Etrade
Sharekhan
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Overview
Etrade was founded in 2012 and is headquartered in United States, while Sharekhan was established in 2000 and is based in India. Etrade holds licences including Securities and Exchange Commission (SEC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Etrade serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $100 at Etrade and $0 at Sharekhan.
| Feature | Etrade | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2012 | 2000 |
| Country | United States | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Etrade 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 Etrade). Sharekhan charges withdrawal fees while Etrade does not, giving Etrade an edge for frequent withdrawers. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Etrade | Sharekhan |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Etrade 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 | Etrade | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Etrade 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 | Etrade | 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. Etrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Etrade uniquely supports credit/debit card among the two brokers. Etrade scores higher on deposit and withdrawal flexibility.
| Feature | Etrade | 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 Etrade and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Etrade supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Etrade | 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 |