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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 Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Trustline Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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	Full Service Broker	Full Service Broker
Supported Exchnage	BSE, NSE, MSEI, MCX	BSE, NSE, MCX
Account Type	Classic Account	Full-service Brokerage Plan
Broker Enquiry

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

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	₹100 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	0.10%	Future: 0.02% (2 paisa) \| Options: ₹50 per lot
Commodity Options Trading Brokerage

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		₹0 (Free)

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.

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%)

Exposure

	Sharekhan	Trustline Securities Ltd
Equity Delivery	6.67x for A group stock \| 5x to 2.5x for B group stock	1x (100% Margin Required)
Equity Intraday	10x for A & B group stock	Up to 20x
Equity Futures	66.67x for Indices futures \| 40x to 22.5x for stock futures	NSE: 2x
Equity Options	0x	NSE: 2x
Currency Futures		NSE: 2x
Currency Options		NSE: 2x
Commodity		MCX Futures: 8x

Share Broker Features

	Sharekhan	Trustline Securities Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Trading Platform	TradeTiger	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

Broker Ratings (Average User Rating)

	Sharekhan	Trustline Securities Ltd
	274 Customer Reviews	1 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
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

	Sharekhan	Trustline Securities Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

Investment Options Available

	Sharekhan	Trustline Securities Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading	Insurance, Wealth Management

Customer Service Offered

	Sharekhan	Trustline Securities Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	Sharekhan	Trustline Securities Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

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

Suitable for Investor Category

	Sharekhan	Trustline Securities Ltd
Casual Investor
Active Investor
Trader

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
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	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%)