Sharekhan vs Zerodha Comparison: 2024

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

About Zerodha

Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. Zerodha demat and trading account Review.webp

Zerodha: Overview

Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be

Sharekhan vs Zerodha Account Opening Charges: 2024

ChargeSharekhanZerodha
Demat Account Opening Charges₹0₹0 (Free)
Trading Acc Opening Charges₹0₹200 (Equity) + Rs.100 (Commodity)
Trading Account AMC₹0₹0 (Free)
Demat Account AMC₹400 (Free for 1st year with trading account)₹300 per year

Sharekhan vs Zerodha Brokerage Charges and Plans : 2024

ChargeSharekhanZerodha
Plan NameClassic AccountFlat Brokerage Plan
Equity Delivery0.50%₹0 (Free)
Equity Intraday0.10%Flat ₹20 or 0.03% (whichever is lower) per executed order
Equity Futures0.10%Flat ₹20 or 0.03% (whichever is lower) per executed order
Equity Options₹50 per lotFlat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover)
Currency Futures0.10%Flat ₹20 or 0.03% (whichever is lower) per executed order
Currency Options₹30 per lotFlat ₹20 or 0.03% (whichever is lower) per executed order
Commodity Options0.03%Flat ₹20 or 0.03% (whichever is lower) per executed order
Mutual FundN/A₹0 (Free Unlimited Direct MF)

Sharekhan vs Zerodha Margin / Exposure: 2024

SegmentSharekhanZerodha
Equity DeliveryUpto 5x1x (no margin)
Equity IntradayUpto 10xUp to 20x (based on the stock)
Equity Future2xIntraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity OptionsNilIntraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency FutureNilIntraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency OptionsNilIntraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity FutureUpto 2xIntraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity OptionsN/AN/A

Sharekhan vs Zerodha Currency Charges and Plans: 2024

Sharekhan charge 0.10% for Currency Futures and ₹30 per lot for Currency Options whereas Zerodha Charges Flat ₹20 or 0.03% (whichever is lower) per executed order for Currency futures and Flat ₹20 or 0.03% (whichever is lower) per executed order for Currency options.

Sharekhan vs Zerodha Commodity Charges and Plans: 2024

Sharekhan charge 0.03% for commodity and Zerodha charge Flat ₹20 or 0.03% (whichever is lower) per executed order for commodity.
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I was just going through some stock broker reviews. So, I thought of sharing my opinion, A side by side Comparison of two popular stock brokers: Sharekhan vs. Zerodha.

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