Gill Broking Vs Upstox
Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Gill Broking Vs Upstox - Broker Details
| Gill Broking | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2017 | 2009 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 70+ | Zero |
| Brokerage | ₹13 per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Gill Broking Vs Upstox - Account Opening & AMC Charges
| Gill Broking | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) only for First Year | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Gill Broking Vs Upstox - Brokerage charges & Plans
| Gill Broking | Upstox | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹13 per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
Gill Broking Vs Upstox - Other Charges
| Gill Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | (₹50 + GST) |
| Other Brokerage Charges | ₹13 per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs Upstox - Transaction Charges
| Gill Broking | Upstox | |
|---|---|---|
| Currency Options | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | Rate 0.00345% Of Total Turnover value | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Gill Broking Vs Upstox - Margin (Exposure)
| Gill Broking | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 4x (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) |
Gill Broking Vs Upstox - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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Gill Broking Vs Upstox - Review & Rating
| Gill Broking | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Gill Broking Vs Upstox - Request a call back from Broker
| Gill Broking | Upstox | |
|---|---|---|
Gill Broking Vs Upstox - Investment Options
| Gill Broking | 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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Gill Broking Vs Upstox - Order Type
| Gill Broking | 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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Gill Broking Vs Upstox - Research & Report
| Gill Broking | 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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Gill Broking Vs Upstox - Daily Market Report
| Gill Broking | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Gill Broking Vs Upstox - Suitable For Investor
| Gill Broking | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Gill Broking Vs Upstox - Pros & Cons
| Gill Broking | Upstox | |
|---|---|---|
| Pros | 1. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. | 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 international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees | 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. |
Gill Broking Vs Upstox - Background
| Gill Broking | Upstox | |
|---|---|---|
Gill Broking Vs Upstox - Compare All Brokers
| Gill Broking | Upstox | |
|---|---|---|
Gill Broking Vs Upstox - STT/CTT
| Gill Broking | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on the sell side | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on the sell side | 0.01% only on sell |
| Commodity Options | 0.05% on the sell side | 0.05% on sell trade |
Gill Broking Vs Upstox - Demat transaction charges
| Gill Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Gill Broking Vs Upstox - GST
| Gill Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Gill Broking Vs Upstox - SEBI Charges
| Gill Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Gill Broking Vs Upstox - Account Opening & AMC Charges
Gill Broking
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) only for First Year
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Gill Broking Vs Upstox
| Gill Broking | Upstox | |
|---|---|---|
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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.
Gill Broking Vs Upstox - Brokerage charges & Plans
| Gill Broking | Upstox | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹13 per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Gill Broking Vs Upstox - Margin (Exposure)
| Gill Broking | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 4x (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) |
Gill Broking Vs Upstox - Other Charges
| Gill Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | (₹50 + GST) |
| Other Brokerage Charges | ₹13 per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs Upstox - STT/CTT
| Gill Broking | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on the sell side | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on the sell side | 0.01% only on sell |
| Commodity Options | 0.05% on the sell side | 0.05% on sell trade |
Gill Broking Vs Upstox - Demat transaction charges
| Gill Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Gill Broking Vs Upstox - GST
| Gill Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Gill Broking Vs Upstox - SEBI Charges
| Gill Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Gill Broking Vs Upstox - Features
| Gill Broking | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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