Free Trading + Demat Account

Sharekhan Stock Trading, Demat, Brokerage and Reviews 2018


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 & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has international presence in the UAE and Oman.

Sharekhan offers its services to all kinds of customers including individual investors and traders, corporate, institutional and NRI's. As of Dec 2014, Sharekhan has over 13 lakh customers. Sharekhan offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX. Sharekhan also offer depository services (demat account) and option to invest in mutual funds and IPOs.

Sharekhan.com is the finest investment portal for India stock market. The well designed website provides wide range on investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much more.

Sharekhan also offers 'Sharekhan TradeTiger', one of the most popular trading terminals, for retail investors. The Trade Tiger is quite similar to Broker Terminal and allows frequent traders to place and execute their orders at a high speed. It also provides live data and other tools on the same screen to help the users with their trades.

Sharekhan's 'ShareMobile' platform offers trading facility though mobile application. Mobile apps are available for popular iPhone, iPad, Blackberry, Android and other phones.

Services offered by Sharekhan include trading in equity, F&O and Commodity and investment in IPO's, Mutual Funds, Insurance, Bonds and NCD's. Company also provide Sharekhan Demat Account and registered as a depository participant with NSD and CDS.

Sharekhan offers verity of accounts to suite customer requirement. These accounts include Sharekhan First Step Account, Sharekhan Classic Account, Sharekhan Trade Tiger Account and Portfolio Mgmt Services (PMS) though Sharekhan Platinum Circle Account.

Sharekhan has its own research teams which regularly publishes investment advice, stock tips, quarterly company result analysis and news alerts to its customer though email, SMS and on Sharekhan.com. Sharekhan has an excellent knowledge center on its website to help stock and commodity market investors of all kind. It also offers free online and classroom seminars / workshops to investors. Each Sharekhan Accounts comes with online and in-person help from Sharekhan representative.

Special Offer: Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Get the offer.

Sharekhan Rating (by the customers)

261 Votes

Overall Rating Rated 3.4 stars 3.4/5
Fees Rated 3.1 stars 3.1/5
Brokerage Rated 2.9 stars 2.9/5
Usability Rated 3.8 stars 3.8/5
Customer Service Rated 3.4 stars 3.4/5

Do you trade with Sharekhan? Rate Sharekhan

Information about Sharekhan account opening, Sharekhan open account, Sharekhan opening charges, Sharekhan account opening charges, Sharekhan account opening status, Sharekhan amc charges, Sharekhan account charges, Sharekhan account closure

Account Types

1. Classic account

Allow investor to buy and sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.

  1. Online trading account for investing in Equities and Derivatives
  2. Free trading through Phone (Dial-n-Trade)
    1. Two dedicated numbers for placing your orders with your cellphone or landline.
    2. Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers)
    3. Simple and Secure Interactive Voice Response based system for authentication
    4. get the trusted, professional advice of our telebrokers
    5. After hours order placement facility between 8.00 am and 9.30 am
  3. Integration of: Online trading + Bank + Demat account
  4. Instant cash transfer facility against purchase & sale of shares
  5. IPO investments
  6. Instant order and trade confirmations by e-mail
  7. Single screen interface for cash and derivatives

2. TradeTiger account

This is a net based executable application for active traders who trade frequently during the day's trading session. Following are few popular features of Trade Tiger account.

  1. A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX
  2. Multiple Market Watch available on Single Screen
  3. Hot keys similar to a traditional broker terminal
  4. Tie-up with 12 banks for online transfer of funds
  5. Different tools available to gauge market such as Tick Query, Ticker, Market Summary, Action Watch, Option Premium Calculator, Span Calculator
  6. Graph Studies are available including Average, Band- Bollinger, Know SureThing, MACD, RSI, etc

Sharekhan Special Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Sharekhan Brokerage Charges 2018

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account)- charges fully adjusted against first 6 months brokerage.
  • Trading Annual maintenance charges (AMC): Nil
  • Demat Account Opening Charges (One Time): Included in trading account opening charges
  • Demat Account Annual Maintenance Charges (AMC): Rs 400 (Free for 1st year with trading account.)

Sharekhan Trading Brokerages Charges:

  • Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
  • Delivery Based Trades: 0.5% or 10 paise per share or Rs 16 per scrip whichever is higher.
  • F&O Trades: 0.1% on the first leg and 0.02% on the second leg if squared off on the same day and 0.1% if squared off on any other day.
  • Options Trades: Rs 100 per contract or 2.5% on the premium (whichever is higher).
  • Currency Future: 0.1%.
  • Currency Options: Rs 30 per lot or 2.5% on premium (whichever is higher).
  • Commodity: 0.1%.

Sharekhan Minimum Brokerage Fee:

  1. For Intra-day Trades: Sharekhan charges minimum brokerage of 5 paise per share. This means that while doing intraday trading if the share price you trade in is Rs 50 or less, a minimum brokerage of 5 paise per share will be charged.

  2. For Delivery Based Trades: Sharekhan charges minimum brokerage fee of 10 paise per share. This means; for delivery based trades minmum brokerage of 10 paise per share is charged when the share price is Rs 20 or less.

  3. Minimum DP charges: DP charges of Rs 16 per scrip is charged when the total traded value is Rs 3200 or less in case of sell transaction.

Sharekhan Post Paid Plans

Sharekhan offers following post paid plans. To get the offer customer has to deposit the margin money with Sharekhan based the plan they choose. The brokerage reduces as the margin money is high.

Margin Scheme Cash Leg 1 Cash Leg 2 Delivery Future Leg 1 Future Leg 2 same day Future next day Option
25 K 0.1 0.1 0.5 0.1 0.02 0.1 Higher of 2.5% of premium or Rs 100
30 K 0.1 0 0.5 0.1 0 0.1 Higher of 2.5% of premium or Rs 100
40 K 0.09 0 0.45 0.09 0 0.09 Higher of 2.25% of premium or Rs 95
50 K 0.07 0 0.4 0.07 0 0.07 Higher of 1.5% of premium or Rs 80
1 Lakh 0.05 0 0.25 0.05 0 0.05 Higher of 1% of premium or Rs 70
3 Lakh 0.04 0 0.2 0.04 0 0.04 Higher of 1% of premium or Rs 50
5lakhs 0.03 0 0.18 0.03 0 0.03 Higher of 0.75% of premium or Rs 40
10 Lakhs 0.02 0 0.15 0.02 0 0.02 Higher of 0.60% of premium or Rs 30
20 Lakhs 0.015 0 0.1 0.015 0 0.015 Higher of 0.55% of premium or Rs 25

Sharekhan Pre Paid Plans

Sharekhan offers following pre paid plans. The plans are available for 6 month and 1 year as shown below:

Amount (Rs) Period Cash Leg 1 Cash Leg 2 Delivery Future Leg 1 Future Leg 2 same day Future next day Option Intraday transaction Delivery transaction
Default   0.1 0.1 0.5 0.1 0.02 0.1 Higher of 2.5% of premium or Rs 100    
750 6 months 0.1 0 0.5 0.1 0 0.1 Higher of 2.5% of premium or Rs 100 7,50,000 1,50,000
1000 6 months 0.09 0 0.45 0.09 0 0.09 Higher of 2.25% of premium or Rs 95 11,11,111 2,22,222
2000 Annual 0.07 0 0.4 0.07 0 0.07 Higher of 1.5% of premium or Rs 80 28,57,143 5,00,000
6000 Annual 0.05 0 0.25 0.05 0 0.05 Higher of 1% of premium or Rs 70 1,20,00,000 24,00,000
18000 Annual 0.04 0 0.2 0.04 0 0.04 Higher of 1% of premium or Rs 50 4,50,00,000 90,00,000
30000 Annual 0.03 0 0.18 0.03 0 0.03 Higher of 0.75% of premium or Rs 40 10,00,00,000 1,66,66,667
60000 Annual 0.02 0 0.15 0.02 0 0.02 Higher of 0.50% of premium or Rs 30 30,00,00,000 4,00,00,000
100000 Annual 0.015 0 0.1 0.015 0 0.015 Higher of 0.55% of premium or Rs 25 66,66,66,667 10,00,00,000
200000 Annual 0.005 0.005 0.08 0.005 0.005 0.005 Flat Rs 10 2,00,00,00,000 25,00,00,000

Get detail about Sharekhan pricing, Sharekhan brokerage calculater, Sharekhan brokerage, Sharekhan plans, Sharekhan brokerage review, Sharekhan brokerage plans, Sharekhan fund transfer, Sharekhan intraday brokerage, Sharekhan charges, Sharekhan charge list, Sharekhan charges calculator, Sharekhan prepaid brokerage plans, Sharekhan yearly charges, Sharekhan fees, Sharekhan yearly maintenance charge, Sharekhan option brokerage and Sharekhan trading charges.

How to open account with Sharekhan?

For online trading with Sharekhan, investor has to open an account. Following are the ways to open an account with Sharekhan:

  • Drop your phone number and Sharekhan Customer Service Executive will call you back for trading & demat account.

Get information about Sharekhan broker, Sharekhan branches, Sharekhan sub broker, Sharekhan support, Sharekhan customer care, Sharekhan user reviews, Sharekhan user manual, Sharekhan website, Sharekhan review and Sharekhan toll free number

Contact Sharekhan / Request Call Back

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Sharekhan Pros and Cons

Sharekhan Advantages

  1. Sharekhan offers different trading platform to suite customer requirement. This includes online browser based trading, Installable terminal, mobile, call n trade and in-person trade though branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas are available with them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from bank account and Funds Pay-out to bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the dp account is free.
  6. Sharekhan has India-wide network of branches. You can find surly find a Sharekhan in your neighborhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposit as collateral for future and option trading.

Sharekhan Disadvantages

  1. Sharekhan doesn't offer 3-in-1 account as they don't provide banking services.
  2. They brokerage charges are % based which are higher in comparison to flat fee brokers.
  3. They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below 20 rs. (If you trade, you will loose majority of your money in brokerage).
  4. Facility to place orders after trading hours is not available.
  5. Classic account holders cannot trade commodities.

Sharekhan Complaints received at BSE / NSE:

Number of customer complained against Sharekhan share broker. The Sharekhan consumer complaints provide the summary of grievance which went to exchange for resolution.

Sharekhan consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
BSE 2016-17 106,249 7
NSE 2016-17 350,509 86
BSE 2015-16 131,690 29
NSE 2015-16 335,843 159
BSE 2014-15 82,092 34
NSE 2014-15 342,592 141
BSE 2013-14 1,182,390 43
NSE 2013-14 274,777 142
BSE 2012-13 1,129,261 42
NSE 2012-13 1,125,128 126
BSE 2011-12 1,044,117 86
NSE 2011-12 1,033,963 173

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about Sharekhan

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Sharekhan Reviews

avatar
575. MOHAMMED ALI  Apr 23, 2018 11:33:58 PM IST Reply
I like share khan because it is a excellent trading ?? experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
574. KPD  Apr 19, 2018 4:47:49 PM IST Reply
I am Customer of Sharekhan (Borivali), I am unable to login my online account since 15 days. I had also made Request for change in Mobile number but was rejected with immaterialistic reason. After doing so many calls to Branch and Customer Executive Department there is no satisfying response. Also Customer Executive Team and Branch Members was found untrained, unupdated and bluffing with false solutions .

Experience with Sharekhan is now getting very very worst and frustrating. Also they have no Concern for their Customer and their grievances. It seems that there are no genuine executives available with them to solve the Customers problem.

I am highly dissatisfied and will never refer anyone to SHAREKHAN
avatar
573. Vilas  Apr 16, 2018 10:30:47 PM IST Reply
I had account in Sharekhan ...And I was told that option charges are low and will be max 100 rs per lot .....I was booking profit around 1000 rs and square off my deliveries and was finding my balance going low and low ...I asked them to check my trading charges after a long time and now they are saying that it's 2.5% on option.....It means 2500 charges on one lakh premium and while square off again 2500 ....And now they say it's default settings .... I had lost lot of money in brokerage .....I was cheated ....Plz confirm your charges ...Now they don't won't to answer about this charges...Other brokerage house charge only twenty to fifty rupees ....Plz exit from this type of cheaters
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572. nitish  Apr 16, 2018 12:16:07 PM IST Reply
if someone want gud services and discount brokerage at minimum 80-90% rate,,, so go for easy and smooth trade to trading bells,,,,want whole details contact my broker no.8305977434
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571. janardan panday  Apr 8, 2018 10:07:06 PM IST Reply
Very very poor and cheating experience in the maintenance of MF SIP ledger which is showing debit from may 2017 despite of the purchases executed against transfer of money every month.In march 2018 transferred amount was adjusted partially against so called debit after 10 months.Mails seeking details of the so called debit is not replied despite various reminders.Customer care is useless and says will reply after the reply of MF departement.All executives at CC gives different reply of same question.No system to complain or appeal.Customer is totally helpless once the fault is committed by the sharekhan.No redressal system is present in house.No hierarchy is available to complain. No action or consideration on advice given om Feed. Finally no option except stop the further SIP and fight for the illegally adjusted amount.Change of the broker is another option but.God save in future from sharekhan.Can any body suggest any transparent share broker to change and transfer all scrips apart from closing account?
avatar
570. Vinay S  Mar 24, 2018 7:26:21 PM IST Reply
I have been Sharekhan's customer since 2006-07 time frame. Of late they have started cheating and try to extract money from you in the form of penalty and other ways. I specifically want to highlight two points,

1. When we transfer amount from our bank account to Sharekhan amount, the transaction goes through fine with out any errors. But amount doesn't appear in the Sharekhan's account (it's suppose to appear immediately). They keep it till end-of-business day and revert it back. If we call customer care they just say "we are sorry as there was some technical problem" money will refunded by EoD"..... this is happening quite frequently.
Just think, they might be doing this to many customers, free money for one day at least.

2. They some how create a situation that you end up having a -ve balance and then impose patently on that.

Their customer service is of no use, they are arrogant and have no powers to solve issue favoring customers.

Stay away from this DMAT provider.


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
569. Santosh  Mar 26, 2018 11:29:50 PM IST Reply
Service provided by Sharekhan is poor.I have submitted account closing form to the branch. But from last 3month they have not closed my account.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
568. Shantanu Adhikary  Mar 25, 2018 2:09:26 PM IST Reply
Hi ,
I was interested to open account along with sherkhan and after showing the interest their jamshedpur 4 numbers representatives came to meet me , The persons has no adequate knowledge and they were unable to convince any customer, all the persons has there own opinion. They have not discussed regarding any hidden cost and just shared the brokerage charges.
After two days they again came to visit me to get sign in all the documents as per their requirement and asked for a cheque of Rs. 1000 as opening fees , lateron they have confirmed that no initial charges are required. Also not share the Demat account maintenance charges.

Any way the very same day after hearing that I don't required to pay opening fees I called for the formalities and the person concerned rudly asked me to come to their office for account opening , being a physically handicapped I could not do the same

There services are really very poor as well as the rep. has lack of knowledge as well as convincing power to attract the customers.

Their brokerage charges are also more in comparison to others , I will suggest not to opt for this brokerage firm
avatar
567. Sankar  Mar 18, 2018 4:13:33 PM IST Reply
Very worst customer service on chennai guy name Bala Sharekhan Alwarpet they asked me to come and open a commodity account I went with all documents cheques they told once I reach they went somewhere else for meeting and no account opening forms available very poor. I lost my car petrol alone

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
566. Nitin  Mar 17, 2018 11:00:35 PM IST Reply
Sharekhan brokerage for f and o is too high. 100 rs per lot is to much. If you want to earn small amount of profit say 200 to 300 rs the its problamatic. 100 rs lot plus tax it''s goes around 131 rs.
avatar
565. ronak  Mar 17, 2018 6:56:13 PM IST Reply
Good broker to trust

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
564. vishal  Mar 17, 2018 4:34:29 PM IST Reply
poor customer service
branch indore is soo cheap and ghatiya service
ravi somani has no improve services because he own has build this thpe service

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
563. vijay  Feb 18, 2018 7:53:36 AM IST Reply
software is good but brokrage cost is high rate
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562. Bipan Kumar  Dec 28, 2017 11:45:24 AM IST Reply
Sir . Mera allready zerodha mein account hai .but Usme mujhe stamp duty jyada hai .so I want to close my account and open a new account.
Can u tell me what is stamp duty of Himachal pradesh..
avatar
562.1. Harsh  Jan 9, 2018 1:37:30 PM IST
Bhai Sharekhan is not preferable broker. plz don''t open your account at Sharekhan.
There are no any service.
avatar
562.2. ajendra  Feb 16, 2018 3:33:30 PM IST
yes brokerage is more high as compare to others .
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561. Pooja Kumari  Feb 15, 2018 2:06:27 PM IST Reply
This message is authorized to whomsoever it may concern I am a research scholar from Delhi school of economics and researching on individual retail traders .. I need data of Indian retail investors from your firm can you help me in this regard
avatar
560. Govind  Feb 6, 2018 9:11:28 PM IST Reply
option trade rate is too high..... compare to other companies

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Average
Overall Experience - Below Average
avatar
559. SADDAM HUSSAIN  Feb 2, 2018 5:03:12 PM IST Reply
SHARE KHAN IS A EXCELLENT SERVICES FOR THE CUSTOMER

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
558. Saddam Hussain  Feb 2, 2018 4:57:18 PM IST Reply
Dear Sir/Madam
my name is Saddam Hussain i have already a demant a/c in share khan. I am daily learn in online share khan active training cell . i know the basic of technical analysis.
sir, i want to start my career. I want to work in share khan. its my dream and my goal to work in stock market .is this possible
if you have any vacancies or opportunity
sir please call me 8697153262
avatar
557. rantham  Jan 30, 2018 9:56:46 PM IST Reply
Good service and good terminals provided by sharekhan

thanking you

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
avatar
556. abhishek  Jan 24, 2018 8:30:25 PM IST Reply
i request to all person don t use share khan service is not good side is very slow.daily
mare 2lakh see 3 lakh ha jub ke

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

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