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Product Details
Brokerage and Fees
  • Brokerage Charge For Normal Trading: (Normal trading is non-intraday trading where the buyer takes delivery of the stocks): 0.30% of market rate or minimum 1 paisa per share.

  • Brokerage Charge For Intraday Trading: 0.02% on market rate or minimum 1 paisa per share (each side).

  • Brokerage Charge For Options Trading: INR 20 per lot (each side).

  • Futures brokerage (across Equity, Commodity & Currency): 0.02% per transaction value (each side.

  • Annual Maintenance Charge: INR 400 - free for 1st year.

  • Fund Addition Charges: INR 0

  • Overdue Interest Charges: 18%

  • Digital KYC Charges: INR 0

  • Call & Trade Order: Free

Account Opening Fees

No Fees

Eligibility

Any Indian resident can apply.

Annual Fees

INR 400

Sharekhan Review
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Sharekhan Review

Special Features

Sharekhan provides a comprehensive range of charting features and technical analysis tools to assist traders in making informed investment decisions. The platform offers various types of charts, including line charts, candlestick charts, and bar charts, with customizable timeframes and indicators.

Features
Cons
  • No zero brokerage. 

Pros
  • Simple user friendly interface.

  • Free research reports. 

  • Free tools like charts.

  • Free call and trade facility. 

  • Physical presence throughout India. 

Pros and Cons
How to Apply?

You can open a Sharekhan account easily through their online portal. Here's a step-by-step guide:

  1. Visit the Sharekhan website: https://www.sharekhan.com/demat/open-demat-account

  2. Click on the button labeled "New Account" or "Open Demat Account".

  3. Fill out the online application form with your personal details.

  4. You will need to provide scanned documents for KYC (Know Your Customer) verification. These typically include:PAN Card
    Aadhaar Card (or other valid ID proof)
    Proof of address (like utility bill or bank statement)
    Bank account details

  5. Once submitted, Sharekhan will review your application and verify your documents. This might involve an e-KYC process.

  6. Upon successful verification, you will receive your account login credentials via email.

  7. You can then fund your account and start trading.

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Documents Required
Aadhaar and PAN for online account opening.
Account Opening and Procedures
Sharekhan

Sharekhan is one of the first brokers to offer online trading in India and is regulated by the SEBI. Sharekhan's mobile trading platform is user-friendly and well-equipped. The company offers some solid research to assist your trading decisions, while its customer support team gives quick and useful answers. It is a good choice for beginner investors. However, Sharekhan gives you access only to Indian markets. Also, its stock and forex fees, while not excessive, are not very competitive on this market and funding only available through bank transfer.

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

Product Review
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