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Sharekhan vs Zerodha (Compare Sharekhan and Zerodha)

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 Sharekhan vs Zerodha, Below comparison of Sharekhan vs Zerodha 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 Sharekhan vs Zerodha is given below:

Sharekhan

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Zerodha

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	Sharekhan	Zerodha

About The Brokers

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

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more

Find More Information about the Broker :

Sharekhan :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Zerodha :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Type of Broker

Sharekhan :

Full Service Broker

Zerodha :

Discount Broker

Promo/offers

Sharekhan :

N/A

Zerodha :

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Advantage

Sharekhan :

✔ What Sharekhan Does Well

✓	4,200+ centres in 1,100+ cities — widest retail presence of any reviewed broker; includes international offices in Oman and UAE
✓	Dial-N-Trade FREE — phone order placement at no extra charge (ICICI Direct ₹50; Zerodha ₹50+GST)
✓	TradeTiger — India's most widely used desktop trading terminal; battle-tested over 20+ years
✓	Investiger app — research-driven portfolio management with stock picks and alerts
✓	Sharekhan Classrooms — free stock market education for beginners and advanced traders
✓	AMC free yr1; account opening free
✓	PMS available for HNI investors
✓	NRI accounts with Oman + UAE offices — true international presence

Zerodha :

✔ What Zerodha Does Well

✓ Zero brokerage on equity delivery

✓ ₹20 flat fee makes large F&O trades cheap

✓ Kite — best-designed Indian broker platform

✓ Varsity education — world-class and completely free

✓ Coin saves 1–1.5%/year vs regular MF plans

✓ Full pricing and outage transparency

✓ Zero-debt company — financially very stable

✓ GTT orders for hands-off long-term investing

✓ SEBI-regulated, CDSL custody — securities are safe

✓ Free IPO applications via UPI/ASBA

Disadvantage

Sharekhan :

✘ Where Sharekhan Falls Short

✗	Delivery 0.30% is expensive vs ₹0 at discount brokers
✗	AMC ₹400/year from yr2 — moderate but adds to cost
✗	No direct mutual funds — regular MF only; investors seeking direct plan cost savings must use another platform
✗	Prepaid plan pricing opaque — negotiated by volume; not clearly published
✗	Account closure: ₹150; reactivation: ₹100 — unusual fees among reviewed brokers
✗	Mobile app has mixed reviews post some updates (stability issues reported)

Zerodha :

✘ Where Zerodha Falls Short

No advisory, no stock tips, no research
Ticket-only support — no live chat
NRI account opening is offline only
DP charge ₹15.34/scrip surprises many investors
Call & Trade at ₹50/call is expensive
₹300/yr AMC — not zero like Groww/Finvasia
No 3-in-1 integrated banking account
No international trading
No margin funding for delivery purchases
the lack of free API for retail users

Why This

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

Zerodha :

Zerodha Charge flat rate of ₹20 per executed order.
Zerodha does not charge any brokerage on Equity delivery transactions.
Zerodha provides platform to invest in mutual funds.
Innovative trading platform.
No upfront fee, no minimum brokerage and no minimum contract charges.
The largest stockbroker by active clients, market volume.
Zero brokerage Direct Mutual Funds.
Offers up to 20x leverage on intraday trading.

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Sharekhan vs Zerodha Account Opening & AMC Charges

Sharekhan Trading Account Opening Fee is Rs 0 (Free) and Zerodha Trading Account Opening Fee is ₹0 Free . Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) and Zerodha Demat Account AMC is ₹300+GST = ₹354/yr .

	Sharekhan	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : ₹0 Free
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : ₹0 Free
Demat Account AMC	Demat Account AMC : Rs 400 (Free for 1st year)	Demat Account AMC : ₹300+GST = ₹354/yr
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : ₹0 Free
	Open Account	Open Account

Sharekhan vs Zerodha 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 . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Sharekhan		Zerodha
Plan Name	Plan Name : Classic Account	Plan Name : Sharekhan Prepaid	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.30% on market rate or minimum 1 paisa per share	Equity Delivery : 0.10%	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : 0.02% on market rate or minimum 1 paisa per share	Equity Intraday : 0.015%	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : 0.02% per transaction value	Equity Future : 0.015%	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : Rs 20 per lot	Equity Options : 0.05% or Rs 63 per lot	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : 0.02% per transaction value	Currency Futures : -	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : Rs 5 per lot	Currency Options : -	Currency Options : ₹ 20/executed order
Monthly Fee	Monthly Fee : -	Monthly Fee : Rs 1,00,000 per year	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : 0.3% or Rs. 20/executed order, whichever is lower
Commodity Futures	Commodity Futures : 0.02%	Commodity Futures : -	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : Rs 20 per lot	Commodity Options : -	Commodity Options : ₹ 20/executed order
	Open Account		Open Account

Sharekhan vs Zerodha Other Charges

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 . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is ₹50/order .

	Sharekhan	Zerodha
Minimum Brokerage	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : Rs 20	Call & Trade : ₹50/order
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side)	DP Charges (on sell side) : Rs 0	DP Charges (on sell side) : ₹15.34/scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
	Open Account	Open Account

Sharekhan vs Zerodha Features

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

	Sharekhan	Zerodha
Trading Platform	Trading Platform : TradeTiger, Sharekhan Mobile	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin
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 : Yes	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
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

Sharekhan vs Zerodha Demat Account Charges

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

	Sharekhan	Zerodha
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Actual Stamp Paper Charges	Account Opening Fee : Rs 50 (Stamp charges payable upfront)
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)	Advance Deposit : Rs 0
AMC	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.	AMC : ₹300/yr
Dematerialisation Charges	Dematerialisation Charges : Rs 5 per share certificate (minimum â‚¹ 50 per request)	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : Rs 50 per certificate or Rs 50 for every hundred securities	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
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)	Transaction Charges (debit) : Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min Rs 100 per transaction)	Pledge Creation Charges : Rs 30 per request + GST
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Rs 0
Pledge Invocation Charges	Pledge Invocation Charges : Nil	Pledge Invocation Charges : Rs 20
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Rs 50 per ISIN
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	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
	Open Account	Open Account

Sharekhan vs Zerodha Basic Details

Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 533563 and Total Number of Branches is 2800 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6862233 and Total Number of Branches is 22 .

	Sharekhan	Zerodha
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : http://www.sharekhan.com	Website : https://zerodha.com
Contact Details	Contact Details : 022-61150000	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 533,563	Total Number of Clients : 6,862,233
Total Number of Branches	Total Number of Branches : 2800	Total Number of Branches : 22
Products *	Products : Investment banking, institutional broking	Products : Kite Web, Kite Mobile for Android/iOS and Coin
Key USP *	Key USP : 4,200+ centres; TradeTiger; free Dial-N-Trade; Mirae Asset (Nov 2024)	Key USP : Pioneer discount broker; Kite platform; GTT; Coin direct MF; most trusted
Broker Type *	Broker Type : Full-Service	Broker Type : Discount
	Open Account	Open Account

Sharekhan vs Zerodha Orders

Orders

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

Sharekhan vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

Sharekhan vs Zerodha Product & Services

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

	Sharekhan	Zerodha
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : No
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 : No
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
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 : Yes	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

Sharekhan vs Zerodha Customer Services

Sharekhan and Zerodha 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:

	Sharekhan	Zerodha
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch / walk-in support *	Branch / walk-in support : Yes	Branch / walk-in support : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : Yes	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Sharekhan vs Zerodha Other Investement

Sharekhan and Zerodha 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:

	Sharekhan	Zerodha
Commodity Trading *	Commodity Trading : Yes	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 : Yes	Investment in Bonds : No
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

Sharekhan vs Zerodha Trading Platform

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

	Sharekhan	Zerodha
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 : Yes	I-Pad App : Yes
Algo trading platform / API *	Algo trading platform / API : Yes	Algo trading platform / API : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account