Anyone using sharekhan? Whats your experience with them and how expensive are they?
I am using Sharekhan. I am with them for last 8 years. I had a wonderful RM with me and he gave me good brokerage rates at that time. But still as compared to Discount Brokers they are quite expensive.
I have to shell out Rs. 30 per lot on Options each side. Brokerage for Futures for me is 0.01% , so again that is on the higher side.
Their terminal is a Hardy Boy. Quite User Friendly and has lot of features, so much so that I have not been able to explore them all.
Just because of their Brokerage inflexibility, I use them in a very limited manner. I do not touch Options with them as they do not allow Selling of Options as first leg to Retail Traders. Seems a very big drawback.