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

Comparision (IIFL Securities VS Upstox)

IIFL Securities Vs Upstox

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, 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.

IIFL Securities Vs Upstox - Broker Details

IIFL Securities Upstox
Single Margin Facility NO
Year of Incorporation 1995 2012
Exchanges NSE, BSE, MCX and NCDEX. BSE, NSE and MCX
Branches 2000+ 45
Brokerage 0.025% Rs.20/Order or 0.05%
Broker Type Full Service Broker Discount Broker
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IIFL Securities Vs Upstox - Account Opening & AMC Charges

IIFL Securities Upstox
Trading Account Opening Charge Rs.250 Rs.249
Demat Account Opening Charge Rs.250 ₹0 (Free)
Demat Account AMC Rs.0 (1st year Fees) Rs.300/yearly
Trading Account AMC Rs.0 for the 1st year Rs.0 (Free)
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IIFL Securities Vs Upstox - Brokerage charges & Plans

IIFL Securities Upstox
Commodity Futures 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.025% or Rs.20 per lot Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.25% Zero brokerage
Equity Options Rs.25 per lot Flat Rs. 20 per executed order.
Commodity Options Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 Flat Rs. 20 per executed order.
Equity Futures 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.8 per lot Flat Rs. 20 per executed order.
Fixed Charges 0.025% Rs. 20/Order
Equity Intraday 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
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IIFL Securities Vs Upstox - Other Charges

IIFL Securities Upstox
RMS Square Off Charge Rs.100 Rs. 20 per order+ GST
API Charges All our APIs are available free of cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges 0.025% Rs.20/Order or 0.05%
Minimum Brokerage 0.025% Rs.20/order
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IIFL Securities Vs Upstox - Transaction Charges

IIFL Securities Upstox
Currency Options Rs.5100 per Cr (0.051%) (On premium) NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures Rs.210 per Cr (0.0021%) NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday Rs.325 per Cr (0.00325%) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options Rs.5100 per Cr (0.051%) (On Premium) NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity Group A- ₹280 per Cr (0.0028%) Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures Rs.210 per Cr (0.0021%) NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery Rs.325 per Cr (0.00325%) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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IIFL Securities Vs Upstox - Margin (Exposure)

IIFL Securities Upstox
Equity Options 3 times for shorting Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 20 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 2 times for shorting Basic: 3x | Priority: 4x
Commodity Options Up to 3 times 2 times
Commodity Futures Up to 3 times Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery Up to 3 times (18% Annual Interest) No extra margins provided
Currency Futures Up to 2 times Basic:3x | Priority:4x |
Equity Futures Up to 3 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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IIFL Securities Vs Upstox - Features

IIFL Securities 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 NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, 3:15
Trading Platform 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal 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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IIFL Securities Vs Upstox - Review & Rating

IIFL Securities 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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IIFL Securities Vs Upstox - Request a call back from Broker

IIFL Securities Upstox
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IIFL Securities Vs Upstox - Investment Options

IIFL Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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IIFL Securities Vs Upstox - Order Type

IIFL Securities 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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IIFL Securities Vs Upstox - Research & Report

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

IIFL Securities Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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IIFL Securities Vs Upstox - Suitable For Investor

IIFL Securities Upstox
Casual Investor
Active Investor
Trader
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IIFL Securities Vs Upstox - Pros & Cons

IIFL Securities Upstox
Pros 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). • 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. • 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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IIFL Securities Vs Upstox - Background

IIFL Securities Upstox
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IIFL Securities Vs Upstox - Compare All Brokers

IIFL Securities Upstox
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IIFL Securities Vs Upstox - Account Opening & AMC Charges

IIFL Securities
Upstox
Trading Account Opening Charge
Rs.250
Rs.249
Demat Account Opening Charge
Rs.250
₹0 (Free)
Demat Account AMC
Rs.0 (1st year Fees)
Rs.300/yearly
Trading Account AMC
Rs.0 for the 1st year
Rs.0 (Free)

IIFL Securities Vs Upstox

IIFL Securities Upstox
 

IIFL Securities NRI Account Opening, Charges, Services Review

IIFL Securities is a part of IIFL Group and was incorporated in 1995. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial service provider in that provides a broad range of services. It is the highly recognised brand for the quality o ..
+ " 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.

IIFL Securities Vs Upstox - Brokerage charges & Plans

IIFL Securities Upstox
Commodity Futures 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.025% or Rs.20 per lot Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.25% Zero brokerage
Equity Options Rs.25 per lot Flat Rs. 20 per executed order.
Commodity Options Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 Flat Rs. 20 per executed order.
Equity Futures 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.8 per lot Flat Rs. 20 per executed order.
Fixed Charges 0.025% Rs. 20/Order
Equity Intraday 0.025% Rs. 20 per executed order or 0.05% (whichever is lower)
Enquiry with IIFL Securities   Open Account Enquiry with Upstox   Open Account

IIFL Securities Vs Upstox - Margin (Exposure)

IIFL Securities Upstox
Equity Options 3 times for shorting Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 20 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 2 times for shorting Basic: 3x | Priority: 4x
Commodity Options Up to 3 times 2 times
Commodity Futures Up to 3 times Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery Up to 3 times (18% Annual Interest) No extra margins provided
Currency Futures Up to 2 times Basic:3x | Priority:4x |
Equity Futures Up to 3 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Enquiry with IIFL Securities   Open Account Enquiry with Upstox   Open Account

IIFL Securities Vs Upstox - Other Charges

IIFL Securities Upstox
RMS Square Off Charge Rs.100 Rs. 20 per order+ GST
API Charges All our APIs are available free of cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges 0.025% Rs.20/Order or 0.05%
Minimum Brokerage 0.025% Rs.20/order
Enquiry with IIFL Securities   Open Account Enquiry with Upstox   Open Account

IIFL Securities Vs Upstox - Features

IIFL Securities 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 NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, 3:15
Trading Platform 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal 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 IIFL Securities   Open Account Enquiry with Upstox   Open Account