Compare Sharekhan
Sharekhan
Zerodha
Zerodha

Background

Year of Incorporation 2000 2010
Website http://www.sharekhan.com http://www.zerodha.com
Phone 022-61150000 080-40402020
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL - ZERODHA SECURITIES PVT. LTD.
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 2.3 Crores
Profit after Tax FY12/13 Rs 107 Crores Rs 5.8 Crores
Profit after Tax FY13/14 Rs 9.05 crores Rs 10.27 Crores
Profit after Tax FY 14/15 Rs 13 Crores Rs 19.3 Crores
Profit after Tax FY 15/16
Debt FY11/12 Rs 335.1 Crores   0
Debt FY12/13 Rs 335.1 Crores   0
Debt FY13/14 0 0
Debt FY14/15 0 0
Debt FY15/16
Profit to Equity(%) FY11/12 19.86 152
Profit to Equity(%) FY12/13 16.04 244
Profit to Equity(%) FY13/14 17 147
Profit to Equity(%) FY14/15 19 120
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 Rs 1689 Crores Rs 25.4 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 64.5 Crores
Balance Sheet Size FY13/14 Rs 1303 Crores Rs 111.1 Crores
Balance Sheet Size FY14/15 Rs 1559 Crores Rs 198 Crores
Balance Sheet Size FY15/16
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. 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 17,523
Active clients - 2014 3,42,592 30,379
Active clients - 2015 3,35,843 61,970
Active clients - 2016 3,50,509 1,28,736
Active clients Rating


Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.03% of Turnover - Negotiable Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 50/lot - Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.03% of Turnover- Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 20/lot- Negotiable Rs 20/executed order or 0.01% whichever is lower
Commodity 0.03% of Turnover- Negotiable Rs 20/executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only NA Rs 300 if couriered & Rs 200 if you print the form
Trading & Demat Rs 500 which will be adjusted with brokerage Rs 200 if couriered & Rs 100 if you print the form
Commodity Nil Rs 300 if couriered & Rs 200 if you print the form
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 0.00325% on Turnover
Futures 0.0021% of Turnover 0.0021% on Contract Turnover
Options 0.055% of Premium Turnover 0.053% on Premium Turnover
Commodities 0.0027% of Turnover 0.0031% on Contract turnover
AMC charge Rs 400/year Trading: 0, Demat: Rs 300/year
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs 14 per debit instruction
Offline order placing Charge Nil Rs 20 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 30 Days 365 days on Zerodha Pi
End of Day 10 Years 10 years on Zerodha Pi
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 20 times intraday, 0 for Delivery
Equity Futures Upto 2 times for Intraday Upto 7 times intraday leverage
Equity Options No Leverage Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures No Leverage 2 times intraday leverage
Currency Options No Leverage Buying no leverage, Shorting upto 2 times intraday leverage
Commodity Upto 2 times for Intraday 2.5 times intraday leverage
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

Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More