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Quick Comparision (Sharekhan VS Upstox)

 
 

Sharekhan Vs Upstox

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Sharekhan Vs Upstox - Broker Details

Sharekhan Upstox
Single Margin Facility
Year of Incorporation 2000 2009
Exchanges NSE, BSE, MCX and NCDEX. BSE, NSE and MCX
Branches 153+ Zero
Brokerage 0.03% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Account Opening & AMC Charges

Sharekhan Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 (from 2nd year) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Brokerage charges & Plans

Sharekhan Upstox
Commodity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹60/ Lot ₹20/ Order
Commodity Options ₹60/ Lot ₹20/ Order
Equity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Lot ₹20/ Order
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Other Charges

Sharekhan Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Transaction Charges

Sharekhan Upstox
Currency Options NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Margin (Exposure)

Sharekhan Upstox
Equity Options 1 time (SPAN + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Features

Sharekhan Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Review & Rating

Sharekhan Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Request a call back from Broker

Sharekhan Upstox
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Investment Options

Sharekhan Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Order Type

Sharekhan Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Research & Report

Sharekhan Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Daily Market Report

Sharekhan Upstox
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Suitable For Investor

Sharekhan Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Pros & Cons

Sharekhan Upstox
Pros 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
Cons 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Background

Sharekhan Upstox
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Compare All Brokers

Sharekhan Upstox
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - STT/CTT

Sharekhan Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% only on sell
Equity Options 0.05% on sell Side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & sell
Equity Futures 0.01% on sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Demat transaction charges

Sharekhan Upstox
Equity Demat Transaction Charges ₹0 (Free) Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - GST

Sharekhan Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - SEBI Charges

Sharekhan Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Account Opening & AMC Charges

Sharekhan
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Sharekhan Vs Upstox

Sharekhan Upstox
 

Sharekhan Review | Brokerage Charges, Account Opening

Sharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie ..
+ " Vs "+ Upstox
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Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Sharekhan Vs Upstox - Brokerage charges & Plans

Sharekhan Upstox
Commodity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹60/ Lot ₹20/ Order
Commodity Options ₹60/ Lot ₹20/ Order
Equity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Lot ₹20/ Order
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Margin (Exposure)

Sharekhan Upstox
Equity Options 1 time (SPAN + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back Open Account

Sharekhan Vs Upstox - Other Charges

Sharekhan Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account

Sharekhan Vs Upstox - STT/CTT

Sharekhan Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% only on sell
Equity Options 0.05% on sell Side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & sell
Equity Futures 0.01% on sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account

Sharekhan Vs Upstox - Demat transaction charges

Sharekhan Upstox
Equity Demat Transaction Charges ₹0 (Free) Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account

Sharekhan Vs Upstox - GST

Sharekhan Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

Sharekhan Vs Upstox - SEBI Charges

Sharekhan Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account

Sharekhan Vs Upstox - Features

Sharekhan Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Sharekhan

Upstox