Sharekhan vs Goodwill Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of Sharekhan vs Goodwill Wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Sharekhan and Goodwill Wealth.

Background

Year of Incorporation 2000 2008
Website https://www.sharekhan.com/ https://www.gwcindia.in/
Phone 022-41523200 044 4032 9999
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerage

Equity 0.03% for Intraday 0.33% on Delivery & 0.03% on Intraday
Equity Futures 0.03% of Turnover 0.03% per Executed Order
Equity Options Rs 20 per lot Rs 30 per lot
Currency Futures 0.02% per Transaction Value 0.03% per executed order
Currency Options Rs 5 per lot Rs 30 per lot
Commodity Rs 20 per lot Rs 30 per lot
Account Opening Costs

Trading only Free Rs. 200
Trading & Demat Rs 400 Rs. 200
Commodity Rs 0 Rs. 200
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% (NSE) & 0.00375% (BSE)
Futures 0.0021% of Turnover 0.0019% (NSE & BSE)
Options 0.055% of Premium Turnover 0.05% (on premium)
Commodities 0.0027% of Turnover 0.00436% of Turnover
AMC charge Rs 400 per year Rs.350 per Year
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs 30 per Scrip
Offline order placing Charge Not Available Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 30 Days 7 Days
End of Day 10 years 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Upto 2x for Delivery & Upto 5x for Intraday
Equity Futures Upto 2x for Intraday Upto 2x
Equity Options Upto 1x Upto 5x
Currency Futures No Leverage Upto 2x
Currency Options No Leverage Upto 3x
Commodity Upto 2x for Intraday Upto 5x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 87.5 Crores Rs 10.67 Lakhs
Profit after Tax FY12/13 Rs 107 Crores Rs 10.71 Lakhs
Profit after Tax FY13/14 Rs 128.90 Crore Rs 13.38 Lakhs
Profit after Tax FY 14/15 Rs 168.52 Crore Rs 15.82 Lakhs
Profit after Tax FY 15/16 Rs 161.82 Crore Rs 22.88 Lakhs
Profit after Tax FY 16/17 Rs 121.89 Crore Rs 30.17 Lakhs
Profit after Tax FY 17/18 Rs 113.87 Crore Rs 32.22 Lakhs
Profit after Tax FY 18/19 Rs 191.48 Crore Rs 39.36 Lakhs
Profit after Tax FY 19/20 Rs 111.55 Crore Rs 38.00 Lakhs
Profit after Tax FY 20/21 Rs 131.23 Crore Rs 45.85 Lakhs
Profit after Tax FY 21/22 Rs 174.09 Crore Rs 50.41 Lakhs
Profit after Tax FY 22/23 Rs 205.86 Crore Rs 53.66 Lakhs
Debt FY11/12 Rs 335.1 Crores Rs 12.27 Lakhs
Debt FY12/13 Rs 335.1 Crores Rs 16.53 Lakhs
Debt FY13/14 Rs 486.64 Crores Rs 16.32 Lakhs
Debt FY14/15 Rs 481.20 Crores Rs 18.71 Lakhs
Debt FY15/16 Rs 376.69 Crores Rs 12.87 Lakhs
Debt FY16/17 Rs 364.87 Crores Rs 19.81 Lakhs
Debt FY17/18 Rs 547.71 Crores Rs 11.07 Lakhs
Debt FY18/19 Rs 434.84 Crores Rs 17.64 Lakhs
Debt FY19/20 Rs 565.48 Crores Rs 19.66 Lakhs
Debt FY20/21 Rs 455.09 Crores Rs 12.46 Lakhs
Debt FY21/22 Rs 453.87 Crores Rs 14.41 Lakhs
Debt FY22/23 Rs 593.90 Crores Rs 16.35 Lakhs
Profit to Equity(%) FY11/12 19.86 11.13%
Profit to Equity(%) FY12/13 16.04 13.28%
Profit to Equity(%) FY13/14 Rs 22.13 Lakh 14.33%
Profit to Equity(%) FY14/15 Rs 30.06 14.42%
Profit to Equity(%) FY15/16 Rs 31.43 18.15%
Profit to Equity(%) FY16/17 Rs 28.83 17.74%
Profit to Equity(%) FY17/18 Rs 30.54 17.53%
Profit to Equity(%) FY18/19 Rs 31.45 18.68%
Profit to Equity(%) FY19/20 Rs 35.79 18.09%
Profit to Equity(%) FY20/21 Rs 47.35 19.37%
Profit to Equity(%) FY21/22 Rs 39.13 20.81%
Profit to Equity(%) FY22/23 Rs 56.92 21.97%
Balance Sheet Size FY11/12 Rs 1689 Crores Rs 2094.36 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 2718.97 Crores
Balance Sheet Size FY13/14 Rs 1715.00 Crores Rs 3054.10 Crores
Balance Sheet Size FY14/15 Rs 2747.23 Crores Rs 3146.81 Crores
Balance Sheet Size FY15/16 Rs 2700.50 Crores Rs 3373.32 Crores
Balance Sheet Size FY16/17 Rs 2036.15 Crores Rs 3594.45 Crores
Balance Sheet Size FY17/18 Rs 1791.65 Crores Rs 3875.20 Crore
Balance Sheet Size FY18/19 Rs 3039.18 Crores Rs 4280.67 Lakh
Balance Sheet Size FY19/20 Rs 2876.57 Crores Rs 4503.50 Crores
Balance Sheet Size FY20/21 Rs 1756.08 Crores Rs 4314.17 Crores
Balance Sheet Size FY21/22 Rs 1965.11 Crores Rs 5287.38 Crores
Balance Sheet Size FY22/23 Rs 2853.01 Crores Rs 5821.90 Crores

Comparison Link:

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Frequently Asked Questions

Is Sharekhan better than Goodwill Wealth ?

Sharekhan and Goodwill Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Goodwill Wealth better than Sharekhan ?

Sharekhan and Goodwill Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Sharekhan cheaper than Goodwill Wealth ?

Sharekhan and Goodwill Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Goodwill Wealth cheaper than Sharekhan ?

Sharekhan and Goodwill Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Sharekhan vs. Goodwill Wealth ?

To find out the better of the two stockbrokers Sharekhan and Goodwill Wealth, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.