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Sharekhan Review 2022

Rated 4 stars Rated 4/5 by Top Share Brokers Team
Last updated on: 19-Apr-2022
Sharekhan Review

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Sharekhan Review 2022 - Quick Summary

Sharekhan is one of the best full-service brokerage houses in India with smart trading platforms like Trade Tiger and Sharekhan Mobile App, Portfolio Management Service, Free research reports, MF investment through Sharekhan Insta MF Platform.

Rated 4 stars

Sharekhan Top Highlight for 2022

There are a lot of reasons on “Why to choose Sharehan”. Here are the details:

  • Online trading & investment in equity, F&O, commodity, currency, IPO, MF, PMS, and bonds.
  • Sharekhan 3-in-1 NRI account opening facility with HDFC, IndusInd, Axis, and IDBI Bank.
  • Different types of accounts like First-step, classic, Trade Tiger, and Advisory account.
  • State-of-the-art trading platforms i.e. Sharekhan Trade Tiger, Sharekhan mobile app, and Sharekhan Mini app.
  • Free Mutual Fund Investment on the Sharekhan Insta MF platform.
  • Robo-advisory MF investment through the Sharekhan NEO tool.
  • 100% Free Dial-n-trade or call & trade service.
  • Free access to Sharekhan research, trading calls, and market reports.
  • Online stock market learning tutorials and courses.
  • Value-added offerings such as margin funding, loan against securities, etc.
  • Strong network presence through 3200+ branches and sub-broker offices.

About Sharekhan

Sharekhan is the Mumbai-based full-service broker offering online trading in equity, derivatives, commodity, currency, IPO, mutual funds, bonds, and Portfolio Management Service (PMS). It is one of the best brokerage houses after ICICI and HDFC Securities with an active client base of 17 lakh+ customers. It provides a complete investment solution to cater to the trading and investment requirements of individuals, NRIs, HNIs, and corporates.

Being a full-service broker, Sharekhan also offers free research including market research, sector-research, company-research, and commodity research. It has further categorized its research for traders, investors, and mutual fund investors. The broker also provides online learning tutorials, courses, and web-based training to provide stock market education.

The brokerage firm offers state-of-the-art trading platforms. Sharekhan Trade Tiger Trading Terminal is one of the flagship trading platforms for active traders with a powerful charting feature. It further facilitates mobile users to trade through Sharkehan Mobile Trading App and Sharekhan Mini App for low bandwidth internet users. Customers can open a Free Sharekhan Mutual Fund Account to undertake online MF investment through the Sharekhan Insta MF Platform – Insta MF App.

Sharekhan serves customers offline too through its 3200+ branches and sub-broker offices across 575 cities all over the country. Customer support is highly valued by the broker and to meet every client’s expectation, it provides support services over E-mail, Chatbot, call center, toll-free number. Further, Free Call & trade, intraday trading calls, margin trading funding, MF Robo-advisory services (Sharekhan NEO), loans against securities, etc. are the key benefits to trade with Sharekhan.

Sharekhan Promotion Offer

Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Sign up now

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Sharekhan Brokerage Plan with closest competitors

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 10
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free
Equity Intraday 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 10 whichever is lower
Equity Futures 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 10 whichever is lower
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Commodity 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures 0.1% or 10 paisa 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
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Rated 4 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Free
  • RMS Auto Square Off Charges: Free
  • Hidden Charges: No

For complete brokerage charges and trading plans detail please visit Sharekhan Brokerage Charges.

Please refer unique and accurate Sharekhan Brokerage Calculator

How to open Sharekhan Account online?

Indian residents as well as NRI clients are allowed to trade with Sharekhan. Residents can open a Sharekhan 2-in-1 account whereas NRIs can open a Sharekhan 3-in-1 account (Demat + Trading + NRE/NRO bank account). Here are the details of Sharekhan accounts offering;

Sharekhan Demat Account

    Holding financial securities in a computerized or electronic format is only possible through the Sharekhan Demat Account. Whenever anyone purchases security it will be credited to the Demat account. At the time of security sale, it will be debited from demat Account. Sharekhan offers Free Demat Account at zero charges whereas Demat AMC of Rs. 400 from 2nd year onwards is chargeable.

Sharekhan Trading Account

    It is an account from where buy and sell orders are placed. Likewise Demat, people can open a Free Sharekhan Trading Account at nil charges and also do not charge any AMC. The account facilitates online trading in equity, F&O, commodity, currency, IPO, and bonds.

Sharkehan NRI 3-in-1 Account

    NRIs can open a 3-in-1 account with Sharekhan (Demat + Trading + NRE/NRO bank account). Notably, the bank account must be with HDFC, IDBI, IndusInd, and Axis Bank. NRIs can trade-in equity delivery, derivative, IPO, and mutual funds. They are not allowed to trade-in intraday, commodity, and currency segments.

Sharekhan Commodity Trading Account

    As the name itself, the account facilitates commodity trading. Those who want to trade-in commodities must open Sharekhan Commodity Trading Account. The full-service broker levies 0.10% commodity brokerage charges and offers up to 2X margin.

Sharekhan Insta MF Account

    This is the most popular mutual fund account, called Sharekhan Insta MF Account. One who wants to invest in mutual funds can open Sharekhan Insta MF Account online. It offers a 100% free mutual fund account and allows online MF investment in regular schemes. Mutual fund investment through Sharekhan is possible through the Sharekhan Insta MF account, or Sharekhan website, or Sharekhan mobile app as well.

How to open Sharekhan Account?

  • Sign up now to request a callback from the Sharekhan customer service team.
  • Visit the broker’s website, sign-up, and fill online forms to open the Sharekhan account online.
  • Visit any of Sharekhan’s branches and follow the traditional paper-based process to open an account offline.

Contact Sharekhan

Open Instant and Online account with Sharekhanin 15 mins.
Submit Online Form

Alternatives to Sharekhan

 Demat Account
 Demat Account
 Demat Account
 Demat Account

Sharekhan Mobile App and Trading Platforms

Rated 4.5 stars Trading Platforms Rated 4.5/5

The full-service broker provides the best state-of-the-art trading platforms to users that are enumerated underneath:

Sharekhan Mobile App

    It is a free mobile trading app that allows trading at your fingertips. Sharekhan mobile app is available on Android as well as iOS devices and facilitates online trading on BSE, NSE, MCX, and NCDEX. Live Marketwatch, market news, technical charting, Advanced F&O search, Pattern finder tool, etc. are some of the interesting features available on the mobile app.

Sharekhan Trade Tiger

    Sharekhan Trade Tiger is one of the best installable trading terminals in India. The flagship platform is extremely useful for professional traders. Trade Tiger can be downloaded on a Desktop or a laptop. The Multiple exchange trading platform provides a lot of intuitive features like Heat maps, stock scanner, best charting, advance orders, one-click filter, and many more.

Sharekhan Website is the official Sharekhan website. Customers can visit the Sharekhan web portal, log in with their Sharekhan trading account credentials, and start trading. The web-based user interface is so simple, compatible with any browser, and easy to use.

Sharekhan Mini Mobile App

    The mini mobile app is designed for low internet bandwidth users (2G access). Sharekhan Mini app comes with all kinds-of-features like streaming watchlist, single-touch access, live reports, secure fund transfer, online tools, and calculators, etc. It allows online trading in equity, F&O, commodity, currency, and mutual funds.

Sharekhan Insta MF App

    Insta MF mobile app is the Sharekhan online mutual fund investment platform. Insta MF is a Free MF investment app that allows investment in regular schemes through SIP or lumpsum. The single mobile app makes it easier to manage and track mutual fund portfolios with greater ease.

For detail review of mobile app and download please visit Sharekhan Trading Platform Review.

Sharekhan Trading Cons

  • Residents can’t open a 3-in-1 account.
  • Limited choice of banks to open the NRIs 3-in-1 account.
  • High brokerage charges.
  • Classic account holders can't trade in the commodity segment.

Sharekhan Customer Care info

Final thought about Sharekhan

Rated 4 stars Rated 4/5 by 184 users

Sharekhan with a huge clientele base of 17 lakh+ customers is a reputed broker in the industry. Although, on the brokerage front, it charges a bit higher brokerage fee than other brokers but also comes with superior services too such as smart and super-fast online trading platforms like Trade Tiger and Sharekhan Mobile App, free Sharekhan research, trading calls, Free dial-n-trade, etc. Unlike many discount brokers who focus to deliver online services only, Sharekhan with a strong offline presence serves customers offline too through its branches and sub-broker offices spread all over the country.

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Last updated on: 2022-04-19

Sharekhan FAQs

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.

  • Login to Sharekhan Trading Account.
  • Add the scrip to your watchlist.
  • Place buy or sell order as per your requirements.
  • Now, enter the order quantity and submit the order. You can not enter the stock price because Sharekhan only allows customers to place a market order after market hours.
  • Recheck and confirm the order.
  • The order placed will be visible in the order book from where you can modify or cancel it. Once the market opens for subscription, the market order placed after market hours will be automatically sent to the exchange.

Sharekhan AMO market order timings

  • Working days: 11PM – 9 AM
  • Non-working days: Anytime or 24 hours.


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:

  • Open Sharekhan Demat and Trading account online or offline.
  • Login with your Sharekhan Account on any trading platform i.e. Trade Tiger, mobile app, website, etc.
  • Start placing buy and sell trade orders across various segments through your Sharekhan account.


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

  • Equity delivery brokerage = 0.50% of Rs. 12000 = Rs. 60
  • 10 paisa per share = 0.10 * 120 = 12
  • Minimum brokerage = 16

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

  1. Login to the Sharekhan website, mobile app, or Trade Tiger.
  2. Add your favorite stock to the watchlist.
  3. Place trade order of your choice (buy or sell)
  4. Select “Stop-loss” and enter the trigger price at which you want to place a stop loss (SL) order.
  5. Confirm the order and you’ve successfully put SL order.


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:

  1. One of the best full-service brokers serving 17 Lakh+ customers.
  2. Wide range of investment products for individuals, HNI, and corporates.
  3. Free MF investment on the Sharekhan Insta MF Platform.
  4. Best platforms like the Sharekhan Mobile app and Trade Tiger.
  5. Dedicated customer service online and offline.
  6. Free access to Sharekhan research.


Sharekhan User Reviews

47. Abhay Jain Jan 06 2022 01:07:27 AM Reply
No body is accountable to resolves the problem on customer care as well as in Bhopal office and their staff is also non cooperative.


Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
46. Chandrakant Rane Jan 06 2022 12:25:12 AM Reply
Noone resolves the problem on website and relationship manager is inactive


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
45. Raja Nov 30 2021 01:29:43 PM Reply
Sharekhan Charge brokerage
Trading 0.05%
Delivery 0.25%
Minimum: 3 paisa
Pre-paid AMC option also available
44. Raja Nov 30 2021 02:02:21 AM Reply
User-friendly mobile app.
Your money and shares are safe in Sharekhan, No risk.


Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
43. Reena Urade Jul 26 2021 05:09:30 AM Reply
very helpful staff and trade tiger is easy to use. Mobile app is user friendly.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
42. RAMACHANDRAN Jun 15 2021 08:41:48 PM Reply
Bank nifty margin
41. Jaswant Singh Yadav Jun 02 2021 08:28:59 PM Reply
Hello sir, I have opened an account with Sharekhan around 15 year I want to know that can I restart my same account while I have forgotten all my keywords like my pin etc.what is the procedure please let me know on my mobile phone.Thank you
41.1. Vinay Jain Jun 03 2021 11:59:35 AM
Yes, you can contact customer care team, they can find your account with your PAN number. Please check with team about the brokerage plan, as in lst few years brokerage has been reduced.
40. A Mondal May 28 2021 06:39:12 AM Reply
I am using sharekhan last 10 yrs , not a single problem happened with me . Sharekhan is the only full service broker in industry who made transparency and good communication with good customer . Regarding Brokerage by default its 50 paisa in delivery but after some transaction just send mail for reduction your brokerage , now my brokerage @ 20 paisa with good research and market update letter which you can not expect from any discount broker . Another most important thing sharekhan offline presence throughout Indian cities.
Last 10 years I ve used so called all brokers from Bank Brokers to Discount , Bank Broker ICICI is good but it may not be suitable for all.
Real discount broker is only Finvasia ..All Zero Brokerage to AMC but Trust is a factor .
If You are an Investor from middle class certainly go for
1, Sharekhan ( Most trusted and Valuable-BNP Parbas Backend )
2. Edelweiss ( Trusted Big Financial House-NSE Listed )
3. Angel Broking ( Trusted over the Years - NSE Listed company )
If You are a Trader then no need to more research on broker -
3. KOTAK SECURITES ( Zero Intraday )- Reputed Bank Broker


Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
39. Rajanish Jan 07 2021 10:55:44 AM Reply
One of the best brokers in business. Excellent client experience.


Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
38. Manish Jul 24 2020 09:08:59 PM Reply
Very high brokerage. Not suitable for investment purpose. Now i am going to quit and shift to other lower brokerage service provider.
Many times mobile trading apps not working.
Many times trade not executed.
Sorry but its true.
My profit goes in to feed you only.


Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Average
Overall Experience - Below Average