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Zerodha Vs Sharekhan: Which one is better?

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 63,92,902 where number of active customer for Zerodha is 6,94,334. 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

  • 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 Zerodha vs Sharekhan on Service

  Zerodha Compare
Zerodha
Sharekhan Compare
Sharekhan
Overall Rating Rated 4.5 stars Rated 4 stars
Brokerage Charges Rated 4.5 stars Rated 2.5 stars
Trading Platform Rated 4.5 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 5 stars
Customer Service Rated 4.5 stars Rated 4 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 6,94,334 63,92,902
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... Know more about Zerodha 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 ...Know more about Sharekhan
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

Compare Zerodha vs Sharekhan on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Zerodha with Sharekhan
Charges Zerodha Sharekhan
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA (Waived for first 3 year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs Sharekhan on Plan Options

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.

Compare Zerodha with Sharekhan on Plan Options
Plan Types Zerodha Sharekhan
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Sharekhan on Brokerage Charges

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 with Sharekhan
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
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare Zerodha vs Sharekhan on Transaction Charges

Compare Zerodha with Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Zerodha with Sharekhan
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
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Account Features

Compare Zerodha vs Sharekhan on Account Features

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 - Zerodha with Sharekhan
Account Features Compare Zerodha Sharekhan
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs Sharekhan on Trading Platform

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 with Sharekhan
Trading Platform Compare Zerodha Sharekhan
Desktop Trading Platform Kite By Zerodha TradeTiger
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Sharekhan
Mobile Trading App Demo Zerodha Kite Demo Sharekhan Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Sharekhan Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite Download iOS Sharekhan Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Zerodha vs Sharekhan on User Rating

  Zerodha Sharekhan
  159 Customer Reviews    Rate Zerodha 184 Customer Reviews    Rate Sharekhan
Fees Ratings 4.0 3.2
Trading Brokerage Rating 4.5 3.1
Trading Platform Usability 3.7 3.9
Customer Service Ratings 3.8 3.5
Overall Ratings Rated 3.9 stars Rated 3.6 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 159 customer reviews Sharekhan is Rated 3.6 / 5 based on 184 customer reviews
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Investment Offerings

Compare Zerodha vs Sharekhan on Investment Offerings

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

Compare Zerodha vs Sharekhan on Order Types

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

Compare Zerodha vs Sharekhan on Customer Service

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 Support - Compare Zerodha with Sharekhan
Customer Service Compare Zerodha Sharekhan
24/7 Customer Service Zerodha vs Sharekhan - 24x7 customer support No No
Email Support Zerodha vs Sharekhan - Email Support Yes Yes
Onine Live Chat Zerodha vs Sharekhan - Onine Live Chat No Yes
Phone Support Zerodha vs Sharekhan - Phone Support Yes Yes
Toll Free Number Zerodha vs Sharekhan - Toll Free Number No Yes
Through Branches Zerodha vs Sharekhan - Through Branches Yes Yes
Customer Care Number Zerodha vs Sharekhan - Customer Care Number "+ 91 80 4040 2020" 1800227500
Account Opening Process Zerodha vs Sharekhan - Account Opening Process Online/Paperless Offline
Customer Support Email Zerodha vs Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Sharekhan - Knowledge Center/Education https://zerodha.com/varsity/ https://www.sharekhan.com/help/hello
Head Office Address Zerodha vs Sharekhan - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Website Zerodha vs Sharekhan - Company Website https://zerodha.com/ https://www.sharekhan.com
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Tips/Research/Reports Published

Compare Zerodha vs Sharekhan on Research Reports, Tips

Compare Zerodha with Sharekhan on research reports and tips provided by the broker.

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

Compare Zerodha vs Sharekhan on Demat Account

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 Charges - Compare Zerodha with Sharekhan
  Zerodha Sharekhan
DP Source CDSL CDSL
DP ID Zerodha vs Sharekhan - DP ID 81600 36000
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
Pledge Invocation ₹20 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

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Sharekhan on Special Offers and Promotion

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

Compare Zerodha vs Sharekhan on Special Offers and Promotion
  Zerodha Sharekhan
Pay In and Pay Out Options Zerodha vs Sharekhan - 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 Zerodha vs Sharekhan - Payout Time Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Zerodha vs Sharekhan - 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
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes

Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;

  • 0 brokerage on delivery trades.
  • Max Rs. 20 brokerage on intraday and F&O trades.
  • Open Zerodha IDFC First 3-in-1 Account (Demat + Trading + IDFC First Bank).
  • Zero brokerage investment in direct mutual funds on Coin.
  • 100% online account opening and account closure facility.
  • Apply for IPO (Mainboard IPO and BSE SME & NSE SME IPO) online for Free.
  • Kite superfast and feature-rich web and app trading platform.
  • No upfront fee or commitment.
  • Zerodha Varsity, a free stock-market learning platform for beginners.
  • Zerodha offers NRI Trading services.
  • Free UPI-based hassle-free fund transfer process.
  • Advanced order placement facility; bracket order, cover order, and after-market order.
  • Zerodha GTT (Good Till Triggered) order feature.
  • Zero minimum deposit.
  • No hidden charges.
  • Zero-level Debt Company.

Detail Review...

  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

Dislikes

Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha

  • Zerodha doesn’t offer intraday trading tips, recommendations, research, or advisory facility.
  • High call & trade charges of Rs. 50 per executed order.
  • High auto square-off charges of Rs. 50 per executed order.
  • Lifetime Zero Demat AMC account is not available.
  • Zerodha does not provide Free Unlimited Monthly Brokerage Plan.
  • The 3-in-1 account opening facility is only available with IDFC First Bank.

Detail Review...

  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Direct mutual fund schemes are unavailable on the InstaMF platform.
  • Its fee structure is not transparent.

Detail Review...

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 2023-05-09T23:30:45+00:00