Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
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 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
Charge | Interactive Brokers | Sharekhan |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 | ₹400 (Free for 1st year with trading account) |
Charge | Interactive Brokers | Sharekhan |
---|---|---|
Plan Name | N/A | Classic Account |
Equity Delivery | Minimum ₹6 and Upto ₹20 per executed order | 0.50% |
Equity Intraday | Minimum ₹6 and Upto ₹20 per executed order | 0.10% |
Equity Futures | Minimum ₹6 and Upto ₹20 per executed order | 0.10% |
Equity Options | Minimum ₹6 and Upto ₹20 per executed order | ₹50 per lot |
Currency Futures | Minimum ₹6 and Upto ₹20 per executed order | 0.10% |
Currency Options | Minimum ₹6 and Upto ₹20 per executed order | ₹30 per lot |
Commodity Options | N/A | 0.03% |
Mutual Fund | N/A | N/A |
Segment | Interactive Brokers | Sharekhan |
---|---|---|
Equity Delivery | N/A | Upto 5x |
Equity Intraday | N/A | Upto 10x |
Equity Future | N/A | 2x |
Equity Options | N/A | Nil |
Currency Future | N/A | Nil |
Currency Options | N/A | Nil |
Commodity Future | N/A | Upto 2x |
Commodity Options | N/A | N/A |
Interactive Brokers | Sharekhan |
---|---|
No data |