Unlimited Trading @ Rs 899 per month - Prostocks

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.

Expand

Sharekhan Vs Zerodha

  Sharekhan Zerodha
Find more info about broker
Sharekhan Logo Zerodha Logo
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... Know more about Sharekhan 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... Know more about Zerodha
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 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.
Year of Incorporation 2000 2010
Number of Branches 2800 22
Enquire Sharekhan Enquire Zerodha
Expand

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
Expand

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 ₹20 per executed order
Expand

Sharekhan Vs Zerodha Taxes

  Sharekhan Zerodha
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
Expand

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%)
Expand

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
Expand

Sharekhan and Zerodha Feature Comparison

  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 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 Yes
Expand

Sharekhan Vs Zerodha Review

  Sharekhan Zerodha
  283 Customer Reviews    Rate Sharekhan 365 Customer Reviews    Rate Zerodha
Fees 3.1 3.8
Trading Brokerage 2.9 4.4
Trading Platform Usability 3.7 3.6
Customer Service 3.4 3.5
Research Capabilities 4.5 2.3
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 283 customer reviews Zerodha is Rated 3.7 / 5 based on 365 customer reviews
Expand

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

Expand

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
Expand

Sharekhan Vs Zerodha Customer Service

  Sharekhan Zerodha
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
Expand

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 Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Expand

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
Expand

Sharekhan Vs Zerodha Suitable For Investor Type

  Sharekhan Zerodha
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
Expand

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 ₹20 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. 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

    Discuss this question

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App