FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Contact Sharekhan
Open an Instant and Online account with Sharekhan in 15 mins.Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relationship managers.
Sharekhan is one of the most popular full-service brokers in India with over 24 years of experience since its inception in 2000. It is one of the first brokers to introduce online trading in India.
The broker offers a comprehensive range of financial products and services including equities, equity derivatives, currencies, commodities, IPOs, mutual funds, and portfolio management services.
The Mumbai-based full-service broker was earlier part of BNP Paribas, but in December 2023 Mirae Asset acquired the retail brokerage firm Sharekhan.
As every trader or investor has different requirements, Sharekhan offers different services such as Sharekhan One, Super Investor, Super Trader and Sharekhan Classic. In this way, Sharekhan's unique offering caters to different types of customers including retail investors, NRIs, HNIs and institutional investors.
When you trade with Sharekhan, you are charged a fixed percentage of brokerage on the trading volume.
The broker has an information-packed mobile app, web and desktop-based trading and investment platforms. Its Trade Tiger is one of the best trading terminals in the industry with powerful charts, indicators and many analytical tools. The company also has a trading website and a mobile trading app with many analytical features for trading on the go.
Sharekhan has a dedicated team of expert analysts who offer free trading calls and investment ideas. The broker offers free research reports for all segments to all users. Sharekhan's InvesTiger app also provides you with handpicked stock basket investment ideas backed by solid expert research analysis.
What else is on offer? Dedicated relationship manager support, 4200+ branches and partner offices in 1200+ cities across the country, Sharekhan classrooms stock market learning platform are available.
Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Sign up now
Sharekhan charges you a fixed percentage of the brokerage fee on the traded volume.
The broker charges 0.30% for the equity delivery and 0.02% intraday trading brokerage. For trading in the futures segment (equities, commodities and currencies), 0.02% brokerage of the transaction value is charged.
A brokerage of Rs 20 per lot is charged on equity and commodity options trading. For trading in currency options, the brokerage is Rs 5 per lot.
The company does not offer a flat brokerage plan to its customers.
Trading Account Opening Charges: | Free |
Trading Account AMC: | Free |
Demat Account Opening Charges: | Free |
Demat Account AMC: | Rs 400 PA (Free for 1st year)) |
Here we are comparing Sharekhan with its 5 close competitors, who are currently market leader in brokerage industry.
Broker | Sharekhan | 5paisa | Zerodha | Upstox | Paytm Money |
Service Type | Full Service Broker | Discount Broker | Discount Broker | Discount Broker | Discount Broker |
Brokerage Range | 0.1 to 0.5% | Rs 20 | Rs 20 | Rs 20 | Rs 20 |
Account Type | 2 in 1 | 2 in 1 | 3 in 1 | 3 in 1 | 2 in 1 |
Equity Delivery | 0.30% | Flat Fee Rs 20 | Free | 2.5% or Rs 20 whichever is lower | 2.5% or Rs 20 whichever is lower |
Equity Intraday | 0.02% | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.02% | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
Equity Options | Rs 20 per lot | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
Commodity | Rs 20 per lot | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
Currency Futures | 0.02% | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | NA |
Currency Options | Rs 5 per lot | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
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For complete brokerage charges and trading plans detail please visit Sharekhan Brokerage Charges.
Please refer unique and accurate Sharekhan Brokerage Calculator
If you are a resident of India, open a Sharekhan demat and trading account or if you are a non-resident Indian, open an NRI trading account with Sharekhan.
You can open a 2-in-1 account or a demat and trading account with Sharekhan.
With the Sharekhan account, you can buy and sell stocks, derivatives, commodities, currencies, IPOs and mutual funds.
Opening an account with Sharekhan is free of charge. Yes, the broker does not charge any account opening fees from its customers. Also, there is no demat maintenance fee for the 1st year and thereafter a fee of Rs 400 is charged.
NRIs can open an account with Sharekhan. Yes, Sharekhan allows NRI customers to invest in stocks, IPOs and mutual funds and trade in the equity F&O segments.
Sharekhan NRI Trading features;
Sharekhan offers a simple, super easy, efficient, and quick account opening process in a fully paperless manner. The process does not take more than 15 minutes to open Sharekhan Investment Account.
Post verification, your Sharekhan Demat and Trading account will be activated and you will get a unique client code (UCC) to log in to the Sharekhan trading platforms.
Contact Sharekhan
Open Instant and Online account with Sharekhanin 15 mins.Host of platforms be it mobile app, website, and desktop trading software are available to trade with Sharekhan. You can trade using any of these platforms. Advanced charting and analyticals tools, scanners, options data, etc. are the features offered to traders while to investors, the platforms are easy to navigate, user-friendly interfaces, and provide research-backed investment ideas.
Trade on the go using Sharekhan app for free. The app caters to both traders and investors alike and allows them to trade in equity, derivatives, currencies, and commodities segments.
Here are the top features offered by Sharekhan mobile app;
If you are using an Android device, download the Sharekhan app from the Play Store or iOS smartphone users can install the app from the App store.
Trade Tiger is an installable desktop trading terminal offered by Sharekhan. It is the best platform for professional day traders with state-of-the-art trading features.
Technical scanners based on indicators, 6 types of charts with multiple timeframes, 30+ technical indicators, multi set-up chart, trade directly from charts, dynamic one-click filters, options chain analytics with live IV and OI, automated risk-reward ratio, etc. are some of the incredible features of the platform.
Shortcut keys are also available for one-tap order placement.
Use Sharekhan website on any supported browser and trade or invest on BSE, NSE, and MCX.
If you are new to the market, the intuitive interface of the Sharekhan website makes it easy to use for you.
It has every needed feature like watchlists creation, live streaming price quotes, real-time portfolio tracking, in-depth stock details, research access, and more.
Sharekhan offers free call & trade order placement facility.
Yes, Sharekhan users can call the customer service desk to place an order of your choice. There are no additional fee charged on dial n trade service.
If you are a seasoned market investor, the InvesTiger app by Sharekhan provides expert-curated stock basket investment ideas.
Sharekhan team of research analysts uses 3R research philosophy (Right sector, Right Stock, and Right Valuation) and track stocks regularly to carefully design a basket of stocks.
Want to create a customized trading platform? Get Sharekhan API access for free.
The API provides access to live streaming price quotes, places upto 30 orders per second, and its order execution speed is upto 25 milliseconds for all trades.
For detail review of mobile app and download please visit Sharekhan Trading Platform Review.
Sharkehan believes in delivering a superior customer experience as a success mantra. It has multiple customer touchpoints to interact with end-users such as live chat, FAQs, customer care helpline number, email support, and Whatsapp chat.
In addition, it has a team of 750+ dedicated customer relationship associates, and 3,500+ branches and sub-broker offices across 600 cities to resolve customer queries. Customers can visit any of the nearest branches to leave a query, and get its instant solution.
With over 22 years of broking experience, Sharekhan is known to be India’s leading full-service broker.
It is the best broker for traders and investors who are ready to pay high brokerage to access premium services including quality research, powerful online trading platforms and tools such as trade tiger, and superior customer services. However, it is not an ideal broker for beginners; they can rather consider discount brokers who charge a flat brokerage fee.
Last updated on: 2024-03-04
Placing an AMO through Sharekhan Trading Account is as easy as placing a regular normal order. It is to be noted that unlike other brokers, Sharekhan has not specified the order category as "AMO" however, customers can use a "market order" type feature to place a after market order.
Sharekhan AMO market order timings
The full-service broker offers online trading & investing in equity, derivatives, commodities, currency, IPO, MF, bonds, and PMS. To start online trading with Sharekhan, the following steps should be followed:
Sharekhan offers 3 different brokerage plans; Sharekhan classic plan, Sharekhan Post-Paid plan, Sharekhan Pre Paid Plans. Each plan has different brokerage charges across segments i.e. equity intraday, delivery, F&O, commodity, and currency. Sharekhan brokerage charges depends upon the brokerage plan you choose for trading.
For example, if you’ve selected Sharekhan Classic Brokerage Plan and trading in equity delivery segment. Like you’ve bought 100 shares at Rs. 120 of any company then as per the classic brokerage plan, 0.50% or 10 paisa/share or Rs. 16 whichever is higher would be applicable.
Trading value = 100 shares * Rs. 120 = Rs. 12,000
Here, the highest brokerage charges is Rs. 60 that is 0.50% of the trading value thus, Sharekhan will charge Rs. 60 brokerage.
Placing a Stop loss order simply means limit your risks or loss by placing a sell order automatically when your stock reaches a certain price level.
Steps to place stop-loss orders in Sharekhan
Trigger price is the price that a trader has specified to place a buy or sell order on an exchange. Whether you’re placing a stop-loss order or stop loss market order, it is necessary to specify the trigger price. Whenever a stock reaches that price level, then the order will be automatically placed for execution. For instance, while placing a stop-loss order, if you have specified 300 as trigger price and 290 as the limit price for a sell order, it means that when a stock reaches 300 then the SL order will get activated and will be executed at Rs. 290.
In November 2016, BNP Paribas has acquired Sharekhan and became the owner of Sharekhan. BNP Paribas is a leading bank in Europe with more than 160 years of existence and global presence all over the world. It has 3 core businesses – corporate & institution banking, retail banking, and complete investment solution.
Sharekhan is good for trading due to the following reasons:
Ratings:
Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent