Sharekhan Vs TradePlusOnline : Side By Side Comparison

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

Sharekhan is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

Whereas TradePlus falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. They also offer recommendations unlike other discount brokers..

There are lot of differences between these two brokers.

 

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 Sharekhan Vs TradePlusOnline:

Parameters

Sharekhan

TradePlusOnline

sharekhan-Logo
fyers-securities-Logo
Review
Type of Broker
Full Service Broker
Discount Broker
Incorporation Year
2000
1995
Supported Exchanges
NSE, BSE, NCD-EX, MCX and NSEL
NSE, BSE and MCX

Account Related Charges

Trading Account Opening Fees
Rs 750
Rs 199
Trading Account AMC
Rs 0
Rs 499 (For 5 Years)
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 400
Rs 0

Brokerage Charges

Equity Delivery Brokerage
0.5%
0.1%
Equity Intraday Brokerage
0.1%
0.01%
Equity Futures Brokerage
0.1%
Rs 799/month for unlimited trading
Equity Options Brokerage
Rs 100/lot
Rs 99/month for unlimited trading
Currency Futures Trading Brokerage
0.1%
Rs 99/month for unlimited trading
Currency Options Trading Brokerage
Rs 30/lot
Rs 99/month for unlimited trading
Commodity Trading Brokerage
0.1%
Rs 99/month for unlimited trading
Minimum Brokerage Charges
Rs 16 per Scrip
NIL
Monthly Unlimited Plans
Brokerage Calculator
Sharekhan Brokerage Calculator
Tradeplus online Brokerage Calculator

Transaction Charges

Equity Delivery
0.00325%
0.00330%
Equity Intraday
0.00325%
0.00330%
Equity Futures
0.00190%
0.00350%
Equity Options
0.0500% (On Premium)
0.075% (On Premium)
Currency Futures
0.00135%
0.00165%
Currency Options
0.04220% (On Premium)
0.060% (On Premium)
Commodity
0.00230% ( Non Agri) & 0.00095% ( Agri)
0.004%

Exposure

Equity
Upto 10 times Intraday and 5 times Delivery
Upto 4 times for Delivery
Equity Futures
Upto 2 times Intraday
upto 5 times
Equity Options
No Leverage
upto 2 times
Currency Futures
No Leverage
upto 2 times
Currency Options
No Leverage
No Leverage
Commodities
Upto 2 times intraday
Upto 2 times

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
Trade Tiger, Sharekhan Mobile App and Sharekhan Mini
NEST on Web, Infini Trader, Tradeplus Mobile

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
  • Zero Account Opening Charges
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 Sharekhan with other Brokers:

Sharekhan in comparison with other Stock Brokers

Sharekhan vs FYERS
Sharekhan vs HDFC Securities
Sharekhan vs Kotak Securities

Point By Point Comparison of TradePlusOnline with other Brokers:

TradePlusOnline in comparison with other Stock Brokers


 

Summary
Review Date
Reviewed Item
Sharekhan vs Tradeplusonline
Author Rating
51star1star1star1star1star

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