Sharekhan Vs Zerodha Share Broker Comparison

Sharekhan Vs Zerodha step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

Sharekhan Vs Zerodha Side-by-side Comparison

Broker Name	Sharekhan Securities	Zerodha
Broker Info	Sharekhan Review	Zerodha Review

Sharekhan Vs Zerodha Background

Background	Sharekhan Securities	Zerodha
Incorporation Year	Feb, 2000	2010
Broker Services	Full-Service Discount Broker	Discount Broker
Website URL	www.sharekhan.com	www.zerodha.con
Contact Number	022 330546000	080-40402020
Exchanges Accessible	NSE, BSE, MCX-SX, MCX & NCDEX	NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)	NSDL & CDSL	CDSL – ZERODHA SECURITIES PVT. LTD.
Active Total Client	5,00,000+ Clients	8,00,000+ Clients

Introduction

Introduction	Sharekhan Securities	Zerodha
Broker Reviews /Opinion	Sharekhan securities has great brand value. One of the largest stock broking company in india. Sharekhan has presences in almost all indian cities. Provide great trading platform and first broker introduced bracket and trailing stoploss order.	Zerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good. They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platform.

Broker Ratings And Reviews Comparison

Broker Rating/Reviews	Sharekhan Securities	Zerodha
Opening Charges	★★★★	★★★★★
Commissions & Fees	★★★	★★★★★
Trading Platforms & Tools	★★★★★	★★★★★
Order Execution	★★★★★	★★★★★
Fund Add/Withdraw	★★★★★	★★★★★
Customer Services	★★★★★	★★★★★
Overall Rating	★★★★	★★★★★

Usable For Investors Category Comparison

Useful for Type of Investors	Sharekhan Securities	Zerodha
Day Traders	Yes, Available ✔	Yes, Available ✔
Active Investor/Trader	Yes, Available ✔	Yes, Available ✔
Investor	Yes, Available ✔	Yes, Available ✔

Account Opening Fees And AMC Comparison

Account Opening Fees and AMC	Sharekhan Securities	Zerodha
Trading Account Opening Charges	₹ 750 for Classic & ₹ 1000 for Trade Tiger	Rs. 300 – for Trading & DEMAT
Trading Annual Maintenance Charges	₹ 0	Free
Demat Account Opening Fees	₹ 0	Rs. 300 – for Trading & DEMAT
Demat Annual Maintenance Charges	₹ 450	Rs.300 + 18% GST for individuals
Commodity Fees	₹ 0	Rs. 200 – for commodity account
Offer DP Service	Yes, Available ✔	Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage Plans	Sharekhan Securities	Zerodha
Monthly Subscription	Not Available, ✖	Not Available, ✖
Yearly Subscription	Not Available, ✖	Not Available, ✖
Multiple Subscription	Not Available, ✖	Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage Charges	Sharekhan Securities	Zerodha
Plan Subscription Summery	Percentage Based Brokerage Charges	Zerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday Charges	0.10% for Intraday	Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery Charges	0.50% for Delivery – Negotiable	Free
Equity Futures Charges	0.10% on one side oniy for intraday sq.off & 0.10% on second side if sq.off on next next	Rs.20/executed order or 0.01% whichever is lower.
Equity Options Charges	Rs.100 per Lot	Rs.20/executed order or 0.01% whichever is lower.
Currency Futures Charges	0.10%	Rs.20/executed order or 0.01% whichever is lower.
Currency Options Charges	₹ 20/lot- Negotiable	Rs.20/executed order or 0.01% whichever is lower.
Commodity Charges	0.10%	Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees	Defualt 0.10%	0.01% Minimum
Any Hidden Cost	No, ✖	No, ✖
Call & Trade Charges	Free	Rs 20 + 18% GST per order

Available Margins / Leverage Comparison

Margins or Leverage	Sharekhan Securities	Zerodha
Equity Margin Intraday	Upto 32x times for equity cash.	No Margin for Delivery.
Equity Margin Delivery	Upto 15x times for equity delivery	Up to 12.5 times equity intraday margin.
Equity Margin Futures	Upto 15x times for equity futures	Up to 2 times for future.
Equity Margin Options	Upto 10x times for equity options	Up to 3 times for shorting options, No for buying options.
Currency Margin Futures	Upto 8x for currency futures	Up to 2.5 times for Intraday margin. 100% for carry forward.
Currency Margin Options	Upto 10x for currency options	Up to 2.5 times for intraday, 100% for carry forward.
Commodity Margin	Upto 10x times for Commodity	Up to 2.5 times for intraday, 100% for carry forward.

Transaction And Other Government Charges, Taxes Comparison

Transparency & Other Fees	Sharekhan Securities	Zerodha
Equity Day Trading	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Delivery	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Futures Trading	0.0021% or Rs.210/per crore.	0.0021% or Rs.210/per crore.
Equity Options Trading	0.055% or Rs.5500/per crore.	0.053% or Rs.5300/per crore.
Currency Futures Trading	0.0013% or Rs.130/per crore.	0.00135% or Rs.135/per crore.
Currency Options Trading	0.042% or Rs.4200/per crore.	0.044% or Rs.4400/per crore.
Commodities Trading	NA	Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge	₹ 400/- (1st year Free).	Free for Trading AMC. Rs.300 PA for Demat AMC
DP Transaction Fees	₹ 16/per transaction.	Equity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST), Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST)
Offline order placing Charge	Free	Rs. 20 per order
Sebi Charges	Rs.15/per cr.	Rs.15/per cr.
GST	18% on Brokerage + Transaction charges.	18% on Brokerage + Transaction charges.
Stamp Duty	As per Clients state.	As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / Software	Sharekhan Securities	Zerodha
Desktop Trading Platform	Trade Tiger	Zerodha Pi
Web Based	newtrade.sharekhan.com	kite.zerodha.com
Mobile Application	Sharekhan Mobile App	Kite by Zerodha

Trading Platform Details Comparison

Trading Platform Details	Sharekhan Securities	Zerodha
Demo (Desktop) Platform	Yes, Available ✔	Yes, Available ✔
Windows Desktop platform	Yes, Available ✔	Yes, Available ✔
MAC Desktop platform	No, ✖	No, ✖
Web Trading URL	Yes, Available ✔	kite.zerodha.com
Web Trading Portals Info	Yes, Available ✔	zerodha.com
Mobile Site	Yes, Available ✔	Yes, Available ✔
Mobile Trading Availability	Yes, Available ✔	Yes, Available ✔
Mobile Trading Application	Download Link	Kite zerodha
Mobile App Demo	Demo Link	Demo
Android / Ios Mobile App	Yes, ✔ Both Available	Yes, ✔ Both Available

Charting Facility Comparison

Charting	Sharekhan Securities	Zerodha
Intraday (Day Chart)	Yes, Available ✔	Yes, Available ✔
End of Day (Daily Chart)	Yes, Available ✔	Yes, Available ✔
Coding/Backtesting	No, ✖	Not Available, ✖

Reporting Comparison

Reporting	Sharekhan Securities	Zerodha
Trade Online  Reports	Yes, Available ✔	Yes, Available ✔
PNL Online Reports	Yes, Available ✔	Yes, Available ✔
Online Contract Notes	Yes, Available ✔	Yes, Available ✔

Trading Support And Tools Comparison

Support & Tools	Sharekhan Securities	Zerodha
Research & Tips	Yes, Available ✔	No, ✖
Brokerage Calculator	No, ✖	Yes, Available ✔
Span Margin Calculator	No, ✖	Yes, Available ✔
Trailing Stoploss	Yes, Available ✔	No, ✖
Training & Education	Yes, ✔ Blogs, Articles	Yes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading Features	Sharekhan Securities	Zerodha
3 in 1 Account (Bank+Trading+Demat)	No, ✖	Yes, Available ✔ Link with IDFC bank
Instant Fund withdrawal	No, ✖	No, ✖(24 hours)
Relationship Managers (RM)	Yes, Available ✔	No, ✖
Charts	Yes, Available ✔	Yes, Available ✔
Algo Trading / Robot	No, ✖	No, ✖
Mobile SMS Alerts	Yes, Available ✔	Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)
Online Demo	Yes, Available ✔	Yes, Available ✔
Online Portfolio	Yes, Available ✔	Yes, Available ✔
Margin for Future Trading	Yes, Available ✔	Yes, Available ✔
Combined Records for Equity & Commodity	Yes, Available ✔	Yes, Available ✔
Intraday Sq.off Timing	3.15 PM	3.20 PM
Can NRI Trade	Yes, Available ✔	Yes, Available ✔
Extra Features	Ask to Broker	Pivot Point Indicator on Chart

Services And Available Option Category Comparison

Investment Service and Available Options	Sharekhan Securities	Zerodha
Equity Cash & Future & Option	Yes, Available ✔	Yes, Available ✔
Currency Derivatives (Forex)	Yes, Available ✔	Yes, Available ✔
Commodity	Yes, Available ✔	Yes, Available ✔
Online IPO Request	Yes, Available ✔	No, ✖
Mutual Funds (MF)	Yes, Available ✔	Yes, Available ✔
Bonds / Negotiable Certificate of Deposit	Yes, Available ✔	No, ✖
Exchange-Traded Fund (ETF)	Yes, Available ✔	Yes, Available ✔
Banking Services	No, ✖	No, ✖
Direct Insurance	Yes, Available ✔	No, ✖
Forex Investment	Yes, Available ✔	No, ✖
MF SIP Investments	Yes, Available ✔	No, ✖
PMS Services	Yes, Available ✔	No, ✖
Other Options	Ask to Broker	Ask to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal Process	Sharekhan Securities	Zerodha
Fund Pay In and Pay out	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout	24 hours (working days)	24 hours (working days).
Linked Bank	Near about 22 bank available for fund credit and Rs.9 for per transaction.	Near about 22 bank available for fund credit and Rs.9 for per transaction.

Trading Order Types Comparison

Trading Order Types	Sharekhan Securities	Zerodha
Cash N Carry (CNC Order)	Yes, Available ✔	Yes, Available ✔
Margin Intraday Square (MIS Order)	Yes, Available ✔	Yes, Available ✔
Normal (NRML Order)	Yes, Available ✔	Yes, Available ✔
Cover Order	Yes, Available ✔	Yes, Available ✔
Bracket Order	Yes, Available ✔	Yes, Available ✔
Buy Today Sell Tomorrow (BTST)	Yes, Available ✔	Yes, Available ✔
Sell Today Buy Tomorrow (STBT)	Yes, Available ✔	Yes, Available ✔
AMO -After Market Order	Yes, Available ✔	Yes, Available ✔
GTG-Good Till Cancelled	Yes, Available ✔	No, ✖

Customer Care Services And Numbers Comparison

Customer Care Services	Sharekhan Securities	Zerodha
Customer Care Service 24/7	No, ✖	No, ✖
Email Support	Yes, Available ✔	Yes, Available ✔
Live Chat Online	Yes, Available ✔	No, ✖
Phone Support	Yes, Available ✔	Yes, Available ✔
Toll-Free Number	Yes, Available ✔	No, ✖
Support by Branch	Yes, Available ✔	Yes, Available ✔
Customer Care Contact Number	022 25753200	91 8040402020
Account Opening Procedure	Paperless	Paperless
Customer Support Email	[email protected]	[email protected]
Complaints Support Email	[email protected]	[email protected]
Educational Blog	Yes, Available ✔	Yes, Available ✔
Head Office Address	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400020	#153/154 4th Cross Dollars Colony, Opp. Clarence Public School,J.P Nagar 4th Phase, Bangalore – 560078

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & Reports	Sharekhan Securities	Zerodha
Equity Research	Yes, Available ✔	No, ✖
Mutual Fund Research	Yes, Available ✔	Yes, Available ✔
ETF Research	No, ✖	No, ✖
Daily Report	Yes, Available ✔	No, ✖
Free Tips- Advisory	Yes, Available ✔	No, ✖
Company Result Analysis	Yes, Available ✔	No, ✖
News & Alerts	Yes, Available ✔	No, ✖

Sharekhan Vs Zerodha Advantages & Disadvantages Comparison

Advantages & Disadvantages	Sharekhan Securities	Zerodha
Pros / Likes	Most know Stock broker in India	Rs. 0 for Equity Delivery.
	Very good Customer Care Support	Excellent Trading Platforms.
	Pan india presence	Customer care support is very good.
	Fast & high tech trading platform	Easy account opening procedure.
	Excellent equity  research	Direct mutual fund investmenst.
cons / Dislikes	High Brokerage charges	Rs.20 Extra for call n trade.
	ETF Research not available	No stock advisory.
	3-in-1 account not available	Online IPO Application not available.
	No Algo Trading
Promotion or offer	1st Year Free Demat Annual Maintenance Charges (AMC)	Free equity delivery trading and only Rs.20 or 0.01 % whichver is lowest brokergerage charges

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