Sharekhan Review: Stock Trading App in India [2021]

Stock trading has been a major source of income to investors. Hence in this article, we will review Sharekhan Stock trading app and understanding all the nitty-gritty of the platform.

ShareKhan Review: Summary

  • Sharekhan is India’s one of the best stock trading platforms with over 2 Million+ clients.
  • You can trade in multiple through Sharekhan Mobile App.
  • Sharekhan offers different order types such as Bracket order, trailing stop loss, GFD, etc.
  • You can open an online account in fifteen minutes by completing verification at Sharekhan.
  • Sharekhan offers different products such as investment charts, pattern finder, smart search, etc.
  • You can also use leverage at Sharekhan to magnify your profits. However, leverage also comes with a very high risk.

What is Sharekhan?

Sharekhan (A BNP Paribas group company) is one full-service stockbroker which helps you connect with BSE/ NSE to buy/ sell the stocks and much more. Sharekhan is a stockbroker with over 20 years of experience. This platform has 2 Million+ clients, 3200+ service offices, and INR 46,600+ crore of customer assets.

Sharekhan App Review

Sharekhan Mobile App allows you to trade or invest in stocks. It has a user-friendly interface and is extremely easy to navigate. 


  • You can trade in multiple segments through one app. The details are as follows: Equities, Derivatives (Futures and Options), Commodities, Currencies. 
  • Track movement in Indian and global Indices including Nifty 50, Sensex, Bank Nifty, Dow Jones Industrial Average, Nasdaq 100, S&P 500, FTSE, and Japan Nikkei.
  • Create multiple watchlists to track various stocks at a glance or use the existing watchlists available on the app.
  • Order book, net position, turnover, trade report, limit statement, and various transaction-related reports are available for the records.
  • Live Portfolio shows your current holdings. Virtual Portfolio helps you to create a dummy portfolio using live market information. Hence, you can test strategies and then apply them in live scenarios. 
  • You can apply directly in IPO (initial public offer), bonds, and OFS (Offer for sale) with the app. 
  • Sharekhan also provides the market news.
  • It enables you to transfer funds, i.e., you can withdraw or allocate funds. 
Sharekhan Mobile app
Sharekhan Mobile app

Trading on Sharekhan

 Sharekhan app provides best in class charting features for technical traders like: 

  • 6 types of charts, which include a candle bar chart.
  • 17 different time frames.
  • 36+ Indicators including MACD, moving averages, RSI, etc.
Trading on Sharekhan
Trading on Sharekhan

How to open Sharekhan account?

You can open an online account in fifteen minutes by visiting Sharekhan‘s Website. Keep the essential details and soft copies of KYC documents handy while creating an account.

Sharekhan allows you to open an account by creating a request on the website. Later, an RM will visit your instructed address to open the offline account.

Step 1: Sharekhan Email Verification

Enter name, mobile number, email address, city, and click on start. Then, verify with the OTP received on your mobile number.

Step 2: Sharekhan KYC Verification

You need to provide the following details for your KYC verification:

  • PAN
  • DOB
  • IFSC Code
  • Bank Account Number

Step 3: Upload Documents

These are the following documents that you need to upload:

  • PAN
  • Address Proof
  • Cheque Copy
  • Income Proof (Preferably Income Tax Return- it is mandatory if a users want to activate the derivatives segment for trading)
  • Signature Copy
  • Click a Selfie to upload
  • Record a video for face verification
Sharekhan upload documents
Sharekhan upload documents

Step 4: Additional Details

These are some additional detail that you have to share: 

  • Gender
  • Marital Status
  • Income Details
  • Trading Experience

How to add money to Sharekhan?

You can only transfer funds from your registered bank account to Sharekhan. Notably, you can fund through NEFT, RTGS, net banking, or UPI. There are no charges for adding funds to the account. Similarly, there are no charges on withdrawals. You need to specify the section in which you want to add funds. Hence, you have to choose from equity or mutual funds. Later on, you can inter-transfer funds between equity, IPO, mutual funds.

How to use Sharekhan?

These are the steps that you can follow to place an order at the Sharekhan app:

  1. Place your order through BSE/ NSE (Action: Buy/ Sell).
  2. Then choose your order type from normal order, bracket order, or bracket + TSL.
  3. In the next step, you may choose to specify the price. If you select the price, it is a limit order; else, your order is executed with the best available price in the market.

Day Withdrawal Fulfillment Timing at Sharekhan

DayWithdrawal TimingFulfillment Timing
Monday – FridayBefore 10:15 Hrs.Same Day Afternoon
Monday – FridayBefore 14:00 Hrs.Same Day Evening
1st, 3rd & 5th SaturdaysBefore 10:15 Hrs.Same Day Afternoon
1st, 3rd & 5th SaturdaysBefore 14:00 Hrs.Same Day Evening
2nd & 4th Saturdays/ Bank holidaysNo Payout (Considered for next working day)
ShareKhan Review: Withdraw

ShareKhan Review: Products

  1. Investment Chart: Users can build a portfolio/ group of their favorite stocks and trade them with a single click. You can monitor Investment Cart stocks without logging in.
  2. Pattern Finder: This product works best for Technical Analysts. Pattern Finder recognizes critical technical patterns and shares trade ideas to generate profit.
  3. Smart Search: An intuitive search engine built by Sharekhan that allows instant search across scripts, related news, research calls, users’ current holdings, positions. It also locates mutual funds with relevant star ratings, returns, funds, other details, and much more.
  4. NEO: It’s an intelligent goal-based investment tool. Users can invest in an automated manner in mutual funds based on their risk profile, goal, and time horizon.
  5. AlertsIt enables instant alerts over SMS and email set for price movements, corporate announcements, board meetings, news, etc. 

Sharekhan Platforms

Sharekhan offers multiple platforms that cater to different needs of investors/ traders. The media are given below: 

  1. Sharekhan web is a web browser interface for traders to invest in stocks using a desktop. 
  2. Sharekhan Mini is a mobile or browser-friendly website. It gives a seamless experience to users with low or unstable internet connectivity.
  3. Tiger Trade: Pro and seasoned traders use the advanced trading platform for desktop called Tiger Trade.
  4. Sharekhan dial and trade allow users to place trading orders via telephone. These phone calls are free.

Leverage at Sharekhan

Traders can use