Compare 3 Brokers

Sharekhan Vs Upstox: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Upstox ranges between Rs 20. Sharekhan is a Full Service Broker where Upstox is a Discount Broker. Sharekhan is having overall lower rating compare to Upstox. Sharekhan is rated only 4 out of 5 where Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of Sharekhan vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Sharekhan vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare Sharekhan vs Upstox on Service

  Sharekhan Compare
Sharekhan
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market.
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Sharekhan vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Upstox
Charges Sharekhan Upstox
Trading Account Opening Fees Free Rs 150 Equity/ Rs 150 Commodity
Trading AMC Free Free
Demat Account Opening Fees Free Rs 150
Demat AMC Rs 400 PA (Waived for 1st year) Rs 150 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Upstox on Plan Options

Plans are the most important feature you look when compare Sharekhan with Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare Sharekhan with Upstox on Plan Options
Plan Types Sharekhan Upstox
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan Upstox
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Upstox on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare Sharekhan with Upstox
Brokerage Charges Compare Sharekhan Upstox
Plan Name Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.1% or 10 paisa Flat Fee Rs 20
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20
Currency Futures 0.1% or 10 paisa Flat Fee Rs 20
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20
Commodity Trading 0.1% or 10 paisa Flat Fee Rs 20
Minimum Brokerage Rs 20 NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare Sharekhan vs Upstox on Transaction Charges

Compare Sharekhan with Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan with Upstox
Transaction Charges Compare Sharekhan Upstox
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 100 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for upstox
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Account Features

Compare Sharekhan vs Upstox on Account Features

Compare Sharekhan with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Upstox offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Sharekhan offers margin funding where Upstox doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Sharekhan with Upstox
Account Features Compare Sharekhan Upstox
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Sharekhan with Upstox
Trading Platform Compare Sharekhan Upstox
Desktop Trading Platform TradeTiger DartStock/Nest Trader/Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan Upstox
Mobile Trading App Demo Sharekhan Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Sharekhan vs Upstox on User Rating

  Sharekhan Upstox
  177 Customer Reviews    Rate Sharekhan 8 Customer Reviews    Rate Upstox
Fees Ratings 3.2 3.3
Trading Brokerage Rating 3.1 3.8
Trading Platform Usability 3.9 3.3
Customer Service Ratings 3.5 3.1
Overall Ratings Rated 3.6 stars Rated 3.3 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews Upstox is Rated 3.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Sharekhan vs Upstox on Investment Offerings

Compare Sharekhan with Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Upstox doesn't offer

Investment Offerings - Compare Sharekhan with Upstox
Investment Offerings Compare Sharekhan Upstox
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs Upstox on Order Types

Order Type - Compare Sharekhan with Upstox on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Sharekhan with Upstox
Order Type Compare Sharekhan Upstox
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Sharekhan vs Upstox on Margin/Leverage

Comapre Sharekhan with Upstox on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Sharekhan with Upstox
Margin Product Compare Sharekhan Upstox
Equity Delivery Margin Sharekhan vs Upstox - Equity Delivery Margin Upto 5x via Margin Funding. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Sharekhan vs Upstox - Equity Intraday Margin Upto 10x leverage for equity. Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.
Futures Margin Sharekhan vs Upstox - Futures Margin Upto 2x leverage for futures. Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.
Options Margin Sharekhan vs Upstox - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.
Equity CO Margin Sharekhan vs Upstox - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.
Futures CO Margin Sharekhan vs Upstox - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.
Options CO Margin Sharekhan vs Upstox - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.
Commodity Margin Sharekhan vs Upstox - Commodity Margin Info Not Available Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Sharekhan vs Upstox on Customer Service

Compare Sharekhan with Upstox on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Sharekhan with Upstox
Customer Service Compare Sharekhan Upstox
24/7 Customer Service Sharekhan vs Upstox - 24x7 customer support No No
Email Support Sharekhan vs Upstox - Email Support Yes Yes
Onine Live Chat Sharekhan vs Upstox - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Upstox - Phone Support Yes Yes
Toll Free Number Sharekhan vs Upstox - Toll Free Number Yes No
Through Branches Sharekhan vs Upstox - Through Branches Yes Yes
Customer Care Number Sharekhan vs Upstox - Customer Care Number 1800227500 +91 22 6130 9999
Account Opening Process Sharekhan vs Upstox - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education Sharekhan vs Upstox - Knowledge Center/Education https://www.sharekhan.com/help/hello https://upstox.com/help-center/
Head Office Address Sharekhan vs Upstox - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Sharekhan vs Upstox - Company Website https://www.sharekhan.com https://upstox.com/
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Tips/Research/Reports Published

Compare Sharekhan vs Upstox on Research Reports, Tips

Compare Sharekhan with Upstox on research reports and tips provided by broker.

Research Reports - Compare Sharekhan with Upstox
  Sharekhan Upstox
Research Mutual Funds Sharekhan vs Upstox - Research Mutual Funds Yes No
Research Equity Reports Sharekhan vs Upstox - Research Equity Reports Yes No
Research ETF Sharekhan vs Upstox - Research ETF Yes No
Daily Market Report Sharekhan vs Upstox - Daily Market Report Yes No
Free Tips Sharekhan vs Upstox - Free Tips Yes No
Quarterly Result Analysis Sharekhan vs Upstox - Quarterly Results Yes No
News Alerts Sharekhan vs Upstox - Yes No
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Demat Account

Compare Sharekhan vs Upstox on Demat Account

Compare Sharekhan with Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with Upstox
  Sharekhan Upstox
DP Source CDSL CDSL
DP ID Sharekhan vs Upstox - DP ID 36000 81800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹150 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NIL
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹13 + ₹5.50 CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹20 + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation 0.03% (Min ₹100) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation Nil 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Upstox on Special Offers and Promotion

Compare Sharekhan with Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Upstox on Special Offers and Promotion
  Sharekhan Upstox
Pay In and Pay Out Options Sharekhan vs Upstox - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Sharekhan vs Upstox - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Sharekhan vs Upstox - Bank Supported and Charges Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Sharekhan Enquire about Upstox

Last Updated on 2019-07-08T23:57:42+00:00







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