Sharekhan
VPE Bank
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while VPE Bank was established in 2008 and is based in Germany. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Sharekhan serves 1,500,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $0 at Sharekhan and $5000 at VPE Bank.
| Feature | Sharekhan | VPE Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2000 | 2008 |
| Country | India | Germany |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and VPE Bank, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at VPE Bank). Both brokers charge withdrawal fees. VPE Bank applies inactivity fees on dormant accounts; Sharekhan does not. VPE Bank charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | VPE Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while VPE Bank 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 | VPE Bank |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and VPE Bank 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 | VPE Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 VPE Bank supports 2 (bank transfer, credit/debit card). VPE Bank uniquely supports credit/debit card among the two brokers. VPE Bank scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | VPE Bank |
|---|---|---|
| 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 VPE Bank offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and VPE Bank supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | VPE Bank |
|---|---|---|
| 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 |