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
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | Sharekhan | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹400 (Free for 1st year with trading account) | ₹600 per year |
Charge | Sharekhan | Kotak Securities |
---|---|---|
Plan Name | Classic Account | Fixed Brokerage Plan |
Equity Delivery | 0.50% | 0.49% |
Equity Intraday | 0.10% | 0.049% (both side) |
Equity Futures | 0.10% | 0.049% (both side) |
Equity Options | ₹50 per lot | ₹300 per lot |
Currency Futures | 0.10% | N/A |
Currency Options | ₹30 per lot | N/A |
Commodity Options | 0.03% | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Sharekhan | Kotak Securities |
---|---|---|
Equity Delivery | Upto 5x | N/A |
Equity Intraday | Upto 10x | N/A |
Equity Future | 2x | N/A |
Equity Options | Nil | N/A |
Currency Future | Nil | N/A |
Currency Options | Nil | N/A |
Commodity Future | Upto 2x | N/A |
Commodity Options | N/A | N/A |