Sharekhan Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web Trading platform
- Sharekhan Mobile
- Sharekhan Mini-mobile
- Trade Tiger (Desktop)
- Floating
- Extended trading hours available, margin trading supported
Our Evaluation of Sharekhan
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Sharekhan is a broker with higher-than-average risk and the TU Overall Score of 4.15 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Sharekhan clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Sharekhan is suitable for experienced traders and newcomers to the stock market.
How we tested Sharekhan
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Sharekhan
The Sharekhan broker was founded in 2000, and it is a subsidiary of the financial conglomerate BNP Paribas, which is regulated by the Securities and Exchange Board of India (SEBI, INZ000171337). Sharekhan was one of the first Indian brokers to offer Indian citizens and overseas residents a wide range of investment solutions, including stocks, futures, and options trades, as well as portfolio management and stock exchange training. Today, more than two million traders and investors worldwide cooperate with Sharekhan.
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Sharekhan offers trading in stocks, futures, options, bonds, commodities, mutual funds, and currency derivatives through platforms including a web terminal, Sharekhan Mobile, Mini-mobile, and Trade Tiger desktop. The broker does not require a minimum deposit, provides regular and repatriable Demat accounts, allows margin trading, and supports a variety of trading accounts including full-service and discount types. Clients benefit from extended trading hours, training resources, access to market reports, and trading by phone, with the security of regulation by the Securities and Exchange Board of India.
A few disadvantages are variable commission fees calculated as a percentage of the trade amount, lack of insurance, no segregated client accounts, and withdrawals limited to affiliate bank accounts. Sharekhan may not be suitable for traders prioritizing low, fixed costs or maximum fund protection, but it can appeal to Indian investors seeking broad market access and educational support.
Sharekhan Summary
| 💻 Trading platform: | Sharekhan Mobile, Sharekhan Mini-mobile, Trade Tiger (desktop platform), web trading platform |
|---|---|
| 📊 Accounts: |
Demat Accounts: Regular Demat Account, Repatriable Demat Account, Non-repatriable Demat Account Trading Accounts: Equity Trading Account, Commodity Trading Account, Discount Broking Account, Full-Service Trading Account, 2-in-1 Account, 3-in-1 Account, Online Trading Account, Offline Trading Account PMS Account |
| 💰 Account currency: | INR |
| 💵 Deposit / Withdrawal: | Bank transfer |
| 🚀 Minimum deposit: | From INR 1 |
| ⚖️ Leverage: | Floating |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No data |
| 💱 EUR/USD spread: | No |
| 🔧 Instruments: | Stocks, bonds, options, futures, currency derivatives, commodity, mutual funds, IPO |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No data |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: | Extended trading hours available, margin trading supported |
| 🎁 Contests and bonuses: | Yes |
Sharekhan provides a wide range of financial instruments for work with the ability to place market orders around the clock. Up to 5 Demat accounts can be linked to the main trading account to convert securities into electronic format with automatic payment of dividends to the linked bank account. The broker enables margin trading with the provision of a loan for operations with securities of international markets without requirements for the minimum amount of the deposit.
Sharekhan Key Parameters Evaluation
Trading Account Opening
To start cooperation with Sharekhan, you need to open a trading account. This can be done in two ways:
In the lower area of the main page of the site, open an online chat and fill out the registration form.
At the top of the page, click the Open An Account button. A form to complete the registration will open. Complete it.
The following options are available in the Sharekhan personal account:
Also in the personal account, there are sections that allow you to perform the following actions:
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View the number of bonus shares accrued.
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Customize alerts and notifications about the prices of securities from the "Favorites" section.
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Read company and market news, reports on board meetings, and annual meetings.
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Generate a detailed report on active portfolios.
Is Sharekhan Safe?
The Sharekhan broker is part of the BNP Paribas group of companies and is regulated by the Securities and Exchange Board of India.
The company has been providing services on the stock markets for over 20 years and fulfills all obligations to its clients. Sharekhan is listed on major Indian exchanges such as NSE, BSE, MSEI, and MCX under number INZ000171337.
Advantages
- There is a possibility of filing a complaint with a supervisory authority
- Password protection of a transaction request
- The existence of a session control manager as well as systems of internet scanners against malicious activity and intrusion detection when trying to hack an account
Disadvantages
- No insurance
- Segregated accounts are not provided for the safety of client funds
- The regulator does not allow the use of electronic payment systems
Commissions and Fees
After the expert analysis of the Sharekhan broker on the subject of fees charged, it was found that opening an account is free, but the subscription fee for using the software is INR 400 per year. For trading operations, the commission is calculated as a percentage of the trade amount and is 0.5% when trading stocks, 2.5% for options, and 0.1% for futures. But at the same time, the commission for all instruments cannot be less than INR 16. To reduce the commission to 0.015% per lot, you can subscribe to one of the tariff plans costing 25,000 - 2,000,000 rupees per year. Withdrawals are free, but can only be made to the accounts of affiliate banks.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Trading Account | From $0.2 | No |
For the dematerialization of securities in a Demat account, a fee of INR 5 per certificate is applied. Using the data obtained, the experts made a comparison with brokers Ally and Charles Schwab, which offer similar services on the stock market. The analysts have compared the size of the trading commission for trading stocks. The comparative results are shown in the table below
| Broker | Average commission | Level |
|---|---|---|
|
$0.2 | |
|
$4 | |
|
$ |
Account Types
Sharekhan offers its clients a single trading account with the possibility of margin trading on all available financial instruments. Opening an account is free. There are no minimum deposit requirements. Passive investors can connect a PMS Account to transfer capital under management.
Account types:
The Sharekhan broker does not provide a demo account for trial trading without financial risks.
The company focuses not only on experienced participants in exchange trading, therefore, but it also offers a complete training course or trust management for beginners.
Deposit and Withdrawal
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Withdrawal of funds is carried out by bank transfer to the account specified during registration.
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The transfer is carried out on the day of application submission if it was made in the personal account before 14:00 hours. Otherwise, the withdrawal is made the next day.
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Withdrawals from Sharekhan are free, but the receiving bank may charge additional fees.
Investment Options
Sharekhan offers investors a wide range of financial instruments including stocks, options, and futures. The company's specialists provide financial advice and can form an investment portfolio based on research conducted on all significant fundamental and technical indicators.
Demat account - a profitable offer for investors
Sharekhan customers can attach a Demat account to their main trading account. It is a digitized investment portfolio of assets consisting of securities certificates. The broker acts as a depository for converting investments into electronic format and carrying out transactions in the exchange market.
Demat account advantages and features:
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Dematerializing shares into certificates increases their availability and ease of circulation.
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Unlike the paper format, the risk of loss, theft, or counterfeiting of shares is eliminated.
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Asset management is simplified as it is possible to change the linked bank account, phone number, and other details for each share with the click of a button.
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Operations can be performed in odd lots.
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Stamp duty is eliminated and transaction fees are reduced.
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Time for transactions and investment management is reduced, which makes trading more efficient.
Investments in Demat provide additional security guarantees since when registering an account, the investor receives a unique identifier for his portfolio. The broker does not impose requirements on the size of the investment of funds for creating Demat, and information on operations is displayed in the personal account in real-time.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Sharekhan’s affiliate program
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Referral program. Within a year after the referral is connected, the broker pays the affiliate 15% of the commission fees from his trade.
Sharekhan offers an affiliate program, for participation in which you need to enter the phone number specified during registration in a special section of the site and click a button to generate a unique link. The referral link can be shared on any available resource.
Customer Support
Sharekhan's account managers are ready to provide support 24/7.
Advantages
- Work 24/7
- There is an online chat
- Callbacks are available
- The site has a list of answers to the FAQs
- Personal manager provided
Disadvantages
- There are no ready-made forms for filling out applications
- Online chat is available only to registered users
- No address for a written appeal
This broker provides the following communication channels for existing clients and potential investors:
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contact by email;
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online chat on the broker's website;
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phones call to the specified numbers.
The company also has profiles on social networks such as Facebook, Twitter, and Youtube.
Contacts
| Foundation date | 1992 |
|---|---|
| Registration address | 4th Floor, D Wing, Jolly Board Towers, I Think Techno Campus, Mumbai, Maharashtra 400042, India |
| Regulation | SEBI |
| Official site | https://www.sharekhan.com/ |
| Contacts |
Education
In 2010, Sharekhan opened the Online Trading Academy, which offers investment training and short-term position trading on stock exchanges. Six brick-and-mortar training centers have been opened; online training is also available. In addition, self-paced articles and videos are available in the Knowledge Center section of the site.
In the Knowledge Center section, there is a premium branch for experienced market participants, where they can deepen their knowledge of stock trading and learn new technical indicators.
Detailed Review of Sharekhan
Sharekhan is one of the largest companies in India providing the opportunity for online trading in the stock markets. The broker's services can be used by corporate and individual traders and investors. Sharekhan offers many investment options, and its website provides traders with research, market data, analytics, and breaking news.
Sharekhan achievements by the numbers:
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More than 20 years of experience in the stock market.
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153 branches in India and abroad.
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More than 2 million clients worldwide.
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Over 400,000 trades are conducted each daily.
Sharekhan is a broker that provides a full range of services to support trading in the stock market
The broker offers clients trading in stocks, options, commodities, futures, bonds, foreign exchange derivatives, mutual funds, and IPOs with the ability to link up to five Demat accounts to their trading transactions. The broker is listed on the largest Indian stock exchanges, NSE and BSE, where clearing is at the best prices. The company employs a team of experts in fundamental and technical market analysis, which provides clients with research results in the form of daily reports. A personal financial manager works with each client.
Sharekhan offers a WEB trading platform and a Trade Tiger stationary terminal. There are two versions of mobile applications available, one of which is designed for devices with internet speed limits up to 2G. All platforms provide tools for advanced market analysis, it is possible to place pre-orders. All clients get access to news and research in real-time. More than 30 indicators are provided for technical analysis based on your own strategies, and you can trade directly from charts.
Useful services of Sharekhan investment:
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Market statistics. A section on the website with market data categorized by segment, market cap, and price range.
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Must do trades. A smart chart of trades is recommended for position traders and passive investors.
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OAlert. Automatic order notification system, which eliminates the need for continuous monitoring of the market to select the moment of the transaction.
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Sharekhan Research. Research tables on short and medium-term targets for traders and investors.
Advantages:
A large selection of software for the convenience of trading.
A variety of tariff plans allowing you to reduce brokerage fees.
No commission fees for deposit/withdrawal of funds.
Trade Dial-N-Trade by phone with the possibility of obtaining expert advice.
Support for clearing services through NSE Clearing Limited (NCL).
The broker offers face-to-face and online training in the basics of trading and advanced courses for experienced traders.
For clients who have an investment of over five million Indian rupees, the company's specialists offer services for the preparation and maintenance of an investment portfolio.
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