Sharekhan Review 2020

Sharekhan Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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Sharekhan Guide - Read our In Depth Sharekhan Review

This Sharekhan review was written by industry experts with over 20 years of financial experience in Equity, Commodities, Mutal funds.

What is Sharekhan?

Sharekhan are an a global online financial trading platform and multi asset broker founded in 2000

Over 20 years later Sharekhan has grown to offering retail investors Equity trading, Commodities trading, and Mutal funds trading.

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

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Sharekhan review and assess how well the Sharekhan platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Sharekhan can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Sharekhan we breakdown the pros and cons. What Sharekhan are able to offer, what countries Sharekhan are available in. Who Sharekhan are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Sharekhan review useful.

This review of the Sharekhan platform is very detailed. If you are interested in trading with Sharekhan in any capacity please take the time to read and research the whole Sharekhan review.

We have tried to explain the ins and outs of financial trading through the Sharekhan platform as plainly as possible so that you the trader are as informed as possible before you start to use the Sharekhan trading tools and depositing and withdrawing funds from Sharekhan.

Benefits of trading with Sharekhan

Open Sharekhan's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Sharekhan like Equity trading, Commodities trading, and Mutal funds trading. you should have confidence in Sharekhan and know that the management of your financial investments on the Sharekhan platform is in good hands.

At the bottom of this Sharekhan review you can also learn about some pretty good alternatives to Sharekhan

With this Sharekhan review we hope to help you see if Sharekhan is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Sharekhan that will help you get off to a good start in the world of online trading.

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. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Equity, Commodities, Mutal funds are considered financial assets.

Sharekhan review
Features of Sharekhan

Sharekhan review
What you should know

Sharekhan offer three ways to trade: Equity, Commodities, Mutal funds.

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.

Sharekhan review
Are Sharekhan safe?

When choosing a broker like Sharekhan the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2000, and in operation for 20 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.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Sharekhan, this will be honored. If Sharekhan violate any regulatory rules their regulated status could be stripped.

Sharekhan review
Is my money safe with Sharekhan?

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 banks financial health and strength.

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

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

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

Having any money you deposit with Sharekhan means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Sharekhan goes out of business for some reason.

Therefore, we can safely conclude that Sharekhan is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Equity, Commodities, Mutal funds is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Sharekhan also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Sharekhan. let us look at the Sharekhan features in more detail.

Try creating two accounts when you are working with Sharekhan. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

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 eToro IC Markets XTB
Year Established 2000 2006 2007 2002
Head Office India Cyprus, UK Australia Poland
Regulation Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 1,500,000+ Sharekhan users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Sharekhan Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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

We have checked and Sharekhan is regulated and supervised by reputable organisations. You are able to check every Sharekhan supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Sharekhan. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Sharekhan traders and provide a safe trading environment.

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

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

Sharekhan review
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 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Sharekhan covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Sharekhan has a total of more than 1,500,000 users.

Sharekhan review
Sharekhan Awards

Sharekhan have won numerious industry awards over the 20 years they have been operating as a financial broker. We list the most notible 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.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Sharekhan Fees Compare Against Other Brokers

Broker sharekhan eToro IC Markets XTB
Min Deposit 0 200 200 0
Withdrawal Fees No Yes No varies
Inactivity Fees No Yes No No
Deposit Fees No No Varies No
CFD Commission Fees No No Yes Yes

Sharekhan review
Sharekhan Minimum Deposit

Sharekhan do not require a minimum desposit when opening a Sharekhan trading account.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Sharekhan review
Sharekhan Withdrawal Fees

Sharekhan doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Sharekhan for example allow you to withdraw your funds to Credit cards, Bank Transfer, PayPal, Debit cards.

Sharekhan review
Sharekhan Inactivity Fees

Sharekhan does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Sharekhan review
Sharekhan Desposit Fees

Sharekhan does not charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Sharekhan review
Sharekhan Commission Fees

Sharekhan does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Sharekhan review
What can you trade with Sharekhan?

Be aware that Different entities under Sharekhan Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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

If you are looking at trading currency pairs Sharekhan offer over 0 currency pairs.

Compare Sharekhan with eToro and IC Markets below.

Your capital is at risk

How Sharekhan Trading Options Compare Against Other Brokers

Broker sharekhan eToro IC Markets XTB
Instruments Available 5000 2000 232 4000
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 0 50 65 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs        
Commodities Offered 14 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 5000 957 100 1696
UK Shares No Yes No 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 eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sharekhan review
Trading on Sharekhan web platforms and other applications

Sharekhan offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Sharekhan also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Sharekhan's platforms

Sharekhan review
Is the Sharekhan Trading Platform Secure?

Sharekhan safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Sharekhan also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Sharekhan.

Sharekhan review
Sharekhan Trading Platform Options

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

Sharekhan offer an their own custom trading platform developed and tested in house. The Sharekhan trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The Sharekhan platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With Sharekhan you can look for and 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 :

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

Sharekhan Trading Accounts Offered :

  • STP account

Can I try Sharekhan before I buy?

Sharekhan offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Sharekhan withdrawal and funding methods.

Please note that the list of Sharekhan payment methods below depend on the Sharekhan Entity and the Clients Country of Residence.

Sharekhan offer the below funding payment methods. learn more about Sharekhan

Sharekhan Payment Methods

  • Sharekhan accepts Credit cards
  • Sharekhan accepts Bank Transfer
  • Sharekhan accepts PayPal
  • Sharekhan accepts Debit cards
Broker sharekhan eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

How can I start trading with Sharekhan?

When opening a trading account with Sharekhan, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Sharekhan trading platforms here.

Your capital is at risk

Performing trades with Sharekhan

Sharekhan allow you to execute a minimum of trade of varies. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Sharekhan offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Limiting Your Risk When Trading with Sharekhan Negative Balance Protection

We should say something about negative balance protection with Sharekhan. When trading using leverage an adverse move could result in losing more than your trading account balance at Sharekhan. Your Sharekhan account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Education resources at Sharekhan

To trade effectively with Sharekhan, it's important to get a have a good understanding of the Sharekhan trading tools and the markets.

Sharekhan offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Sharekhan.

Take time to look around the Sharekhan platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Sharekhan

Sharekhan support a wide range of languages including English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文

Sharekhan have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Sharekhan less customer support features compared to other brokers like live chat, phone and email support. 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 sent several emails to Sharekhan and answer times overall were excellent. The fastest response from Sharekhan was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Sharekhan, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Sharekhan.

Phone Support at Sharekhan

We called Sharekhan and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Sharekhan phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Sharekhan team by calling in varying languages. Sharekhan made an effort to make sure our queries were answered.

Overall the phone support from Sharekhan was okay.

See how Sharekhan Support Compares Against Other Brokers

Broker sharekhan eToro IC Markets XTB
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, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Sharekhan Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Sharekhan Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Sharekhan's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Sharekhan you can visit the Sharekhan trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.sharekhan.com/ on December 01, 2020.

Sharekhan review
Watch this Sharekhan Explainer Video

Sharekhan review
Is Sharekhan A Good Broker?

We spent over 3 months examining Sharekhan in depth. Although we found some very useful aspects of the Sharekhan platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Sharekhan broker.

  • Sharekhan have a good track record of offering Equity, Commodities, Mutal funds.
  • Sharekhan has a history of over 20 years.
  • Sharekhan has a reasonable sized customer support of at least 10.
  • Sharekhan are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. This means Sharekhan fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Sharekhan have regulation from a Tier 1 reputable country.
  • Sharekhan has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Sharekhan have an international presence in multiple countries. This includes local Sharekhan seminars and training.
  • Sharekhan are able to hire people from various locations in the world who can better communicate in your local language.

Sharekhan Risk Disclaimer

Your capital is at risk

Sharekhan review
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.

If you feel some of the above Sharekhan are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Sharekhan alternatives below.

Sharekhan review
Related Sharekhan Vs Comparisons

We have covered allot in this Sharekhan review, If you want to see how Sharekhan compares side by side with other brokers check out our Sharekhan Vs pages.

If you would like to see how Sharekhan stands up against other brokers you can read some of our Sharekhan comparisons below. We compare side by side some of our top rated Sharekhan versus comparisons. Read our indepth Sharekhan VS pages below.

Sharekhan review
SHAREKHAN Frequently Asked Questions

Can I try Sharekhan before I buy?

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 depend on the Sharekhan Entity and the Clients 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 are considered safe 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 banks financial health and strength.

Is Sharekhan trading good?

Sharekhan is considered good and reputable to trade with Sharekhan. Sharekhan is used by over 1500000 active 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 20 years. Sharekhan offers clients Equity trading, Commodities trading, and Mutal funds trading. All funds deposited to Sharekhan are held in segregated tier 1 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 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. Sharekhan allows Equity trading, Commodities trading, and Mutal funds trading.

Is Sharekhan trustworthy broker?

Sharekhan can be considered trustworthy. All money funded to Sharekhan is placed into a segregated tier 1 bank account. this means your money in not held by Sharekhan directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Sharekhan is regulated by 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 but averages 2-5 days.

Is Sharekhan regulated?

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

Is Sharekhan a market maker?

Sharekhan is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer 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. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Sharekhan trading platforms here.

Is my money safe with Sharekhan?

Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. One of the most important criteria for traders when choosing a broker like Sharekhan is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Sharekhan, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Sharekhan a con?

Sharekhan is regulated and well established having been in business for over 20 years. Sharekhan is definitely 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 1500000 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 means 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 guarenteed 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?

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 editor 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 experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, 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