Sharekhan
XGLOBAL Markets
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Sharekhan serves 1,500,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $0 at Sharekhan and $500 at XGLOBAL Markets.
| Feature | Sharekhan | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2000 | 2008 |
| Country | India | Cyprus |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and XGLOBAL Markets, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. XGLOBAL Markets charges deposit fees; Sharekhan does not. Overall, Sharekhan scores higher on fees in our assessment.
| Feature | Sharekhan | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Sharekhan offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Sharekhan | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and XGLOBAL Markets compare. Sharekhan runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. Sharekhan publishes daily market commentary; XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). XGLOBAL Markets uniquely supports credit/debit card among the two brokers. XGLOBAL Markets scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and XGLOBAL Markets supports 2, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | XGLOBAL Markets |
|---|---|---|
| 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 |