Sharekhan
Startrader
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Sharekhan was founded in 2000 and is headquartered in India, while Startrader was established in 2011 and is based in Hong Kong. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while Startrader is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $0 at Sharekhan and $50 at Startrader.
| Feature | Sharekhan | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2000 | 2011 |
| Country | India | Hong Kong |
| Clients | 1,500,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Sharekhan and Startrader, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $50 at Startrader). Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Sharekhan | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Sharekhan offers a mobile trading app; mobile availability for Startrader is limited. 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 | Sharekhan | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and Startrader compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Sharekhan | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports credit/debit card and Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Sharekhan and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and Startrader supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | Startrader |
|---|---|---|
| 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, Chinese |