fxgrow
Sharekhan
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Overview
fxgrow was founded in 2014 and is headquartered in USA, while Sharekhan was established in 2000 and is based in India. fxgrow holds licences including Financial Conduct Authority (FCA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. fxgrow serves 3,500,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $250 at fxgrow and $0 at Sharekhan.
| Feature | fxgrow | 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-F245 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2014 | 2000 |
| Country | USA | India |
| Clients | 3,500,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between fxgrow 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 fxgrow). Sharekhan charges withdrawal fees while fxgrow does not, giving fxgrow an edge for frequent withdrawers. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | fxgrow | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
fxgrow offers 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. Sharekhan edges ahead on platform breadth and functionality in our scoring.
| Feature | fxgrow | Sharekhan |
|---|---|---|
| MT4 | No | 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 fxgrow and Sharekhan compare. Sharekhan runs regular live webinars; fxgrow does not. Sharekhan has a video library; fxgrow does not. Sharekhan publishes daily market commentary; fxgrow does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); fxgrow does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | fxgrow | 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. fxgrow accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Sharekhan supports 1 (bank transfer). fxgrow uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. fxgrow scores higher on deposit and withdrawal flexibility.
| Feature | fxgrow | 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 fxgrow and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. fxgrow supports 8 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | fxgrow | 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 |