multibank exchange group
Sharekhan
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Overview
multibank exchange group was founded in 2015 and is headquartered in Cyprus, while Sharekhan was established in 2000 and is based in India. multibank exchange group holds licences including Financial Conduct Authority (FCA), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. multibank exchange group serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $250 at multibank exchange group and $0 at Sharekhan.
| Feature | multibank exchange group | 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-F282 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2015 | 2000 |
| Country | Cyprus | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between multibank exchange group 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 multibank exchange group). Sharekhan charges withdrawal fees while multibank exchange group does not, giving multibank exchange group an edge for frequent withdrawers. multibank exchange group charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | multibank exchange group | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
multibank exchange group 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 | multibank exchange group | 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 multibank exchange group and Sharekhan compare. Sharekhan runs regular live webinars; multibank exchange group does not. Both provide video tutorials. Sharekhan publishes daily market commentary; multibank exchange group 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 | multibank exchange group | 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. multibank exchange group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Sharekhan supports 1 (bank transfer). multibank exchange group uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. multibank exchange group scores higher on deposit and withdrawal flexibility.
| Feature | multibank exchange group | 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 multibank exchange group and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. multibank exchange group supports 8 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | multibank exchange group | 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 |