Best Sharekhan Alternatives for 2021

What Sharekhan Does Not Offer and Alternatives For Each

There are many reasons Sharekhan may not be a good fit for your trading needs. For whatever reason you are looking for a better Sharekhan alternative or Sharekhan competitor with similar services. We try to give you as much useful information so you can find what it is you need. We show the best Sharekhan alternatives below.

For each of these Sharekhan alternatives, we also highlight the key differences and resemblances with Sharekhan. For every Sharekhan alternative trading platform we list we also have detailed trading platform reviews and guides elsewhere on this website, all based on real experiences trading on live Sharekhan and other brokerage accounts. If you are not happy with Sharekhan, let us show you some great alternative brokerages.

Having a reputable and dependable broker is crucial to your trading success. All of the alternative brokers we list below have good reputations and match what you are looking for.

We have listed some reasons why Sharekhan may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

sharekhan alternatives
Sharekhan Summary

• Sharekhan is used by over 1,500,000 users (Look here for Sharekhan alternatives that are used by more traders)
• Sharekhan has a minimum deposit of $0 (Look here for Sharekhan alternatives that require less minimum deposit)
• Sharekhan has a minimum trade requirement of varies (Look here for Sharekhan alternatives that require a lower minimum trade)
• Sharekhan has a maximum deposit of Varies (Look here for Sharekhan alternatives that has a similar or greater maximum trade limit)
• Sharekhan has 4 awards (Look here for Sharekhan alternatives with more awards)

sharekhan alternatives
Sharekhan Tradable Financial Assets

• Sharekhan offers traders over 5,000 tradable instruments (Look here for Sharekhan alternatives offering a similar amount or more tradable instruments)
• Sharekhan offers over 5,000 shares (Look here for Sharekhan alternatives offering more tradable shares)
• Sharekhan offers US Shares (Look here for Sharekhan alternatives offering US Stocks and Shares)
• Sharekhan does not offer UK Shares (Look here for Sharekhan alternatives offering UK Stocks and shares)
• Sharekhan does not offer German Shares (Look here for Sharekhan alternatives offering German Stocks and shares)
• Sharekhan does not offer Japanese Shares (Look here for Sharekhan alternatives offering Japanese Stocks and shares)
• Sharekhan offer Indices trading (Look here for Sharekhan alternatives offering Indices trading)
• Sharekhan offers 14 commodities (Look here for Sharekhan alternatives offering more tradable commodities)
• Sharekhan does not offer trading in metals (Look here for Sharekhan alternatives offering metal commodities)
• Sharekhan does not offer trading in energy commodities (Look here for Sharekhan alternatives offering energy commodities)
• Sharekhan does not offer trading in agricultural commodities (Look here for Sharekhan alternatives offering agricultural commodities)
• Sharekhan does not offer trading on the Forex markets (Look here for Sharekhan alternatives offering Forex trading)
• Sharekhan offers 0 Forex Pairs (Look here for Sharekhan alternatives offering a similar amount or more Forex Pairs)
• Sharekhan does not offer trading with Major Forex Pairs (Look here for Sharekhan alternatives offering Major Forex Pairs trading)
• Sharekhan does not offer trading with Minor Forex Pairs (Look here for Sharekhan alternatives offering Minor Forex Pairs trading)
• Sharekhan does not offer trading with Exotic Forex Pairs (Look here for Sharekhan alternatives offering Exotic Forex Pairs trading)
• Sharekhan does not offer trading in Cryptocurrencies (Look here for Sharekhan alternatives offering cryptocurrency trading)
• Sharekhan does not offer CFD trading (Look here for Sharekhan alternatives offering CFD trading)
• Sharekhan does not offer Social Trading (Look here for Sharekhan alternatives offering Social Trading accounts)

sharekhan alternatives
Sharekhan Trading Account Features

• ECN accounts are not offered by Sharekhan (Look here for Sharekhan alternatives offering ECN accounts)
• STP accounts are offered by Sharekhan (Look here for Sharekhan alternatives offering STP accounts)
• Sharekhan does not offer MT4 (See Sharekhan alternatives offering the MT4 trading platform here)
• MT5 is not offered by Sharekhan (find Sharekhan alternatives that offer the MT5 trading platform here)
• cTrader is not offered by Sharekhan (find Sharekhan alternatives offering the cTrader trading platform here)
• Sharekhan does not offer Micro accounts (Check here for Sharekhan alternatives offering micro accounts)
• Sharekhan does not offer VIP accounts (Check here for Sharekhan alternatives offering VIP accounts)
• Sharekhan does not offer Islamic accounts (Check here for Sharekhan alternatives offering Islamic accounts)
• Sharekhan does not offer Demo accounts (Check here for Sharekhan alternatives offering Demo accounts)
• Sharekhan does not offer Spread Betting accounts (Search for Spread Betting brokers here)
• Sharekhan does not allow Scalping (See brokers for scalping here)

sharekhan alternatives
Sharekhan Risk Management Features

• Sharekhan does allow hedging (See brokers for Hedging here)
• Sharekhan does offer negative balance protection (See Sharekhan alternatives who offer negative balance protection here)
• Sharekhan does not offer Guaranteed Stop Loss (See Sharekhan alternatives who offer Guaranteed Stop Loss here)
• Sharekhan does offer limit orders (See Sharekhan alternatives who offer limit orders here)
• Sharekhan does not offer trailing stops (See Sharekhan alternatives who offer trailing stops here)
• Sharekhan does offer price alerts (See Sharekhan alternatives who offer price alerts here)

sharekhan alternatives
Sharekhan Fees

• Sharekhan does not have inactivity fees (See Sharekhan alternatives who don’t have inactivity fees here)
• Sharekhan does not have withdrawal fees (See Sharekhan alternatives who don’t have withdrawal fees here)
• Sharekhan does not have deposit fees (See Sharekhan alternatives who don’t have deposit fees here)

sharekhan alternatives
Sharekhan Regulation

• Sharekhan are not regulated by the FCA (Financial Conduct Authority) (Look here for Sharekhan alternatives offering FCA regulated brokers)
• Sharekhan are not regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for Sharekhan alternatives offering CySEC regulated brokers)
• Sharekhan are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for Sharekhan alternatives offering MiFID regulated brokers)
• Sharekhan are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for Sharekhan alternatives offering ASIC regulated brokers)
• Sharekhan are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for Sharekhan alternatives offering FSCA regulated brokers)
• Sharekhan are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for Sharekhan alternatives offering DFSA regulated brokers)
• Sharekhan are not regulated by the MAS (Monetary Authority of Singapore) (Look here for Sharekhan alternatives offering MAS regulated brokers)
• Sharekhan are not regulated by the FSA (Financial Services Authority) (Look here for Sharekhan alternatives offering FSA regulated brokers)

sharekhan alternatives
Sharekhan Desktop Computer and Mobile Device Support

• Sharekhan Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See Sharekhan alternatives that offer an online trading platform here)
• Sharekhan does not offer a bespoke application for Microsoft Windows Desktop computers (See Sharekhan alternatives that support desktop Windows users here)
• Sharekhan does not offer a bespoke application for Apple Mac Desktop computers (See Sharekhan alternatives that support desktop Apple Mac users here)
• Sharekhan does not offer a bespoke application for mobile devices (See Sharekhan alternatives that support mobile device users here)
• Sharekhan does offer a bespoke application for IOS Devices (See Sharekhan alternatives for IOS users here)
• Sharekhan does offer a bespoke application for Android Devices (See Sharekhan alternatives for Android users here)
• Sharekhan does not offer live chat support (See Sharekhan alternatives that offer live chat support here)

Below is an extensive list of the best alternatives to Sharekhan based on our unique 256 point criteria.

Top alternative for Sharekhan is eToro

Top Pick 1 4/5 rating

eToro is the best alternative broker to Sharekhan. eToro has been in operation for over 14 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If Sharekhan or eToro are not what you are looking for try XTB.

With Sharekhan, Your capital is at risk

With eToro, 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

With XTB, Losses can exceed deposits

Top Pick 2 4/5 rating

XTB, as a brokerage is regulated. This means XTB are supervised by and checked for conduct by the Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)

Here are some of the key reasons why traders choose eToro and XTB over Sharekhan

	eToro	XTB	IC Markets
Brokerage Rating	★★★★☆ (4/5)	★★★★☆ (4/5)	★★★★☆ (4/5)
Regulator	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	200	0	200
Min Trade	$25	0.01 Lot	0.01 Lot
Platforms	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Risk Warning	67% of retail investor accounts lose money when trading CFDs with this provider.	77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	Losses can exceed deposits
	Visit eToro	Visit XTB	Visit IC Markets

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best Sharekhan alternatives below.