Eightcap
Sharekhan
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while Sharekhan was established in 2000 and is based in India. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Eightcap serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $100 at Eightcap and $0 at Sharekhan.
| Feature | Eightcap | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2009 | 2000 |
| Country | Australia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Eightcap 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 Eightcap). Both brokers charge withdrawal fees. Eightcap applies inactivity fees on dormant accounts; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Eightcap | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Eightcap 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 | Eightcap | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, 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 Eightcap and Sharekhan compare. Sharekhan runs regular live webinars; Eightcap does not. Sharekhan has a video library; Eightcap does not. Sharekhan publishes daily market commentary; Eightcap does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); Eightcap does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Eightcap | 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. Eightcap accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Eightcap uniquely supports credit/debit card among the two brokers. Eightcap scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | 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 Eightcap and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | 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 |