Comparison – UPSTOX Vs Share Khan
Upstox | Share Khan | |
Year of Incorporation | 2008 | 2000 |
Exchanges enabled | NSE, BSE & MCX | NSE, BSE, MCX-SX, MCX & NCDEX |
Demat (NSDL/CDSL) | NSDL- Partnership with ILFS | NSDL & CDSL |
Brokerages | ||
Equity | 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) | 0.03% for Intraday & 0.3% for Delivery – Negotiable |
Equity Futures | Rs 20/executed order or 0.01% whichever is lower | 0.03% of Turnover – Negotiable |
Equity Options | Rs 20/executed order or 0.01% whichever is lower | Rs 50/lot – Negotiable |
Currency Futures | Rs 20/executed order or 0.01% whichever is lower | 0.03% of Turnover- Negotiable |
Currency Options | Rs 20/executed order or 0.01% whichever is lower | Rs 20/lot- Negotiable |
Commodity | Rs 20/executed order or 0.01% whichever is lower | 0.03% of Turnover- Negotiable |
Account opening charges | ||
Trading and Demat | Nill | Rs 500 which will be adjusted with brokerage |
Only Trading | Nill | NA |
Commodity | Nill | Nil |
Trading Tools | ||
Platforms | Mobile/ web/ desktop | Mobile/ web/ desktop |
Charting | 22 days | 30 Days |
Margins & Leverage Provided | ||
Equity | Upto 20 times for intraday, 0 for delivery | Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged) |
Equity Futures | Upto 4 times for intraday | Upto 2 times for Intraday |
Equity Options | Buying no leverage, shorting upto 4 times for intraday | No Leverage |
Currency Futures | Upto 4 times for intraday | No Leverage |
Currency Options | Buying no leverage, shorting upto 4 times for intraday | No Leverage |
Commodity | Upto 3 times for intraday | Upto 2 times for Intraday |
Serviceable | ||
3 in 1 Account | NO | NO |
Instant Fund withdrawal | NO | NO |
Instant Fund Transfer | YES | YES |
Relationship Managers | NO | YES |