Ingot Brokers
Sharekhan
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Sharekhan was established in 2000 and is based in India. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Ingot Brokers serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $1000 at Ingot Brokers and $0 at Sharekhan.
| Feature | Ingot Brokers | Sharekhan |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2004 | 2000 |
| Country | Australia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Ingot Brokers). Sharekhan charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Ingot Brokers | Sharekhan |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Sharekhan supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | 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 Ingot Brokers and Sharekhan compare. Sharekhan runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Sharekhan publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Ingot Brokers | Sharekhan |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ingot Brokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Ingot Brokers uniquely supports credit/debit card among the two brokers. Ingot Brokers scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | 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 Ingot Brokers and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | 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 |