Basic data of broker
Recommended for Forex traders looking for low fees and those who prefer the MetaTrader 4 trading platform
Recommended for Traders and investors focusing on the Indian market
Japan
India
Fees
Low trading fees, average non-trading fees, low forex and CFD fees
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
4
1
Deposit type
Withdrawal type
Account opening
$50
$0
1 day
1-3 days
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: ID / passport / driver's license/ Aadhaar card / PAN card Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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
Mid-range
Great
Customer service
Security
No investor protection
No investor protection
No investor protection
No investor protection
1999
2000
Australia
India
For detailed information and hands-on experience, read our review of this broker.
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.
Rakuten Securities's service is slightly better than Sharekhan's and a comparison of their fees shows that Rakuten Securities's fees are much lower than Sharekhan's.
Account opening takes somewhat less effort at Rakuten Securities compared to Sharekhan, deposit and withdrawal processes are more seamless at Rakuten Securities, while customer service quality is similar to Sharekhan's.
Our experts rated the trading platform of Rakuten Securities as somewhat worse than the platform of Sharekhan, found that clients have access to slightly less markets and products with Rakuten Securities, while Sharekhan provides excellent research and education.
More alternatives to Rakuten Securities and Sharekhan