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Karvy Vs Sushil Finance: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Karvy ranges between 0.03 to 0.3% while the brokerage of Sushil Finance ranges between .01 to .03 . Both the brokers are Full Service brokers. Karvy is having overall higher rating compare to Sushil Finance. Karvy is rated 4 out of 5 where Sushil Finance is rated only 3 out of 5. Number of active customer for Sushil Finance is where number of active customer for Karvy is . Sushil Finance is serving more customer compare to Karvy.

Here we present side-by-side comparison of Karvy vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Karvy vs Sushil Finance's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Karvy vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Karvy vs Sushil Finance's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Karvy vs Sushil Finance on Service

  Karvy Compare
Karvy
Sushil Finance Compare
Sushil Finance
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients
Broker Overview One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory. Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Karvy vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of Karvy with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with Sushil Finance
Charges Karvy Sushil Finance
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Karvy vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare Karvy with Sushil Finance. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Karvy with Sushil Finance on Plan Options
Plan Types Karvy Sushil Finance
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Karvy vs Sushil Finance on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare Karvy with Sushil Finance
Brokerage Charges Compare Karvy Sushil Finance
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.3% or 30 paisa
Equity Intraday 0.03% or 3 paisa 0.03% or 3 paisa
Equity Futures 0.03% or 3 paisa 0.03% or 3 paisa
Equity Options Rs 50 Per Lot Rs 50 Per Lot
Currency Futures 0.03% or 3 paisa 0.03% or 3 paisa
Currency Options Rs 50 Per Lot Rs 30 Per Lot
Commodity Trading 0.03% or 3 paisa 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available NA
Auto Square off Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available NA
Brokerage Calculator Brokerage Calculator for Karvy Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare Karvy vs Sushil Finance on Transaction Charges

Compare Karvy with Sushil Finance on transaction charges and PCM fee by segment.

Transaction Charges - Compare Karvy with Sushil Finance
Transaction Charges Compare Karvy Sushil Finance
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for karvy Complete Brokerage Plans for sushil-finance
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Account Features

Compare Karvy vs Sushil Finance on Account Features

Compare Karvy with Sushil Finance on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Sushil Finance offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - Sushil Finance offers NRI where Karvy doesn't offers NRI Trading.

Account Features - Karvy with Sushil Finance
Account Features Compare Karvy Sushil Finance
3 in 1 Account No Karvy have 2-in-1 account. Only Demate and Trading account. No Karvy have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Karvy vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy and Sushil Finance. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Karvy with Sushil Finance
Trading Platform Compare Karvy Sushil Finance
Desktop Trading Platform Karvy NESTTrader Sushil Finance
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.karvyonline.com/KARVY/Login/indexauth.jsp https://itrading.sushilfinance.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App KarvyOnline Sushil Connect
Mobile Trading App Demo KarvyOnline Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod KarvyOnline Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS KarvyOnline Download iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Karvy Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for Karvy Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for Karvy Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for karvy Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare Karvy vs Sushil Finance on User Rating

  Karvy Sushil Finance
  3 Customer Reviews    Rate Karvy 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 2.7 4.0
Trading Brokerage Rating 2.3 5.0
Trading Platform Usability 2.3 4.0
Customer Service Ratings 3.7 5.0
Overall Ratings 2.7 4.0
Broker Rating Karvy is Rated 2.7 / 5 based on 3 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Karvy vs Sushil Finance on Investment Offerings

Compare Karvy with Sushil Finance on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provide PMS Service where Sushil Finance doesn't offer

Investment Offerings - Compare Karvy with Sushil Finance
Investment Offerings Compare Karvy Sushil Finance
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options Insurance Insurance
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Order Types

Compare Karvy vs Sushil Finance on Order Types

Order Type - Compare Karvy with Sushil Finance on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Karvy provide Cover Orders (CO) where Sushil Finance doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Karvy provide Bracket Orders (BO) where Sushil Finance doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Sushil Finance offers After market orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Karvy with Sushil Finance
Order Type Compare Karvy Sushil Finance
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Karvy vs Sushil Finance on Customer Service

Compare Karvy with Sushil Finance on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Karvy with Sushil Finance
Customer Service Compare Karvy Sushil Finance
24/7 Customer Service Karvy vs Sushil Finance - 24x7 customer support No No
Email Support Karvy vs Sushil Finance - Email Support Yes Yes
Onine Live Chat Karvy vs Sushil Finance - Onine Live Chat No No
Phone Support Karvy vs Sushil Finance - Phone Support Yes Yes
Toll Free Number Karvy vs Sushil Finance - Toll Free Number Yes No
Through Branches Karvy vs Sushil Finance - Through Branches Yes Yes
Customer Care Number Karvy vs Sushil Finance - Customer Care Number 18004198283/7093706007/18004198283 +91-22-40778083/87/88
Account Opening Process Karvy vs Sushil Finance - Account Opening Process Online/Paperless Instant & Paperless
Customer Support Email Karvy vs Sushil Finance - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Karvy vs Sushil Finance - Knowledge Center/Education https://www.karvyonline.com/knowledge-center/index https://www.sushilfinance.com/research/fundamental
Head Office Address Karvy vs Sushil Finance - Head Office Address/Corporate Address Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Info Not Available
Website Karvy vs Sushil Finance - Company Website www.karvyonline.com https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare Karvy vs Sushil Finance on Research Reports, Tips

Compare Karvy with Sushil Finance on research reports and tips provided by the broker.

Research Reports - Compare Karvy with Sushil Finance
  Karvy Sushil Finance
Research Mutual Funds Karvy vs Sushil Finance - Research Mutual Funds No Yes
Research Equity Reports Karvy vs Sushil Finance - Research Equity Reports No Yes
Research ETF Karvy vs Sushil Finance - Research ETF No Yes
Daily Market Report Karvy vs Sushil Finance - Daily Market Report Yes Yes
Free Tips Karvy vs Sushil Finance - Free Tips Yes Yes
Quarterly Result Analysis Karvy vs Sushil Finance - Quarterly Results Yes Yes
News Alerts Karvy vs Sushil Finance - Yes Yes
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Demat Account

Compare Karvy vs Sushil Finance on Demat Account

Compare Karvy with Sushil Finance on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Sushil Finance is ₹400 one time where for Karvy is ₹365 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Karvy is ₹15 per transaction where for Sushil Finance is 0.04% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Karvy with Sushil Finance
  Karvy Sushil Finance
DP Source CDSL CDSL
DP ID Karvy vs Sushil Finance - DP ID 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹365 pa ₹400 one time
Advance Deposit NIL INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 per transaction 0.04% of the transaction value (Min ₹15)
Demat ₹5 per certificate + ₹40 courier charges ₹10 per certificate + ₹75 request charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹35 per request
Pledge Creation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹35
Pledge Creation Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Closure 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹35
Pledge Closure Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Invocation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Failed Instruction Charges ₹100 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Karvy vs Sushil Finance on Special Offers and Promotion

Compare Karvy with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Karvy vs Sushil Finance on Special Offers and Promotion
  Karvy Sushil Finance
Pay In and Pay Out Options Karvy vs Sushil Finance - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Karvy vs Sushil Finance - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Karvy vs Sushil Finance - Bank Supported and Charges Around 40+ bank are prefered parter with Karvy Stock Broking. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes
  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo
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Last Updated on 2020-04-07T10:51:20+00:00