Upstox Vs NNM Securities
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.
NNM Securities
NNM Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs NNM Securities - Broker Details
| Upstox | NNM Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1950 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 10 paisa |
| Broker Type | Discount Broker | Full service Broker |
Upstox Vs NNM Securities - Account Opening & AMC Charges
| Upstox | NNM Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 |
| Demat Account AMC | ₹0 (Free) | ₹300 /- |
| Trading Account AMC | ₹0 (Free) | N/A |
Upstox Vs NNM Securities - Brokerage charges & Plans
| Upstox | NNM Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 50 paisa |
| Equity Options | ₹20/ Order | 10 paisa |
| Commodity Options | ₹20/ Order | 10 paisa |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Currency Options | ₹20/ Order | 10 paisa |
| Fixed Charges | ₹20/ Order | 10 paisa |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
Upstox Vs NNM Securities - Other Charges
| Upstox | NNM Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 10 paisa |
| Minimum Brokerage | ₹20/ Order | 10 paisa |
Upstox Vs NNM Securities - Transaction Charges
| Upstox | NNM Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.053% on premium value |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 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 Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| 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% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE - 0.00325% | BSE- 0.00375% |
Upstox Vs NNM Securities - Margin (Exposure)
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - Features
| Upstox | NNM Securities | |
|---|---|---|
| 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 & F&O:- 3:25pm | Currency: 4:15PM | 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 |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Upstox Vs NNM Securities - Review & Rating
| Upstox | NNM Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs NNM Securities - Request a call back from Broker
| Upstox | NNM Securities | |
|---|---|---|
Upstox Vs NNM Securities - Investment Options
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - Order Type
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - Research & Report
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - Daily Market Report
| Upstox | NNM Securities | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs NNM Securities - Suitable For Investor
| Upstox | NNM Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs NNM Securities - Pros & Cons
| Upstox | NNM Securities | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Excellent Customer Service and Support 3. Excellent customer service and support, 4. Competitive Pricing and Low Fees 5. Financial Independence |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Upstox Vs NNM Securities - Background
| Upstox | NNM Securities | |
|---|---|---|
Upstox Vs NNM Securities - Compare All Brokers
| Upstox | NNM Securities | |
|---|---|---|
Upstox Vs NNM Securities - STT/CTT
| Upstox | NNM Securities | |
|---|---|---|
| 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 buy & 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 NNM Securities - Demat transaction charges
| Upstox | NNM Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50/ Request + GST |
Upstox Vs NNM Securities - GST
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - SEBI Charges
| Upstox | NNM Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs NNM Securities - Account Opening & AMC Charges
Upstox
NNM Securities
Trading Account Opening Charge
₹0 (Free)
₹0
Demat Account Opening Charge
₹0 (Free)
₹0
Demat Account AMC
₹0 (Free)
₹300 /-
Trading Account AMC
₹0 (Free)
N/A
Upstox Vs NNM Securities
| Upstox | NNM Securities | |
|---|---|---|
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. |
NNM Securities Account Opening Charges and Process Details |
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NNM Securities
NNM Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs NNM Securities - Brokerage charges & Plans
| Upstox | NNM Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 50 paisa |
| Equity Options | ₹20/ Order | 10 paisa |
| Commodity Options | ₹20/ Order | 10 paisa |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Currency Options | ₹20/ Order | 10 paisa |
| Fixed Charges | ₹20/ Order | 10 paisa |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 10 paisa |
| Call Back Open Account |
Upstox Vs NNM Securities - Margin (Exposure)
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - Other Charges
| Upstox | NNM Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 10 paisa |
| Minimum Brokerage | ₹20/ Order | 10 paisa |
Upstox Vs NNM Securities - STT/CTT
| Upstox | NNM Securities | |
|---|---|---|
| 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 buy & 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 NNM Securities - Demat transaction charges
| Upstox | NNM Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50/ Request + GST |
Upstox Vs NNM Securities - GST
| Upstox | NNM Securities | |
|---|---|---|
| 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 NNM Securities - SEBI Charges
| Upstox | NNM Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs NNM Securities - Features
| Upstox | NNM Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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 & F&O:- 3:25pm | Currency: 4:15PM | 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 |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |