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Sharekhan logo

Sharekhan

7.6/10

the share centre

7.4/10
5/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
1.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Sharekhan was founded in 2000 and is headquartered in India, while the share centre was established in 2019 and is based in Bulgaria. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while the share centre is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $0 at Sharekhan and $250 at the share centre.

Sharekhan wins this category
FeatureSharekhanthe share centre
Min. Deposit$0$250
RegulationSecurities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial 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-F322
Founded20002019
CountryIndiaBulgaria
Clients1,500,000+60,000+

Fees

Fees are a critical factor when choosing between Sharekhan and the share centre, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $250 at the share centre). Both brokers charge withdrawal fees. the share centre applies inactivity fees on dormant accounts; Sharekhan does not. the share centre charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.

Sharekhan wins this category
FeatureSharekhanthe share centre
Min. Deposit$0$250
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Sharekhan offers MT4, MT5, cTrader, while the share centre 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.

Tied
FeatureSharekhanthe share centre
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, Tablet & Mobile appsMT4, 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 the share centre compare. Sharekhan runs regular live webinars; the share centre does not. Both provide video tutorials. Sharekhan publishes daily market commentary; the share centre 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.

Sharekhan wins this category
FeatureSharekhanthe share centre
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.

the share centre wins this category
FeatureSharekhanthe share centre
Bank TransferYesYes
Credit CardNoYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Sharekhan and the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and the share centre supports 8, giving Sharekhan broader global reach. Both brokers are comparable on support quality.

Tied
FeatureSharekhanthe share centre
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, TurkceEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic