Trustline Vs Upstox
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
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.
Trustline Vs Upstox - Broker Details
| Trustline | Upstox | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1995 | 2009 |
| Exchanges | BSE, NSE, MCX, NCDEX | BSE, NSE and MCX |
| Branches | 400+ | Zero |
| Brokerage | ₹20/Order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Trustline Vs Upstox - Account Opening & AMC Charges
| Trustline | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹590/- (Lifetime) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Trustline Vs Upstox - Brokerage charges & Plans
| Trustline | Upstox | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Commodity Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Trustline Vs Upstox - Other Charges
| Trustline | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Trustline Vs Upstox - Transaction Charges
| Trustline | Upstox | |
|---|---|---|
| Currency Options | NSE ₹4000/Cr (on premium) (0.04%) | BSE ₹1500 | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE ₹90/Cr (0.0009%) | BSE ₹18/Cr (0.00018%) | 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 | BSE ₹1.5/Trade (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Trustline Vs Upstox - Margin (Exposure)
| Trustline | 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) |
Trustline Vs Upstox - Features
| Trustline | 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: 4:30PM | 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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power | 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 |
|
|
Trustline Vs Upstox - Review & Rating
| Trustline | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Trustline Vs Upstox - Request a call back from Broker
| Trustline | Upstox | |
|---|---|---|
Trustline Vs Upstox - Investment Options
| Trustline | Upstox | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Trustline Vs Upstox - Order Type
| Trustline | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Trustline Vs Upstox - Research & Report
| Trustline | Upstox | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Trustline Vs Upstox - Daily Market Report
| Trustline | Upstox | |
|---|---|---|
| Daily Market Reports & News |
|
|
Trustline Vs Upstox - Suitable For Investor
| Trustline | Upstox | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Trustline Vs Upstox - Pros & Cons
| Trustline | Upstox | |
|---|---|---|
| Pros | 1.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all customers. | 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.It does not provide a three-in one demat account. 2.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount 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. |
Trustline Vs Upstox - Background
| Trustline | Upstox | |
|---|---|---|
Trustline Vs Upstox - Compare All Brokers
| Trustline | Upstox | |
|---|---|---|
Trustline Vs Upstox - STT/CTT
| Trustline | 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 buy & 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 |
Trustline Vs Upstox - Demat transaction charges
| Trustline | 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 |
Trustline Vs Upstox - GST
| Trustline | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Trustline Vs Upstox - SEBI Charges
| Trustline | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Trustline Vs Upstox - Account Opening & AMC Charges
Trustline
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹590/- (Lifetime)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Trustline Vs Upstox
| Trustline | Upstox | |
|---|---|---|
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. + " Vs "+ Upstox |
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.
Trustline Vs Upstox - Brokerage charges & Plans
| Trustline | Upstox | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Commodity Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Trustline Vs Upstox - Margin (Exposure)
| Trustline | 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) |
Trustline Vs Upstox - Other Charges
| Trustline | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | (₹50 + GST) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
Trustline Vs Upstox - STT/CTT
| Trustline | 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 buy & 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 |
Trustline Vs Upstox - Demat transaction charges
| Trustline | 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 |
Trustline Vs Upstox - GST
| Trustline | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Trustline Vs Upstox - SEBI Charges
| Trustline | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Trustline Vs Upstox - Features
| Trustline | 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: 4:30PM | 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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power | 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 |
|
|