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Comparision (Upstox VS Maitra)

 

Upstox Vs Maitra

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.

Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Upstox Vs Maitra - Broker Details

Upstox Maitra
Single Margin Facility
Year of Incorporation 2009 2012
Exchanges BSE, NSE and MCX NSE, BSE and MCX
Branches Zero N/A
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹5/Lot Or ₹20/Order
Broker Type Discount Broker Full Service Broker

Upstox Vs Maitra - Account Opening & AMC Charges

Upstox Maitra
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹400 + 18% GST
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Maitra - Brokerage charges & Plans

Upstox Maitra
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹5/Lot Or ₹20/Order
Equity Options ₹20/ Order ₹5/Lot Or ₹20/Order
Commodity Options ₹20/ Order ₹5/Lot Or ₹20/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Currency Options ₹20/ Order ₹5/Lot Or ₹20/Order
Fixed Charges ₹20/ Order ₹5/Lot Or ₹20/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order

Upstox Vs Maitra - Other Charges

Upstox Maitra
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹5/Lot Or ₹20/Order
Minimum Brokerage ₹20/ Order ₹5/Lot Or ₹20/Order

Upstox Vs Maitra - Transaction Charges

Upstox Maitra
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% 0.053%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% 0.0019%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.00325%
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% 0.05%
Commodity Non-Agri: Exchange turnover charge: 0.0026% 0.0026%
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% 0.0026%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.00325%

Upstox Vs Maitra - Margin (Exposure)

Upstox Maitra
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 (no margin)
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 Maitra - Features

Upstox Maitra
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: 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Maitra - Review & Rating

Upstox Maitra
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Maitra - Request a call back from Broker

Upstox Maitra

Upstox Vs Maitra - Investment Options

Upstox Maitra
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Maitra - Order Type

Upstox Maitra
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 Maitra - Research & Report

Upstox Maitra
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Maitra - Daily Market Report

Upstox Maitra
Daily Market Reports & News

Upstox Vs Maitra - Suitable For Investor

Upstox Maitra
Casual Investor
Active Investor
Trader

Upstox Vs Maitra - Pros & Cons

Upstox Maitra
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 Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed.
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 Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support.

Upstox Vs Maitra - Background

Upstox Maitra

Upstox Vs Maitra - Compare All Brokers

Upstox Maitra

Upstox Vs Maitra - STT/CTT

Upstox Maitra
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01%
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%
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 Maitra - Demat transaction charges

Upstox Maitra
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 Maitra - GST

Upstox Maitra
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 Maitra - SEBI Charges

Upstox Maitra
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Maitra - Account Opening & AMC Charges

Upstox
Maitra
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Upstox Vs Maitra

Upstox Maitra
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

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.

+ " Vs "+ Maitra
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Maitra Account Opening Process, Charges, and Required Documents Details

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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Upstox Vs Maitra - Brokerage charges & Plans

Upstox Maitra
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹5/Lot Or ₹20/Order
Equity Options ₹20/ Order ₹5/Lot Or ₹20/Order
Commodity Options ₹20/ Order ₹5/Lot Or ₹20/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Currency Options ₹20/ Order ₹5/Lot Or ₹20/Order
Fixed Charges ₹20/ Order ₹5/Lot Or ₹20/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹5/Lot Or ₹20/Order
Call Back Open Account

Upstox Vs Maitra - Margin (Exposure)

Upstox Maitra
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 (no margin)
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 Maitra - Other Charges

Upstox Maitra
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹5/Lot Or ₹20/Order
Minimum Brokerage ₹20/ Order ₹5/Lot Or ₹20/Order

Upstox Vs Maitra - STT/CTT

Upstox Maitra
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01%
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%
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 Maitra - Demat transaction charges

Upstox Maitra
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 Maitra - GST

Upstox Maitra
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 Maitra - SEBI Charges

Upstox Maitra
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Maitra - Features

Upstox Maitra
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: 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Maitra