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Sharekhan
29.4.26
Sharekhan
Sharekhan Review for traders in India: SEBI-regulated, BNP Paribas-backed broker with 500+ city network since 2000
Sharekhan is one of India's most experienced brokers — SEBI-regulated, BNP Paribas-backed, with over 20 years of history and a 500+ city branch network. Its research and advisory services are well-regarded for retail and HNI clients. Fees are higher than discount brokers, but the combination of international backing, research depth, and national reach is a strong proposition.
Consensus Rating
The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.
Alternative Provider
AvaTrade
India has a large and growing retail trading community with a strong appetite for global markets. AvaTrade's 1,260+ instrument range — including vanilla options and futures alongside standard forex and CFD products — gives experienced Indian traders more to work with than most offshore alternatives, and the AvaTradeGO app handles mobile access cleanly.
Sharekhan is one of India's pioneer online stock brokers, regulated by SEBI and part of the BNP Paribas Group since 2016. Founded in 2000, Sharekhan offers equity, derivatives, mutual funds, IPOs, commodities, and currency trading. It is known for its research-driven approach, branch network across 500+ cities, and strong support for retail and HNI investors. The BNP Paribas backing provides international credibility and institutional strength to a well-established Indian brokerage brand.
Available locally?
Foundation
2000
Minimum Deposit
INR 0
HQ
Payment Methods
Regulators
SEBI
Trades at the Stock Exchange?
❌
How to Open an Account
1. Go to the official website >
Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.
2. Open an account
Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.
3. Verify your identity
Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).
4. Add funds
Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.
5. Make your first transaction
Find the function you need in the app, set the amount or limit (if applicable), and confirm.
Advantages
Regulation & Trust
20+ Years in Business
Long operational history demonstrating stability and experience.
Regulation & Trust
Clean Regulatory Record
No significant regulatory penalties or violations reported.
Costs
Transparent Fee Structure
Fees, spreads, and commissions are clearly disclosed.
Regulation & Trust
Segregated Client Funds
Client funds kept separate from company operational funds.
Customer Support
Reliable Customer Support
Responsive and effective assistance available to users.
Regulation & Trust
Investor Compensation Scheme
Compensation program available if the company becomes insolvent.
Trading Platform & Execution
Web Trading Platform
Trading accessible through a browser without software installation.
Trading Platform & Execution
Desktop Trading Platform
Dedicated desktop software available for trading.
Regulation & Trust
Established Brand
Strong market recognition and reputation among traders.
Research & Education
Free Educational Materials
Educational content such as guides, tutorials, and courses available.
