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Sharekhan Stock Trading, Demat, Brokerage and Reviews

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Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website and 1800 offices which includes branches & f... Know more about Sharekhan

Sharekhan Stock Broker Review Ratings

253 votes  Rate Sharekhan

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.4 stars Rated 3.1 stars Rated 2.9 stars Rated 3.8 stars Rated 3.5 stars
94. umesh khatri  Jan 21, 2008 9:04:33 PM IST Reply
hello everybody
i m sharekhan customer. i feel very soory to say that i m not satisfied with my broker who is sharekhan by many reasons. i want to change my broker plz. tell me how is best service provider.
93. amish passi  Jan 20, 2008 3:58:59 PM IST Reply
hello friends.......
i am having 3 dmat accounts with sharekhan frm my family and i am happy to say that i am very much satisfied with the services of sharekhan.......specially the customer care facility though sometimes i need to wait to talk to the executive but thts fine seeing the load.....main thing they provide me proper information and i m completely satisfied.......
92. ajit  Jan 16, 2008 11:03:45 PM IST Reply
very good broking firm.Only drawback is they charge heavy brokerage.But it is justified because if u want good service, it comes with a price.
91. Vivek  Jan 16, 2008 3:00:25 PM IST Reply
SHAREKHAN is the worst agency to opn an account with and trade with. I dont know but I feel like abusing them on their face all the time. Bloody they havent been able tp provide with a new passowrd to me for the last 3-4 months. So guys please beware. Another request to you all, if any of you are facing trouble with SHAREKHAN please comeup and put your comments and thoughts as I am planning to lodge a complaint against them. No customer service, phone not reachable anytime, more than 30 minutes on hold over the phone, are some of the troubles listed. please come with you thoughts on the same.
90. sumit grover  Jan 15, 2008 12:00:57 AM IST Reply
to 105,
it depends that in which state r u 4m. in my city dehradun they r opening an a/c in 2-3 days.
u can call them at their tool free no 1800-22-7500 and apply 4 d same.
89. atul Singhal  Jan 10, 2008 4:49:26 PM IST Reply
Pls anyone tell me about the the transaction charges of IndiaBulls & IndiaInfoline. I have account in sharekhan in which the transaction charges are between Rs. 10 to 20.I like to invest Rs.1000 to 1500 in one scrip so that my transaction charges (DP charges) becomes very big amount. I have given around Rs.6000 in last 4 month.
Sharekhan charges 0.5% brokerage (net) on buy & sell amount.
Pls anyone tell me how can I decline my transaction cost.
My one freind told me that indiabulls charges Rs. 60 per month & Rs.6 per sell transaction.

Thanks in advance.
88. Amit Kumar Das  Jan 10, 2008 2:32:53 AM IST Reply
I have a bad experience with Sharekhan

I opened a share khan account very rapidly. I tried to trade with an investment of Rs20000.
I tried to put some money and because of online payment issuse I couldn't deposit more
Then my password got expired
I am following up and it has been more than 8 months they are not able to reset my password and send me the new password to access .

Does anybody has this issue with them ?

Password expiration feature and customer support is bad from my experience

I am going to file a consumer case on Share khan

87. jasbir singh   Jan 5, 2008 4:01:19 PM IST Reply
I am having a demat a/c for past 2 years there SPPED TRADE SOFTWARE is fantastic i have tried all other broking such as indiabulls,religare indiainfoline,icici direct but nobody stand near SHAREKHAN,hats off to them
86. shoba  Dec 29, 2007 8:00:14 PM IST Reply
is day trading enable upto 3:30 - AND is trading in both nse and bse will be there. is the shares purchased today can be sold nextday or else it take three days to deliver - anybody who holding sharekhan please share these details.
85. binay kumar khemka  Dec 20, 2007 10:04:05 PM IST Reply
I am using speedtrade of sharekhan. By far it is the best trading platform. I will recommend it to anyone willing to trade in shares
84. hiraja  Dec 12, 2007 11:13:06 PM IST Reply
i have sharekhan account for past 1 yr. service is good. and u can place limit orders in after hours and also buy mutual funds online. i recommend sharekhan for all.
83. amit  Dec 3, 2007 12:07:15 PM IST Reply
Sharekhan: If I apply IPO online. Whether refund will be credited thorught ESC (In account) or cheque will come at home address
82. percy  Dec 1, 2007 10:15:10 PM IST Reply
why is the dp charges(When u sell shares from DP) too high in sharekhan,any idea?There are lots of hidden charges in sharekhan dont go for it
81. amish passi  Nov 27, 2007 11:37:38 AM IST Reply
well today only i got the confirmation of my account openin in reading above experiences i have a analysis 0f 50-50.............i still hope a better experience with sharekhan....
80. cakhan  Nov 24, 2007 10:33:27 PM IST Reply
Sharekhan account is good for nothing. There servers shows run time erroe many time s a day........ you cant trade when you want.

Also people response is very very very poor.. In Ludhiana. They dont pick up calls, if they pick it up they are unable address the problem. .........You loose opportunity.

If you are in trouble, Its shrekhan Problem. Their staff respond like. Sharekhan problem is not their staff problem.
79. TVS  Nov 23, 2007 4:42:10 PM IST Reply
78. sanjay baroda  Nov 20, 2007 1:17:27 PM IST Reply
I am residing in baroda and I have 4 d mat account with sharekhan. I am fully satissfied with the service and staff.I have no problem in software and very efficient work.
thanks to sharekhan.
Earlier I have account with reliance money but there speed is very slow and software is also not easily understandable and while asking any problem tere staff can not reply as they are also new.
77. jinishans  Nov 13, 2007 1:11:03 AM IST Reply
Hi All

I've sharekhan a/c for me since Feb/Mar 2007. It's a good online trading a/c. Though i've not used any other online trading, and few of the above complaints i've also faced once or twice, still i feel sharekahn is good. Because of the reasons, all the features are available with this, comission is not anything big when compared to Reliance Money/India Buills. Ofcourse ICICIDirect & Geojit are charging more, they claim they're more secure/give more info, end of the day you need to have good customer support. If you dont have to go customer support frequently, then it means, you dont face much problems. Once or twice my money also did not transfered, couple of times, for me also customer support did not connected. Everywhere these things can happen. Unless it's not repetetive, it's fine. Ive not faced them again and again. Also, we get proper and good response most of the time. I can apply IPO, do Shortsell, SquareOff just few seconds before market close, even when you start trading with high amount, they allow you in -ve.

They allow eeven upto 50k - 1 lakh in Margin for couple of days (THIS IS VERY VERY IMPORTANT GOOD ASPECT I FEEL). If your a/c is expecting some money in next 1 or 2 days, theyn you can have your Margin in -ve till that date.

Eg: you bought for 5 lakhs today Reliance Natural and Sold it next day with some good profit. I dont pay that 5 lakhs during the obligation date, since i'm going to receive that amount the next day. I dont know whether this is a good aspect every online trading port is allowing. But, i make some good profit thru this feature.

Before 4months my father also opened, 1 month back on my mother's name also we've opened to just apply IPO's. We're planning to open in my brother & my wife name also. With that, we'll be having 5 Sharekhan a/c's. I dont know about other places. In Chennai, their suppor is good. I strongly recommend Sharekhan.

Tx & Regards
76. Prashanth  Nov 12, 2007 3:09:54 PM IST Reply
Hi ,
Customer care of sharekhan is toooooo bad.
I have been struggling to change my address docs of my accounts
No proper response !!

75. MANAV VIDHYARTHI  Oct 24, 2007 6:41:29 AM IST Reply
I ma dealing with sharekhans for last six months.Ifound them reasonable and friendy and going to open another account shortly.

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