Chittorgarh.com
Free Trading + Demat Account

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.

  Sharekhan Trustline Securities Ltd
 
Sharekhan Logo Trustline Securities 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 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 ... Know more about Trustline Securities Ltd
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 Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  Sharekhan Trustline Securities Ltd
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
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Trustline Securities Ltd
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 Securities Ltd
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 Securities Ltd
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)
Expand

Taxes

  Sharekhan Trustline Securities 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.
Expand

Transaction Charges

  Sharekhan Trustline Securities Ltd
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%)
Expand

Exposure

  Sharekhan Trustline Securities Ltd
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 Upto 2x MCX Futures: 8x
Expand

Share Broker Features

  Sharekhan Trustline Securities 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 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
Expand

Broker Ratings (Average User Rating)

  Sharekhan Trustline Securities Ltd
  277 Customer Reviews    Rate Sharekhan 1 Customer Reviews    Rate Trustline
Fees Ratings 3.1 4.0
Trading Brokerage Rating 2.9 3.0
Trading Platform Usability 3.7 4.0
Customer Service Ratings 3.4 4.0
Overall Ratings Rated 3.4 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Trustline Securities Ltd
Contact / Request Call Back
Expand

Investment Options Available

  Sharekhan Trustline Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Loans, NRI Trading Insurance, Wealth Management
Expand

Customer Service Offered

  Sharekhan Trustline Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

Order Type

  Sharekhan Trustline Securities Ltd
Bracket Order 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
Expand

Research / Tips / Reports Published

  Sharekhan Trustline Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Suitable for Investor Category

  Sharekhan Trustline Securities Ltd
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

Expand

Pros, Cons and Other Review Comments

  Sharekhan Trustline Securities 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...

  • 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
  • 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
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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

Enquire about Sharekhan
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App