Best Sharekhan Alternatives for 2021

What Sharekhan Does Not Offer and Alternatives For Each

When trading having a broker you can rely on is essential. If Sharekhan does not match your requirements we explain the top Sharekhan alternatives and Sharekhan competitors in this guide. The best alternative for Sharekhan is eToro or XTB.

When searching for a Sharekhan alternative there are a few things you need to check. The Sharekhan trading platform alternative that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all of the top Sharekhan alternatives and competitors feature by feature further below this Sharekhan alternatives guide. If you are looking for a trading platform that offers similar features to Sharekhan or Sharekhan does not offer something that you require when trading we will show you the best Sharekhan alternative options below.

We highlight the pros and cons of each Sharekhan alternative. Maybe you are looking for better customer service from a Sharekhan alternative, or more competitive Sharekhan fees and more financial instruments to trade.

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 does not offer Guaranteed Stop Loss (See Sharekhan alternatives who offer Guaranteed Stop Loss here)
• Sharekhan does not allow Scalping (See brokers for scalping here)
• ECN accounts are not offered by Sharekhan (Look here for Sharekhan alternatives offering ECN 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 Islamic accounts (Check here for Sharekhan alternatives offering Islamic accounts)

Top Sharekhan Alternative is eToro

Rating	★★★☆☆ 3/5	★★★★☆ 4/5	★★★★☆ 4/5
💻 Trading Platforms	Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
📋 Instruments Available	5000	2000	4000
📈 Stocks Offerd	5000	2042	1696
💎 Cryptocurrency	No	Yes	Yes
💹 Forex Pairs	0	50	57
📈 Commodities	14	31	21
💰 Min Deposit	0	50	0
👱‍♂️ Used By	1,500,000 users	20,000,000 users	250,000 users
📆 Founded	2000	2007	2002
👮‍♂️ Regulation	Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange	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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
🌍 HQ	India	Cyprus, UK	Poland
🚫 Excluded Countries		ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN,	US, IN, PK, BD, NG , ID, BE, AU
Risk Warning	Your capital is at risk	67% of retail investor accounts lose money when trading CFDs with this provider.	74% 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.

If you want to see a more indepth feature by feature Sharekhan alternative comparison, you can scroll further down here.

Sharekhan Alternatives List

eToro

★★★★☆ (4/5)

Min deposit : 50

Visit eToro Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

XTB

★★★★☆ (4/5)

Min deposit : 0

Visit XTB Read review

XTB was established in 2002 and is used by over 250000+ traders. 74% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Regulated by 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

IC Markets

★★★★☆ (4/5)

Min deposit : 200

Visit IC Markets Read review

IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

AvaTrade

★★★★☆ (4/5)

Min deposit : 250

Visit AvaTrade Read review

AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

Roboforex

★★★★☆ (4/5)

Min deposit : 1

Visit Roboforex Read review

Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Regulated by Cyprus Securities and Exchange Commission (CySEC)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Read review

Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

XM

★★★★☆ (4/5)

Min deposit : 5

Visit XM Read review

XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

FP Markets

★★★★☆ (4/5)

Min deposit : 100

Visit FP Markets Read review

FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)

Plus500

★★★★☆ (4/5)

Min deposit : 100

Visit Plus500 Read review

Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.

Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546

FXPrimus

★★★★☆ (4/5)

Min deposit : 100

Visit FXPrimus Read review

FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)

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, 74% 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	50	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.	74% 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.