Sharekhan
Wealthfront
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while Wealthfront was established in 2008 and is based in USA. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while Wealthfront is regulated by Unregulated among others. Sharekhan serves 1,500,000+ clients worldwide; Wealthfront has 10,000+. The minimum deposit is $0 at Sharekhan and $500 at Wealthfront.
| Feature | Sharekhan | Wealthfront |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Unregulated |
| Founded | 2000 | 2008 |
| Country | India | USA |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and Wealthfront, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Wealthfront). Both brokers charge withdrawal fees. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | Wealthfront |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while Wealthfront 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 | Wealthfront |
|---|---|---|
| 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 | iPhone,Mac,iPad,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and Wealthfront 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 | Wealthfront |
|---|---|---|
| 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 Wealthfront supports 2 (bank transfer, credit/debit card). Wealthfront uniquely supports credit/debit card among the two brokers. Wealthfront scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | Wealthfront |
|---|---|---|
| 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 Wealthfront offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and Wealthfront supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | Wealthfront |
|---|---|---|
| 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 |