Upstox Vs Jainam 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.
Jainam Broking
Jainam Broking Review gives an overall view about the Brokerage Charges, Margin, Trading Software in 2024, Demat Account Charges, Alice Blue Review of Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs Jainam Broking - Broker Details
| Upstox | Jainam Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2003 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 27 |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹18 per completed order |
| Broker Type | Discount Broker | Full Service Broker |
Upstox Vs Jainam Broking - Account Opening & AMC Charges
| Upstox | Jainam Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Upstox Vs Jainam Broking - Brokerage charges & Plans
| Upstox | Jainam Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹18 per completed order |
| Equity Options | ₹20/ Order | ₹18 per completed order |
| Commodity Options | ₹20/ Order | ₹18 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Currency Options | ₹20/ Order | ₹18 per completed order |
| Fixed Charges | ₹20/ Order | ₹18 per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
Upstox Vs Jainam Broking - Other Charges
| Upstox | Jainam Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹70 + 18 Brokerage per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹70 + 18 Brokerage per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹18 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per completed order |
Upstox Vs Jainam Broking - Transaction Charges
| Upstox | Jainam Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | CD BSE: 0.001% | CD NSE: 0.035% |
| 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: 0.00345% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.05% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX: 0.0026% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | CD NSE: 0.00095% | CD BSE: 0.00022% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00325% | BSE: 0.00345% |
Upstox Vs Jainam Broking - Margin (Exposure)
| Upstox | Jainam Broking | |
|---|---|---|
| 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) |
Upstox Vs Jainam Broking - Features
| Upstox | Jainam 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 :03:15 PM | Currency: 4:45 PM | Commodities: 11:00 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. Jainam Space, 2.Jainam Pro, 3. Jainam Duck |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Upstox Vs Jainam Broking - Review & Rating
| Upstox | Jainam Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Jainam Broking - Request a call back from Broker
| Upstox | Jainam Broking | |
|---|---|---|
Upstox Vs Jainam Broking - Investment Options
| Upstox | Jainam 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 Jainam Broking - Order Type
| Upstox | Jainam 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 Jainam Broking - Research & Report
| Upstox | Jainam 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 Jainam Broking - Daily Market Report
| Upstox | Jainam Broking | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Jainam Broking - Suitable For Investor
| Upstox | Jainam Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Jainam Broking - Pros & Cons
| Upstox | Jainam 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.Expertise in the market, 2. Range of services, 3, Low Brokerage Charges, 4. Trustworthy broker, 5. Research and Analysis available, 6. Strong Network. |
| 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 Investment option, 2. Regulatory Compliance, 3. Lack of transparency, 4. Limited accessibility, 5. Call and Trade services are provided at an extra charge. |
Upstox Vs Jainam Broking - Background
| Upstox | Jainam Broking | |
|---|---|---|
Upstox Vs Jainam Broking - Compare All Brokers
| Upstox | Jainam Broking | |
|---|---|---|
Upstox Vs Jainam Broking - STT/CTT
| Upstox | Jainam Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on 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 | 0.0625% on 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Jainam Broking - Demat transaction charges
| Upstox | Jainam Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
Upstox Vs Jainam Broking - GST
| Upstox | Jainam 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 Jainam Broking - SEBI Charges
| Upstox | Jainam Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹15/Crore |
Upstox Vs Jainam Broking - Account Opening & AMC Charges
Upstox
Jainam Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs Jainam Broking
| Upstox | Jainam 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. |
Jainam Broking Limited Review 2024 |
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Jainam Broking
Jainam Broking Review gives an overall view about the Brokerage Charges, Margin, Trading Software in 2024, Demat Account Charges, Alice Blue Review of Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs Jainam Broking - Brokerage charges & Plans
| Upstox | Jainam Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹18 per completed order |
| Equity Options | ₹20/ Order | ₹18 per completed order |
| Commodity Options | ₹20/ Order | ₹18 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Currency Options | ₹20/ Order | ₹18 per completed order |
| Fixed Charges | ₹20/ Order | ₹18 per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per completed order |
| Call Back Open Account |
Upstox Vs Jainam Broking - Margin (Exposure)
| Upstox | Jainam Broking | |
|---|---|---|
| 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) |
| Call Back Open Account |
Upstox Vs Jainam Broking - Other Charges
| Upstox | Jainam Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹70 + 18 Brokerage per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹70 + 18 Brokerage per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹18 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per completed order |
Upstox Vs Jainam Broking - STT/CTT
| Upstox | Jainam Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on 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 | 0.0625% on 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Jainam Broking - Demat transaction charges
| Upstox | Jainam Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
Upstox Vs Jainam Broking - GST
| Upstox | Jainam 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 Jainam Broking - SEBI Charges
| Upstox | Jainam Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹15/Crore |
Upstox Vs Jainam Broking - Features
| Upstox | Jainam Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| 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 :03:15 PM | Currency: 4:45 PM | Commodities: 11:00 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. Jainam Space, 2.Jainam Pro, 3. Jainam Duck |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |