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Quick Comparision (Upstox VS Sharekhan)

 
 

Upstox Vs Sharekhan

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
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 Vs Sharekhan - Broker Details

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

Upstox Vs Sharekhan - Account Opening & AMC Charges

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

Upstox Vs Sharekhan - Brokerage charges & Plans

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

Upstox Vs Sharekhan - Other Charges

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

Upstox Vs Sharekhan - Transaction Charges

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

Upstox Vs Sharekhan - Margin (Exposure)

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

Upstox Vs Sharekhan - Features

Upstox Sharekhan
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 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 Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 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 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Upstox Vs Sharekhan - Review & Rating

Upstox Sharekhan
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

Upstox Vs Sharekhan - Request a call back from Broker

Upstox Sharekhan
Call Back Open Account Call Back Open Account

Upstox Vs Sharekhan - Investment Options

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

Upstox Vs Sharekhan - Order Type

Upstox Sharekhan
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

Upstox Vs Sharekhan - Research & Report

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

Upstox Vs Sharekhan - Daily Market Report

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

Upstox Vs Sharekhan - Suitable For Investor

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

Upstox Vs Sharekhan - Pros & Cons

Upstox Sharekhan
Pros 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. 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.
Cons 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. 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.
Call Back Open Account Call Back Open Account

Upstox Vs Sharekhan - Background

Upstox Sharekhan
Call Back Open Account Call Back Open Account

Upstox Vs Sharekhan - Compare All Brokers

Upstox Sharekhan
Call Back Open Account Call Back Open Account

Upstox Vs Sharekhan - STT/CTT

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

Upstox Vs Sharekhan - Demat transaction charges

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

Upstox Vs Sharekhan - GST

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

Upstox Vs Sharekhan - SEBI Charges

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

Upstox Vs Sharekhan - Account Opening & AMC Charges

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

Upstox Vs Sharekhan

Upstox Sharekhan
 

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.

+ " Vs "+ Sharekhan
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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 ..
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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 Vs Sharekhan - Brokerage charges & Plans

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

Upstox Vs Sharekhan - Margin (Exposure)

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

Upstox Vs Sharekhan - Other Charges

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

Upstox Vs Sharekhan - STT/CTT

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

Upstox Vs Sharekhan - Demat transaction charges

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

Upstox Vs Sharekhan - GST

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

Upstox Vs Sharekhan - SEBI Charges

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

Upstox Vs Sharekhan - Features

Upstox Sharekhan
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 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 Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 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 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Upstox

Sharekhan