forex4you
Sharekhan
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Overview
forex4you was founded in 2020 and is headquartered in UK, while Sharekhan was established in 2000 and is based in India. forex4you holds licences including Financial Conduct Authority (FCA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. forex4you serves 142,500+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $250 at forex4you and $0 at Sharekhan.
| Feature | forex4you | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F227 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2020 | 2000 |
| Country | UK | India |
| Clients | 142,500+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between forex4you and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $250 at forex4you). Sharekhan charges withdrawal fees while forex4you does not, giving forex4you an edge for frequent withdrawers. forex4you applies inactivity fees on dormant accounts; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | forex4you | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
forex4you 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 | forex4you | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 forex4you and Sharekhan compare. Sharekhan runs regular live webinars; forex4you does not. Sharekhan has a video library; forex4you does not. Sharekhan publishes daily market commentary; forex4you does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); forex4you does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | forex4you | 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. forex4you accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Sharekhan supports 1 (bank transfer). forex4you uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. forex4you scores higher on deposit and withdrawal flexibility.
| Feature | forex4you | Sharekhan |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both forex4you and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. forex4you supports 8 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | forex4you | Sharekhan |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |