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Sharekhan Vs Dhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Dhan ranges between Rs 20. Sharekhan is a Full Service Broker where Dhan is a Discount Broker. Sharekhan is having overall higher rating compare to Dhan. Sharekhan is rated 4 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Sharekhan is 6,50,277 where number of active customer for Dhan is 3,85,819. Sharekhan is serving more customer compare to Dhan.

Here we present side-by-side comparison of Sharekhan vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Sharekhan vs Dhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Sharekhan vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Sharekhan vs Dhan's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Sharekhan vs Dhan on Service

  Sharekhan Compare
Sharekhan
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 6,50,277 3,85,819
Broker Overview Sharekhan is part of the top 10 brokers in India serving 7.5 lakh+ active customers. Powerful Trade Tiger desktop trading terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated ... Know more about Sharekhan Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sharekhan vs Dhan on Trading & Demat Account Opening Charges

Comparison of Sharekhan with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Dhan
Charges Sharekhan Dhan
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Dhan on Plan Options

Plans are the most important feature you look when compare Sharekhan with Dhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provide Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Sharekhan with Dhan on Plan Options
Plan Types Sharekhan Dhan
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Dhan on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare Sharekhan with Dhan
Brokerage Charges Compare Sharekhan Dhan
Plan Name Sharkehan Brokerage Plan Dhan Brokerage Plan
Equity Delivery 0.30% Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20
Currency Futures 0.02% 0.03% or Rs 20 whichever is lower
Currency Options Rs 5 per lot Flat Fee Rs 20
Commodity Trading Rs 20 per lot Flat Fee Rs 20
Minimum Brokerage Rs 20 No
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free Rs 50 per order + GST
Auto Square off Charges Free Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare Sharekhan vs Dhan on Transaction Charges

Compare Sharekhan with Dhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan with Dhan
Transaction Charges Compare Sharekhan Dhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for dhan
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Account Features

Compare Sharekhan vs Dhan on Account Features

Compare Sharekhan with Dhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Sharekhan with Dhan
Account Features Compare Sharekhan Dhan
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and Dhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Sharekhan with Dhan
Trading Platform Compare Sharekhan Dhan
Desktop Trading Platform TradeTiger Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan Dhan App
Mobile Trading App Demo Sharekhan Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare Sharekhan vs Dhan on User Rating

  Sharekhan Dhan
  184 Customer Reviews    Rate Sharekhan 12 Customer Reviews    Rate Dhan
Fees Ratings 3.2 2.8
Trading Brokerage Rating 3.1 3.6
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.5 2.8
Overall Ratings 3.6 3.3
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Sharekhan vs Dhan on Investment Offerings

Compare Sharekhan with Dhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Sharekhan offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Dhan doesn't offer

Investment Offerings - Compare Sharekhan with Dhan
Investment Offerings Compare Sharekhan Dhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No Yes
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs Dhan on Order Types

Order Type - Compare Sharekhan with Dhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Sharekhan with Dhan
Order Type Compare Sharekhan Dhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Sharekhan vs Dhan on Customer Service

Compare Sharekhan with Dhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Sharekhan with Dhan
Customer Service Compare Sharekhan Dhan
24/7 Customer Service Sharekhan vs Dhan - 24x7 customer support No No
Email Support Sharekhan vs Dhan - Email Support Yes Yes
Onine Live Chat Sharekhan vs Dhan - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Dhan - Phone Support Yes Yes
Toll Free Number Sharekhan vs Dhan - Toll Free Number Yes No
Through Branches Sharekhan vs Dhan - Through Branches Yes No
Customer Care Number Sharekhan vs Dhan - Customer Care Number 1800227500 022-48906273
Account Opening Process Sharekhan vs Dhan - Account Opening Process Offline Zero
Customer Support Email Sharekhan vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Dhan - Knowledge Center/Education https://www.sharekhan.com/help/hello https://knowledge.dhan.co/support/home
Head Office Address Sharekhan vs Dhan - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Sharekhan vs Dhan - Company Website https://www.sharekhan.com https://dhan.co/
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Tips/Research/Reports Published

Compare Sharekhan vs Dhan on Research Reports, Tips

Compare Sharekhan with Dhan on research reports and tips provided by the broker.

Research Reports - Compare Sharekhan with Dhan
  Sharekhan Dhan
Research Mutual Funds Sharekhan vs Dhan - Research Mutual Funds Yes No
Research Equity Reports Sharekhan vs Dhan - Research Equity Reports Yes No
Research ETF Sharekhan vs Dhan - Research ETF Yes No
Daily Market Report Sharekhan vs Dhan - Daily Market Report Yes No
Free Tips Sharekhan vs Dhan - Free Tips Yes No
Quarterly Result Analysis Sharekhan vs Dhan - Quarterly Results Yes No
News Alerts Sharekhan vs Dhan - Yes No
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Demat Account

Compare Sharekhan vs Dhan on Demat Account

Compare Sharekhan with Dhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Dhan is Zero where for Sharekhan is ₹500 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) where for Dhan is ₹12.5 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with Dhan
  Sharekhan Dhan
DP Source CDSL CDSL
DP ID Sharekhan vs Dhan - DP ID 36000 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Zero
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹12.5 per transaction
Demat ₹5 per certificate (Min 50 per request) ₹250 per certificate + courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹250 per certificate + courier charges
Pledge Creation 0.03% (Min ₹100) ₹12.5 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹12.5 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Dhan on Special Offers and Promotion

Compare Sharekhan with Dhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Dhan on Special Offers and Promotion
  Sharekhan Dhan
Pay In and Pay Out Options Sharekhan vs Dhan - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Sharekhan vs Dhan - Payout Time Max 24 hrs except bank holidays Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Sharekhan vs Dhan - Bank Supported and Charges Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Direct mutual fund schemes are unavailable on the InstaMF platform.
  • Its fee structure is not transparent.

Detail Review...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

Special Offers/Promo
Enquiry Open Sharekhan Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-20T23:40:38+00:00