Navjeevan Broking Vs Upstox
Navjeevan Broking
Navjeevan 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.
Navjeevan Broking Vs Upstox - Broker Details
| Navjeevan Broking | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 3 | Zero |
| Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Navjeevan Broking Vs Upstox - Account Opening & AMC Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 per Year + GST | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
Navjeevan Broking Vs Upstox - Brokerage charges & Plans
| Navjeevan Broking | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Rs.15 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Commodity Options | Rs.50 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Equity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Rs.10 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Fixed Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Intraday | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
Navjeevan Broking Vs Upstox - Other Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | Rs. 50 (+ GST) | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 50 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
Navjeevan Broking Vs Upstox - Transaction Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | 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% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Navjeevan Broking Vs Upstox - Margin (Exposure)
| Navjeevan Broking | 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) |
Navjeevan Broking Vs Upstox - Features
| Navjeevan 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 & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 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.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading 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 |
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| Direct Mutual Fund |
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Navjeevan Broking Vs Upstox - Review & Rating
| Navjeevan Broking | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Navjeevan Broking Vs Upstox - Request a call back from Broker
| Navjeevan Broking | Upstox | |
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Navjeevan Broking Vs Upstox - Investment Options
| Navjeevan 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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Navjeevan Broking Vs Upstox - Order Type
| Navjeevan 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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Navjeevan Broking Vs Upstox - Research & Report
| Navjeevan Broking | Upstox | |
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| 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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Navjeevan Broking Vs Upstox - Daily Market Report
| Navjeevan Broking | Upstox | |
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| Daily Market Reports & News |
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Navjeevan Broking Vs Upstox - Suitable For Investor
| Navjeevan Broking | Upstox | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Navjeevan Broking Vs Upstox - Pros & Cons
| Navjeevan Broking | Upstox | |
|---|---|---|
| Pros | 1.Wide Range of Financial Products 2.Research and Analysis, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.User-Friendly Platform, 7. Competitive Pricing. | 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 Presence 2. Limited Advanced Features 3. Dependency on market conditions and economic factors, 4.Customer Service Concerns 5. Different fintech platforms may not seamlessly work together., 6. Restricted Investment Options. | 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. |
Navjeevan Broking Vs Upstox - Background
| Navjeevan Broking | Upstox | |
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Navjeevan Broking Vs Upstox - Compare All Brokers
| Navjeevan Broking | Upstox | |
|---|---|---|
Navjeevan Broking Vs Upstox - STT/CTT
| Navjeevan Broking | 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 the 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 & 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 |
Navjeevan Broking Vs Upstox - Demat transaction charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 7.50/- | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Navjeevan Broking Vs Upstox - GST
| Navjeevan 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) |
Navjeevan Broking Vs Upstox - SEBI Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Navjeevan Broking Vs Upstox - Account Opening & AMC Charges
Navjeevan Broking
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 per Year + GST
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
Navjeevan Broking Vs Upstox
| Navjeevan Broking | Upstox | |
|---|---|---|
Navjeevan Review | Charges and Trading Platform 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.
Navjeevan Broking Vs Upstox - Brokerage charges & Plans
| Navjeevan Broking | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Rs.15 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Commodity Options | Rs.50 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Equity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Rs.10 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Fixed Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Intraday | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Navjeevan Broking Vs Upstox - Margin (Exposure)
| Navjeevan Broking | 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) |
Navjeevan Broking Vs Upstox - Other Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | Rs. 50 (+ GST) | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 50 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
Navjeevan Broking Vs Upstox - STT/CTT
| Navjeevan Broking | 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 the 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 & 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 |
Navjeevan Broking Vs Upstox - Demat transaction charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 7.50/- | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Navjeevan Broking Vs Upstox - GST
| Navjeevan 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) |
Navjeevan Broking Vs Upstox - SEBI Charges
| Navjeevan Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Navjeevan Broking Vs Upstox - Features
| Navjeevan Broking | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 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.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading 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 |
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| Direct Mutual Fund |
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