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Compare Interactive Brokers vs Sharekhan


Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against Sharekhan!

Interactive Brokers vs Sharekhan
overall rating
4.9 / 5.0
4.3 / 5.0
overall pros
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
  • Low Trading Fees
  • Great mobile trading platform
  • Reliable customer service
overall cons
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • Funding and withdrawal only via bank transfer
  • Access to only Indian markets
  • Only bank transfer
fees
4 stars
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
3 stars
  • Low non-trading fees
  • Low stock and ETF fees
  • No withdrawal fee
  • High forex fees
  • Account fee of INR 400 after second year
account opening
3 stars
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
4 stars
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Only Indian resident and non-resident Indian can open an account
deposit and withdrawal
3 stars
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
3 stars
  • Free withdrawal
  • No deposit fee
  • Credit/Debit card not available
  • Only one account base currency
web trading platform
4 stars
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4 stars
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No clear fee report available
  • Limited customizability (for charts, workspace)
mobile trading platform
4 stars
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
5 stars
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
desktop trading platform
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Good search function
  • No clear fee report available
  • No two-step (safer) login
  • Poor design
markets and products
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
2 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Options
  • Futures
research
4 stars
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
4 stars
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Poor quality news
customer service
4 stars
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4 stars
  • Live chat
  • Available in local languages
  • Relevant telephone support in local language and pretty fast
education
5 stars
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
4 stars
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Parent company listed on stock exchange
  • No negative balance protection
recommended for Traders looking for low fees and a professional trading environment Traders and investors focusing on the Indian market
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