Sunteți pe pagina 1din 7

Are you a day trader ?

Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI
Direct and HDFC Securities). Sharekhan provides brokerage services through its online
trading website Sharekhan.com and 1800 offices which includes branches & franchises in
over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though
it's very successful online trading platform and the chain of franchises located in almost every
part of India. Sharekhan also has international presence in the UAE and Oman.

Sharekhan offers its services to all kinds of customers including individual investors and
traders, corporate, institutional and NRI's. As of Dec 2018, Sharekhan has over 17 lakh
customers. Sharekhan offers trade execution facilities for equity cash and derivatives
segments on BSE and NSE, commodities trading facilities on MCX and NCDEX. Sharekhan
also offer depository services (demat account) and option to invest in mutual funds and IPOs.

Sharekhan.com is the finest investment portal for India stock market. The well designed
website provides wide range on investment options, share market news, research reports,
stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much
more.

The new Sharekhan App is user friendly and has been redesigned keeping user's requirements
in mind. Along with its fresh new look, it also offers extensive features for both traders and
investors alike. Now, you can initiate trade easily, keep track of your stocks and manage
portfolio, all in one place.

Sharekhan also offers 'Sharekhan TradeTiger', one of the most popular trading terminals, for
retail investors. The Trade Tiger is quite similar to Broker Terminal and allows frequent
traders to place and execute their orders at a high speed. It also provides live data and other
tools on the same screen to help the users with their trades.

Sharekhan's 'ShareMobile' platform offers trading facility though mobile application. Mobile
apps are available for popular iPhone, iPad, Blackberry, Android and other phones.

Services offered by Sharekhan include trading in equity, F&O and Commodity and
investment in IPO's, Mutual Funds, Insurance, Bonds and NCD's. Company also provide
Sharekhan Demat Account and registered as a depository participant with NSD and CDS.
Sharekhan offers verity of accounts to suite customer requirement. These accounts include
Sharekhan First Step Account, Sharekhan Classic Account, Sharekhan Trade Tiger Account
and Portfolio Mgmt Services (PMS) though Sharekhan Platinum Circle Account.

Sharekhan has its own research teams which regularly publishes investment advice, stock
tips, quarterly company result analysis and news alerts to its customer though email, SMS
and on Sharekhan.com. Sharekhan has an excellent knowledge center on its website to help
stock and commodity market investors of all kind. It also offers free online and classroom
seminars / workshops to investors. Each Sharekhan Accounts comes with online and in-
person help from Sharekhan representative.

Account Types
1. Classic account
Allow investor to buy and sell stocks online along with the following features like multiple
watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with
price alerts and Instant credit & transfer.

a. Online trading account for investing in Equities and Derivatives

b. Free trading through Phone (Dial-n-Trade) I. Two dedicated numbers for placing your
orders with your cell phone or landline.

II. Automatic funds transfer with phone banking (for Citibank and HDFC bank customers)

III. Simple and Secure Interactive Voice Response based system for authentication

IV. get the trusted, professional advice of our tele brokers

V. After hours order placement facility between 8.00 am and 9.30 am

c. Integration of: Online trading + Bank + Demat account

d. Instant cash transfer facility against purchase & sale of shares

e. IPO investments

f. Instant order and trade confirmations by e-mail

g. Single screen interface for cash and derivatives

2. Trade Tiger account


This is a net based executable application for active traders who trade frequently during the
day's trading session. Following are few popular features of Trade Tiger account.

a. A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX
b. Multiple Market Watch available on Single Screen

c. Hot keys similar to a traditional broker terminal

d. Tie-up with 12 banks for online transfer of funds

e .Different tools available to gauge market such as Tick Query, Ticker, Market Summary,
Action Watch, Option Premium Calculator, Span Calculator

f. graph Studies are available including Average, Band- Bollinger, Know SureThing, MACD,
RSI, etc

Sharekhan Brokerage Charges 2019


Account Opening Fees & Annual maintenance charges (AMC)

•Trading Account Opening Charges (One Time): ₹0 (Free)

•Trading Annual maintenance charges (AMC): ₹0 (Free)

•Demat Account Opening Charges (One Time): Included in trading account opening charges

•Demat Account Annual Maintenance Charges (AMC): ₹400 (Free for 1st year with trading
account.)

Sharekhan Trading Brokerages Charges:


•Equity Cash Intra-day Trades: 0.10% on the buy side.

•Equity Delivery Trades: 0.50% or 10 paise per share or ₹16 per scrip whichever is higher.

•F&O Trades: 0.10% on the first leg and 0.10% if squared off on any other day.

•Options Trades: 2.50% or ₹250 per lot on the premium (whichever is higher).

•Currency Future: 0.10%.

•Currency Options: 2.50% or ₹30 per lot on premium (whichever is higher).

•Commodity: 0.10%.

Sharekhan Minimum Brokerage Fee:


1.For Intra-day Trades: Sharekhan charges minimum brokerage of 5 paise per share. This
means that while doing intraday trading if the share price you trade in is ₹50 or less, a
minimum brokerage of 5 paise per share will be charged.

2.For Delivery Based Trades: Sharekhan charges minimum brokerage fee of 10 paise per
share. This means; for delivery based trades minimum brokerage of 10 paise per share is
charged when the share price is ₹20 or less.
3.Minimum DP charges: DP charges of ₹16 per scrip is charged when the total traded value is
₹3200 or less in case of sell transaction.

Sharekhan Post Paid Plans


Sharekhan offers following post paid plans. To get the offer customer has to deposit the
margin money with Sharekhan based the plan they choose. The brokerage reduces as the
margin money is high.

Equity Future Options


Cash

Margin Leg 1 Leg 2 Delivery Leg 1 Leg 2 Leg 2 Option


Scheme (same (next day) (whichever is
day) higher)

25,000 0.10% 0.10% 0.50% 0.10% 0.02% 0.10% 2.50% or ₹100


per lot

30,000 0.10% 0.00% 0.50% 0.10% 0.00% 0.10% 2.50% or ₹100


per lot

40,000 0.09% 0.00% 0.45% 0.09% 0.00% 0.09% 2.25% or ₹95


per lot

50,000 0.07% 0.00% 0.40% 0.07% 0.00% 0.07% 1.50% or ₹80


per lot

1 Lakh 0.05% 0.00% 0.25% 0.05% 0.00% 0.05% 1.00% or ₹70


per lot

3 Lakh 0.04% 0.00% 0.20% 0.04% 0.00% 0.04% 1.00% or ₹50


per lot

5 lakhs 0.03% 0.00% 0.18% 0.03% 0.00% 0.03% 0.75% or ₹40


per lot

10 Lakhs 0.02% 0.00% 0.15% 0.02% 0.00% 0.02% 0.60% or ₹30


per lot

20 Lakhs 0.015% 0.00% 0.10% 0.015% 0.00% 0.015% 0.55% or ₹25


per lot
Sharekhan Pre Paid Plans
Sharekhan offers following pre paid brokerage plans. The plans are available for 6 month and
1 year as shown below:

Equity Future Options


Cash

Amount Period Leg 1 Leg 2 Delivery Leg 1 Leg 2 Leg 2 Option


(Rs) (same (next (whichever is
day) day) higher)

750 6 0.10% 0.00% 0.50% 0.10% 0.00% 0.10% 2.50% or


months ₹250 per lot

1000 6 0.09% 0.00% 0.45% 0.09% 0.00% 0.09% 2.25% or


months ₹238 per lot

2000 12 0.07% 0.00% 0.40% 0.07% 0.00% 0.07% 1.50% or


months ₹200 per lot

6000 12 0.05% 0.00% 0.25% 0.05% 0.00% 0.05% 1.00% or


months ₹175 per lot

10000 12 0.045% 0.00% 0.22% 0.045% 0.00% 0.045% 1.00% or


months ₹150 per lot

18000 12 0.04% 0.00% 0.20% 0.04% 0.00% 0.04% 1.00% or


months ₹125 per lot

30000 12 0.03% 0.00% 0.18% 0.03% 0.00% 0.03%


months 0.50% or
₹100 per lot

60000 12 0.02% 0.00% 0.15% 0.02% 0.00% 0.02% 0.50% or ₹75


months per lot

100000 12 0.015% 0.00% 0.10% 0.015% 0.00% 0.015% 0.50% or ₹63


months per lot

200000 12 0.005% 0.005% 0.08% 0.005% 0.005% 0.005% Flat ₹25 per
months lot
How to open account with Sharekhan ?
For online trading with Sharekhan, investor has to open an account. Following are the ways
to open an account with Sharekhan:

•Drop your phone number and Sharekhan Customer Service Executive will call you back for
trading & demat account.

Get information about Sharekhan broker, Sharekhan branches, Sharekhan sub broker,
Sharekhan support, Sharekhan customer care, Sharekhan user reviews, Sharekhan user
manual, Sharekhan website, Sharekhan review and Sharekhan toll free number .

Sharekhan Advantages
1.Sharekhan offers different trading platform to suite customer requirement. This includes
online browser based trading, Installable terminal, mobile, call n trade and in-person trade
though branch offices.

2.It offers different brokerage slabs to suit individual customers. Higher your trade your
brokerage gets reduced. They have multiple brokerage schemas are available with them.

3.Sharekhan offers online and classroom training, seminars and workshops to investors.

4.Sharekhan doesn't charge for Online Funds Transfer from bank account and Funds Pay-out
to bank account.

5.Sharekhan doesn't charge for DP transactions. Share transfer from and to the dp account is
free.

6.Sharekhan has India-wide network of branches. You can find surly find a Sharekhan in
your neighborhood.

7.Call & Trade facility is free with Sharekhan.

8.Sharekhan allows fixed deposit as collateral for future and option trading.

Sharekhan Disadvantages
1.Sharekhan doesn't offer 3-in-1 account as they don't provide banking services.

2.They brokerage charges are % based which are higher in comparison to flat fee brokers.

3.They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below
₹20. (If you trade, you will loose majority of your money in brokerage).

4.Facility to place orders after trading hours is not available.

5.Classic account holders cannot trade commodities.


Sharekhan Complaints received at BSE / NSE:
Number of customer complained against Sharekhan share broker. The Sharekhan consumer
complaints provide the summary of grievance which went to exchange for resolution.

Sharekhan consumer complaints


Exchange Financial Year Number of Clients Total Complaints

BSE 2018-19 92,506 12


NSE 2018-19 548,873 104
BSE 2017-18 209,178 36
NSE 2017-18 535,003 154
BSE 2016-17 149,829 17
NSE 2016-17 366,468 104
BSE 2015-16 131,690 29
NSE 2015-16 335,843 159
BSE 2014-15 82,092 34
NSE 2014-15 342,592 141