B

GKFX

7/10
Sharekhan logo

Sharekhan

7.6/10
7/10WinnerRegulation5/10
8/10FeesWinner10/10
9/10PlatformsTied9/10
6/10Education & ResearchWinner10/10
4/10WinnerDeposits & Withdrawals1.5/10
10/10SupportTied10/10

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Overview

GKFX was founded in 2010 and is headquartered in UK, while Sharekhan was established in 2000 and is based in India. GKFX holds licences including Financial Conduct Authority (FCA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. GKFX serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $20 at GKFX and $0 at Sharekhan.

Sharekhan wins this category
FeatureGKFXSharekhan
Min. Deposit$20$0
RegulationFinancial Conduct Authority (FCA)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
Founded20102000
CountryUKIndia
Clients10,000+1,500,000+

Fees

Fees are a critical factor when choosing between GKFX and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $20 at GKFX). Both brokers charge withdrawal fees. GKFX applies inactivity fees on dormant accounts; Sharekhan does not. GKFX charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.

Sharekhan wins this category
FeatureGKFXSharekhan
Min. Deposit$20$0
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

GKFX 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.

Tied
FeatureGKFXSharekhan
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Tablet & Mobile appsWeb Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how GKFX 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.

Sharekhan wins this category
FeatureGKFXSharekhan
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. GKFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). GKFX uniquely supports credit/debit card among the two brokers. GKFX scores higher on deposit and withdrawal flexibility.

GKFX wins this category
FeatureGKFXSharekhan
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both GKFX and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. GKFX supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.

Tied
FeatureGKFXSharekhan
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce