0%3,55,026 Clients
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wealth Broking Private Limited, a wholly-owned subsidiary of PhonePe Pvt Ltd. The company is an accredited stock broker with NSE and BSE and uses CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Share.Market charges a brokerage fee is Rs 0 for intraday, delivery, and F&O trading, as of now.
Key Features
| SEBI Registration | NSE Member code | Net Worth (In ₹ Cr.) |
|---|---|---|
| INZ000302639 | 90226 | 0.00 |
Share.Market offers a simple, instant, and paperless online account opening service that can be completed in just 5-10 minutes. You can also download the Share.Market App or register on the company's website using your phone number.
Share.Market account maintenance charges are Rs 15 per month (from the second year onwards), charged in advance every quarter. For AMC charges related to BSDA account, you can refer to Share.Market pricing page.
Share.Market offers online registration and account opening without any charges. The broker does not charge any fees for opening or maintaining an account (free for 1st year) — this applies to both the demat account and trading account.
|
Transaction |
Charges |
|---|---|
|
Demat and Trading Account Opening Charges |
Rs 0 (Free) |
|
Demat Account AMC |
Free for the First Year. Rs. 15 per month charged quarterly in advance from second year onwards |
|
Trading Account AMC |
Rs 0 (Free) |
Share.Market by PhonePe currently does not charge brokerage fees for trading in any of the segments (Intraday, Delivery, and F&O).
VisitShare.Market Brokerage Charges Reviewfor more detail.
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Following are the steps to open the Share.Market account:
Share.Market provides its customers with a trading platform, allowing them to trade across multiple securities.
Share.Market is an Indian stock market app for investing in stocks, IPOs, Futures & Options (F&O), WealthBaskets & more. The Share.Market app download is available on both Android and IOS for free of charge.
Share.Market by PhonePe also offers a web-based platform that allows investors to invest and trade in stocks, futures and options, wealthbaskets, and more from their desktop or laptop. This app does not offer services such as call & trade, forex trading, and commodity trading.
Visit Share.Market Trading Software Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
The following are the advantages of Share.Market. You must read Share.Market advantages and disadvantages before opening an account with Share.Market. Share.Market pros and cons help you find if it suits your investment needs.
The following are the cons of Share.Market. Check the list of Share.Market drawbacks.
| Overall Rating |  3.7/5 |
| Fees |  3.3/5 |
| Brokerage |  4.3/5 |
| Usability |  4.0/5 |
| Customer Service | 3.7/5 |
| Research Capabilities |  2.7/5 |
Based on 3 Votes by Share.Market Customers
Do you trade with Share.Market? Rate Share.Market
The number of Share.Market customer complaint received by the exchanges. The Share.Market consumer complaint report helps understanding the Share.Market quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| BSE | 2024-25 | 149657 | 9 | 0.006 % |
| NSE | 2024-25 | 355026 | 336 | 0.09 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Share.Market Complaints at BSE, NSE and MCX for detail report.
Share.Market WealthBaskets offers investors a unique opportunity to engage in diversified stock and ETF portfolios curated based on intelligent, research-driven strategies.
These baskets provide a cost-effective way to mitigate market risks while maintaining complete control over your investments, with no lock-in periods and the ability to customize your portfolio.
Additionally, users have access to comprehensive stock market analysis, expert insights, and trading tools designed to enhance their investment strategies. With regular app updates and an expanding range of products, Share.Market WealthBaskets empowers you to stay informed in the dynamic market landscape.
Yes, Share.Market app uses a secure transaction system that ensures all data is transmitted over a protected connection to ensure security when trading and investing.
Yes, PhonePe Wealth Broking Pvt (Share.Market) is a SEBI-registered stockbroker. PhonePe Wealth Broking Pvt Ltd is registered with NSE and BSE as a stockbroker, with CDSL as a depository participant, with AMFI as a mutual fund distributor and with SEBI as a Research Analyst.
Share.Market as an online trading and investment platform of PhonePe Wealth Broking Pvt. Ltd.
Share.Market allows customers to trade and/or invest in NSE and BSE-listed stocks and F&O.
Information on this page was last updated on Monday, October 7, 2024
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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