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 Sharekhan Stock Trading, Demat, Brokerage and Reviews

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.

India Share Broker Rating

Sharekhan Share Broker
Rated 3.59/5 based on 166 customer reviews
Overall Rating Fees Brokerage Usability Customer Service
Rated 3.6 stars Rated 3.2 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 2015

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.)

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 (which ever is higher).

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

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.

Contact Sharekhan / Request Call Back

Name:Phone #:
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.

Sharekhan Complaints Recieved at BSE / NSE:

Number of customer complaints lodged against share broker Sharekhan:

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2014-15 1,236,919 18
NSE 2014-15 321,725 89
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.

Broker complaints in India - Year wise complaints recieved by exchange

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

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About this review:
Title: Sharekhan Stock Trading, Demat, Brokerage and Reviews
Author: Chittorgarh.com Team
Date published: 12/29/2014 1:23:00 PM
Category: Stock Broker
Rating: 3.59 out of 5
Votes: 166

Sharekhan Reviews


412. ankit  Mar 8, 2015 9:09:51 AM IST |  Reply 

I want to open a dmat a/c please friends advice me which broker co. will b better for me as I m new in trading..

411. Rupesh Ranjan  Feb 17, 2015 12:15:11 PM IST |  Reply 

I want to withdraw my account,as i am not trading so far.kindly close my trading account as soon as possible.

410. RAVI  Feb 10, 2015 3:18:48 PM IST |  Reply 

Sharekhan is one of the best Broker if any. Excellent Trade Tiger Software, Share Mobile App, Classic Website, Online Trading, Better option for Investment. Zero account opening charges. Brokerage as per Convenience of Client. Once you start with sharekhan, nothing to see behind in your life.

409. Ravi  Feb 4, 2015 4:54:55 PM IST |  Reply 

Sharekhan is the best online portal since started. very simple to understand and for even for new beginner trader as well as any intra-day traders.

409.1. kmr  Feb 4, 2015 10:21:08 PM IST | 

Hi ravi

I want to open an account can u share your no as I want to know about ur experience

408. Santokh  Jan 21, 2015 6:45:44 PM IST |  Reply 

Dear Sir, I did not get pass word information. Kindly send me the pass word.

I will be thankful to you

With regard

407. Subhani T  Dec 12, 2014 10:43:56 AM IST |  Reply 

i want to open Demate account contact me urgent

406. Partha  Nov 8, 2014 7:22:23 PM IST |  Reply 

Dear abhigyan Trade Tiger software is absolutely free whichever your brokerage is.

405. abhigyan roy  Oct 18, 2014 10:48:01 AM IST |  Reply 

sir, i have heard.if my total tradingbrokerage rs 1000 p.m,then trade tiger sofware will be absolutely free, otherwise it will be chargeable. is it right? plz answer.

404. Vasudev HareKrishna  Oct 7, 2014 12:04:16 PM IST |  Reply 

dear friends sharekhan is also a good service providers, regarding brokerage they have already mentioned in their website, any issues more or less in brokerage they will sort the issues, first before entering to this we should know their terms and conditions, as per my opinion they give a fair service.

403. debendra nath chatterjee  Sep 21, 2014 2:38:07 PM IST |  Reply 

Excellent brokerage system.
very strong software.
very quick service.

403.1. lowest brokerage   Feb 7, 2015 12:01:23 PM IST | 

Equity Cash Intraday                        
> Equity Cash Delivery                           
> Equity Futures (Intraday & Carry forward 
> Equity Options                                   Rs 15/Lot/Side
>Index Options Rs 10/Lot/Side
> Currency Future & Options                                         :               Rs 10/Lot/Side
> Commodity (Intraday & Carry forward)   0.015%    
For free dmat & trading account please reply to Email

402. Sahil  Aug 30, 2014 1:18:19 PM IST |  Reply 

Hi i want to open new account with share khan but plzzz anyone can tell me what is the minimum brokerage of share khan 10 pesa per share or 16rs and what''s the Transactions charges?

401. Anita Gupta  Aug 23, 2014 10:27:01 PM IST |  Reply 

Their Boys at branches trade more and more and calling you many times, they book high losses and trade once more only for getting more and more brokerages. This way they lose your principal amount.


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

400. SHAILESH  Aug 14, 2014 4:16:36 PM IST |  Reply 


400.1. Shri  Sep 16, 2014 5:34:35 PM IST | 

your money from sharekhan my friend

399. Mohmmed Dilshad  Aug 6, 2014 2:25:59 PM IST |  Reply 

Dear I Want to branch contact no sec-14 Gurgaon

398. sekar  Jun 28, 2014 11:54:18 AM 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.

397. idimutti  Jun 28, 2014 11:46:14 AM 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.


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

396. sathyaraj  Jun 28, 2014 11:44:38 AM 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


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

395. manikannan  Jun 28, 2014 11:39:28 AM IST |  Reply 

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

395.1. Rachit  Sep 22, 2014 5:15:33 PM IST | 

That happens only once in a while. Otherwise, it is working good and nice, if you have a good internet service.

394. manikannan  Jun 28, 2014 11:35:08 AM IST |  Reply 

INDIA''S worst broker for day traders

393. rahul  Jun 5, 2014 8:41:18 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

393.1. Satish Kumar  Jun 13, 2014 10:24:56 AM IST | 

YES they have and I am also using it.

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