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Rating Index

Pros

Wide range of trading platforms, including desktop, mobile, and web-based options, catering to different trader preferences.

Strong customer support with dedicated relationship managers and numerous branches across India for personalized assistance.

Educational resources such as online classrooms and workshops for investors of all experience levels, enhancing their trading knowledge.

Cons

Higher brokerage charges compared to discount brokers, which may deter cost-conscious traders.

No option for a 3-in-1 account, limiting convenience for clients who prefer an integrated banking and trading experience.

Minimum brokerage fees can make trading in low-value stocks less profitable, particularly for those trading stocks priced below ₹20.

Sharekhan broker Accounts

Sharekhan Account Type

Sharekhan offers a variety of account types to cater to different investor needs. The main account types include:

First Step Account: Designed for beginners, this account helps new traders understand the basics of the stock market and trade online confidently.
Classic Account: Tailored for experienced investors, it provides various trading facilities, including real-time stock prices, online cash transfer, and instant order execution, along with in-depth market analysis and stock recommendations.
Trade Tiger Account: This account is targeted at active traders and provides access to Sharekhans proprietary trading platform, Trade Tiger, which offers advanced trading features such as multiple market watches, real-time updates, and various analytical tools.
Advisory Account: Designed for high-net-worth individuals (HNIs), this account offers personalized investment advice and professional portfolio management services.

Sharekhan Broker Account Opening Process

Opening an account with Sharekhan is a straightforward process that can be completed online or offline. Here are the steps to open a trading and demat account:

Online Account Opening:

Visit the Sharekhan website and click on the "Open Account" button.
Choose whether you want to open your account 100% digitally or via a home visit.
If you select the digital option, fill out the application form with your personal details.
Upload necessary documents such as PAN card, Aadhaar card, and a cancelled cheque.
After document verification, your account will be activated, and you will receive login credentials.

Request a Call Back:

Fill out a callback request form on the Sharekhan website.
A Sharekhan representative will contact you to assist with the account opening process and may arrange an in-person visit.