Sharekhan vs JM Financial – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Sharekhan vs JM Financial. Sharekhan is a full service broker providing various offers to its clients like Free demat account, Low Margin requirement & more while JM Financial is another full service broker who is totally against any kind of marketing gimmick. This comparison between Sharekhan & JM Financial is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Sharekhan & JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare JM Financial & Sharekhan

Overview of Sharekhan & JM Financial

Overview Sharekhan JM Financial
Company Type Private Public
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Jaideep Arora Nimesh Kampani
Established Year 2000 1986

Sharekhan vs JM Financial Customer Ratings Comparison

Customer Ratings Sharekhan JM Financial
Experience 7.5/10 6.2/10
Products & Services 7.0/10 6.4/10
Brokerage Charges & Fees 6.5/10 6.2/10
Stock Research & Advisory 7.0/10 6.6/10
Trading Platforms 7.5/10 5.8/10
Overall Ratings 7.1/10 6.4/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 1236 329

Sharekhan vs JM Financial Demat Account Comparison

Demat Services Sharekhan JM Financial
Depository Source NSDL & CDSL CDSL
Account Opening Charges Zero Rs.799
Demat AMC Charges Free or Rs.300 per Annum Rs.299
Trading AMC Charges Free Free
Margin Money Zero Rs.15,000 Minimum
Offline to Online R R

JM Financial vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & Fees Sharekhan JM Financial
Equity Delivery Trading 0.50% 0.5% – 0.15%
Equity Intraday Trading 0.10% 0.05% -0.015%
Commodity Options Trading 0.10% NA
Equity Futures Trading 0.10% 0.05% -0.015%
Equity Options Trading Rs.100 per Lot or 2.5% on Premium (Takes higher amount) Rs.75 – Rs.20 per Lot
Currency Futures Trading 0.10% 0.05% -0.015%
Currency Options Trading Rs.30 per Lot or 2.5% on Premium (Takes higher amount) Rs.75 – Rs.20 per Lot
Minimum Brokerage Rs.20 Percentage of Transacton
Demat AMC Charges Free or Rs.300 per Annum Rs.299
Trading AMC Charges Free Free
Margin Money Zero Rs.15,000 Minimum
Brokerage Calculator Sharekhan Brokerage Calculator JM Financial Brokerage Calculator

JM Financial & Sharekhan Other Charges Comparison

Other Charges Sharekhan JM Financial
Transaction Charges 0.00275% of Total Turnover 0.00325% of Total TurSver
STT 0.0126% of Total Turnover 0.0126% of Total TurSver
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total TurSver
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare JM Financial & Sharekhan Offers

Offers Sharekhan JM Financial
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free R S
Holiday Offers S S
Referral Offers R S
Zero Brokerage for Loss Making Trades S S

Compare Services of Sharekhan vs JM Financial

Services Sharekhan JM Financial
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory R S
PMS R R
Trading Institution R S
Trading Exposure Upto 32x Upto 7x

Compare JM Financial & Sharekhan Research & Advisory

Research & Advisory Sharekhan JM Financial
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R R
Company Stock Review R R
Free Stock Tips R R
IPO Reports S R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Sharekhan vs JM Financial Exposure/Leverage

Exposure / Leverage Sharekhan JM Financial
Equity Delivery Upto 15x Upto 1x
Equity Intraday Upto 32x Upto 7x
Equity Futures Upto 15x Upto 2x
Equity Options Upto 10x Upto 4x
Currency Futures Upto 8x Upto 3x
Currency Options Upto 10x Upto 3x
Commodities Upto 10x Upto 2x
Margin Calculator Sharekhan Margin Calculator JM Financial Margin Calculator

Sharekhan vs JM Financial Product Comparison

Products Sharekhan JM Financial
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S R
Banking S S
SIP R R
Insurance S R

Sharekhan vs JM Financial Trading Platform Comparison

Trading Platforms Sharekhan JM Financial
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R S
Mobile Site Platform S R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R S
Multi Account Management R S

Sharekhan vs JM Financial Customer Support

Customer Support Sharekhan JM Financial
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support R S
Toll Free Number 1800 22 7500 S
Branches 126 50

Sharekhan vs JM Financial Customer Complaints

Complaints (Current Year) Sharekhan JM Financial
Lodged in BSE 198 5
Resolved in BSE 184 5
Lodged in NSE 218 7
Resolved in NSE 217 7

Compare Sharekhan with other Brokers & JM Financial with other Brokers

 


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