Name: Mirae Asset Sharekhan
Brand: Mirae Asset Sharekhan
Price: 0.3 INR
Availability: InStock
Rating: 3.8 (1 reviews)

Overview

Mirae Asset Sharekhan brings 29 years of pioneering online trading experience backed by the global expertise of Mirae Asset Financial Group following their November 2024 acquisition. The platform serves over 3.1 million clients across 1,100+ cities through India's most extensive branch network of 4,200+ centers offering in-person relationship manager support. Perfect for investors seeking comprehensive research recommendations across equity, futures, options, commodities and currency segments combined with hands-on guidance and educational resources. With SEBI regulation and backing from Asia's leading asset manager, Mirae Asset Sharekhan combines institutional credibility with personalized local service.

Pros

↑Extensive 4200 plus branch network across 1100 cities for in-person support
↑Comprehensive research coverage across all segments with experienced relationship managers
↑Free account opening with extensive educational resources for beginners and experienced traders

Cons

↓Higher percentage-based brokerage fees compared to discount brokers
↓Demat account annual maintenance charge of four hundred rupees from second year
↓Platform complexity may be overwhelming for completely new investors

Key Highlights

Welcome Offer
Orange Club benefits
Exclusive benefits for investors with INR 5 lakhs plus capital
Personalized platform demo from expert advisors
Priority relationship manager support
Enhanced research and trading tools access

Trading Costs
0.30% delivery 0.02% intraday
Equity delivery: 0.30% or minimum 1 paisa per share
Equity intraday: 0.02% or minimum 1 paisa per share
Futures: 0.02% per transaction value
Options: Rs 5 per lot for currency, percentage-based for equity

Assets & Markets
All major segments
NSE and BSE equity trading
Futures and options on equity indices and stocks
Currency derivatives trading
Commodity trading on MCX
Mutual funds and IPO investments
Bonds and NCDs available

Why Choose?
4200 plus branches nationwide
India's most extensive broker network with 4200 plus centers
Physical presence across 1100 plus cities
In-person support and consultation available
Local relationship managers accessible

Regulation & Safety
SEBI registered
SEBI registered stockbroker since 1995
NSE and BSE member for capital markets and derivatives
CDSL and NSDL registered depository participant
Backed by Mirae Asset Financial Group

Account Minimum
Free account opening
Zero account opening fees
Free trading account annual maintenance
Demat AMC waived for first year
No hidden charges during onboarding

Key Benefits

Trading Costs

★3.2

▼

Equity delivery: 0.30% or minimum 1 paisa per share (higher than discount brokers)
Equity intraday: 0.02% or minimum 1 paisa per share
Futures: 0.02% per transaction value
Options: Rs 5 per lot for currency
Demat AMC: Rs 400 annually from second year
No platform or account maintenance fees
Direct mutual funds: Zero commission

Platform And Tools

★4.0

▼

TradeTiger desktop platform with advanced charting built by traders who code
Sharekhan mobile app with full trading capabilities
InvesTiger app for simplified basket investing
Rohit Indicators and Option Chain analysis tools
Web platform optimized for all user types
Dial-N-Trade phone order placement
Brokerage calculator for cost estimation

Research And Analysis

★4.2

▼

Free research recommendations across all segments
Coverage includes equity, futures, options, currency and commodities
Long-term investment research and technical analysis for trading
Company overview snapshots and fundamentals
Market news updates and analysis
Educational content and market insights
29 years of market cycle experience informing recommendations

Mobile Trading

★3.8

▼

Sharekhan mobile app for iOS and Android
7MB lightweight app with essential features
Full trading capabilities across all segments
InvesTiger app for basket investing
Portfolio monitoring and market tracking
Some users report occasional technical glitches
Regular updates and improvements

Account Features

★4.1

▼

Four distinct account segments: Classic, Super Investor, Super Trader, Sharekhan One
Classic account with comprehensive onboarding for beginners
Super Trader with customized brokerage plans
Super Investor for end-to-end investment solutions
Sharekhan One for ultra-high-net-worth individuals
Margin trading facility available
Free account opening process

Security And Trust

★4.3

▼

SEBI registered stockbroker since 1995
NSE and BSE member for capital markets and derivatives
CDSL and NSDL registered depository participant
Acquired by Mirae Asset Financial Group in November 2024
Backed by Asia's leading asset manager
29 years of established track record
Client assets segregated per regulations

Customer Support

★4.4

▼

4200 plus branch network across 1100 cities
Dedicated relationship manager for personalized support
In-person consultation at local branches
Dial-N-Trade phone support for order placement
Email and in-app support channels
Educational training and workshops
Local language support available

Educational Resources

★4.0

▼

Comprehensive skill-building education modules
Online and classroom seminars and workshops
Free investor training courses
Market analysis and trading strategy guides
Investment terminology explained
Learn and Grow platform for continuous education
Options trading guidance given SEBI warnings on F&O losses

VIP Program

1Classic

▼

Volume A U M	Entry-level account for beginners No minimum capital requirement
Fee Waivers	Standard brokerage rates apply Free account opening Demat AMC waived for first year
Exclusive Tools	Comprehensive onboarding program Easy-to-use platforms Basic research access
Other Perks	Dedicated staff support Good exposure to investing Educational resources

2Super Investor

▼

Volume A U M	For investors seeking end-to-end solutions Moderate capital requirements
Fee Waivers	Competitive brokerage rates Reduced fees on select products
Exclusive Tools	Wide spectrum of products across asset classes Enhanced research access Advanced platform features
Other Perks	Products selected after exhaustive research and due diligence Relationship manager guidance Investment planning support

3Super Trader

▼

Volume A U M	For active traders with significant volume Higher monthly trading activity
Fee Waivers	Customized brokerage plans Prepaid brokerage options for cost reduction Volume-based discounts
Exclusive Tools	Tried-and-tested trading platforms Trading strategies support Advanced charting and analysis tools
Other Perks	Expert trading support from relationship managers Priority customer service Enhanced research recommendations

4Sharekhan One (Orange Club)

▼

Volume A U M	Ultra-high-net-worth individuals and affluent families Minimum INR 5 lakhs plus investment capital Corporate accounts eligible
Fee Waivers	Best available brokerage rates Negotiated fee structures Premium pricing plans
Exclusive Tools	Bespoke investment solutions Comprehensive range of tailor-made services Portfolio management services Priority platform access
Other Perks	Dedicated senior relationship manager Exclusive consultation and planning sessions Specialized wealth management services Large family office services

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	×
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	×
Basket Trading	✓
Options Strategies	✓
Smart Order Routing	×
Backtesting Capabilities	×

Detailed Information

Commission Tiers	Standard rates apply to all new accounts from May 27, 2023 Customized prepaid plans available for Super Trader segment Volume-based brokerage reductions for high-frequency traders Orange Club members receive preferential pricing
Trading Fees	Equity delivery: 0.30% of market rate or minimum 1 paisa per share Equity intraday: 0.02% of market rate or minimum 1 paisa per share Equity futures: 0.02% per transaction value Currency futures: 0.01% per transaction value Currency options: Rs 5 per lot Commodity futures: 0.02% per transaction value
Stock Etf Commission	0.30% or minimum 1 paisa per share
Options Commission	Equity options: Percentage-based Currency options: Rs 5 per lot
Futures Commission	0.02% per transaction value across equity and commodity Currency futures: 0.01% per transaction value
Financing Rates	Margin trading facility available through platform Interest rates vary based on stock and margin amount Can leverage investments by paying fraction upfront Example: Pay 25% upfront, platform finances remaining 75%
Margin Interest Rate	Competitive rates based on margin utilized
Overnight Fees	Not applicable for equity delivery MTF interest charged on margin utilized
Non Trading Fees	Account opening: Free Trading account AMC: Free Demat account AMC: Rs 400 annually (waived for first year) No inactivity fees No platform fees
Deposit Fee	0
Withdrawal Fee	No withdrawal fees for standard methods Bank transfer charges may apply
Data Feed Fees	Real-time market data included
Order Modification Fee	0
Vip Fee Tiers	Classic: Standard rates Super Investor: Competitive rates with select product discounts Super Trader: Customized prepaid plans with volume discounts Sharekhan One: Best available rates with negotiated structures

Minimum Spreads	Market standard spreads
Maximum Leverage	Intraday: Up to 5x leverage (20% margin) based on stock Margin trading facility available for delivery trades
Margin Call Level	As per SEBI and exchange regulations
Stop Out Level	Standard stop out levels apply
Negative Balance Protection	Yes
Settlement Period	T+2 for equity T+0 for intraday Varies by segment
Order Execution Quality	Direct market access through NSE and BSE Real-time order execution Trade confirmations provided Quality execution through established infrastructure

Stocks Count	5,000
Etfs Count	200
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Over 5000 stocks across NSE and BSE Complete coverage of equity derivatives Currency derivatives on major pairs Commodity trading on MCX Mutual funds across categories IPOs and corporate bonds NCDs and government securities
Geographic Market Coverage	Indian stock exchanges: NSE and BSE Complete coverage of Indian equities Access to all listed securities Index and stock derivatives
Major Markets Details	NSE Nifty 50 constituents BSE Sensex companies Mid-cap and small-cap stocks Sectoral coverage across all industries Large-cap, mid-cap, small-cap, and micro-cap stocks
Emerging Markets Details	Focus on Indian market only No international market access Comprehensive domestic market coverage
Base Currencies Supported	INR (Indian Rupees)

Trading Platforms Overview	Multiple platforms catering to different user needs TradeTiger desktop for advanced traders Sharekhan mobile app for on-the-go trading Web platform for universal access InvesTiger app for simplified investing Dial-N-Trade for phone-based trading
Desktop Platform	TradeTiger: Powerful desktop trading software Advanced charting and technical analysis tools Scanners and market depth features Options data and analysis Built by traders who code Multi-monitor support Real-time market data
Mobile App	Sharekhan app: 7MB lightweight application Available for iOS and Android Full trading capabilities across segments Portfolio monitoring and tracking Market news and updates Push notifications for price alerts InvesTiger app for basket investing
Web Platform	Browser-based trading platform Tailored for traders, investors, and beginners 29 years of continuous development No download required Features designed for informed investing Real-time quotes and market data Comprehensive research integration
Trading Tools And Features	Rohit Indicators for technical analysis Option Chain analysis tool Advanced charting capabilities Stock scanners and screeners Heat maps for market visualization Brokerage calculator Real-time market depth Order management system
Charting And Technical Analysis	Advanced charting from Insignia through pattern recognition Multiple chart types and timeframes Technical indicators and drawing tools Pattern identification and prediction Historical data analysis Candlestick patterns Trend analysis tools
Risk Management Tools	Stop-loss orders Bracket orders available Margin calculators Position monitoring Risk analytics Portfolio tracking
Order Types Available	Market orders Limit orders Stop-loss orders Bracket orders Cover orders After-market orders Good-till-cancelled BigTrade orders for large volumes
Integrations And Api Access	Limited API access Third-party tool integrations limited Focus on proprietary platforms
Third Party Platforms	Insignia pattern recognition tool Limited third-party integrations
Api Rate Limits	Not publicly available
Algo Trading Support	Limited algorithmic trading support

Customer Support Overview	4200 plus branch network across 1100 cities Dedicated relationship managers In-person consultation available Multiple support channels
Phone Support Hours	Dial-N-Trade: Available during market hours Customer support: Business hours
Live Chat Availability	In-app messaging available
Email Response Time	Within 24-48 hours
Languages Supported	English, Hindi, and regional languages
Local Office Presence	4200 plus centers across 1100 cities in India
Account Manager	Yes - Dedicated relationship manager for all segments Senior managers for Orange Club members
Educational Resources Overview	Mirae Asset Sharekhan Education platform Comprehensive skill-building modules Online and classroom seminars Investor training courses Trading strategy education
Beginner Resources	Classic account onboarding program Getting started guides Investment basics education Hand-holding for new investors
Webinars And Tutorials	Regular seminars and workshops Both online and in-person sessions Market analysis webinars Trading technique tutorials
Market Analysis And Research	Free research recommendations Daily market updates Sector analysis reports Company research coverage
Demo Account Details	Not explicitly mentioned Training and education focus instead
Trading Courses	Comprehensive education modules Beginner to advanced levels Options trading courses Technical analysis training
Tax Reporting Help	Basic tax documents provided P&L statements available

Regulation Overview	SEBI registered stockbroker since 1995 NSE and BSE member for capital markets NSE and BSE member for futures and options Member of currency derivatives segment CDSL and NSDL registered depository participant
Primary Regulator	Securities and Exchange Board of India (SEBI)
License Number	NSE Member Code: 90083 BSE Member Code: 6290 SEBI Registration Number available on website
Investor Protection Scheme	Client assets segregated per SEBI regulations Backed by Mirae Asset Financial Group Regulatory compliance and audits Investor grievance redressal mechanism
Security Features	Secure login with password protection OTP authentication for transactions Data encryption for sensitive information Regular security audits CDSL and NSDL depository safeguards Client fund segregation

Commission Tiers

Standard rates apply to all new accounts from May 27, 2023
Customized prepaid plans available for Super Trader segment
Volume-based brokerage reductions for high-frequency traders
Orange Club members receive preferential pricing

Trading Fees

Equity delivery: 0.30% of market rate or minimum 1 paisa per share
Equity intraday: 0.02% of market rate or minimum 1 paisa per share
Equity futures: 0.02% per transaction value
Currency futures: 0.01% per transaction value
Currency options: Rs 5 per lot
Commodity futures: 0.02% per transaction value

Stock Etf Commission

0.30% or minimum 1 paisa per share

Options Commission

Equity options: Percentage-based
Currency options: Rs 5 per lot

Futures Commission

0.02% per transaction value across equity and commodity
Currency futures: 0.01% per transaction value

Financing Rates

Margin trading facility available through platform
Interest rates vary based on stock and margin amount
Can leverage investments by paying fraction upfront
Example: Pay 25% upfront, platform finances remaining 75%

Margin Interest Rate

Competitive rates based on margin utilized

Overnight Fees

Not applicable for equity delivery
MTF interest charged on margin utilized

Non Trading Fees

Account opening: Free
Trading account AMC: Free
Demat account AMC: Rs 400 annually (waived for first year)
No inactivity fees
No platform fees

Deposit Fee

Withdrawal Fee

No withdrawal fees for standard methods
Bank transfer charges may apply

Data Feed Fees

Real-time market data included

Order Modification Fee

Vip Fee Tiers

Classic: Standard rates
Super Investor: Competitive rates with select product discounts
Super Trader: Customized prepaid plans with volume discounts
Sharekhan One: Best available rates with negotiated structures

Mirae Asset Sharekhan

Overview

Pros

Cons

Key Highlights

Key Benefits

VIP Program

Available Tools

Detailed Information

Related Products

Pros

Cons