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Sharekhan Vs HDFC Sky Vs Alice Blue: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker HDFC Sky and Alice Blue are a discount brokers where Sharekhan is a full service broker. Overall rating for Sharekhan is 4, HDFC Sky is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Sharekhan vs HDFC Sky vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Sharekhan vs HDFC Sky vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Sharekhan vs HDFC Sky vs Alice Blue in this setion with 360 degree view of broker information.

Compare Sharekhan vs HDFC Sky vs Alice Blue on Service

  Sharekhan Compare
Sharekhan
HDFC Sky Compare
HDFC Sky
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...Know more about HDFC Sky Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Sharekhan vs HDFC Sky vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs HDFC Sky vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs HDFC Sky vs Alice Blue
Charges Sharekhan HDFC Sky Alice Blue
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 240 PA (Free for 1st year) Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs HDFC Sky vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Sharekhan vs HDFC Sky vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan and Alice Blue offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Sharekhan vs HDFC Sky vs Alice Blue on Plan Options
Plan Types Sharekhan HDFC Sky Alice Blue
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs HDFC Sky vs Alice Blueon 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.

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Sharekhan vs HDFC Sky vs Alice Blue
Brokerage Charges Compare Sharekhan HDFC Sky Alice Blue
Plan Name Sharkehan Brokerage Plan Fixed pricing model F15 Plan
Equity Delivery 0.30% 0.1% or Rs 20 whichever is lower Free
Equity Intraday 0.02% 0.1% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures 0.02% 0.1% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.02% 0.1% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Rs 5 per lot Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage Rs 20 NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 12% interest PA Yes - 24% interest PA
Call & Trade Charges Free Rs 20 per call Rs 50 per order + GST
Auto Square off Charges Free 0.1% or Rs 20 whichever is lower Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for HDFC Sky Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Sharekhan vs HDFC Sky vs Alice Blue on Transaction Charges

Compare Sharekhan vs HDFC Sky vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan vs HDFC Sky vs Alice Blue
Transaction Charges Compare Sharekhan HDFC Sky Alice Blue
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for alice-blue
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Account Features

Compare Sharekhan vs HDFC Sky vs Alice Blue on Account Features

Compare Sharekhan vs HDFC Sky vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Sharekhan and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Sharekhan and HDFC Sky offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Sharekhan vs HDFC Sky vs Alice Blue
Account Features Compare Sharekhan HDFC Sky Alice Blue
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. Yes, Sharekhan have 3-in-1 accounts. Bank Account, Demat and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Sharekhan vs HDFC Sky vs Alice Blueon Trading Platform

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

Trading Platform - Compare Sharekhan vs HDFC Sky vs Alice Blue
Trading Platform Compare Sharekhan HDFC Sky Alice Blue
Desktop Trading Platform TradeTiger HDFC Sky ANT - Analyse and Trade
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

https://hdfcsky.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan HDFC Sky App ANT Mobile
Mobile Trading App Demo Sharekhan Demo HDFC Sky App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Sharekhan Download iOS HDFC Sky App Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Sharekhan vs HDFC Sky vs Alice Blue on User Rating

  Sharekhan HDFC Sky Alice Blue
  184 Customer Reviews    Rate Sharekhan 97 Customer Reviews    Rate HDFC Sky 8 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare Sharekhan vs HDFC Sky vs Alice Blue on Investment Offerings

Compare Sharekhan vs HDFC Sky vs Alice Blue 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Sharekhan offers PMS facility where HDFC Sky and Alice Blue doesn't offers PMS facility.

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

Compare Sharekhan vs HDFC Sky vs Alice Blue on Order Types

Order Type - Compare Sharekhan vs HDFC Sky vs Alice Blue on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After Market Orders (AMO) - Sharekhan and Alice Blue AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - Sharekhan and HDFC Sky offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

Order Types - Compare Sharekhan vs HDFC Sky vs Alice Blue
Order Type Compare Sharekhan HDFC Sky Alice Blue
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes No Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare Sharekhan vs HDFC Sky vs Alice Blue on Customer Service

Compare Sharekhan vs HDFC Sky vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Sharekhan vs HDFC Sky vs Alice Blue
Customer Service Compare Sharekhan HDFC Sky Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes Yes
Customer Care Number 1800227500 1800 121 2109 08035215000/080-45490850
Account Opening Process Offline Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://hdfcsky.com/learn https://tradeschool.aliceblueonline.com/
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.sharekhan.com https://hdfcsky.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Sharekhan vs HDFC Sky vs Alice Blue on Research Reports, Tips

Compare Sharekhan vs HDFC Sky vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Sharekhan vs HDFC Sky vs Alice Blue
  Sharekhan HDFC Sky Alice Blue
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes Yes
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare Sharekhan vs HDFC Sky vs Alice Blue on Demat Account

Compare Sharekhan vs HDFC Sky vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan vs HDFC Sky vs Alice Blue
  Sharekhan HDFC Sky Alice Blue
DP Source CDSL CDSL CDSL
DP ID 36000 CDSL: 1209 83500
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹750 pa ₹400 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Rs 0
Statutory charges Actual Stamp Paper Charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 0.04% (Min ₹20) + CDSL charges 0.04% of the value of the transaction
Demat ₹5 per certificate (Min 50 per request) ₹5 per certificate + ₹35 request charges ₹10 per certificate + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹30 ₹30 per certificate + CDSL charges
Pledge Creation 0.03% (Min ₹100) Nil ₹20 + CDSL charges
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40) Nil
Pledge Closure Nil Nil ₹20 + CDSL charges
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation Nil 0.04% of transaction value (Min ₹40) ₹20 + CDSL charges
Failed Instruction Charges Nil 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 Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs HDFC Sky vs Alice Blue on Special Offers and Promotion

Compare Sharekhan vs HDFC Sky vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs HDFC Sky vs Alice Blue on Special Offers and Promotion
  Sharekhan HDFC Sky Alice Blue
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
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Instant to HDFC Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available Info Not Available Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your HDFC bank account. Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo
Enquire for Sharekhan Enquire for HDFC Sky Enquire for Alice Blue

Last Updated on 2024-03-04T07:37:57+00:00