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
4.3
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
  • High inactivity fee
  • Access to only Indian markets
  • Only bank transfer
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
3.1
  • 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
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Only Indian resident and non-resident Indian can open an account
deposit and withdrawal
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
2.5
  • Free withdrawal
  • No deposit fee
  • Credit/Debit card not available
  • Only one account base currency
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No clear fee report available
  • Limited customizability (for charts, workspace)
mobile trading platform
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
5.0
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
3.3
  • 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
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
2.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Options
  • Futures
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Poor quality news
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.4
  • Live chat
  • Available in local languages
  • Relevant telephone support in local language and pretty fast
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
3.5
  • 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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