Upstox Vs Balaji Equities Ltd
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.
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Balaji Equities Ltd - Broker Details
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Single Margin Facility |
|
Yes |
| Year of Incorporation | 2009 | 2000 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 2.5% |
| Broker Type | Discount Broker | Discount Broker |
Upstox Vs Balaji Equities Ltd - Account Opening & AMC Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹500/- |
| Demat Account AMC | ₹0 (Free) | ₹300 per year |
| Trading Account AMC | ₹0 (Free) | NA |
Upstox Vs Balaji Equities Ltd - Brokerage charges & Plans
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
Upstox Vs Balaji Equities Ltd - Other Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
Upstox Vs Balaji Equities Ltd - Transaction Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE : 0.046% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | 0.01% on Sell Side |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE : 0.00325% | BSE : 0.00275% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | 0.05% on Sell Side(on Premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE : 0.00135% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE : 0.00325% | BSE : 0.00275% |
Upstox Vs Balaji Equities Ltd - Margin (Exposure)
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| 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)1x (100% of NRML margin (Span + Exposure) |
Upstox Vs Balaji Equities Ltd - Features
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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:- 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| 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. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Upstox Vs Balaji Equities Ltd - Review & Rating
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Balaji Equities Ltd - Request a call back from Broker
| Upstox | Balaji Equities Ltd | |
|---|---|---|
Upstox Vs Balaji Equities Ltd - Investment Options
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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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Upstox Vs Balaji Equities Ltd - Order Type
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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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Upstox Vs Balaji Equities Ltd - Research & Report
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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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Upstox Vs Balaji Equities Ltd - Daily Market Report
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Balaji Equities Ltd - Suitable For Investor
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Balaji Equities Ltd - Pros & Cons
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. |
| 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. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. |
Upstox Vs Balaji Equities Ltd - Background
| Upstox | Balaji Equities Ltd | |
|---|---|---|
Upstox Vs Balaji Equities Ltd - Compare All Brokers
| Upstox | Balaji Equities Ltd | |
|---|---|---|
Upstox Vs Balaji Equities Ltd - STT/CTT
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| 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 Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Balaji Equities Ltd - Demat transaction charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50 per order |
Upstox Vs Balaji Equities Ltd - GST
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Upstox Vs Balaji Equities Ltd - SEBI Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Upstox Vs Balaji Equities Ltd - Account Opening & AMC Charges
Upstox
Balaji Equities Ltd
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹500/-
Demat Account AMC
₹0 (Free)
₹300 per year
Trading Account AMC
₹0 (Free)
NA
Upstox Vs Balaji Equities Ltd
| Upstox | Balaji Equities Ltd | |
|---|---|---|
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. |
Balaji Equities Ltd Account Opening Process and Charges Detail |
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Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Balaji Equities Ltd - Brokerage charges & Plans
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Call Back Open Account |
Upstox Vs Balaji Equities Ltd - Margin (Exposure)
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| 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)1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Upstox Vs Balaji Equities Ltd - Other Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
Upstox Vs Balaji Equities Ltd - STT/CTT
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| 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 Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Balaji Equities Ltd - Demat transaction charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50 per order |
Upstox Vs Balaji Equities Ltd - GST
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Upstox Vs Balaji Equities Ltd - SEBI Charges
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Upstox Vs Balaji Equities Ltd - Features
| Upstox | Balaji Equities Ltd | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| 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. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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| Call Back Open Account |