What is Sharekhan account?

Sharekhan is one of the oldest and most popular stock brokers. It offers a wide range of trading and investment products to retail investors. To trade or invest with Sharekhan, you have to open an account with Sharekhan.

Sharekhan Trading Account

It is a 2-in-1 account (trading + demat account) that can be used for online and offline trading. All customers need to link their savings bank account with the 2-in-1 account. This account offers trading in equity, commodity and currency IPOs, Mutual Funds and Portfolio Management Services (PMS).

The Sharekhan trading account gives traders access to various stock exchanges and places orders in securities of their choice. The demat account is an online repository to hold all the securities bought through the trading account. Sharekhan is a depository participant with NSDL and CDSL.

Sharekhan Account Types

Sharekhan offers a variety of accounts to its customers. Each account is meant for a certain trader type- beginner or experienced. The popular Sharekhan account includes:

1. Sharekhan First Step Account

   Designed for new traders, the program takes you through the basics of the stock market, helps you understand various products and trade online confidently.

2. Sharekhan Investor Classic Account

   Designed for experienced traders, the account offers various trading facilities like real-time stock prices, online cash transfer and instant order execution. It also provides in-depth market analysis along with stock recommendations with profit targets.

3. Sharekhan Trade Tiger Account

   This account gives you access to Trade Tiger, an installable trading platform, that provides advanced trading features like Multiple International MarketWatch, 24 hour Market Access, One-Click Filter and Unlimited Charts etc.

4. Portfolio Management Services (PMS)

   This account is meant for investors who need professional assistance in creating and managing an investment portfolio. The minimum initial investment amount is Rs. 50 Lakhs.