Blitzbrokers
Sharekhan
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while Sharekhan was established in 2000 and is based in India. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Blitzbrokers serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $1 at Blitzbrokers and $0 at Sharekhan.
| Feature | Blitzbrokers | Sharekhan |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Regulation | Securities and Futures Commission (SFC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 1982 | 2000 |
| Country | Hong Kong | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Blitzbrokers). Sharekhan charges withdrawal fees while Blitzbrokers does not, giving Blitzbrokers an edge for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | Blitzbrokers | Sharekhan |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Blitzbrokers offers 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. Sharekhan edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | Sharekhan |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and Sharekhan compare. Sharekhan runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. Sharekhan publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Blitzbrokers | Sharekhan |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Blitzbrokers uniquely supports credit/debit card among the two brokers. Blitzbrokers scores higher on deposit and withdrawal flexibility.
| Feature | Blitzbrokers | 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 Blitzbrokers and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | 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 |