Sharekhan
Xtrade
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Overview
Sharekhan was founded in 2000 and is headquartered in India, while Xtrade was established in 2003 and is based in Australia. Sharekhan holds licences including Securities and Exchange Board of India (SEBI), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Sharekhan serves 1,500,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $0 at Sharekhan and $1 at Xtrade.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2000 | 2003 |
| Country | India | Australia |
| Clients | 1,500,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Sharekhan and Xtrade, directly affecting your bottom line as a trader. Sharekhan has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Xtrade). Sharekhan charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. Xtrade charges deposit fees; Sharekhan does not. The two brokers are broadly comparable on fee structure.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Sharekhan offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Sharekhan supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Sharekhan and Xtrade compare. Sharekhan runs regular live webinars; Xtrade does not. Sharekhan has a video library; Xtrade does not. Sharekhan publishes daily market commentary; Xtrade does not. Sharekhan integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. Sharekhan maintains an archive of past webinars for on-demand viewing. Sharekhan scores higher overall in education and research.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Sharekhan uniquely supports bank transfer among the two brokers. Sharekhan scores higher on deposit and withdrawal flexibility.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | No | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Sharekhan and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Sharekhan offers multilingual support. Both brokers are comparable on support quality.
| Feature | Sharekhan | Xtrade |
|---|---|---|
| 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 | Not available |