Sharekhan is a full-service stockbroker that has been around for more than 3 decades in the trading space in India. Over the years, it has been known to provide solutions at multiple levels to its clients. When it comes to trading platforms, its terminal-based solution – Sharekhan TradeTiger is one of the top performing trading applications.
Among all these characteristics that define this broker, there are solutions such as Sharekhan Mini.
Sharekhan Mini is a browser-based mobile trading app designed and developed for users who reside in 3rd, 4th tier cities, towns, and villages and thus, have access to limited speed 2G or slower internet connections. For such users, trading through mainstream mobile trading applications or desktop trading softwares can be a low-performance experience since all such softwares require decent and consistent internet bandwidth at 3G and the most advanced 4G levels.
There are few other brokers who provide such solutions and it’s a win-win. Simply because, this way brokers such as Sharekhan are able to increase their client base and traders living in smaller cities get access to decent performing trading solutions, even at low internet speeds.
Talking about Sharekhan Mini specifically, let’s dig a bit deeper and talk about its different features that you can access while trading.
Sharekhan Mini Features
Here are the different features offered by Sharekhan Mini across its usage.
The below-displayed screen is for logging into the application. Make sure the browser you are using is the latest version to get an optimal view of the application. As a client of Sharekhan, you will be provided with the user id, membership and trading password combinations. Once entered, you can click on ‘Login’ to enter into the application.
This browser-based mobile application allows you to access some of the prominent features such as MarketWatch, Order page, Charts and Futures & Options etc with a Single Touch itself.
This is the home page screen of Sharekhan Mini application with a provision of features such as News, Market information, latest quotes, company information for basic fundamental analysis etc.
Sharekhan Mini allows you to trade and invest across segments such as Commodity, Equity, Derivatives along with mutual funds as well.
You can check the latest stock market news for the day that can directly or indirectly impact the stocks you look to place your orders on. Yes, the UI is not going to be that clean, but for a browser-based application, it’s not that bad. Apart from news, you also get to access the research reports and tips within this application.
You can view crucial information pieces such as 52 Week High or Low to take quick judgments on the current stock value. You also get to see percentage improvement or degradation in the stock value to see long-term (and short-term) potential of the stock.
You also have the option to access different types of charts for basic analysis within the application.
For intraday trading, you can check the top gainer and losers of the day across BSE and NSE indices.
You can also understand the Span Margin, Greeks etc. with help of Span Calculator available in this application itself.
To view complete information of a particular listed company, you can just type in the three-letter scrip and press ‘Go’. Once you do that, you will be able to view pertinent information pieces and technical numbers in length.
Finally, to top it all, you can transfer funds in and out of your trading account and bank account for your trading and other investment accounts.
Sharekhan Mini Advantages
Here are some of the positives of using Sharekhan Mini as your trading application:
Works at a decent speed even at 2G internet connection speed.
Optimal for traders living in small cities or villages.
Fund transfers allowed in and out of your trading account.
The application does not require you to use a high-performance mobile phone, even a basic smartphone is good enough in order to use this application.
Sharekhan Mini works across different OS platforms including Android, iOS, Windows, and Blackberry.
Sharekhan Mini Disadvantages
At the same time, there are few concerns about using this as well:
Sharekhan mini offers a limited number of features since its a basic trading application
The overall UI (design) and user experience can be improved
Although it is a decent solution in terms of speed at low internet connections, it certainly is nowhere close to the speed of a mobile trading application.
If you are looking to open an account, you can provide your details in the form below: