Amscot Stockbroking
Sharekhan
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Sharekhan was established in 2000 and is based in India. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $500 at Amscot Stockbroking and $0 at Sharekhan.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 1853 | 2000 |
| Country | Austrailia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Sharekhan supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which Amscot Stockbroking does not offer. Sharekhan edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and Sharekhan compare. Sharekhan runs regular live webinars; Amscot Stockbroking does not. Sharekhan has a video library; Amscot Stockbroking does not. Sharekhan publishes daily market commentary; Amscot Stockbroking does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Amscot Stockbroking accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Amscot Stockbroking uniquely supports credit/debit card among the two brokers. Amscot Stockbroking scores higher on deposit and withdrawal flexibility.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Amscot Stockbroking and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Amscot Stockbroking | Sharekhan |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |