Sharekhan Trading / Online Trading – Review, Process, Benefits, Charges & more

If you are looking for a brokerage house that offers one of the best online trading services then you must think about Sharekhan Trading services. It is one of the largest brokerage houses in the traditional brokerage firm segment.

It offers its services to millions of traders and investors and it has more than 1.4 million active client bases that use Sharekhan Online Trading facilities.

The firm has been really famous for its incredible brokerage plans, trading terminals and applications, and various other facilities and the services that it offers.

In this article, we will mainly focus on the different brokerage charges for every segment of assets and we will also evaluate other charges. Apart from that, we will discuss the process of starting trading online with Sharekhan services and other details.

Sharekhan Offers & Complaints


Sharekhan Trading and Benefits

There is abundance of features and facilities that comes with Sharekhan Trading Facility. Here are some of the most crucial benefits that it offers to the clients –

  • For trading online, trading platforms are a must. So, Sharekhan has been developing different platforms to suit the requirements of different clients. They have different platforms starting from trading terminals to mobile applications. Call and trade facility is also available.
  • There are multiple brokerage schemes for traders and investors to suit individual investment budget. The firm also offers various discounts on brokerage which reduces the brokerage charges if availed.
  • The most important facility of this share brokerage house is that they provide educational facilities through classroom and online platforms. There are numerous resources that can be found with Sharekhan for learning about the market. They also offer various workshops on trading and seminars are also conducted at regular intervals.
  • There is no charge for transferring funds from the account of other banks.
  • The firm also does not charge any fee for DP transactions.
  • You can keep your FDs as collateral with Sharekhan for trading derivatives which is one of the rarest features offered by any other firm in the market yet.
  • They offer call & trade facility so if you are not able to access the terminal or the mobile application you can just call the executives of Sharekhan and they will place and execute the trade on your behalf.

Open Trading Account with Sharekhan – Fill up the Form Now!

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    1. Open Demat Account

    Sharekhan Trading Charges

    Sharekhan Charges
    Transaction Charges0.00275% of Total Turnover
    STT Charges0.0126% of Total Turnover
    SEBI Turnover Charges0.0002% of Total Turnover
    Stamp Duty ChargesDepends on State (very minimal)
    GST Charges18% of (Brokerage + Transaction Charges)

    The Sharekhan Trading Charges includes the brokerage charge that it levies for the transactions. The charges for each asset segments are different with some similarities. The highest is charged for the delivery trades which is normal in the market.

    The trading charges also include the statutory charges which are STT, SEBI turnover charges and the transaction charges, GST and stamp duty.

    The stamp duty is levied as per the state from where you are trading while the GST is charged at 18% on the brokerage and transaction charges clubbed together.

    The transaction charges, STT and SEBI turnover charges are levied on the total turnover only at 0.00275%, 0.0126% and 0.0002%.


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    Sharekhan Delivery Trading

    Sharekhan Delivery Charges
    Equity Delivery0.50%

    For the Sharekhan Delivery Trading, you need to pay 0.5% of the total transaction amount as brokerage to the firm. It has kept its charges for the Delivery trade at the average of the market.

    Sharekhan Intraday Trading

    Sharekhan Intraday Charges
    Equity Intraday0.10%

    For the Sharekhan Intraday Trading service, the charge is 0.1% which is on the higher end. The average charge for the intraday segment is lower than this in the market. However, due to the exceptional quality services and the range of the products of the firm, this charge can be justified.

    Sharekhan Option Trading

    Sharekhan Option Charges
    Equity OptionsRs.100 per Lot

    The charges for Sharekhan Option Trading is Rs.100 per lot. This is for the equity options trading and this is really high if compared to most of the brokerage houses in the market.

    Sharekhan Futures Trading

    Sharekhan Futures Charges
    Equity Futures0.10%

    The firm also offers futures trading facility and the Sharekhan Futures Trading charges are fixed at 0.1% of the transaction. The rate is high no doubt but the firm offers such facilities which make it worth the expense.

    Sharekhan Currency Trading

    Sharekhan Currency Charges
    Currency OptionRs.30 per Lot
    Currency Futures0.10%

    For Sharekhan Currency Trading, you need to pay Rs.30 per lot for the currency options segment. For the currency futures segment, the charge is levied at 0.1% of the turnover. The charges for the currency options are average while for the currency futures is a little higher.

    Sharekhan Commodity Trading

    Sharekhan Commodity Charges
    Commodity Trading0.10%

    The Sharekhan Commodity Trading can be availed at a charge of 0.1% of the transaction amount. The firm offers a wide range of commodities to choose from and trade. The charge may seem a little bit higher as per the market average rate for the same.


    Find Segment Trading Charges of other Brokers

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    Paytm Money TradingAditya Birla TradingSBI Trading

     


    Sharekhan Online Trading Process

    For starting Sharekhan Online Trading you need to follow the below-mentioned process –

    Opening Account

    1. For account opening with Sharekhan, you have to click on this button here on this webpage, which reads
    2. Fill the form that appears on the screen of your computer and click on submit
    3. Submit documents online, as asked by the company representative who call you back.
    4. You will receive the login details on your mail if your application and documents are verified and approved

    Login

    1. Use the user id and the password received on your mail to login to the Sharekhan website
    2. Check the trading platforms and download the trading terminal and download the mobile trading application from Google Playstore or Apple Store.

    Downloading and setting up trading platforms

    1. Download the trading platforms – terminal software, and mobile application or login to the web-browser based platform directly.
    2. Create the watchlist of stocks by adding your favourite stocks scrips
    3. You are all set to start trading

    Trading

    1. Select the stocks you want to trade
    2. Get all the details of the stocks – current price, highs, lows, and others
    3. There is BUY, SELL, CANCEL, MODIFY and other options
    4. So, while placing the order, you need to click the Buy or Sell option.

    Sharekhan Online Trading Platforms

    The Full-service Brokerage house, Sharekhan has different Sharekhan Online Trading Platforms.

    • Sharekhan Trade Tiger is the trading terminal which is highly powerful terminal software. It is highly recommendable for active traders. It helps you trade a variety of assets, using the technical tools is super easy on this platform and it has a load of it.
    • The Sharekhan App is the mobile application tool that is offered by the firm. It has been in use from a time when a mobile application for trading was not that popular in the market. It offers live reports, news, real-time updates, easy fund transfer and many other facilities.
    • Sharekhan Mini is an online trading platform for the places where the internet is slow. It can work on the 2G network as well and thus, it helps the traders from remote places to trade whenever they want.
    • Sharekhan also offers Sharekhan NEO which is an initiative to make Robo-advisory services popular.

    Check out Online Trading Services of other Brokers

    Profitmart TradingAnand Rathi TradingReliance Trading
    SAS Online TradingChoice Broking TradingReligare Trading
    Bonanza Portfolio TradingGeojit TradingTradebulls Trading
    Indiabulls TradingNJ Wealth TradingVentura Trading

    Sharekhan Trading – Conclusion

    With Sharekhan Trading services, you can trade across different segments of the market at a cost that is perfectly justifiable as per the quality and quantity of services offered by Sharekhan.

    Sharekhan Online Trading services is one of the largest in the industry because of its exceptional quality of service.


    Open Trading Account with Sharekhan – Fill up the Form Now!

      Fill Your Details Here
      1. Open Demat Account

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