Zerodha Vs Sharekhan: It can ruin your Funds

best demat account in india

Here we present a side-by-side comparison of Zerodha vs Sharekhan Demat account openers in India. The comparison is based on more than 100+ attributes for clear decision-making. 

To be precise, we have compared Zerodha vs Sharekhan’s on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India.

This will help you make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

#1. Zerodha Demat & Trading Account Analysis

Zerodha is one of the best demat account opener in India. It is the largest and trusted discount broker with a user base of more than 32 Lakh. 

The main cause for Zerodha’s success is its customer support which is better than while comparing to all other discount brokers.

Zerodha charges are lower with a brokerage fee of 0.03% or Rs. 20 per executed order whichever is lower(for the intraday day only and Free Equity Delivery).  

In this way, Investors can save up to 90% brokerage as compared to other full-service stockbrokers.

Moreover,  it is easy to trade on the Zerodha trading platforms for better technical analysis with Zerodha.

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Best Demat Accounts In India 2021

Angel Broking Demat Account

There are a large number of  Demat Account Providers in India. As and when the thought of opening the Demat account comes to our mind, we get confused that with which company we should open the Demat account. 

This situation faces each and every individual on a preliminary basis as he does not know the complete portfolio of charges and services on the buys and sells of shares.

About 3 years, I had also passed with this type of situation and after a lengthy analysis about brokerages, services, and other features, opened the account with ZERODHA, however, your choices may be different. Moreover, I had no knowledge of stock investing at that time.

In this aritle titled Best Demat account India, I had prepared a list of the top 12 best Demat account in India with the lowest brokerages and other charges such as AMC(Annual Maintenance Charges).

Best Demat Account in India for the year 2021

Sr N.Best Demat A/c CompaniesDEMAT ACCOUNT OPENING CHARGESDEMAT AMCDP CHARGESTRADING ACCOUNT OPENING CHARGES
1.WISDOM CAPITALFREERs.0.00(ULTIMATE PLAN)Rs. 15FREE
2.ICICI DIRECTRs. 975(FREE FIRST YEAR)Rs. 5.50FREE
3.ANGEL BROKINGRs. 250Rs. 450Rs. 21FREE
4.KOTAK SECURITIESNILRs. 6000.04%Rs. 750
5.HDFC SECURITIESNILRs. 7500.04%Rs. 750
6.ZERODHARs. 100Rs. 300Rs. 13.5Rs. 200
7.SHAREKHANNILRs. 750Rs. 16NIL
8.UPSTOXRs. 150Rs. 150Rs. 15Rs. 150
9.5 PAISANILRs. 400Rs. 25Rs. 650

For the last 3-4 years, many companies have started offering Demat and trading services at flat rates by adding smart features – waiving off account opening fees for the first year including offering some other discounts on the investment amount.

For Example, if you buy stocks worth Rs.1.00 Lacs then you would have to pay approx.  Rs.300/-+ taxes to Edelweiss but if you invest this same amount to Zerodha, Upstox, and 5 Paisa then you have to pay zero charges + govt fees + taxes.

Each and every broker keeps some advantages and disadvantages. If the investor is conversant with the share market’s daily activities and knows very well in which stocks he should invest the money then he must go with a discounted broker, as discounted brokers always focus on improving their trading platform.

On the other hand, if the investor does not know in which stocks he should invest money then he may opt for full-service brokers, as full-service brokers focus on improving customer services and daily equity tips.

Here, I would like to share my experience that whether discount broking customer service may not be good but you can save a lot of money in brokerage charges.

#1. Zerodha Demat & Trading Account Analysis

best demat account in india

Zerodha is one of the best demat account opener in India. It is the largest and trusted discount broker with a user base of more than 32 Lakh. 

The main cause for Zerodha’s success is its customer support which is better than while comparing to all other discount brokers.

Zerodha charges are lower with a brokerage fee of 0.03% or Rs. 20 per executed order whichever is lower(for the intraday day only and Free Equity Delivery). Get a detailed comparison between Zerodha and Sharekhan now.

In this way, Investors can save up to 90% brokerage as compared to other full-service stockbrokers.

Moreover,  it is easy to trade on the Zerodha trading platforms for better technical analysis with Zerodha.

Continue Reading...