Upstox Vs Gill 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.
Gill Broking
Gill 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 Gill Broking - Broker Details
| Upstox | Gill Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2017 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | Zero | 70+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹13 per order |
| Broker Type | Discount Broker | Discount Broker |
Upstox Vs Gill Broking - Account Opening & AMC Charges
| Upstox | Gill Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) only for First Year |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Upstox Vs Gill Broking - Brokerage charges & Plans
| Upstox | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
Upstox Vs Gill Broking - Other Charges
| Upstox | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
Upstox Vs Gill Broking - Transaction Charges
| Upstox | Gill Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | Rate 0.00345% Of Total Turnover value |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) |
Upstox Vs Gill Broking - Margin (Exposure)
| Upstox | Gill Broking | |
|---|---|---|
| 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) | 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 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 Gill Broking - Features
| Upstox | Gill Broking | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Upstox Vs Gill Broking - Review & Rating
| Upstox | Gill Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Gill Broking - Request a call back from Broker
| Upstox | Gill Broking | |
|---|---|---|
Upstox Vs Gill Broking - Investment Options
| Upstox | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Order Type
| Upstox | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Research & Report
| Upstox | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Daily Market Report
| Upstox | Gill Broking | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Gill Broking - Suitable For Investor
| Upstox | Gill Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Gill Broking - Pros & Cons
| Upstox | Gill 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. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. |
| 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 international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees |
Upstox Vs Gill Broking - Background
| Upstox | Gill Broking | |
|---|---|---|
Upstox Vs Gill Broking - Compare All Brokers
| Upstox | Gill Broking | |
|---|---|---|
Upstox Vs Gill Broking - STT/CTT
| Upstox | Gill 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 Gill Broking - Demat transaction charges
| Upstox | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 + Gst per scrip only on sell |
Upstox Vs Gill Broking - GST
| Upstox | Gill 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 Gill Broking - SEBI Charges
| Upstox | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Gill Broking - Account Opening & AMC Charges
Upstox
Gill Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free) only for First Year
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs Gill Broking
| Upstox | Gill 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. |
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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Gill Broking
Gill 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 Gill Broking - Brokerage charges & Plans
| Upstox | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Call Back Open Account |
Upstox Vs Gill Broking - Margin (Exposure)
| Upstox | Gill Broking | |
|---|---|---|
| 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) | 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 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) |
| Call Back Open Account |
Upstox Vs Gill Broking - Other Charges
| Upstox | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
Upstox Vs Gill Broking - STT/CTT
| Upstox | Gill 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 Gill Broking - Demat transaction charges
| Upstox | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 + Gst per scrip only on sell |
Upstox Vs Gill Broking - GST
| Upstox | Gill 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 Gill Broking - SEBI Charges
| Upstox | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Gill Broking - Features
| Upstox | Gill Broking | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |