Sharekhan
stforex
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while stforex was established in 2019 and is based in Portugal. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while stforex is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; stforex has 14,000+. The minimum deposit is $0 at Sharekhan and $250 at stforex.
| Feature | Sharekhan | stforex |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | 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-F310 |
| Founded | 2000 | 2019 |
| Country | India | Portugal |
| Clients | 1,500,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and stforex, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $250 at stforex). Both brokers charge withdrawal fees. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | stforex |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while stforex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which stforex does not offer. The two brokers are closely matched on platform offering.
| Feature | Sharekhan | stforex |
|---|---|---|
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and stforex 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. Sharekhan scores higher overall in education and research.
| Feature | Sharekhan | stforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 stforex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). stforex uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. stforex scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | stforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| 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 stforex offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and stforex supports 8, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | stforex |
|---|---|---|
| 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, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |