Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices).
Designed for serious Investors and Trader... 
About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| Sharekhan | Groww | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2000 | 2016 |
| Number of Branches | 2800 | 0 |
Sharekhan trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Groww Demat Account AMC Charges is Rs 0.
| Sharekhan | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 0 |
Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Sharekhan Classic Account | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.02% per transaction value | Rs 20 per executed order |
| Equity Options | Rs 20 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | NA |
| Currency Options | Rs 5 per lot | NA |
| Commodity Futures | 0.02% | NA |
| Commodity Options | Rs 20 per lot | NA |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Sharekhan | Groww | |
|---|---|---|
| Account Type | Prepaid - Rs 1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.015% | Rs 20 per executed order |
| Equity Options | 0.05% or Rs 63 per lot | Rs 20 per executed order |
| Currency Futures | NA | |
| Currency Options | NA | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Sharekhan | Groww | |
|---|---|---|
| Account Type | Margin - Rs 1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order |
| Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | NA | |
| Currency Options | NA | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 20 or 0.05% per executed order |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | Rs 20 | NA |
Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).
| Sharekhan | Groww | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5050 per Cr (0.0505%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
| Currency Futures | NSE Rs 95 per Cr (0.00095%) | |
| Currency Options | NSE Rs 3700 per Cr (0.037%) (on premium) | (on premium) |
| Commodity | Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% | NA |
Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Sharekhan | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Groww offers Groww trading software.
| Sharekhan | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | TradeTiger, Sharekhan Mobile | Groww |
| Intraday Square-off Time | 3:30 PM | 3:10 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | Pattern finder, Class room training | |
Sharekhan is rated 3.3 of 5 based on 313 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.
| Sharekhan | Groww | |
|---|---|---|
313 Customer Reviews  |
101 Customer Reviews |
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| Overall Ratings | |
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| Broker Rating | Sharekhan is rated 3.3 of 5 based on 313 customer reviews | Groww is rated 3.8 of 5 based on 101 customer reviews |
| Sharekhan Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Sharekhan | Groww | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Loans, NRI Trading | Digital Gold, US Stocks, Fixed Deposits |
| Sharekhan | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Sharekhan | Groww | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Sharekhan | Groww | |
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| Casual Investor | |
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| Active Investor | |
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| Trader |
| Sharekhan | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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