Sharewealth Securities Review, Brokerage Charges, Demat Account & more

Sharewealth Securities is a re-known stock broker based out of Kerela.

In this article, we will be talking about Sharewealth Securities reviews, the procedure of opening a Demat account with the brokerage house. Brokerage charges and other charges involved.

We will also be talking about the different platform provided by the company for carrying out a trade. You will get to know about all the products and services offered by the company to the clients.

Sharewealth Securities Customer Ratings & Review

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆
Total Client Reviews 202


About Sharewealth Securities

Company Type Public
Broker Type Full Service Broker
Headquarters Thrissur, Kerala
Founder T B Ramakrishnan
Established Year 2005

Sharewealth Securities

Sharewealth securities were established in 2005. With headquarters situated in Thrissur, Kerela, this company has 283 different branches.

This brokerage house is promoted by a group of professionals of the financial market having more than 28 years of experience.

Sharewealth believes in providing end-to-end services of savings and investment solutions to its clients.

Share wealth securities are the first corporate member of NSE and BSE. The company aims at making investment easy for its clients and also safeguarding their hard-earned money.

Open Demat Account with Sharewealth Securities

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Sharewealth Securities Brokerage Charges

Equity Delivery Trading 0.35%
Equity Intraday Trading 0.04%
Commodity Options Trading NA
Equity Futures Trading 0.04%
Equity Options Trading Rs.35 per Lot
Currency Futures Trading 0.04%
Currency Options Trading Rs.20 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Free
Trading AMC Charges Rs.250 per Annum
Margin Money Minimum Rs.3,000
Brokerage Calculator Sharewealth Securities Brokerage Calculator

The table above tells you everything about the Sharewealth Securities brokerage charges.

You will be paying 0.35% for Equity Delivery Trading, 0.04% for Equity Intraday Trading, 0.04% for Equity Futures Trading, Rs.35 per Lot for Equity Options Trading, 0.04% for Currency Futures Trading, Rs.20 per Lot for Currency Options Trading, Rs.250 per Annum as Annual maintenance of the trading account.

The Sharewealth Securities charges Rs.3000 as margin money. You will not be charged anything for annual maintenance of Demat Account. It is advisable that you start by depositing a good sum of money.

This will help you with the benefits of falling in a reduced slab of brokerage.

Sharewealth Securities Other Charges

Transaction Charges 0.00325%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

You will be paying some extra money and the thing is you cannot skip these costs. These are taxes which is mandatory for everybody to pay.

You need to pay 0.00325% as Transaction Charges, 0.0126% of Total Turnover as STT, and 0.0002% of Total Turnover as SEBI Turnover Charges.

You will be paying 18% of (Brokerage + Transaction Charges) as GST. Stamp duty is state dependent and generally, it is very minimal.

Find Brokerage Charges of other Full Service Brokers – 

Kotak Securities ICICI Direct Sharekhan India Infoline (IIFL)
Ventura Securities Marwadi Group Aditya Birla Money Motilal Oswal

Sharewealth Securities Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.300
Demat AMC Charges Free
Trading AMC Charges Rs.250 per Annum
Margin Money Minimum Rs.3,000
Offline to Online Yes

Annual maintenance of Sharewealth Securities Demat Account is free of cost but you will be paying Rs.300 for opening the account.

There is minimum margin money of Rs.3000 involved which you need to pay. Rs.250 as annual maintenance of the trading account. You are allowed to operate your account both online and offline.

Sharewealth Securities Offers

Free Demat Account Yes
Free Trading Account No
Discount on Brokerage No
Trading Happy Hours No
Flexible Brokerage Plans Yes
1 Month Brokerage Free No
Holiday Offers Yes
Referral Offers No
Zero Brokerage for Loss Making Trades No

You are liable to offers such as Free Demat Account, Flexible Brokerage Plans and holidays offer. You don’t get Free Trading Account, Trading Happy Hours, and Zero Brokerage for Loss Making Trades.

How to Open a Demat Account with Sharewealth Securities?

Opening a Sharewealth Securities is very easy. You will be asked to provide certain KYC documents and after verification, you get to access your account.

First, you need to fill a form provided below. Then, you will be asked to upload KYC documents like Aadhar card, PAN card, Address proof, Identity Proof, Age proof, and photograph.

Once you have uploaded the document, you will receive a call from the company for further verification. After all the processes are done and identity verified, you will get access to your account within a few hours.

Why Open Sharewealth Securities Trading Account?

Having a Sharewealth Securities Trading Account ensures many benefits. Besides, it is necessary to have a trading account in order to carry out the trade. A Demat account is only for safeguarding your shares.

The company is involved in a lot of research work. If you have a trading account with the company you get regular updates and recent results of the research works which helps a lot with investment.

Get a Call back from Sharewealth Securities

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Sharewealth Securities Products & Services

Here are the list of Products & Service provided by Sharewealth Securities –

Products Offered by Sharewealth Securities:

Equity Trading Yes
Commodity Trading No
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds No
Forex No
Banking No
Insurance No

Products by Sharewealth Securities include Equity Trading, Currency Trading, Options, and futures. These products help in investment and trading.

Sharewealth Securities Service Offerings:

Demat Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations Yes
Robo Advisory No
Trading Institution No
Trading Exposure Upto 6X

Sharewealth Securities Services include Demat Services, Trading Services, Intraday Services, IPO, Stock Recommendations Services and a trading exposure of up to 6X.

Check Products & Services offered by other Stock Brokers –

Angel Broking HDFC Securities Indiabulls Ventures  Just Trade
IDBI Direct  GCL Securities Arihant Capital Religare Securities

Sharewealth Securities Research, Advisory and Stock Tips

Fundamental Reports No
Research Reports Yes
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports No
Top Picks Yes
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager Yes

Sharewealth Securities is involved in a lot of research work. So you will be getting reports like Research Reports, Free Stock Tips, Top Picks, Daily Market Review, Monthly Reports, Weekly Reports, and Offline Advisory.

In case of any problem or doubt, you are free to call your relationship manager.

Sharewealth Securities Exposure or Leverage

Equity Delivery Upto 2X
Equity Intraday Upto 6X
Equity Futures Upto 4X
Equity Options Upto 4X
Currency Futures Upto 3X
Currency Options Upto 2X
Commodities Upto 3X
Margin Calculator Sharewealth Securities Margin Calculator

You will be getting a maximum exposure of up to 6X in equity intraday.

Other than this the brokerage house provides exposure of up to 2X in equity delivery, up to 4X in equity futures, 4X in equity options, 3X in currency futures, 2X in currency options and up to up to 3X in commodities.

Sharewealth Securities Trading Platforms

Here are the thorough details on various trading platforms offered by Sharewealth Securities to its consumers. All the platforms have been established in-house and always get progressed on an unremitting basis.

Desktop Platform – Windows Yes
Desktop Platform – Mac Yes
Desktop Browser Platform Yes
Mobile Site Platform No
Android App Platform Yes
iOS App Platform Yes
Windows App Platform No
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details Yes
Online MF Buy No
News Flash Yes
Research Reports No
Easy Installation Yes
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts Yes
Live Markets Yes
SMS Alerts Yes
Email Alerts Yes
Multi Account Management No

Sharewealth Securities Web Trading platform

Sharewealth Securities web-platform is independent of the browser you use. So it’s totally up to you which browser you like. Be it Google Chrome or Mozilla Firefox or Opera or even Internet Explorer.

This platform needs good internet connectivity and does not involve downloading any plugins. It is supplied with recent research results and recommendations by the company. It also provides live market streaming.

Sharewealth Securities Mobile Trading App

Sharewealth Securities mobile-based platform is available for both Android users as well as iOS users. There are some really good features in the app.

You can track all your investments made and trade. It provides you with the details of the stock market and in case you have any problem you get to contact your relationship manager directly.

Sharewealth Securities Trading-terminal

Sharewealth Securities trading-terminal can be download and installed on window or MAC based desktops. This platform provides high performance and good speed.

It also allows you to transfer money from different banks. This platform comes with the feature of multi-view.

Sharewealth Securities Customer Care

Dedicated Dealer Yes
Offline Trading Yes
Online Trading Yes
24*7 Support No
Email Support Yes
Chat Support No
Toll Free Number No
Branches 283

Sharewealth Securities Customer care service is really very good.

They provide you with customer care support in matters related to Dedicated Dealer, Offline Trading, and Online Trading. Along with this, you can e-mail your query and the company will reply to you as quickly as possible.

It does not provide you 24*7 services.

Sharewealth Securities Complaints and Feedback

Find the list of complaint against Sharewealth Securities –

Lodged in BSE 1
Resolved in BSE 1
Lodged in NSE 2
Resolved in NSE 2
Percentage of No. of Complaints Received Against Number of Active Clients 0.17

You can see from the table above that there were only a few complaints filed. This is only 0.17% of the total clients the company has.

Sharewealth Securities Advantages and Disadvantages:

Perfection is a myth. You just cannot expect any of the brokerage company to be without any flaws.

There are certain fields which need more attention from the company and the company is already working on it. This is the reason the overall rating of the company is good when compared with others.

The mobile platform made available by the company needs more attention by the developers and you need to beware of the hidden charges involved.

Sharewealth Securities Conclusion

Sharewealth Securities is a new company but has gained the trust of its clients. It is all because of the services and commitment of the company.

The company provides a lot of research work result in helping clients with better investment. The Overhead charges are nominal and annual maintenance of Demat account is totally free of cost.

The company provides you with a maximum exposure of up to 6X and the trading platforms are user-friendly.

Check detailed review of similar full service brokers:

Mangal Keshav  MasterTrust Networth Direct Reliance Securities
Axis Direct  SMC Global GEPL Capital  SBI Cap Securities

Open Demat Account with Sharewealth Securities

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

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Best Demat Account in India

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