Sharekhan Vs TradePlus
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.
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sharekhan Vs TradePlus - Broker Details
| Sharekhan | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1983 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE, MCX, and CDSL |
| Branches | 153+ | N/A |
| Brokerage | 0.03% | 0.025% on the Sell Side |
| Broker Type | Discount Broker | Discount Broker |
Sharekhan Vs TradePlus - Account Opening & AMC Charges
| Sharekhan | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
Sharekhan Vs TradePlus - Brokerage charges & Plans
| Sharekhan | TradePlus | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.03% per transaction value | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹60/ Lot | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.03% per transaction value | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹1,00,000/ Year | 0.01% |
| Equity Intraday | 0.03% per transaction value | 0.01% |
Sharekhan Vs TradePlus - Other Charges
| Sharekhan | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹1,00,000/ Year | 0.01% |
| Minimum Brokerage | 0.10% | 0.01% |
Sharekhan Vs TradePlus - Transaction Charges
| Sharekhan | TradePlus | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: NSE: 0.002% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.0505% | BSE:0.00375% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE: 0.00375% | BSE:0.00335% |
Sharekhan Vs TradePlus - Margin (Exposure)
| Sharekhan | TradePlus | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Sharekhan Vs TradePlus - Features
| Sharekhan | TradePlus | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Sharekhan Vs TradePlus - Review & Rating
| Sharekhan | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs TradePlus - Request a call back from Broker
| Sharekhan | TradePlus | |
|---|---|---|
Sharekhan Vs TradePlus - Investment Options
| Sharekhan | TradePlus | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Sharekhan Vs TradePlus - Order Type
| Sharekhan | TradePlus | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Sharekhan Vs TradePlus - Research & Report
| Sharekhan | TradePlus | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Sharekhan Vs TradePlus - Daily Market Report
| Sharekhan | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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Sharekhan Vs TradePlus - Suitable For Investor
| Sharekhan | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sharekhan Vs TradePlus - Pros & Cons
| Sharekhan | TradePlus | |
|---|---|---|
| Pros | 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. | 1. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| Cons | 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.The customers who hold Classic account are unable to trade in Commodities. | 1. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
Sharekhan Vs TradePlus - Background
| Sharekhan | TradePlus | |
|---|---|---|
Sharekhan Vs TradePlus - Compare All Brokers
| Sharekhan | TradePlus | |
|---|---|---|
Sharekhan Vs TradePlus - STT/CTT
| Sharekhan | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell Side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sharekhan Vs TradePlus - Demat transaction charges
| Sharekhan | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹50+ Gst per scrip only on sell |
Sharekhan Vs TradePlus - GST
| Sharekhan | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
Sharekhan Vs TradePlus - SEBI Charges
| Sharekhan | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs TradePlus - Account Opening & AMC Charges
Sharekhan
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹99* per month (This charge depends on the plan)
Sharekhan Vs TradePlus
| Sharekhan | TradePlus | |
|---|---|---|
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. + " Vs "+ TradePlus |
TradePlus Online Review 2024 |
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TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sharekhan Vs TradePlus - Brokerage charges & Plans
| Sharekhan | TradePlus | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.03% per transaction value | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 (Free) |
| Equity Options | ₹60/ Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹60/ Lot | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.03% per transaction value | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹1,00,000/ Year | 0.01% |
| Equity Intraday | 0.03% per transaction value | 0.01% |
| Call Back Open Account |
Sharekhan Vs TradePlus - Margin (Exposure)
| Sharekhan | TradePlus | |
|---|---|---|
| Equity Options | 1 time (SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Sharekhan Vs TradePlus - Other Charges
| Sharekhan | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹1,00,000/ Year | 0.01% |
| Minimum Brokerage | 0.10% | 0.01% |
Sharekhan Vs TradePlus - STT/CTT
| Sharekhan | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell Side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sharekhan Vs TradePlus - Demat transaction charges
| Sharekhan | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹50+ Gst per scrip only on sell |
Sharekhan Vs TradePlus - GST
| Sharekhan | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
Sharekhan Vs TradePlus - SEBI Charges
| Sharekhan | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs TradePlus - Features
| Sharekhan | TradePlus | |
|---|---|---|
| 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |