Wednesday, 17 January 2018

Sharekhan Web, Mobile app and Desktop base trading platform - 2018

Sharekhan Web, Mobile app and Desktop base trading platform - 2018
Sharekhan offers terminal based, web based and mobile app based trading to its customers.
Sharekhan Classic Account: This account offers net based online trading and also call and dial facility at free of cost. Some of its features are:
  • Free and Secure Trading over phone using two of your numbers.
  • 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
Sharekhan TradeTiger: Trade Tiger is the downlodable terminal based online trading platform of Sharekhan. It is a very robust platform that requires a slight learning curve, as all active trader platforms do, to become acquainted with it. Some of its features are:
  • single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX, Currency, Mutual Funds, IPOs
  • Multiple Market Watch available on a Single Screen
  • Multiple Charts with Tick by Tick Intraday and End of Day Charting powered with various Studies
  • Graph Studies include Average, Band-Bollinger, Know SureThing, MACD etc
  • Apply studies such as Vertical, Horizontal, Trend, Retracement & Free lines
  • User can save his own defined screen as well as graph template, that is, saving the layout for future use.
  • User-defined alert settings on an input Stock Price trigger
  • Tools available to guage market such as Tick Query, Ticker, Market Summary, Action Watch, Option
  • Premium Calculator, Span Calculator
  • Shortcut key for FAST access to order placements & reports
  • Online fund transfer activated with 14 Banks
Trade Tiger Access Charges (Applicable for online trading only) :-Additional Fee of Rs. 3000 + statutory charges
ShareMobile: Sharemobile is the app for ios and android phones.Earlier version used was Sharekhan MINI. Some of the features of ShareMobile are:
  • Multi-Exchange streaming watch list.
  • Fund transfer
  • Trading on NSE,BSE,MCX,MCDEX
  • Live Reports,Market Indices and News
  • Intraday Charts
For detail review of mobile app and download please visit Sharekhan Mobile App.

Sharekhan Membership Information

  1. Sharekhan NSE Membership:
    • Capital Market (CM) - INB231073330
    • Future & Options (F&O) - INF231073330
    • Currency Derivatives (CDS) - INE231073330
  2. Sharekhan BSE Membership:
    • Capital Market (CM) - INB011073351
    • Future & Options (F&O) - INF010752039
  3. Sharekhan MCX Membership:
    • MCX-SX CDS : INE261073330
    • NCDEX : NCDEX/TCM/CORP/0142
    • MCX : MCX/TCM/CORP/0425
  4. Sharekhan Depository:
    • Depository Participant : NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004;

Product and Services

3 in 1 Account
No
Multiple Plans
No
Monthly Plan
No
Yearly Plan
No
Portfolio 
Yes
Charting 
Yes
Automated Trading 
No
AMO Order 
Yes
Allow GTC Order 
Yes
SMS Alerts
Yes
Margin Trade Funding 
Yes
Combined Ledger for Equity and Commodity
Yes
NRI Trading 
Yes

Offering of Investments

Equity Cash and F&O help
Yes
Currency F&O help
Yes
Commodity Trading help
Yes
Mutual Funds help
Yes
ETF help
Yes
IPO Investment help
Yes
Bonds Investment help
Yes
Debt Investment help
Yes
Banking Service help
No
Insurance Service help
Yes
SIP Investment help
Yes

Trading Platforms & Tools

Desktop Platform (Windows) help
Yes
Desktop Platform (Mac) help
No
Web Platform help
Yes
Stock Alerts Delivery - Email help
No
Stock Alerts Delivery - Text SMS help
Yes
Virtual Trading help
No
Watch-lists, streaming real-time quotes help
Yes
Mobile Trading help
Yes
Android Tablet App help
Yes
Android App help
Yes
iPhone App help
Yes
iPad App help
Yes
Mobile Trading Site help
Yes

Customer Service

Phone Support help
Yes
Toll Free Number help
Yes
Email Support help
Yes
Branch Offices help
Yes
Live Chat (Current Clients) help
Yes
24/7 Support help
No

Research and Market Reports

Daily Market Report help
Yes
Free Tips help
Yes
Quarterly Results help
Yes
New Alerts help
Yes
Mutual Funds Research help
Yes
Research Equity Reports help
Yes
ETF Research help
Yes

Final thought about Sharekhan

Sharekhan is a big name in share brokerage Industry with over 13 lakh customer base, powerful online trading tools, Research based investment advice, dedicated customer service. ShareKhan is best suited for newbies in the market who can get help from its branches in your neighborhood but only at the cost of paying high brokerage. The challenge Sharekhan and all other full service brokers are facing with emerge of new discount brokers in market is inevitable and has to compete hard to stay in business.

Sharekhan Brokerage Charges - 2018

Sharekhan Brokerage Charges - 2018
Intra-day Trades : 0.1% on the buy side and 0.1% on the sell side. This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged.
For Delivery Based Trades: 0.5% on the buy side and 0.5% on the sell side. This is subject to a minimum brokerage of 10 Paisa per share. Minimum brokerage of 10 Paisa per share will be applicable when the share price is Rs 20/- or less.
Brokerage of Rs 16/- per scrip will be applicable when the total traded value is Rs 3200/- or less in case of sell transaction. It will only be applicable on SELL Delievery Transactions.
Equity Future: 0.10% on the first leg, 0.02% on the second leg if squared off on the same day and 0.10% if squared off on any other day.
Option: ShareKhan Charge Rs. 100/- per lot or 2.5% on the premium (whichever is higher)
ShareKhan Transaction Charges:
  • Equity Delivery: 0.125% (Both sides)
  • Equity Intraday: 0.025% (sell side)
  • Derivatives (Futures): 0.017% (sell side)
  • Derivatives (Options): 0.017% only on sell side if squared off. (On premium)
ShareKhan Stamp Duty
  • Equity Delievery: 0.010%
  • Intra-day trades: 0.002%
  • Derivatives Future: 0.002% on actual price
  • Option: 0.002% on premium.
ShareKhan Other charges
Service Tax 10.30% on Brokerage + Transaction Charges ( 10% Service Tax + Education Cess 2% of Service Tax + Higher Education Cess 1% of Service Tax).
Turnover Tax 0.00335% for Cash Segment (0.00325% + 0.0001% Sebi Turnover Fees) and 0.002% for Futures on actual rate (0.0019% + 0.0001% Sebi Turnover Fees) and 0.0501 on premium ( 0.05% + 0.0001% Sebi Turnover Fees).
Trading and Demat Account
  • Trading and Demat Account Opening Charges: Free
  • Trading Annual maintenance charges (AMC): charges are fully adjustable against brokerage.
  • Demat Account Annual Maintenance Charges (AMC): Rs 400 (Free for 1st year with trading account.)
Sharekhan Minimum Brokerage :5 paisa/share for intraday trasactions and 10 paisa/day for delievery trasactions.
Sharekhan's Pre Paid Scheme:
ShareKhan Offers various Pre Paid Brokerage Plan where investors need to pay th brokerage money upfront to avail the lowest brokerage rates for a year. Some plans are - AMC 6000, AMC 10000, AMC-18000,AMC-30000,AMC-60000 and AMC-100000.Please refer below table for Detail plan.
Sharekhan's Post Paid Plan:
Sharekhan offered this unique post paid plan based on keeping margin money in your account. The higher the margin money ,the lower the brokerage will be. You can keep the margin money starting from 25k to 20 lakhs to avail this plan's offerings.
ShareKhan Reward program like 'refer a friend' and 'Get an Affiliate link' gives you an opportunity to earn 10% of brokerage or Rs 2 on every trade executed by your referral.
Sharekhan Brokerage Charges - Classic Account
Brokerage PlanClassic Account
Flat FeeNA
Equity Delivery0.5%(buy and sell side)
Equity Intraday0.1%(buy and sell side)
Equity Futures0.1% on 1st leg and square off any other day
Equity OptionsRs 100/- per lot or 2.5% on premium (whichever is higher)
Currency Futures0.1%
Currency OptionsRs.30/- per lot or 2.5% on premium (whichever is h
Commodity0.1%