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 Brokerage & Demat Account Opening Charges

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

Compare Sharekhan vs Upstox on Plan Options

  Sharekhan Upstox
Multiple Plans What is this parameter? Yes Yes
Monthly Plans Sharekhan vs Upstox - Monthly Brokerage Plan No No
Yearly Plans Sharekhan vs Upstox - Yearly Brokerage Plan 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 Upstox
Plan Name Sharekhan vs Upstox - Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Plan Description Sharekhan vs Upstox - 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. Equity Delivery Free and Rs 20 Per executable order for others
Equity Delivery Sharekhan vs Upstox - Cash Delivery Brokerage 0.5% or 50 paisa Free
Equity Intraday Sharekhan vs Upstox - Cash Intraday Brokerage 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Futures Sharekhan vs Upstox - F&O Segment - Futures Brokerage 0.1% or 10 paisa Flat Fee Rs 20
Equity Options Sharekhan vs Upstox - F&O Segment - Options Brokerage 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20
Currency Futures Sharekhan vs Upstox - Currency Futures Trading Brokerage 0.1% or 10 paisa Flat Fee Rs 20
Currency Options Sharekhan vs Upstox - Currency Options Trading Brokerage 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20
Commodity Trading Sharekhan vs Upstox - Commodity Trading Brokerage 0.1% or 10 paisa Flat Fee Rs 20
Minimum Brokerage Sharekhan vs Upstox - Rs 20
Hidden Charges Sharekhan vs Upstox - Hidden Charges No Info Not Available
Funding Sharekhan vs Upstox - Funding Interest Yes - 18% interest PA Info Not Available
Call & Trade Charges Sharekhan vs Upstox - 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

  Sharekhan Upstox
Equity Delivery Sharekhan vs Upstox - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Sharekhan vs Upstox - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Sharekhan vs Upstox - Equity Futures Transaction Charges Rs 190 Per Cr Rs 210 Per Cr
Equity Options Sharekhan vs Upstox - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Sharekhan vs Upstox - Rs 100 Per Cr Rs 150 Per Cr
Currency Options Sharekhan vs Upstox - Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Sharekhan vs Upstox - Commodity Transaction Charges 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

  Sharekhan Upstox
3 in 1 Account Sharekhan vs Upstox - Account Type? 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 Sharekhan vs Upstox - Advance Charting Yes Yes
Algo Trading Sharekhan vs Upstox - Algo Trading No Yes
SMS Alerts Sharekhan vs Upstox - SMS Alerts Yes Yes
Online Demo Sharekhan vs Upstox - Online Demo Yes Yes
Online Portfolio Sharekhan vs Upstox - Portfolio Service Yes Yes
Margin Trading Funding Available Sharekhan vs Upstox - Margin Funding Yes No
Combined Ledger for Equity and Commodity Sharekhan vs Upstox - Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time Sharekhan vs Upstox - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Sharekhan vs Upstox - NRI Trading Yes Yes
Other Features Sharekhan vs Upstox -
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Trading Platform

Compare Sharekhan vs Upstox on Trading Platform

  Sharekhan Upstox
Desktop Trading Platform Sharekhan vs Upstox - Trading terminal TradeTiger DartStock/Nest Trader/Fox Trader
Desktop Demo Sharekhan vs Upstox - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Sharekhan vs Upstox - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Sharekhan vs Upstox - MAC Trading Terminal No No
Web Trading Platform Sharekhan vs Upstox - Web Trading Platform Yes Yes
Web Trading Detail Sharekhan vs Upstox - Trading Website https://www.sharekhan.com/ https://pro.upstox.com/
Web Trading Demo Sharekhan vs Upstox - Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Sharekhan vs Upstox - Trading Site for Mobile Yes Yes
Mobile Trading Sharekhan vs Upstox - Mobile App Yes Yes
Mobile Trading App Sharekhan vs Upstox - Name Of Mobile App Sharekhan Upstox
Mobile Trading App Demo Sharekhan vs Upstox - Name Of Mobile App Sharekhan Demo Upstox Demo
Android Mobile App Sharekhan vs Upstox - Android Mobile App Yes Yes
Android App Download Sharekhan vs Upstox - Mobile App Download Andriod Sharekhan Download Andriod Upstox Download
iPhone Mobile App (IOS) Sharekhan vs Upstox - Yes Yes
iOS App Download Sharekhan vs Upstox - Mobile App Download iOS Sharekhan Download iOS Upstox Download
Android Tablet App Sharekhan vs Upstox - Android Tablet App Yes Yes
iPad App (IOS) Sharekhan vs Upstox - Yes Yes
Trading Software Charges Sharekhan vs Upstox - 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

  Sharekhan Upstox
Equity Cash and F&O Sharekhan vs Upstox - Equity and Equity derivatives Yes Yes
Currency Deravitives Sharekhan vs Upstox - Currency Trading Yes Yes
Commodity Sharekhan vs Upstox - Commodity Trading Yes Yes
Online IPO Application Sharekhan vs Upstox - Online IPO Investment No No
Mutual Funds Sharekhan vs Upstox - Online Mutual Funds Investment Yes Yes
Bond / NCD Sharekhan vs Upstox - Bonds and NCD Yes No
ETF Sharekhan vs Upstox - ETF Yes Yes
Banking Sharekhan vs Upstox - Banking Service No No
Insurance Sharekhan vs Upstox - Insurance Service Yes No
Forex Sharekhan vs Upstox - Forex Trading No No
MF SIP Investment Sharekhan vs Upstox - Mutual Fund SIP Yes No
Equity SIP Investment Sharekhan vs Upstox - Equity SIP No No
PMS Service Sharekhan vs Upstox - Portfolio Management Services (PMS) Yes No
Algo Trading Sharekhan vs Upstox - Algo Trading Yes Yes
Other Investment Options Sharekhan vs Upstox -
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Order Types

Compare Sharekhan vs Upstox on Order Types

  Sharekhan Upstox
CNC Ordre Sharekhan vs Upstox - CNC Order Yes Yes
MIS Ordre Sharekhan vs Upstox - MIS Order Yes Yes
NRML Ordre Sharekhan vs Upstox - NRML Order Yes Yes
Cover Ordre Sharekhan vs Upstox - Cover Order Yes Yes
Bracket Ordre Sharekhan vs Upstox - Bracket Order Yes Yes
AMO-After Market Orders Sharekhan vs Upstox - After market Orders Yes Yes
GTC-Good Till Cancelled Sharekhan vs Upstox - GTC Orders Yes No
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Margin/Leverage

Compare Sharekhan vs Upstox on Margin/Leverage

  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

  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

  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

  Sharekhan Upstox
DP Source CDSL CDSL
DP ID Sharekhan vs Upstox - DP ID 36000 81800
Demat Account Annual Maintenance Charges(AMC) Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. Rs. 300/- per annum.
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) A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip.
Demat Rs. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.
Remat Rs.50 per certificate or Rs.50 for every hundred securities Rs. 25/- per certificate or 0.05% of the value whichever is higher.
Pledge Creation 0.03 % of the value of the Transaction (Min Rs. 100 per transaction) 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Nil 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Nil 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Confirmation Nil 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Invocation Nil 0.05% of the transaction charges subject to a minimum of Rs. 50/-
Failed Instruction Charges Nil Rs. 50/- per transaction.
Other Charges 1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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Special Offers,Advantages,Disadvantages

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.
Enquire about Sharekhan Enquire about Upstox






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