Sharekhan
ThinkMarkets
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. Sharekhan serves 1,500,000+ clients worldwide; ThinkMarkets has 475,000+. Both brokers share the same minimum deposit of $0.
| Feature | Sharekhan | ThinkMarkets |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles |
| Founded | 2000 | 2010 |
| Country | India | Australia & United Kingdom |
| Clients | 1,500,000+ | 475,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and ThinkMarkets, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Sharekhan charges withdrawal fees while ThinkMarkets does not, a notable advantage for frequent withdrawers. ThinkMarkets applies inactivity fees on dormant accounts; Sharekhan does not. The two brokers are broadly comparable on fee structure.
| Feature | Sharekhan | ThinkMarkets |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while ThinkMarkets supports MT4, MT5, a proprietary platform. Sharekhan offers a mobile trading app; mobile availability for ThinkMarkets 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 | ThinkMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5 and ThinkTrader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and ThinkMarkets 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 | ThinkMarkets |
|---|---|---|
| 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 ThinkMarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ThinkMarkets uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | ThinkMarkets |
|---|---|---|
| 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 ThinkMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 13 languages. Both brokers are comparable on support quality.
| Feature | Sharekhan | ThinkMarkets |
|---|---|---|
| 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, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese |