Indiabulls Vs Sharekhan: Side By Side Comparison

In this page, I am providing side by side comparison of Indiabulls Vs Sharekhan.

Both Indiabulls and Sharekhan are full service broker hence provide many more services but the brokerage is also high. Both brokers offer recommendations tips to their clients.

But still there are lot of differences between these two brokers.

indiabulls-vs-sharekhan-1

 

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of Indiabulls Vs Sharekhan:

Parameters

Indiabulls

Sharekhan

Indibulls Logo
sharekhan-Logo
Review
Type of Broker
Full Service Broker
Full Service Broker
Incorporation Year
2000
2000
Supported Exchanges
NSE, BSE, MCX-SX , MCX and NCD-EX
NSE, BSE, NCD-EX, MCX and NSEL

Account Related Charges

Trading Account Opening Fees
Rs 750
Rs 750
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 450
Rs 400

Brokerage Charges

Equity Delivery Brokerage
0.3%
0.5%
Equity Intraday Brokerage
0.03%
0.1%
Equity Futures Brokerage
0.03%
0.1%
Equity Options Brokerage
Rs 100/lot
Rs 100/lot
Currency Futures Trading Brokerage
0.03%
0.1%
Currency Options Trading Brokerage
Rs 100/lot
Rs 30/lot
Commodity Trading Brokerage
0.03%
0.1%
Minimum Brokerage Charges
3 paisa per share
Rs 16 per Scrip
Monthly Unlimited Plans
Brokerage Calculator
Indiabulls Brokerage Calculator
Sharekhan Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0025%
0.00190%
Equity Options
0.055% (On Premium)
0.0500% (On Premium)
Currency Futures
0.0025%
0.00135%
Currency Options
0.055% (On Premium)
0.04220% (On Premium)
Commodity
0.003%
0.00230% ( Non Agri) & 0.00095% ( Agri)

Exposure

Equity
Upto 10 times Intraday and 3 times for Delivery
Upto 10 times Intraday and 5 times Delivery
Equity Futures
3 times for Intraday
Upto 2 times Intraday
Equity Options
No leverage
No Leverage
Currency Futures
Upto 3 times intraday
No Leverage
Currency Options
No leverage
No Leverage
Commodities
Upto 3 times intraday
Upto 2 times intraday

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
Power IndiaBulls, Online trading, Mobile Power Indiabulls
Trade Tiger, Sharekhan Mobile App and Sharekhan Mini

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • NIL
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Indiabulls with other Brokers:

Indiabulls in comparison with other Stock Brokers

Point By Point Comparison of Sharekhan with other Brokers:

Sharekhan in comparison with other Stock Brokers


You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page