Sharekhan Review, Rating and Account Opening Charges
Sharekhan
Some Important Key Points about this Broker:
| Broker Name | Sharekhan |
|---|---|
| Official Website Link | sharekhan |
| Incorporated | Membership Details | Year 2000 | NSE: Capital Market (CM) - INB231073330, Future & Options (F&O) - INF231073330, Currency Derivatives (CDS) - INE231073330 BSE: Capital Market (CM) - INB011073351, Future & Options (F&O) - INF010752039 MCX-SX CDS : INE261073330, NCDEX : NCDEX/TCM/CORP/0142, MCX : MCX/TCM/CORP/0425 Depository Participant : NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004 |
| Registered Head Office Address | Sharekhan Limited Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai – 400042 |
| Customer Care Number and Email | 1800-22-7500; igc@sharekhan.com |
| Supported Exchanges | BSE, NSE, MCX, MCXSX and NCDEX \ NSDL& CDSL |
| CEO & Founders | Shripal Morakhia |
| Instant online A/C Opening ? | Yes Paperless Account |
| Account Opening Charge | ₹ 1000 |
| Annual Maintenance Charge | ₹ 450 |
| Equity Delivery Brokerage | min ₹ 20 to 2.5% |
| Equity Options Brokerage | ₹ 100 per lot to 2.5% on premium |
| Equity & Future Intraday Brokerage | min ₹ 20 to 2.5% |
| Important Brokerage Plans | Trade Tiger Account , Classic Account |
| Leverage | Exposure Details | upto 10times for Intraday and 5 times for delivery |
| Commodity Brokerage | 0.1% |
| Free Equity Investment |  |
| Allow Mutual Fund Investment ? |
 |
| DP Transaction Charge | EQUITY delivery & intraday : 0.00325% per Turnover , Equity Future : 0.00190% , Equity Option : 0.05% , Currency Future : 0.001% , Currency Option : 0.04% |
| Digital Contract Notes by Email |
|
| Available on Platforms | Sharekhan Android App, iOS App , Sharekhan Mini & Windows Trading Software |
| Other Services Offered by Broker | Equity Currency Trading ,Mutual Funds SIP Bonds, IPO Portfolio Mgmt. Service,Trade NRI Services |
| Stock Market Education Tutotials | Stock Market Basic help guides available |
| Daily Online Trades Reports | Yes |
| Branch Offices | 150+ Branches |
| Call & Trade Charge | Free |
| 3-in-1 Account | NOT AVAILABLE |
| Average Number of Active Clients | 4,76,036 by Nov 2017 |
| Latest Info. on Complaints % at NSE | 0.01% of total Active Clientele ,Reported NOV 2017 for FY 2017 |
| Stock Market | |
| NRI Investing and trading |
|
| IPO Facility |
|
| Overall Score | 50/100 |
Pros
- Call&Trade Is Free
- Trade tiger trading platform
- Networks Of Branches in most Cities
Cons
- High Brokerage
- No 3-in-1 Account
- Minimum Brokerage there
Final Verdict
If you are a person who trades regularly, then Sahrekhan might not be the ideal choice for you. The reason being, in Sahrekhan’s Intraday trading traders may end up paying huge brokerage charges to the full service broker, which, in turn, may consume your profits dearly.
However, for people who are on the lookout for the most reputable and trusted stock broker that has a great history and do not mind paying premium brokerage, Share khan can be the best fit.
Hello!!
I want to open my account here what to do but problem is that now I am in uae so how can open my trading account and demait account here
you have to provide PAN and Aadhar card details and copy to the broker. Also, details of the bank account that you want to link with the Demat a/c for transfer of funds. Most of the of the things can be done online.
I have to open anew demat a/c on line,what to do,pl let me know the details
Thanks
I have already account in Sharekhan ,
But I want to forgotten my id and password
Please contact me as soon as possible
how much do u charge as brokerage for intraday……..
Less my brokerage intraday
worst company i have every interacted….useless staff and poorest response. they take more than 15 days to check and reject address change request that to notification without any reason. Waste of time. I must mention, DO NOT EVER DEAL WITH SHAREKHAN.
sharekhan sold the pleged shares of clients without prior intimation. Also changed the brokerage rate silenltly without prior intimation.
Recmend ,,,,, do not open a/ c with sharekhan.