NordFX
Sharekhan
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Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while Sharekhan was established in 2000 and is based in India. NordFX holds licences including VFSC (15008), while Sharekhan is regulated by Securities and Exchange Board of India (SEBI) among others. NordFX serves 10,000+ clients worldwide; Sharekhan has 1,500,000+. The minimum deposit is $10 at NordFX and $0 at Sharekhan.
| Feature | NordFX | Sharekhan |
|---|---|---|
| Min. Deposit | $10 | $0 |
| Regulation | VFSC (15008) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2008 | 2000 |
| Country | Mauritius | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between NordFX and Sharekhan, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $10 at NordFX). Sharekhan charges withdrawal fees while NordFX does not, giving NordFX an edge for frequent withdrawers. NordFX applies inactivity fees on dormant accounts; Sharekhan does not. The two brokers are broadly comparable on fee structure.
| Feature | NordFX | Sharekhan |
|---|---|---|
| Min. Deposit | $10 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
NordFX offers MT4, MT5, 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 | NordFX | Sharekhan |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, 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 NordFX and Sharekhan compare. Sharekhan runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Sharekhan publishes daily market commentary; NordFX does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); NordFX does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | NordFX | Sharekhan |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | 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. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Sharekhan supports 1 (bank transfer). NordFX uniquely supports credit/debit card and Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | Sharekhan |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | 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 NordFX and Sharekhan offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 13 languages. Both brokers are comparable on support quality.
| Feature | NordFX | Sharekhan |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |