IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Flattrade VS Sharekhan)

 

Flattrade Vs Sharekhan

Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Flattrade Vs Sharekhan - Broker Details

Flattrade Sharekhan
Single Margin Facility
Year of Incorporation 2004 2000
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX.
Branches 5 160+
Brokerage Rs.20 per executed order 0.10%
Broker Type Discount Broker Discount Broker
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Account Opening & AMC Charges

Flattrade Sharekhan
Trading Account Opening Charge Rs.0 (Free) Rs.0 (Free)
Demat Account Opening Charge Rs.0 (Free) Rs.0 (Free)
Demat Account AMC Rs.0 (Free) Rs.400 (Free for 1st year)
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Brokerage charges & Plans

Flattrade Sharekhan
Commodity Futures ₹10 per executed order 0.03%
Currency Futures ₹10 per executed order 0.10%
Equity Delivery Nil 0.50%
Equity Options ₹10 per executed order Rs.50 per lot
Commodity Options ₹10 per executed order 0.03%
Equity Futures ₹10 per executed order 0.10%
Currency Options ₹10 per executed order Rs.30 per lot
Fixed Charges ₹10 per executed order Rs.1,00,000 per year
Equity Intraday ₹10 per executed order 0.10%
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Other Charges

Flattrade Sharekhan
RMS Square Off Charge - -
API Charges Does not provide API TradeTiger API at no extra cost.
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.0 (free)
Other Brokerage Charges Rs.20 per executed order Rs.1,00,000 per year
Minimum Brokerage Rs.20 per executed order 0.10%
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Transaction Charges

Flattrade Sharekhan
Currency Options NSE: 0.035% BSE: 0.001% NSE ₹4220 per Cr (0.04220%)| MCX ₹3220 per Cr (0.03220%) (on premium)
Equity Futures 0.0020% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side)
Equity Options 0.053% (On prem) NSE ₹5000 per Cr (0.05%)| BSE ₹50 per Cr (0.0005%) (on premium)
Commodity 0.0026%; 0.0013% (FAR MONTH CONTRACT) MCX (Non Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
Currency Futures NSE: 0.0009% BSE: 0.00022% NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
Equity Delivery 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side)
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Margin (Exposure)

Flattrade Sharekhan
Equity Options 1 time (SPAN + Exposure)
Equity Intraday Up to 20X Up to 10 times
Currency Options NA
Commodity Options NA
Commodity Futures Up to 4 times Up to 2 times for Intraday
Equity Delivery 1x (no margin) Up to 5 times with 24% interest per year
Currency Futures NA
Equity Futures Up to 4 times 2 time for Intraday
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Features

Flattrade Sharekhan
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Review & Rating

Flattrade Sharekhan
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Request a call back from Broker

Flattrade Sharekhan
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Investment Options

Flattrade Sharekhan
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Order Type

Flattrade Sharekhan
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Research & Report

Flattrade Sharekhan
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Daily Market Report

Flattrade Sharekhan
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Suitable For Investor

Flattrade Sharekhan
Casual Investor
Active Investor
Trader
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Pros & Cons

Flattrade Sharekhan
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility.
Cons 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3. It charges a minimum brokerage fee of 10 paisa per stock and would not allow you to trade in stocks below ₹20. 4. The customers who hold Classic account are unable to trade in Commodities.
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Background

Flattrade Sharekhan
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Compare All Brokers

Flattrade Sharekhan
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Account Opening & AMC Charges

Flattrade
Sharekhan
Trading Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account AMC
Rs.0 (Free)
Rs.400 (Free for 1st year)
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Flattrade Vs Sharekhan

Flattrade Sharekhan
 

Flattrade Trading NRI Account Review

Flattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account.

+ " Vs "+ Sharekhan

Sharekhan NRI Account Opening, Charges, Services Review

Sharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. It provides services to all kinds of customers ..
 
 

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Flattrade Vs Sharekhan - Brokerage charges & Plans

Flattrade Sharekhan
Commodity Futures ₹10 per executed order 0.03%
Currency Futures ₹10 per executed order 0.10%
Equity Delivery Nil 0.50%
Equity Options ₹10 per executed order Rs.50 per lot
Commodity Options ₹10 per executed order 0.03%
Equity Futures ₹10 per executed order 0.10%
Currency Options ₹10 per executed order Rs.30 per lot
Fixed Charges ₹10 per executed order Rs.1,00,000 per year
Equity Intraday ₹10 per executed order 0.10%
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Margin (Exposure)

Flattrade Sharekhan
Equity Options 1 time (SPAN + Exposure)
Equity Intraday Up to 20X Up to 10 times
Currency Options NA
Commodity Options NA
Commodity Futures Up to 4 times Up to 2 times for Intraday
Equity Delivery 1x (no margin) Up to 5 times with 24% interest per year
Currency Futures NA
Equity Futures Up to 4 times 2 time for Intraday
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Other Charges

Flattrade Sharekhan
RMS Square Off Charge - -
API Charges Does not provide API TradeTiger API at no extra cost.
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.0 (free)
Other Brokerage Charges Rs.20 per executed order Rs.1,00,000 per year
Minimum Brokerage Rs.20 per executed order 0.10%
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account

Flattrade Vs Sharekhan - Features

Flattrade Sharekhan
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Flattrade   Open Account Enquiry with Sharekhan   Open Account