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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 & 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.

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

Sharekhan offers its services to all kinds of customers including individual investors and traders, corporate, institutional and NRI's. As of Dec 2018, Sharekhan has over 17 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.

The new Sharekhan App is user friendly and has been redesigned keeping user's requirements in mind. Along with its fresh new look, it also offers extensive features for both traders and investors alike. Now, you can initiate trade easily, keep track of your stocks and manage portfolio, all in one place.

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.

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 Charges 2023

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs 0 (Free)
  • Trading Annual maintenance charges (AMC): Rs 0 (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:

  • Equity Cash Intra-day Trades: 0.10% on the buy side.
  • Equity Delivery Trades: 0.50% or 10 paise per share or Rs 16 per scrip whichever is higher.
  • F&O Trades: 0.10% on the first leg and 0.10% if squared off on any other day.
  • Options Trades: 2.50% or Rs 250 per lot on the premium (whichever is higher).
  • Currency Future: 0.10%.
  • Currency Options: 2.50% or Rs 30 per lot on premium (whichever is higher).
  • Commodity: 0.10%.

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 minimum 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.

 Equity CashFutureOptions
Margin SchemeLeg 1Leg 2DeliveryLeg 1Leg 2 (same day)Leg 2 (next day)Option (whichever is higher)
25,0000.10%0.10%0.50%0.10%0.02%0.10%2.50% or Rs 100 per lot
30,0000.10%0.00%0.50%0.10%0.00%0.10%2.50% or Rs 100 per lot
40,0000.09%0.00%0.45%0.09%0.00%0.09%2.25% or Rs 95 per lot
50,0000.07%0.00%0.40%0.07%0.00%0.07%1.50% or Rs 80 per lot
1 Lakh0.05%0.00%0.25%0.05%0.00%0.05%1.00% or Rs 70 per lot
3 Lakh0.04%0.00%0.20%0.04%0.00%0.04%1.00% or Rs 50 per lot
5 lakhs0.03%0.00%0.18%0.03%0.00%0.03%0.75% or Rs 40 per lot
10 Lakhs0.02%0.00%0.15%0.02%0.00%0.02%0.60% or Rs 30 per lot
20 Lakhs0.015%0.00%0.10%0.015%0.00%0.015%0.55% or Rs 25 per lot

Sharekhan Pre Paid Plans

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

  Equity CashFutureOptions
Amount (Rs)PeriodLeg 1Leg 2DeliveryLeg 1Leg 2 (same day)Leg 2 (next day)Option (whichever is higher)
7506 months0.10%0.00%0.50%0.10%0.00%0.10%2.50% or Rs 250 per lot
10006 months0.09%0.00%0.45%0.09%0.00%0.09%2.25% or Rs 238 per lot
200012 months0.07%0.00%0.40%0.07%0.00%0.07%1.50% or Rs 200 per lot
600012 months0.05%0.00%0.25%0.05%0.00%0.05%1.00% or Rs 175 per lot
1000012 months0.045%0.00%0.22%0.045%0.00%0.045%1.00% or Rs 150 per lot
1800012 months0.04%0.00%0.20%0.04%0.00%0.04%1.00% or Rs 125 per lot
3000012 months0.03%0.00%0.18%0.03%0.00%0.03%0.50% or Rs 100 per lot
6000012 months0.02%0.00%0.15%0.02%0.00%0.02%0.50% or Rs 75 per lot
10000012 months0.015%0.00%0.10%0.015%0.00%0.015%0.50% or Rs 63 per lot
20000012 months0.005%0.005%0.08%0.005%0.005%0.005%Flat Rs 25 per lot

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