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Sharekhan Guide – Read our In-Depth Sharekhan Review

This Sharekhan review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Sharekhan review does not apply to US users.

This Sharekhan review contains the most recent information about Sharekhan.

If you're a new entrant in the realm of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan will create hefty returns. Sharekhan is one such platform that will take you and your investment into great heights. It's important that you know all about Sharekhan before you trust them with your money.

Sharekhan review

Our full Sharekhan Review covers everything you will need to know about trading using Sharekhan. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a common misconception that all agents will be the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.

Sharekhan is a broker that has paved its way successfully into the broker world. Within this review, we've attempted to collate a number of the important aspects of Sharekhan. This review will help you to know whether Sharekhan is a good fit for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.

Sharekhan Review, Table Of Contents

Who are Sharekhan?

Sharekhan is a forex broker headquartered in India and provides a range of tools for online trading. Since its establishment in 2000, Sharekhan has emerged as a top-tier player in the field of online brokerage. Sharekhan has an extremely aggressive and full-featured trading website that is focused on forex, indices, metals, shares, commodities.

Over the past 21 years, Sharekhan has grown into one of the leading online brokers.

After establishing in 2000, their customer base has become as big as 1,500,000+ clients.

Sharekhan is the favorite for many traders because of its negative balance protection. Our Sharekhan review found that they are an superb choice for automated trading solutions. It is most appropriate for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at Sharekhan.

Technology plays a substantial role in Sharekhan. Sharekhan features trading on Web Trader, Tablet & Mobile apps. Sharekhan is honest, transparent, and also a well-regulated agent by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house analysis.

The trader resource section at Sharekhan is quite insightful for new traders since it permits them to have a closer look at the financial markets. Sharekhan caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.

Benefits of trading with Sharekhan?

Trading with Sharekhan includes numerous benefits. These advantages are what sets Sharekhan ahead of all other online agents. You should check all the benefits listed so that you have a better understanding of Sharekhan.

The agent goes to great lengths to understand what traders need. Consequently, the service price is low, quick, and convenient. The agent also gives a number of platforms for all types of traders. Sharekhan helps to ensure that the individual needs of all traders are completely met.

Sharekhan also features excellent trading conditions that are readily available to just an elite class of institutional clients. The tight spreads and quick executions are a great advantage for those traders. The technology adopted by Sharekhan is of the highest caliber, ensuring that it's fast, reliable, and effective.

Sharekhan acknowledges the importance of having a quick order execution. A fast implementation will allow users to trade without worrying about slippage safely. It will also aid the dealers to catch the maximum profitable opportunities.

Automated trading is another major aspect of Sharekhan. A new trader can learn from industry experts utilizing the automatic trading alternative. The tight spread begins from as low as 0.0 pips, though they are offered for only razor accounts.

Sharekhan has over 5000 trading tools to support all types of traders. These tools are lively and convenient for both the new and seasoned traders. The traders can put aside all their worries when trading using Sharekhan.

Sharekhan overview

Year Founded: 2000

Regulated By: Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange

Hedquarters: India

Minimum Deposit: $0

Number Of Clients: 1,500,000+

Your capital is at risk

If you feel that Sharekhan is not right for you then at the bottom of this Sharekhan review you wil find a lot of alternatives to Sharekhan.

What you should know about trading using Sharekhan

Sharekhan is a lively platform that provides various techniques of trading. These instruments cover the monetary markets considerably. Most of the broker platforms offer fewer procedures than Sharekhan

If you want to exchange with Sharekhan, you'll need a minimum deposit of $0. This deposit is mandatory if you want to begin trading using Sharekhan. This 2021 Sharekhan review will guide you clearly about trading with them.

Sharekhan is as flexible as another broker platform. Sharekhan is great for traders who want a manageable variety of cheap services. The programs provided by Sharekhan are third party, white-label offerings. All traders may select from Web Trader, Tablet & Mobile apps.

Together with everything, Sharekhan has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept available. The agents offer premium client service that rewards customers with benefits.

Many unprofessional brokers try to pressurise users into larger funding for superior services. Sharekhan, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the further advantages will come along.

Sharekhan accounts are available around the world and provides outstanding service wherever they have customers. There are only a select few countries where Sharekhan accounts are not available. Traders in the following countries cannot open or use a Sharekhan account:

Is Sharekhan Safe To Trade With?

Established in 2006, Sharekhan has been operating for 21 years, they are headquarted in India.

Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. These bodies have rules that mandate that trading platforms have steps in place to keep investor's resources procured. This usually means that Sharekhan users don't need to worry about their money as it's segregated and safely kept in banks that are established. SSL encryption secures every user's private information as well.

You can make use of a choice for 2 Factor Authentications (2FA) with Sharekhan for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to enter this code to log in to your accounts.

Another concern with financial brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is more prevalent in the example of Market Maker agents who compete with users on the stage.

Pro's & Con's Of Trading With Sharekhan

Every online trading platform will have a few pros and cons Sharekhan review would be complete without having a balanced approach. This Sharekhan review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Sharekhan Pro's

  • Sharekhan is trusted by 1,500,000+ clients
  • Sharekhan offers Negative Balance Protection
  • Sharekhan doesn't charge withdrawal fees
  • Sharekhan doesn't charge inactivity fees
  • Sharekhan doesn't charge deposit fees
  • Sharekhan doesn't charge CFD fees
  • Sharekhan offer trading on Web Trader, Tablet & Mobile apps
  • Sharekhan offer 5000 trading instruments
  • Sharekhan offers trading on cryptocurrencies
  • Sharekhan can communicate in English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, , Romana, Turkce, ߟ?, ??

Sharekhan Con's

  • Sharekhan does not offer Guaranteed Stop Loss
  • Sharekhan doesn't trade major forex pairs
  • Sharekhan doesn't trade minor forex pairs
  • Sharekhan doesn't trade exotic forex pairs

Sharekhan Review - Compare Brokers Similar To Sharekhan

Sharekhan Circle Markets Investors Intelligence Hugos Way
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $0 $100 $1 $10
Year Founded 2000 2007 1947 2017
Headquarters India New Zealand London St. Vincent and the Grenadines
Regulated By Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA) None
Clients 1,500,000+ 10,000+ 10,000+ 5,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Losses can exceed deposits Your capital is at risk

Sharekhan Review - Regulation And Licencing In More Detail

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

Sharekhan, as a company, has a powerful set of rules for ensuring fair trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. Including credit history and other financial information.

Sharekhan Review - Awards

    At the time of writing this Sharekhan review, they had not received any awards.

Sharekhan Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Sharekhan is $0. This is an adequate amount for those just beginning. You can make more complex deposits as you cooperate. However, ensure you understand how to make the most of your money before investing larger sums.

Sharekhan Review - Commission And Fees Explained

Sharekhan is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the amount of clients they have.

However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.

The first kind of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you are paying a spread, financing rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are those who are charged when you hold a leveraged position for more than daily.

Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, Sharekhan doesn't charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often exchange, for example daily or weekly trading.

But, non-trading fees charged by Sharekhan are comparatively lower. Consequently, you're billed more for non-trading activities on your trading account, like withdrawal and deposits. These are not about the sale and purchase of assets.

This Sharekhan review breaks down each of the relevant non-trading charges for you in detail.

Compare broker fees against Sharekhan

Sharekhan Circle Markets Investors Intelligence Hugos Way
Minimum Deposit $0 $100 $1 $10
Withdrawal Fees No variable No variable
Inactivity Fees No No No
Deposit Fees No variable No
CFD Fees No No Yes

Sharekhan Review - Withdrawal Fees Explained

Sharekhan doesn't charge withdrawal fees

Withdrawal of cash is possible at any moment from your Sharekhan account. You can draw up sums to the amount of your account balance, keeping aside the margin used. One thing to remember is that you don't always have to have any money on your account.

Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent to the card. Sharekhan will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are choosing to draw in.

Sharekhan Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head while open an account with Sharekhan. An inactivity fee is an amount charged to registered traders who have not participated in purchasing or selling for a while. The period considered inactive is decided by the agent.

The inactivity fee differs from 1 agent to another and is not standardized. If a traders account does not have a buying or selling transaction, it's claimed by the agent as an inactivity charge. The traders need to pay this commission under conditions and terms they had agreed while enrolling.

Sharekhan doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no charges have been indicated by Sharekhan, it is best for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage companies but also many financial services.

For additional trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the agent beforehand.

Sharekhan Review - Deposit Fees Explained

When you transfer money into your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this particular operation.

Sharekhan doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Sharekhan trading platform is easy. You just have to complete a single-user profile questionnaire to begin depositing money into your trading account. You will have to give an identity evidence and proof of residency to deposit substantial amounts.

Sharekhan Review - Compare Broker Deposit Methods

Sharekhan Circle Markets Investors Intelligence Hugos Way
Minimum Deposit $0 $100 $1 $10
Credit Card No
PayPal No
Neteller No
Skrill No
Payoneer No

What Can You trade With Sharekhan?

Note: Sharekhan provides a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may differ depending on the country of residence of the client.

Sharekhan has a wide variety of over 5000 instruments available for you to trade with.

If trading forex pairs is of interest to you then Sharekhan offer over 0 forex pairs.

Compare Sharekhan, Circle Markets, Investors Intelligence & Hugos Way below.

Sharekhan Circle Markets Investors Intelligence Hugos Way
Platforms Web Trader, Tablet & Mobile apps Desktop, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Instruments Available 5000 75 100 100
Forex & Crypto
Forex Pairs Available 0 70 55
Offers Major Forex Pairs? No Yes Yes Yes
Offers Minor Forex Pairs? No No Yes Yes
Offers Exotic Forex Pairs? No No Yes Yes
Offers Cryptocurrencies? Yes Yes No Yes
Commodity CFD's
Commodities Offered 14 0 10 0
Trade Metals? No Yes Yes No
Trade Energies? No Yes No No
Trade Agricultural? No Yes Yes Yes
Indiced & Stock CFDs
Stocks Offered 5000 0 10 0
Trade UK Shares? No No Yes No
Trade US Shares? Yes Yes Yes No
Trade German Shares? No No Yes No
Trade Japanese Shares? No No Yes No

Your capital is at risk

Your capital is at risk

Losses can exceed deposits

Your capital is at risk

Alternatives To Sharekhan

If, after studying this Sharekhan review, Sharekhan doesn't quite meet your requirements check out these Sharekhan alternatives.

We have scoured the internet to find the best alternatives to Sharekhan. Click the links below to find out more.

Frequently Asked Questions about Sharekhan

Can I try Sharekhan before I buy?

Yes, you can most definitely try Sharekhan before you buy. Sharekhan provides demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.

If you sign up for a demonstration account on Sharekhan, you will set out using a decent amount of virtual money. It is to establish a feeling of security and confidence in you before you choose to invest your own money.

With this virtual Sharekhandemo account, you can experiment at all, to whatever length you desire. You can also start positions, examine different trading approaches, and much more.

Sharekhan specifies on its official site which you can exchange real time stocks in a demo account.

Is Sharekhan safe?

It is possible to drop all of your worries since we believe that Sharekhan is completely safe to use. It's in compliance with all the rules of Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

Even so, Sharekhan doesn't provide assured stop-loss protection.

Why does Sharekhan ask for my passport?

The reason that Sharekhan asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Sharekhan has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Sharekhan must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Sharekhan?

The process to start trading withSharekhan is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Sharekhan website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Sharekhan is $0. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Sharekhan.

The best way to kickstart your trading career with Sharekhan is to open a demo account facility before risking any real money

What funding methods do Sharekhan accept?

There are a number of methods to fund your accounts with Sharekhan. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to bear in mind that PayPal isn't available in every place. The currencies Sharekhan

Is my money safe with Sharekhan?

Yes, your cash is safe and secure with Sharekhan. As you already know, Sharekhan works with good conformation to. It's established lots of measures to protect all of its own investors.

Sharekhan safeguards its clients' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further protect your account, it is possible to empower Two-Step Verification also. It requires an SMS affirmation that you access your accounts.

Is Sharekhan trading good?

Yes, trading via Sharekhan is a pleasant and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could even obtain access to a huge collection of educational tools and assistive material to kickstart your trading experience.

If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries does Sharekhan support?

Sharekhan operates across the world. However, due to regulations there are some countries that Sharekhan do accept clients from

Is Sharekhan legit?

Sharekhan is a legit company headquarted in India since 2000. They are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Sharekhan is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Sharekhan a good broker?

Sharekhan is a great broker, and its users can vouch for this. The highlight of the platform is its quick order execution on transactions.

You will find the clean layout of this platform along with the commendable features that a pleasure to work with.

Is Sharekhan a trustworthy broker?

Yes, Sharekhan is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 1,500,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Sharekhan?

The minimum deposit to open a live account with Sharekhan is $0

How long do Sharekhan withdrawals take?

Normally, withdrawal of money from Sharekhan is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Sharekhan to show in your bank account.

Are Sharekhan regulated?

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

Is Sharekhan a market leading broker?

Sharekhan is indisputably among the industry leaders. It supports over 1,500,000+ registered customers and over 21 years of expertise on its record. They're one of the world's leading trading platforms and a prominent figure in the Fintech revolution.

It simplifies this status to its incredible platform and wide selection of tools plus resources so that you can invest in capital markets.

Is Sharekhan a con?

No, Sharekhan is not a con. They are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange and must adhere to their rules. Thus, it is safe to say that Sharekhan is not a scam.

Can you make money with Sharekhan?

Using Sharekhan, several traders make a great deal of money. However, on average, through continual trading, you can create between 2% - 10% profit a month.

This may seem to be a little number, but within the year, this adds to a substantial amount of gains. While Sharekhan supply you all the tools to earn money, they cannot guarantee you will profit.

Does Sharekhan have fees?

Yes. To begin trading using Sharekhan, you have to deposit $0. Certain commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.

When was Sharekhan founded?

Sharekhan was founded in 2000 in India. Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

How many people use Sharekhan?

Sharekhan is a globally recognised broker with 1,500,000+ clients.

Where is the Sharekhan head office?

Sharekhan has its head office in India

Does Sharekhan offer negative balance protection?

Yes, Sharekhan has Negative Balance Protection. It's especially offered while the industry volatility prevents customers from letting their account go into the red. In a situation like this, Sharekhan provides the ability to reset a clients account balance to zero.

You can go through the critical stipulations on Sharekhan's site to understand their policies.

Does Sharekhan offer guaranteed stop loss?

Sharekhan unfortunately, doesn't provide guaranteed stop loss. Sharekhan provides a chance to its dealers to close their trade in their given price. Aside from this, Sharekhan doesn't provide guaranteed stop loss.

Does Sharekhan allow scalping?

Yes, Sharekhan do permit scalping. Several traders throughout the world choose Sharekhan due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which let this.

Does Sharekhan allow hedging?

Yes, Sharekhan does allow hedging.

Can you trade energies with Sharekhan?

No, unfortunately you cannot trade energy stock with Sharekhan

Can you trade agricultural shares with Sharekhan?

No, unfortunately you cannot trade agricultural stock with Sharekhan

Can you trade cryptocurrency with Sharekhan?

Yes, you can trade cryptocurrency with Sharekhan

Can you trade metals with Sharekhan?

No, unfortunately you cannot trade metals with Sharekhan

Can you trade UK Shares with Sharekhan?

No, unfortunately you cannot trade UK shares with Sharekhan

Can you trade US Shares with Sharekhan?

Yes, you can trade US shares with Sharekhan

Can you trade Japanese Shares with Sharekhan?

No, unfortunately you cannot trade Japanese shares with Sharekhan

Can you trade German Shares with Sharekhan?

No, unfortunately you cannot trade German shares with Sharekhan

Does Sharekhan accept bank transfers?

Yes, Sharekhan accepts bank transfers for depositing money.

Does Sharekhan accept credit cards?

No, Sharekhan does not accept credit cards.

Does Sharekhan accept PayPal?

No, Sharekhan does not accept PayPal.

Does Sharekhan accept Skrill?

No, Sharekhan does not accept Skrill.

Does Sharekhan accept Payoneer?

No, Sharekhan does not accept Payoneer.

Does Sharekhan accept Neteller?

No, Sharekhan does not accept Neteller.

Does Sharekhan offer Live Chat customer support?

Yes, Sharekhan offers customer support through live chat.

Does Sharekhan offer phone customer support?

Yes, Sharekhan offers customer support over the telephone.

Does Sharekhan offer email customer support?

Yes, Sharekhan offers customer support through email.

What languages can Sharekhan communicate in?

Sharekhan has the ability to communicate and support customers who speak: English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, , Romana, Turkce, ߟ?, ??

Does Sharekhan have a wikipedia page?

No, Sharekhan does not have an official wikipedia page.

Does Sharekhan offer demo accounts?

Yes, Sharekhan offers demo accounts so you can learn their systems before risking any real money.