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AxiTrader

7.4/10
Sharekhan logo

Sharekhan

7.6/10
10/10WinnerRegulation5/10
10/10FeesTied10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
6/10WinnerDeposits & Withdrawals1.5/10
10/10SupportTied10/10

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Overview

AxiTrader was founded in 2007 and is headquartered in Australia, while Sharekhan was established in 2000 and is based in India. AxiTrader holds licences including Financial Conduct Authority (FCA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. AxiTrader serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. Both brokers share the same minimum deposit of $0.

Sharekhan wins this category
FeatureAxiTraderSharekhan
Min. Deposit$0$0
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
Founded20072000
CountryAustraliaIndia
Clients10,000+1,500,000+

Fees

Fees are a critical factor when choosing between AxiTrader and Sharekhan, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Both brokers charge withdrawal fees. AxiTrader charges deposit fees; Sharekhan does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAxiTraderSharekhan
Min. Deposit$0$0
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

AxiTrader offers MT4, MT5, cTrader, while Sharekhan supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureAxiTraderSharekhan
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsWeb Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Sharekhan compare. Sharekhan runs regular live webinars; AxiTrader does not. Sharekhan has a video library; AxiTrader does not. Sharekhan publishes daily market commentary; AxiTrader does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); AxiTrader does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.

Sharekhan wins this category
FeatureAxiTraderSharekhan
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Sharekhan supports 1 (bank transfer). AxiTrader uniquely supports credit/debit card and Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.

AxiTrader wins this category
FeatureAxiTraderSharekhan
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAxiTraderSharekhan
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and ArabicEnglish, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce