Looking for Low Brokerage, High Margin & Free Tips?
Shriram Insight Vs Upstox – Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
Shriram Insight Vs Upstox
Here is a point by point comparison of Shriram Insight Vs Upstox. RKSV (or Upstox) is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix. Shriram Insight is a full-service stockbroker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Discount brokers such as Upstox offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full service brokers such as Shriram Insight will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Shriram Insight Vs Upstox to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Shriram Insight Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Full Service Stock Broker | Discount Broker |
| Incorporated In the Year | 1974 | 2012 |
| Number of branches across India | 700 | 3 |
| Exchanges | NSE, BSE, MCX, RCL | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹290 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹150 |
| Transaction Charges | Shriram Insights Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | ₹0 |
| Intraday Delivery | 0.03% | ₹20 per executed order |
| Equity Futures | 0.03% | ₹20 per executed order |
| Equity Options | ₹50 per contract | ₹20 per executed order |
| Currency Futures | 0.03% | ₹20 per executed order |
| Currency Options | ₹50 per contract | ₹20 per executed order |
| Commodity | 0.03% | ₹20 per executed order |
| Brokerage Calculator | Shriram Insight Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 2 times | Upto 20 times Intraday |
| Equity Futures | Same as margin | Upto 4 times for Intraday |
| Equity Options | Same as margin | Upto 4 times for Intraday |
| Currency Futures | Same as margin | Upto 4 times for Intraday |
| Currency Options | Same as margin | Upto 4 times for Intraday |
| Commodities | Same as margin | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NetPro Desktop, NetPro Browser, Mobile App | NEST, Upstox Web, Upstox Pro |
| Total BSE+NSE Complaints Percentage | 0.05% | 0.12% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Shriram Insight Vs Upstox for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Shriram Insight Vs Upstox
Overall Rating
