Sharekhan Vs Zerodha Share Broker Comparison
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 NameSharekhan SecuritiesZerodha
Broker InfoSharekhan ReviewZerodha Review

Sharekhan Vs Zerodha Background

BackgroundSharekhan SecuritiesZerodha
Incorporation YearFeb, 20002010
Broker ServicesFull-Service Discount BrokerDiscount Broker
Website URLwww.sharekhan.comwww.zerodha.con
Contact Number022 330546000080-40402020
Exchanges AccessibleNSE, BSE, MCX-SX, MCX & NCDEXNSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)NSDL & CDSLCDSL – ZERODHA SECURITIES PVT. LTD.
Active Total Client5,00,000+ Clients8,00,000+ Clients

Introduction

IntroductionSharekhan SecuritiesZerodha
Broker Reviews /OpinionSharekhan 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 InquiryGet CallbackGet Callback

Broker Ratings And Reviews Comparison

Broker Rating/ReviewsSharekhan SecuritiesZerodha
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 InvestorsSharekhan SecuritiesZerodha
Day TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees And AMC Comparison

Account Opening Fees and AMCSharekhan SecuritiesZerodha
Trading Account Opening Charges₹ 750 for Classic & ₹ 1000 for Trade TigerRs. 300 – for Trading & DEMAT
Trading Annual Maintenance Charges₹ 0Free
Demat Account Opening Fees₹ 0Rs. 300 – for Trading & DEMAT
Demat Annual Maintenance Charges₹ 450Rs.300 + 18% GST for individuals
Commodity Fees₹ 0Rs. 200 – for commodity account
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansSharekhan SecuritiesZerodha
Monthly SubscriptionNot Available, ✖Not Available, ✖
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage ChargesSharekhan SecuritiesZerodha
Plan Subscription SummeryPercentage Based Brokerage ChargesZerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday Charges0.10% for Intraday Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery Charges0.50% for Delivery – NegotiableFree
Equity Futures Charges0.10% on one side oniy for intraday sq.off & 0.10% on second side if sq.off on next nextRs.20/executed order or 0.01% whichever is lower.
Equity Options ChargesRs.100 per LotRs.20/executed order or 0.01% whichever is lower.
Currency Futures Charges0.10%Rs.20/executed order or 0.01% whichever is lower.
Currency Options Charges₹ 20/lot- NegotiableRs.20/executed order or 0.01% whichever is lower.
Commodity Charges0.10%Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage FeesDefualt 0.10%0.01% Minimum
Any Hidden CostNo, ✖No, ✖
Call & Trade ChargesFreeRs 20 + 18% GST per order

Available Margins / Leverage Comparison

Margins or LeverageSharekhan SecuritiesZerodha
Equity Margin IntradayUpto 32x times for equity cash.No Margin for Delivery.
Equity Margin DeliveryUpto 15x times for equity deliveryUp to 12.5 times equity intraday margin.
Equity Margin FuturesUpto 15x times for equity futuresUp to 2 times for future.
Equity Margin OptionsUpto 10x times for equity optionsUp to 3 times for shorting options, No for buying options.
Currency Margin FuturesUpto 8x for currency futuresUp to 2.5 times for Intraday margin. 100% for carry forward.
Currency Margin OptionsUpto 10x for currency optionsUp to 2.5 times for intraday, 100% for carry forward.
Commodity MarginUpto 10x times for CommodityUp to 2.5 times for intraday, 100% for carry forward.

Transaction And Other Government Charges, Taxes Comparison

Transparency & Other FeesSharekhan SecuritiesZerodha
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.0021% or Rs.210/per crore.0.0021% or Rs.210/per crore.
Equity Options Trading0.055% or Rs.5500/per crore.0.053% or Rs.5300/per crore.
Currency Futures Trading0.0013% or Rs.130/per crore.0.00135% or Rs.135/per crore.
Currency Options Trading0.042% or Rs.4200/per crore.0.044% or Rs.4400/per crore.
Commodities TradingNAAgri: 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 ChargeFreeRs. 20 per order
Sebi ChargesRs.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 / SoftwareSharekhan SecuritiesZerodha
Desktop Trading PlatformTrade TigerZerodha Pi
Web Basednewtrade.sharekhan.comkite.zerodha.com
Mobile ApplicationSharekhan Mobile AppKite by Zerodha

Trading Platform Details Comparison

Trading Platform DetailsSharekhan SecuritiesZerodha
Demo (Desktop) PlatformYes, Available ✔Yes, Available ✔
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖
Web Trading URLYes, Available ✔kite.zerodha.com
Web Trading Portals InfoYes, Available ✔zerodha.com
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationDownload LinkKite zerodha
Mobile App DemoDemo LinkDemo
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility Comparison

ChartingSharekhan SecuritiesZerodha
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖Not Available, ✖

Reporting Comparison

ReportingSharekhan SecuritiesZerodha
Trade Online  ReportsYes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔

Trading Support And Tools Comparison

Support & ToolsSharekhan SecuritiesZerodha
Research & TipsYes, Available ✔No, ✖
Brokerage CalculatorNo, ✖Yes, Available ✔
Span Margin CalculatorNo, ✖Yes, Available ✔
Trailing StoplossYes, Available ✔No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesSharekhan SecuritiesZerodha
3 in 1 Account (Bank+Trading+Demat)No, ✖Yes, Available ✔ Link with IDFC bank
Instant Fund withdrawalNo, ✖No, ✖(24 hours)
Relationship Managers (RM)Yes, Available ✔No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)
Online DemoYes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔
Intraday Sq.off Timing3.15 PM3.20 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerPivot Point Indicator on Chart

Services And Available Option Category Comparison

Investment Service and Available OptionsSharekhan SecuritiesZerodha
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔
Online IPO RequestYes, Available ✔No, ✖
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositYes, Available ✔No, ✖
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesNo, ✖No, ✖
Direct InsuranceYes, Available ✔No, ✖
Forex InvestmentYes, Available ✔No, ✖
MF SIP InvestmentsYes, Available ✔No, ✖
PMS ServicesYes, Available ✔No, ✖
Other OptionsAsk to BrokerAsk to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessSharekhan SecuritiesZerodha
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout24 hours (working days)24 hours (working days).
Linked BankNear 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 TypesSharekhan SecuritiesZerodha
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 OrderYes, Available ✔Yes, Available ✔
Bracket OrderYes, Available ✔Yes, Available ✔
Buy Today Sell Tomorrow (BTST)Yes, Available ✔Yes, Available ✔
Sell Today Buy Tomorrow (STBT)Yes, Available ✔Yes, Available ✔
AMO -After Market OrderYes, Available ✔Yes, Available ✔
GTG-Good Till CancelledYes, Available ✔No, ✖

Customer Care Services And Numbers Comparison

Customer Care ServicesSharekhan SecuritiesZerodha
Customer Care Service 24/7No, ✖No, ✖
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineYes, Available ✔No, ✖
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔No, ✖
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number022 2575320091 8040402020
Account Opening ProcedurePaperlessPaperless
Customer Support Emailmyaccount@sharekhan.comsupport@zerodha.com
Complaints Support Emailigc@sharekhan.comcomplaints@zerodha.com
Educational BlogYes, Available ✔Yes, Available ✔
Head Office AddressICICI 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 & ReportsSharekhan SecuritiesZerodha
Equity ResearchYes, Available ✔No, ✖
Mutual Fund ResearchYes, Available ✔Yes, Available ✔
ETF ResearchNo, ✖No, ✖
Daily ReportYes, Available ✔No, ✖
Free Tips- AdvisoryYes, Available ✔No, ✖
Company Result AnalysisYes, Available ✔No, ✖
News & AlertsYes, Available ✔No, ✖

Sharekhan Vs Zerodha Advantages & Disadvantages Comparison

Advantages & DisadvantagesSharekhan SecuritiesZerodha
Pros / LikesMost know Stock broker in IndiaRs. 0 for Equity Delivery.
Very good Customer Care SupportExcellent Trading Platforms.
Pan india presenceCustomer care support is very good.
Fast & high tech trading platformEasy account opening procedure.
Excellent equity  researchDirect mutual fund investmenst.
cons / DislikesHigh Brokerage charges Rs.20 Extra for call n trade.
ETF Research not availableNo stock advisory.
3-in-1 account not availableOnline IPO Application not available.
No Algo Trading
Promotion or offer1st 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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