Sharekhan Vs Zerodha (Compare Sharekhan and Zerodha)

The side-by-side comparison of Sharekhan and Zerodha. Compare Sharekhan Vs Zerodha brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs Zerodha?


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... Know more about Sharekhan


Zerodha
Zerodha is India's largest and most popular stock broker. It offers online flat fee discount brokerage services to invest and trade in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per executed order. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size and in any segment). Zerodha is the safest, most relia... Know more about Zerodha

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Sharekhan Vs Zerodha

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
Supported Exchnages BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Account Type Classic Account Flat Brokerage Plan
Year of Incorporation 2000 2010
Number of Branches 2800 22
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
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Sharekhan Vs Zerodha Charges & AMC

Sharekhan trading account opening charges is ₹0 (Free) while Zerodha account opening changes is ₹200. Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year) and Zerodha Demat Account AMC Charges is ₹300.

  Sharekhan Zerodha
Trading Account Opening Charges ₹0 (Free) ₹200
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹400 (Free for 1st year) ₹300
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Sharekhan Vs Zerodha Brokerage Charges & Plans

Sharekhan Vs Zerodha Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

  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 .03% whichever is lower
Equity Futures Brokerage 0.10% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage ₹50 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.10% ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage 0.03% ₹20 per executed order or .03% 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

Sharekhan Vs Zerodha 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 .03% whichever is lower
Equity Futures Brokerage 0.015% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage 0.05% or ₹63 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
Enquire SharekhanEnquire Zerodha

Sharekhan Vs Zerodha 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 .03% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage 1% or ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower
Enquire SharekhanEnquire Zerodha

Sharekhan Charges Vs Zerodha

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share 0.03% in Intraday and F&O
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges Rs 20 ₹50 per executed order
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Sharekhan Vs Zerodha Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while Zerodha exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  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%) (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 ₹3500 per Cr (0.035%) | 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%)
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Sharekhan Vs Zerodha Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).

  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
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Compare Sharekhan and Zerodha Features

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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time 3:30 PM 3:10 PM
Other Features Pattern finder, Class room training Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
Enquire SharekhanEnquire Zerodha
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Sharekhan Vs Zerodha Review

Sharekhan is rated 3.3 of 5 based on 288 customer reviews whereas Zerodha is rated 3.7 of 5 based on 384 customer reviews.

  Sharekhan Zerodha
  288 Customer Reviews    Rate Sharekhan 384 Customer Reviews    Rate Zerodha
Fees 3.1 3.8
Trading Brokerage 2.9 4.3
Trading Platform Usability 3.7 3.6
Customer Service 3.3 3.4
Research Capabilities 3.3 2.5
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 288 customer reviews Zerodha is rated 3.7 of 5 based on 384 customer reviews
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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.

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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Sharekhan Vs Zerodha Investment Options

  Sharekhan Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, NRI Trading
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Sharekhan Vs Zerodha Order Type Offered

  Sharekhan Zerodha
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Enquire SharekhanEnquire Zerodha
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Sharekhan Vs Zerodha Research Report

  Sharekhan Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Sharekhan Vs Zerodha Suitable For Investor Type

  Sharekhan Zerodha
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs Zerodha - Pros and Cons

  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.
  • 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 0.03% 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.
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.
  • 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.
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.

Enquire SharekhanEnquire Zerodha

Frequently Asked Questions

  1. 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

     

  2. 2. Why Sharekhan is better than Zerodha?

    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:

    • Full-service Broker

      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.

    • Research & Advisory

      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.

    • Neighborhood Stores

      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.

    • Relationship Manager (RM)

      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.

    • Free Call & Trade Services

      Sharekhan offers free call & trade service while Zerodha charges ₹20 per executed order extra for broker-assisted trades.

     

  3. 3. Why Zerodha is better than Sharekhan?

    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:

    • Brokerage

      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.

    • Brokerage Free Stock Market Investment

      Zerodha offers brokerage free Equity Delivery trading which Sharekhan charges 0.55% brokerage.

    • Direct Mutual Fund

      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.

    • Online Trading Platform

      Zerodha's online trading platform Kite is superior and technologically advanced trading software.

    Unlike Sharekhan, Zerodha doesn't provide:

    • Services through branch offices. Zerodha offers online services.
    • Add-on services like research, advisory, PMS etc.
    • Stock recommendations and tips.
    • Customers trading assistance through dedicated RMs (Relationship Managers). Zerodha doesn't provide RM assistance to its customers.
    • Free call & trade services.
    • Margin Funding.

    Sharekhan and Zerodha Similarities

    • Trading services in NSE, BSE and MCX.
    • Both offer proprietary trading platforms. Sharekhan offers TradeTiger and Zerodha offers
    • Offers 2-in-1 trading accounts combing trading and demat accounts

    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.

     

  4. 4. Why Sharekhan is best?

    Sharekhan is one of the best full-service brokers in the country. Here are a few reasons to choose Sharekhan as a stock broker:

    • Part of BNP Paribas, a leading bank in the Eurozone.
    • Multiple trading platforms to choose from as per your needs. This includes an online trading website, Installable trading software, mobile app, Dial n trade and in-person trade through branch offices.
    • Offers a range of brokerage plans to suit individual customers.
    • Online and classroom training, seminars and workshops to investors.
    • No charges for Online Funds Transfer to the trading account and Pay-out to the bank account.
    • Free Call & Trade
    • Over 2 decades of stock broking experience.
    • Research and advisory services.
    • Pan India network with 3200 outlets in 634 cities.
    • 20+ lakh customers.

     

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