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Sharekhan Vs Zerodha (Compare Sharekhan and Zerodha)

The side-by-side comparison of Sharekhan and Zerodha. Compare Sharekhan Vs Zerodha brokerage, charges, exposure margin, demat account. Read Zerodha and Sharekhan review.

Find out Sharekhan Vs Zerodha which is better and Sharekhan Vs Zerodha which is best.

Our Sharekhan comparison with Zerodha highlights the major differences between two brokers. Find the best between Sharekhan and Zerodha.

Sharekhan Vs Zerodha

	Sharekhan	Zerodha
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review

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...	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnage	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Account Type	Classic Account	Flat Brokerage Plan
Broker Enquiry
Year of Incorporation	2000	2010
Number of Branches	2800	22
	Enquire Sharekhan	Enquire Zerodha

Sharekhan Vs Zerodha Charges

	Sharekhan	Zerodha
Trading Account Opening Fees	₹0 (Free)	₹200
Trading Account AMC	₹0 (Free)	₹0 (Free)
Demat Account Opening Fees	₹0 (Free)	₹0
Demat Account AMC	₹400 (Free for 1st year)	₹300
Demat Account is Mandatory?	No	No

Sharekhan Vs Zerodha Brokerage

Brokerage Plan 1

	Sharekhan	Zerodha
Account Type	Classic Account	Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.10%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.10%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹50 per lot	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.10%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹30 per lot	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Special Offer	Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Plan 2

	Sharekhan	Zerodha
Account Type	Prepaid - ₹1 Lakh	Flat Brokerage Plan
Fixed Charges	₹1,00,000 per year
Equity Delivery Brokerage	0.10%	₹0 (Free)
Equity Intraday Brokerage	0.015%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.015%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	0.05% or ₹63 per lot	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage		₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage		₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage		₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .01% whichever is lower

Brokerage Plan 3

	Sharekhan	Zerodha
Account Type	Margin - ₹1 Lakh	Flat Brokerage Plan
Fixed Charges	₹1,00,000 margin
Equity Delivery Brokerage	0.25%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	1% or ₹70 per lot	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage		₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage		₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage		₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future ₹0.001 per share	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	Rs 20	₹50 per executed order

Sharekhan Vs Zerodha Taxes

Sharekhan

Zerodha

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 Zerodha Transaction Charges

	Sharekhan	Zerodha
Equity Delivery	NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Futures	NSE ₹190 per Cr (0.0019%) \| BSE ₹50 per Cr (0.00035) (each side)	NSE ₹190 per Cr (0.0019%)
Equity Options	NSE ₹5000 per Cr (0.05%) \| BSE ₹50 per Cr (0.0005%) (on premium)	NSE ₹5000 per Cr (0.05%)
Currency Futures	NSE ₹135 per Cr (0.00135%) \| MCX ₹130 per Cr (0.00130%)	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	NSE ₹4220 per Cr (0.04220%) \| MCX ₹3220 per Cr (0.03220%) (on premium)	NSE ₹70 per Cr (0.0007%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	MCX (Non-Agri) ₹230 per Cr (0.0023%) \| MCX (Agri) ₹95 per Cr (0.00095%)	Group A - ₹260 per Cr (0.0026%)

Sharekhan Vs Zerodha Exposure Margin

	Sharekhan	Zerodha
Equity Delivery	Upto 5x with 24% interest per year	1x (no margin)
Equity Intraday	Upto 10x	Up to 20x (based on the stock)
Equity Futures	2x for Intraday	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Nil	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Nil	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Nil	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Upto 2x for Intraday	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options

Sharekhan and Zerodha Feature Comparison

	Sharekhan	Zerodha
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	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time	3:30 PM	3:10 PM
Other Features	Pattern finder, Class room training	Direct Mutual Funds, APIs
Referral Program

Sharekhan Vs Zerodha Review

	Sharekhan	Zerodha
	285 Customer Reviews	369 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is Rated 3.3 / 5 based on 285 customer reviews	Zerodha is Rated 3.7 / 5 based on 369 customer reviews

Contact Broker / Request A Call Back

	Sharekhan Enquire	Zerodha Enquire
Contact Broker	Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback. Name Phone # Email City Name State Are you a day trader?	Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

Sharekhan Vs Zerodha Investment Options

	Sharekhan	Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

Sharekhan Vs Zerodha Customer Service

	Sharekhan	Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches

Sharekhan Vs Zerodha Order Type Offered

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

Sharekhan Vs Zerodha Research Report

	Sharekhan	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Sharekhan Vs Zerodha Suitable For Investor Type

	Sharekhan	Zerodha
Casual Investor
Active Investor
Trader

Sharekhan Vs Zerodha - Advantages and Disadvantages

	Sharekhan	Zerodha
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...	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders. 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...	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹50 order. Auto Square off is charged at extra ₹50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account. More Disadvantages...
Reviews
Promo / Offers	Free Trading & Demat Account (for limited time only) Get 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.	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Frequently Asked Questions

1. Which is better Zerodha vs Sharekhan?

Zerodha and Sharekhan are different types of brokers. Zerodha is a discount broker whereas Sharekhan is a full-service broker. Here's a comparison between the 2 brokers on key services:

Zerodha Vs Sharekhan

Consideration	Zerodha	Sharekhan
Incorporation	2010	2000
Exchange Supported	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX and NCDEX
Brokerage Plans	Fixed Brokerage	Percentage based brokerage
Trading Account Opening Fees	₹200	Free
Demat Account AMC	₹300	₹400
Trading Platform	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile	TradeTiger, Sharekhan Mobile, Sharekhan Website
Research Services	No	Yes
Mutual Funds Services	Yes	Yes
Relationship Manager	No	Yes
Local Branch Support	No	Yes
Handholding for beginners	No	Yes

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