Sharekhan vs XM, 2026 Update
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Sharekhan Rating
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XM Rating
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Your capital is at risk |
77.29% of retail investor accounts lose money when trading CFDs with this provider. |
Sharekhan vs XM Guide |
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Read our In-Depth Sharekhan vs XM Review - Updated for 2026
This comprehensive analysis of Sharekhan and XM has been updated to reflect any changes for 2026 from knowledgeable insiders boasting considerable financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Sharekhan vs XM does not apply to all countries as follows:
Sharekhan Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare Sharekhan vs XM
Every platforms for online trading has some ups and downs, so a complete Sharekhan and XM review would not be complete without adopting an objective perspective.
Assess XM and Sharekhan to get a better understanding of how they compare with each other before you create an account. Conducting a comprehensive comparison can put things into perspective so that you're informed about what to expect.
So you are looking for an online trading platform and are choosing between Sharekhan or XM. Who should you choose?
Our Sharekhan vs XM comparison contains the latest information so you can easily compare XM against Sharekhan.
If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you have to select the right broker who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Sharekhan and XM are two such companies which will take you and your investment to great heights. It is important to compare Sharekhan vs XM before you trust them with your cash.
Our Sharekhan vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Sharekhan and XM side by side.
Our entire Sharekhan vs XM Review covers everything you will need to know about trading with either Sharekhan or XM. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Sharekhan and XM are both brokers that have forged their way successfully to the brokerage world. In this review, we have tried to collate some of the vital facets of both Sharekhan and XM. This review will allow you to understand whether either XM or Sharekhan is a fantastic match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.
Benefits of Sharekhan and XM Compared
Sharekhan offers a minimum deposit of $0 while XM offers a $5 minimum deposit.
Why smaller minimum deposits are good and how Sharekhan and XM 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.
Sharekhan allows you to trade around 5000 financial instruments while XM has around 5000 financial instruments on their platform.
The more financial instruments you can trade on the Sharekhan and XM 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 should never want to miss out on a trading opportunity due to the limitations of Sharekhan or XM.
Sharekhan and XM Contact Details
Being able to contact your broker through many ways is vital. Sharekhan and XM have the following contact details and social medias that you can use.
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| Broker | Sharekhan | XM |
| Telephone Number | +357 250 29933 | |
| support@xm.com | ||
| Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
| Sharekhan Twitter Account | XM Twitter Account | |
| Sharekhan Facebook Page | XM Facebook Page | |
| Sharekhan Instagram Account | XM Instagram Account | |
| Sharekhan LinkedIn Page | XM LinkedIn Page | |
| YouTube | Sharekhan YouTube Channel | XM YouTube Channel |
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XM and Sharekhan Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Sharekhan and XM we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Sharekhan vs XM - Awards
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| Broker | Sharekhan | XM |
| Awards | At the time of writing this Sharekhan review, and despite Sharekhan’s impressive offering, the company has surprisingly not garnered any awards to date. |
XM have won several industry awards over the time they have been running as a financial broker. We show the most recognised awards for XM below.
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Sharekhan vs XM - Frequently Asked Questions
Sharekhan vs XM - Headquarters And Year Of Founding
Sharekhan was founded in 2000 and has its head office in India.
XM was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for XM or Sharekhan
The minimum deposit for Sharekhan is $0.
The minimum deposit for XM is $5.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Sharekhan and XM are a good option.
Sharekhan vs XM - Regulation And Licencing In More Detail
Sharekhan is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both Sharekhan and XM have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Sharekhan vs XM Commission And Fees
Sharekhan and XM are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three types of fees for this purpose.
The first sort of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither Sharekhan or XM charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Sharekhan and XM are relatively competitive. As a result, you're charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This Sharekhan vs XM review for 2026 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Sharekhan And XM
What Languages Do Sharekhan And XM Support?
Being able to communicate easily with your online broker is a key part of comparing 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.
Here you will find all the languages that both Sharekhan and XM offer communication in.
How Many Clients Do Sharekhan and XM Have?
Both Sharekhan and XM are well established with their customer base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users Sharekhan and XM are working with
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| Broker | Sharekhan | XM |
| Clients / Users | 1,500,000+ | 3,500,000+ |
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What Payment Methods Do Sharekhan and XM Accept?
Sharekhan and XM 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 Sharekhan and XM
What Can You Trade With Sharekhan and XM?
Sharekhan offers 5000 trading instruments whilst XM offers 100.
Below you will find a full breakdown of what both Sharekhan and XM offer.
Sharekhan Review
Sharekhan vs XM:
Table Of Contents
- Compare Sharekhan vs XM
- Benefits of Sharekhan and XM Compared
- XM and Sharekhan Mobile App Comparison
- Sharekhan vs XM - Awards
- Sharekhan vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or Sharekhan
- Sharekhan vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For Sharekhan And XM
- What Languages Do Sharekhan And XM Support?
- How Many Clients Do Sharekhan and XM Have?
- What Payment Methods Do Sharekhan and XM Accept?
- What Can You Trade With Sharekhan and XM?

