Sharekhan Stock Trading and Demat Account

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SHARE KHAN DEMAT ONLINE ACCOUNT OPENING 

 

 

ABOUT SHAREKHAN

Sharekhan is the one of the largest retail brokerage firm in India. It was founded in the year 2000 and became a subsidiary of BNP Paribas in November 2016. Sharekhan was one of the first brokers to offer online trading in India. Sharekhan is one of the largest brokers in India with 20 lakh customers, 153 branches and more than 2400 business partners spread across over 541 locations. Sharekhan offers a wide range of savings & investment solutions including equities, futures and options, currency trading, portfolio management, research and mutual funds and investor education. On an average, Sharekhan executes more than 400,000 trades daily.

ShareKhan.com is a trading platform where investors can buy and sell stocks. It provides features like Integrated Banking, multiple watch lists, demat and digital contracts, Instant credit & transfer and Real-time portfolio tracking with price alerts.

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

Sharekhan offers variety of accounts to suite customer requirements. These accounts include Sharekhan First Step Account, Sharekhan Classic Account, Sharekhan Trade Tiger Account and Portfolio Management Services (PMS) though Sharekhan Platinum Circle Account.

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

One of the nest feature about Sharekhan is it has its own research team which regularly publishes investment advices, quarterly company results, stock tips, and news alerts to its customers through emails or sms or on the site itself. It also offers free online classroom seminars and workshops to investors. Each Sharekhan account comes with online and in-person help from a Sharekhan Representative.

 

*Sharekhan Special Offers*

Free Trading & Demat Account (+ FREE AMAZON GIFT VOUCHER)

[[Sign Up online today for free of cost Demat Account + an Amazon Gift voucher of  ₹50/- You can also avail of attractive trading plans by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.]]

Account Types

1. Classic account

This type of account allows the investors to buy and sell stocks online along with the features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer. It provides with the following services :

  • Online trading account for investing in Equities and Derivatives
  • Free trading through Phone (Dial-n-Trade)
    • Two dedicated numbers for placing your orders with your cellphone or landline.
    • Automatic funds transfer with phone banking (for Citibank and HDFC bank customers)
    • Simple and Secure Interactive Voice Response based system for authentication
    • Get the trusted, professional advice of our tele-brokers
  • Integration of: Online trading + Bank + Demat account
  • Instant cash transfer facility against purchase & sale of shares
  • IPO investments
  • Instant order and trade confirmations by e-mail
  • Single screen interface for cash and derivatives

2. TradeTiger account

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

  • A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX
  • Multiple Market Watch available on Single Screen
  • Hot keys similar to a traditional broker terminal
  • Tie-up with 12 banks for online transfer of funds
  • Different tools available to gauge market such as Tick Query, Ticker, Market Summary, Action Watch, Option Premium Calculator, Span Calculator
  • Graph Studies are available including Average, Band- Bollinger, Know SureThing, MACD, RSI, etc

 

Sharekhan Demat Account Opening Fees

Demat Services

 

Depository Source

NSDL & CDSL

Account Opening Charges

Rs.750 & Rs.1000

Demat AMC Charges

Rs.400 per Annum

Trading AMC Charges

Free

Margin Money

Zero

Offline to Online

Yes

Sharekhan charges a one-time fee for trading account i.e. an account opening fee of INR 750 for its classic account and INR 1,000 for its Trade Tiger account. These charges are later adjustable against the first 6 months’ brokerage.

As mentioned above, it charges a one-time fee and hence there are no annual maintenance charges (AMC).

For DEMAT account, the opening fee is NIL but there is an AMC of INR 400. This fee is waived off generally for first year with the trading account.

 

Sharekhan Trading Brokerages Charges:

  • Equity Cash Intra-day Trades: 0.10% on the buy side.
  • Equity Delivery Trades: 0.50% or 10 paise per share or ₹16 per scrip whichever is higher.
  • F&O Trades: 0.10% on the first leg and 0.10% if squared off on any other day.
  • Options Trades: 2.50% or ₹250 per lot on the premium (whichever is higher).
  • Currency Future: 0.10%.
  • Currency Options: 2.50% or ₹30 per lot on premium (whichever is higher).
  • Commodity: 0.10%.

Sharekhan Minimum Brokerage Fee:

  1. For Intra-day Trades: Sharekhan charges minimum brokerage of 5 paise per share. This means that while doing intraday trading if the share price you trade in is ₹50 or less, a minimum brokerage of 5 paise per share will be charged.
  2. For Delivery Based Trades: Sharekhan charges minimum brokerage fee of 10 paise per share. This means; for delivery based trades minimum brokerage of 10 paise per share is charged when the share price is ₹20 or less.
  3. Minimum DP charges: DP charges of ₹16 per scrip is charged when the total traded value is ₹3200 or less in case of sell transaction.

Sharekhan Post-Paid Brokerage Plan

 

 

Postpaid Plans – New Trader

 

 

 

Postpaid – Day Trader

 

 

 

 

Margin Amount

25,000

30,000

40,000

50,000

1,00,000

3,00,000

5,00,000

10,00,000

20,00,000

Intraday

0.10%

0.10%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.02%

Delivery

0.50%

0.50%

0.45%

0.40%

0.25%

0.20%

0.18%

0.15%

0.10%

Futures

0.10%

0.10%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.02%

Future next day

0.10%

0.10%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.02%

Option

Rs.100 per Lot

Rs.100 per Lot

Rs.95 per Lot

Rs.80 per Lot

Rs.70 per Lot

Rs.50 per Lot

Rs.40 per Lot

Rs.30 per Lot

Rs.25 per Lot

 

Sharekhan Pre-Paid Brokerage Plan

 

6 Months Prepaid Plan

 

 

Annual Prepaid Plan

 

 

 

 

 

 

Brokerage Amount

Default

750

1,000

2,000

6,000

18,000

30,000

60,000

1,00,000

2,00,000

Intraday

0.1%

0.1%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.015%

0.005%

Delivery

0.5%

0.5%

0.45%

0.4%

0.25%

0.2%

0.18%

0.15%

0.1%

0.08%

Futures

0.1%

0.1%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.015%

0.005%

Future Next Day

0.1%

0.1%

0.09%

0.07%

0.05%

0.04%

0.03%

0.02%

0.015%

0.005%

Option

Rs.100 per Lot

Rs.100 per Lot

Rs.95 per Lot

Rs.80 per Lot

Rs.70 per Lot

Rs.50 per Lot

Rs.40 per Lot

Rs.30 per Lot

Rs.25 per Lot

Rs.10 per Lot

 

How to open account with Sharekhan?

For online trading with Sharekhan, investor needs to open an account. 

Following are the ways to open an account with Sharekhan:

  • Drop your phone number and Sharekhan Customer Service Executive will call you back for further assistance. 

 

Sharekhan Trading Software

Sharekhan offers 4 online trading software to its customer.

A) TradeTiger (Trading Terminal)

B) Sharekhan Website (Website Trading)

C) Sharekhan App (Mobile Trading)

D) Sharekhan Mini (Low bandwidth App)

 

These Sharekhan trading software's offer trading in equity, commodity, and currency at BSE, NSE, MCX, and NCDEX. Sharekhan trading platform is available for free to all customers.

TradeTiger, the exe based installable trading application for PC is among the most powerful and advanced trading software available in India. Build in-house by Sharekhan IT team, this platform is continuously improved based on user feedback. Sharekhan Trade Tiger has all the functions needed for an active trader.