Upstox Vs Achintya
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.
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
Upstox Vs Achintya - Broker Details
| Upstox | Achintya | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2004 |
| Exchanges | BSE, NSE and MCX | BSE, NSE, MCX and NCDEX |
| Branches | Zero | 10 |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | As per Brokerage Plan |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs Achintya - Account Opening & AMC Charges
| Upstox | Achintya | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) First Year Free |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) First Year Free |
| Call Back Open Account |
Upstox Vs Achintya - Brokerage charges & Plans
| Upstox | Achintya | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | As per Brokerage Plan |
| Equity Options | ₹20/ Order | As per Brokerage Plan |
| Commodity Options | ₹20/ Order | As per Brokerage Plan |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Currency Options | ₹20/ Order | As per Brokerage Plan |
| Fixed Charges | ₹20/ Order | As per Brokerage Plan |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Call Back Open Account |
Upstox Vs Achintya - Transaction Charges
| Upstox | Achintya | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.0021% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.052% (On Premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Upstox Vs Achintya - Margin (Exposure)
| Upstox | Achintya | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Upstox Vs Achintya - Features
| Upstox | Achintya | |
|---|---|---|
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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:- 3:15 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 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 | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Upstox Vs Achintya - Review & Rating
| Upstox | Achintya | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Achintya - Request a call back from Broker
| Upstox | Achintya | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Achintya - Investment Options
| Upstox | Achintya | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Achintya - Order Type
| Upstox | Achintya | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Achintya - Research & Report
| Upstox | Achintya | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Achintya - Suitable For Investor
| Upstox | Achintya | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Upstox Vs Achintya - Pros & Cons
| Upstox | Achintya | |
|---|---|---|
| Pros | 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. | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. |
| Cons | 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. | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. |
| Call Back Open Account |
Upstox Vs Achintya - Background
| Upstox | Achintya | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Achintya - Compare All Brokers
| Upstox | Achintya | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Achintya - STT/CTT
| Upstox | Achintya | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell Side |
| Equity Options | 0.05% only on sell | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.0125% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
| Call Back Open Account |
Upstox Vs Achintya - Demat transaction charges
| Upstox | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Upstox Vs Achintya - GST
| Upstox | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Upstox Vs Achintya - SEBI Charges
| Upstox | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10 / Crore |
| Call Back Open Account |
Upstox Vs Achintya - extractvalue(1,concat(char(126),md5(1525732647)))
| Upstox | Achintya | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Achintya - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Upstox | Achintya | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Achintya - Account Opening & AMC Charges
Upstox Vs Achintya
| Upstox | Achintya | |
|---|---|---|
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. |
Achintya Securities Account Opening Charges and Process Details |
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Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
Upstox Vs Achintya - Brokerage charges & Plans
| Upstox | Achintya | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | As per Brokerage Plan |
| Equity Options | ₹20/ Order | As per Brokerage Plan |
| Commodity Options | ₹20/ Order | As per Brokerage Plan |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Currency Options | ₹20/ Order | As per Brokerage Plan |
| Fixed Charges | ₹20/ Order | As per Brokerage Plan |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | As per Brokerage Plan |
| Call Back Open Account |
Upstox Vs Achintya - Margin (Exposure)
| Upstox | Achintya | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Upstox Vs Achintya - STT/CTT
| Upstox | Achintya | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell Side |
| Equity Options | 0.05% only on sell | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.0125% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
| Call Back Open Account |
Upstox Vs Achintya - Demat transaction charges
| Upstox | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Upstox Vs Achintya - GST
| Upstox | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Upstox Vs Achintya - SEBI Charges
| Upstox | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10 / Crore |
| Call Back Open Account |
Upstox Vs Achintya - Features
| Upstox | Achintya | |
|---|---|---|
|
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|
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| Margin Trading Facility |
|
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| 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:- 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 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 | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |