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Sharekhan app Review 2024

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
Jun 2024
Personally tested
Data-driven
Independent

Sharekhan app

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this article we'll check whether Sharekhan's mobile app ticks all the boxes.

Overall, we rate the user-friendliness of the app as better than average.

Sharekhan mobile app vs. similar brokers
Mobile app rating (5 is the best)
5.0 stars 4.3 stars 4.3 stars
User-friendliness
Great Great Great
2-step authentication
Yes No Yes
Biometric authentication
No Yes Yes

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We're going to take a closer look at search functions, price alerts and order types, so all the little details that determine whether a trading app is user-friendly or downright cumbersome. If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the Sharekhan review.

Sharekhan app

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Overall score
3.3/5
Minimum deposit
$0
Stock fee
High
Inactivity fee
no
Account opening
1-3 days

Our main checklist for the Sharekhan app

Let's start with the search functions. Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

Sharekhan got the green light, meaning its search functions are reasonably good.

Sharekhan checklist
Search functions
Great Mid-range Great
2-step authentication
Yes No Yes
Biometric authentication
No Yes Yes
Price alerts in the app
Yes Yes No
Confirmation after successful trade
Yes Yes Yes

We didn't like that you can't use biometric authentication to log in to the app. Most brokers have this function (e.g. via fingerprints or FaceID) to save you from having to type in your password every time, making it a convenient feature.

Sharekhan app search functions

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Checklist for nice-to-have features

For some people it might be a deal-breaker if you can't set up a trailing stop limit - we totally get that. Others couldn't care less and also don't get excited if the app is available in 25 languages. Anyway, here is our checklist of minor, nice-to-have features:

Sharekhan has these order types available in its app: Market, Limit, Stop-loss, Bracket, Bracket and Trailing.

At Sharekhan you can use the following order terms & expiry in the app: Good 'til day (GTD), Good 'til time (GTT).

The Sharekhan mobile app currently supports the following languages: English.

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The BC Award-winning brokers

Still unsure about your broker selection? Click here to see which free stock trading apps are the best.

Or you could take a peek at the best trading platform awards we gave to brokers serving European clients.

If you're not in the US or the EU you'll find this award the most interesting.

Let us know what you think in the comments section.

If you would like a tailored recommendation you can use our broker finder tool, or you can learn more about investing your money.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Gyula Lencsés, CFA
Author of this article
Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.
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