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If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
When it comes to looking at all the non-trading fees Sharekhan is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee. Non-trading fees include various brokerage fees and charges at Sharekhan that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Sharekhan is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Sharekhan offers. Unlike the majority of the online brokers we have reviewed Sharekhan does not charge a withdrawal fee.
This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account. Sharekhan does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period months or years.
Everything you find on BrokerChooser is based on reliable data and unbiased information. Read more about our methodology. Toggle navigation. Sharekhan fees explained Gergely K. Dec Visit broker. Gergely K. Overview of Sharekhan fees and charges Sharekhan fees explained Sharekhan trading fees Sharekhan non-trading fees Sharekhan deposit fee Sharekhan withdrawal fee Sharekhan inactivity fee. Overview of Sharekhan fees and charges. Back to Top. Our readers say. I just wanted to give you a big thanks! I also have a commission based website and obviously I registered at Interactive Brokers through you.
Especially the easy to understand fees table was great! Dion Rozema.
Option (whichever is higher). % or Rs 50 per lot.
Sharekhan fees Sharekhan fees explained. Usually you need to keep an eye on these 3 types of fees: Trading fees - these are brokerage fees that you pay when you actually do a trade, i.
What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
All Blogs Blogs Lists. What you pay is either a commission, a spread or financing rate. The customer's contact information is also used to contact the visitor when necessary. So, for all the lots an investor purchases, he has to pay Rs. We see Sharekhan's trading fees to be high because they charge more than most of its competitors. Having a transparent cost structure by the broker, you can form a specific viewpoint as per your need.
A commission is either based on the traded volume or it is fixed. A spread is the difference between the buy price and the sell price Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day. Apart from this, SSKI also provide new and innovative trading platform like trade tiger which is fast online trading platform.
They have also just launched Sharemobile which is there app for stock trading.
They also provide phone trading at no extra cost for investors who are not very computer savvy. This is one of the well know brokers in India but there brokerage is on the higher side. So if you are a investor and not a trader it can be a good option for you. With there vast network of officer, you will surely be able to find one near your home. Apart from this there are some negatives associated with them. So you have to deposit or take the money from the brokerage account. So it would be a good option to choose one of the discount brokers rather than ShareKhan as they are able to provide much lower brokerage rate and same account of service.
They have great customer service and I have also moved my trading account to them. For now the account opening charges are waived.
Interested in knowing about top 10 broker in India, please visit Top 10 online indian share brokers. I have an account in Sharekhan it is very very chargeable broker. When I complain they reduce to 75 per transaction sell or buy. I am very disappointed with Sharekhan.
They are very much cheaper than Sharekhan. I loss my lot of money in Sharekhan brokerage. Sir my frnd said that sharekhan has taken 10, rs frm his account for some 5 yrs automatic renewal charges i also applied for sharekhan but now scared of this scam i just want to open an account with rs what is good for me and what about angek brokering company. If you dont trade and leave money in your trading account, there are chance that there will be yearly charges payable by you.
That is why Sharekhan should have taken the money. Angel is also a good broking house. Your email address will not be published. Top 10 stock broker in India. Best Trading Platform in India. Angel Broking Review.