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Sharekhan Vs Upstox (Compare Sharekhan and Upstox)

The side-by-side comparison of Sharekhan and Upstox. Compare Sharekhan Vs Upstox brokerage, charges, exposure margin, demat account. Read Upstox and Sharekhan review.

Find out Sharekhan Vs Upstox which is better and Sharekhan Vs Upstox which is best.

Our Sharekhan comparison with Upstox highlights the major differences between two brokers. Find the best between Sharekhan and Upstox.

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Sharekhan Vs Upstox

  Sharekhan Upstox
Find more info about broker
Sharekhan Logo Upstox Logo
About the Broker 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... Know more about Sharekhan 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 ... Know more about Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account Upstox Basic
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.
Year of Incorporation 2000 2012
Number of Branches 2800 4
Enquire Sharekhan Enquire Upstox
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Sharekhan Vs Upstox 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
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Sharekhan Vs Upstox Brokerage

Brokerage Plan 1

  Sharekhan Upstox
Account Type Classic Account Upstox Basic
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.10% ₹20 per executed order
Equity Futures Brokerage 0.10% ₹20 per executed order
Equity Options Brokerage ₹50 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.10% ₹20 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order
Commodity Options Trading Brokerage 0.03% ₹20 per executed order
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

Brokerage Plan 2

  Sharekhan Upstox
Account Type Prepaid - ₹1 Lakh Upstox Priority
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% ₹0
Equity Intraday Brokerage 0.015% ₹30 per executed order
Equity Futures Brokerage 0.015% ₹30 per executed order
Equity Options Brokerage 0.05% or ₹63 per lot ₹30 per executed order
Currency Futures Trading Brokerage ₹30 per executed order
Currency Options Trading Brokerage ₹30 per executed order
Commodity Futures Trading Brokerage ₹30 per executed order
Commodity Options Trading Brokerage ₹30 per executed order

Brokerage Plan 3

  Sharekhan Upstox
Account Type Margin - ₹1 Lakh Upstox Basic
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% ₹0 (Free)
Equity Intraday Brokerage 0.05% ₹20 per executed order
Equity Futures Brokerage 0.05% ₹20 per executed order
Equity Options Brokerage 1% or ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order
Commodity Options Trading Brokerage ₹20 per executed order

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
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Sharekhan Vs Upstox Taxes

  Sharekhan Upstox
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Sharekhan Vs Upstox Transaction Charges

  Sharekhan Upstox
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 | BSE ₹275
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 | BSE ₹275
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) NSE ₹210
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) NSE ₹5500
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) ₹150
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) ₹6000
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) MCX ₹260/Cr
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Sharekhan Vs Upstox Exposure Margin

  Sharekhan Upstox
Equity Delivery Upto 5x with 24% interest per year 2.5x
Equity Intraday Upto 10x Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures 2x for Intraday Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Futures Upto 2x for Intraday Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
Commodity Options
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Sharekhan and Upstox Feature Comparison

  Sharekhan Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Pattern finder, Class room training Option strategy builder
Referral Program Yes
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Sharekhan Vs Upstox Review

  Sharekhan Upstox
  283 Customer Reviews    Rate Sharekhan 65 Customer Reviews    Rate Upstox
Fees 3.1 3.6
Trading Brokerage 2.9 3.7
Trading Platform Usability 3.7 2.7
Customer Service 3.4 2.5
Research Capabilities 4.5 2.5
Overall Ratings Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 283 customer reviews Upstox is Rated 2.6 / 5 based on 65 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Upstox Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

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Sharekhan Vs Upstox Investment Options

  Sharekhan Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, NRI Trading
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Sharekhan Vs Upstox Customer Service

  Sharekhan Upstox
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Sharekhan Vs Upstox Order Type Offered

  Sharekhan Upstox
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Sharekhan Vs Upstox Research Report

  Sharekhan Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Sharekhan Vs Upstox Suitable For Investor Type

  Sharekhan Upstox
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs Upstox - Advantages and Disadvantages

  Sharekhan Upstox
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get 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.

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