IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Upstox VS Reliance Securities)

 

Upstox Vs Reliance Securities

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Reliance Securities - Broker Details

Upstox Reliance Securities
Single Margin Facility NO
Year of Incorporation 2012 2005
Exchanges BSE, NSE and MCX NSE, BSE&MCX-SX, NCDEX, NMCE
Branches 45 1460+
Brokerage Rs.20/Order or 0.05% 0.04%
Broker Type Discount Broker Full service Broker
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Account Opening & AMC Charges

Upstox Reliance Securities
Trading Account Opening Charge Rs.249
Demat Account Opening Charge ₹0 (Free)
Demat Account AMC Rs.300/yearly 2500/- life time free
Trading Account AMC Rs.0 (Free) 2500/- life time free
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Brokerage charges & Plans

Upstox Reliance Securities
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Equity Delivery Zero brokerage 0.4%
Equity Options Flat Rs. 20 per executed order. Rs.100 per lot
Commodity Options Flat Rs. 20 per executed order. Rs.100 per lot
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Currency Options Flat Rs. 20 per executed order. Rs.100 per lot
Fixed Charges Rs. 20/Order 0.04%
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.4%
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Other Charges

Upstox Reliance Securities
RMS Square Off Charge Rs. 20 per order+ GST
API Charges ₹ 750 * per month
Call & Trade Charges Rs. 20 per order+ GST
Other Brokerage Charges Rs.20/Order or 0.05% 0.04%
Minimum Brokerage Rs.20/order 0.04%
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Transaction Charges

Upstox Reliance Securities
Currency Options NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE: 0.04174%
Equity Futures NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% NSE: 0.0009% BSE: 0.0005%
Equity Intraday NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: 0.0032% BSE: 0.003%
Equity Options NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% NSE: 0.05% BSE: 0.0005% (On premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% Group A: 0.0026% PEPPER - 0.00005% CASTORSEED – 0.0005% RBDPMOLEIN – 0.001%
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%
Equity Delivery NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: 0.0032% BSE: 0.00275%
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Margin (Exposure)

Upstox Reliance Securities
Equity Options Option Sell: Basic: 3x | Priority: 4x | Nil
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 10 times
Currency Options Basic: 3x | Priority: 4x
Commodity Options 2 times NA
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x NA
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery No extra margins provided Up to 3 times with 21% interest per year
Currency Futures Basic:3x | Priority:4x | Nil
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 3 times
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Features

Upstox Reliance Securities
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 3:15
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.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Review & Rating

Upstox Reliance Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Upstox is rated 3.9 of 5
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Request a call back from Broker

Upstox Reliance Securities
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Investment Options

Upstox Reliance Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Order Type

Upstox Reliance Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Research & Report

Upstox Reliance Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Daily Market Report

Upstox Reliance Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Suitable For Investor

Upstox Reliance Securities
Casual Investor
Active Investor
Trader
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Pros & Cons

Upstox Reliance Securities
Pros • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package. 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers.
Cons • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades. 1. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm.
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Background

Upstox Reliance Securities
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Compare All Brokers

Upstox Reliance Securities
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Account Opening & AMC Charges

Upstox
Reliance Securities
Trading Account Opening Charge
Rs.249
Demat Account Opening Charge
₹0 (Free)
Demat Account AMC
Rs.300/yearly
2500/- life time free
Trading Account AMC
Rs.0 (Free)
2500/- life time free

Upstox Vs Reliance Securities

Upstox Reliance Securities
 

Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account + " Vs "+ Reliance Securities

Reliance Securities NRI Account Opening, Charges, Services Review

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to th ..
 
 

Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Reliance Securities - Brokerage charges & Plans

Upstox Reliance Securities
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Equity Delivery Zero brokerage 0.4%
Equity Options Flat Rs. 20 per executed order. Rs.100 per lot
Commodity Options Flat Rs. 20 per executed order. Rs.100 per lot
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04%
Currency Options Flat Rs. 20 per executed order. Rs.100 per lot
Fixed Charges Rs. 20/Order 0.04%
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.4%
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Margin (Exposure)

Upstox Reliance Securities
Equity Options Option Sell: Basic: 3x | Priority: 4x | Nil
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 10 times
Currency Options Basic: 3x | Priority: 4x
Commodity Options 2 times NA
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x NA
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery No extra margins provided Up to 3 times with 21% interest per year
Currency Futures Basic:3x | Priority:4x | Nil
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 3 times
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Other Charges

Upstox Reliance Securities
RMS Square Off Charge Rs. 20 per order+ GST
API Charges ₹ 750 * per month
Call & Trade Charges Rs. 20 per order+ GST
Other Brokerage Charges Rs.20/Order or 0.05% 0.04%
Minimum Brokerage Rs.20/order 0.04%
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Upstox Vs Reliance Securities - Features

Upstox Reliance Securities
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 3:15
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.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Upstox   Open Account Enquiry with Reliance Securities   Open Account

Reliance Securities