Sharekhan
Teletrade
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while Teletrade was established in 2008 and is based in Cyprus. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Sharekhan serves 1,500,000+ clients worldwide; Teletrade has 50,000+. The minimum deposit is $0 at Sharekhan and $100 at Teletrade.
| Feature | Sharekhan | Teletrade |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2000 | 2008 |
| Country | India | Cyprus |
| Clients | 1,500,000+ | 50,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and Teletrade, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Teletrade). Sharekhan charges withdrawal fees while Teletrade does not, a notable advantage for frequent withdrawers. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | Teletrade |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while Teletrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which Teletrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Sharekhan | Teletrade |
|---|---|---|
| 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, Web Trader, Tablet & Mobile apps (Ios & Android) |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and Teletrade 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 | Teletrade |
|---|---|---|
| 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 Teletrade supports 2 (Skrill, Neteller). Sharekhan uniquely supports bank transfer among the two brokers. Teletrade uniquely supports Skrill and Neteller among the two brokers. Teletrade scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | Teletrade |
|---|---|---|
| Bank Transfer | Yes | No |
| Credit Card | No | No |
| 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 Teletrade offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and Teletrade supports 15, giving Teletrade broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | Teletrade |
|---|---|---|
| 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, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |