Updated October 13, 2026 · BrokerCue Editorial Team
Sharekhan vs Wealthsimple
Facts checked September 26, 2026.
What sets them apart
| Compare |  Sharekhan |  Wealthsimple |
|---|---|---|
| Minimum deposit | ₹0 | CA$0 |
| Account fee | ₹400 | CA$0 |
| Markets | Stocks, ETFs, Forex, Options, Futures, Bonds, Funds | Stocks, ETFs, Options, Crypto, Futures |
| Options contract fee | ₹50 | CA$0 |
| Stock trade fee | Not confirmed | CA$0 |
| Margin rate | Not confirmed | 3.95% |
| Platforms | ShareMobile, TradeTiger, Web | Not confirmed |
| Account types | Not confirmed | Joint, Corporate |
| Interest on cash | Not confirmed | 1.25% |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Markets: only Sharekhan offers Forex, Bonds, Funds.
- Markets: only Wealthsimple offers Crypto.
- Support channels: only Wealthsimple offers Chat, Email, Phone.
- Features: only Sharekhan offers Options, Futures, Demo account.
- Features: only Wealthsimple offers Crypto, Fractional shares.
Our verdict on each
Sharekhan
For investors in India who want guided participation, Mirae Asset Sharekhan offers a full service trading and investment platform with research insight. It draws on 29+ years of market cycle experience and covers Indian markets plus 10,000+ US stocks and ETFs through a facilitated route.
Wealthsimple
Wealthsimple serves Canadian beginners and experienced investors who want self-directed trading and managed portfolios in a single app. The minimum deposit is CAD 0, the stock trade fee is CAD 0 and the account fee is CAD 0, while the UK is not among its markets (stocks, etfs and options).
Score breakdown
| Area | Sharekhan | Wealthsimple |
|---|---|---|
| Cost | 9.0 | 9.6HigherMinimum deposit of CAD 0, stock trade fee of CAD 0, options contract fee of CAD 0 and account fee of CAD 0. |
| Offer | 9.2 | 9.2Managed portfolios charge 0.5% and start at CAD 1, with cash earning 1.25%. |
What each covers
| Markets | Sharekhan | Wealthsimple |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Crypto | No | Yes |
| Bonds | Yes | No |
| Funds | Yes | No |
Where they rank in our lists
| Ranking | Sharekhan | Wealthsimple |
|---|---|---|
| Stock and ETF brokers | 433 of 471 | 62 of 471 |
| Options trading platforms | 99 of 103 | 18 of 103 |
| Futures trading platforms | 78 of 82 | 15 of 82 |
What we checked
Sharekhan
- sharekhan.com: 4 facts, checked September 26, 2026
- thebeststockbroker.com: 4 facts, checked September 26, 2026
Wealthsimple
- wealthsimple.com: 13 facts, checked September 26, 2026
- help.wealthsimple.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Sharekhan | Wealthsimple |
|---|---|---|
| Features | Options, Futures, Mobile app, Demo account | Crypto, Fractional shares, Mobile app |
| Pricing model | Not confirmed | Commission free |
| Audience | Not confirmed | Beginners, Experienced |
| Legal entity | Mirae Asset Sharekhan | Wealthsimple Technologies Inc. |
| Headquarters | Not confirmed | Canada |
| Support channels | Help centre | Chat, Email, Phone, Help centreCovers more |
Robo-advisors
| Fact | Sharekhan | Wealthsimple |
|---|---|---|
| Management fee | Not confirmed | 0.5% |
| Minimum investment | Not confirmed | CA$1 |
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Where each stands against the rest
| Fact | Sharekhan | Wealthsimple | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | CA$0below the median | CA$1.99 |
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.75% |
| Interest on cash | Not confirmed | 1.25%lowest quarter | 3% |
Median across 43 listed brokers.
Pros and cons
Sharekhan
Pros
- Combines trading with mutual funds and portfolio management in one place
- Publishes research insights shaped by 29+ years of market cycles
- Opens 10,000+ US stocks and ETFs through a GIFT City route
Cons
- Full service model asks for serious research, analysis and discipline
- Indian investor focus leaves little relevance for residents elsewhere
- US investing works through facilitated partners, not direct provision
Wealthsimple
Pros
- Stock trade fee of CAD 0 on a commission-free model across self-directed accounts
- Minimum deposit of CAD 0, so an account opens with a small sum
- Managed portfolios charge a management fee of 0.5% and start at CAD 1
Cons
- The UK and Europe are not among its markets (stocks, etfs and options), so a reader there would need a different broker
- Managed portfolios carry a management fee of 0.5% on top of CAD 0 self-directed trades
- Margin is available at a margin rate of 3.95%, which amplifies losses on a levered position
Who each suits
Sharekhan
Who it suits
- Indian investors wanting research supported trading
- Long term savers using mutual funds and managed portfolios
- Investors seeking facilitated access to US stocks and ETFs
Who should look elsewhere
- Traders wanting light touch execution without research depth
- Investors based outside India
Wealthsimple
Who it suits
- Canadian beginners putting money away in a managed portfolio
- Canadian investors buying fractional shares in a mobile app
- Experienced traders wanting stocks, ETFs, options, crypto and futures in a single account
Who should look elsewhere
- UK or EU readers, who should look at CFI, eToro or Vantage instead
- Traders who want a forex and CFD range, since stocks, etfs and options omits both
- Anyone seeking an ISA, SIPP or similar tax-sheltered wrapper, since neither is among its account types (joint and corporate)
Questions about each
Sharekhan
What does Mirae Asset Sharekhan provide?+
Mirae Asset Sharekhan provides online trading with mutual funds, portfolio management and research insights. You can use its trading and investing platforms for share market participation. Research supports decisions across different market cycles.
Which markets does it cover?+
You can access stocks, mutual funds and derivatives including Options and Futures. The platform also covers portfolio management alongside research insights. Global access adds 10,000+ US stocks and ETFs through a facilitated route.
Wealthsimple
What does it cost to trade stocks at Wealthsimple?+
The stock trade fee is CAD 0 and the account fee is CAD 0. Options contracts carry a fee of CAD 0. Cash earns interest of 1.25%. Managed portfolios are the part that still charges, at a management fee of 0.5%.
Is there a minimum deposit or account fee?+
The minimum deposit is CAD 0 and the account fee is CAD 0, so opening an account costs nothing. Managed portfolios ask for a minimum investment of CAD 1. Brands across the site typically ask €4.64 to start.
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