Flattrade Vs Upstox
Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Flattrade Vs Upstox - Broker Details
Flattrade | Upstox | |
---|---|---|
Single Margin Facility |
![]() |
NO |
Year of Incorporation | 2004 | 2012 |
Exchanges | BSE, NSE and MCX | BSE, NSE and MCX |
Branches | 5 | 45 |
Brokerage | Rs.20 per executed order | Rs.20/Order or 0.05% |
Broker Type | Discount Broker | Discount Broker |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Account Opening & AMC Charges
Flattrade | Upstox | |
---|---|---|
Trading Account Opening Charge | Rs.0 (Free) | Rs.249 |
Demat Account Opening Charge | Rs.0 (Free) | ₹0 (Free) |
Demat Account AMC | Rs.0 (Free) | Rs.300/yearly |
Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Brokerage charges & Plans
Flattrade | Upstox | |
---|---|---|
Commodity Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | Nil | Zero brokerage |
Equity Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Commodity Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Equity Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Fixed Charges | ₹10 per executed order | Rs. 20/Order |
Equity Intraday | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Other Charges
Flattrade | Upstox | |
---|---|---|
RMS Square Off Charge | Rs. 20 per order+ GST | |
API Charges | Does not provide API | ₹ 750 * per month |
Call & Trade Charges | Rs.50 or 0.01% of trade value per executed order | Rs. 20 per order+ GST |
Other Brokerage Charges | Rs.20 per executed order | Rs.20/Order or 0.05% |
Minimum Brokerage | Rs.20 per executed order | Rs.20/order |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Transaction Charges
Flattrade | 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 | 0.0020% | NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% |
Equity Intraday | NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Equity Options | 0.053% (On prem) | NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% |
Commodity | 0.0026%; 0.0013% (FAR MONTH CONTRACT) | Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% |
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 | 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Margin (Exposure)
Flattrade | Upstox | |
---|---|---|
Equity Options | Option Sell: Basic: 3x | Priority: 4x | | |
Equity Intraday | Up to 20X | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Basic: 3x | Priority: 4x | |
Commodity Options | 2 times | |
Commodity Futures | Up to 4 times | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | ||
Equity Delivery | 1x (no margin) | No extra margins provided |
Currency Futures | Basic:3x | Priority:4x | | |
Equity Futures | Up to 4 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Features
Flattrade | Upstox | |
---|---|---|
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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | 3:15 |
Trading Platform | NEST, NSE NOW, Fortune Trading Mobile App | 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 |
![]() |
![]() |
Direct Mutual Fund |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Review & Rating
Flattrade | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Upstox is rated 3.9 of 5 | |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Request a call back from Broker
Flattrade | Upstox | |
---|---|---|
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Investment Options
Flattrade | Upstox | |
---|---|---|
Currency |
![]() |
![]() |
IPO |
![]() |
![]() |
Commodity |
![]() |
![]() |
Debt |
![]() |
![]() |
Other Options |
![]() |
![]() |
Stock Cash / Equity |
![]() |
![]() |
Mutual Funds |
![]() |
![]() |
Bond / NCD |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Order Type
Flattrade | Upstox | |
---|---|---|
Bracket Order/BO/OCO |
![]() |
![]() |
BTST |
![]() |
![]() |
Cover Order/CO |
![]() |
![]() |
Good Till Cancelled (GTC) |
![]() |
![]() |
BUY ABOVE/SELL BELOW |
![]() |
![]() |
After Market Order(AMO) |
![]() |
![]() |
STBT |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Research & Report
Flattrade | Upstox | |
---|---|---|
Free Tips |
![]() |
![]() |
Quarterly Result Analysis |
![]() |
![]() |
Daily Market Report |
![]() |
![]() |
News Alerts |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Daily Market Report
Flattrade | Upstox | |
---|---|---|
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Suitable For Investor
Flattrade | Upstox | |
---|---|---|
Casual Investor |
![]() |
![]() |
Active Investor |
![]() |
![]() |
Trader |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Pros & Cons
Flattrade | Upstox | |
---|---|---|
Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. | • 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. |
Cons | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. | • 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. |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Background
Flattrade | Upstox | |
---|---|---|
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Compare All Brokers
Flattrade | Upstox | |
---|---|---|
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Account Opening & AMC Charges
Flattrade Vs Upstox
Flattrade | Upstox | |
---|---|---|
Flattrade Trading NRI Account ReviewFlattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account. + " Vs "+ Upstox |
Upstox NRI Account OpeningUpstox 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 |
|
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.
Flattrade Vs Upstox - Brokerage charges & Plans
Flattrade | Upstox | |
---|---|---|
Commodity Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | Nil | Zero brokerage |
Equity Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Commodity Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Equity Futures | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | ₹10 per executed order | Flat Rs. 20 per executed order. |
Fixed Charges | ₹10 per executed order | Rs. 20/Order |
Equity Intraday | ₹10 per executed order | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Margin (Exposure)
Flattrade | Upstox | |
---|---|---|
Equity Options | Option Sell: Basic: 3x | Priority: 4x | | |
Equity Intraday | Up to 20X | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Basic: 3x | Priority: 4x | |
Commodity Options | 2 times | |
Commodity Futures | Up to 4 times | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | ||
Equity Delivery | 1x (no margin) | No extra margins provided |
Currency Futures | Basic:3x | Priority:4x | | |
Equity Futures | Up to 4 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Other Charges
Flattrade | Upstox | |
---|---|---|
RMS Square Off Charge | Rs. 20 per order+ GST | |
API Charges | Does not provide API | ₹ 750 * per month |
Call & Trade Charges | Rs.50 or 0.01% of trade value per executed order | Rs. 20 per order+ GST |
Other Brokerage Charges | Rs.20 per executed order | Rs.20/Order or 0.05% |
Minimum Brokerage | Rs.20 per executed order | Rs.20/order |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |
Flattrade Vs Upstox - Features
Flattrade | Upstox | |
---|---|---|
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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | 3:15 |
Trading Platform | NEST, NSE NOW, Fortune Trading Mobile App | 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 |
![]() |
![]() |
Direct Mutual Fund |
![]() |
![]() |
Enquiry with Flattrade Open Account | Enquiry with Upstox Open Account |