Commonwealth Securities
Sharekhan
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Sharekhan was established in 2000 and is based in India. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Commonwealth Securities serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $5000 at Commonwealth Securities and $0 at Sharekhan.
| Feature | Commonwealth Securities | Sharekhan |
|---|---|---|
| Min. Deposit | $5000 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 1999 | 2000 |
| Country | Australia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Commonwealth Securities and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at Commonwealth Securities). Sharekhan charges withdrawal fees while Commonwealth Securities does not, giving Commonwealth Securities an edge for frequent withdrawers. Commonwealth Securities charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Commonwealth Securities | Sharekhan |
|---|---|---|
| Min. Deposit | $5000 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Commonwealth Securities 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 | Commonwealth Securities | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities 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. Sharekhan scores higher overall in education and research.
| Feature | Commonwealth Securities | Sharekhan |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Commonwealth Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Commonwealth Securities uniquely supports credit/debit card among the two brokers. Commonwealth Securities scores higher on deposit and withdrawal flexibility.
| Feature | Commonwealth Securities | 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 Commonwealth Securities and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Commonwealth Securities supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Commonwealth Securities | 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 |