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Shabbir is an online entrepreneur in the field of Internet Marketing and is devoted to optimization and usability of his websites. Apart from doing trading he blogs about Internet Marketing Tips @imtips.co

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ShareKhan Review

We come to the final review in the series of Reviewing Major Stock Brokers and I did share my views and experience with

  1. Religare
  2. AnandRathi
  3. Reliance Money
  4. Indiabulls
  5. HDFC Securities
  6. Motilal Oswal
  7. ICICIDirect

and today I will share my views and experiences with ShareKhan.

Positives

  • Brokerage – If you have an account with some other broking house they will offer you better brokerage rate. Brokerage depends on your ability to negotiate.
  • Very sound Online platform as well as the Windows application “Trade Tiger”. You can do everything using the online system or Trade Tiger application.
  • Integrates well with your existing bank account and you do not need any extra bank account to maintain.
  • Mutual Funds / IPO all can be done online without any hassle.
  • Mutual Fund Fees is NIL. Yes you heard it right. There is no fees to transact in mutual funds online with ShareKhan.
  • If you have a portfolio of over 500k you can get a Relationship Manager which is as good as Motilal Oswal’s Offline account facilities.

There is hardly any negatives that I am experiencing and this is one of the main reason to move all my equity based investment and trading into ShareKhan.

If you have more to share please do share them in comments. Your views not only help me with my decision to move everything to ShareKhan but also help other fellow readers.

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119 Responses to “ShareKhan Review”

  1. sudhip says:

    thanx…hi how r u bro?…yesterday i got my kit…..and frm monday i’ll start trade,i’m quite nervous,any advice 4 me…

  2. sudhip says:

    k…thanx,main dhyan rakhunga

  3. sudhip says:

    one more question yesterday ,for the first time i transferred 100 rs. To trading account and instatly withdraw it,and i got that 100rs in my bankaccount,then today.i transferred 9000 frm my bank account to trading account,transfered sucessfull frm my bank account and 9000 subtract frm my bank account,but in sharekhan trading account transaction showed unsucessfull,,,,now what to do,,,do u think i’ll get my money back in my bank account…becauz sometimes transaction takes around 24 hrs,pls. Share ur experience,hv u ever faced that kind of prblm..

  4. sudhip says:

    k…one more thing,i transact money on saturday 18:50,,,today is sunday,so not able to contact them,,after 4:00 pm of saturday,we can’t contack to sk support,and so may be transact couldn’t take place and may be in pending,what do u say

  5. sudhip says:

    i got my money in trading account after 3 day delay….one more thing..can u checkout a thing on your pc…actually i`m not getting data of indian stocks on google finance after 2 pm of yesterday…..pls. checkout once in your pc..thanx

  6. sudhip says:

    really,even sensex’s chart shows only of the 2′o clock,..pls. Look at the chart

  7. sudhip says:

    no ..i hate yahoo finance..the MACD signal they provide is not correct and also they not provide KDJ indicater…too much slow and data not update automatically while google finance update automatically…do u know any charting software or website..so i can analyze stocks

  8. sudhip says:

    k…r u on facebook..

  9. sudhip says:

    today while searching i found a website named EDELWEISS…it provides trading in equity and in mutual fund online without requesting necessary documents….what`s your review abt this site

  10. Rahul says:

    Hi,
    Who is the best broker where I can trade with minimum brokerage and good service? I also want low option brokerage.
    How much Sharekhan Charges??
    Can anyone give the details please.

  11. tushar says:

    hi,

    i am completely new to this world of investing, at first i was thinking to open a 3 in 1 a/c from icici because all the things were available there at one place but u have criticized it a lot, so a bit confused. i want to invest slowly for long term and i am not going to start with a huge investment in market, starting with 40k-50k, so which would be best for me. and also trading offline would be better for me or online trading.

  12. vipul sethi says:

    I want to contact you . Can you please share your number with me ?

  13. chandra says:

    hi, firstly at d tim of contract with sharekhan they said intrady brokerage wud b 0.1paisa but nw while trading i noticed they charge high.whn contacted RM he said no it is o.3% or min 3 paisa.what to do.if i earn 400 profit i get only nearly 110.

    second i need to refresh moneycontrol as well as mmb to get updates.can u help

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