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Sharekhan

India|5-10 years|
Suspicious Regulatory License|Global Business|High potential risk|

https://www.sharekhan.com

Website

Rating Index

Influence

Influence

AA

Influence index NO.1

India 9.35

Surpassed 92.71% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+91 022-25753200
igc@sharekhan.com
https://www.sharekhan.com
The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400 028, Maharashtra, INDIA.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+91 022-25753200

Broker Information

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Company Name

Sharekhan Limited

Company Abbreviation

Sharekhan

Platform registered country and region

India

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Sharekhan · Company Summary

BASIC INFORMATION:

Sharekhan is a stock and derivatives brokers in India. Founded in 2000, the brokerage was one of the pioneers of online trading in India and considers itself your guide to the financial jungle. By 2020, the broker had acquired over 1.4 million customers and had 400,000 trades executed daily. These customers come from all over the world, comprised of resident and non-resident Indians (NRIs), who can open accounts and use both online and offline login options. Sharekhans head office/headquarters are in Mumbai, India.

REGULATORY INFROMATION: LICENSE

No valid regulatory information

Please be aware of the risk!

MARKETS

Through Sharekhan you can trade a variety of markets: Stocks ETFs,Forex, mutual funds, bonds, futures and optrions (F&O). At this point, you cannot trade CFDs and Crypto.

Sharekhan gives access to two stock Indian stock exchanges, the NSE and BSE, and over 130 ETFs, which offer an opportunity for traders to invest in US stocks. Forex can only be traded as futures and there are six currency pairs on offer. There are over 50 mutual fund providers on offer.

Sharekhan lets you access futures and options (F&O) after filling out the activation form online. These can be traded on either of the two exchanges available. Profits can also be calculated through F&O brokerage calculators.

TRADING FEES

There are many charges associated with trading on Sharekhan. Demant Account are subject to annual maintenance charges (AMCs) of INR 400, though there are no fees during the first year.

Trading fees are also charged by Sharekhan, with intra trading incurring fees of 0.1%. Delivery charges are 0.5% and commodities are charged 0.1%. There are no charges for mutual fund trading.

Futures and options trading with Sharekhan are charged varying fees, with futures incurring a 0.1% charge. Options are charged either INR 100 per lot or 2.5% of the premium (whichever is higher). Forex currency futures are charged a 0.1% commission.

LEVERAGE

Leverage and exchange margin funding (EMF) rates for Sharekhan vary depending on whether you are intraday trading or not. The intraday leverage rate is 1:6, while other forms of margin trading are capped at 1:2.

ACCOUNT TYPES

Sharekhan offers four account types to suit different customers needs. There is the first step account (for beginners), classic account (for investors), trade tight account (for active traders) and advisory account (for High-net-worth investors or HNIs).

PAYMENT METHODS

With Sharekhan, it is only possible to deposit and withdraw funds via bank wire transfer Credit/debit cards and electronic wallets are not accepted. Typically, it takes around 2-3 days for deposits and withdrawals to be processed and for the money to appear in the recipient account

TRADING PLATFORMS

· Web Trading platform

· Desktop Trading Platform Is Trade Tiger

· Dial-N-Trade Service

TRADING HOURS

Sharekhans trading hours match those of the stock exchanges they offer trading on. The market opens at 09:00 IST (GMT +5:30) and closes at 17:00 IST. The broker also offers an after-hours market from 23:00 to 09:00 that allows customers who cannot trade in the day to set orders to be executed the next day.

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FX1624429839
more than one year
I've been trying for three days straight and still can't get my money out. They keep citing network upgrades as the reason, but it's frustrating that even after three days, nothing's changed. Dealing with customer service just makes me feel like my money's stuck for good.
2024-02-23 14:21
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0
more than one year
Sharekhan is perfect at its best! Trading with them is so enjoyable. One of the greatest things is its trading market range, as being a huge financial institution client getting some of the best available proposals.
2023-03-09 16:28
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