IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Flattrade VS Upstox)

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
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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)
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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)
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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
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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
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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
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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
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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
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Flattrade Vs Upstox - Request a call back from Broker

Flattrade Upstox
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Flattrade Vs Upstox - Investment Options

Flattrade Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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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
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Flattrade Vs Upstox - Research & Report

Flattrade Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Flattrade Vs Upstox - Daily Market Report

Flattrade Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Flattrade Vs Upstox - Suitable For Investor

Flattrade Upstox
Casual Investor
Active Investor
Trader
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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.
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Flattrade Vs Upstox - Background

Flattrade Upstox
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Flattrade Vs Upstox - Compare All Brokers

Flattrade Upstox
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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)

Flattrade Vs Upstox

Flattrade Upstox
 

Flattrade Trading NRI Account Review

Flattrade 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 Opening, Charges, Services Review

Upstox 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)
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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
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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
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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
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