Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
Sharekhan review
Full-service investing with free research, now Mirae Asset-backed
4.0/ 5App: 4.1/5
- Since 2000
- Delivery 0.30% (min 1 paisa/share)
- AMC ₹0 1st year, then ₹400/year
Open an account with SharekhanCompare Sharekhan →SEBI-registered stockbroker | Member: NSE, BSE, MCX
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing3.7
Trading platforms4.0
Customer support4.2
Research & education4.4
Ease of opening4.1
Overview
Legacy full-service broker now under Mirae Asset, with free research, free call-and-trade and classic percentage pricing on the standard plan.
Best for: Investors wanting assisted trading with free research.
Pros & cons
What we like
- Free research plus free Dial-N-Trade
- Zero opening and first-year AMC free
- Structured beginner onboarding programme
Watch out for
- 0.30% delivery and ₹39/lot options exceed discount pricing
- Partner and NRI accounts excluded from listed rates
- 18% p.a. debit and MTF interest
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0 (free)✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0 1st year, then ₹400/year✓ Verified 14/9/2026
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- 0.30% (min 1 paisa/share)✓ Verified 14/9/2026
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- 0.02% each side (min 1 paisa/share)✓ Verified 14/9/2026
- DP charge (sell)Charged when shares leave your demat on a sell (delivery). Goes mostly to the depository, not the broker.
- Credits nil; off-market sale 0.03% (min ₹30)✓ Verified 14/9/2026
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹39/lot each side (equity)✓ Verified 14/9/2026
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- 0.02% each side (equity + currency)✓ Verified 14/9/2026
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOUPI-based IPO applications
- ✓ Yes
- US stocks
- —
- Trading APITradeTiger + APIs
- ✓ Yes
Platforms & features
platforms
- Mobile app✓ · Sharekhan app (Android + iOS)
- Web platform✓ · TradeTiger desktop + web
investing
- IPO investing✓ · UPI-based IPO applications
trading
- Trading API✓ · TradeTiger + APIs
research
- Research & advisory✓ · 220+ stocks covered; free research
support
- Customer support✓ · Free Dial-N-Trade + branches
Support & company
Customer support
Free Dial-N-Trade + branches
Company facts
- Founded
- 2000
- Regulation
- SEBI-registered stockbroker | Member: NSE, BSE, MCX
Solid for research-led investors; high-frequency traders will feel the percentage drag.
How to open a Sharekhan account
Start your application
Open the Sharekhan signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Alternatives to Sharekhan
Groww
Beginner-friendly investing super-app
4.5/ 5
Best for: Beginners and mutual-fund investors who want one simple app for everything.
Compare Groww with others →
Upstox
Low-cost broker with fast trading tools
4.3/ 5
Best for: Mobile-first traders and developers who use trading APIs.
Compare Upstox with others →User reviews
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.