Balaji Equities Ltd Vs Upstox
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Balaji Equities Ltd Vs Upstox - Broker Details
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Single Margin Facility | Yes |
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| Year of Incorporation | 2000 | 2009 |
| Exchanges | NSE, BSE, MCX | BSE, NSE and MCX |
| Branches | N/A | Zero |
| Brokerage | 2.5% | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Balaji Equities Ltd Vs Upstox - Account Opening & AMC Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Balaji Equities Ltd Vs Upstox - Brokerage charges & Plans
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | N/A | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
Balaji Equities Ltd Vs Upstox - Other Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | 2.5% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs Upstox - Transaction Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Currency Options | NSE : 0.046% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | 0.01% on Sell Side | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE : 0.00135% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Balaji Equities Ltd Vs Upstox - Margin (Exposure)
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 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) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Upstox - Features
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| 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 | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | 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 |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 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 |
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| Direct Mutual Fund |
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Balaji Equities Ltd Vs Upstox - Review & Rating
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Balaji Equities Ltd Vs Upstox - Request a call back from Broker
| Balaji Equities Ltd | Upstox | |
|---|---|---|
Balaji Equities Ltd Vs Upstox - Investment Options
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| 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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Balaji Equities Ltd Vs Upstox - Order Type
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| 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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Balaji Equities Ltd Vs Upstox - Research & Report
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| 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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Balaji Equities Ltd Vs Upstox - Daily Market Report
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Balaji Equities Ltd Vs Upstox - Suitable For Investor
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Balaji Equities Ltd Vs Upstox - Pros & Cons
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 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. |
| Cons | 1. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 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. |
Balaji Equities Ltd Vs Upstox - Background
| Balaji Equities Ltd | Upstox | |
|---|---|---|
Balaji Equities Ltd Vs Upstox - Compare All Brokers
| Balaji Equities Ltd | Upstox | |
|---|---|---|
Balaji Equities Ltd Vs Upstox - STT/CTT
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Balaji Equities Ltd Vs Upstox - Demat transaction charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Balaji Equities Ltd Vs Upstox - GST
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Balaji Equities Ltd Vs Upstox - SEBI Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Balaji Equities Ltd Vs Upstox - Account Opening & AMC Charges
Balaji Equities Ltd
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs Upstox
| Balaji Equities Ltd | Upstox | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
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. |
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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.
Balaji Equities Ltd Vs Upstox - Brokerage charges & Plans
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | N/A | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Balaji Equities Ltd Vs Upstox - Margin (Exposure)
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 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) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Upstox - Other Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | 2.5% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs Upstox - STT/CTT
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Balaji Equities Ltd Vs Upstox - Demat transaction charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Balaji Equities Ltd Vs Upstox - GST
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Balaji Equities Ltd Vs Upstox - SEBI Charges
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Balaji Equities Ltd Vs Upstox - Features
| Balaji Equities Ltd | Upstox | |
|---|---|---|
| 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 | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | 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 |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 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 |
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| Direct Mutual Fund |
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