Sernet Financial Vs Upstox
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
Sernet Financial Vs Upstox - Broker Details
| Sernet Financial | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2009 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | NA | Zero |
| Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Sernet Financial Vs Upstox - Account Opening & AMC Charges
| Sernet Financial | Upstox | |
|---|---|---|
| Trading Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account AMC | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
| Trading Account AMC | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
Sernet Financial Vs Upstox - Brokerage charges & Plans
| Sernet Financial | Upstox | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
Sernet Financial Vs Upstox - Other Charges
| Sernet Financial | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | (₹50 + GST) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
Sernet Financial Vs Upstox - Transaction Charges
| Sernet Financial | Upstox | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Exchange txn charge: 0.05% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | 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: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Sernet Financial Vs Upstox - Margin (Exposure)
| Sernet Financial | 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 (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) |
Sernet Financial Vs Upstox - Features
| Sernet Financial | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 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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Sernet Financial Vs Upstox - Review & Rating
| Sernet Financial | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sernet Financial Vs Upstox - Request a call back from Broker
| Sernet Financial | Upstox | |
|---|---|---|
Sernet Financial Vs Upstox - Investment Options
| Sernet Financial | 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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Sernet Financial Vs Upstox - Order Type
| Sernet Financial | 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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Sernet Financial Vs Upstox - Research & Report
| Sernet Financial | 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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Sernet Financial Vs Upstox - Daily Market Report
| Sernet Financial | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Sernet Financial Vs Upstox - Suitable For Investor
| Sernet Financial | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sernet Financial Vs Upstox - Pros & Cons
| Sernet Financial | Upstox | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. | 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 Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. | 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. |
Sernet Financial Vs Upstox - Background
| Sernet Financial | Upstox | |
|---|---|---|
Sernet Financial Vs Upstox - Compare All Brokers
| Sernet Financial | Upstox | |
|---|---|---|
Sernet Financial Vs Upstox - STT/CTT
| Sernet Financial | Upstox | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sernet Financial Vs Upstox - Demat transaction charges
| Sernet Financial | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Sernet Financial Vs Upstox - GST
| Sernet Financial | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Sernet Financial Vs Upstox - SEBI Charges
| Sernet Financial | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Sernet Financial Vs Upstox - Account Opening & AMC Charges
Sernet Financial
Upstox
Trading Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account AMC
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Trading Account AMC
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Sernet Financial Vs Upstox
| Sernet Financial | Upstox | |
|---|---|---|
Sernet Financial Account Opening Process and Charges Details |
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.
Sernet Financial Vs Upstox - Brokerage charges & Plans
| Sernet Financial | Upstox | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Sernet Financial Vs Upstox - Margin (Exposure)
| Sernet Financial | 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 (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) |
Sernet Financial Vs Upstox - Other Charges
| Sernet Financial | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | (₹50 + GST) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/ Order |
Sernet Financial Vs Upstox - STT/CTT
| Sernet Financial | Upstox | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sernet Financial Vs Upstox - Demat transaction charges
| Sernet Financial | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Sernet Financial Vs Upstox - GST
| Sernet Financial | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Sernet Financial Vs Upstox - SEBI Charges
| Sernet Financial | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Sernet Financial Vs Upstox - Features
| Sernet Financial | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 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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