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Sharekhan Stock Trading, Demat, Brokerage and Reviews


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Sharekhan

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 Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan

Sharekhan Stock Broker Review Ratings

242 votes  Rate Sharekhan

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.5 stars Rated 3.1 stars Rated 3.0 stars Rated 3.8 stars Rated 3.5 stars
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42. amit  Dec 3, 2007 11:07:15 AM IST Reply
Sharekhan: If I apply IPO online. Whether refund will be credited thorught ESC (In account) or cheque will come at home address
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41. percy  Dec 1, 2007 9:15:10 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
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40. amish passi  Nov 27, 2007 10:37:38 AM IST Reply
well today only i got the confirmation of my account openin in sharekhan.........by reading above experiences i have a analysis 0f 50-50.............i still hope a better experience with sharekhan....
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39. cakhan  Nov 24, 2007 9:33:27 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.
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38. TVS  Nov 23, 2007 3:42:10 PM IST Reply
I OPENED DMAT A/C WITH SHAREKHAN. CHANGE OF PASSWORD ON EVERY 14 DAYS IS BORING AND FORGETTING. THEY SHOULD DEVELOP SUCH A SYSTEM OF ONE TIME PASSWORD.
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37. sanjay baroda  Nov 20, 2007 12:17:27 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.
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36. jinishans  Nov 13, 2007 12:11:03 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.

VERY VERY GOOD ASPECT OF SHAREKHAN:
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
jinishans
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35. Prashanth  Nov 12, 2007 2:09:54 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 !!

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34. MANAV VIDHYARTHI  Oct 24, 2007 5:41:29 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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33. CHAUHAN L.R.  Oct 23, 2007 8:38:30 PM IST Reply
I am new to Sharekhan. Till now I consider it better than ICICI direct.com in areas of brokerage and fast trade terminal. Though I am told that ICICI gives on line banking full security as compared to sharekhan and others.The rep of Sharekhan Mr Sanjeev Chopra, Asstt. Manager very nicely explained me every bit of the trading while imparting training to trade on line to me. May God bless him with all success.
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32. Vekatramana  Oct 23, 2007 3:05:48 PM IST Reply
Sharekhan is the excellent Demat Account. They have got the best services to deliver as compared to ICICI Direct, Indiabulls or 5 paisa. I have experienced them all.
Sharekhan is too fast and excellent and brokerage also quite low. Fast Customer care services and Fine Dial and Trade service.
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31. Nishant  Oct 13, 2007 9:27:19 PM IST Reply
Sharekhan is too worst in customer service. sometimes it also fails when you make online transfer from your bank to dp account. The money will be debited from your bank and does not reeach your sharekhan account!! till you have huge free time to call ccustomer service (Almost a day!). And no wonder you miss your favourtie IPO. This happened twice to me. Wait for almost 1 hour when u call customer service and after that u get answer will be try our best at the end of the trading session. The story rrepeats for almost 2-3 days. And NEVER APPLY ONLINE IN MUTUAL FUNDS WITH SHAREKHAN. Even if it s NFO they will give you the units rate less.
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30. KK  Oct 3, 2007 7:18:09 PM IST Reply
worst i had seen in my life.

customer care service is worst of all..

Dont go for sharekhan later u will regret for doing so...
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29. Ajit Banerjee  Sep 29, 2007 1:49:21 PM IST Reply
Sharkhan IVR and Telephone customer care are not at all good. It is very difficult to connect these facilities.
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28. Piyush  Sep 13, 2007 12:02:27 PM IST Reply
any feedback on Geojit? They are offering a very cheap deal. 0.25% for trading and no initial charges. I need the feedback on the platform. If its OK then I might switch to it.
Please reply ASAP.
TIA
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27. B VINOD BABU  Sep 11, 2007 11:45:15 AM IST Reply
How can I open online trading with you and what is the initial payment.I have got demat and bank with ICICI but no online.They are taking more time for opening online and more formalities are being taking place since 07.06.2007.Kindly inform me with all details in my mail or 919435715159
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26. Ravinder kumar Yadav  Sep 3, 2007 10:43:41 PM IST Reply
Hi I am using speed trade for the past 26 months . its very good but at the time of huge sale it fails, second drawback is it disconnects u sometime without any reason .
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25. max  Aug 26, 2007 6:53:41 PM IST Reply
awsome...im using sharekhan classic account since 1 and half year....service was good...online ipo is also better one....their long term investment researche is mindblowing...also planning to swich form classic a/c to sharekhan speed trade....

want some information abt sharekhan speed trade ??? their charges ?? account opening charges , brokarages ? plz help
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24. tarandeep singh  Aug 19, 2007 4:23:01 PM IST Reply
I need to get online broking account opened.
Please suggest which service provider is best in terms of service and brokrage rates ... sharekhan or 5paisa.com or icicidirect or indiabulls or some other
thanks
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23. dp  Aug 17, 2007 6:28:20 AM IST Reply
I am customer of sharekhan from past 2 years.
Whenvever there is a sell off in market sharekhan will be down. Its even down on IPO subscription closing(last)days.

I dont know abt other online trading sites, but i feel sharekhan is not a good online trading site. Their trading platform is worst now a days (down time is more than up time)

Their customer chat application is a big joke :-)

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