Sharekhan Vs TradeJini

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Sharekhan Vs Tradejini is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.

This comparison article also provides a video comparison between Sharekhan Vs Tradejini so that you get a 360-degree view about which broker to go ahead with.

Sharekhan Vs TradeJini Comparison

Here is a point by point comparison of Sharekhan Vs TradeJini.

Sharekhan is one of India’s leading full-service brokers. Founded back in the year 2000 and today with its presence in more than 575 cities of India, Sharekhan ranks second in retail stock broking in India. The stock broker has been recently sold out to BNP Paribas for INR 2000 crore.

TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.

Everything about discount brokers such as TradeJini is Online, be it – customer service, trading, account opening etc.

Full-service brokers such as Sharekhan, on the other hand, will help you, spoon feed you, hand hold you through the process, even if you need offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Sharekhan Vs TradeJini to help you find which of the two suits your needs better. The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Sharekhan Vs TradeJini Compare

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.

Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.



	Tradejini Review	Sharekhan Review
OVERVIEW
Broker Type	Discount Broker	Full Service Broker
Incorporated In the Year	2012	2000
Number of branches across India	1	1950
Exchanges	BSE, NSE, MCX and MCX SX	BSE, NSE, MCX, NCDEX, NSEL
ACCOUNT CHARGES
Trading Account Opening Charges	₹695 (get ₹300 off by Opening Account through Us)	₹750
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹300	₹0
Demat Account Annual Maintenance Charges	₹300	₹450
Transaction Charges	Tradejini Transaction Charges	Sharekhan Transaction Charges
BROKERAGE
Equity Delivery	₹20 per executed order or 0.10% of Turnover whichever is lower	0.5%
Intraday Delivery	₹20 per executed order or 0.01% of Turnover whichever is lower	0.1%
Equity Futures	₹20 per executed order or 0.01% of Turnover whichever is lower	0.1%
Equity Options	₹20 per executed order	₹100 or 2.5% on Premium (whichever is higher of the two)
Currency Futures	₹20 per executed order or 0.01% of Turnover whichever is lower	0.1%
Currency Options	₹20 per executed order	₹100 or 2.5% on Premium (whichever is higher of the two)
Commodity	₹20 per executed order or 0.01% of Turnover whichever is lower	0.1%
Calculate Brokerage	Tradejini Brokerage Calculator	Sharekhan Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 20 Times for Intraday, & No leverage for Delivery	Upto 10 Times for Intraday & 5 Times for Delivery
Equity Futures	Normally 2.5 times with stop loss upto 5 times	Upto 2 times for Intraday
Equity Options	Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times	No Leverage
Currency Futures	NA	No Leverage
Currency Options	NA	No Leverage
Commodities	Upto 3 times for Intraday	Upto 2 times for Intraday
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
Research		Sharekhan Research
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
Customer Care		Sharekhan Customer Care
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	NEST, NSE Now, NSE Mobile Trading App	Trade Tiger, Sharekhan Mobile Trading App, Sharekhan Mini
Complaint Percentage of Total Active Clients	0.08%	0.01%
Complaints		Sharekhan Complaints
OVERALL RATING
	Get a Callback	Get a Callback

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Sharekhan Vs TradeJini for the benefits of other readers? Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.