Sharekhan Vs Trustline (Compare Sharekhan and Trustline)

Sharekhan Vs Trustline

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Sharekhan	Trustline
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2000
Number of Branches	2800
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Sharekhan Vs Trustline Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Trustline account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

	Sharekhan	Trustline
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

Sharekhan Vs Trustline Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

	Sharekhan	Trustline
Account Type	Classic Account	Full-service Brokerage Plan
Fixed Charges
Equity Delivery	0.50%	0.20% (20 paisa)
Equity Intraday	0.10%	0.02% (2 paisa)
Equity Futures	0.10%	0.02% (2 paisa)
Equity Options	Rs 50 per lot	Rs 75 per lot
Currency Futures	0.10%	0.02% (2 paisa)
Currency Options	Rs 30 per lot	Rs 7.5 per lot
Commodity Futures	0.03%	Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options	0.03%
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: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Sharekhan Vs Trustline Brokerage Plan 2

	Sharekhan	Trustline
Account Type	Prepaid - ₹1 Lakh	Full-service Brokerage Plan
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	0.20% (20 paisa)
Equity Intraday	0.015%	0.02% (2 paisa)
Equity Futures	0.015%	0.02% (2 paisa)
Equity Options	0.05% or Rs 63 per lot	Rs 75 per lot
Currency Futures		0.02% (2 paisa)
Currency Options		Rs 7.5 per lot
Commodity Futures		Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options
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Sharekhan Vs Trustline Brokerage Plan 3

	Sharekhan	Trustline
Account Type	Margin - ₹1 Lakh	Full-service Brokerage Plan
Fixed Charges	Rs 1,00,000 margin
Equity Delivery	0.25%	0.20% (20 paisa)
Equity Intraday	0.05%	0.02% (2 paisa)
Equity Futures	0.05%	0.02% (2 paisa)
Equity Options	1% or Rs 70 per lot	Rs 75 per lot
Currency Futures		0.02% (2 paisa)
Currency Options		Rs 7.5 per lot
Commodity Futures		Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options
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Sharekhan Charges Vs Trustline

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 0 (No Minimum Brokerage)
Other Charges		Physical contact notes: Rs 20
Call & Trade Charges	Rs 20	Rs 0 (Free)

Sharekhan Vs Trustline 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 Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Sharekhan	Trustline
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 1.5/trade (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 1.5/trade (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)	NSE Rs 190 per crore (0.0019%)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)	NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options	NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)	NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity	MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)	MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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Sharekhan Vs Trustline Leverage (Margin)

Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Trustline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Sharekhan	Trustline
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Sharekhan and Trustline Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

	Sharekhan	Trustline
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
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Sharekhan Vs Trustline Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

	Sharekhan	Trustline
	301 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 301 customer reviews	Trustline is rated 4.0 of 5 based on 1 customer reviews

Sharekhan Vs Trustline Investment Options

	Sharekhan	Trustline
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading	Insurance, Wealth Management

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)
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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 - Pros and Cons

	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.	Research based fundamental and technical analysis available to all the customers. 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 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.
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.	Separate account needed for Mutual Funds investment. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API is now available. No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers	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.	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.
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