Upstox Vs 9Star Broking
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.
9Star Broking
9Star Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs 9Star Broking - Broker Details
| Upstox | 9Star Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 2004 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 128 |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.04% |
| Broker Type | Discount Broker | Full Service Broker |
Upstox Vs 9Star Broking - Account Opening & AMC Charges
| Upstox | 9Star Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Rs. 300 + Taxes for Individual (Yearly) Rs. 600 + Taxes for Non-Individual and Others (Yearly) |
| Trading Account AMC | ₹0 (Free) | N/A |
Upstox Vs 9Star Broking - Brokerage charges & Plans
| Upstox | 9Star Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.35% |
| Equity Options | ₹20/ Order | 0.05% or upto ₹20 |
| Commodity Options | ₹20/ Order | NA |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Currency Options | ₹20/ Order | Rs.20 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
Upstox Vs 9Star Broking - Other Charges
| Upstox | 9Star Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
Upstox Vs 9Star Broking - Transaction Charges
| Upstox | 9Star Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.042% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00325% | BSE: 0.003% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.05% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Mcx: .0028% | NCDEX: .006 % | ICEX: .003% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.0012% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | BSE: 0.003% | NSE: 0.00325% |
Upstox Vs 9Star Broking - Margin (Exposure)
| Upstox | 9Star Broking | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
Upstox Vs 9Star Broking - Features
| Upstox | 9Star Broking | |
|---|---|---|
| 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 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 | Equity & F&O:- 3:20 PM | Currency 4:20 PM | Commodity:- 11:15 PM |
| Trading Platform | 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 | 1. 9Star Trader, 2. 9 Star Connect, 3. 9 Star Backoffice, 4.9 Star Wealth |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Upstox Vs 9Star Broking - Review & Rating
| Upstox | 9Star Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs 9Star Broking - Request a call back from Broker
| Upstox | 9Star Broking | |
|---|---|---|
Upstox Vs 9Star Broking - Investment Options
| Upstox | 9Star Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Upstox Vs 9Star Broking - Order Type
| Upstox | 9Star Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Upstox Vs 9Star Broking - Research & Report
| Upstox | 9Star Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Upstox Vs 9Star Broking - Daily Market Report
| Upstox | 9Star Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Upstox Vs 9Star Broking - Suitable For Investor
| Upstox | 9Star Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Upstox Vs 9Star Broking - Pros & Cons
| Upstox | 9Star Broking | |
|---|---|---|
| Pros | 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. | 1.It charges low brokerage. 2.It provides the best trading terminal to its customers. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5. Quick resolution of issues is crucial in the dynamic world of trading. 6. Diverse Investment Options. |
| Cons | 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. | 1. High Minimum Investment Requirements 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Customer Service Challenges. 5. Kedia Capital does not cover a broad spectrum of financial instruments or lacks certain investment options. |
Upstox Vs 9Star Broking - Background
| Upstox | 9Star Broking | |
|---|---|---|
Upstox Vs 9Star Broking - Compare All Brokers
| Upstox | 9Star Broking | |
|---|---|---|
Upstox Vs 9Star Broking - STT/CTT
| Upstox | 9Star Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on the sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on the sell side |
Upstox Vs 9Star Broking - Demat transaction charges
| Upstox | 9Star Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 per request |
Upstox Vs 9Star Broking - GST
| Upstox | 9Star Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
Upstox Vs 9Star Broking - SEBI Charges
| Upstox | 9Star Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs 9Star Broking - Account Opening & AMC Charges
Upstox
9Star Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Rs. 300 + Taxes for Individual (Yearly) Rs. 600 + Taxes for Non-Individual and Others (Yearly)
Trading Account AMC
₹0 (Free)
N/A
Upstox Vs 9Star Broking
| Upstox | 9Star Broking | |
|---|---|---|
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. |
9Star Broking Account Opening Charges and Process Details |
|
|
|
|
|
9Star Broking
9Star Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs 9Star Broking - Brokerage charges & Plans
| Upstox | 9Star Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.35% |
| Equity Options | ₹20/ Order | 0.05% or upto ₹20 |
| Commodity Options | ₹20/ Order | NA |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Currency Options | ₹20/ Order | Rs.20 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Call Back Open Account |
Upstox Vs 9Star Broking - Margin (Exposure)
| Upstox | 9Star Broking | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Upstox Vs 9Star Broking - Other Charges
| Upstox | 9Star Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
Upstox Vs 9Star Broking - STT/CTT
| Upstox | 9Star Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on the sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on the sell side |
Upstox Vs 9Star Broking - Demat transaction charges
| Upstox | 9Star Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 per request |
Upstox Vs 9Star Broking - GST
| Upstox | 9Star Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
Upstox Vs 9Star Broking - SEBI Charges
| Upstox | 9Star Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs 9Star Broking - Features
| Upstox | 9Star Broking | |
|---|---|---|
| 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 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 | Equity & F&O:- 3:20 PM | Currency 4:20 PM | Commodity:- 11:15 PM |
| Trading Platform | 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 | 1. 9Star Trader, 2. 9 Star Connect, 3. 9 Star Backoffice, 4.9 Star Wealth |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |