Incorporated in 1982, Sushil Financial Services Private Limited is engaged in brokerage house business providing trading facility in Equity, Currency and DP service. The company is part of Sushil Finance group of companies having other firms like Sushil Global Commodities Private Limited engaged in commodity trading, Sushil Finance Consultants Limited providing distribution of IPOs and Mutual Fund products, Sushil Capital Private Limited is RBI registered company, providing NBFC facility as loan against shares. Sushil Insurance Brokers Private Limited is insurance division providing life and non-life insurance, retirement planning, saving plans, child plans and many more.
The broker deals in equity and currency derivatives market through BSE and NSE. They have their own DP service registered with NSDL and CDSL. The broker is just not provide trading facility but also serves as distributor of IPOs, Mutual Fund products, financial planner, investment planning, wealth management, research service, NRI/FPI services, Fixed Income products and NBFC.
Sushil Finance has PAN India presence with over 570+ branches and channel partners in 227 cities.
On customer service, Sushil Finance has a dedicated team of service providers for query resolution that helps to hold a strong employee customer relationship. The broker is known for its extensive research providing access to all reports online to make it transparent, they have subscription of research report as well as SMS service to get quick updates. Portfolio manager subscription can help you track your investment on real time. Other than above features, they have online knowledge center, blogs, customer service number and email support.
Sushil Finance empowers you with ODIN trading platform, IPO & Mutual Fund investment, portfolio management services, SIP and so on for successful investment and trading comforts.
Not transparent in brokerage charges and other fees.
Here we are comparing Sushil Finance with its 5 close competitors on investment options.
| Broker | Sushil Finance | Sharekhan | 5paisa | Zerodha | SAMCO |
| Equity Trading Type | Yes | Yes | Yes | Yes | Yes |
| Currency Trading | Yes | Yes | Yes | Yes | Yes |
| Commodity Trading | Yes | Yes | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes | Yes | No |
| MF SIP | Yes | Yes | Yes | Yes | No |
| ETF Investment | Yes | Yes | Yes | Yes | Yes |
| Banking | No | No | No | No | No |
| Insurance | Yes | Yes | Yes | No | No |
»» Trading Account Opening Charges: Free
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 400 PA
Sushil Finance claims to have competitive brokerage rates but they want you to approach them personally for any brokerage related queries. The Broker serves their clients personally as they have sub-brokers office available across the country. They don't want to disclose their brokerage online, they want to serve each customer as different as per their financial needs and their brokerage are negotiable. Calling or personally visiting them may help here.
For complete brokerage charges and trading plans detail please visit Sushil Finance Brokerage Charges.
Here we are comparing Sushil Finance with its 5 close competitors, who are currently market leader in brokerage industry.
| Broker | Sushil Finance | Sharekhan | 5paisa | Zerodha | SAMCO |
| Service Type | Full Service Broker | Full Service Broker | Discount Broker | Discount Broker | Discount Broker |
| Brokerage Range | .01 to .03 | 0.1 to 0.5% | Rs 20 | Rs 20 | Rs 20 |
| Account Type | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 |
| Equity Delivery | 0.3% or 30 paisa | 0.5% or 50 paisa | Flat Fee Rs 20 | Free | 0.2% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 20 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 20 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 50 Per Lot | 2.5% of Premium or Rs 250 per lot whichever is high | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Commodity | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.03% or 3 paisa | 0.1% or 10 paisa | Flat Fee Rs 20 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Currency Options | Rs 30 Per Lot | 2.5% of Premium or Rs 30 per lot whichever is high | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Rating |
Please refer unique and accurate Sushil Finance Brokerage Calculator
Sushil Finance is providing multiple trading terminals to its clients. Depend on the comfort, user can choose specific trading terminals.
Desktop base trading platform: Power Trade is an "exe" based desktop trading software for dynamic traders who transact regularly with confidence through online trading account. Key features of Power Trade are:
Swift Trade or www.savashare.in - This is a power-packed online trading platform, which provides you with live streaming quotes (sensex movements) and research calls, and integrated fund transfer system along with multiple watch list facility.
Key features are:
Savashare App (Mobile Trading)–Trade on the go by using Sushil Finance’s mobile app called Savashare app. Get lightning speed trading experience, single sign in for trading in Cash/Derivatives/Commodities/Currency. LIVE Research calls on trading platform. With this app you can get valuable market insights, secured and real time quotes and ability to execute orders from the palm of your hand. You can track your portfolio, get stock quotes, create multiple personalized market watch and much more. Savashare App is optimized for Android, Blackberry and iOS.
For detail review of mobile app and download please visit Sushil Finance Trading Platform Review.
Here we are comparing Sushil Finance with its 5 close competitors on Trading Platform.
| Broker | Sushil Finance | Sharekhan | 5paisa | Zerodha | SAMCO |
| Desktop Windows | Yes | Yes | Yes | Yes | Yes |
| Desktop Mac | No | No | No | No | No |
| Web Trading | Yes | Yes | Yes | Yes | Yes |
| Android Tablet App | Yes | Yes | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes | Yes | Yes |
| iPhone App (iOS Mobile App) | Yes | Yes | Yes | Yes | No |
| iPad App | Yes | Yes | Yes | Yes | No |
| Mobile Site | No | Yes | Yes | Yes | Yes |
With more than 30 years of history, Sushil Finance is emerged as one of India's foremost equity research and broking houses with its offering of full access to all the asset class and in-depth research.
The thing where the broker can work on is to be transparent in terms of brokerage and other charges which is a prerequisite for anybody to know beforehand.
If you like what you have read and want to start trading, leave your contact information with us and we will guide you.
Last updated on 2019-07-18
Ratings:
Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average