Sharekhan
traders way
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while traders way was established in 2012 and is based in Grenadines. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while traders way is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $0 at Sharekhan and $250 at traders way.
| Feature | Sharekhan | traders way |
|---|---|---|
| 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-F327 |
| Founded | 2000 | 2012 |
| Country | India | Grenadines |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and traders way, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $250 at traders way). Both brokers charge withdrawal fees. traders way charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | traders way |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Sharekhan offers MT4, MT5, cTrader, while traders way 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.
| Feature | Sharekhan | traders way |
|---|---|---|
| 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 traders way compare. Sharekhan runs regular live webinars; traders way does not. Both provide video tutorials. Sharekhan publishes daily market commentary; traders way 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.
| Feature | Sharekhan | traders way |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). traders way uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. traders way scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | traders way |
|---|---|---|
| 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 traders way offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and traders way supports 8, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | traders way |
|---|---|---|
| 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 |