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: 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
| Charge | Sharekhan | Zerodha |
|---|---|---|
| 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
| Charge | Sharekhan | Zerodha |
|---|---|---|
| Plan Name | Classic Account | Flat Brokerage Plan |
| Equity Delivery | 0.50% | ₹0 (Free) |
| Equity Intraday | 0.10% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | 0.10% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹50 per lot | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | 0.10% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹30 per lot | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | 0.03% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Sharekhan vs Zerodha Margin / Exposure: 2024
| Segment | Sharekhan | Zerodha |
|---|---|---|
| Equity Delivery | Upto 5x | 1x (no margin) |
| Equity Intraday | Upto 10x | Up to 20x (based on the stock) |
| Equity Future | 2x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Nil | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | Nil | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Nil | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | Upto 2x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | N/A | N/A |