Trading Bells vs Sharekhan Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
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
Trading Bells vs Sharekhan Account Opening Charges: 2024
| Charge | Trading Bells | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹0 |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹400 (Free for 1st year with trading account) |
Trading Bells vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Trading Bells | Sharekhan |
|---|---|---|
| Plan Name | N/A | Classic Account |
| Equity Delivery | ₹ 0 | 0.50% |
| Equity Intraday | ₹ 20 per executed order | 0.10% |
| Equity Futures | ₹ 20 per executed order | 0.10% |
| Equity Options | ₹ 20 per executed order | ₹50 per lot |
| Currency Futures | ₹ 20 per executed order | 0.10% |
| Currency Options | ₹ 20 per executed order | ₹30 per lot |
| Commodity Options | ₹ 20 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Trading Bells vs Sharekhan Margin / Exposure: 2024
| Segment | Trading Bells | Sharekhan |
|---|---|---|
| Equity Delivery | 1x | Upto 5x |
| Equity Intraday | Up to 10x for Most Scrips | Upto 10x |
| Equity Future | Intraday: 3x | Carry: 1x | 2x |
| Equity Options | 1x | Nil |
| Currency Future | Intraday: 3x | Carry: 1x | Nil |
| Currency Options | Intraday: 3x | Carry: 1x | Nil |
| Commodity Future | Intraday: 3x | Carry: 1x | Upto 2x |
| Commodity Options | N/A | N/A |