Sharekhan Review 2024 (Expert Review)
Sharekhan Review Summary
Sharekhan is one of the most reputed online brokerage companies. With over 2,600 outlets across India, the company is a leading brand in the market. It offers different trading platforms and slabs. This way, you can choose your best fit according to your investment profile. The firm also allows its users to set alerts for various events. The company also offers an app that allows users to trade while on the go. It follows the mobile trend with a user-friendly app. Sharekhan provides exceptional service at reasonable prices.
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Sharekhan Platform Features
๐บ๏ธ Country of regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 0 |
๐ Time to open a Sharekhan account | 1-3. *A Sharekhan demo account can be opened in a few minutes, but live Sharekhan trading account creation times will vary depending on how long it takes to process your Sharekhan KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 5 |
๐ฎ Demo account provided | No |
๐๏ธ Financial Instruments offered | Indian Exchange-Listed Stocks and ETFs, Options Contracts for Indian Exchange-Listed Stocks and ETFs |
Sharekhan review
Sharekhan Financial Regulation
Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
Sharekhan review
Sharekhan Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Sharekhan include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Sharekhan can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
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Sharekhan Advantages
One of the main advantages of using Sharekhan is around the clock service and support as well as research offerings. Not only this, but Sharekhan has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Sharekhan with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Sharekhan makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Sharekhan offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- Sharekhan has been in business over 10 years.
- Sharekhan offers Stock Trading.
- Sharekhan offers PayPal as a payment method.
- Sharekhan offers Hedging.
- Sharekhan does not have inactivity fees.
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Sharekhan Disadvantages
Although Sharekhan has a lot of good points Sharekhan does not offer the below.
- Sharekhan does not offer Cryptocurrency Trading (See Sharekhan alternatives who offer Cryptocurrency Trading here)
- Sharekhan does not offer Neteller as a payment method (See Sharekhan alternatives who Neteller as a payment method here)
- Sharekhan does not offer Skrill as a payment method (See Sharekhan alternatives who offer Skrill as a payment method here)
- Sharekhan does not offer Islamic Accounts (See Sharekhan alternatives who offer Islamic Accounts here)
- Sharekhan does not offer ECN trading (See Sharekhan alternatives who offer ECN trading here)
- Sharekhan does not offer Bitcoin Trading (See Sharekhan alternatives who offer Bitcoin trading here)
- Sharekhan does not offer the MetaTrader 4 platform (See Sharekhan alternatives who offer the MetaTrader 4 platform here)
- Sharekhan does not offer the MetaTrader 5 platform (See Sharekhan alternatives who offer the MetaTrader 5 platform here)
- Sharekhan does not offer the cTrader platform (See Sharekhan alternatives who offer the cTrader platform here)
- Sharekhan does not offer a Apple Mac desktop trading platform (See Sharekhan alternatives who offer an Apple Mac desktop trading platform here)
- Sharekhan does not offer Spread Betting (See Sharekhan alternatives who offer Spread Betting here)
- Sharekhan does not offer Scalping (See Sharekhan alternatives who offer Scalping here)
- Sharekhan has inactivity fees (See Sharekhan alternatives who do not have inactivity fees here)
Risk Warning: Your capital is at risk.
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Things to understand when trading with Sharekhan
Trading with Sharekhan involves risk. You should only risk capital with Sharekhan that you can afford to lose. Understand your risk tolerance with Sharekhan, and have a trading strategy that Sharekhan is able to help you execute. Sharekhan is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Sharekhan give you access too.
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Sharekhan Trading Fees
Trading fees on Sharekhan are taken in the form of the spreads Sharekhan offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Sharekhan. Sharekhan fees vary depending on the financial instruments traded and can include, Sharekhan overnight funding fees, spreads, margins and Sharekhan inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Sharekhan account charged by your 3rd party payment provider if your Sharekhan base currency is different from your Sharekhan withdrawal method.
Name | Sharekhan | IC Markets | Roboforex |
Account Fees | No | No | No |
Withdrawal Fees | No | No | Yes |
Deposit Fees | No | No | |
Inactivity Fee | No | No | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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Sharekhan Financial Instrument Fees
Sharekhan fees for Indian Exchange-Listed Stocks and ETFs, Options Contracts for Indian Exchange-Listed Stocks and ETFs are listed below.
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Sharekhan Stock Trading Fees
The majority of Sharekhan trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Sharekhan stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
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Sharekhan Forex Fees
Commission on Sharekhan Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Sharekhan Forex fees is based on their trade size. To calculate Sharekhan Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
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Sharekhan Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Sharekhan cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Sharekhan cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
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Sharekhan Non Trading Fees
Sharekhan non-trading fees include a variety of Sharekhan brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Sharekhan trading platform. The most common non-trading fees include Sharekhan withdrawal fees, Sharekhan deposit fees and Sharekhan inactivity fees.
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Sharekhan Deposit Fees
Sharekhan does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, Sharekhan does not do this.
Sharekhan review
Sharekhan Inactivity Fees
Sharekhan does not charge traders inactivity fees. Sharekhan does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
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Sharekhan Withdrawal Fees
Sharekhan does not charge withdrawal fees. Withdrawals fees vary between Sharekhan and Sharekhan alternatives depending on where you are located and how much money you are withdrawing.
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Sharekhan Account Fees
Sharekhan does not charge account fees. Account fees charged differ between Sharekhan and other brokers. An account is a fee that Sharekhan and other brokers assesses on all accounts for the ability to keep an account on their platform.
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Sharekhan Account Opening
The Sharekhan account registration process is simple, user-friendly, and quick. Within 1-3 most Sharekhan trading accounts are ready for live trades. Our Sharekhan account was validated in 1 day, but live Sharekhan trading account verification times will vary depending on the time it takes to process your KYC documents and Sharekhan trading account application. A Sharekhan demo account can be opened in a few minutes.
Sharekhan trading accounts are available in over 194 countries. Sharekhan is restricted in the following countries.
Apart from the restricted countries a Sharekhan trading account can be opened globally.
The Sharekhan trading platform is available for residents in US. Some financial instruments Sharekhan offer may be restricted in your country.
- Fast Sharekhan account opening.
- Sharekhan accounts can be opened and KYC can be verified digitally.
- Sharekhan minimum deposit is 0 USD / GBP / EURO.
- Sharekhan trading account verification may be held up for longer than a day if there is an issue with verifying your account.
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Sharekhan Deposit And Withdrawal
Sharekhan Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
INR, USD, GBP, EUR, CHF are supported by Sharekhan as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
Sharekhan offers the following account INR, USD, GBP, EUR, CHF.
When trading make sure your Sharekhan trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Sharekhan has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | Sharekhan | IC Markets | Roboforex |
Number Of Currencies | 5 | 10 | 4 |
Base Currencies | INR, USD, GBP, EUR, CHF | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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Sharekhan Deposit Fees and Deposit Methods
Investors can log in to their Sharekhan trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Sharekhan trading accounts from an existing bank account or send the funds through a wire transfer or online check.
Sharekhan Deposit Fees
Making a deposit on your Sharekhan account is free.
Sharekhan Deposit Methods
There are several methods through which you can deposit money into your Sharekhan account. One can use a credit or debit card and Sharekhan accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Sharekhan account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Sharekhan account. Funding methods for Sharekhan include Credit cards, Bank Transfer, PayPal, Debit cards,.
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Sharekhan Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your Sharekhan brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Sharekhan positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Sharekhan account.
Name | Sharekhan | IC Markets | Roboforex |
Funding Methods | Credit cards, Bank Transfer, PayPal, Debit cards, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | No | No | Yes |
Deposit Fee | No | Varies | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Sharekhan Fees When Withdrawing Your Account Balance
Sharekhan do not charge withdrawal fees. Some withdrawal fees are out of the control of Sharekhan and may be due to 3rd party payment providers and your account base currency.
Sharekhan Withdrawal Methods
Log into your Sharekhan trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Sharekhan account to your bank account. To withdraw money from your Sharekhan account you can use credit or debit cards. Sharekhan processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Sharekhan processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
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Sharekhan Trading Platforms
As there are a number of tradable financial instruments available on the Sharekhan trading platform. Before investing in the Sharekhan platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Sharekhan platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Sharekhan offer phone, and email support.
If you struggle with technology, you need to consider the level of support on Sharekhan is available. Another thing to consider is your financial goals. Make sure that a Sharekhan account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Sharekhan account. Ensure that Sharekhan allows you to focus on the type of trading that you want to focus on.
Make sure Sharekhan is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Sharekhan, think about how easy it is to use for your personal needs. Does the Sharekhan platform offer real-time updates or delayed updates that are more informed? Remember to check if Sharekhan is well regulated, and what tradeable financial instruments Sharekhan has. Security is very important when it comes to trading with Sharekhan.
Sharekhan Web Trading Platform
A Sharekhan web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Sharekhan which acts as a financial intermediary. Sharekhan is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the Sharekhan mobile trading platform.
Sharekhan Apple IOS Trading Platform
A Sharekhan iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
Sharekhan Google Play Android Trading Platform
A Sharekhan Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
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Sharekhan Mobile Trading User Experience
Sharekhan mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Sharekhan mobile trading refers to trading using a mobile phone.
Leading brokerages like Sharekhan offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Sharekhan portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Sharekhan. Once you have download the Sharekhan trading app, you are ready to begin.
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Sharekhan Desktop Computer Trading Platform
A Sharekhan computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Sharekhan desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Sharekhan desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
Sharekhan PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using Sharekhan. A trading computer with access to a Sharekhan PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
Sharekhan Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the Sharekhan trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Sharekhan trading platform is very user friendly on a Mac device.
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Sharekhan Trading Look And Feel
The Sharekhan user interface (UI) is what Sharekhan traders will see and interact with first when trading with the Sharekhan trading platform. The Sharekhan is well designed. The goal of the Sharekhan trading UI is to make the Sharekhan user's experience intuitive. The Sharekhan application has good user experience and a good level of customer satisfaction.
Sharekhan Security
Sharekhan is a secure trading platform. Sharekhan offers traders security via 2 factor authentication, SSL encription when trading with Sharekhan. Sharekhan trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Sharekhan. Rate limitation on Sharekhan suspicious account activities is another layer of protection that is provided for Sharekhan trading accounts, for example multiple failed login attempts with Sharekhan. You have the option to further safeguard your account by using Sharekhan Two-Factor Authentication (2FA), which provides an extra layer of security.
The Sharekhan trading infrastructure is constantly watched and guarded by a trained team at Sharekhan In addition, Sharekhan never send sensitive information without first encrypting on the Sharekhan trading platform using transport layer security (TLS) and SSL.
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Placing A Buy Or Sell Order On Sharekhan
Available Sharekhan order types. # market, limit, stop, stop limit, Good until end of day / canceled.
Sharekhan Market Order
A Sharekhan market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Sharekhan market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Sharekhan market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
Sharekhan Limit Order
A Sharekhan limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
Sharekhan Stop Order
A Sharekhan stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
Sharekhan Stop Limit Order
A Sharekhan stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Sharekhan stop-limit order triggers a limit order when a stock price hits the stop level. A Sharekhan stop-limit order can be helpful when trading if you are unable to watch your trades all day.
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Sharekhan Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
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Sharekhan Trading Platform Features
Online trading platforms like Sharekhan are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Sharekhan. The Sharekhan trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Sharekhan.
Sharekhan Margin Trading
Sharekhan margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Sharekhan margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
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Sharekhan Account Types
Sharekhan Demo Account
Sharekhan offers demo accounts that gives traders the ability to purchase and sell Sharekhan financial instruments in a practice environment, using fake Sharekhan digital money and live market conditions and data. When you practise on a Sharekhan demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Sharekhan platform. Sharekhan demo accounts allow you to experience and practice a variety of market charts, Sharekhan trading indicators, and trading strategies using Sharekhan.
Sharekhan Standard Account
Sharekhan offers a standard trading account, allowing Sharekhan traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Sharekhan trading platform.
Sharekhan STP Account
Sharekhan STP (Straight Through Processing) account is a Sharekhan trading feature that involves sending Sharekhan client orders directly to the market without passing them through a dealing desk. A Sharekhan STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.
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Sharekhan Tradable Financial Instruments
Sharekhan tradable financial instruments are the financial instruments that are specifically available to trade on the Sharekhan trading platform. This refers to the different types of financial markets you can trade with through Sharekhan. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Sharekhan.
Name | Sharekhan | IC Markets | Roboforex |
CFD Trading | No | Yes | Yes |
Stock Markets | 5000 | 2100 | 53 |
ETFs | 500 | No | |
Fractional Shares | No | Yes | |
Cryptocurrencies | No | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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Sharekhan Trading Stocks
Stock trading with Sharekhan is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Sharekhan; if you possess the stock on Sharekhan, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on Sharekhan involves purchasing and selling stocks and share using Sharekhan periodically in order to time trades against the stock markets, with the aim of using Sharekhan to profit from your stock trading. Sharekhan stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Sharekhan. Stock traders on Sharekhan conduct significant study, frequently dedicating several hours every day to market monitoring using Sharekhan trading tools.
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Sharekhan Trading ETFs
What Are ETFs
Sharekhan offers ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
Sharekhan does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
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Sharekhan Trading Cryptocurrencies
Sharekhan does not offer cryptocurrency trading.
Cryptocurrency trading is not offered by Sharekhan, so you will need to find a Sharekhan alternative that allows you to buy and sell the underlying cryptocurrency assets. Sharekhan CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Sharekhan alternative and make sure you undertand the risks fully before trading.
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Sharekhan Forex Trading
Forex trading with Sharekhan is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Sharekhan. The main aim of Sharekhan Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Sharekhan. As a Sharekhan Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Sharekhan. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Sharekhan. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Sharekhan.
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Sharekhan Commodities Trading
Commodity trading is a type of trading available on Sharekhan where individuals or businesses buy and sell financial instruments using Sharekhan related to commodities, such as metals or oil.
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Sharekhan Options Trading
Sharekhan options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Sharekhan option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
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Sharekhan Futures Trading
Futures trading with Sharekhan is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Sharekhan to facilitate the trade. A Sharekhan futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Sharekhan. Typically, futures contracts are traded on an exchange such as Sharekhan; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Sharekhan trader to the contract agrees to provide it.
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Sharekhan Bonds Trading
Bonds trading on Sharekhan is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Sharekhan trader. Bonds can be bought and sold on Sharekhan after they are issued. While some bonds are traded publicly through Sharekhan, most trade over-the-counter between large broker-dealers like Sharekhan acting on their clients' or their own behalf. Yield is therefore based on the Sharekhan purchase price of the bond as well as the coupon.
Sharekhan CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | Sharekhan | IC Markets | Roboforex |
Forex CFD | No | 61 | 35 |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | No | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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Sharekhan Trading Research Tools
Taking advantage of Sharekhan trading research tools which are designed to help traders analyse potential investments using the Sharekhan trading platform. Some Sharekhan research tools include charts, technical analysis, and Sharekhan trading indicators.
Sharekhan Trading News
Traders can follow the markets and make wise investment decisions on Sharekhan by using the news to help form a strategy when it comes to choosing investments. A Sharekhan news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
Sharekhan Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Sharekhan economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
Sharekhan Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Sharekhan fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
Sharekhan Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Sharekhan are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
Sharekhan portfolios
Trading portfolios are useful when trading with Sharekhan.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A Sharekhan trading portfolio is a traders collection of investments, which may include a variety of Sharekhan financial instruments.
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Sharekhan Payment Methods
A Sharekhan payment method is required to fund your Sharekhan trading account before placing a buy or sell order on a financial instrument.
When trading with Sharekhan, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Sharekhan do not have any control over.
Name | Sharekhan | IC Markets | Roboforex |
Payment Methods | Wire Transfer | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Sharekhan review
Sharekhan Withdrawl Methods
When trading with Sharekhan at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Sharekhan account balance. Sharekhan may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your Sharekhan account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
Sharekhan Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Sharekhan account.
Withdrawal requests can take up to three business days to be processed by Sharekhan.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your Sharekhan should arrive in less than 24 hours.
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Sharekhan Customer Support
Customer support represents the resources within the Sharekhan company that provides technical assistance to its customers after they use the Sharekhan service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
Sharekhan offer email, phone, customer support.
Sharekhan Email Support
Sharekhan offers email support.
Email support is a a convenient method of Sharekhan customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Sharekhan regarding your support request.
Sharekhan Livechat Support
Sharekhan offers livechat support.
Sharekhan live chat support is a way for customers to obtain help from Sharekhan through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
Sharekhan Telephone Support
Sharekhan offers telephone support.
Sharekhan telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Sharekhan call centre to give or take information.
Sharekhan Average Support Response times
Contact Method | Average Response Time |
---|---|
Sharekhan Email | 6 hours |
Sharekhan Phone | 5 minutes |
We tested the customer service response times of Sharekhan on Monday, November 11, 2024.
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Sharekhan Educational Resources
Sharekhan educational resources are used throughout the Sharekhan learning environment to help and assist with customer's development and learning of trading on Sharekhan. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Sharekhan trading tools. Educational resources like some of the resources available with Sharekhan are a good as part of a wider set of educational guides and information from else where online.
Some of the Sharekhan trading guides and information that we found useful included platform tutorial videos, eBooks, advanced trading courses, webinars.
Sharekhan Trading Platform Tutorials
Sharekhan offer a range of learning resources and tutorials and guides made available to registered Sharekhan users. The Sharekhan guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Sharekhan users on basic trading principles.
Sharekhan Trading Videos
Sharekhan offer a selection of online trading videos.
Trading videos on Sharekhan help new and even more experienced investors gain insights into Sharekhan technical analysis tools and how the different financial markets work when trading on Sharekhan.
Sharekhan trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Sharekhan training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Sharekhan to trade live financial markets.
Sharekhan Webinars
Sharekhan offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Sharekhan clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Sharekhan trading platform.
Sharekhan review
Sharekhan Financial Regulation When Trading
Financial regulations on Sharekhan protect consumers' investments. Regulations prevent financial fraud and limit the risks that Sharekhan as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Sharekhan financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is Sharekhan Regulated?
Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
Sharekhan is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Sharekhan are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Sharekhan investors, directly with financial regulators in your country.
Sharekhan Regulatory Protection Limits
When registering with Sharekhan you must check with regulatory body your Sharekhan trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Sharekhan account is over seen by. Sharekhan client funds are stored in segregated 3rd party bank account in accordance with Sharekhan financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
Sharekhan Trading Signals
Sharekhan does not offer trading signals in any form.Make sure you understand the risks of trading signals.
How does Sharekhan make money?
Because Sharekhan acts as an intermediary, Sharekhan gets compensated on buy and sell transactions of financial instruments. As a result, Sharekhan profit is determined by the volume and number of transactions. Sharekhan earns revenue to fund their Sharekhan platforms and wide range of trading services through market spreads.
Can you buy shares on Sharekhan?
Sharekhan provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here.
Does Sharekhan offer Cryptocurrency?
Sharekhan does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
Sharekhan Lower fees, lower costs?
Sharekhan have reasonable trading fees and costs. Sharekhan may charge a deposit fee. Sharekhan may charge a withdrawal fee. Some withdrawal fees are out of the control of Sharekhan and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
Sharekhan minimum deposit is 0 USD / GBP / EUR.
How to start your Sharekhan account?
You can sign up for a live or demo Sharekhan trading account by visiting Sharekhan and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Sharekhan account here.
How's the Sharekhan trading app?
Sharekhan allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the Sharekhan trading app here. Your capital is at risk
Is the quality of Sharekhan customer service satisfactory?
Sharekhan have average customer support offering support through email, phone, support options.
Is this broker good for new traders?
Sharekhan is a good trading platform for new traders as Sharekhan offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from Sharekhan?
Sharekhan offer a good selection of withdrawal options. Once Sharekhan have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best Sharekhan Alternatives Reviews
If Sharekhan isnt quite what you are looking for you can check out some of the best Sharekhan alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best Sharekhan Alternatives In Detail
If you would like to see Sharekhan compared agains some of the best Sharekhan alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)