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

Comparision (Upstox VS Sharekhan)

Upstox Vs Sharekhan

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
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 Vs Sharekhan - Broker Details

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

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

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

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

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

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

Upstox Sharekhan
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 3:15 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform 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. 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Sharekhan - Review & Rating

Upstox Sharekhan
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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Upstox Vs Sharekhan - Request a call back from Broker

Upstox Sharekhan
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Upstox Vs Sharekhan - Investment Options

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

Upstox Sharekhan
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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Upstox Vs Sharekhan - Research & Report

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

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

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

Upstox Sharekhan
Pros • 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. 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.
Cons • 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. 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.
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Upstox Vs Sharekhan - Background

Upstox Sharekhan
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Upstox Vs Sharekhan - Compare All Brokers

Upstox Sharekhan
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Upstox Vs Sharekhan - Account Opening & AMC Charges

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

Upstox Vs Sharekhan

Upstox Sharekhan
 

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 + " Vs "+ Sharekhan

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 ..
 
 

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 Vs Sharekhan - Brokerage charges & Plans

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

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

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

Upstox Vs Sharekhan - Features

Upstox Sharekhan
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 3:15 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform 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. 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
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