Mirae Asset Sharekhan Vs Zerodha (Compare Mirae Asset Sharekhan and Zerodha)

Sharekhan is a full-service broker while Zerodha is a discount stock broker. Sharekhan offers personalized services through its thousands of branches and franchise offices in almost every town in India while Zerodha is an online broker with no branches.

Sharekhan is better than Zerodha for following reasons:

• Full-service Broker

  Sharekhan is a Full-service broker offering complete trading and investment services including broking, demat, MF, Margin Funding, PMS and NRI services etc., whereas Zerodha, being a discount broker, limits its services to online trading and direct mutual funds. Sharekhan offers both online and offline trading whereas Zerodha offers only online trading.

• Research & Advisory

  Sharekhan offers research and advisory services wherein it publishes reports on the economy, markets and different trading segments. The research team also recommends stocks based on technical and fundamental analysis.

• Neighborhood Stores

  Sharekhan has over 3200 branches and franchise offices in more than 634 cities across India. Customers can visit these offices to avail its various services like account opening, trading and investing in mutual funds etc. Zerodha doesn't offer branch services as it has a very limited physical presence.

• Relationship Manager (RM)

  Every Sharekhan customer is provided with an RM who is one point of contact for all the services including sales, support and investment help. Zerodha doesn't offer RM support. It is a do-it-yourself type of broker.

• Free Call & Trade Services

  Sharekhan offers free call & trade service while Zerodha charges Rs 20 per executed order extra for broker-assisted trades.

Zerodha is an online stock broker offering discount brokerage services to a customer who can trade or invest online by themselves with no help from the broker.

Sharekhan is a full-service broker offering in-person services to customers through a network of branches. Customers can walk-in the neighborhood store and talk to people.

Zerodha is better than Sharekhan for following reasons:

• Brokerage

  Zerodha charges a fraction of brokerage in comparison to Sharekhan. Sharekhan charges a percentage based brokerage fee on the value of the trade. Zerodha follows a fixed brokerage model wherein a flat brokerage is charged from all.

• Brokerage Free Stock Market Investment

  Zerodha offers brokerage free Equity Delivery trading which Sharekhan charges 0.55% brokerage.

• Direct Mutual Fund

  Zerodha offers Direct Mutual Funds while Sharekhan offers only Regular Mutual Funds. Direct Mutual Fund offers an additional 1 to 2% yearly profits as the brokers are not paid any commissions by the Asset Management Company.

• Online Trading Platform

  Zerodha's online trading platform Kite is superior and technologically advanced trading software.

Unlike Sharekhan, Zerodha doesn't provide:

• Services through branch offices. Zerodha offers online services.
• Add-on services like research, advisory, PMS etc.
• Stock recommendations and tips.
• Customers trading assistance through dedicated RMs (Relationship Managers). Zerodha doesn't provide RM assistance to its customers.
• Free call & trade services.
• Margin Funding.

Sharekhan and Zerodha Similarities

• Trading services in NSE, BSE and MCX.
• Both offer proprietary trading platforms. Sharekhan offers TradeTiger and Zerodha offers
• Offers 2-in-1 trading accounts combing trading and demat accounts

Conclusion

Sharekhan and Zerodha are different types of stock brokers catering to different trading needs. Sharekhan caters to beginners to intermediate traders who need research services in addition to trading services. Zerodha works well for experienced traders who are looking for low brokerage and can research and trade on their own.

Sharekhan is one of the best full-service brokers in the country. Here are a few reasons to choose Sharekhan as a stock broker:

• Part of BNP Paribas, a leading bank in the Eurozone.
• Multiple trading platforms to choose from as per your needs. This includes an online trading website, Installable trading software, mobile app, Dial n trade and in-person trade through branch offices.
• Offers a range of brokerage plans to suit individual customers.
• Online and classroom training, seminars and workshops to investors.
• No charges for Online Funds Transfer to the trading account and Pay-out to the bank account.
• Free Call & Trade
• Over 2 decades of stock broking experience.
• Research and advisory services.
• Pan India network with 3200 outlets in 634 cities.
• 20+ lakh customers.

Zerodha is an online stock broker that offers only trading and investment services at BSE, NSE and MCX. Sharekhan being a full-service broker offers trading, research, advisory services, PMS and personalized assistance.

Zerodha is better than Sharekhan for the following services

• India's No. 1 broker in terms of the number of customers.
• Brokerage-free Equity Delivery trading.
• Brokerage-free Direct Mutual Fund.
• Low cost and simple flat brokerage model for Intraday and F&O.
• Technologically advanced trading platforms.

Sharekhan is better than Zerodha for the following services

• Offer personalised services through RM and local offices.
• Provide trading tips.
• Provide advisory and PMS services.

Zerodha and Sharekhan are different types of brokers. Zerodha is suitable for investors who can trade independently with almost no support from stock broker. Sharekhan is for beginners and traders who require guidance, tips, and personalized assistance for trading.

Sharekhan is a full-service broker that offers research and advisory services along with online and offline trading services. Zerodha is the largest stock broker in India that offers a low brokerage commission online trading facility.

Zerodha offers brokerage-free Equity Delivery trading and mutual funds investment. It also offers advanced trading platforms for online trading through mobile or web browsers.

Sharekhan is better than Zerodha for the following factors:

• Personalized in-person assistance.
• Offers research and advisory services.
• Provides online as well as offline trading facility.
• Free Call and trade services.
• Offline support via a network of branches and offices spread across India.

Zerodha is better than Sharekhan for the following factors:

• Rs 0 brokerage for equity delivery trades.
• Rs 0 commission for Direct Mutual Funds.
• Flat Rs 20 per trade brokerage for trading in Intraday and F&O at BSE, NSE and MCX.
• Superior trading platform Kite (Mobile App and Web).