Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Sharekhan ranges between 0.1 to 0.5%. Zerodha is a Discount Broker where Sharekhan is a Full Service Broker. Zerodha is having overall higher rating compare to Sharekhan. Zerodha is rated 4.5 out of 5 where Sharekhan is rated only 4 out of 5. Number of active customer for Sharekhan is 63,24,623 where number of active customer for Zerodha is 6,47,062. Sharekhan is serving more customer compare to Zerodha.
Here we present side-by-side comparison of Zerodha vs Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Zerodha vs Sharekhan'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 Zerodha vs Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Zerodha vs Sharekhan's on
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform...||Sharekhan is part of the top 10 brokers in India serving 7.5 lakh+ active customers. Powerful Trade Tiger desktop trading terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated ...|
Comparison of Zerodha with Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Sharekhan charges Rs 400 PA (Waived for first 3 year) AMC for Demat account.
|Trading Account Opening Fees||Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 400 PA (Waived for first 3 year)|
|Provide DP Service|
Plans are the most important feature you look when compare Zerodha with Sharekhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provides Multiple Plans where Zerodha doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
Sharekhan Brokerage Plan detail - 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.
|Brokerage Charges Compare||Zerodha||Sharekhan|
|Plan Name||Max Rs 20 per order Trading Plan||Classic Trading Plan (Percentage Based)|
|Equity Delivery||Free||0.5% or 50 paisa|
|Equity Intraday||0.03% or Rs 20 whichever is lower||0.1% or 10 paisa|
|Equity Futures||0.03% or Rs 20 whichever is lower||0.1% or 10 paisa|
|Equity Options||Flat Fee Rs 20||2.5% of Premium or Rs 250 per lot whichever is high|
|Currency Futures||0.03% or Rs 20 whichever is lower||0.1% or 10 paisa|
|Currency Options||Flat Fee Rs 20||2.5% of Premium or Rs 30 per lot whichever is high|
|Commodity Trading||Flat Fee Rs 20||0.1% or 10 paisa|
|Minimum Brokerage||NIL||Rs 20|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Rs 50 Per Executable Order||Free|
|Auto Square off Charges||Rs 50 Per Executable Order||Free|
|Brokerage Calculator||Brokerage Calculator for Zerodha||Brokerage Calculator for Sharekhan|
Compare Zerodha with Sharekhan on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Zerodha||Sharekhan|
|Equity Delivery||Rs 335 Per Cr||Rs 335 Per Cr|
|Equity Intraday||Rs 335 Per Cr||Rs 335 Per Cr|
|Equity Futures||Rs 200 Per Cr||Rs 200 Per Cr|
|Equity Options||Rs 5050 Per Cr||Rs 5050 Per Cr|
|Currency Futures||Rs 90 Per Cr||Rs 90 Per Cr|
|Currency Options||Rs 3500 Per Cr||Rs 3500 Per Cr|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for zerodha||Complete Brokerage Plans for sharekhan|
Compare Zerodha with Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Sharekhan offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Zerodha||Sharekhan|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Zerodha and Sharekhan. 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||Zerodha||Sharekhan|
|Desktop Trading Platform||Kite By Zerodha||TradeTiger|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.sharekhan.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Zerodha Kite||Sharekhan|
|Mobile Trading App Demo||Zerodha Kite Demo||Sharekhan Demo|
|Android Mobile App|
|Android App Download||Andriod Zerodha Kite Download||Andriod Sharekhan Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Zerodha Kite Download||iOS Sharekhan Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Zerodha||Equity Intraday and Delivery Brokerage Calculator for Sharekhan|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Zerodha||Futures Brokerage Calculator for Sharekhan|
|Options Brokerage Calculator||Options Brokerage Calculator for Zerodha||Options Brokerage Calculator for Sharekhan|
|Detail||Detail on Trading Platforms for zerodha||Detail on Trading Platforms for sharekhan|
Compare Zerodha with Sharekhan 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) - Sharekhan provides PMS Service where Zerodha doesn't offer
|Investment Offerings Compare||Zerodha||Sharekhan|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Zerodha with Sharekhan 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Sharekhan provides Bracket Orders (BO) where Zerodha 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
|Order Type Compare||Zerodha||Sharekhan|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Zerodha with Sharekhan 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 Service Compare||Zerodha||Sharekhan|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+ 91 80 4040 2020"||1800227500|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Lodha iThink Techno Campus,
Compare Zerodha with Sharekhan on research reports and tips provided by the broker.
Compare Zerodha with Sharekhan 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 Sharekhan is ₹500 pa where for Zerodha is ₹300 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction where for Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges).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 Account Annual Maintenance Charges(AMC)||₹300 pa||₹500 pa|
|Advance Deposit||Nil||Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)|
|Statutory charges||₹50||Actual Stamp Paper Charges|
|Transaction Charges on Debit (Per ISIN)||₹8 + ₹5.50 (CDSL Charges) per transaction||0.03% (Min ₹30) + ₹5.50 (CDSL Charges)|
|Demat||₹150 per certificate + ₹100 courier charges||₹5 per certificate (Min 50 per request)|
|Remat||₹150 per certificate + ₹100 courier charges + CDSL Charges||₹50 per certificate or ₹50 for every hundred securities|
|Pledge Creation||₹20 + ₹12 CSDL charges||0.03% (Min ₹100)|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹20 + ₹12 CSDL charges||Nil|
|Pledge Closure Confirmation||Nil||Nil|
|Failed Instruction Charges||₹50 per instraction||Nil|
|Other Charges||Nil||Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Compare Zerodha with Sharekhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
|Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except for bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).||Info Not Available|
|Bank Detail||HDFC Bank
Branch: Sandoz Branch, Mumbai
Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;
Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha
|Special Offers/Promo||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.|
|Enquiry||Open Sharekhan Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-09-13T05:06:06+00:00