Sharekhan vs Zerodha
Comparison of charges, features, and platform quality. Both Sharekhan and Zerodha are popular choices, but they cater to slightly different types of investors. One is a low-cost discount broker, while the other offers premium full-service features.
Our Verdict
This is a comparison between a Discount Broker (Zerodha) and a Full-Service Broker (Sharekhan).
Choose Zerodha if:
- You want to save massively on brokerage fees.
- You don't need stock tips or a relationship manager.
Choose Sharekhan if:
- You are a beginner needing guidance & research reports.
- You prefer offline support or a relationship manager.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Full-Service / Hybrid | Discount |
| Account Opening | ₹0 (Free) | ₹200 |
| AMC (Yearly) | ₹400/year | ₹300/year |
| Equity Delivery | 0.3% or min 10p | ₹0 (Free) |
| Intraday Tradng | 0.03% | ₹20 or 0.03% |
| Active Clients | 20 Lakhs+ | 60 Lakhs+ |
| Rating | 4.2 | 4.8 |
| Best For | Investors, Beginners | Beginners, Investors, Options |
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Brokerage Charges Explained
Sharekhan Fees
For equity delivery, 0.3% or min 10p applies. If you trade Intraday, you pay 0.03% per order.
This makes it suitable for investors.
Zerodha Fees
For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% per order.
This makes it suitable for investors.
Trading Platform & App
SharekhanSharekhan's platform is known for being comprehensive. It is generally considered very easy to learn.
ZerodhaZerodha's platform focuses on research and data. Users find it extremely beginner friendly.
Choose Sharekhan if:
- You are looking for the best platform for Investors.
- You are looking for the best platform for Beginners.
- You prefer branch support features.
Choose Zerodha if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Investors.
- You are looking for the best platform for Options.
- You prefer #1 broker features.
Pros & Cons Comparison
Sharekhan
Advantages
- Strong local branch network
- Excellent training and seminars
- TradeTiger platform is powerful
Disadvantages
- High brokerage charges
- Old school interface
Zerodha
Advantages
- Zero brokerage on equity delivery
- Most reliable trading platform (Kite)
- No spam calls or pushy sales
Disadvantages
- No monthly unlimited brokerage plan
- Frequent tech glitches in volatile markets
- Customer support can be slow
