Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of Upstox ranges between Rs 20. The broker Sharekhan and Reliance Securities are full service brokers where Upstox is a discount broker. Overall rating for Sharekhan is 4, Reliance Securities is rated 3.5, Upstox is rated 4.5 out of 5.
Here we present side-by-side comparison of Sharekhan vs Reliance Securities vs Upstox stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Sharekhan vs Reliance Securities vs Upstox on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Sharekhan vs Reliance Securities vs Upstox in this setion with 360 degree view of broker information.
 Sharekhan |
 Reliance Securities |
 Upstox |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE, MCX |
| Broker Overview | Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...  |
Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... |
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. |
| Broker Enquiry |
|
|
|
In this section we have compared Sharekhan vs Reliance Securities vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan charges Free for account opening, Reliance Securities charges Rs 950 for account opeing, and Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account, where Upstox charges Free AMC for Demat account.
| Charges | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs 950 | Promotion offer: Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 400 PA (Free for 1st year)) | Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) | Free |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare Sharekhan vs Reliance Securities vs Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan and Reliance Securities offers Multiple Plans where Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| Multiple Plans | |
|
 |
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Sharekhan | Zerodha | Upstox | |
|---|---|---|---|
| Account Opening Request |
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
| Brokerage Charges Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| Plan Name | Sharkehan Brokerage Plan | R-FIXED Online Brokerage Plan (Percentage Based) | Max Rs 20 Per Order Trading Plan |
| Equity Delivery | 0.30% | 0.50% | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | 0.02% | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.02% | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Options | Rs 20 per lot | Rs 100 Per Lot | Flat Fee Rs 20 |
| Currency Futures | 0.02% | 0.05% | 0.05% or Rs 20 whichever is lower |
| Currency Options | Rs 5 per lot | Rs 100 Per Lot | Flat Fee Rs 20 |
| Commodity Trading | Rs 20 per lot | Future: 0.05%| Options: Rs 100 per lot | Flat Fee Rs 20 |
| Minimum Brokerage | Rs 20 | 5 paise per share | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | NA |
| Call & Trade Charges | Free | Rs 20 per call (Free First 20 call per month) | Rs 50 + 18% GST |
| Auto Square off Charges | Free | Free First 20 call PM and Rs 20 their onwards. | Rs 50 + 18% GST |
| Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for Reliance Securities | Brokerage Calculator for Upstox |
Compare Sharekhan vs Reliance Securities vs Upstox on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for sharekhan | Complete Brokerage Plans for reliance-securities | Complete Brokerage Plans for upstox |
Compare Sharekhan vs Reliance Securities vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Sharekhan and Reliance Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan and Reliance Securities offers NRI Trading where Upstox doesn't offers NRI Trading.
| Account Features Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
| NRI Trading | |
|
|
| Other Features | NIL | Mobile Application: Rmobile Xpress | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan vs Reliance Securities vs Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Sharekhan | Reliance Securities | Upstox | ||
|---|---|---|---|---|
184 Customer Reviews
 |
52 Customer Reviews
|
12 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Sharekhan is Rated 3.6 / 5 based on 184 customer reviews | Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews |
Compare Sharekhan vs Reliance Securities vs Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Sharekhan and Reliance Securities offers PMS facility where Upstox doesn't offers PMS facility.
| Investment Offerings Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Sharekhan vs Reliance Securities vs Upstox on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Sharekhan and Upstox offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.
| Order Type Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Sharekhan vs Reliance Securities vs Upstox on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Sharekhan | Reliance Securities | Upstox |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 1800227500 | 022 41596000 | 022 62436000 | +91 22 6130 9999 |
| Account Opening Process | Offline | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.sharekhan.com/help/hello | https://www.reliancesmartmoney.com/Insights | https://upstox.com/help-center/ |
| Head Office Address | Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042 |
Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
| Website | https://www.sharekhan.com | https://www.reliancesmartmoney.com | https://upstox.com/ |
Compare Sharekhan vs Reliance Securities vs Upstox on research reports and tips provided by broker.
| Sharekhan | Reliance Securities | Upstox | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Sharekhan vs Reliance Securities vs Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Sharekhan | Reliance Securities | Upstox | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 36000 | 41400 | 81800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹300 pa | ₹300 PA |
| Advance Deposit | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | Nil | NIL |
| Statutory charges | Actual Stamp Paper Charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | 0.04% (Min ₹27) + CDSL charges | ₹13 + ₹5.50 CDSL charges |
| Demat | ₹5 per certificate (Min 50 per request) | ₹5 per certificate + ₹30 request charges | ₹20 + ₹50 courier charges |
| Remat | ₹50 per certificate or ₹50 for every hundred securities | ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) |
| Pledge Creation | 0.03% (Min ₹100) | 0.05% of transaction value (Min ₹30) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Creation Confirmation | Nil | 0.05% of transaction value (Min ₹30) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure | Nil | 0.05% of transaction value (Min ₹30) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure Confirmation | Nil | 0.05% of transaction value (Min ₹30) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Invocation | Nil | 0.05% of transaction value (Min ₹30) | 0.05% of the transaction value (Min ₹50) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Nil | Nil |
Compare Sharekhan vs Reliance Securities vs Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Sharekhan | Reliance Securities | Upstox | |
|---|---|---|---|
| Pay In and Pay Out Options | Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform. Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform. Pay-out/Fund Withdrawal - Bank Transfer only |
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Info Not Available | Info Not Available | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. |
| Bank Detail | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
| Likes |
|
|
Before you open an Upstox account, check out the advantages on why to trade with Upstox.
|
| Dislikes |
|
|
There are some setbacks or disadvantages also while trading with Upstox;
|
| Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | ||
| Enquire for Sharekhan | Enquire for Reliance Securities | Enquire for Upstox |
Last Updated on 2024-03-04T07:37:57+00:00
