Sharekhan
XTB
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while XTB was established in 2002 and is based in Poland. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while XTB is regulated by Financial Conduct Authority (FCA) among others. Sharekhan serves 1,500,000+ clients worldwide; XTB has 250,000+. Both brokers share the same minimum deposit of $0.
| Feature | Sharekhan | XTB |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Founded | 2000 | 2002 |
| Country | India | Poland |
| Clients | 1,500,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and XTB, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Sharekhan | XTB |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while XTB 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 | XTB |
|---|---|---|
| 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, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and XTB 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 | XTB |
|---|---|---|
| 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 XTB supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). XTB uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. XTB scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | XTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Sharekhan and XTB offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan supports 13 languages and XTB supports 12, giving Sharekhan broader global reach. Both brokers are comparable on support quality.
| Feature | Sharekhan | XTB |
|---|---|---|
| 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, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |