Sharekhan
Virtual Brokers
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while Virtual Brokers was established in 2008 and is based in Canada. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. Sharekhan serves 1,500,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $0 at Sharekhan and $1000 at Virtual Brokers.
| Feature | Sharekhan | Virtual Brokers |
|---|---|---|
| Min. Deposit | $0 | $1000 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) |
| Founded | 2000 | 2008 |
| Country | India | Canada |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and Virtual Brokers, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Virtual Brokers). Both brokers charge withdrawal fees. Virtual Brokers charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | Virtual Brokers |
|---|---|---|
| Min. Deposit | $0 | $1000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Sharekhan offers MT4, MT5, cTrader, while Virtual Brokers 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 | Virtual Brokers |
|---|---|---|
| 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,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and Virtual Brokers 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 | Virtual Brokers |
|---|---|---|
| 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 Virtual Brokers supports 2 (bank transfer, credit/debit card). Virtual Brokers uniquely supports credit/debit card among the two brokers. Virtual Brokers scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | Virtual Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Sharekhan and Virtual Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and Virtual Brokers supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | Virtual Brokers |
|---|---|---|
| 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, and Chinese |