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.
NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Upstox Vs Elite Wealth - Margin (Exposure)
Upstox
Elite Wealth
Equity Options
Option Sell: 1x | Option Buying: No Margin
1x (100% of Normal 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 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 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 (100% of Normal margin (Span + Exposure))
Upstox Vs Elite Wealth - Features
Upstox
Elite Wealth
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
Upstox Vs Elite Wealth - Request a call back from Broker
Upstox
Elite Wealth
Upstox Vs Elite Wealth - Investment Options
Upstox
Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Upstox Vs Elite Wealth - Order Type
Upstox
Elite Wealth
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 Elite Wealth - Research & Report
Upstox
Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Upstox Vs Elite Wealth - Daily Market Report
Upstox
Elite Wealth
Daily Market Reports & News
Upstox Vs Elite Wealth - Suitable For Investor
Upstox
Elite Wealth
Casual Investor
Active Investor
Trader
Upstox Vs Elite Wealth - Pros & Cons
Upstox
Elite Wealth
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 is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.
Upstox Vs Elite Wealth - Background
Upstox
Elite Wealth
Upstox Vs Elite Wealth - Compare All Brokers
Upstox
Elite Wealth
Upstox Vs Elite Wealth - STT/CTT
Upstox
Elite Wealth
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 Sell
Equity Options
0.05% only on sell
0.05% on Sell (on Premium)
Currency Options
No STT
No STT
Equity Delivery
0.1% on both buy & sell
0.1% on both buy & Sell
Equity Futures
0.01% only on sell
0.01 % on Sell
Commodity Options
0.05% on sell trade
0.05% on Sell Side
Upstox Vs Elite Wealth - Demat transaction charges
Upstox
Elite Wealth
Equity Demat Transaction Charges
Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
No Charges
Upstox Vs Elite Wealth - GST
Upstox
Elite Wealth
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 Elite Wealth - SEBI Charges
Upstox
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore
₹10/Crore
Upstox Vs Elite Wealth - Account Opening & AMC Charges
Upstox
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
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.
Upstox Vs Elite Wealth - Demat transaction charges
Upstox
Elite Wealth
Equity Demat Transaction Charges
Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
No Charges
Upstox Vs Elite Wealth - GST
Upstox
Elite Wealth
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 Elite Wealth - SEBI Charges
Upstox
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore
₹10/Crore
Upstox Vs Elite Wealth - Features
Upstox
Elite Wealth
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