The Sharekhan mobile app is one of the average-performing applications in the world of stock trading. This is because the stock broker develops a new mobile trading app whenever the rating of their mobile app drops.
Sharekhan introduces a new app for its customers rather than addressing the core problems. Trade Tiger, which is Sharekhan’s trading platform, is a respectable trading platform. Regarding trading applications, however, things are not really outstanding.
The stock broker asserts that they created a mobile trading app with their brand name at the start of 2017 that is much superior than all prior versions.
According to the most recent sources, the Best stock broker has opted to improve the existing app rather than introduce a new one.
ShareKhan Mobile Application
The ShareKhan Mobile application enables trading on the go at any time and in a variety of markets. The program supports trading on the BSE, NSE, MCX, and NCDEX, and has an intuitive user interface. Customers of Sharekhan are permitted to download and use the program to trade in stocks, currencies, futures, options, and commodities.
Regarding particular offers, ShareKhan caters to all sorts of investors. In addition to offering investments across stocks, commodities, mutual funds, bonds, and initial public offerings (IPO), the application offers a single platform for all investing and monitoring needs, as it aims to be a hassle-free application that can serve as a one-stop destination for people who do not wish to spend a great deal of time on the procedural aspects of investing.
In addition, the application provides mutual fund investments, including regular SIP deposits, free research and suggestions, and purchasing recommendations.
In addition to the aforementioned advantages, the program provides traders with an abundance of charting and measuring capabilities. The dashboard is analytical and gives a complete perspective of market fluctuations. In addition, traders may utilize the program to get real-time statistics for stocks, futures, and options when away from their desks. In addition to selling against margin, bracket orders, etc., the program also provides access to ‘Pattern Finder’ for new trading strategies.
Top Sharekhan Mobile App Functions
An application must be more succinct and dynamic than a webpage. Sharekhan has done an excellent job with their application.
Both iOS and Android systems are supported. The UI is intuitive, and market news may be obtained without difficulty.
Markets, News, and Marketwatch
Their site features a dedicated news area, while other sections offer further news coverage. Trading is very simple using the app, and MarketWatch is constantly accessible.
Live chat is an app feature that any trader would appreciate. In addition to analysis and in-depth charts, the software also offers graphs.
The application allows investors to follow investments and market news globally. The investors can follow investment data spanning fifty-two weeks.
Downloading and Authenticating the Sharekhan App
The program may be downloaded through either the dedicated app stores or the Sharekhan website link.
It has a modest file size, making it an ideal program, and downloading it is simple. As the application is user-friendly, using it would not be difficult. It is also often updated with new features.
Logging into your account is a breeze. With password remembrance, it would not be necessary to log into the account each time the program is accessed.
They may use the app’s menu to determine their needs. The application has been designed very simply to use.
The Sharekhan Mobile App’s Virtual Portfolio Section
Sharekhan is well-known for its Portfolio supply, and they have included a virtual portfolio into their mobile application. It is easily accessible from the script search page, allowing for instant access.
Additionally, the portfolio function is ideal for investors since it allows them to monitor their most recent investments.
This assists them in staying current with their updates. This makes life easier for everyone, since they no longer need to visit the website to check on their portfolios. The trading section is very straightforward.
Charting and Analysis on the Sharekhan Mobile Application
For any trader, charting and analysis become indispensable and play an essential part in market research and analysis.
The newest Sharekhan app provides consumers with a variety of in-depth visualizations. Candlestick, Retracement Line, Bollinger Band, RSI, and Moving Average are a few examples.
However, they are frequently restricted to skilled traders. The app’s designers are attempting to incorporate additional charts.
In the updated edition, the Heikin Ashi chart was included. In addition, the market analysis supplied by the application is pretty good. It is quite beneficial for portable devices.
At all other times, the website may be used to improve performance.
The Sharekhan mobile trading software has an advanced search function that allows us to look for stocks using the same characteristics as professional stock traders.
You may trade, invest, and set alerts for your investments using the Sharekhan Mobile Trading App’s extensive search function.
The option chain function of the Sharekhan mobile application is designed for traders who have invested in options or are interested in options trading.
It allows customers to track all of their options contracts on a single page, as well as view expiration dates and other pertinent information regarding their options contracts.
Monitor, Trade, and Invest
You may simply invest in NSECURR, MCXCURR, MCX, and Mutual funds using the Sharekhan mobile trading application. Some capabilities enable you to monitor your portfolios on the move.
Order Book to Track Orders
From the Order Book, you may check the progress of your trade orders. It is updated when an order is placed.
A customer’s orders to buy or sell securities are recorded in an order book. The records allow you to simply manage your account by tracking and maintaining all the relevant information in one location.
Demat Account Ownership
Demat account is a digital account formed with the assistance of a Depository Participant with a Depository. It stores your investment securities in dematerialized form, allowing you to trade securities on the stock exchange.
Demat accounts are secure, dependable, and adaptable methods for holding and managing stocks and other securities. Sharekhan allows you to examine your Demat account’s holdings at any time.
It is simple and straightforward to view and monitor all of your assets in your Sharekhan Demat account. The Demat account permits the holding of a variety of instruments, including equity shares, equities Futures & Options, commodities, and currencies.
Online Fund Transfer
Sharekhan is a well-established company that was created in 2000. It is a full-service stockbroker and the third-largest business in the brokerage industry. In addition, Sharekhan was the pioneer of internet trading in the country.
Sharekhan enables online fund transfers to facilitate all aspects of trading. It saves a great deal of time and is supported by reliable technology.
It permits the transfer of funds from your registered bank account to your trading account, as well as the purchase and sale of securities. Additionally, you can transfer funds from your trading account to your bank account.
Real-Time Quotes and Charts
Streaming quotes or real-time quotes are a feature that displays the current price of a stock or instrument. It displays the current market price for a single share of stock.
Sharekhan provides the ability to obtain live quotations for any security accessible via the Sharekhan mobile application. You may search for any stock using the search box, and the prices of companies on your watchlist are updated in real time throughout trading hours.
The Sharekhan app provides you with huge opportunities. You need just welcome it with open arms. Sharekhan enables trading at NSE, BSE, NCDEX, and MCX.
You can exchange orders across several investing categories. Sharekhan’s extensive trade search capabilities enable you to create Price Alerts for securities, so you don’t have to manually track them.
The application will inform you of any pricing changes.
Pros of the Sharekhan Mobile App
Here is a list of Sharekhan Mobile App’s amazing features:
All content on the home screen — Obtain all pertinent information on the app’s home screen. From stock market indices to portfolio screens, this is the simplest way to access everything with an one swipe.
- • The Market Watch function enables users to select a specific security, examine facts, charts at the fundamental and technical levels, as well as percentage and monetary fluctuations in the stock price. The application is directly connected to many feeds to provide stock market, commodities, and IPO-related news. In addition, a single click is sufficient for readers to obtain detailed information on certain news articles.
- The Sharekhan mobile app enables users to examine historical charts (including Line, Bar, Candlestick, and Area charts) or scripts for a certain day, week, month, or years. Additionally, the charts include tracker ball and advanced chart studies.
Cons of the Sharekhan Mobile Application
- Even the newest version of Sharekhan’s mobile app is occasionally plagued by performance issues, and customers have complained of a tiny lag in order execution and feature utilization.
- Users are required to change their passwords after every two weeks. This can at times be frustrating.
- The Sharekhan Mobile Trading App has a restricted selection of Chart kinds (such as hekinashi, double moving charts are unavailable) and provides less flexibility for technical and fundamental research.
- There have been sporadic reports of the mobile app becoming unresponsive, which can be hazardous, especially for those seeking intraday possibilities.
- The user may monitor his or her portfolio utilizing the My Portfolio part of the application.
- A few functions, such as watchlists, are not compatible with Sharekhan’s other trading platforms.
- There are a limited number of customization possibilities.
How to Configure the Sharekhan Mobile App?
The installation process for the Sharekhan mobile trading app varies based on the type of device you own. You must download the Sharekhan mobile trading app from the Google Play Store if you have an Android smartphone.
If you own an iOS-powered Apple smartphone, you can download the Sharekhan mobile trading application from the Apple App Store. The software may be downloaded for free from any app store.
After downloading the Sharekhan Mobile Trading App from the appropriate app store, you must follow the instructions below to configure your Sharekhan app.
- Select the Sharekhan icon in the app drawer to launch the application.
- To utilize the app and its capabilities, you must sign in as a trading user.
- Enter your Sharekhan Login ID, Membership Password, and trading Password in order to log in to your Sharekhan online account.
- After submitting your information, you will be prompted to create a profile with your name, email address, profile photo, etc.
- Once your profile has been created, app configuration is complete. You may now utilize the Sharekhan application’s functionalities.
Review of the Sharekhan mobile application
Initially, it can be stated that the current edition of Sharekhan is significantly superior to its prior incarnations. The stock broker has made
tremendous strides in areas such as user experience, usability, analysis, order types, and others.
However, when compared to its competitors, the application still lacks the necessary edge.
Sharekhan still has a lot of work to do on its mobile app before it can earn the confidence and affection of its customers. Before registering for a mobile app, it is advised to view a demonstration. This would offer you a sense of the many aspects of the application you would be utilizing in the future.
Sharekhan App FAQs
Here is the list of frequently asked questions regarding the Sharekhan App:
1.Ques: What is the name of the Sharekhan mobile app?
This stockbroker’s mobile application has the name “Sharekhan,” making it easy to find in the various app stores, i.e., Android and iOS.
As the app is labeled as the share market app for Sensex, NSE, BSE, and MCX, seeing market information and trading are facilitated.
2.Ques: Does Sharekhan provide an iOS App?
Ans: Yes, the app’s support is available to all smartphone users, regardless of their operating system. The software is created exclusively for iOS devices, guaranteeing that users enjoy an exceptional trading experience.
3.Ques: Is Sharekhan App available for free?
Ans: Yes, the broker provides app-based trading at no cost. Other brokerage fees and account-related expenditures remain consistent; the app is free to use.
You may visit the app store on your mobile device to immediately download the app and begin the trading procedure.
4.Ques: How do I obtain the Sharekhan app?
Ans: The Sharekhan Software may be downloaded just like any other app. Installing the Sharekhan application is free, hence the payment procedure is omitted. You may install the software by visiting the app store or the play store, searching for it, and then installing it.
5.Ques: What capabilities does the Sharekhan App have?
Ans: The Sharekhan application caters to the needs of both traders and investors. Live technical charts, a tracker ball, complex chart studies, a quicker stock refresh rate, a seamless dashboard, in-depth market statistics, multiple order placement, simple access to all instruments, investment in mutual funds, etc. are given as features.
6.Ques: Can I trade shares with the Sharekhan app?
Ans: Yes, active orders to purchase and sell shares can be placed using the Sharekhan application. One has the option of investing in either the asset class Equity Delivery or the asset class Equity Intraday. The app supports everything.
7.Ques: Is the Sharekhan Android App beneficial?
Ans: Yes, this brokerage is highly regarded on the market for the support it gives, even in the technological realm.
This consists of the application on the receiving end. The app’s current rating of 3.7 stars in the Google Play store indicates that it is a decent platform.
8.Ques: Does the Sharekhan app have EKYC?
Ans: Yes, there are several occasions in which you may be required to provide identity documents. To create a Demat account, for instance, you must complete the EKYC procedure.
Consequently, the app enables you to upload scanned copies of the papers, which will be validated as necessary.
9.Ques: Does the Sharekhan App include Tips?
Ans: Sharekhan is a full-service broker, therefore you can expect them to provide research and advising services.
The program gives a variety of data that contributes to the decision-making process, and the giving of advice is the cherry on top.
10.Ques: How to Buy Stocks Using the Sharekhan App?
Ans: To place a purchase order, you must visit the area for order placing. To make a purchase, you must enter the buy order placement area.
Provide the requested transaction data, including the scrip and sale price, and then place the buy order.