Can you buy ETFs at Sharekhan?
ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at Sharekhan, and if yes, under what conditions.
ETF trading is available at Sharekhan, but you have better options when it comes to trading fees and market access. See the best choices or read on for a detailed analysis.
I've tested dozens of brokers with my analyst colleagues, including their ETF trading features. We traded ETFs at Sharekhan and were not impressed; here's why:
- Sharekhan has a below-average ETF trading score based on fees and available products.
- ETF trading fees at Sharekhan are high.
- You can invest in 130 ETFs at Sharekhan, which is below the industry average.
- Browse our top list of the best ETF brokers to find an alternative to Sharekhan.
Before we begin, let's see if Sharekhan is available in your country
Sharekhan has a below-average ETF trading score
Want to know if Sharekhan is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.
Sharekhan ended up with a pretty underwhelming ETF score of 1.5 stars . That's definitely below average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how Sharekhan stacks up against some of its closest competitors:
| Broker | ETF score |
|---|---|
| Sharekhan | 1.5 /5 |
| Zerodha | 3.7 /5 |
| Interactive Brokers | 4.8 /5 |
ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.
ETF trading fees at Sharekhan are high
Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?
Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.
ETF trading fees at Sharekhan are high.
| 💰 Sharekhan ETF trading fees class | High |
| 💰 Sharekhan withdrawal fee | $0 |
| 💰 Sharekhan minimum deposit | $0 |
| 💰 Sharekhan inactivity fee | No |
| 📃 Sharekhan deposit methods | Bank transfer |
Data updated on December 4, 2024
ETF selection at Sharekhan
Let's take a close look at the ETFs offered by Sharekhan. We want to see if their selection is good enough to meet the needs of different types of investors.
There are 130 ETFs available at Sharekhan, which is not a wide selection. This can make it more challenging to diversify your portfolio.
Check out Sharekhan in detail and browse top alternatives
Want the inside scoop on what it's really like to trade with Sharekhan? Be sure to read BrokerChooser's Sharekhan review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on Sharekhan instead of just marketing fluff.
Sharekhan is not the best option for trading ETFs; to find a better alternative, check out our top list of the best ETF brokers in your country.
Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Stock trading at Sharekhan: an expert guide and rating
- Sharekhan penny stocks trading conditions explained
- Sharekhan fractional shares trading conditions explained
- Are margin interest rates low at Sharekhan?
- Sharekhan cash interest rate
- Sharekhan ESG investing
- Sharekhan IPO accessibility
- Sharekhan Mexican stocks trading availability
- Sharekhan Australian stocks trading availability
- Sharekhan Canadian stocks trading availability
- Sharekhan Japanese stocks trading availability
- Sharekhan French stocks trading availability
- Sharekhan Italian stocks trading availability
- Sharekhan Swiss stocks trading availability
- Sharekhan Hong Kong stocks trading availability
- Sharekhan Dutch stocks trading availability
- Sharekhan Spanish stocks trading availability
- Sharekhan Singapore stocks trading availability
- Sharekhan Swedish stocks trading availability
- Sharekhan Norwegian stocks trading availability
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.
