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Comparision (Reliance Securities VS Upstox)

 

Reliance Securities Vs Upstox

Reliance Securities
Reliance Securities is a full service Broker. Reliance 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 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.

Reliance Securities Vs Upstox - Broker Details

Reliance Securities Upstox
Single Margin Facility
Year of Incorporation 2005 2009
Exchanges NSE, BSE&MCX-SX, NCDEX, NMCE BSE, NSE and MCX
Branches 80+ Zero
Brokerage 0.05% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full service Broker Discount Broker

Reliance Securities Vs Upstox - Account Opening & AMC Charges

Reliance Securities Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹2500/- life time free ₹0 (Free)
Trading Account AMC ₹2500/- life time free ₹0 (Free)

Reliance Securities Vs Upstox - Brokerage charges & Plans

Reliance Securities Upstox
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% ₹20/ Order or 2.5% (whichever is lower)
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order or 0.05% (whichever is lower)

Reliance Securities Vs Upstox - Other Charges

Reliance Securities Upstox
RMS Square Off Charge - (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) (₹50 + GST)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.05% ₹20/ Order

Reliance Securities Vs Upstox - Transaction Charges

Reliance Securities Upstox
Currency Options NSE: 0.04174% NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: 0.0009% | BSE: 0.0005% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE: 0.0032% | BSE: 0.003% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE:0.05% | BSE:0.0005% (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE: 0.0009% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE: 0.0032% | BSE: 0.00275% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Reliance Securities Vs Upstox - Margin (Exposure)

Reliance Securities Upstox
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery Up to 3 times with 21% interest per year 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Reliance Securities Vs Upstox - Features

Reliance 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 Equity & F&O:- 3:10 PM | Currency: 4:30PM | 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 Tick Pro, Tick Web, Tick pc 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

Reliance Securities Vs Upstox - Review & Rating

Reliance Securities Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Reliance Securities Vs Upstox - Request a call back from Broker

Reliance Securities Upstox

Reliance Securities Vs Upstox - Investment Options

Reliance Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Reliance Securities Vs Upstox - Order Type

Reliance Securities Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Reliance Securities Vs Upstox - Research & Report

Reliance Securities Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Reliance Securities Vs Upstox - Daily Market Report

Reliance Securities Upstox
Daily Market Reports & News

Reliance Securities Vs Upstox - Suitable For Investor

Reliance Securities Upstox
Casual Investor
Active Investor
Trader

Reliance Securities Vs Upstox - Pros & Cons

Reliance Securities Upstox
Pros 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. 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.

Reliance Securities Vs Upstox - Background

Reliance Securities Upstox

Reliance Securities Vs Upstox - Compare All Brokers

Reliance Securities Upstox

Reliance Securities Vs Upstox - STT/CTT

Reliance Securities 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 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Reliance Securities Vs Upstox - Demat transaction charges

Reliance Securities Upstox
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Reliance Securities Vs Upstox - GST

Reliance Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Reliance Securities Vs Upstox - SEBI Charges

Reliance Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Reliance Securities Vs Upstox - Account Opening & AMC Charges

Reliance Securities
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time free
₹0 (Free)
Trading Account AMC
₹2500/- life time free
₹0 (Free)
 
Call Back Open Account

Reliance Securities Vs Upstox

Reliance Securities Upstox
 

Reliance Securities Review | Brokerage Charges, Account Opening

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the ..
+ " Vs "+ Upstox
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Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (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.

Read more..
 
 

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.

Reliance Securities Vs Upstox - Brokerage charges & Plans

Reliance Securities Upstox
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% ₹20/ Order or 2.5% (whichever is lower)
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Reliance Securities Vs Upstox - Margin (Exposure)

Reliance Securities Upstox
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery Up to 3 times with 21% interest per year 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Reliance Securities Vs Upstox - Other Charges

Reliance Securities Upstox
RMS Square Off Charge - (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) (₹50 + GST)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.05% ₹20/ Order

Reliance Securities Vs Upstox - STT/CTT

Reliance Securities 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 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Reliance Securities Vs Upstox - Demat transaction charges

Reliance Securities Upstox
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Reliance Securities Vs Upstox - GST

Reliance Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Reliance Securities Vs Upstox - SEBI Charges

Reliance Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Reliance Securities Vs Upstox - Features

Reliance 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 Equity & F&O:- 3:10 PM | Currency: 4:30PM | 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 Tick Pro, Tick Web, Tick pc 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

Reliance Securities

Upstox