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Firstock vs Sharekhan (Compare Firstock 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 Firstock vs Sharekhan, Below comparison of Firstock 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 Firstock vs Sharekhan is given below:

Firstock

Sharekhan

Open Account

	Firstock	Sharekhan

About The Brokers

Firstock :

Incorporated in 2021, Firstock Broking Pvt. Ltd is a tech-driven discount broking platform offering seamless investing in Stocks, F&O, ETFs, SGBs, G-Secs, and Stock SIPs. Enjoy free deliver >>> 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 :

Firstock :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Sharekhan :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

Firstock :

Discount Broker

Sharekhan :

Full Service Broker

Promo/offers

Firstock :

N/A

Sharekhan :

N/A

Advantage

Firstock :

✔ What Firstock Does Well

✓	₹0 delivery brokerage
✓	₹0 AMC lifetime + ₹0 account opening
✓	₹0 pledge charges — rare benefit for margin traders
✓	₹0 payment gateway — add funds without any charge
✓	₹0 direct MF investment charges
✓	Free API for algo trading
✓	TradingView-integrated charts across web & desktop
✓	GTT orders, basket orders, strategy builder
✓	NRI accounts (NRE + NRO, PIS + non-PIS)
✓	MF, IPO, G-Secs, Sovereign Gold Bonds, ETFs — wide product range
✓	Desktop .exe + web + mobile triple platform

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

Firstock :

✘ Where Firstock Falls Short

✗	Very new brand (Firstock since June 2025) — limited public track record and review data
✗	Small user base (25,000+ active) — less stress-tested infrastructure vs major brokers
✗	No commodity trading (MCX)
✗	Call & Trade: ₹50+GST per order — high for a smaller broker
✗	Auto square-off: ₹50+GST per order
✗	DDPI charge: ₹100+GST one-time
✗	Login delay issues reported during heavy market sessions
✗	Bangalore-only head office; no physical branch presence
✗	F&O brokerage ₹20 is standard, not a differentiator

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

Firstock :

They offer a wide range of services, including Equity (Stocks), Futures & Options (F&O), ETFs (Exchange Traded Funds), Sovereign Gold Bonds (SGBs), Government Securities (G-Secs), and Stock SIPs.
You can access trading through their feature-rich mobile app, web platform, and desktop Exe, catering to all types of traders.
You can unlock additional margin instantly using existing holdings, allowing you to maximize your trading capacity without selling assets.
Get instant trade updates, market alerts, and notifications, helping you stay on top of market movements and act swiftly.
Analyze company performance with interactive charts and detailed financial reports, helping you make well-informed, research-backed investment decisions.
The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
They offer a Discount Plan with brokerage charges as low as Rs 20 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

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

Open Account

Firstock vs Sharekhan Account Opening & AMC Charges

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

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

Firstock vs Sharekhan Brokerage Charges

Firstock Brokerage Charges 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 .

	Firstock	Sharekhan
Plan Name	Plan Name : Standard Plan	Plan Name : Classic Account	Plan Name : Sharekhan Prepaid
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : 0.30% on market rate or minimum 1 paisa per share	Equity Delivery : 0.10%
Equity Intraday	Equity Intraday : ₹20 per executed order	Equity Intraday : 0.02% on market rate or minimum 1 paisa per share	Equity Intraday : 0.015%
Equity Future	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : 0.02% per transaction value	Equity Future : 0.015%
Equity Options	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : Rs 20 per lot	Equity Options : 0.05% or Rs 63 per lot
Currency Futures	Currency Futures : -	Currency Futures : 0.02% per transaction value	Currency Futures : -
Currency Options	Currency Options : -	Currency Options : Rs 5 per lot	Currency Options : -
Monthly Fee	Monthly Fee : -	Monthly Fee : -	Monthly Fee : Rs 1,00,000 per year
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : -	Commodity Futures : 0.02%	Commodity Futures : -
Commodity Options	Commodity Options : -	Commodity Options : Rs 20 per lot	Commodity Options : -
	Open Account	Open Account

Firstock vs Sharekhan Exchange Transaction Charges

Firstock Exchange Transaction Charges Equity Future is ₹20 per order, 0.03% or whichever is lower and Equity Options is ₹20 per order, 0.03% or whichever is lower . 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) .

	Firstock	Sharekhan
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : Rs 20 per executed order	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : NSE Rs 5050 per Cr (0.0505%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 95 per Cr (0.00095%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 3700 per Cr (0.037%) (on premium)
Commodity	Commodity : -	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

Firstock vs Sharekhan Other Charges

Firstock and Call & Trade is ₹50 . 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 .

	Firstock	Sharekhan
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share
Call & Trade	Call & Trade : ₹50	Call & Trade : Rs 20
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%	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

Firstock vs Sharekhan Features

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

	Firstock	Sharekhan
Trading Platform	Trading Platform : Trade & Invest: Mobile App, Desktop Exe, Web	Trading Platform : TradeTiger, Sharekhan Mobile
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	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 : -	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Firstock vs Sharekhan Demat Account Charges

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

	Firstock	Sharekhan
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : Actual Stamp Paper Charges
Advance Deposit	Advance Deposit : -	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	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 : ₹150 (per certificate)	Dematerialisation Charges : Rs 5 per share certificate (minimum â‚¹ 50 per request)
Rematerialisation Charges	Rematerialisation Charges : ₹150 (per certificate)	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) : Sell-Rs.8-+ Rs.5.50/- + GST (CDSL Charges)	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

Firstock vs Sharekhan Basic Details

Firstock Year of Incorporation is 2021 and and . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 533563 and Total Number of Branches is 2800 .

	Firstock	Sharekhan
Year of Incorporation	Year of Incorporation : 2021	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : CDSL, NSDL	Demat Services : Yes
Website	Website : https://www.firstock.in/	Website : http://www.sharekhan.com
Contact Details	Contact Details : 080 4670 2050	Contact Details : 022-61150000
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 533,563
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 2800
Products *	Products : Equity, F&O, ETFs, SGBs	Products : Investment banking, institutional broking
	Open Account	Open Account

Firstock vs Sharekhan Orders

Orders

	Firstock	Sharekhan
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	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) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Firstock vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Firstock	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 : Yes	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

Firstock vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Firstock	Sharekhan
Availability for franchisee / AP	Availability for franchisee / AP : No	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : No	Investment required for Franchisee / AP : Rs.50,000
	Open Account	Open Account

Firstock vs Sharekhan Product & Services

Firstock 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:

	Firstock	Sharekhan
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	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 : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	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 : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	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 : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No
	Open Account	Open Account

Firstock vs Sharekhan Customer Services

Firstock 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:

	Firstock	Sharekhan
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : Yes	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 : No	24/7 Support : No
	Open Account	Open Account

Firstock vs Sharekhan Other Investement

Firstock 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:

	Firstock	Sharekhan
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	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

Firstock vs Sharekhan Trading Platform

Firstock 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:

	Firstock	Sharekhan
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	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 : -	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account