Sharekhan Review 2021

Sharekhan is broker that provides access to Forex, Stocks, Futures and Options. Surprisingly, Sharekhan does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Sharekhan has Signals but is missing Demo Accounts, Islamic Accounts, Social Trading and Auto Trading.

Sharekhan is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

Sharekhan Summary

Ratings

30%
Trust
66%
Instruments
14%
Features
BonusNone
InstrumentsForex, Stocks, Futures, Options
Demo Account
Min. Deposit$0
Min. Trade0.01 lots
Regulated BySEBI
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Forex Trading

GBPUSD SpreadN/A
EURUSD SpreadN/A
EURGBP SpreadN/A
Assets6

Payment Methods

Sharekhan accepts the following payment methods:

  • Wire Transfer
Risk Warning – Your capital is at risk

FAQ

Is Sharekhan Safe?

In our review we gave Sharekhan a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Sharekhan is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Sharekhan Accept PayPal?

No, Sharekhan does not accept PayPal payments.

Is Sharekhan Halal?

Probably not, as Sharekhan does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Sharekhan Regulated?

Yes, Sharekhan is regulated by SEBI.

The fact that Sharekhan is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

Sharekhan vs Other Brokers

If you want to compare Sharekhan with other brokers, use the detailed comparisons below.

Sharekhan vs