Bulbrokers
Sharekhan
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Sharekhan was established in 2000 and is based in India. Bulbrokers holds licences including Financial Services Authority (FSA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Bulbrokers serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $100 at Bulbrokers and $0 at Sharekhan.
| Feature | Bulbrokers | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Services Authority (FSA) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2000 | 2000 |
| Country | Bulgaria | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers 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 Bulbrokers). Sharekhan charges withdrawal fees while Bulbrokers does not, giving Bulbrokers an edge for frequent withdrawers. Bulbrokers applies inactivity fees on dormant accounts; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Bulbrokers | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers 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 Bulbrokers does not offer. Sharekhan edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | Sharekhan |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and Sharekhan compare. Sharekhan runs regular live webinars; Bulbrokers does not. Sharekhan has a video library; Bulbrokers does not. Sharekhan publishes daily market commentary; Bulbrokers does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Bulbrokers | 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. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Bulbrokers uniquely supports credit/debit card among the two brokers. Bulbrokers scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | 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 Bulbrokers and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | 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 |