Sharekhan
SpreadCo
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while SpreadCo was established in 2005 and is based in London. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $0 at Sharekhan and $100 at SpreadCo.
| Feature | Sharekhan | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA) |
| Founded | 2000 | 2005 |
| Country | India | London |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and SpreadCo, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $100 at SpreadCo). Both brokers charge withdrawal fees. SpreadCo charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | SpreadCo |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while SpreadCo 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 | Sharekhan | SpreadCo |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, 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 Sharekhan and SpreadCo compare. Sharekhan runs regular live webinars; SpreadCo does not. Both provide video tutorials. Sharekhan publishes daily market commentary; SpreadCo 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 | Sharekhan | SpreadCo |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Sharekhan accepts 1 of the tracked payment methods (bank transfer), while SpreadCo supports 2 (bank transfer, credit/debit card). SpreadCo uniquely supports credit/debit card among the two brokers. SpreadCo scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | SpreadCo |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| 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 Sharekhan and SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and SpreadCo supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, and Chinese |