The side-by-side comparison of Sharekhan and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Upstox.
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f...
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Classic Account
Upstox Basic
Broker Enquiry
Year of Incorporation
Number of Branches
Stock Broker Fees / Charges
Sharekhan
Upstox
Trading Account Opening Fees
₹0 (Free)
₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0 (Free)
₹0
Demat Account AMC
₹400 (Free for 1st year)
₹150
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Sharekhan
Upstox
Account Type
Classic Account
Upstox Basic
Fixed Charges
Equity Delivery Brokerage
0.50%
₹0
Equity Intraday Brokerage
0.10%
₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage
0.10%
₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage
₹50 per lot
₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage
0.10%
₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage
₹30 per lot
₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage
0.03%
₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 2
Sharekhan
Upstox
Account Type
Prepaid - ₹1 Lakh
Upstox Priority
Fixed Charges
₹1,00,000 per year
₹0
Equity Delivery Brokerage
0.10%
₹0
Equity Intraday Brokerage
0.015%
₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage
0.015%
₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage
0.05% or ₹63 per lot
₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage
Brokerage Plan 3
Sharekhan
Upstox
Account Type
Margin - ₹1 Lakh
Upstox Basic
Fixed Charges
₹1,00,000 margin
₹0
Equity Delivery Brokerage
0.25%
₹0
Equity Intraday Brokerage
0.05%
₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage
0.05%
₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage
1% or ₹70 per lot
₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
₹0
Other Brokerage Charges
Call & Trade Charges
Rs 20
₹20 per trade
Taxes
Sharekhan
Upstox
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Free Trading & Demat Account (for limited time only)
Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.
This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019
Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.
Zerodha
Zero Account Opening Fee