Definedge Securities Vs Upstox
Definedge 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.
Definedge Securities Vs Upstox - Broker Details
| Definedge Securities | Upstox | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2015 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE and MCX |
| Branches | 270 | Zero |
| Brokerage | ₹18 per executed order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Definedge Securities Vs Upstox - Account Opening & AMC Charges
| Definedge Securities | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs Upstox - Brokerage charges & Plans
| Definedge Securities | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
Definedge Securities Vs Upstox - Other Charges
| Definedge Securities | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | (₹50 + GST) |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs Upstox - Transaction Charges
| Definedge Securities | Upstox | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Definedge Securities Vs Upstox - Margin (Exposure)
| Definedge Securities | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs Upstox - Features
| Definedge Securities | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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 |
|
|
Definedge Securities Vs Upstox - Review & Rating
| Definedge Securities | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Definedge Securities Vs Upstox - Request a call back from Broker
| Definedge Securities | Upstox | |
|---|---|---|
Definedge Securities Vs Upstox - Investment Options
| Definedge Securities | Upstox | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Definedge Securities Vs Upstox - Order Type
| Definedge Securities | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Definedge Securities Vs Upstox - Research & Report
| Definedge Securities | Upstox | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Definedge Securities Vs Upstox - Daily Market Report
| Definedge Securities | Upstox | |
|---|---|---|
| Daily Market Reports & News |
|
|
Definedge Securities Vs Upstox - Suitable For Investor
| Definedge Securities | Upstox | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Definedge Securities Vs Upstox - Pros & Cons
| Definedge Securities | Upstox | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs Upstox - Background
| Definedge Securities | Upstox | |
|---|---|---|
Definedge Securities Vs Upstox - Compare All Brokers
| Definedge Securities | Upstox | |
|---|---|---|
Definedge Securities Vs Upstox - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs Upstox - Demat transaction charges
| Definedge Securities | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Definedge Securities Vs Upstox - GST
| Definedge Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Definedge Securities Vs Upstox - SEBI Charges
| Definedge Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Definedge Securities Vs Upstox - Account Opening & AMC Charges
Definedge Securities
Upstox
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs Upstox
| Definedge Securities | Upstox | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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. |
|
|
|
|
|
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.
Definedge Securities Vs Upstox - Brokerage charges & Plans
| Definedge Securities | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Definedge Securities Vs Upstox - Margin (Exposure)
| Definedge Securities | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs Upstox - Other Charges
| Definedge Securities | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | (₹50 + GST) |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs Upstox - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs Upstox - Demat transaction charges
| Definedge Securities | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Definedge Securities Vs Upstox - GST
| Definedge Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Definedge Securities Vs Upstox - SEBI Charges
| Definedge Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Definedge Securities Vs Upstox - Features
| Definedge Securities | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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 |
|
|