Sharekhan Vs Trustline Share Broker Comparison
The side-by-side comparison of Sharekhan and Trustline Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Trustline'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 Trustline.
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Sharekhan |
Trustline Securities Ltd |
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| 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...  |
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
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MSEI, MCX |
BSE, NSE, MCX |
| Account Type
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Classic Account |
Full-service Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Sharekhan |
Trustline Securities Ltd |
| Trading Account Opening Fees
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₹0 (Free) |
₹0 (Free) |
| Trading Account AMC
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₹0 (Free) |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 (Free) |
Regular: ₹0, Lifetime Free AMC: ₹1000 |
| Demat Account AMC
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₹400 (Free for 1st year) |
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Sharekhan |
Trustline Securities Ltd |
| Account Type |
Classic Account |
Full-service Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% |
0.20% (20 paisa) |
| Equity Intraday Brokerage
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0.10% |
0.02% (2 paisa) |
| Equity Futures Brokerage
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0.10% |
0.02% (2 paisa) |
| Equity Options Brokerage
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₹100 per lot |
₹75 per lot |
| Currency Futures Trading Brokerage
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0.10% |
0.02% (2 paisa) |
| Currency Options Trading Brokerage
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₹30 per lot |
₹7.5 per lot |
| Commodity Futures Trading Brokerage
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0.10% |
Future: 0.02% (2 paisa) | Options: ₹50 per lot |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Sharekhan |
Trustline Securities Ltd |
| Account Type |
Prepaid - ₹1 Lakh |
Full-service Brokerage Plan |
| Fixed Charges
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₹1,00,000 per year |
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| Equity Delivery Brokerage
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0.10% |
0.20% (20 paisa) |
| Equity Intraday Brokerage
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0.015% |
0.02% (2 paisa) |
| Equity Futures Brokerage
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0.015% |
0.02% (2 paisa) |
| Equity Options Brokerage
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0.05% or ₹63 per lot |
₹75 per lot |
| Currency Futures Trading Brokerage
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0.02% (2 paisa) |
| Currency Options Trading Brokerage
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₹7.5 per lot |
| Commodity Futures Trading Brokerage
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Future: 0.02% (2 paisa) | Options: ₹50 per lot |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Sharekhan |
Trustline Securities Ltd |
| Account Type |
Margin - ₹1 Lakh |
Full-service Brokerage Plan |
| Fixed Charges
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₹1,00,000 margin |
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| Equity Delivery Brokerage
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0.25% |
0.20% (20 paisa) |
| Equity Intraday Brokerage
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0.05% |
0.02% (2 paisa) |
| Equity Futures Brokerage
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0.05% |
0.02% (2 paisa) |
| Equity Options Brokerage
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1% or ₹70 per lot |
₹75 per lot |
| Currency Futures Trading Brokerage
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0.02% (2 paisa) |
| Currency Options Trading Brokerage
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₹7.5 per lot |
| Commodity Futures Trading Brokerage
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Future: 0.02% (2 paisa) | Options: ₹50 per lot |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
₹0 (No Minimum Brokerage) |
| Other Brokerage Charges
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Physical contact notes: ₹20 |
| Call & Trade Charges
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₹0 (Free) |
Taxes
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Sharekhan |
Trustline Securities Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Sharekhan |
Trustline Securities Ltd |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Futures
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NSE ₹190 | BSE ₹50 |
NSE ₹190 per crore (0.0019%) |
| Equity Options
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NSE ₹5000 | BSE ₹50 |
NSE ₹5000 per crore (0.05%) |
| Currency Futures
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NSE ₹135 | MCX ₹130 |
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%) |
| Currency Options
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NSE ₹4220 | MCX ₹3220 |
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500 |
| Commodity
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MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%) |
Exposure
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Sharekhan |
Trustline Securities Ltd |
| Equity Delivery
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6.67x for A group stock | 5x to 2.5x for B group stock |
1x (100% Margin Required) |
| Equity Intraday
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10x for A & B group stock |
Up to 20x |
| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
NSE: 2x |
| Equity Options
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0x |
NSE: 2x |
| Currency Futures
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NSE: 2x |
| Currency Options
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NSE: 2x |
| Commodity
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MCX Futures: 8x |
Share Broker Features
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Sharekhan |
Trustline Securities Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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TradeTiger |
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. |
| Intraday Square-off Time
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3:30 PM |
Equity: 3:15 PM, Commodity: 11:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Sharekhan |
Trustline Securities Ltd |
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274 Customer Reviews  |
1 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Sharekhan is Rated 3.3 / 5 based on 274 customer reviews |
Trustline is Rated 4.0 / 5 based on 1 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Sharekhan |
Trustline Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
Insurance, Wealth Management |
Customer Service Offered
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Sharekhan |
Trustline Securities Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Sharekhan |
Trustline Securities Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Sharekhan |
Trustline Securities Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Sharekhan |
Trustline Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Sharekhan |
Trustline Securities Ltd |
| Pros
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- 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... |
- 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.
More Advantages... |
| Cons
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- 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.
- 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.
More Disadvantages... |
| Reviews
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| Promo / Offers
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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.
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Lifetime FREE AMC Demat Account - 50% Off
Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. |
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Enquire about Sharekhan
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