Sushil Finance Vs Upstox
Sushil Finance
Sushil Finance 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.
Sushil Finance Vs Upstox - Broker Details
| Sushil Finance | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1982 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 367 | Zero |
| Brokerage | 0.03% | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Sushil Finance Vs Upstox - Account Opening & AMC Charges
| Sushil Finance | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + GST per year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Sushil Finance Vs Upstox - Brokerage charges & Plans
| Sushil Finance | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.35% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹60 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹60 per lot | ₹20/ Order |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
Sushil Finance Vs Upstox - Other Charges
| Sushil Finance | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | 0.03% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Sushil Finance Vs Upstox - Transaction Charges
| Sushil Finance | Upstox | |
|---|---|---|
| Currency Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE:200 Per Cr | BSE:FREE | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Sushil Finance Vs Upstox - Margin (Exposure)
| Sushil Finance | 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) |
Sushil Finance Vs Upstox - Features
| Sushil Finance | 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 & F&O:- 3:20pm | Currency: 4:15 PM | Commodities: 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. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading 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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Sushil Finance Vs Upstox - Review & Rating
| Sushil Finance | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sushil Finance Vs Upstox - Request a call back from Broker
| Sushil Finance | Upstox | |
|---|---|---|
Sushil Finance Vs Upstox - Investment Options
| Sushil Finance | 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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Sushil Finance Vs Upstox - Order Type
| Sushil Finance | 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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Sushil Finance Vs Upstox - Research & Report
| Sushil Finance | 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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Sushil Finance Vs Upstox - Daily Market Report
| Sushil Finance | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Sushil Finance Vs Upstox - Suitable For Investor
| Sushil Finance | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sushil Finance Vs Upstox - Pros & Cons
| Sushil Finance | Upstox | |
|---|---|---|
| Pros | 1. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. | 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. | 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. |
Sushil Finance Vs Upstox - Background
| Sushil Finance | Upstox | |
|---|---|---|
Sushil Finance Vs Upstox - Compare All Brokers
| Sushil Finance | Upstox | |
|---|---|---|
Sushil Finance Vs Upstox - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sushil Finance Vs Upstox - Demat transaction charges
| Sushil Finance | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Sushil Finance Vs Upstox - GST
| Sushil Finance | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Sushil Finance Vs Upstox - SEBI Charges
| Sushil Finance | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Sushil Finance Vs Upstox - Account Opening & AMC Charges
Sushil Finance
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + GST per year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Sushil Finance Vs Upstox
| Sushil Finance | Upstox | |
|---|---|---|
Sushil Finance Account Opening Charges and Required Documents 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.
Sushil Finance Vs Upstox - Brokerage charges & Plans
| Sushil Finance | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.35% | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹60 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹60 per lot | ₹20/ Order |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Sushil Finance Vs Upstox - Margin (Exposure)
| Sushil Finance | 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) |
Sushil Finance Vs Upstox - Other Charges
| Sushil Finance | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | 0.03% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Sushil Finance Vs Upstox - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Sushil Finance Vs Upstox - Demat transaction charges
| Sushil Finance | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Sushil Finance Vs Upstox - GST
| Sushil Finance | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Sushil Finance Vs Upstox - SEBI Charges
| Sushil Finance | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Sushil Finance Vs Upstox - Features
| Sushil Finance | 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:- 3:20pm | Currency: 4:15 PM | Commodities: 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. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading 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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