Sharekhan Securities is India’s leading online retail broking house. Launched on 8-Feb-2000, as an online trading portal, Sharekhan Securities has today a pan-India presence with over 1,529 outlets serving 950,000 customers across 450 cities. It also has international presence through its branches in the UAE & Oman.
Sharekhan Securities offers services like portfolio management, trade execution in Equities, Futures & Options, Commodities, & distribution of Mutual Funds, Insurance & Structured Products. They are member of the Bombay Stock Exchange, the National Stock Exchange & the country’s two leading commodity exchanges, the NCDEX & MCX.
| Website | www.sharekhan.com |
| Demat Account | NSDL/CDSL. |
| Trading Exchanges | NSE, BSE, MCX, NCDEX. |
| Broker Type | Full-Service Broker. |
Sharekhan Securities Account Opening Charges.
| Trading Account. | Rs.0. |
| Demat account. | Rs.0. |
| Commodity Account. | Rs.0. |
| Trading Annual maintenance charges (AMC). | Rs.400/ year. |
Advantages.
1. Powerful Online Trading Tools.
2. Dial-n-Trade services.
3. Research-based Investment Advice.
4. Premium access to Sharekhancom.
5. Dedicated Customer Service.
Account Types.
1) Classic account.
- Allow investor to buy & sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat & digital contracts, Real-time portfolio tracking with price alerts & Instant credit & transfer.
- Online trading account for investing in Equities & Derivatives.
- Free trading through Phone (Dial-n-Trade).
- Two dedicated numbers for placing your orders with your cellphone or l&line.
- Automatic funds transfer with phone banking (for Citibank & HDFC bank customers).
- Simple & Secure Interactive Voice Response based system for authentication get the trusted, professional advice of our telebrokers.
- After hours order placement facility between 8.00 am & 9.30 am.
- Integration of: Online trading + Bank + Demat account.
- Instant cash transfer facility against purchase & sale of shares
- IPO investments.
- Instant order & trade confirmations by e-mail.
- Single screen interface for cash & derivatives.
2) TradeTiger account Sharekhan Securities tradetiger is a buzzing fast online trading application.
Features.
- A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX, Currency, Mutual Funds, IPOs.
- Multiple Market Watch available on a Single Screen.
- Multiple Charts with Tick by Tick Intraday & End of Day Charting powered with various Studies.
- Graph Studies include Average, B&-Bollinger, Know SureThing, MACD etc.
- Apply studies such as Vertical, Horizontal, Trend, Retracement & Free lines.
- User can save his own defined screen as well as graph template, that is, saving the layout for future use.
- User-defined alert settings on an input Stock Price trigger.
- Tools available to guage market such as Tick Query, Ticker, Market Summary, Action Watch, Option.
- Premium Calculator, Span Calculator.
- Shortcut key for FAST access to order placements & reports.
- Online fund transfer activated with 14 Banks.
- Sharekhan Securities Brokerage Charges.
- Account Opening Fees & Annual maintenance charges (AMC).
- Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account).
- Trading Annual maintenance charges (AMC): Rs 400 (First year remains 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.).
Trading Brokerage Charges.
| SEGMENT. | BROKERAGE. |
| Equity (Intraday). | 0.05% for Intraday. |
| Equity (Delivery). | 0.5% of Delivery. |
| Equity Futures. | 0.03% of Turnover – Negotiable. |
| Equity Options. | Rs 50/lot – Negotiable. |
| Currency Futures. | 0.03% of Turnover- Negotiable. |
| Currency Options. | Rs 20/lot- Negotiable. |
| Commodity. | 0.03% of Turnover- Negotiable. |
Trading Margins or Leverage.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Upto 10 Times for Intraday. |
| Equity (Delivery. | 5 Times for Delivery. |
| Equity Futures. | Upto 2 times for Intraday. |
| Equity Options. | No Leverage. |
| Currency Futures. | No Leverage |
| Currency Options. | No Leverage |
| Commodity. | No Leverage |
Trading Platform or Software.
| Trading Platform or Software. | Trade Tiger:-The TradeTiger version 2.4 packs a punch & is loaded with features that help you trade like a pro. A few features at a glance: |
| Web based. | trade.Sharekhan Securities.com |
| Mobile Application. | Share mobile. |
Some Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 5 Days. |
| End of Day Chart Facility. | 5 Years. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Percentage Based. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 450 cities. |
| Research & Tips. | Yes Research Provided. |
| Total Experience in Broking. | 15 Years of experience. |
| Year of Incorporation. | 2000. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than 9,50,000. |
| NRI Account Opining Allowed Or Not. | YES, It is Allowed inSharekhan Securities |
Fund Transfers Service.
| Number of bank linked to account. | 14 |
| Mode of payment (Withdraw &Deposit). | Online Payment Gateway. |
| Fund Payin processing time. | Instant by payment Gateway. |
| Fund Payout processed (Working Days). | 2 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery) Turnover charges. | 0.00325% of Turnover. |
| Equity Futures Turnover charges. | 0.0021% of Turnover. |
| Equity Options Turnover charges. | 0.05% on premium. |
| Currency Futures Turnover charges. | Details not available. |
| Currency Options Turnover charges. | Details not available. |
| Commodities Turnover charges. | 0.0027%. |
| Dial & Trade charges. | Rs.0. |
| DP Transaction charge. | Rs.0.. |
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Support & Tools Available.
| Brokerage calculator. | Not Available(only options calculator). |
| Margin Calculator. | YES. |
| Bracket orders & Trailing stoploss. | YES. |
| Cover order. | YES. |
| User guide & remote end support. | YES. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | YES. |
| Training & Education. | Knowledge center. |
| Online trading community. | Knowledge center. |
Customer Care.
| Contact Details. | Registered Office. Lodha iThink Techno Campus, 10th Floor, Beta Building, Off.JVLR, Opp. Kanjurmarg Station, Kanjurmarg (East), Mumbai – 400 042. Telephone No: 022 – 61150000 |
| Call. | Customer Care. Call 1-800-22-7500 (Toll Free). 0226115 1111/39707500 (L&line). Timing 08:00am to 07.00pm DIAL n TRADE.. Place order in any segment Call : 1-800-270-7050 / 1800-22-7050 / 1800-22-7004 (Toll Free) Call: 30307600 (Local Charge). Timing Equity Desk : 09.00am to 04:30pm. Currency Desk : 09.00am to 05:00pm. Commodity Desk : 10.00am to 11:30pm. |
| Email. | [email protected] |
| Complaints Or Grievances. | [email protected] |
Sharekhan Securities Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Sharekhan Securities.
| Summary | Ratings |
|---|---|
| Customer Experience | 4.5 / 5 |
| Trading Platform / Mobile APP | 4.9 / 5 |
| Services | 4.5 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 5 / 5 |
| Overall Rating | 4.5 / 5 |
| Star Rating | ★★★★★ |
| Review Counts | 2121 |
Sebi Registration.
| BSE- INB/INF011073351. |
| CD-INE011073351; NSE– INB/INF231073330. |
| CD-INE231073330; MCX Stock Exchange- INB/INF261073333. |
| CD-INE261073330; DP-NSDL-IN-DP-NSDL-233-2003. |
| CDSL-IN-DP-CDSL-271-2004. |
| Commodity trading through Sharekhan Securities Commodities Pvt. Ltd.: MCX-10080. |
| MCX/TCM/CORP/0425) ; NCDEX-00132 ; (NCDEX/TCM/CORP/0142) ; NCDEX SPOT-NCDEXSPOT/116/CO/11/20626. |
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