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About Sharekhan
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 & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... 
About Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.
| Sharekhan | Zerodha | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MCX and NCDEX |
| Year of Incorporation | 2000 | 2010 |
| Number of Branches | 2800 | 22 |
| Enquire Sharekhan | Open Zerodha Account |
Sharekhan trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Zerodha Demat Account AMC Charges is Rs 300.
| Sharekhan | Zerodha | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 200 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 300 |
Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.
| Account Type | Sharekhan Classic Account | Zerodha Flat Brokerage Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.10% | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | 0.10% | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 50 per lot | Rs 20 per executed order |
| Currency Futures | 0.10% | Rs 20 per executed order or .03% whichever is lower |
| Currency Options | Rs 30 per lot | Rs 20 per executed order or .03% whichever is lower |
| Commodity Futures | 0.03% | Rs 20 per executed order or .03% whichever is lower |
| Commodity Options | 0.03% | Rs 20 per executed order or .03% whichever is lower |
| 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: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. |
| Sharekhan | Zerodha | |
|---|---|---|
| Account Type | Prepaid - ₹1 Lakh | Flat Brokerage Plan |
| Fixed Charges | Rs 1,00,000 per year | |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | 0.015% | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | 0.015% | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | 0.05% or Rs 63 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order or .03% whichever is lower | |
| Enquire Sharekhan | Open Zerodha Account |
| Sharekhan | Zerodha | |
|---|---|---|
| Account Type | Margin - ₹1 Lakh | Flat Brokerage Plan |
| Fixed Charges | Rs 1,00,000 margin | |
| Equity Delivery | 0.25% | Rs 0 (Free) |
| Equity Intraday | 0.05% | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order or .03% whichever is lower | |
| Enquire Sharekhan | Open Zerodha Account |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | 0.03% in Intraday and F&O |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
| Call & Trade Charges | Rs 20 | Rs 50 per executed order |
Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
| Sharekhan | Zerodha | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) | NSE Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
| Currency Options | NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) | Group A - Rs 260 per Cr (0.0026%) |
| Enquire Sharekhan | Open Zerodha Account |
Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Sharekhan | Zerodha | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Enquire Sharekhan | Open Zerodha Account |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.
| Sharekhan | Zerodha | |
|---|---|---|
| 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 | |
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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 | TradeTiger, Sharekhan Mobile | Kite Web, Kite Mobile for Android/iOS and Coin |
| Intraday Square-off Time | 3:30 PM | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Other Features | Pattern finder, Class room training | Direct Mutual Funds, APIs for Algo Trading |
| Referral Program | |
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| Enquire Sharekhan | Open Zerodha Account |
Sharekhan is rated 3.3 of 5 based on 306 customer reviews whereas Zerodha is rated 3.7 of 5 based on 454 customer reviews.
| Sharekhan | Zerodha | |
|---|---|---|
306 Customer Reviews  |
454 Customer Reviews |
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| Fees |  |
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| Brokerage |  |
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| Trading Platform | |
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| Customer Service |  |
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| Research Capabilities |  |
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| Overall Ratings | |
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| Broker Rating | Sharekhan is rated 3.3 of 5 based on 306 customer reviews | Zerodha is rated 3.7 of 5 based on 454 customer reviews |
| Sharekhan Enquire | Zerodha Enquire | |
|---|---|---|
| Contact Broker | Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. |
| Sharekhan | Zerodha | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| 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 | Loans, NRI Trading |
| Sharekhan | Zerodha | |
|---|---|---|
| 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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| Enquire Sharekhan | Open Zerodha Account |
| Sharekhan | Zerodha | |
|---|---|---|
| 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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| Sharekhan | Zerodha | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader | |
| Sharekhan | Zerodha | |
|---|---|---|
| Pros |
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| Cons |
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| Reviews | ||
| Promo / Offers | Rs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
Free Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open Instant Zerodha Account online and start trading today. |
| Enquire Sharekhan | Open Zerodha Account |
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:
|
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 |
Rs 200 |
Free |
|
Demat Account AMC |
Rs 300 |
Rs 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 |
Sharekhan is a full-service broker while Zerodha is a discount stock broker. Sharekhan offers personalized services through its thousands of branches and franchise offices in almost every town in India while Zerodha is an online broker with no branches.
Sharekhan is better than Zerodha for following reasons:
Sharekhan is a Full-service broker offering complete trading and investment services including broking, demat, MF, Margin Funding, PMS and NRI services etc., whereas Zerodha, being a discount broker, limits its services to online trading and direct mutual funds. Sharekhan offers both online and offline trading whereas Zerodha offers only online trading.
Sharekhan offers research and advisory services wherein it publishes reports on the economy, markets and different trading segments. The research team also recommends stocks based on technical and fundamental analysis.
Sharekhan has over 3200 branches and franchise offices in more than 634 cities across India. Customers can visit these offices to avail its various services like account opening, trading and investing in mutual funds etc. Zerodha doesn't offer branch services as it has a very limited physical presence.
Every Sharekhan customer is provided with an RM who is one point of contact for all the services including sales, support and investment help. Zerodha doesn't offer RM support. It is a do-it-yourself type of broker.
Sharekhan offers free call & trade service while Zerodha charges Rs 20 per executed order extra for broker-assisted trades.
Zerodha is an online stock broker offering discount brokerage services to a customer who can trade or invest online by themselves with no help from the broker.
Sharekhan is a full-service broker offering in-person services to customers through a network of branches. Customers can walk-in the neighborhood store and talk to people.
Zerodha is better than Sharekhan for following reasons:
Zerodha charges a fraction of brokerage in comparison to Sharekhan. Sharekhan charges a percentage based brokerage fee on the value of the trade. Zerodha follows a fixed brokerage model wherein a flat brokerage is charged from all.
Zerodha offers brokerage free Equity Delivery trading which Sharekhan charges 0.55% brokerage.
Zerodha offers Direct Mutual Funds while Sharekhan offers only Regular Mutual Funds. Direct Mutual Fund offers an additional 1 to 2% yearly profits as the brokers are not paid any commissions by the Asset Management Company.
Zerodha's online trading platform Kite is superior and technologically advanced trading software.
Unlike Sharekhan, Zerodha doesn't provide:
Sharekhan and Zerodha Similarities
Conclusion
Sharekhan and Zerodha are different types of stock brokers catering to different trading needs. Sharekhan caters to beginners to intermediate traders who need research services in addition to trading services. Zerodha works well for experienced traders who are looking for low brokerage and can research and trade on their own.
Sharekhan is one of the best full-service brokers in the country. Here are a few reasons to choose Sharekhan as a stock broker:
Zerodha is an online stock broker that offers only trading and investment services at BSE, NSE and MCX. Sharekhan being a full-service broker offers trading, research, advisory services, PMS and personalized assistance.
Zerodha is better than Sharekhan for the following services
Sharekhan is better than Zerodha for the following services
Zerodha and Sharekhan are different types of brokers. Zerodha is suitable for investors who can trade independently with almost no support from stock broker. Sharekhan is for beginners and traders who require guidance, tips, and personalized assistance for trading.
Sharekhan is a full-service broker that offers research and advisory services along with online and offline trading services. Zerodha is the largest stock broker in India that offers a low brokerage commission online trading facility.
Zerodha offers brokerage-free Equity Delivery trading and mutual funds investment. It also offers advanced trading platforms for online trading through mobile or web browsers.
Sharekhan is better than Zerodha for the following factors:
Zerodha is better than Sharekhan for the following factors:
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