Sharekhan: Trading & Demat Account, Reviews, Charges: 2020

One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).

Sharekhan: Overview

Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.

Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis and such information thereof. With Sharekhan, you can invest in a variety of avenues like equity, futures and options, commodities and also investment in IPO's, mutual funds, insurance, bonds and NCD's.

It provides trading execution facilities on both equity and derivatives segments on BSE as well as NSE, commodities trading facilities on both MCX and NCDEX. Along with that, Sharekhan also offer depository services for your dematerialised assets.

Sharekhan has a huge emphasis on research, and also operates its research teams that publishes investment advices, various stock tips, quarterly result of companies and its analysis, and news alerts to customers though email, SMS and notifications on web portal and application. Sharekhan also provides an excellent knowledge centre on its site, helping beginners to clear their basics while also helping market investors of all kind.

Whats more? Along with that, frequently, Sharekhan offers free online and classroom seminars and workshops to investors, with experts who have experience in the market. Their customer care representation is also a class in itself, with each account coming with online and offline help from a representative, usually time bound.

Sharekhan also excels in its simplicity, which shows in the way it classifies its accounts

Sharekhan : Types of Accounts

1. Classic Account: This type of account is for investors and infrequent traders. The account offers demat services for your dematerialised assets, along with offering trading in equities, debt and commodities. It offers online portal through website and email, along with telephonic order placement.

2. TradeTiger Account: This type of account offers all of the above features, along with access to Sharekhan’s proprietary programme TradeTiger, for advanced and frequent traders. It offers a number of tools like Tick Query, Ticker, Market Summary, Action Watch and also offers real time updates on price movement for fast and efficient trading. It also has tie-ups with 12 banks for instant transfer of funds.

ShareKhan: Trading Software

1. ShareKhan TradeTiger: TradeTiger is Sharekhan’s proprietary trading terminal, downloadable for desktop. It is created for active traders, and offers features like API integration for algorithm based trading and trading directly through excel, along with basic terminal features like bird’s eye view of market and advanced charting.

2. Sharekhan Website: Sharekhan also offers trading services through its website, however it is more for basic users and long term investors not in need for real time movements. It offers basic features like trading and IPO investments, as well as news alerts. ShareKhan’s Mobile Trading Application : The mobile application available for both android and iOS offers services like watchlists, market stats and advanced charting.

3. ShareKhan Mini: This is ShareKhan’s low bandwith website for fast and efficient trading, for users who have troubled internet connection.

4. ShareKhan Dial and Trade: Sharekhan also offers services to dial and trade through phone, which offers benefits like understanding market insights with an expert, secure processing, etc.

Sharekhan Account Opening Charges:2020

ChargeAmount
Demat Account Opening Charges₹0
Trading Acc Opening Charges₹0
Trading Account AMC₹0
Demat Account AMC₹400 (Free for 1st year with trading account)

Sharekhan Account Brokerage Charges: 2020

Sharekhan :Classic Account Brokerage Charges

ChargeAmount
Plan NameClassic Account
Equity Delivery0.50%
Equity Intraday0.10%
Equity Futures0.10%
Equity Options₹50 per lot
Currency Futures0.10%
Currency Options₹30 per lot
Commodity Options0.03%
Mutual Fund

Sharekhan :Prepaid (₹1 lakh) Fixed Monthly Fee Plan Brokerage Charges

ChargeAmount
Plan NamePrepaid (₹1 lakh) Fixed Monthly Fee Plan
Equity Delivery0.10%
Equity Intraday0.015%
Equity Futures0.015%
Equity Options0.05% or ₹63 per lot
Currency Futures
Currency Options
Commodity Options
Mutual Fund

Sharekhan :Margin (₹1 lakh) Plan Brokerage Charges

ChargeAmount
Plan NameMargin (₹1 lakh) Plan
Equity Delivery0.25%
Equity Intraday0.05%
Equity Futures0.05%
Equity Options1% or ₹70 per lot
Currency Futures
Currency Options
Commodity Options
Mutual Fund

Sharekhan Margin/Exposure

Sharekhan interaday, delivery, F&O, currency and commodity margins/exposure

SegmentTrading Margin
Equity DeliveryUpto 5x
Equity IntradayUpto 10x
Equity Future2x
Equity OptionsNil
Currency FutureNil
Currency OptionsNil
Commodity FutureUpto 2x
Commodity Options
Your finances on track