Compare Brokers Articles Reports Glossary Complaints

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.

Sharekhan Vs Upstox

	Sharekhan	Upstox
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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...	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	2000	2012
Number of Branches	2800	4
	Enquire Sharekhan	Enquire Upstox

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

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

Sharekhan Vs Upstox 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)

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.

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

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

Sharekhan and Upstox Feature Comparison

	Sharekhan	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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

Sharekhan Vs Upstox Review

	Sharekhan	Upstox
	283 Customer Reviews	65 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is Rated 3.3 / 5 based on 283 customer reviews	Upstox is Rated 2.6 / 5 based on 65 customer reviews

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. Name Phone # Email City Name State Are you a day trader?	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 Name Phone # Email City Name State Are you a day trader?

Sharekhan Vs Upstox Investment Options

	Sharekhan	Upstox
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

Sharekhan Vs Upstox Customer Service

	Sharekhan	Upstox
24/7 Customer Service
Onine Live Chat
Through Branches

Sharekhan Vs Upstox Order Type Offered

	Sharekhan	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Sharekhan Vs Upstox Research Report

	Sharekhan	Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Sharekhan Vs Upstox Suitable For Investor Type

	Sharekhan	Upstox
Casual Investor
Active Investor
Trader

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...	Upstox basic plan offers brokerage free trading in Equity Delivery segment. No brokerage for equity delivery trades. Free trading software including mobile and web trading app. Advance orders including AMO, CO and BO are available. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all. AmiBroker connector available for Algo Trading. Mutual Funds are available for investment. 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. Request Callback

Compare More Brokers:

Sharekhan Vs Upstox (Compare Sharekhan and Upstox)

Sharekhan Vs Upstox

Sharekhan Vs Upstox Charges

Sharekhan Vs Upstox Brokerage

Brokerage Plan 1

Brokerage Plan 2

Brokerage Plan 3

Other Charges

Sharekhan Vs Upstox Taxes

Sharekhan Vs Upstox Transaction Charges

Sharekhan Vs Upstox Exposure Margin

Sharekhan and Upstox Feature Comparison

Sharekhan Vs Upstox Review

Contact Broker / Request A Call Back

Sharekhan Vs Upstox Investment Options

Sharekhan Vs Upstox Customer Service

Sharekhan Vs Upstox Order Type Offered

Sharekhan Vs Upstox Research Report

Sharekhan Vs Upstox Suitable For Investor Type

Sharekhan Vs Upstox - Advantages and Disadvantages

Free Trading & Demat Account (for limited time only)

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Stock Broker Reviews

Best of

Reviews (Discount Broker)

Reviews (Full-service)

Compare Brokers

Side by Side Comparison

Read & Learn

Trading Platform Reviews

IPO Information

Mainboard IPO

SME IPO

General IPO Info

NCD Public Issue

Options Trading

Stock Market

Chittorgarh City Info