IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Sharekhan VS Upstox)

Sharekhan Vs Upstox

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.


Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs Upstox - Broker Details

Sharekhan Upstox
Single Margin Facility NO
Year of Incorporation 2000 2012
Exchanges NSE, BSE, MCX and NCDEX. BSE, NSE and MCX
Branches 160+ 45
Brokerage 0.10% Rs.20/Order or 0.05%
Broker Type Discount Broker Discount Broker
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Sharekhan Vs Upstox - Account Opening & AMC Charges

Sharekhan Upstox
Trading Account Opening Charge Rs.0 (Free) Rs.249
Demat Account Opening Charge Rs.0 (Free) ₹0 (Free)
Demat Account AMC Rs.400 (Free for 1st year) Rs.300/yearly
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Sharekhan Vs Upstox - Brokerage charges & Plans

Sharekhan Upstox
Commodity Futures 0.03% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.50% Zero brokerage
Equity Options Rs.50 per lot Flat Rs. 20 per executed order.
Commodity Options 0.03% Flat Rs. 20 per executed order.
Equity Futures 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.30 per lot Flat Rs. 20 per executed order.
Fixed Charges Rs.1,00,000 per year Rs. 20/Order
Equity Intraday 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
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Sharekhan Vs Upstox - Other Charges

Sharekhan Upstox
RMS Square Off Charge - Rs. 20 per order+ GST
API Charges TradeTiger API at no extra cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges Rs.1,00,000 per year Rs.20/Order or 0.05%
Minimum Brokerage 0.10% Rs.20/order
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Sharekhan Vs Upstox - Transaction Charges

Sharekhan Upstox
Currency Options NSE ₹4220 per Cr (0.04220%)| MCX ₹3220 per Cr (0.03220%) (on premium) NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options NSE ₹5000 per Cr (0.05%)| BSE ₹50 per Cr (0.0005%) (on premium) NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity MCX (Non Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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Sharekhan Vs Upstox - Margin (Exposure)

Sharekhan Upstox
Equity Options 1 time (SPAN + Exposure) Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options NA Basic: 3x | Priority: 4x
Commodity Options NA 2 times
Commodity Futures Up to 2 times for Intraday Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery Up to 5 times with 24% interest per year No extra margins provided
Currency Futures NA Basic:3x | Priority:4x |
Equity Futures 2 time for Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Sharekhan Vs Upstox - Features

Sharekhan Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:15
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Sharekhan Vs Upstox - Review & Rating

Sharekhan Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Upstox is rated 3.9 of 5
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Sharekhan Vs Upstox - Request a call back from Broker

Sharekhan Upstox
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Sharekhan Vs Upstox - Investment Options

Sharekhan Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Sharekhan Vs Upstox - Order Type

Sharekhan Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Sharekhan Vs Upstox - Research & Report

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

Sharekhan Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Sharekhan Vs Upstox - Suitable For Investor

Sharekhan Upstox
Casual Investor
Active Investor
Trader
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Sharekhan Vs Upstox - Pros & Cons

Sharekhan Upstox
Pros 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
Cons 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3. It charges a minimum brokerage fee of 10 paisa per stock and would not allow you to trade in stocks below ₹20. 4. The customers who hold Classic account are unable to trade in Commodities. • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
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Sharekhan Vs Upstox - Background

Sharekhan Upstox
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Sharekhan Vs Upstox - Compare All Brokers

Sharekhan Upstox
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Sharekhan Vs Upstox - Account Opening & AMC Charges

Sharekhan
Upstox
Trading Account Opening Charge
Rs.0 (Free)
Rs.249
Demat Account Opening Charge
Rs.0 (Free)
₹0 (Free)
Demat Account AMC
Rs.400 (Free for 1st year)
Rs.300/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Sharekhan Vs Upstox

Sharekhan Upstox
 

Sharekhan NRI Account Opening, Charges, Services Review

Sharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. It provides services to all kinds of customers ..
+ " Vs "+ Upstox

Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
 
 

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs Upstox - Brokerage charges & Plans

Sharekhan Upstox
Commodity Futures 0.03% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.50% Zero brokerage
Equity Options Rs.50 per lot Flat Rs. 20 per executed order.
Commodity Options 0.03% Flat Rs. 20 per executed order.
Equity Futures 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.30 per lot Flat Rs. 20 per executed order.
Fixed Charges Rs.1,00,000 per year Rs. 20/Order
Equity Intraday 0.10% Rs. 20 per executed order or 0.05% (whichever is lower)
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Sharekhan Vs Upstox - Margin (Exposure)

Sharekhan Upstox
Equity Options 1 time (SPAN + Exposure) Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options NA Basic: 3x | Priority: 4x
Commodity Options NA 2 times
Commodity Futures Up to 2 times for Intraday Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery Up to 5 times with 24% interest per year No extra margins provided
Currency Futures NA Basic:3x | Priority:4x |
Equity Futures 2 time for Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Sharekhan Vs Upstox - Other Charges

Sharekhan Upstox
RMS Square Off Charge - Rs. 20 per order+ GST
API Charges TradeTiger API at no extra cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges Rs.1,00,000 per year Rs.20/Order or 0.05%
Minimum Brokerage 0.10% Rs.20/order
Enquiry with Sharekhan   Open Account Enquiry with Upstox   Open Account

Sharekhan Vs Upstox - Features

Sharekhan Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:15
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Sharekhan   Open Account Enquiry with Upstox   Open Account