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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

274 votes  Rate Sharekhan

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.1 stars Rated 2.9 stars Rated 3.7 stars Rated 3.4 stars
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491. janardan panday  Apr 8, 2018 22:07 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?
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490. Vinay S  Mar 24, 2018 19:26 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
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489. Santosh  Mar 26, 2018 23:29 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
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488. Shantanu Adhikary  Mar 25, 2018 14:09 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
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487. Sankar  Mar 18, 2018 16:13 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
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486. Nitin  Mar 17, 2018 23:00 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.
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485. vishal  Mar 17, 2018 16:34 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
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484. vijay  Feb 18, 2018 07:53 Reply
software is good but brokrage cost is high rate
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483. Bipan Kumar  Dec 28, 2017 11:45 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..
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483.1. ajendra  Feb 16, 2018 15:33
yes brokerage is more high as compare to others .
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482. Pooja Kumari  Feb 15, 2018 14:06 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
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481. Govind  Feb 6, 2018 21:11 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
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480. Saddam Hussain  Feb 2, 2018 16:57 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
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479. abhishek  Jan 24, 2018 20:30 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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478. Charudatta  Jan 23, 2018 13:48 Reply
AMC is more. Holding charges is high. SHAREKHAN mobile application is complicated.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Average
Overall Experience - Average
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477. Sandesh  Jan 12, 2018 22:56 Reply
Sharekhan has a minimum brokerage policy which is Rs. 16 per SELL Delivery.
This is a hidden cost i.e. any SELL value less than Rs. 3200 will attract Rs. 16 brokerage.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Average
Overall Experience - Below Average
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476. Ritesh  Mar 22, 2017 12:33 Reply
Sharekhan really levies charges to the core. I strongly advise you to open an account with the discount brokers. Never think about Sharekhan.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Average
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475. Deepakbhai Patel  Jan 11, 2018 15:51 Reply
Sir , Can i apply online for upcoming IPO with my both Demat Accounts ( Same Name ) at different Brokers ???
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474. Venu  Jan 7, 2018 18:00 Reply
Moved from ICICI Direct to Sharekhan, For trading the latest version of Website is equally good as ICICI Direct, the brokerage is much better than the earlier. Mobile App is just above average

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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473. Virender  Nov 18, 2017 20:44 Reply
Sir I am Virender Yadav to know brokerage charges of long term share like urjaglobal shar approx 2 to 3 years
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472. kamal kishor  Dec 21, 2017 20:05 Reply
Hi sir,

I want to trade in share market but I don''''''''t have demat account and I want to open my demat account with sher khan Ltd. I don''''''''t have any idea how to open the account so please guide me as soon as possible. but i don''t know how to purchase and sale share.

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