Questrade vs Sharekhan compared

Questrade
Sharekhan
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Fees score
    3.4
    /5
  • Markets and products score
    4.5
    /5
  • Overall score
    4.5
    /5
  • Fees score
    0.9
    /5
  • Markets and products score
    2.0
    /5
  • Overall score
    3.4
    /5
Recommended for
  • Beginners
    4
    /5
  • Equity
    4.3
    /5
  • Beginners
    2.9
    /5
You can't open an account in United States
You can't open an account in United States

Basic data of broker

Overall Score
4.5

Recommended for Traders and investors focusing on the Canadian and US markets

Overall Score
3.4

Recommended for Traders and investors focusing on the Indian market

Country of origin

Canada

Country of origin

India

Fees

Fees score
3.4
Fees score
0.9
Fees summary

Low trading and non-trading fees, low stock and ETF fees

Fees summary

Average trading fees, low non-trading fees, low stock and ETF fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.7
Deposit and withdrawal score
2.5
Number of base currencies

2

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
3.5
Account opening score
4.2
Account opening fully online
Account opening fully online
Minimum deposit
*

$1000

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1-3 days

Required documents

Proof of identity: national ID / driver's licence plus social insurance number for Canadians / tax identifier number for internationals

Required documents

Proof of identity: ID / passport / driver's license/ Aadhaar card / PAN card Proof of residency: bank statement / utility bill

Trading platform

Web platform score
3.8
Web platform score
4.0
Mobile platform score
4.8
Mobile platform score
5.0
Desktop platform score
4.3
Desktop platform score
3.3

Markets and products

Markets and products score
4.5
Markets and products score
2.0
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs
CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.8
Research score
4.3
Charting quality

Great

Charting quality

Great

Education score
4.0
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
4.8
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

CAD 1 million

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1999

Foundation date

2000

Country of regulation

Canada

Country of regulation

India

Questrade

For detailed information and hands-on experience, read our review of this broker.

Sharekhan

For detailed information and hands-on experience, read our review of this broker.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Questrade's service is slightly better than Sharekhan's and a comparison of their fees shows that Questrade's fees are much lower than Sharekhan's.

Account opening takes somewhat more effort at Questrade compared to Sharekhan, deposit and withdrawal processes are about the same quality at Questrade, while customer service quality is similar to Sharekhan's.

Our experts rated the trading platform of Questrade as being of the same quality as the platform of Sharekhan, found that clients have access to much more markets and products with Questrade, while Sharekhan provides somewhat lower-quality research and education.

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