Compare Merrill Edge vs Sharekhan


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

Merrill Edge vs Sharekhan
overall rating
4.7
3.5
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Great mobile trading platform
  • Strong research
  • Reliable customer service
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Average to high trading fees
  • Only Indian markets available
  • Funding only via bank transfer
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
0.5
  • Low non-trading fees
  • No withdrawal fee
  • High trading fees
  • Not transparent fee structure
  • Account fee after one year
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Only Indian residents and non-resident Indians can open an account
deposit and withdrawal
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
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
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
5.0
  • User-friendly
  • Two-step (safer) login
  • Modern design
desktop trading platform
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
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
2.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Poor quality news
customer service
4.5
  • Phone support
  • Live chat
  • No email support
4.4
  • Live chat
  • Fast response time
  • Available in local languages
  • No 24/7 support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
3.5
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Parent company listed on stock exchange
  • No investor protection
  • No negative balance protection
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Traders and investors focusing on the Indian market
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