Zipper Trade Vs Shriram Insight – Share Brokers Comparison
Zipper Trade Vs Shriram Insight
Here is a point by point comparison of Zipper Trade Vs Shriram Insight. Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure. Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full service brokers such as Shriram Insight will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Discount brokers such as Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. 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 Zipper Trade Vs Shriram Insight 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Shriram Insight Review | Zipper Trade Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Stock Broker |
Incorporated In the Year | 1974 | 2016 |
Number of branches across India | 700 | 1 |
Exchanges | NSE, BSE, MCX, RCL | NSE, BSE, MCX-SX, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹290 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Shriram Insights Transaction Charges | Zipper Trade Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Intraday Delivery | 0.03% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Equity Futures | 0.03% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Equity Options | ₹50 per contract | ₹15 per executed order |
Currency Futures | 0.03% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Currency Options | ₹50 per contract | ₹15 per executed order |
Commodity | 0.03% | ₹15 per executed order |
Brokerage Calculator | Shriram Insight Brokerage Calculator | Zipper Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 10 times for Intraday, No exposure for Delivery |
Equity Futures | Same as margin | 2 times for Intraday |
Equity Options | Same as margin | 3 times for Intraday |
Currency Futures | Same as margin | 2 times for Intraday |
Currency Options | Same as margin | 3 times for Intraday |
Commodities | Same as margin | 2 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) | NetPro Desktop, NetPro Browser, Mobile App | ODIN Diet, NOW Online |
Complaints percentage | 0.05% | 0.05% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Zipper Trade Vs Shriram Insight for the benefits of other readers. Please feel free to share in the comments below.
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