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

Find a Comparison of Zerodha vs Sharekhan 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 Zerodha and Sharekhan.

Background

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

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

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

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

Equity 0.00325% on Turnover 0.00325% of Turnover
Futures 0.0021% on Contract Turnover 0.0021% of Turnover
Options 0.053% on Premium Turnover 0.055% of Premium Turnover
Commodities 0.0031% on Contract turnover 0.0027% of Turnover
AMC charge Rs 300/year Rs 400 per year
DP Transaction Charge Rs 13 per debit instruction Rs 30 or 0.03% whichever is higher
Offline order placing Charge Rs 20 per executed order Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 20x intraday Upto 10x
Equity Futures Upto 7x intraday leverage Upto 2x for Intraday
Equity Options Buying no leverage, Shorting upto 7x leverage intrdaday Upto 1x
Currency Futures 2x intraday leverage No Leverage
Currency Options Buying no leverage, Shorting upto 2x intraday leverage No Leverage
Commodity 2.5x intraday leverage Upto 2x for Intraday
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 2.4 Crores Rs 87.5 Crores
Profit after Tax FY12/13 Rs 5.8 Crores Rs 107 Crores
Profit after Tax FY13/14 Rs 10.27 Crores Rs 128.90 Crore
Profit after Tax FY 14/15 Rs 10.58 Crores Rs 168.52 Crore
Profit after Tax FY 15/16 Rs 10.99 Crores Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 11.02 Crores Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 11.36 Crores Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 11.75 Crores Rs 191.48 Crore
Profit after Tax FY 19/20 Rs 11.98 Crores Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 12.13 Crores Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 12.38 Crores Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 12.87 Crores Rs 205.86 Crore
Debt FY11/12 0 Rs 335.1 Crores
Debt FY12/13 0 Rs 335.1 Crores
Debt FY13/14 0 Rs 486.64 Crores
Debt FY14/15 Rs 4.45 Crores Rs 481.20 Crores
Debt FY15/16 Rs 4.88 Crores Rs 376.69 Crores
Debt FY16/17 Rs 5.22 Crores Rs 364.87 Crores
Debt FY17/18 Rs 5.68 Crores Rs 547.71 Crores
Debt FY18/19 Rs 6.25 Crores Rs 434.84 Crores
Debt FY19/20 Rs 5.87 Crores Rs 565.48 Crores
Debt FY20/21 Rs 6.11 Crores Rs 455.09 Crores
Debt FY21/22 Rs 6.47 Crores Rs 453.87 Crores
Debt FY22/23 Rs 6.98 Crores Rs 593.90 Crores
Profit to Equity(%) FY11/12 19% 19.86
Profit to Equity(%) FY12/13 24% 16.04
Profit to Equity(%) FY13/14 21% Rs 22.13 Lakh
Profit to Equity(%) FY14/15 21% Rs 30.06
Profit to Equity(%) FY15/16 23% Rs 31.43
Profit to Equity(%) FY16/17 26% Rs 28.83
Profit to Equity(%) FY17/18 28% Rs 30.54
Profit to Equity(%) FY18/19 29% Rs 31.45
Profit to Equity(%) FY19/20 33% Rs 35.79
Profit to Equity(%) FY20/21 36% Rs 47.35
Profit to Equity(%) FY21/22 38% Rs 39.13
Profit to Equity(%) FY22/23 39% Rs 56.92
Balance Sheet Size FY11/12 Rs 25.4 Crores Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 64.5 Crores Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 111.1 Crores Rs 1715.00 Crores
Balance Sheet Size FY14/15 Rs 112.18 Crores Rs 2747.23 Crores
Balance Sheet Size FY15/16 Rs 112.98 Crores Rs 2700.50 Crores
Balance Sheet Size FY16/17 Rs 113.44 Crores Rs 2036.15 Crores
Balance Sheet Size FY17/18 Rs 114.87 Crores Rs 1791.65 Crores
Balance Sheet Size FY18/19 Rs 116.55 Crores Rs 3039.18 Crores
Balance Sheet Size FY19/20 Rs 119.22 Crores Rs 2876.57 Crores
Balance Sheet Size FY20/21 Rs 120.63 Crores Rs 1756.08 Crores
Balance Sheet Size FY21/22 Rs 121.16 Crores Rs 1965.11 Crores
Balance Sheet Size FY22/23 Rs 122.10 Crores Rs 2853.01 Crores

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Frequently Asked Questions

Is Zerodha better than Sharekhan ?

Zerodha and Sharekhan 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 better than Zerodha ?

Zerodha and Sharekhan 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 Zerodha cheaper than Sharekhan ?

Zerodha and Sharekhan 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 Sharekhan cheaper than Zerodha ?

Zerodha and Sharekhan 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 Zerodha vs. Sharekhan ?

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