Sharekhan Vs Upstox (Compare Sharekhan and Upstox)

Sharekhan Vs Upstox

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Sharekhan	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2000	2012
Number of Branches	2800	4
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Sharekhan Vs Upstox Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Upstox Demat Account AMC Charges is Rs 150.

	Sharekhan	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 150

Sharekhan Vs Upstox Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Sharekhan Classic Account	Upstox Default
Fixed Charges		NA
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.02% per transaction value	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per lot	Rs 20 per executed order
Currency Futures	0.02% per transaction value	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 5 per lot	Rs 20 per executed order
Commodity Futures	0.02%	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per lot	Rs 20 per executed order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Sharekhan Vs Upstox Brokerage Plan 2

	Sharekhan	Upstox
Account Type	Prepaid - Rs 1 Lakh	Default
Fixed Charges	Rs 1,00,000 per year	NA
Equity Delivery	0.10%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.015%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.015%	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	0.05% or Rs 63 per lot	Rs 20 per executed order
Currency Futures		Rs 20 per executed order or 0.05% whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
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Sharekhan Vs Upstox Brokerage Plan 3

	Sharekhan	Upstox
Account Type	Margin - Rs 1 Lakh	Default
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.05%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.05%	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	1% or Rs 70 per lot	Rs 20 per executed order
Currency Futures		Rs 20 per executed order or 0.05% whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
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Sharekhan Charges Vs Upstox

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	0.05%
Other Charges		Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 20	Rs 20 per trade

Sharekhan Vs Upstox Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	Sharekhan	Upstox
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) | BSE Rs 0	NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options	NSE Rs 5050 per Cr (0.0505%) (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures	NSE Rs 95 per Cr (0.00095%)	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options	NSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05%	Group A - Rs 290 per Cr (0.0029%)
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Sharekhan Vs Upstox Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Sharekhan	Upstox
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Sharekhan and Upstox Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Sharekhan	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training	Option strategy builder
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Sharekhan Vs Upstox Review

Sharekhan is rated 3.3 of 5 based on 313 customer reviews whereas Upstox is rated 2.4 of 5 based on 147 customer reviews.

	Sharekhan	Upstox
	313 Customer Reviews	147 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 313 customer reviews	Upstox is rated 2.4 of 5 based on 147 customer reviews

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Sharekhan Vs Upstox Investment Options

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

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)
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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 - Pros and Cons

	Sharekhan	Upstox
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.
Cons	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.
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