Zerodha Vs Sharkhan: It can ruin your Funds

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.

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.

Account Opening Charges
  • Demat & trading account opening charges – Rs. 200
  • Commodity account opening charges – Rs. 100
  • Annual maintenance charges – Rs. 300 per year

Zerodha Brokerage Charges

  • Equity Delivery- zero brokerage
  • Equity Intraday- 0.03% or Rs 20 per executed order whichever is lower
  • Equity Futures- 0.03% or Rs 20 per executed order whichever is lower
  • Equity Options-  flat Rs 20 per executed order
Zerodha Trading Platforms
  • Zerodha Kite App  – Best complete trading solution for investors and traders online on Mobile/Laptop/Desktop.
  • Zerodha Coin – Zerodha Coin is India’s largest direct mutual fund platform that lets you buy direct mutual funds online with no commission passback, directly from asset management companies. Your mutual funds, stocks, currencies, bonds, and more, all in your Demat account.

Advantages of account opening with Zerodha

  • Equity delivery is free hence no brokerage on delivery.
  • No minimum cap of brokerage per transaction.
  • Maximum brokerage charge capped to Rs. 20  pertaining to the volume of transactions.

#2. Sharekhan Demat Account Analysis

Sharekhan Demat Account Analysis

Sharekhan is also old for more than 2 decades which was established in the year 2000 and now it is the 3rd largest stock brokerage house in the country.

The Sharekhan Demat Account offers a lot of facilities for the clients and the traders, in order to help them trade seamlessly.  This share broker has a vast network of more than 550 cities in India.

In this article, we will let you know about the various advantage and features of the Demat account offered by Sharekhan which is a full-service broker.

Account Opening Charges
  • Demat & trading account opening charges – 0
  • Margin Money – 0
  • Annual Maintenance charges – Free (Rs.400/-  from the 2nd year onward)

Share Khan  Brokerage Charges

  • Equity Delivery- 0.50%
  • Equity Intraday- 0.10%
  • Equity Futures- 0.10%
  • Equity Options-  Rs.50/- Per lot
Share Khan Platform

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile.

Advantages of account opening with Share Khan

  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from the Sharekhan trading account.
  • The ‘TradeTiger’ is the most popular trading terminal in India.
  • Brokerage Plan “Prepaid AMC schemes” are available for high-volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, IPO financing, and ESOP funding are available.

Disadvantages

  • Sharekhan doesn’t offer 3-in-1 accounts as it doesn’t offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for a trading account.

Zerodha Vs Sharekhan: Quick Comparision

OverviewZerodhaSharekhan

Broker Type

Discount BrokerFull-Service Broker
Depository Source CDSLNSDL & CDSL
Account Opening ChargesRs.300Zero
Demat AMC ChargesRs.300 per AnnumFree or Rs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroZero
Offline to OnlineNoYes

Sharekhan vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaSharekhan
Equity Delivery TradingFree0.50%
Equity Intraday TradingRs.20 Per Order0.10%
Commodity Options TradingRs.20 Per Order0.10%
Equity Futures TradingRs.20 Per Order0.10%
Equity Options TradingRs.20 Per OrderRs.100 per Lot or 2.5% on Premium (Takes higher amount)
Currency Futures TradingRs.20 Per Order0.10%
Currency Options TradingRs.20 Per OrderRs.30 per Lot or 2.5% on Premium (Takes higher amount)
Minimum BrokerageZeroRs.20
Demat AMC ChargesRs.300 per AnnumFree or Rs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroZero
Brokerage CalculatorZerodha Brokerage CalculatorSharekhan Brokerage Calculator

Conclusion

If we want to invest in market we always looking for a great and simple interface which can be easily accessible and here we can differentiate both of them:-

  1. Experience: Zerodha is new to the market, it was started in 2014 while sharekhan had a experience of more than a decade.
  2. Account opening: The main thing that will tell you the diffrence about both is the service and account opening is their custoner care, zerodha have modern caller they know the new tricks and pitching skills while the old companies, they have but they are like the normal shopkeepers. And the most important you can have your complete account opening in a very short time in zerodha than other.
  3. Interface: There is lot of difference between sharekhan and zerodha because zerodha have a very simple interface and more advanced interface.
  4. Brokerage: Zerodha have only 20rs per trade or 0.001% whichever is lower upto 1 crore while rest companies have high rates.
  5. Money transfer: Zerodha have a instant money uploading system while the sharekhan doesn’t have that.

Now its upto you choose wisely, and i don’t have any hard feelings about anyone nor i work for anyone. I am just experienced with both.

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