Nadex
Sharekhan
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Overview
Nadex was founded in 2008 and is headquartered in USA, while Sharekhan was established in 2000 and is based in India. Nadex holds licences including Unregulated, while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. Nadex serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $250 at Nadex and $0 at Sharekhan.
| Feature | Nadex | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Unregulated | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2008 | 2000 |
| Country | USA | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Nadex 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 Nadex). Sharekhan charges withdrawal fees while Nadex does not, giving Nadex an edge for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Nadex | Sharekhan |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Nadex 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 | Nadex | Sharekhan |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web,iPad,mac,Desktop,iPhoneiOS | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Nadex and Sharekhan compare. Sharekhan runs regular live webinars; Nadex does not. Sharekhan has a video library; Nadex does not. Sharekhan publishes daily market commentary; Nadex does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); Nadex does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Nadex | 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. Nadex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Sharekhan supports 1 (bank transfer). Nadex uniquely supports credit/debit card among the two brokers. Nadex scores higher on deposit and withdrawal flexibility.
| Feature | Nadex | 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 Nadex and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Nadex supports 2 languages and Sharekhan supports 13, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Nadex | 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 |