FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Sharekhan Vs Zerodha Vs AxisDirect: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Zerodha ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Sharekhan and AxisDirect are full service brokers where Zerodha is a discount broker. Overall rating for Sharekhan is 4, Zerodha is rated 4.5, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of Sharekhan vs Zerodha vs AxisDirect 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 Zerodha vs AxisDirect 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 Zerodha vs AxisDirect in this setion with 360 degree view of broker information.

Compare Sharekhan vs Zerodha vs AxisDirect on Service

  Sharekhan Compare
Sharekhan
Zerodha Compare
Zerodha
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Sharekhan vs Zerodha vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Zerodha vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan and Zerodha offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs Zerodha vs AxisDirect
Charges Sharekhan Zerodha AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 300 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Sharekhan vs Zerodha vs AxisDirect on Plan Options

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

Compare Sharekhan vs Zerodha vs AxisDirect on Plan Options
Plan Types Sharekhan Zerodha AxisDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Sharekhan Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Sharekhan vs Zerodha vs AxisDirecton 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Sharekhan vs Zerodha vs AxisDirect
Brokerage Charges Compare Sharekhan Zerodha AxisDirect
Plan Name Sharkehan Brokerage Plan Max Rs 20 per order Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% Free 0.50% (Each leg)
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Options Rs 20 per lot Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.02% 0.03% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Rs 5 per lot Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Rs 20 per lot Flat Fee Rs 20 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available Yes - 18% interest PA
Call & Trade Charges Free Rs 50 Per Executable Order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Free Rs 50 Per Executable Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Zerodha Brokerage Calculator for AxisDirect
Expand

Share Broker's Transaction Charges

Compare Sharekhan vs Zerodha vs AxisDirect on Transaction Charges

Compare Sharekhan vs Zerodha vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan vs Zerodha vs AxisDirect
Transaction Charges Compare Sharekhan Zerodha AxisDirect
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for zerodha Complete Brokerage Plans for axisdirect
Expand

Account Features

Compare Sharekhan vs Zerodha vs AxisDirect on Account Features

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

Account Features - Sharekhan vs Zerodha vs AxisDirect
Account Features Compare Sharekhan Zerodha AxisDirect
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. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:20 PM 2:45 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
Expand

Trading Platform

Compare Sharekhan vs Zerodha vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan vs Zerodha vs AxisDirect. 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 Zerodha vs AxisDirect
Trading Platform Compare Sharekhan Zerodha AxisDirect
Desktop Trading Platform TradeTiger NA Ring
Desktop Demo Desktop Demo Info Not Available Desktop Demo
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/

Zerodha Kite Web

https://login.axisdirect.in/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan Zerodha Kite App AxisDirect Ring Mobile App
Mobile Trading App Demo Sharekhan Demo Zerodha Kite App Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Sharekhan Download iOS Zerodha Kite App Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Zerodha Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for zerodha Detail on Trading Platforms for axisdirect

Expand

Broker Ratings by Users

Compare Sharekhan vs Zerodha vs AxisDirect on User Rating

  Sharekhan Zerodha AxisDirect
  184 Customer Reviews    Rate Sharekhan 160 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate AxisDirect
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
Expand

Investment Offerings

Compare Sharekhan vs Zerodha vs AxisDirect on Investment Offerings

Compare Sharekhan vs Zerodha vs AxisDirect 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 Zerodha and AxisDirect doesn't offers PMS facility.

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

Order Types

Compare Sharekhan vs Zerodha vs AxisDirect on Order Types

Order Type - Compare Sharekhan vs Zerodha vs AxisDirect 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) - Sharekhan provides Bracket Orders (BO) facility where Zerodha and AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Sharekhan vs Zerodha vs AxisDirect
Order Type Compare Sharekhan Zerodha AxisDirect
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
Expand

Customer Service Offered

Compare Sharekhan vs Zerodha vs AxisDirect on Customer Service

Compare Sharekhan vs Zerodha vs AxisDirect 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 Zerodha vs AxisDirect
Customer Service Compare Sharekhan Zerodha AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 1800227500 "+ 91 80 4040 2020" 022-61480808
Account Opening Process Offline Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://zerodha.com/varsity/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.sharekhan.com https://zerodha.com/ https://simplehai.axisdirect.in
Expand

Tips/Research/Reports Published

Compare Sharekhan vs Zerodha vs AxisDirect on Research Reports, Tips

Compare Sharekhan vs Zerodha vs AxisDirect on research reports and tips provided by broker.

Research Reports - Compare Sharekhan vs Zerodha vs AxisDirect
  Sharekhan Zerodha AxisDirect
Research Mutual Funds Yes No Yes
Research Equity Reports Yes No Yes
Research ETF Yes No Yes
Daily Market Report Yes No Yes
Free Tips Yes No Yes
Quarterly Result Analysis Yes No Yes
News Alerts Yes No Yes
Expand

Demat Account

Compare Sharekhan vs Zerodha vs AxisDirect on Demat Account

Compare Sharekhan vs Zerodha vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan vs Zerodha vs AxisDirect
  Sharekhan Zerodha AxisDirect
DP Source CDSL CDSL CDSL
DP ID 36000 81600 49200
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa ₹500 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) Nil Nil
Statutory charges Actual Stamp Paper Charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10
Demat ₹5 per certificate (Min 50 per request) ₹150 per certificate + ₹100 courier charges ₹3 per certificate
Remat ₹50 per certificate or ₹50 for every hundred securities ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.03% (Min ₹100) ₹20 + ₹12 CSDL charges ₹25
Pledge Creation Confirmation Nil Nil ₹25
Pledge Closure Nil ₹20 + ₹12 CSDL charges ₹25
Pledge Closure Confirmation Nil Nil ₹25
Pledge Invocation Nil ₹20 Nil
Failed Instruction Charges Nil ₹50 per instraction 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
Expand

Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Zerodha vs AxisDirect on Special Offers and Promotion

Compare Sharekhan vs Zerodha vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Zerodha vs AxisDirect on Special Offers and Promotion
  Sharekhan Zerodha AxisDirect
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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays Instant to Axis Bank.
Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). NA
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Direct from your Axis bank account.
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for Sharekhan Enquire for Zerodha Enquire for AxisDirect

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