Sharekhan App – Review, Top Features, Set-up Process, Benefits & more
Last Updated Date: Apr 11, 2023Here is a detailed review of the Sharekhan App. In this article, we will discuss in detail various features of the Sharekhan App.
Sharekhan is a renowned stock broker hailing from India. They started their journey in the 2000s and have established a successful customer base in India. They have all types of investments and trading options available and listed.
Physical offices are also present throughout India to help traders in their journey. Keeping up with the boom in smartphone usage, they have introduced their app called the Sharekhan app.
About Sharekhan App
Sharekhan is the fourth-largest brokerage firm in India and has been in operation since the year 2000. It is just behind Zerodha, ICICI, and HDFC in terms of the customer base.
It provides a wide array of products to trade ranging from stock market shares, loans against shares, ESOP financing, etc.
The Sharekhan App is the official app from Sharekhan using which you can track your portfolio, and trade shares, and mutual funds. It also has trading tutorials and helpful articles for budding traders.
The app works seamlessly on all platforms and various screen sizes and orientations. It is available on the Google Play Store and the Apple App Store.
Features like advanced search, technical indicators, mutual funds tracking, tools and studies, commodities, and a Sharekhan classroom for learning make it stand out among other Top 10 Trading Apps in India.
To understand other functions of Sharekhan, go to Sharekhan Review.
Open Demat Account with Sharekhan
Sharekhan Mobile App Top Features
An application has to be interactive and more concise than an online website. Sharekhan has done a really good job on their application.
They have made it available for both iOS and Android platforms. The interface is user-friendly, and the market news can be accessed very easily.
News, Markets & Marketwatch
Their homepage has a special news section, and other sections provide detailed news. Trading is also easy with the app and MarketWatch is always present.
A live chat is an addition to the app that every trader would enjoy. Analysis and in-depth charts are also available in the app.
The app allows tracking of investments and news of markets worldwide for investors. The investors can track Fifty-two weeks’ worth of investment information.
Downloading and Logging into Sharekhan App
The application can either be downloaded from the dedicated app stores or the link provided by the Sharekhan website.
The app size is quite small, making it a perfect app and it is easy to download as well. As the app is user-friendly, operating it wouldn’t be a problem. It is also updated quite often to include new features.
Logging into the account is very easy. With password remembrance, one wouldn’t need to log into the account every time they access the app.
They can move through the app’s menu to find out their need. The app has been made fairly easy for anyone to use.
The Virtual Portfolio Section of the Sharekhan App
Sharekhan is known for its Portfolio supply, and they have made a virtual portfolio available on its mobile app. It can be easily accessed from the script search page for direct access to the thing.
Also, the portfolio feature is perfect for investors as it helps them to check on their recent investments.
This helps them in keeping up-to-date with their updates. This makes it easier for everyone as they do not need to open the website every time to check on their portfolio. The trading section is easy as well.
Charting and Analysis on the Sharekhan App
For any trader, charting and analysis become crucial and play an important role in studying and analyzing the market.
The latest Sharekhan app has made several in-depth charts available for their customers. Some of them are the Candlestick, Retracement Line, Bollinger Band, RSI, Moving Average, etc.
But often, they can be limited to an advanced trader. The app developers are trying to include more charts.
In the new version, they added the Heikin Ashi chart. The analysis of the market that is provided in the app is quite good as well. It is quite useful for a handheld device.
At other times one can always use the website for enhanced performance.
Advanced Search
The Sharekhan mobile trading app comes with an advanced search feature that helps us search for stocks with various features that professional stock traders use to search for stocks.
You can trade, invest or set alerts for your investments using the advanced search feature provided by the Sharekhan Mobile Trading App.
Option Chain
The option chain feature on the Sharekhan mobile app is meant for traders who have invested or are looking to invest in options and are interested in options trading.
It helps users track all of their options contracts on a single page, and they can see when their contracts expire and other necessary details regarding their options contracts.
Track, Trade and Invest
Using the Sharekhan mobile trading app, you can easily invest in NSECURR, MCXCURR, MCX, and Mutual funds. Some features help you to track your portfolios while you are on the go.
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Additional Features of the Sharekhan App
Let’s have a look at the additional top features of the Sharekhan App:
Order Book to Track Orders
You can check the status of your trade orders from the Order Book. It updates with order placement.
An order book is a list of all the orders placed by customers to trade in securities. The records help you track and maintain all the details in one place and manage your account easily.
Demat Account Holding
A Demat account is a digital account opened with a Depository with the help of a Depository Participant. It holds your investment securities in a dematerialized form such that you can trade in securities via the stock market.
Demat accounts are safe, reliable, and flexible ways to hold and manage stocks and other securities. With Sharekhan, you can view the holdings of your Demat account anytime.
It is an easy and convenient means to check and track all your holdings in the Sharekhan Demat account. The Demat account allows you to hold various securities like equity shares, equity Futures & Options, commodities, and currencies.
Online Fund Transfer
Sharekhan is a well-establish unit found in the year 2000. It is a full-service stockbroker and happens to be the third-largest entity in the broking services. Also, Sharekhan was the first entity to introduce online trading in the country.
Sharekhan offers online fund transfers to ease the entire trading experience. It saves a lot of time, backed by dependable technology.
It allows money transfer from your registered bank account to your trading account and buys or sells securities. And can withdraw money from your trading account to your bank account.
Live Streaming Quotes & Charts
Streaming quotes or real-time quotes is a feature that displays the price of the stock or security prevailing at the moment. It shows the current market price you will have to pay for one stock unit.
Sharekhan offers the facility to get streaming quotes of any security available on the Sharekhan app. You can search for any stock from the search bar; also, the prices of the stocks on your watchlist updates every moment during trading hours.
Market News & Alerts
Want to stay updated with all the latest news on the market and make trade decisions more consciously? Sharekhan mobile app allows you all. It will provide you with all the news related to the market and provide alerts.
Sharekhan app is an efficient and easy-access platform that facilitates trading facilities and offers innovative trading ideas through Pattern Finder. So, Trade Smart with Sharekhan.
From necessary financial data to market stats, Sharekhan covers it all.
Start, Modify or Pause SIPs
Buried under the circumstance where if you have started a SIP, you will necessarily have to invest for the entire period and have no option to discontinue?
Invest in SIP with the Sharekhan trading app, where you can start, modify or pause your Systematic Investment Plan whenever you want to.
SIP investments are made to provide customers ease and flexibility so that they can save a portion of their income and put to an engrossing sum that can reap higher results in the future.
Price Alerts
Sharekhan app lays down immense possibilities for you. All you have to do is accept it with open arms. You can trade at NSE, BSE, NCDEX, and MCX with Sharekhan.
You can trade orders across various segments of investments. Sharekhan has advanced trade search features that allow you to set Price Alerts for securities, so you don’t have to track them yourself.
The app will notify you of the price changes.
How to Set up Sharekhan Mobile App?
The setup procedure for the Sharekhan mobile trading app is different depending on the type of device you own. If you have an android device, you have to download the Sharekhan mobile trading app from the Google Play Store.
If you have an Apple device running iOS, you can download the Sharekhan mobile trading app from the Apple App Store. The app is free of cost to download from either app store.
After you have downloaded the Sharekhan Mobile Trading App from the respective app store, you have to go through the following steps to set up your Sharekhan app.
- Open the Sharekhan App by selecting the app icon in the app drawer.
- Here, you have to log in as a trading user to use the app and its features.
- Now, you will be asked for your Sharekhan login details; enter your Sharekhan Login ID, Membership Password, and trading Password to log in to your Sharekhan online account.
- After entering your details, you will be asked to set up your profile by providing your name, email, profile picture, etc.
- Once you have set up your profile, the app set-up process is complete. You can now use the features included in the Sharekhan app.
How to own Sharekhan Mobile Trading App?
As you would’ve seen in the previous section, to use the Sharekhan app, you will need a Sharekhan online account.
If you don’t have a Sharekhan account, you shouldn’t worry as we will cover creating a Sharekhan online account in this section.
To create a Sharekhan online account, follow the following steps:-
- Click on the below that says “Open Demat Account.”
- A pop-up form will appear.
- Now enter your name, mobile number & location.
- You will receive a call from Sharekhan Representative
- They will share details to Open Sharekhan Account
- It would help if you kept your documents ready like aadhaar, pan, cancelled cheque
Now, you can use these login details to log in to the Sharekhan trading app.
Advantages of Sharekhan App or Sharekhan Mobile Trading App
There are many online stockbroking trading apps. Sharekhan is one of the thousands of apps on the Apple App Store and the Google Play Store.
The advantages of using the Sharekhan mobile trading app are as follows: –
- The app updates with new security features regularly.
- Even after many security features are added, the app doesn’t log you off if it detects that you have switched to another app for a short amount of time which saves you time from logging in again and again to the app.
- The latest updates in the Sharekhan app provide a good user interface to navigate and keep tabs on our trading portfolio on the go. It requires very few clicks to do basic tasks, and you don’t have to go in too deep to do necessary tasks.
You can make various orders through the Sharekhan Mobile App like bracket orders, normal orders, after-market orders, or sell against margin orders.
Sharekhan App – Conclusion
So, in conclusion, it can be said that Sharekhan is doing a great job with its app. From time to time, complaints arrive for the slow performance of the app, But the developers try to make updates available quite frequently.
The regular users hope that there will be more charts and advanced options on the app in the future. To date, thousands of people have downloaded the app.
Sharekhan App FAQs
Here is the list of FAQs related to the Sharekhan App:
What is the Sharekhan mobile app called?
The mobile application of this stockbroker goes by the name “Sharekhan,” which ensures it is easily locatable in the respective stores, i.e., both android and iOS.
The app facilitates viewing market insights and trading, as the app is described as the share market app for Sensex, NSE, BSE, and MCX.
Does Sharekhan provide an iOS App?
Yes, the app’s assistance is provided to everyone, irrespective of the operating system smartphone they use. The app is specifically designed for iOS devices, ensuring users have a great trading experience.
Is Sharekhan App Free to use?
Yes, the stockbroker offers the service of app-based trading free of charge. Other brokerages and account-related expenses are constant; there is no charge for using the app.
You can check your phone’s app store, where you can instantly download the app and get started with the trading process.
How to download the Sharekhan App?
Downloading the Sharekhan App is just like downloading any other app. There is no charge related to installing the Sharekhan App, so the payment process is excluded. You can visit the app store or the play store, search for the app and then install the same.
What features does Sharekhan App have?
The Sharekhan app looks out for all the traders’ requirements and the investors. Features provided are live technical charts, tracker ball, advanced charts studies, faster stock refresh rate, seamless dashboard, in-depth market stats, multiple order placement, easy access to all instruments, mutual funds investment, etc.
Can I trade in Shares via Sharekhan App?
Yes, the users can place active orders to buy and sell shares through the Sharekhan application. One can choose to invest in the asset class Equity Delivery, or one can choose to invest in the asset class Equity Intraday. The app supports it all.
Is Sharekhan Android App good?
Yes, this stockbroker is appreciated in the market for the assistance it provides, also in the context of technology.
This includes the application on the other end. The app currently holds a rating of 3.7 stars in the play store, which features it as a pretty good platform.
Does Sharekhan App have EKYC Feature?
Yes, there are a lot of instances where you might need to prove your identity via documents. For instance, opening a Demat account requires you to go through the EKYC process.
So, the app facilitates you to upload scanned copies of the documents, which will be verified accordingly.
Does Sharekhan App provide Tips?
Sharekhan is a full-service broker, and you can expect research and advisory services from their end.
The app provides you with all kinds of data that contribute to the process of decision-making, and the provision of tips is cheery on the top.
How to Buy Shares via Sharekhan App?
To place a buy order, you need to visit the order placement section. You need to enter into the buy order placement section to make a purchase.
Provide the transaction details as asked, such as the scrip and price of sale, and then place the purchase order.
Which is better Sharekhan or Zerodha?
Zerodha charges a flat rate brokerage of Rs. 20 per trade; on the contrary, the brokerage charges of Sharekhan are somewhere between 0.1 to 0.5%.
Zerodha was founded in the year 2000, whereas Sharekhan started its operation in 2000. Both entities offer stockbroking services. Zerodha is an online discount broker, and on the other hand, Sharekhan is a full-service broker.
Also, their overall ratings are different. Zerodha is rated higher than Sharekhan. It has a rating of 4.5 whereas, Sharekhan is rated 4. These ratings are out of 5.
What is GFD in Sharekhan?
GFD stands for Good For Day. It is an order type that is valid from the moment it is placed till the end of the day. It can be a limit order or a market order.
How do I start trading on the Sharekhan app?
- To start trading with Sharekhan, you will need to open a Demat and Trading Account with Sharekhan.
- You can apply for an account opening directly from their website.
- Enter your name, mobile number, email ID, and city in the “Sign up for Sharekhan account.”
- After entering all the details, click on “Submit.”
- Your Demat and account opening process will start.
How can I add my bank account to sharekhan online?
To add a bank account with Sharekhan, you will have to submit the Client Master Form backed by a signed cancelled cheque leaf.
How is the sharekhan review?
The overall rating of Sharekhan is 4 out of 5.
What is the sharekhan login ID?
The login ID is provided by Sharekhan along with the welcome kit when you open an account with Sharekhan. It is a unique ID comprising characters and numbers that allows you to access your Sharekhan account.
How can I activate my sharekhan account online?
When you apply for an account opening with Sharekhan, you have to submit certain documents to the entity to process your account opening. The entity verifies the documents. And once the verification is completed successfully, your Demat and Trading account is activated with Sharekhan.
How can I know my Demat account number in sharekhan?
Demat account number or BOID is a 16-Digit number. The stockbroker provides it with the Welcome kit.
How can I stop SIP in sharekhan?
- Log in to your sharekhan account.
- SIP will be in the Mutual Funds section of the app or website.
- Select your SIP.
- Cancel the SIP from the
- cancel option.
How can I pay AMC charges in sharekhan?
Sharekhan does not charge any Account opening charges from the customers.
Also, it has now waived the Annual Maintenance Charge (AMC) applicable on the Trading account, and the charges levied as AMC on the Demat account is Zero for the first year.
Sharekhan notifies you when your AMC is due, and you can pay it through various payment mechanisms.
Does sharekhan have an app?
Yes, Sharekhan has a mobile app which is called Sharekhan: Demat & Trading App.
Is sharekhan app free?
Yes, Sharekhan is free to install. You can install it from Playstore or the app store.
What is sharekhan mobile app?
Sharekhan: Demat & Trading App is the mobile application provided by Sharekhan for online trading and investment holding in digital form.
How do I log into the sharekhan app?
- Open Sharekhan app in your phone.
- Enter your User ID and Password.
- Enter the submit button.
Why sharekhan app is not working?
Sharekhan is a trusted and well-reputed entity. It has maintained proficiency in facilitating broking services. The company came into existence in 2000 and has grown ever since.