Achintya Vs Upstox
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Achintya Vs Upstox - Broker Details
| Achintya | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2009 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 10 | Zero |
| Brokerage | As per Brokerage Plan | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Achintya Vs Upstox - Account Opening & AMC Charges
| Achintya | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
Achintya Vs Upstox - Brokerage charges & Plans
| Achintya | Upstox | |
|---|---|---|
| Commodity Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | As per Brokerage Plan | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | As per Brokerage Plan | ₹20/ Order |
| Commodity Options | As per Brokerage Plan | ₹20/ Order |
| Equity Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | As per Brokerage Plan | ₹20/ Order |
| Fixed Charges | As per Brokerage Plan | ₹20/ Order |
| Equity Intraday | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
Achintya Vs Upstox - Other Charges
| Achintya | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 +GST | (₹50 + GST) |
| Other Brokerage Charges | As per Brokerage Plan | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | As per Brokerage Plan | ₹20/ Order |
Achintya Vs Upstox - Transaction Charges
| Achintya | Upstox | |
|---|---|---|
| Currency Options | NSE: 0.035% | BSE: 0.001% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0021% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.052% (On Premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Achintya Vs Upstox - Margin (Exposure)
| Achintya | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Achintya Vs Upstox - Features
| Achintya | Upstox | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. | 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 |
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| Direct Mutual Fund |
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Achintya Vs Upstox - Review & Rating
| Achintya | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Achintya Vs Upstox - Request a call back from Broker
| Achintya | Upstox | |
|---|---|---|
Achintya Vs Upstox - Investment Options
| Achintya | Upstox | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Achintya Vs Upstox - Order Type
| Achintya | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Achintya Vs Upstox - Research & Report
| Achintya | Upstox | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Achintya Vs Upstox - Daily Market Report
| Achintya | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Achintya Vs Upstox - Suitable For Investor
| Achintya | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Achintya Vs Upstox - Pros & Cons
| Achintya | Upstox | |
|---|---|---|
| Pros | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
| Cons | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Achintya Vs Upstox - Background
| Achintya | Upstox | |
|---|---|---|
Achintya Vs Upstox - Compare All Brokers
| Achintya | Upstox | |
|---|---|---|
Achintya Vs Upstox - STT/CTT
| Achintya | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell Side | 0.025% only on sell |
| Equity Options | 0.0625% on Sell Side (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Achintya Vs Upstox - Demat transaction charges
| Achintya | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Achintya Vs Upstox - GST
| Achintya | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Achintya Vs Upstox - SEBI Charges
| Achintya | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / Crore | ₹10/ Crore |
Achintya Vs Upstox - Account Opening & AMC Charges
Achintya
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Trading Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Achintya Vs Upstox
| Achintya | Upstox | |
|---|---|---|
Achintya Securities Account Opening Charges and Process Details |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Achintya Vs Upstox - Brokerage charges & Plans
| Achintya | Upstox | |
|---|---|---|
| Commodity Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | As per Brokerage Plan | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | As per Brokerage Plan | ₹20/ Order |
| Commodity Options | As per Brokerage Plan | ₹20/ Order |
| Equity Futures | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | As per Brokerage Plan | ₹20/ Order |
| Fixed Charges | As per Brokerage Plan | ₹20/ Order |
| Equity Intraday | As per Brokerage Plan | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Achintya Vs Upstox - Margin (Exposure)
| Achintya | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Achintya Vs Upstox - Other Charges
| Achintya | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 +GST | (₹50 + GST) |
| Other Brokerage Charges | As per Brokerage Plan | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | As per Brokerage Plan | ₹20/ Order |
Achintya Vs Upstox - STT/CTT
| Achintya | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell Side | 0.025% only on sell |
| Equity Options | 0.0625% on Sell Side (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Achintya Vs Upstox - Demat transaction charges
| Achintya | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Achintya Vs Upstox - GST
| Achintya | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Achintya Vs Upstox - SEBI Charges
| Achintya | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / Crore | ₹10/ Crore |
Achintya Vs Upstox - Features
| Achintya | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. | 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 |
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| Direct Mutual Fund |
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