Sharekhan Rated 3/5

Sharekhan Guide - Read our In Depth 2024 Sharekhan Review

This detailed Sharekhan review has been researched and fact checked by industry experts with over 30 years of financial experience in Equity, Commodities, Mutal funds.

Learn more about Sharekhan.

Benefits of Trading with Sharekhan

Sharekhan Review 2024 Quick Summary
💰 Min Deposit No minimum deposit
👱‍♂️ Used By 1,500,000 Sharekhan users and traders
📆 Founded 2000
🌍 HQ India
👮‍♂️ Regulation Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
🚫 Excluded Countries Sharekhan is not available in the following countries : Cuba, Iran, North Korea, Syria, Crimea

Open Sharekhan's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Sharekhan?

Sharekhan are a worldwide financial trading platform and broker. founded in 2000

Over 24 years later Sharekhan now serves over 1,500,000 retail investors Equity trading, Commodities trading, and Mutal funds trading.

Sharekhan are a global broker. Sharekhan have a head office in India.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Sharekhan review and assess how well the Sharekhan platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Sharekhan. Choosing or shortlisting a trading platform like Sharekhan can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Sharekhan.

As a result, selecting the right trading platform like Sharekhan requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Sharekhan available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Sharekhan requires thorough due diligence and careful consideration. Some Sharekhan trading features can be complex when trading on mobile or using the Sharekhan online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Sharekhan trading tools properly. In our review of Sharekhan we explain the pros and cons. What Sharekhan offer, countries Sharekhan are available in. Who Sharekhan are regulated by and more.

Sharekhan Review Screenshot

When it comes to online trading with brokers like Sharekhan, carefully review Sharekhan as your broker can make or break your success. Choosing the right broker is essential to ensure your Sharekhan investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Sharekhan review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Sharekhan. You must also ensure the Sharekhan broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Sharekhan needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Sharekhan into easily digestible information in this Sharekhan review. We want to ensure you have all the knowledge necessary to use the Sharekhan trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Sharekhan are the key to successful trading, so we've provided this detailed Sharekhan review. So, take a seat, grab a cup of coffee, and dive in to learn about Sharekhan and how it can benefit you or if Sharekhan is not for you.

Online investing with Sharekhan can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Sharekhan, evaluating the Sharekhan platform is important. Evaluation includes researching the Sharekhan management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Sharekhan. That's why it's essential to understand the Sharekhan company policies and practices before making any investment decisions. By doing your due diligence and understanding Sharekhan platform, you can make informed investment choices that align with your financial goals. So take the time to research Sharekhan thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Sharekhan review you need to determine if Sharekhan is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Sharekhan, so you can make a more informed decision and compare other brokers against Sharekhan.

If you want to look at some Sharekhan alternatives that might better fit your needs, we list and compare some of the best Sharekhan alternatives further down this Sharekhan review.

Trading online with Sharekhan requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the Sharekhan trading tools and features. You must know what you are doing when trading with Sharekhan. That's why we've compiled this detailed Sharekhan review with some important information that will hopefully make you more informed when online trading with Sharekhan.

Sharekhan Review Table of Contents

Sharekhan review
Sharekhan is a Multi-Assets Trading Platform with over 5000+ Assets

Learn more about Sharekhan. Sharekhan is a multi asset platform with 5000+ tradable Assets. Assets available on Sharekhan include Equity, Commodities, Mutal funds.

Sharekhan trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Equity, Commodities, Mutal funds are considered financial assets.

Features of Sharekhan

Sharekhan review
What you should know

Sharekhan offer three ways to trade: Equity, Commodities, Mutal funds. The assets and products available to you on the Sharekhan trading platform depends on the region of the world, you are in and the Sharekhan entity you have an account.

With Sharekhan you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Sharekhan platform.

Sharekhan are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Sharekhan safe?

When considering Sharekhan for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Sharekhan, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2000, and in operation for 24 years Sharekhan have a head office in India.

Sharekhan is regulated. This means Sharekhan are supervised by and is checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange regulatory bodies.

Sharekhan withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Sharekhan are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Sharekhan are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Sharekhan and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Sharekhan has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Sharekhan will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Sharekhan, you can enjoy peace of mind and focus on your trading activities. If Sharekhan violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Sharekhan?

All payments made to Sharekhan by traders are securely held in a segregated bank account.

Sharekhan uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Sharekhan use them?

Sharekhan partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Sharekhan clients' funds.

Sharekhan clients can have greater confidence in their financial security when working with a Tier 1 bank because Sharekhan are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Sharekhan deposited in a Tier 1 bank?

Depositing funds with Sharekhan ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Sharekhan were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Sharekhan is a secure and safe platform.

Please be aware that trading in financial assets with Sharekhan carries a risk of loss. Sharekhan trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Equity, Commodities, Mutal funds due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Sharekhan emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Sharekhan, let's closely examine its features.

To better understand the Sharekhan trading platform, you can create two separate accounts - one with real money and the other a Sharekhan demo account. A Sharekhan demo account provides a risk-free environment for experimenting with the Sharekhan platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Sharekhan trading decisions.

Open a demo account Visit Sharekhan

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Sharekhan as a Company Compare Against Other Brokers

Broker sharekhan IC Markets Roboforex eToro
Year Established 2000 2007 2009 2007
Head Office India Australia Belize Cyprus, UK
Regulation Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 1,500,000+ Sharekhan users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Sharekhan Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

Sharekhan review
Sharekhan Pros and Cons

What we like about Sharekhan

  • Used by over 1,500,000 Sharekhan users and traders
  • Established in 2000
  • Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
  • Min. deposit from $0

What we don't like about Sharekhan

Sharekhan review
Sharekhan Regulation and Licensing in more detail

Sharekhan is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Sharekhan going into insolvency. Sharekhan compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Sharekhan to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Sharekhan traders.

  • Securities and Exchange Board of India (SEBI)
  • Member of the Bombay Stock Exchange

Sharekhan is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Sharekhan you should be sure they're legitimate online agent.

Is Sharekhan Global?

Yes, Sharekhan is global as Sharekhan is available in over 194 countries.

Sharekhan is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Sharekhan covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Sharekhan has a total of more than 1,500,000 users.

Sharekhan review
Sharekhan Awards

Sharekhan have won numerious industry awards over the 24 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Sharekhan below.

  • NSE Market Achievers Awards 2018
  • NSDL Star Performer Awards 2018
  • Second Top Performer in New Accounts Opened
  • Best Commodity Retail Broking House award 2019

Sharekhan review
Sharekhan Fees Explained

  • Sharekhan doesn't charge withdrawal fees.
  • Sharekhan does not charge a fee for inactive accounts.
  • Sharekhan doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Sharekhan are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Sharekhan Costs To Check

Modern brokers like Sharekhan provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Sharekhan may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Sharekhan trading profitability.

How Sharekhan Fees Compare Against Other Brokers

Broker sharekhan IC Markets Roboforex eToro
Min Deposit 0 200 10 100
Withdrawal Fees No No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

Sharekhan Minimum Deposit

Sharekhan does not require a minimum deposit when opening an Sharekhan trading account.

In the trading world, brokers like Sharekhan, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Sharekhan Withdrawal Fees

Sharekhan doesn't charge withdrawal fees.

Sharekhan Withdrawal rules may vary across different brokers when it comes to transferring funds from your Sharekhan or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Sharekhan may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Sharekhan withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Sharekhan. Researching and comparing Sharekhan withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Sharekhan funds frequently or dealing with large sums of money. Awareness of these Sharekhan fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Sharekhan funds.

For example, Sharekhan allows you to withdraw your funds to Credit cards, Bank Transfer, PayPal, Debit cards.

Sharekhan Inactivity Fees

Sharekhan does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Sharekhan terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Sharekhan fees and services. It's recommended that you check the Sharekhan website before signing up. If you decide to close your Sharekhan account, it's important to do so with the Sharekhan broker customer support and obtain confirmation that no remaining Sharekhan fees are due.

Brokers like Sharekhan must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Sharekhan Deposit Fees

Sharekhan does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Sharekhan Commission Fees

Sharekhan does not charge commission on CFD instruments.

Brokerage firms like Sharekhan may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Sharekhan trading account level held by the trader.

Sharekhan may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Sharekhan terms and conditions to understand the commission fees and any other charges that may apply is essential.

Sharekhan review
What can you trade with Sharekhan?

It's essential to note that the trading instruments offered under the Sharekhan brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Sharekhan trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Sharekhan over 5000 instruments in fact.

If you want to trade currency pairs on global Forex markets, Sharekhan offer over 0 currency pairs.

Sharekhan Compared To Other Brokers

Compare Sharekhan with IC Markets and Roboforex below.

Your capital is at risk

How Sharekhan Trading Options Compare Against Other Brokers

Broker sharekhan IC Markets Roboforex eToro
Instruments Available 5000 2250 100 5000
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 0 61 35 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 14 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 5000 2100 0 2042
UK Shares No Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Sharekhan
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

Sharekhan review
Trading on Sharekhan web platforms and other applications

Sharekhan provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

Sharekhan also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Sharekhan's platforms

Is the Sharekhan Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Sharekhan trading platform to protect you on PC and mobile Sharekhan platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Sharekhan web trading platforms.

Sharekhan Trading Platform Options

Sharekhan does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Sharekhan offers its custom trading platform developed and tested in-house. The Sharekhan trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Sharekhan platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Sharekhan, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Sharekhan platform, including news and quotes. Discover possible trades with the strong charting tools found with Sharekhan. Sharekhan is available as downloadable applications or online through the cloud. Monitor your orders with Sharekhan and receive breaking news in your positions.

Sharekhan Trading benefits

  • Sharekhan Allows hedging
  • Sharekhan Offers STP
  • Sharekhan Low min deposit
  • Sharekhan Offers Negative Balance Protection

Sharekhan Trading Accounts Offered

Below we give an overview of the account types that Sharekhan offer. Whatever you are looking to trade, the varying Sharekhan account types will be able to provide you with what you need.

  • Sharekhan STP account

Can I try Sharekhan?

Sharekhan provides a demo account that enables individuals to explore trading before investing their funds. By creating a Sharekhan practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Sharekhan demo account can help individuals to make informed decisions before investing their money.

Open a demo Sharekhan account to practice and trade.

Your capital is at risk

Sharekhan withdrawal and funding methods

It's essential to remember that the payment methods provided by Sharekhan vary based on the Sharekhan entity and the Sharekhan client's country of residence. To view the Sharekhan payment options available, you can log into your Sharekhan member's area.

Sharekhan offers various funding payment methods listed in your Sharekhan dashboard if available in your region. To learn more about the Sharekhan funding and withdrawal options available in your area, you can explore the Sharekhan website.

Sharekhan provides several payment methods for funding your Sharekhan account. You may utilize any of these deposit options if they are available in your region. Sharekhan ensures that users have multiple payment methods to choose from, making it more convenient for verified Sharekhan account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Sharekhan user's location. learn more about Sharekhan funding and withdrawal methods.

Sharekhan Payment Methods

Some Sharekhan payment methods are local and are available only to specific regions. Sharekhan account holders should check which payment methods are provided in your region.
  • Sharekhan accepts Credit cards
  • Sharekhan accepts Bank Transfer
  • Sharekhan accepts PayPal
  • Sharekhan accepts Debit cards
Broker sharekhan IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Sharekhan and other broker payment methods depend on the clients country of residence.

How can I start trading with Sharekhan?

To open a trading account with Sharekhan, individuals can sign up on the Sharekhan website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Sharekhan account validation and making a deposit. Once completed, Sharekhan users can download the trading platform of their choice.

It's important to note that Sharekhan requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Sharekhan maintain a trustworthy financial environment for its 1,500,000 users. Detailed information on the Sharekhan trading platforms is available on their website.

Your capital is at risk

Performing trades with Sharekhan

When using Sharekhan, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With STP execution on the Sharekhan platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

Like other brokers, Sharekhan margin requirements can differ depending on the traded instrument.

Limiting Your Risk When Trading with Sharekhan Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like Sharekhan. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Sharekhan trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Sharekhan trading losses are always limited to the current balance of funds in the trader's account.

Even if an Sharekhan trader experiences a significant loss, they will never owe more money than what is available in their Sharekhan account balance.

It's important for Sharekhan traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Sharekhan losses are limited to the funds available in your Sharekhan account when negative balance protection is in place.

Education Resources at Sharekhan

To trade effectively with Sharekhan, it's important to have a good understanding of the Sharekhan trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Sharekhan and externally.

Sharekhan . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Sharekhan. Familiarizing yourself with the Sharekhan trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Sharekhan. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Sharekhan involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Sharekhan, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Sharekhan. Explore the Sharekhan platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Sharekhan, before live trading.

Customer Support at Sharekhan

As part of our Sharekhan review, we review customer service options, response times and problem resolution effectiveness on the Sharekhan trading platform. The Sharekhan trading platform supports multiple languages, which includes English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文.

Sharekhan Available Support Types

Based on our experience, we have given Sharekhan a D grade for customer support. We encountered some slow response times or Sharekhan queries that were left unanswered.

Compared to other brokers, Sharekhan offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Sharekhan

Sharekhan does not offer LiveChat Support.

Email Support at Sharekhan

We tested the email support of Sharekhan by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Sharekhan response.

The Sharekhan team did resolve and answer our queries, but the email support from Sharekhan was overall average compared to other brokers we have tested.

Phone Support at Sharekhan

We contacted Sharekhan via phone and received quick assistance within 10 minutes of our call.

The Sharekhan phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Sharekhan and found that they could assist us in various languages.

While we found the Sharekhan phone support satisfactory, there is room for improvement in response time.

See how Sharekhan Support Compares Against Other Brokers

Broker sharekhan IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Sharekhan Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Sharekhan

As Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

As a new client of Sharekhan, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Sharekhan in your region. During the Sharekhan account opening process, you will be asked to provide Sharekhan with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Sharekhan have the following documents available.

  • Sharekhan require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Sharekhan compliance. This must be dated within the last six months.
  • If you plan to fund your Sharekhan account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Sharekhan platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Sharekhan Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Sharekhan's platform.

However, remember that you won't be able to make trades on Sharekhan until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Sharekhan KYC compliance process as soon as possible to avoid any delays in accessing the Sharekhan platform's features.

It is important to note that Sharekhan may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Sharekhan platform and features immediately. However, you must pass the verification process to start live trading with Sharekhan, which can take up to a few business days.

To start the process of opening an account with Sharekhan you can visit the Sharekhan trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.sharekhan.com/ on March 25, 2024.

Watch this Sharekhan Explainer Video

Is Sharekhan A Good Broker?

We have spent over 5 years examining Sharekhan in depth. Although we found some very useful aspects of the Sharekhan platform that would be useful to some traders. We feel that a alternative to Sharekhan may better suit you.

  • Sharekhan have a good track record of offering Equity, Commodities, Mutal funds.
  • Sharekhan has a history of over 24 years.
  • Sharekhan has a reasonable sized customer support of at least 10.
  • Sharekhan are regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Sharekhan is subject to strict regulatory oversight from its respective jurisdiction, which holds Sharekhan (the broker) accountable for misconduct. This regulatory framework helps ensure that Sharekhan operates fairly and transparently and provides Sharekhan customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Sharekhan.
  • Sharekhan have regulation from reputable regulators.
  • One of the advantages of using Sharekhan is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Sharekhan are particularly important as Sharekhan traders want to receive their money quickly. With the efficient Sharekhan payment processing system, traders can enjoy faster access to their Sharekhan funds.
  • Sharekhan have an international presence in multiple countries. Including local Sharekhan seminars and training.
  • Sharekhan can hire people from various locations in the world who can better communicate in your local language.

Sharekhan Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Sharekhan not quite right?

If after reading this Sharekhan review, Sharekhan does not fulfill your needs check out these Sharekhan Alternatives.

Click here to view the best Sharekhan Alternatives

We have spent years researching the best alternatives to Sharekhan. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Sharekhan alternatives available today. If you are unsatisfied with Sharekhan or want to explore other options, we recommend checking out our carefully curated list of highly-rated Sharekhan alternatives. Follow the links below to learn more about these Sharekhan broker alternatives and choose the one that best suits your trading needs.

Related Sharekhan Vs Comparisons

Throughout our comprehensive Sharekhan review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Sharekhan against other popular brokers in the industry, check out our Sharekhan Vs pages. Our team has compiled a series of detailed Sharekhan comparison articles, pitting the Sharekhan platform against some of the best-rated Sharekhan competitors in the market. Dive into our informative Sharekhan Vs pages below to find out how Sharekhan stacks up against other leading brokers.

Sharekhan review
SHAREKHAN Frequently Asked Questions

Read our detailed Sharekhan FAQ Section updated for 2024.

Can I try Sharekhan?

Sharekhan do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Sharekhan accept?

Please note that the list of payment methods below depends on the Sharekhan Entity and the client's Country of Residence.

Sharekhan offer the following funding payment methods Credit cards, Bank Transfer, PayPal, Debit cards, among other payment methods.
Learn more here

Your capital is at risk

Is Sharekhan safe?

Sharekhan have over 1,500,000 users. Sharekhan are considered reliable as they are regulated by and checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Any payments funded to Sharekhan accounts by traders are held in a segregated bank account. For added security,Sharekhan use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Sharekhan is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Sharekhan unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is Sharekhan trading good?

Sharekhan is considered good and reputable to trade with Sharekhan. Sharekhan is used by over 1,500,000 traders and Sharekhan users. Sharekhan offers Equity trading, Commodities trading, and Mutal funds trading. Minimum deposit with Sharekhan is 0.

Is Sharekhan trading Legit?

Sharekhan was founded in India in 2000. Sharekhan has been facilitating trade on the financial markets for over 24 years. Sharekhan offers clients Equity trading, Commodities trading, and Mutal funds trading. All funds deposited to Sharekhan are held in segregated bank accounts for security. Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered legit.

Is Sharekhan a good broker?

Sharekhan allows Equity trading, Commodities trading, and Mutal funds trading. Sharekhan is overseen by the top tier financial regulators Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered a good broker.

Is Sharekhan trustworthy broker?

Sharekhan is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Sharekhan, money is in a segregated bank account that is separate from Sharekhan company's funds. As a regulated broker, Sharekhan cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Sharekhan. Instead, your Sharekhan funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Sharekhan. Also Sharekhan is regulated in its local jurisdictions including major financial regulators like Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

What is the minimum deposit for Sharekhan?

The minimum deposit to trade with Sharekhan is 0.

How long do Sharekhan withdrawals take?

Withdrawing money from Sharekhan processing time varies depending on the method but averages 1-5 days.

Is Sharekhan regulated?

Sharekhan is regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Regulatory bodies conduct regular reviews and audits as part of Sharekhan maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Sharekhan a market maker?

Sharekhan is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with Sharekhan?

When opening a trading account with Sharekhan, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Sharekhan trading platforms, you can follow the link provided below: Learn more about signing up with the Sharekhan trading platform here. This will provide useful information and insights into the various trading platforms offered by Sharekhan, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Sharekhan?

Yes your money is safe with Sharekhan.

Overall, strict financial regulation is essential for ensuring that trading platforms like Sharekhan operate fairly, transparently, and responsibly, which ultimately benefits all Sharekhan stakeholders involved.

Trading platforms like Sharekhan must have strict financial regulation for several reasons:

  • Protecting Sharekhan Investors: Strict financial regulation ensures that investors who use the Sharekhan trading platform are protected against fraudulent or unethical behavior by the Sharekhan platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Sharekhan platform.
  • Maintaining Sharekhan Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Sharekhan trading platform. Regulatory procedures reduce the likelihood of the Sharekhan platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Sharekhan Transparency: Regulations require trading platforms like Sharekhan to maintain detailed records and disclose Sharekhan client information. Financial regulatory requirements enhances transparency and helps to build trust between the Sharekhan platform and its investors.

Sharekhan is regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. When selecting a broker such as Sharekhan, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Sharekhan ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Sharekhan.

Is Sharekhan a con?

Sharekhan is regulated and well established, having been in business for over 24 years. Sharekhan is not a con.

Can you make money with Sharekhan?

Although traders have had great success with Sharekhan, trading on the financial markets with Sharekhan is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Sharekhan have fees?

Sharekhan doesn't charge withdrawal fees. Sharekhan doesn't charge inactivity fees. Sharekhan doesn't charge deposit fees.

When was Sharekhan founded?

Sharekhan was founded in 2000.

How many people use Sharekhan?

Sharekhan is used by over 1,500,000 registered Sharekhan users.

What is Sharekhan Headquarters country?

Sharekhan has its head quarters office in India .

Does Sharekhan offer negative balance protection?

Sharekhan offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Sharekhan offer guaranteed stop loss?

Sharekhan does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Sharekhan allow scalping?

Sharekhan does not offer scalping.

Does Sharekhan allow hedging?

Sharekhan offers hedging.

Does Sharekhan offer CFD trading?

Sharekhan does not offer CFD trading.

Does Sharekhan offer STP?

Sharekhan offers STP trading.

How many people use Sharekhan?

Sharekhan is used by over 1500000 Sharekhan users and traders.

Is Sharekhan an ECN broker?

Sharekhan does not offer ECN trading.

Does Sharekhan offer a demo account?

Sharekhan does not offer demo account.

Does Sharekhan offer an Islamic account?

Sharekhan does not offer Islamic accounts.

What are the funding methods for Sharekhan?

Please note that funding methods and options available with Sharekhan can be found in the Sharekhan Members area and depend on the Sharekhan client’s country of residence. Please check your specific available payment methods on the Sharekhan website. Sharekhan accept the following funding methods : Credit cards, Bank Transfer, PayPal, Debit cards.

Sharekhan review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Sharekhan brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Sharekhan review written by Mark Hansen of Comparebrokers.co