AccountOpen Tradingo Account

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Sharekhan Vs Tradingo Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  Sharekhan Tradingo
  310 Customer Reviews    Rate Sharekhan 6 Customer Reviews    Rate Tradingo
Fees 3.0 4.2
Brokerage 2.8 4.7
Trading Platform 3.7 3.5
Customer Service 3.3 3.8
Research Capabilities 3.1 2.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Tradingo Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Sharekhan Vs Tradingo Investment Options

  Sharekhan Tradingo
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 Tradingo Order Type Offered

  Sharekhan Tradingo
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
Open Sharekhan AccountOpen Tradingo Account

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Sharekhan Vs Tradingo Research Report

  Sharekhan Tradingo
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Sharekhan Vs Tradingo Suitable For Investor Type

  Sharekhan Tradingo
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs Tradingo - Pros and Cons

  Sharekhan Tradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

Sharekhan Special Offer

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.

Tradingo Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Sharekhan AccountOpen Tradingo Account

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