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
4.8
4.4
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Low Trading Fees
  • Great mobile trading platform
  • Reliable customer service
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Access to only Indian markets
  • Only bank transfer
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
3.6
  • 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
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Only Indian resident and non-resident Indian 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
  • Limited order types
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
  • 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
  • Available in local languages
  • Relevant telephone support in local language and pretty fast
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 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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