Sharekhan Review, Rating and Account Opening Charges

Some Important Key Points about this Broker:

Broker Name Sharekhan
Official Website Link sharekhan
Incorporated | Membership Details Year 2000 | NSE: Capital Market (CM) - INB231073330, Future & Options (F&O) - INF231073330, Currency Derivatives (CDS) - INE231073330 BSE: Capital Market (CM) - INB011073351, Future & Options (F&O) - INF010752039 MCX-SX CDS : INE261073330, NCDEX : NCDEX/TCM/CORP/0142, MCX : MCX/TCM/CORP/0425 Depository Participant : NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004
Registered Head Office Address Sharekhan Limited Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai – 400042
Customer Care Number and Email 1800-22-7500;
Supported Exchanges BSE, NSE, MCX, MCXSX and NCDEX \ NSDL& CDSL
CEO & Founders Shripal Morakhia
Instant online A/C Opening ? Yes Paperless Account
Account Opening Charge ₹ 1000
Annual Maintenance Charge ₹ 450
Equity Delivery Brokerage min ₹ 20 to 2.5%
Equity Options Brokerage ₹ 100 per lot to 2.5% on premium
Equity & Future Intraday Brokerage min ₹ 20 to 2.5%
Important Brokerage Plans Trade Tiger Account , Classic Account
Leverage | Exposure Details upto 10times for Intraday and 5 times for delivery
Commodity Brokerage 0.1%
Free Equity Investment No
Allow Mutual Fund Investment ? Yes
DP Transaction Charge EQUITY delivery & intraday : 0.00325% per Turnover , Equity Future : 0.00190% , Equity Option : 0.05% , Currency Future : 0.001% , Currency Option : 0.04%
Digital Contract Notes by Email Yes
Available on Platforms Sharekhan Android App, iOS App , Sharekhan Mini & Windows Trading Software
Other Services Offered by Broker Equity Currency Trading ,Mutual Funds SIP Bonds, IPO Portfolio Mgmt. Service,Trade NRI Services
Stock Market Education Tutotials Stock Market Basic help guides available
Daily Online Trades Reports Yes
Branch Offices 150+ Branches
Call & Trade Charge Free
3-in-1 Account NOT AVAILABLE
Average Number of Active Clients 4,76,036 by Nov 2017
Latest Info. on Complaints % at NSE 0.01% of total Active Clientele ,Reported NOV 2017 for FY 2017
Stock Market No
NRI Investing and trading Yes
IPO Facility Yes
Overall Score 50/100


  • Call&Trade Is Free
  • Trade tiger trading platform
  • Networks Of Branches in most Cities


  • High Brokerage
  • No 3-in-1 Account
  • Minimum Brokerage there

Final Verdict

If you are a person who trades regularly, then Sahrekhan might not be the ideal choice for you. The reason being, in Sahrekhan’s Intraday trading traders may end up paying huge brokerage charges to the full service broker, which, in turn, may consume your profits dearly.

However, for people who are on the lookout for the most reputable and trusted stock broker that has a great history and do not mind paying premium brokerage, Share khan can be the best fit.

Broker's Rating by Users
[Total: 51 Average: 3.4]
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  • Hello!!
    I want to open my account here what to do but problem is that now I am in uae so how can open my trading account and demait account here

    • you have to provide PAN and Aadhar card details and copy to the broker. Also, details of the bank account that you want to link with the Demat a/c for transfer of funds. Most of the of the things can be done online.

  • I have already account in Sharekhan ,
    But I want to forgotten my id and password
    Please contact me as soon as possible

  • worst company i have every interacted….useless staff and poorest response. they take more than 15 days to check and reject address change request that to notification without any reason. Waste of time. I must mention, DO NOT EVER DEAL WITH SHAREKHAN.

  • sharekhan sold the pleged shares of clients without prior intimation. Also changed the brokerage rate silenltly without prior intimation.

    Recmend ,,,,, do not open a/ c with sharekhan.

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