Mirae Asset Sharekhan vs Sahi
A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.
Mirae Asset Sharekhan vs Sahi — quick verdict
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Company overview
Mirae Asset Sharekhan is a full-service broker incorporated in 2000; Sahi is a discount broker incorporated in 2021.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Type of broker | Full-Service Broker | Discount Broker |
| Exchange membership | NSE · BSE · MCX · NCDEX | NSE · BSE |
| Year of incorporation | 2000 older | 2021 |
| Number of branches | 900+ | Online Only |
| Active clients | 32 Lakh+ larger | 1 Lakh+ |
Charges & AMC
Account-opening and maintenance charges for Mirae Asset Sharekhan and Sahi compared side by side.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Trading a/c opening | ₹0 (Online) | ₹0 |
| Trading a/c AMC | ₹0 | ₹0 |
| Demat a/c opening | ₹0 | ₹0 |
| Demat a/c AMC | ₹0 (1st Year), then ₹400 + GST per year | ₹0 lower |
| DP charges (per ISIN, sell) | ₹25 per debit transaction + GST | ₹13.5 per company (ISIN) on sell transactions lower |
Brokerage charges
How Mirae Asset Sharekhan and Sahi price each trading segment, per executed order.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Equity Delivery | 0.30% | ₹10 or 0.05% per executed order (whichever is lower) |
| Equity Intraday | 0.02% | ₹10 or 0.05% per executed order (whichever is lower) |
| Equity Futures | 0.02% | ₹10 per executed order |
| Equity Options | ₹20 per executed order | ₹10 per executed order |
| Currency F&O | 0.02% | ₹10 per executed order |
| Commodity F&O | 0.02% | ₹10 per executed order |
| Call & Trade | ₹0 | Not Available |
Transaction charges (exchange turnover)
Exchange turnover and clearing charges passed through by Mirae Asset Sharekhan and Sahi, per segment.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Equity Delivery | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.0030699% • BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.0030699% • BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% | NSE: 0.0018299% |
| Equity Options | NSE: 0.03503% (on premium) | NSE: 0.0355299% (on premium) |
| Currency Futures | NSE: 0.00035% | NSE: 0.00035% |
| Currency Options | NSE: 0.03110% (on premium) | NSE: 0.03110% (on premium) |
| Commodity Futures | MCX: 0.00210% | MCX: As per applicable exchange charges |
| Commodity Options | MCX: 0.04180% (on premium) | MCX: As per applicable exchange charges |
Demat & DP charges
Depository (demat) charges for Mirae Asset Sharekhan and Sahi — AMC, debit transactions, pledging and remat.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Demat Account Opening | ₹0 | ₹0 |
| Annual Maintenance Charges (AMC) | ₹0 (1st Year), then ₹400 + GST per year | ₹0 |
| Debit Transaction Charges | ₹25 per debit transaction + GST | ₹13.5 per company (ISIN) on sell transactions |
| Pledge / Unpledge Charges | ₹30 + GST per request | ₹15 per transaction/ISIN + GST |
| Dematerialisation (Demat) | ₹50 per certificate + GST | ₹150 per certificate + courier charges |
| Rematerialisation (Remat) | ₹50 per certificate + GST | ₹150 per certificate + courier charges |
| Failed Transactions | Nil | ₹50 per ISIN |
Margin & leverage (MTF)
Intraday and delivery margin / leverage offered by Mirae Asset Sharekhan and Sahi.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Equity Delivery | Up to 100% of trade value (1x) | 100% of trade value (1x) |
| Equity Intraday | As per SEBI peak margin rules (Up to 5x (eligible stocks)) | VAR + ELM Margin (Up to 5x*) |
| Equity Futures | SPAN + Exposure Margin (1x) | SPAN + Exposure Margin (As per available margin) |
| Equity Options | Premium + SPAN (for option writing) (As per exchange norms) | Premium Value (Not Applicable) |
| Currency Derivatives | SPAN + Exposure Margin (As per exchange norms) | SPAN + Exposure Margin (As per available margin) |
| Commodity Derivatives | SPAN + Exposure Margin (As per exchange norms) | Not Available |
| Commodity Futures & Options | — | Not Available |
Features & account
Account type and feature availability across Mirae Asset Sharekhan and Sahi.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| 3-in-1 account | ✕ No | ✕ No |
| Automated / API trading | ✓ Yes better | ✕ No |
| Margin Trading (MTF) | ✓ Yes better | ✕ No |
| Trading in SME shares | ✓ Yes | ✓ Yes |
| Trading platforms | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | Sahi Web, Sahi Mobile App |
| Intraday square-off | 3:15 PM | 3:15 PM |
| Other | Advanced research reports, Margin Trading Facility (MTF), Portfolio Health Check, Investment Ideas, IPO investment, Mutual Funds, Algo/API Trading, Smart Investor tools, Relationship Manager support, Educational webinars, TradeTiger desktop terminal, Comprehensive wealth management solutions. | Advanced Charts, Option Chain, Watchlists, Price Alerts, Digital KYC, Real-time Market Data, Portfolio Tracking |
Trading platforms & apps
Trading terminals, web platforms and mobile apps offered by Mirae Asset Sharekhan and Sahi.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Trading platforms offered | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | Sahi Web, Sahi Mobile App |
| Number of platforms | 3 more choice | 2 |
| Platforms (summary) | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger | Sahi Web, Sahi Mobile App |
| Mobile / desktop apps | Mobile, Web, Desktop | Web, Mobile |
User ratings
User ratings for Mirae Asset Sharekhan and Sahi across the key parameters.
| Rated on | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Fees | 4.2 | 4.8 better |
| Brokerage | 4.1 | 4.8 better |
| Trading platform | 4.7 better | 4.5 |
| Customer service | 4.5 better | 4.2 |
| Research | 4.9 better | 3.8 |
| Overall | 4.5 better | 4.4 |
Investment options
Which investment products Mirae Asset Sharekhan and Sahi let you access.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Stocks / Equity | ✓ Yes | ✓ Yes |
| Commodity | ✓ Yes better | ✕ No |
| IPO | ✓ Yes better | ✕ No |
| Mutual Funds | ✓ Yes better | ✕ No |
| Bonds / NCD | ✓ Yes better | ✕ No |
Order types offered
Advanced order types supported by Mirae Asset Sharekhan and Sahi.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Bracket Order | ✕ No | ✕ No |
| Cover Order | ✕ No | ✕ No |
| BTST | ✓ Yes | ✓ Yes |
| After Market (AMO) | ✓ Yes | ✓ Yes |
| GTC / GTT | ✓ Yes better | ✕ No |
Safety & credibility
SEBI registration, financial strength and complaint record for Mirae Asset Sharekhan and Sahi.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| SEBI registration | INZ000174330 | INZ000314836 |
| NSE member code | 10313 | 90392 |
| Year of incorporation | 2000 longer track record | 2021 |
| Net worth | ₹8,615+ Cr* stronger | ₹25+ Cr |
| Exchange memberships | NSE · BSE · MCX · NCDEX | NSE · BSE |
| Latest complaint ratio | 0.033% | N.A. |
Complaints record
Exchange complaint data for Mirae Asset Sharekhan and Sahi — the ratio matters more than the raw count.
| Parameter | Mirae Asset Sharekhan | Sahi |
|---|---|---|
| Latest financial year | 2025–26 | 2025–26 |
| Exchange | NSE | NSE |
| Active clients | 31,20,000+ | Latest Available |
| Complaints filed | 1,020 | N.A. |
| Complaint ratio | 0.033% | N.A. |
Pros & cons
The main advantages and drawbacks of each broker.
▲ Pros
- ✓ Backed by the globally recognized Mirae Asset Financial Group.
- ✓ Comprehensive research reports and investment recommendations.
- ✓ Supports investment in stocks, derivatives, commodities, currencies, mutual funds, IPOs, bonds, and ETFs.
- ✓ Advanced trading platforms for web, desktop, and mobile users.
- ✓ Large nationwide network of branches and relationship managers.
- ✓ Margin Trading Facility (MTF) available for eligible stocks.
- ✓ Strong educational resources, webinars, and investor learning programs.
- ✓ Reliable customer support through branches, phone, email, and chat.
- ✓ Suitable for both beginners and long-term investors.
- ✓ Offers integrated wealth management and portfolio advisory services.
▼ Cons
- ✕ Brokerage charges are higher than most discount brokers.
- ✕ Annual Maintenance Charges (AMC) apply for Demat accounts.
- ✕ Account opening process may take longer than fully digital discount brokers.
- ✕ Premium research and advisory services may involve additional charges.
- ✕ Advanced trading tools are more beneficial for experienced traders than casual investors.
- ✕ Intraday brokerage can be comparatively expensive for high-frequency traders.
- ✕ Fewer free investment tools compared to some newer fintech brokers.
- ✕ Some premium features are available only under higher-value plans or subscriptions.
▲ Pros
- ✓ Simple and transparent brokerage structure.
- ✓ ₹0 account opening and ₹0 annual Demat AMC.
- ✓ Fully digital and paperless account opening.
- ✓ User-friendly web and mobile trading platforms.
- ✓ Advanced charting, watchlists, and option chain.
- ✓ Suitable for beginners as well as active traders.
▼ Cons
- ✕ Limited research and advisory services.
- ✕ Investment products are fewer than large full-service brokers.
- ✕ No physical branch network.
- ✕ Call & Trade facility is limited or unavailable.
- ✕ Does not offer as many premium investment services as traditional brokers.