Non-trading fees at Sharekhan

My key findings in a nutshell

My key findings in a nutshell

Gyula Lencsés, CFA

Stock Market Maestro | Stock Market • Investment • Market Analysis

I’ve been a professional stock trader for more than a decade, investing into equities, ETFs and many other asset types in my capacity as a pension fund and investment fund manager. When it comes to equities, I prefer value-based fundamental long-term investment over short-term trading.

Learn about our methodology

Gyula Lencsés, CFA

Stock Market Maestro | Stock Market • Investment • Market Analysis

I've thoroughly tested Sharekhan services with our analyst team by opening a real-money account and these are my most important findings:

• Non-trading fees at Sharekhan are considered to be low overall
• Apart from trading fees, online brokerages usually charge non-trading fees as well
• Inactivity and custody fees are the most important non-trading fees for long-term stock investors

We collected all the non-trading fees charged by Sharekhan in the table below:

Data updated on October 10, 2023

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

Of all aspects of investing, broker fees are among the most important but also among the most difficult to figure out. Trading commissions (or their absence at many brokers) usually make the headlines, but there are other costs that may be a bit more hidden yet equally painful. As a long-term stock investor, you should keep an eye on the following so-called non-trading fees:

• Inactivity fees are levied by some brokers if you fail to use your account for a longer period; it's usually just a small monthly fee but can be excessive at some brokers
• A custody fee is charged by some brokers for holding your stocks, bonds or ETFs; it is typically just a tiny percentage of the value of your holdings

There are other non-trading fees of slightly lesser importance for long-term investors, such as conversion fees (if your account and an asset you're trading are in a different currency), or withdrawal fees (to be paid when you withdraw money from your account). And luckily, you'll rarely encounter account fees (for simply keeping your account) or deposit fees (for placing money into your account) any more.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.