Zeroshulk Vs Karvy Online
| |Zeroshulk Vs Karvy Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Zeroshulk Vs Karvy Online Comparison
Here is a point by point comparison of Zeroshulk Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Zeroshulk is a discount stock broker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
Discount brokers such as Zeroshulk offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as Karvy Online will help you, spoon feed you, handhold you through the process, even if you need an 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 Zeroshulk Vs Karvy Online 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
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.
Zeroshulk Vs Karvy Online Compare
Karvy Online Review | Zeroshulk Review | |
OVERVIEW | ||
Broker Type | Full Service | Discount Broker |
Incorporated In the Year | 1985 | 2008 |
Number of branches across India | 400 | 1 |
Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX, MCX SX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹420 | ₹0 |
Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹300 (Free for 1st Year) |
Transaction Charges | Karvy Online Transaction Charges | Zeroshulk Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | ₹15 per order or ₹999 per month for unlimited trades |
Intraday Delivery | 0.03% | ₹15 per order or ₹999 per month for unlimited trades |
Equity Futures | 0.03% | ₹15 per order or ₹999 per month for unlimited trades |
Equity Options | ₹30 per lot | ₹15 per order or ₹999 per month for unlimited trades |
Currency Futures | 0.03% | ₹15 per order or ₹999 per month for unlimited trades |
Currency Options | ₹30 per lot | ₹15 per order or ₹999 per month for unlimited trades |
Commodity | 0.03% | ₹15 per order or ₹999 per month for unlimited trades |
Brokerage Calculator | Karvy Online Brokerage Calculator | Zeroshulk Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 20 times, 0 for Delivery | Upto 20 times Intraday & 3 times for Delivery |
Equity Futures | Upto 4 times for Intraday | Upto 4 times for Intraday |
Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | Buying no leverage, Shorting upto 4 times |
Currency Futures | No Leverage | Upto 4 times for Intraday |
Currency Options | No Leverage | Upto 4 times for Intraday |
Commodities | Upto 4 times for Intraday | Upto 4 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
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, Karvy Web, Trade Mobile App | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile |
Total BSE+NSE Complaints | 229 | 21 |
OVERALL RATING | ||
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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