Sharekhan Vs Trustline (Compare Sharekhan and Trustline)
The side-by-side comparison of Sharekhan and Trustline. Compare Sharekhan Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and Sharekhan review.
Find out Sharekhan Vs Trustline which is better and Sharekhan Vs Trustline which is best.
Our Sharekhan comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Trustline.
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...
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Classic Account
Full-service Brokerage Plan
Broker Enquiry
Year of Incorporation
2000
Number of Branches
2800
Sharekhan Vs Trustline Charges
Sharekhan
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
Sharekhan Vs Trustline Brokerage
Brokerage Plan 1
Sharekhan
Trustline
Account Type
Classic Account
Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.20% (20 paisa)
Equity Intraday Brokerage
0.10%
0.02% (2 paisa)
Equity Futures Brokerage
0.10%
0.02% (2 paisa)
Equity Options Brokerage
₹50 per lot
₹75 per lot
Currency Futures Trading Brokerage
0.10%
0.02% (2 paisa)
Currency Options Trading Brokerage
₹30 per lot
₹7.5 per lot
Commodity Futures Trading Brokerage
0.03%
Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 2
Sharekhan
Trustline
Account Type
Prepaid - ₹1 Lakh
Full-service Brokerage Plan
Fixed Charges
₹1,00,000 per year
Equity Delivery Brokerage
0.10%
0.20% (20 paisa)
Equity Intraday Brokerage
0.015%
0.02% (2 paisa)
Equity Futures Brokerage
0.015%
0.02% (2 paisa)
Equity Options Brokerage
0.05% or ₹63 per lot
₹75 per lot
Currency Futures Trading Brokerage
0.02% (2 paisa)
Currency Options Trading Brokerage
₹7.5 per lot
Commodity Futures Trading Brokerage
Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage
Brokerage Plan 3
Sharekhan
Trustline
Account Type
Margin - ₹1 Lakh
Full-service Brokerage Plan
Fixed Charges
₹1,00,000 margin
Equity Delivery Brokerage
0.25%
0.20% (20 paisa)
Equity Intraday Brokerage
0.05%
0.02% (2 paisa)
Equity Futures Brokerage
0.05%
0.02% (2 paisa)
Equity Options Brokerage
1% or ₹70 per lot
₹75 per lot
Currency Futures Trading Brokerage
0.02% (2 paisa)
Currency Options Trading Brokerage
₹7.5 per lot
Commodity Futures Trading Brokerage
Future: 0.02% (2 paisa) | Options: ₹50 per lot
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)
Sharekhan Vs Trustline Taxes
Sharekhan
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Sharekhan Vs Trustline Transaction Charges
Sharekhan
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%)
Sharekhan Vs Trustline Exposure Margin
Sharekhan
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 Futures
Upto 2x
MCX Futures: 8x
Commodity Options
Sharekhan and Trustline Feature Comparison
Sharekhan
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
Sharekhan Vs Trustline Review
Sharekhan
Trustline
277 Customer Reviews
1 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
Trustline is Rated 4.0 / 5 based on 1 customer reviews
Contact Broker / Request A Call Back
Sharekhan Enquire
Trustline Enquire
Contact Broker
Sharekhan Vs Trustline Investment Options
Sharekhan
Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Insurance, Wealth Management
Sharekhan Vs Trustline Customer Service
Sharekhan
Trustline
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs Trustline Order Type Offered
Sharekhan
Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs Trustline Research Report
Sharekhan
Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs Trustline Suitable For Investor Type
Sharekhan
Trustline
Casual Investor
Active Investor
Trader
Sharekhan Vs Trustline - Advantages and Disadvantages
Sharekhan
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.
Zerodha
Zero Account Opening Fee