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 Sharekhan Stock Trading, Demat, Brokerage and Reviews



Incorporated in February 2000, Sharekhan is India's 2nd largest stock broker providing brokerage services through its online trading website Sharekhan.com and 1950 Share shops which includes branches & Franchises in more than 575 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 has over 10 lakh retail and institutional customers.

Sharekhan.com is the finest investment portal for India stock market. The well designed website provides wide range on investment options, latest stock market updates and many tools for investors.

Sharekhan also offers 'Sharekhan TradeTiger', one of the most popular trading terminals, for retail investors. The TradeTiger 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 advices, 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.

Sharekhan Rated 3.58 / 5 based on 144 customer reviews

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.6 stars Rated 3.1 stars Rated 3.1 stars Rated 3.9 stars Rated 3.6 stars Rate Sharekhan

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 Brokerage Charges 2014

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account)
  • Trading Annual maintenance charges (AMC): Rs 400 (First year remains free)
  • 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.)

Trading Brokerages

  • 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 (which ever is higher).

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 Leg1 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

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.
  • Visit one of the Sharekhan branches. They have branches all over India. Visit Sharekhan Branch Locator to find the nearest branch.
  • You can send them an Email on info@sharekhan.com to know about their products and services.
  • If you wish to chat with customer service representative, you can join the chat sesssion.

Contact Sharekhan / Request Call Back

Name:Phone #:
Email:City, State:
Are you a day trader?

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.

Useful links about Sharekhan

  1. Contact Sharekhan for trading & demat account.
  2. Sharekhan Website: www.sharekhan.com
  3. Email: info@sharekhan.com
  4. Phone: 022-6115 1111
  5. Toll Free: 1-800-22-7500

Enquiry Form

(Note: Information Last Updated: 7/18/2014 7:51:00 PM)

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Sharekhan Reviews

        

399. sekar  Jun 28, 2014 12:54:18 PM IST |  Reply 

they say that they will charge 0.1% as broking commison but they charge 0.38 paise for each share you buy and sell .

suerly we wil lost our monwy with them. so please check more than 4 or 5 times.

don''t belive thier news seeing above. Make a research about them .If not surely you will lost your money with them.

398. idimutti  Jun 28, 2014 12:46:14 PM IST |  Reply 

There are other DP who offer lower brokerage and better service.
They would make hell out of you when you go for closing the account.

Ratings:

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

397. sathyaraj  Jun 28, 2014 12:44:38 PM IST |  Reply 

Very worst customer service. Your call will be never connected to their customer service. They will charge you minimum of more than 2500 per year including AMC and
Demat charges even if you are not doing any transactions.

Don''''t select Sharekhan

Ratings:

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

396. manikannan  Jun 28, 2014 12:39:28 PM IST |  Reply 

Sharekhan is the costliest of all brokers and very poor website..keeps on logged out within minutes only during market hours

395. manikannan  Jun 28, 2014 12:35:08 PM IST |  Reply 

INDIA''S worst broker for day traders

394. rahul  Jun 05, 2014 9:41:18 PM IST |  Reply 

i have just opened a a/c with them i want to know wether they have tie up with YES BANK for funds transfer or not.please reply ASAP.thanks

394.1. Satish Kumar  Jun 13, 2014 11:24:56 AM IST | 

YES they have and I am also using it.

393. James  Jun 03, 2014 5:11:13 PM IST |  Reply 

Let me know good service and less brokerage company.... Equity shares of Intraday/BTST.

I will be using 50K per month.

392. prem  Jun 03, 2014 5:08:47 PM IST |  Reply 

I am new to share market but what i see that share khan is more trusted than other . They are a custmer oriented company . Though in some point they charge more but theire service is excellent .

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

391. raju jaiswal  May 20, 2014 8:02:25 AM IST |  Reply 

Hi this Raju Jaiswal frnds I will have to plan some investment in sharekhan but don''t have any idea regarding the investment .so plz suggests me weather I investment or not give some idea regarding the investment.

390. bhanu  Apr 25, 2014 11:08:57 AM IST |  Reply 

Sharekhan brokerage charges is too high whether compared to others I got loss in trading with Sharekhanttheydeduct high charges even I got profit

389. zfsdfs  Apr 13, 2014 2:01:56 PM IST |  Reply 

Beginners and who ever making loss in stock market should check their eligibility first

fiis.in/stock-eligibility-calculator

388. Saurabh Garg  Mar 31, 2014 8:06:59 PM IST |  Reply 

Sharekhan is the costliest of all brokers and very poor website..keeps on logged out within minutes only during market hours

Ratings:

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

387. shylaja kiran  Mar 16, 2014 12:00:18 AM IST |  Reply 

Hi guys, im shylaja from andhrapradesh. People are give awsome service and that is the reason to close my account on mar6/2014. First enter then experience, after that...... Just see...

386. Mihir Jasani  Jan 29, 2014 5:53:51 PM IST |  Reply 

Awesome service....

Specially, Trade Tiger and Sharemobile...

386.1. Arun Kumar  Feb 04, 2014 5:14:23 PM IST | 

Hi,

Mihir Jasani i want to open an trading account with sharekhan since you are using its platform can you tell me the good and bad with sharekhan

385. naval  Jan 19, 2014 12:17:01 AM IST |  Reply 

Brokerage charge is very discouraging ,i bought share 551 rs per share at execution price but in my portfolio it shows 555 rs per share which includes brokerage and STT. Same will be charged again when i sell my shares so more that 1% money lost in brokerage in buy and sell.
Soon going to try other online traders

385.1. Mihir  Jan 29, 2014 5:56:31 PM IST | 

Hii Naval,

I used to face the same problem with Sharekhan. But, i contacted my branch asking for help and they did reduced it for my comfort.

I suggest you to contact your nearest branch.

384. Mihir Jasani  Jan 14, 2014 10:14:28 AM IST |  Reply 

One of the best broking firm of the recent times with customer service at its best in the industry. ALso, Trade Tiger, one of the best revolutionary trading platform which can compete ODIN terminal of NSE. With its speed and features, it the best terminal in the industry.

Thank you.

383. Subhash Biradar  Jan 11, 2014 4:25:50 AM IST |  Reply 

One of the worst service providing share khan branch at sec 14 gurgaon. Always making fool. I realy like to contine u with sharekhan but due to miss communication and there is no proper clarificatiion due to which i am closing my account.
Sec 14 Gurgaon branch - dont know what to say i dont have words appart form worst worst service.

Ratings:

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

382. Anil  Jan 07, 2014 9:50:41 PM IST |  Reply 

How much is the brokage charge on delivery based for buying & selling?

381. T Mohan Krishna  Nov 13, 2013 1:03:45 PM IST |  Reply 

i have bought 1L shares of values 9k and now i can see Sharekhan has charged me 11K for that transaction. I am really disappointed to know that Sharekhan has charged me 122% of the value that i bought.

380. Sandesh  Oct 31, 2013 5:17:44 PM IST |  Reply 

Hi,

I have a demat account with ING Vysya bank. I am planning to open a account with Sharekhan and move my shares worth 6laks into it. will I be charged for it? Please let me know.

Thanks
Sandesh

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