Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
-8.23%6,08,713 Clients
Zerodha (Flat Rs 20 Per Trade)
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App and Investiger App (available for Android and iOS devices).
Designed for serious Investors and Traders, who believe in conducting serious research and analysis and adhering to serious discipline, Mirae Asset Sharekhan’s full-service model consists of an expert Research team, experienced Relationship Managers, a wide network of branches, information-packed trading and investing platforms and educational modules.
The company’s primary products include trading for Equity, Derivatives, Currencies, and Commodities as well as investments in IPOs, Mutual Funds, Insurance, Bonds, and NCDs. Mirae Asset Sharekhan also offers margin funding, portfolio management services, and NRI services.
It also provides unique and personalised solutions for Active Traders and Active Investors such as Trading Products, Leverage and Research Ideas as well as Baskets and PMS. For Newcomers, it also offers ROAR, an onboarding program, Mirae Asset Sharekhan Classroom, a learning program and Mirae Asset Sharekhan Foresight with sessions by renowned speakers.
Mirae Asset Sharekhan charges a fee of 0.30% on the market rate or a minimum of 1 paisa per share for Equity Delivery trades and 0.02% on the market rate or a minimum of 1 paisa per share for trades.
Mirae Asset Sharekhan has been in the financial market for 24 years. As of 31st January 2024, Sharekhan has over 30 lakh clients. Mirae Asset Sharekhan also has an excellent knowledge centre on its website to help stock and commodity market investors to take well-informed decisions.
Education is a core pillar of how Mirae Asset Sharekhan wants to help both newcomers and experienced customers understand trading and investing seriously. The company also offers both zero-cost and paid online and classroom seminars/workshops for investors. Each Mirae Asset Sharekhan account is serviced online and in person by a Mirae Asset Sharekhan representative.
Key features of Mirae Asset Sharekhan:
Allow investors to buy and sell stocks online along with the following features multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.
This is a net based executable application for active traders who trade frequently during the day's trading session. Following are few popular features of the Trade Tiger account.
Like any full-service broker, Mirae Asset Sharekhan, too, charges certain fees for Trading Account and Demat Account Maintenance. For Trading Accounts, too, there are the usual brokerage charges that are charged for trades and transactions.
Note: *Statutory costs will be applicable as per Exchange guidelines.
For Intraday Trades: Mirae Asset Sharekhan charges minimum brokerage of 1 paise per share. This means that while doing Intraday trading if the share price you trade in is Rs 10 or less, a minimum brokerage of 1 paise per share will be charged.
For Delivery-Based Trades: Mirae Asset Sharekhan charges a minimum brokerage fee of 1 paise per share. This means; that for delivery-based trades minimum brokerage is 0.30% on the market rate or a minimum of 1 paisa per share
Minimum DP charges: Minimum brokerage less than Rs 21, then the difference between brokerage charge +18% GST will be applicable as DP charges. This is applicable only for Sales Trade.
VisitMirae Asset Sharekhan 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.
For online trading with Mirae Asset Sharekhan, investor has to open an account. Following are the ways to open an account with Mirae Asset Sharekhan:
Mirae Asset Sharekhan offers 4 online trading software to its customers.
These Mirae Asset Sharekhan trading software offer trading in equity, commodity, and currency at BSE, NSE, MCX, and NCDEX. Mirae Asset Sharekhan trading platform is available for free to all customers.
1. TradeTiger (Trading Terminal)
TradeTiger, the exe-based installable trading application for PC, is one of the most powerful and advanced trading platforms available in India. This platform has been developed in-house by the Mirae Asset Sharekhan IT team and is continuously improved based on user feedback. Sharekhan Trade Tiger has all the features that an active trader needs.
It offers complete market monitoring, advanced charting and analysis features, a technical scanner that allows you to set your manual strategies, browse Mirae Asset Sharekhan's live research that makes it easier to find the research you want, make calls faster and easier and decode the markets on 6 different chart types with customizable time frames, advanced charting tools, set alerts with charting tools, trade directly from the charts and much more.
2. Sharekhan Website (Website Trading)
The Mirae Asset Sharekhan website is a web-based trading platform that can be used for free on a cell phone, tablet or via a web browser. It offers advanced charts, watchlists, in-depth stock details in one place, access to options data, heatmaps and stock recommendations, relevant news updates, a pattern finder, order placement screens tailored to clients of all types and much more.
3. Sharekhan App (Mobile Trading)
The Mirae Asset Sharekhan App is available on Google Play and in the AppStore. With the Mirae Asset Sharekhan app, you scan the markets through 6 different chart types with 16 different time frames, predefined Market Watch, Live Indices Heat Map and Fundamental News Alerts, shortcuts for your favourite stocks on the mobile home screen for faster access, Market Stats filters and detailed scrip quotes and more.
4. InvesTiger App (Mobile Trading)
InvesTiger App offers hand-picked baskets of stocks, research alerts for timely trading and rebalancing of a portfolio with a single click, investment-oriented portfolios with low rebalancing rates, thematic portfolios such as Power Model Portfolio, Top Pick Portfolio, Star Model Portfolio, Emerging Star Portfolio and more.
Read Sharekhan trading software review in detail.
Visit Mirae Asset Sharekhan Trading Software Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
The following are the advantages of Mirae Asset Sharekhan. You must read Mirae Asset Sharekhan advantages and disadvantages before opening an account with Mirae Asset Sharekhan. Mirae Asset Sharekhan pros and cons help you find if it suits your investment needs.
The following are the cons of Mirae Asset Sharekhan. Check the list of Mirae Asset Sharekhan drawbacks.
Mirae Asset Sharekhan margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Mirae Asset Sharekhan F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Mirae Asset Sharekhan F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  3.3/5 |
| Fees |  3.0/5 |
| Brokerage |  2.8/5 |
| Usability |  3.7/5 |
| Customer Service | 3.3/5 |
| Research Capabilities |  3.1/5 |
Based on 316 Votes by Mirae Asset Sharekhan Customers
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The number of Mirae Asset Sharekhan customer complaint received by the exchanges. The Mirae Asset Sharekhan consumer complaint report helps understanding the Mirae Asset Sharekhan quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| BSE | 2025-26 | 109661 | 1 | 0.0009 % |
| NSE | 2025-26 | 608713 | 84 | 0.0138 % |
| BSE | 2024-25 | 319478 | 13 | 0.0041 % |
| NSE | 2024-25 | 663269 | 316 | 0.05 % |
| BSE | 2023-24 | 308317 | 50 | 0.02 % |
| NSE | 2023-24 | 671884 | 207 | 0.03 % |
| BSE | 2022-23 | 197816 | 32 | 0.02 % |
| NSE | 2022-23 | 694334 | 178 | 0.02 % |
| BSE | 2021-22 | 154645 | 24 | 0.02 % |
| NSE | 2021-22 | 764250 | 292 | 0.03 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Mirae Asset Sharekhan Complaints at BSE, NSE and MCX for detail report.
Mirae Asset Sharekhan is a full-service broker offering trading and investment services in equity, derivatives, commodities, currency and mutual funds etc. Sharekhan provides its services online and in hundreds of outlets spread across India.
To avail of various services offered by the company, you need to open an account with the company. Mirae Asset Sharekhan offers 4 types of accounts:
For Mutual Fund investing, you need to open a separate account called 'Insta MF Account'.
In addition to the accounts mentioned earlier, you must also open a demat account and have a savings account with any bank in India. The demat account will be linked to your trading and InstaMF account and all the securities bought through the accounts will be held in it.
Once you have opened the accounts then you're ready to trade through Mirae Asset Sharekhan using various ways:
Mirae Asset Sharekhan charges brokerage based on your trading plans. For every transaction, you will be charged brokerage, demat transaction fees, other fees and taxes.
Mirae Asset Sharekhan is among the popular full-service stockbrokers. Different type of investors chooses Mirae Asset Sharekhan for different reasons.
If you are new to the stock market, Mirae Asset Sharekhan could be the best option for you as they offer training, hand-holdings, tips, and local support through a personal relationship manager (RM). They also have a do-it-yourself online trading platform which makes investment extremely easy.
If you are an active trader who is trading in high volume or multiple times a day, Mirae Asset Sharekhan prepaid brokerage plans work well for it. They reduce brokerage significantly and offer you a range of add-ons like an excellent trading platform, RM, research, tips, local support and PMS.
If you are not technology savvy and do not feel comfortable in online trading and investment, Mirae Asset Sharekhan is the right choice for you. It offers support from neighbourhood branch offices, RM for in-person services and free call & trade services. A simple example is, that you can call your RM and ask him to pick up your cheque for adding funds to your trading account.
Mirae Asset Sharekhan is among 100's stockbrokers who offer trading and investment services to retail investors in India. Each of these brokers has something good about them. Their products and services are suitable for a certain type of investor.
Mirae Asset Sharekhan is good for customer types
Mirae Asset Sharekhan is good for
Mirae Asset Sharekhan charges include a variety of fees and taxes. Major fees and taxes charged by Mirae Asset Sharekhan include:
Mirae Asset Sharekhan is a popular full-service broker. It offers several products, trading software and add-ons which are designed for a wide range of customers including beginners, active traders and customers who are not tech-savvy.
Mirae Asset Sharekhan is famous for its in-person services through a network of branches in over 700 cities across India. Every customer has a Relationship Manager (RM) allocated to him who works as customer support, trainer and personal advisor.
Mirae Asset Sharekhan also has an excellent online trading platform for customers who would like to trade by themselves. Mirae Asset Sharekhan Mobile App is a powerful trading tool used by most of its customers.
Mirae Asset Sharekhan investor training programs are among the best in the industry. They offer multiple online and classroom training programs to bring you up to speed.
Mirae Asset Sharekhan has a dedicated research team. They provide trading tips, research, recommendations, and technical and fundamental analysis.
Mirae Asset Sharekhan brokerage charges are very high in comparison to discount brokers like Zerodha.
Mirae Asset Sharekhan charges a fee of 0.30% on the market rate or a minimum of 1 paisa per share for Equity Delivery trades and 0.02% on the market rate or a minimum of 1 paisa per share for trades.
Read Mirae Asset Sharekhan Review for more detail.
Mirae Asset Sharekhan is a depository participant (DP) with both NSDL and CDSL depositories. You choose one of the depositories at the time of account opening. Your Mirae Asset Sharekhan DP ID depends on which depository you have the account with.
Mirae Asset Sharekhan DP Ids for NSDL and CDSL are:
Sharekhan account can be closed by submitting an account closure form to the broker. Note that you have to submit a signed paper form to close the account. Sharekhan's account cannot be close online, by email, or by phone.
Steps for closing Sharekhan account:
Please make sure to clear all the outstanding dues and sell or transfer securities in your account before submitting an account closure request.
Mirae Asset Sharekhan is a depository participant (DP) of both NSDL and CDSL depositories. This dual membership allows Mirae Asset Sharekhan customers to choose from any one of them while opening the account.
Mirae Asset Sharekhan DP Ids
For the customer, an account with NSDL or CDSL doesn't make much difference. NSDL and CDSL are the only two governments authorized depositories in India. NSDL is promoted by NSE, IDBI and UTI. CDSL is promoted by BSE, Standard Chartered Bank, HDFC Bank and Canara Bank.
Anyone who wants to invest and trade in securities can open a Demat account and participate in the stock market. Individual investors, joint investors, companies or NRIs, all are eligible to open a demat account and trade in securities.
Sharekhan offers a variety of accounts for investors to choose from and start their journey. These accounts include Beginner First Step, Investor Classic, Active Trader Trade Tiger and HNI Advisory.
Sharekhan also offers facilities like Minor Demat Accounts and Multiple Demat Accounts that make it easier for its clients to hold securities and participate in the financial market.
Sharekhan offers its clients the possibility to access and download the profit and loss report online, which contains all the essential information useful for the calculation of taxes on trading income. This profit and loss report contains information such as date, quantity, time, script name, buy price, sell price, segment, etc.
To download this report, do the following:
The login ID is a personal identifier used to access accounts and information. The login ID can be specified in the form of letters or numbers or even a combination of letters and numbers.
When opening a new account with Sharekhan, customers receive a welcome package that contains their credentials such as login ID and password, as well as other important and necessary information.
In other cases, the following steps can be used to obtain Login ID for accessing Sharekhan account:
In many cases, when trading account holders do not actively use their account and trade with it, their account is converted into a dormant account. This also happens with Sharekhan accounts.
However, this does not mean that you can no longer use the account. You can request reactivation and have your account activated.
The account reactivation process may require you to submit KYC (Know Your Customer) documents.
You will also be required to pay a reactivation fee for reactivation.
Sharekhan account is easy to use. You can use your desktop or even your cell phone to access your account. In other cases, there are also methods to access the account and place trades.
To operate the Sharekhan account through the website, go to the Sharekhan trading portal.
To operate the Sharekhan account via cell phone, download the mobile application from the Google Playstore or App Store.
You can also use the call-and-trade feature to place trades via call.
Sharekhan has numerous franchises across India. You can also visit the nearest branch or office to help you trade.
Zerodha (Flat Rs 20 Per Trade)
Information on this page was last updated on Friday, February 16, 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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