Indiabulls vs Sharekhan Comparison: 2024
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
About Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Indiabulls vs Sharekhan Account Opening Charges: 2024
| Charge | Indiabulls | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹500 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 | ₹400 (Free for 1st year with trading account) |
Indiabulls vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Indiabulls | Sharekhan |
|---|---|---|
| Plan Name | Equity Unlimited Trade Plan | Classic Account |
| Equity Delivery | ₹0 | 0.50% |
| Equity Intraday | ₹0 | 0.10% |
| Equity Futures | ₹15 per trade | 0.10% |
| Equity Options | ₹15 per trade | ₹50 per lot |
| Currency Futures | ₹15 per trade | 0.10% |
| Currency Options | ₹15 per trade | ₹30 per lot |
| Commodity Options | 0.03% | 0.03% |
| Mutual Fund | N/A | N/A |
Indiabulls vs Sharekhan Margin / Exposure: 2024
| Segment | Indiabulls | Sharekhan |
|---|---|---|
| Equity Delivery | 1x (No margin) | Upto 5x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Intra-day: 4x | Carry forward: 1x | 2x |
| Equity Options | Intra-day: 4x | Carry forward: 1x | Nil |
| Currency Future | Intra-day: 2x | Carry forward: 1x | Nil |
| Currency Options | Intra-day: 2x | Carry forward: 1x | Nil |
| Commodity Future | N/A | Upto 2x |
| Commodity Options | N/A | N/A |