B
Sharekhan logo

Sharekhan

7.6/10

tusarfx

8.3/10
5/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
1.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Sharekhan was founded in 2000 and is headquartered in India, while tusarfx was established in 2017 and is based in United States. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while tusarfx is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; tusarfx has 142,500+. The minimum deposit is $0 at Sharekhan and $250 at tusarfx.

tusarfx wins this category
FeatureSharekhantusarfx
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-F332
Founded20002017
CountryIndiaUnited States
Clients1,500,000+142,500+

Fees

Fees are a critical factor when choosing between Sharekhan and tusarfx, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $250 at tusarfx). Sharekhan charges withdrawal fees while tusarfx does not, a notable advantage for frequent withdrawers. tusarfx charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.

Sharekhan wins this category
FeatureSharekhantusarfx
Min. Deposit$0$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Sharekhan offers MT4, MT5, cTrader, while tusarfx 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
FeatureSharekhantusarfx
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 tusarfx 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.

Tied
FeatureSharekhantusarfx
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 tusarfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tusarfx uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. tusarfx scores higher on deposit and withdrawal flexibility.

tusarfx wins this category
FeatureSharekhantusarfx
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 tusarfx offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and tusarfx supports 8, giving Sharekhan broader global reach. Both brokers are comparable on support quality.

Tied
FeatureSharekhantusarfx
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