Binance
Sharekhan
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Overview
Binance was founded in 2017 and is headquartered in Japan, while Sharekhan was established in 2000 and is based in India. Binance holds licences including Unregulated, while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Binance serves 13500000 clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $100 at Binance and $0 at Sharekhan.
| Feature | Binance | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2017 | 2000 |
| Country | Japan | India |
| Clients | 13500000 | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Binance and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Binance). Both brokers charge withdrawal fees. Binance charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Binance | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Binance offers MT4, MT5, cTrader, a proprietary platform, 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. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Binance | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Android, iPhone/iPad, Mac | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binance and Sharekhan compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Binance | Sharekhan |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Binance uniquely supports credit/debit card among the two brokers. Binance scores higher on deposit and withdrawal flexibility.
| Feature | Binance | 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 Binance and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Binance supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Binance | 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 |