Charles Schwab
Sharekhan
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Charles Schwab was founded in 2010 and is headquartered in United States, while Sharekhan was established in 2000 and is based in India. Charles Schwab holds licences including Commodity Futures Trading Commission (CFTC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Charles Schwab serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $25 at Charles Schwab and $0 at Sharekhan.
| Feature | Charles Schwab | Sharekhan |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Regulation | Commodity Futures Trading Commission (CFTC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2010 | 2000 |
| Country | United States | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Charles Schwab and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $25 at Charles Schwab). Both brokers charge withdrawal fees. Charles Schwab applies inactivity fees on dormant accounts; Sharekhan does not. The two brokers are broadly comparable on fee structure.
| Feature | Charles Schwab | Sharekhan |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Charles Schwab 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.
| Feature | Charles Schwab | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,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 Charles Schwab and Sharekhan compare. Sharekhan runs regular live webinars; Charles Schwab does not. Both provide video tutorials. Sharekhan publishes daily market commentary; Charles Schwab 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 | Charles Schwab | 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. Charles Schwab accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Charles Schwab uniquely supports credit/debit card among the two brokers. Charles Schwab scores higher on deposit and withdrawal flexibility.
| Feature | Charles Schwab | 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 Charles Schwab and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Charles Schwab supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Charles Schwab | 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 |