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Market Wolf vs Sharekhan (Compare Market Wolf and Sharekhan)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Market Wolf vs Sharekhan, Below comparison of Market Wolf vs Sharekhan highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Market Wolf vs Sharekhan is given below:

Market Wolf

Sharekhan

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	Market Wolf	Sharekhan

About The Brokers	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> more	Sharekhan : "Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> more
Find More Information about the Broker :	Market Wolf : OVERVIEW BROKERAGE	Sharekhan : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Market Wolf : Discount Broker	Sharekhan : Full Service Broker
Promo/offers	Market Wolf : N/A	Sharekhan : N/A
Advantage	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.	Sharekhan : Free call and trade facility. Huge Branch & Partner network User-friendly website and easy to use trading platform Registered with both the exchanges - BSE and NSE. Provides you with the opportunity of commodity trading. The fixed deposit can be used as collateral for future and option trading. Sharekhan doesn't charge for DP transactions. Sharekhan offers online and classroom training, seminars and workshops to investors. No charges for Online funds transfer . Provides services of dedicated Relationship Managers.
Disadvantage	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.	Sharekhan : Offer only 2-in-1 account. Shraekhan charges comparatively high brokerage. Minimum brokerage of 10 paisa is being charged per stock basis. Trading after market hours is not allowed. Classic account holders cannot trade commodities.
Why This	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.	Sharekhan : Pan India Presence over 170 branches & 2300+ Franchise partners. DP transaction facility is available without any cost. Sharekhan allows fixed deposit as collateral for Future & Options. At Sherkhan you can Trade through call & trade service. Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O
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Market Wolf vs Sharekhan Account Opening & AMC Charges

Market Wolf Trading Account Opening Fee is ₹0 (Free) and Sharekhan Trading Account Opening Fee is Rs 0 (Free) . Market Wolf Demat Account AMC is ₹0 (Free) and Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) .

	Market Wolf	Sharekhan
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 400 (Free for 1st year)
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Market Wolf vs Sharekhan Brokerage Charges

Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) . Sharekhan Brokerage Charges Equity Delivery is 0.30% on market rate or minimum 1 paisa per share and Equity Intraday is 0.02% on market rate or minimum 1 paisa per share and Equity Options is Rs 20 per lot .

	Market Wolf	Sharekhan
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Classic Account	Plan Name : Sharekhan Prepaid
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : 0.30% on market rate or minimum 1 paisa per share	Equity Delivery : 0.10%
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : 0.02% on market rate or minimum 1 paisa per share	Equity Intraday : 0.015%
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : 0.02% per transaction value	Equity Future : 0.015%
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : Rs 20 per lot	Equity Options : 0.05% or Rs 63 per lot
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : 0.02% per transaction value	Currency Futures : -
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Options : Rs 5 per lot	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : Rs 1,00,000 per year
Margin Trading	Margin Trading : NA	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : 0.02%	Commodity Futures : -
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : Rs 20 per lot	Commodity Options : -
	Open Account	Open Account

Market Wolf vs Sharekhan Exchange Transaction Charges

Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . Sharekhan Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) (on premium) .

	Market Wolf	Sharekhan
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE Rs 5050 per Cr (0.0505%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)	Currency Futures : NSE Rs 95 per Cr (0.00095%)
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : NSE Rs 3700 per Cr (0.037%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : Futures: 0.0026% (MCX) \| Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05%
	Open Account	Open Account

Market Wolf vs Sharekhan Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share and Call & Trade is Rs 20 .

	Market Wolf	Sharekhan
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share
Call & Trade	Call & Trade : NA	Call & Trade : Rs 20
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : Rs 0
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -
	Open Account	Open Account

Market Wolf vs Sharekhan Features

Market Wolf and Sharekhan both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Market Wolf	Sharekhan
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : TradeTiger, Sharekhan Mobile
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : Yes
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Market Wolf vs Sharekhan Demat Account Charges

A comparative table of various demat account charges between Market Wolf and Sharekhan is below:

	Market Wolf	Sharekhan
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : Actual Stamp Paper Charges
Advance Deposit	Advance Deposit : ₹0	Advance Deposit : Rs. 500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
AMC	AMC : ₹0 (Free)	AMC : Scheme A: Rs 400, Scheme B: Rs 500, Scheme C: Rs 350, Scheme D: Nil, Scheme E: Rs 100, Scheme F: Rs 500, Scheme H: Rs 1000, Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000) Scheme A, C, E & H: Free for the 1st Year.
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 5 per share certificate (minimum â‚¹ 50 per request)
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 50 per certificate or Rs 50 for every hundred securities
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30), Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30), Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49), Scheme F: 0.03% of value of tran(min Rs 30), Scheme G: 0.03% of value of tran(min Rs 49)
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min Rs 100 per transaction)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Nil
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	Other Charges : Freeze /De-freeze - Rs 25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100) Client Master changes Rs 30 per request for Tariff G
	Open Account	Open Account

Market Wolf vs Sharekhan Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 665129 and Total Number of Branches is 2800 .

	Market Wolf	Sharekhan
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : CDSL	Demat Services : Yes
Website	Website : https://marketwolf.com/	Website : http://www.sharekhan.com
Contact Details	Contact Details : +91 8591308916	Contact Details : 022-61150000
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 665,129
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : 2800
Products *	Products : Equity, Commodity, Currency, IPO	Products : Investment banking, institutional broking
	Open Account	Open Account

Market Wolf vs Sharekhan Orders

Orders

	Market Wolf	Sharekhan
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Market Wolf vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	Sharekhan
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

Market Wolf vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	Sharekhan
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.50,000
	Open Account	Open Account

Market Wolf vs Sharekhan Product & Services

Market Wolf and Sharekhan both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Market Wolf	Sharekhan
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : Yes
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : NSE ONLY	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : No	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
	Open Account	Open Account

Market Wolf vs Sharekhan Customer Services

Market Wolf and Sharekhan both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Market Wolf	Sharekhan
Toll Free Number *	Toll Free Number : No	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : Info Not Available	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : Yes
24/7 Support *	24/7 Support : Yes	24/7 Support : No
	Open Account	Open Account

Market Wolf vs Sharekhan Other Investement

Market Wolf and Sharekhan both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Market Wolf	Sharekhan
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : No	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Market Wolf vs Sharekhan Trading Platform

Market Wolf and Sharekhan both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Market Wolf	Sharekhan
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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	Open Account	Open Account