IC Markets vs Sharekhan, for 2023
IC Markets Rating
Losses can exceed deposits
Your capital is at risk
IC Markets vs Sharekhan Guide
Read our In-Depth IC Markets vs Sharekhan Review - for 2023
This comprehensive analysis of IC Markets and Sharekhan has been refreshed for 2023 by seasoned professionals boasting extensive expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Sharekhan does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Sharekhan Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Sharekhan
Every trading platforms will have a few advantages and disadvantages, so any comprehensive IC Markets and Sharekhan review cannnot be complete without embracing a fair assessment.
Compare IC Markets and Sharekhan in order to understand the way they compare to each prior to you decide to open an account. Performing a comprehensive comparison helps to bring aspects in perspective so that you're informed about what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or Sharekhan. Who is better in 2023?
Our IC Markets vs Sharekhan comparison contains the latest information so you can easily compare Sharekhan against IC Markets.
If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will get proficient at all the concepts of broker since you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Sharekhan are two such companies which will take you along with your investment to great heights. It is important to compare IC Markets vs Sharekhan before you trust them with your cash.
Our IC Markets vs Sharekhan comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Sharekhan side by side.
Our entire IC Markets vs Sharekhan Review covers everything you will need to know about trading with either IC Markets or Sharekhan. A good agent can multiply your initial investments and give you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
IC Markets and Sharekhan are both brokers that have paved their way successfully into the brokerage world. In this review, we've attempted to collate some of the important facets of both IC Markets and Sharekhan. This review will help you to understand whether either Sharekhan or IC Markets is a fantastic fit for your investments or not. We have tried to breakdown all the features and charges for your advantage.
Benefits of IC Markets and Sharekhan Compared
IC Markets offers a minimum deposit of $200 while Sharekhan has a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Sharekhan compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets allows you to trade around 232 financial instruments whilst Sharekhan has around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and Sharekhan platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IC Markets or Sharekhan.
IC Markets and Sharekhan Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. IC Markets and Sharekhan have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000|
|IC Markets Twitter Account||Sharekhan Twitter Account|
|IC Markets Facebook Page||Sharekhan Facebook Page|
|IC Markets Instagram Account||Sharekhan Instagram Account|
|IC Markets LinkedIn Page||Sharekhan LinkedIn Page|
|YouTube||IC Markets YouTube Channel||Sharekhan YouTube Channel|
|Find Out More||
Sharekhan and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing IC Markets and Sharekhan will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs Sharekhan - Awards
IC Markets have won a lot of industry awards over the time they have been running as a financial broker. We list the most recognised awards for IC Markets below.
|At the time of writing this Sharekhan review, and despite Sharekhan’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
IC Markets vs Sharekhan - Frequently Asked Questions
IC Markets vs Sharekhan - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Sharekhan was founded in 2000 and has its head office in India.
What is the minimum deposit for Sharekhan or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Sharekhan is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and Sharekhan are a good choice.
IC Markets vs Sharekhan - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
Both IC Markets and Sharekhan have a strong collection of rules for ensuring fair trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Sharekhan Commission And Fees
IC Markets and Sharekhan are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you're spending a spread, funding speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those that are charged when you hold a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, neither IC Markets or Sharekhan charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and Sharekhan are comparatively higher. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs Sharekhan review for 2023 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Sharekhan
|Find Out More||
What Languages Do IC Markets And Sharekhan Support?
Being able to talk completely with your online broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both IC Markets and Sharekhan support.
How Many Clients Do IC Markets and Sharekhan Have?
Both IC Markets and Sharekhan are well known and trusted. It is really important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers IC Markets and Sharekhan are working with
|Clients / Users||60,000+||1,500,000+|
|Find Out More||
What Payment Methods Do IC Markets and Sharekhan Accept?
IC Markets and Sharekhan both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and Sharekhan
|Find Out More||
What Can You Trade With IC Markets and Sharekhan?
IC Markets offers 232 trading instruments and Sharekhan offers 5000.
Below you will find a full breakdown of what both IC Markets and Sharekhan offer.
IC Markets Review
IC Markets vs Sharekhan:
Table Of Contents
- Compare IC Markets vs Sharekhan
- Benefits of IC Markets and Sharekhan Compared
- Sharekhan and IC Markets Mobile App Comparison
- IC Markets vs Sharekhan - Awards
- IC Markets vs Sharekhan - Frequently Asked Questions
- What is the minimum deposit for Sharekhan or IC Markets
- IC Markets vs Sharekhan - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Sharekhan
- What Languages Do IC Markets And Sharekhan Support?
- How Many Clients Do IC Markets and Sharekhan Have?
- What Payment Methods Do IC Markets and Sharekhan Accept?
- What Can You Trade With IC Markets and Sharekhan?