Sharekhan vs Zerodha – Compare Charges, Trading Features, Offers & more

Find a Comparison of Sharekhan vs Zerodha 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 Zerodha.

Background

Year of Incorporation 2000 2010
Website https://www.sharekhan.com/ https://zerodha.com
Phone 022-41523200 080-4718-1888
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerage

Equity 0.03% for Intraday Rs 0 on Delivery & Rs 20 on Intraday
Equity Futures 0.03% of Turnover Rs 20 or 0.03% (whichever is lower) per executed order
Equity Options Rs 20 per lot Rs 20 per order
Currency Futures 0.02% per Transaction Value Rs 20 or 0.03% (whichever is lower) per executed order
Currency Options Rs 5 per lot Rs 20 per order
Commodity Rs 20 per lot Rs 20 per order
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 400 Free
Commodity Rs 0 Free
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% on Turnover
Futures 0.0021% of Turnover 0.0021% on Contract Turnover
Options 0.055% of Premium Turnover 0.053% on Premium Turnover
Commodities 0.0027% of Turnover 0.0031% on Contract turnover
AMC charge Rs 400 per year Rs 300/year
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs 13 per debit instruction
Offline order placing Charge Not Available Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 30 Days 365 days on Zerodha Pi
End of Day 10 years 10 years on Zerodha Pi
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x for Intraday & Upto 3x for Delivery 20x intraday
Equity Futures Upto 2x for Intraday Upto 7x intraday leverage
Equity Options Upto 1x Buying no leverage, Shorting upto 7x leverage intrdaday
Currency Futures No Leverage 2x intraday leverage
Currency Options No Leverage Buying no leverage, Shorting upto 2x intraday leverage
Commodity Upto 2x for Intraday 2.5x intraday leverage
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 150.4 Crores
Profit after Tax FY12/13 Rs 107 Crores Rs 175.8 Crores
Profit after Tax FY13/14 Rs 128.90 Crore Rs 214.27 Crores
Profit after Tax FY 14/15 Rs 168.52 Crore Rs 365.58 Crores
Profit after Tax FY 15/16 Rs 161.82 Crore Rs 440.99 Crores
Profit after Tax FY 16/17 Rs 121.89 Crore Rs 511.02 Crores
Profit after Tax FY 17/18 Rs 113.87 Crore Rs 645.36 Crores
Profit after Tax FY 18/19 Rs 161.48 Crore Rs 815.75 Crores
Profit after Tax FY 19/20 Rs 111.55 Crore Rs 599.98 Crores
Profit after Tax FY 20/21 Rs 131.23 Crore Rs 622.13 Crores
Profit after Tax FY 21/22 Rs 174.09 Crore Rs 1,122.38 Crores
Profit after Tax FY 22/23 Rs 205.86 Crore Rs 2,094.87 Crores
Debt FY11/12 Rs 335.1 Crores 0
Debt FY12/13 Rs 335.1 Crores 0
Debt FY13/14 Rs 486.64 Crores 0
Debt FY14/15 Rs 481.20 Crores Rs 4.45 Crores
Debt FY15/16 Rs 376.69 Crores Rs 4.88 Crores
Debt FY16/17 Rs 364.87 Crores Rs 5.22 Crores
Debt FY17/18 Rs 547.71 Crores Rs 5.68 Crores
Debt FY18/19 Rs 434.84 Crores Rs 6.25 Crores
Debt FY19/20 Rs 565.48 Crores Rs 5.87 Crores
Debt FY20/21 Rs 455.09 Crores Rs 6.11 Crores
Debt FY21/22 Rs 453.87 Crores Rs 6.47 Crores
Debt FY22/23 Rs 593.90 Crores Rs 6.98 Crores
Profit to Equity(%) FY11/12 19.86% 19%
Profit to Equity(%) FY12/13 16.04% 24%
Profit to Equity(%) FY13/14 22.13% 21%
Profit to Equity(%) FY14/15 30.06% 21%
Profit to Equity(%) FY15/16 31.43% 23%
Profit to Equity(%) FY16/17 28.83% 26%
Profit to Equity(%) FY17/18 30.54% 28%
Profit to Equity(%) FY18/19 31.45% 29%
Profit to Equity(%) FY19/20 35.79% 33%
Profit to Equity(%) FY20/21 27.35% 28%
Profit to Equity(%) FY21/22 29.13 29%
Profit to Equity(%) FY22/23 26.92% 29%
Balance Sheet Size FY11/12 Rs 1589 Crores Rs 1225.4 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 1864.5 Crores
Balance Sheet Size FY13/14 Rs 1715.00 Crores Rs 2511.1 Crores
Balance Sheet Size FY14/15 Rs 1791.65 Crores Rs 5288.18 Crores
Balance Sheet Size FY15/16 Rs 2036.15 Crores Rs 6512.98 Crores
Balance Sheet Size FY16/17 Rs 2700.50 Crores Rs 8459.44 Crores
Balance Sheet Size FY17/18 Rs 2747.23 Crores Rs 9,114.87 Crores
Balance Sheet Size FY18/19 Rs 2939.18 Crores Rs 9,816.55 Crores
Balance Sheet Size FY19/20 Rs 3076.57 Crores Rs 10,719.22 Crores
Balance Sheet Size FY20/21 Rs 3456.08 Crores Rs 11,920.63 Crores
Balance Sheet Size FY21/22 Rs 3765.11 Crores Rs 12,721.16 Crores
Balance Sheet Size FY22/23 Rs 3953.01 Crores Rs 15,322.10 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, Sharekhan or Zerodha?

Sharekhan Securities and Zerodha are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Sharekhan and Zerodha offer mobile trading apps?

Yes, both Sharekhan Securities and Zerodha provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Zerodha and Sharekhan?

The account opening charges by brokers Sharekhan and Zerodha for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Sharekhan and Zerodha are SEBI-registered brokers with good reputations. Sharekhan is known for its trading platforms, while Zerodha is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Sharekhan and Zerodha offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.