Top Stock Advisory
Ski Capital vs. Sharekhan
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Ski Capital and Sharekhan. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Ski Capital and Sharekhan.
Overview
Ski Capital is public company and Sharekhan is private company. both are full service broker as well. Narinder Wadhwa co-founded Ski Capital in 1993. And Sharekhan was founded in the year 2000 by Jaideep Arora. Ski Capital's headquarters are in New Delhi and Sharekhan's headquarters are in Mumbai, India.
Ski Capital and Sharekhan both are full service broker as well. Ski Capital is registered in NA, while Sharekhan is registered in BSE, NSE, MCX. The total branches of Ski Capital are Nil and the Sharekhan branches are 2800.
| Overview | Ski Capital | Sharekhan |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Private |
| Headquarter | New Delhi | Mumbai, India |
| Founders | Narinder Wadhwa | Jaideep Arora |
| Foundation Year | 1993 | 2000 |
| Supported Exchanges | NA | BSE, NSE, MCX |
| Total branches | Nil | 2800 |
Ski Capital and Sharekhan Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Ski Capital charging Rs.200 and Sharekhan charging Zero.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Ski Capital Demat account is Rs.499 per Annum and for the Sharekhan Demat account is Free or Rs.300 per Annum. The Trading AMC for Ski Capital and Sharekhan is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Ski Capital and Sharekhan is CDSL.
| Account Opening and Demat Charges | Ski Capital | Sharekhan |
|---|---|---|
| Trading Account Opening Charges | Rs.200 | Zero |
| Demat AMC (Annual Maintenance Charges) | Rs.499 per Annum | Free or Rs.300 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Zero Margin | Zero |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | NSDL & CDSL |
Ski Capital and Sharekhan Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Ski Capital is 0.2% – 0.5%, while Sharekhan charges you 0.50%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Ski Capital is 0.02% – 0.05% and for Sharekhan also, it is 0.10%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Ski Capital charge 0.02% – 0.05% and Sharekhan charge 0.10% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Ski Capital charges Rs.20 – Rs.50 per Lot, and Sharekhan charges Rs.100 per Lot or 2.5% on Premium (Takes higher amount).
| Equity Brokerage Charges | Ski Capital | Sharekhan |
|---|---|---|
| Equity Delivery Brokerage | 0.2% – 0.5% | 0.50% |
| Equity Intraday Brokerage | 0.02% – 0.05% | 0.10% |
| Equity Futures Brokerage | 0.02% – 0.05% | 0.10% |
| Equity Options Brokerage | Rs.20 – Rs.50 per Lot | Rs.100 per Lot or 2.5% on Premium (Takes higher amount) |
Ski Capital and Sharekhan Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Ski Capital is 0.02% – 0.05% and for Sharekhan is 0.10%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Ski Capital charges Rs.10 – Rs.25 per Lot for currency options, whereas Ski Capital charges Rs.30 per Lot or 2.5% on Premium (Takes higher amount).
| Currency Brokerage Charges | Ski Capital | Sharekhan |
|---|---|---|
| Currency Futures Brokerage | 0.02% – 0.05% | 0.10% |
| Currency Options Brokerage | Rs.10 – Rs.25 per Lot | Rs.30 per Lot or 2.5% on Premium (Takes higher amount) |
Ski Capital and Sharekhan Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Ski Capital charges 0.02% – 0.05% for commodity trading, while Sharekhan charges 0.10%.
| Commodity Brokerage Charges | Ski Capital | Sharekhan |
|---|---|---|
| Commodity Options Brokerage | 0.02% – 0.05% | 0.10% |
Ski Capital and Sharekhan Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Ski Capital levies a minimum brokerage fee of Percentage of Transaction, while Sharekhan charges Rs.20 brokerage fee.
Transaction Brokerage Charges: Ski Capital levies a transaction brokerage charge of 0.00323%, while Sharekhan charges 0.00275% of Total Turnover.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Ski Capital is 0.0002% of Total Turnover and for Ski Capital is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Ski Capital are 0.0126% of Total Turnover, while for Sharekhan, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Ski Capital charges NA and Sharekhan charges Rs 20.
| Other Brokerage Charges | Ski Capital | Sharekhan |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Rs.20 | Transaction Brokerage Charges | 0.00323% | 0.00275% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | Rs 20 |
Ski Capital and Sharekhan Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Ski Capital is up to Upto 2x and by Sharekhan it is up to Upto 15x.
Equity Intraday: Leverage for equity intraday by Ski Capital is up to Upto 6x and by Sharekhan it is up to Upto 32x.
Equity Futures: Leverage for Equity Futures by Ski Capital is up to Upto 2x and by Sharekhan it is up to Upto 15x.
Equity Options: Leverage for Equity Options by Ski Capital is up to Upto 4x and by Sharekhan also, it is up to Upto 10x.
| Equity Leverage | Ski Capital | Sharekhan |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 15x | Equity Intraday | Upto 6x | Upto 32x | Equity Futures | Upto 2x | Upto 15x | Equity Options | Upto 4x | Upto 10x |
Ski Capital and Sharekhan Currency Leverage
The currency futures leverage provided by Ski Capital is up to Upto 3x, while for Sharekhan it is up to Upto 8x.
The currency options leverage provided by Ski Capital is up to Upto 3x, while for Sharekhan it is up to Upto 10x.
| Currency Leverage | Ski Capital | Sharekhan |
|---|---|---|
| Currency Futures | Upto 3x | Upto 8x | Currency Options | Upto 3x | Upto 10x |
Ski Capital and Sharekhan Commodity Leverage
The commodity leverage provided by Ski Capital is up to Upto 3x, while for Sharekhan it is up to Upto 10x.
| Commodity Leverage | Ski Capital | Sharekhan |
|---|---|---|
| Commodity | Upto 3x | Upto 10x |
Ski Capital and Sharekhan Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Ski Capital | Sharekhan |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | Yes | Holiday Offers | No | No | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Ski Capital and Sharekhan Features
Equity Trading: Ski Capital and Sharekhan brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Ski Capital and Sharekhan also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Ski Capital and Sharekhan broker is that you can also invest in IPOs. Ski Capital also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Ski Capital offers trading exposure of up to Upto 6x, while Sharekhan gives up to Upto 32x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Ski Capital and Sharekhan, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Ski Capital and Sharekhan also allow you to trade in forex trading.
| Features | Ski Capital | Sharekhan |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | Yes | PMS (Portfolio Management Services) | No | Yes |
| Trading Institution | No | Yes | Trading Exposure | Upto 6x | Upto 32x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
Ski Capital and Sharekhan Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Ski Capital and Sharekhan offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Ski Capital | Sharekhan |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| Company Stock Review | Yes | Yes |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | No | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Ski Capital and Sharekhan Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Ski Capital and Sharekhan offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Ski Capital | Sharekhan |
|---|---|---|
| Windows | Yes | Yes |
| Mac | No | Yes |
| Desktop Browser | Yes | Yes |
Ski Capital and Sharekhan Mobile Trading Platforms
Ski Capital and Sharekhan offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Ski Capital | Sharekhan |
|---|---|---|
| Mobile Browser | Yes | No |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Ski Capital and Sharekhan Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Ski Capital and Sharekhan give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Ski Capital | Sharekhan |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | Yes |
| Toll free number | No | No |
| Support Branches | 920 | 126 |
Ski Capital and Sharekhan Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Ski Capital and Sharekhan registered and resolved complaints.
For Ski Capital, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Sharekhan, the Percentage of resolved BSE complaints is 92.93 % and the Percentage of resolved NSE complaints is 99.54 %.
We can say that Ski Capital is better than Sharekhan in case of resolving customer complaints.
| BSE Complaints | Ski Capital | Sharekhan |
|---|---|---|
| BSE Complaints | 1 | 198 |
| BSE Resolved Complaints | 1 | 184 |
| Percentage of resolved BSE complaints | 100.00 % | 92.93 % |
| NSE Complaints | 2 | 218 |
| NSE Resolved Complaints | 2 | 217 |
| Percentage of resolved NSE complaints | 100.00 % | 99.54 % |
| BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 96.24 % |
Frequently Asked Questions
Is Ski Capital better than Sharekhan?
Ski Capital and Sharekhan are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Sharekhan better than Ski Capital?
Sharekhan and Ski Capital are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Ski Capital and Sharekhan?
Ski Capital and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Ski Capital and Sharekhan?
To figure out which of the two stockbrokers, Ski Capital and Sharekhan, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Ski Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Ski Capital with other brokerage firms.
Compare Sharekhan with other stock brokers
Visit the following pages to see a detailed comparision report of Sharekhan with other brokerage firms.