Sharekhan Vs MDirect

Here we present 1 on 1 comparison of Sharekhan vs MDirect share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Sharekhan vs MDirect's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share Market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare Sharekhan vs MDirect - Broker type and exchange supported
  Sharekhan MDirect
 
Sharekhan Logo MDirect Logo
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price.
Broker Type Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX, NSEL BSE,NSE,MCX,NCDEX,MSEI
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 MDirect. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Sharekhan vs MDirect - Trading and Demat Account Charges
  Sharekhan MDirect
Trading Account Opening Fees Free(trading + Demat) Rs 500
Trading AMC NIL Nil
Demat Account Opening Fees Rs 0 Rs 200
Demat AMC Rs 400(free for 1st year) RS 400/p.a - Waived for 1st year
Own DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs MDirect - Plan Options
  Sharekhan MDirect
Monthly Plans No No
Yearly Plans No No
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Contact Broker / Request A Call Back

  Sharekhan MDirect
Contact / Request Call Back
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Brokerage Charges

Compare Sharekhan vs MDirect - Brokerage Charges
  Sharekhan MDirect
Plan Name Classic Account Rs 18 Per Trader Plan
Plan Description Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage. Flat Rs 18 Per Trader Plan.
Equity Delivery 0.5%(buy and sell side) Rs 18 per executed order
Equity Intraday 0.1%(buy and sell side) Rs 18 or 0.01 % whichever is lower
Equity Futures 0.1% on 1st leg and square off any other day Rs 18 per executed order
Equity Options Rs 100/- per lot or 2.5% on premium (whichever is higher) Rs 18 per executed order
Currency Futures 0.1% Rs 18 per executed order
Currency Options Rs.30/- per lot or 2.5% on premium (whichever is h Rs 18 per executed order
Commodity Trading 0.1% Rs 18 per executed order
Minimum Brokerage Rs 20
Brokerage Calculator Bro Calc for sharekhan Bro Calc for mdirect
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Share Broker's Transaction/Turnover Charges

Compare Sharekhan vs MDirect - Transaction/Turnover Charges
  Sharekhan MDirect
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 350 Per Cr
Equity Options Rs 5000 Per Cr Rs 8000 Per Cr
Currency Futures Rs 100 Per Cr Rs 215 Per Cr
Currency Options Rs 4000 Per Cr Rs 7000 Per Cr
Commodity NA
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Trading Features

Compare Sharekhan vs MDirect - Trading Feature and platform
  Sharekhan MDirect
3 in 1 Account No No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Desktop Trading Platform TradeTiger Nest Plus
Web Trading Platform newtrade.sharekhan.com Mdirect Nest Plus
Mobile Trading Platform ShareMobile Mdirect
SAS Online Review - 3.6*  Rs 999 Unlimited Trades
SAS ReviewEnquire Now
RKSV Review - 4* Rs 20 Per executed order
RKSV ReviewEnquire Now
Zerodha Review- Rated 4.5* Rs 20Per executed order
Zerodha ReviewEnquire Now
trade smart onlin review - 3.6*  Rs 15 Per executed order
TSO ReviewEnquire Now

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Broker Ratings by Admin

Compare Sharekhan vs MDirect - Rating
  Sharekhan MDirect
  174 Customer Reviews    Rate Sharekhan Customer Reviews    Rate MDirect
Fees Ratings 3.2
Trading Brokerage Rating 3.1
Trading Platform Usability 3.9
Customer Service Ratings 3.5
Overall Ratings Rated 3.6 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 174 customer reviews
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Investment Services

Compare Sharekhan vs MDirect - Investment Options
  Sharekhan MDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options NA
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Customer Service Offered

Compare Sharekhan vs MDirect - Customer Service Offerance
  Sharekhan MDirect
24/7 Customer Service No Yes
Email Support Yes Yes
Onine Live Chat Yes Yes
Phone Support Yes Yes
Toll Free Number Yes Yes
Through Branches Yes No
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Tips/Research/Reports Published

Compare Sharekhan vs MDirect - Research, Tips Reports
  Sharekhan MDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs MDirect - Special Offers and Promotion
  Sharekhan MDirect
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

More Advantages...

  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

Special Offers/Promo
 
Enquire about Sharekhan Enquire about MDirect

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Flat Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



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