Compare Sharekhan
Sharekhan
Tradesmartonline
Tradesmartonline

Background

Year of Incorporation 2000 1994 as VNS Finance & Capital
Website http://www.sharekhan.com http://www.tradesmartonline.in
Phone 022-61150000 022-42878000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 87.5 Crores Rs 4 Lakhs
Profit after Tax FY12/13 Rs 107 Crores Rs 17 Lakhs
Profit after Tax FY13/14 Rs 9.05 crores Rs 23 Lakhs
Profit after Tax FY 14/15 Rs 13 Crores Rs 1.2 Crores
Profit after Tax FY 15/16 Rs 130 Crores
Profit after Tax FY 16/17 Rs 84.7 Crores  
Debt FY11/12 Rs 335.1 Crores   Rs 8.7 Lakhs
Debt FY12/13 Rs 335.1 Crores   Rs 6 Lakhs
Debt FY13/14 0 Rs 3.05 Crores
Debt FY14/15 0 Rs 4.4 Crores
Debt FY15/16 Rs 335.1 Crores
Debt FY 16/17 Rs 335.1 Crores  
Profit to Equity(%) FY11/12 19.86 0.99
Profit to Equity(%) FY12/13 16.04 2.63
Profit to Equity(%) FY13/14 17 3.54
Profit to Equity(%) FY14/15 19 19
Profit to Equity(%) FY15/16 13.8
Profit to Equity(%) FY16/17 8  
Balance Sheet Size FY11/12 Rs 1689 Crores Rs 9.26 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 9.28 Crores
Balance Sheet Size FY13/14 Rs 1303 Crores Rs 22.35 Crores
Balance Sheet Size FY14/15 Rs 1559 Crores Rs 36 Crores
Balance Sheet Size FY15/16 Rs 2161 Crores
Balance Sheet Size FY16/17 Rs 2476.3 Crores  
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 2,74,777 4,223
Active clients - 2014 3,42,592 7,542
Active clients - 2015 3,35,843 9,644
Active clients - 2016 3,50,509 10,944
Active clients - 2017 4,93,533  
Active clients Rating


Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover
Equity Futures 0.03% of Turnover - Negotiable Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover
Equity Options Rs 50/lot - Negotiable Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover
Currency Futures 0.03% of Turnover- Negotiable Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover
Currency Options Rs 20/lot- Negotiable Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover
Commodity 0.03% of Turnover- Negotiable NA
Brokerage Rating


Account Opening Costs

Trading only NA Rs 400
Trading & Demat Rs 500 which will be adjusted with brokerage Rs 400
Commodity Nil NA
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.0035% of Turnover
Futures 0.0021% of Turnover 0.0024% of Turnover
Options 0.055% of Premium Turnover 0.0715% of Premium Turnover  
Commodities 0.0027% of Turnover NA
AMC charge Rs 400/year Rs 300/yr
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs 15/debit instruction
Offline order placing Charge Nil Rs 20/executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 30 Days 5 days on NOW
End of Day 10 Years 10 years on NOW
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged) Upto 5 times for intraday, 0 for delivery
Equity Futures Upto 2 times for Intraday Upto 2 times for intraday
Equity Options No Leverage No Margin
Currency Futures No Leverage Upto 2 times for intraday
Currency Options No Leverage No Margin
Commodity Upto 2 times for Intraday NA
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review