Swastika Investmart Vs Upstox
Swastika Investmart
Swastika Investmart 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.
Swastika Investmart Vs Upstox - Broker Details
| Swastika Investmart | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 102+ | Zero |
| Brokerage | 0.03% per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Swastika Investmart Vs Upstox - Account Opening & AMC Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹0 (Free) |
| Trading Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹0 (Free) |
Swastika Investmart Vs Upstox - Brokerage charges & Plans
| Swastika Investmart | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.30% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
Swastika Investmart Vs Upstox - Other Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
Swastika Investmart Vs Upstox - Transaction Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.002% | BSE: 0.0005% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.003% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.053% | BSE: 0.025% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | 0.003100% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | 0.003100% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.003% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Swastika Investmart Vs Upstox - Margin (Exposure)
| Swastika Investmart | 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) |
Swastika Investmart Vs Upstox - Features
| Swastika Investmart | 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: 3:20 PM | Equity F&O : 3:25 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. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 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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Swastika Investmart Vs Upstox - Review & Rating
| Swastika Investmart | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Swastika Investmart Vs Upstox - Request a call back from Broker
| Swastika Investmart | Upstox | |
|---|---|---|
Swastika Investmart Vs Upstox - Investment Options
| Swastika Investmart | 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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Swastika Investmart Vs Upstox - Order Type
| Swastika Investmart | 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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Swastika Investmart Vs Upstox - Research & Report
| Swastika Investmart | 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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Swastika Investmart Vs Upstox - Daily Market Report
| Swastika Investmart | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Swastika Investmart Vs Upstox - Suitable For Investor
| Swastika Investmart | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Swastika Investmart Vs Upstox - Pros & Cons
| Swastika Investmart | Upstox | |
|---|---|---|
| Pros | 1. Swastika Investmart offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Swastika Investmart offers robust research and analysis services, 4. They have a strong presence and reputation in the industry, 5. Swastika Investmart offers personalized customer support and assistance. | 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. Swastika Investmart may have higher account opening fees or maintenance charges, 2. They might have limited availability in certain regions or cities, 3. Swastika Investmart may have higher brokerage charges for certain investment options, 4. They might have limited educational resources or investor education programs, 5. Swastika Investmart may not offer advanced trading tools or features compared to other brokers. | 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. |
Swastika Investmart Vs Upstox - Background
| Swastika Investmart | Upstox | |
|---|---|---|
Swastika Investmart Vs Upstox - Compare All Brokers
| Swastika Investmart | Upstox | |
|---|---|---|
Swastika Investmart Vs Upstox - STT/CTT
| Swastika Investmart | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
Swastika Investmart Vs Upstox - Demat transaction charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Swastika Investmart Vs Upstox - GST
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Swastika Investmart Vs Upstox - SEBI Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Swastika Investmart Vs Upstox - Account Opening & AMC Charges
Swastika Investmart
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹0 (Free)
Trading Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹0 (Free)
Swastika Investmart Vs Upstox
| Swastika Investmart | Upstox | |
|---|---|---|
Swastika Investmart Review | Account Opening Charges, Brokerage, and Trading Platform |
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.
Swastika Investmart Vs Upstox - Brokerage charges & Plans
| Swastika Investmart | Upstox | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.30% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Swastika Investmart Vs Upstox - Margin (Exposure)
| Swastika Investmart | 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) |
Swastika Investmart Vs Upstox - Other Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
Swastika Investmart Vs Upstox - STT/CTT
| Swastika Investmart | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
Swastika Investmart Vs Upstox - Demat transaction charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Swastika Investmart Vs Upstox - GST
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Swastika Investmart Vs Upstox - SEBI Charges
| Swastika Investmart | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Swastika Investmart Vs Upstox - Features
| Swastika Investmart | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 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. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 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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