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
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
Standard 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)
₹100
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
Standard 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
Brokerage Plan 2
Sharekhan
Zerodha
Account Type
Prepaid - ₹1 Lakh
Standard 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
Standard 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
₹20 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%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
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 ₹4000 per Cr (0.04%) | 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
278 Customer Reviews
356 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Sharekhan is Rated 3.4 / 5 based on 278 customer reviews Zerodha is Rated 3.8 / 5 based on 356 customer reviews
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 made available for free to all its customers.
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.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
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 ₹20 order.
Margin funding is not available.
GTC/GTD not available in Equity.
More Disadvantages...
Reviews
Promo / Offers
Free Trading & Demat Account (for limited time only) Sharekhan offersFREE 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.
Compare More Brokers
Zerodha
Zero Account Opening Fee