Sharekhan Review


● Sharekhan is the 3rd Largest broker of India after Zerodha and ICICI Direct. Currently Sharekhan have 5,82,000 Active clients as per NSC.

● It is incorporated in 2000.

● Offers trading in all the segments like Equity, Delivery, Future & Option, Derivatives on BSC and NSC and clients can do trade at MCX and NCDX.

● Along with all,it also offers to invest in Mutual Funds Insurance, Bonds and NCD's and IPO.

● Provides services to all type of investors though its website like research and tips ,investment options, share market news, research reports, stock quotes, fundamental and statistical info for investing in shares.



Brokerage Charges

● Equity Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.

● Equity Delivery Based Trades: 0.5% or 10 paise per share or Rs 16 per scrip whichever is higher.

● Equity 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.

● Equity Options Trades: Rs 100 per contract or 2.5% on the premium (whichever is higher).

● Currency Future: 0.1% .

● Currency Options: Rs 30 per lot or 2.5% on premium (whichever is higher).

● Commodity: 0.1%.



Trading Margin

● Intraday Trading - Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)

● Equity Delivery Trading - Upto 2 times for Intraday

● Futures Intraday Trading - No Leverage

● Currency futures - No Leverage

● Currency Option - No Leverage

● MCX -Upto 2 times for Intraday



Platform


Sharekhan Trade Tiger

● Trade Tiger is a trading Terminal in hybrid cloud based software.

● It is very high in speed for placing orders and having all advance and technical tool that helps in seamless and smooth trading and investment the .

● It offers with many features like...

● Provide instant fund transfer from 14 National Banks.

● Hybrid cloud based software

● High quality of charts.

● Research and tips access .

● High speed order placement facility.

● Customise Alert and notification of stock market


ShareKhan Mobile

● It is a mobile application of sharekhan trade terminal .As per the performance of web trading platform of sharekhan it’s Mobile Application also giving a high speed accuracy of placing orders

● Easily available at Google play store and Apple stores .

● Sharekhan mobile application facilitate clients with

👍 Market research and Tips

👍 Live news, market trends

👍 Instant Fund Transfer

But some time application having certain issues.

👎 Login Issues

👎 Server Down issues

👎 Not performing in low networking zone



Sharekhan Website Trading


Sharekhan also provides trading facility directly from its website, Clients can go directly to the website.

Click at the link of Login, Put credentials and start trading.

It is very lightweight application with all the advance and trending tool of trading in all the segments.

Web application of sharekhan easily operates on tabs, laptops and Desktop with live charts of exchange.



Type of Accounts

Sharekhan offers two type of Accounts for its stock market Investors

Classical Account


● It is a type of account for traders who invest in equities and Derivatives.

● An online account with single screen interface for trade in cash and derivatives.

● Offers with following features like integrated Banking Facility , Multiple watch list,self portfolio management, Price alert etc.


Trade Tiger Account


● It is an online account for those traders who do trade on daily bases with all the required trading features form getting best results of trades

● Multiple exchange at single platforms, multiple watch list at single screen, Instant fund transfer and withdrawal,



Advantages & Disadvantages of having Account with Sharekhan.



Advantages

🙂 Call & Trade facility is Free

🙂 Offers different brokerage slabs as per the suitability of Traders

🙂 No DP Transaction Charges

🙂 Wide- network of Branches all over the India


Disadvantages

🙁 No facility of 3-in-1 Account

🙁 Brokerage charges in percent that is quite high from the flat Brokers

🙁 Classical account holders can not do trade in MCX.

Open an account with Sharekhan