Upstox Vs Fisdom
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.
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Fisdom - Broker Details
| Upstox | Fisdom | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2015 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, and NCDEX |
| Branches | Zero | 15+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Upstox Vs Fisdom - Account Opening & AMC Charges
| Upstox | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Upstox Vs Fisdom - Brokerage charges & Plans
| Upstox | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Upstox Vs Fisdom - Transaction Charges
| Upstox | Fisdom | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE: 0.053% (on premium) |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.002% |
| 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: 0.053% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.002% |
| 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 Fisdom - Margin (Exposure)
| Upstox | Fisdom | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML 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 NRML margin (Span + Exposure)) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| 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) |
| Call Back Open Account |
Upstox Vs Fisdom - Features
| Upstox | Fisdom | |
|---|---|---|
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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:- 3:15 PM | Currency: 4:20 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. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Upstox Vs Fisdom - Review & Rating
| Upstox | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Fisdom - Request a call back from Broker
| Upstox | Fisdom | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Fisdom - Investment Options
| Upstox | Fisdom | |
|---|---|---|
| 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 Fisdom - Order Type
| Upstox | Fisdom | |
|---|---|---|
| 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 Fisdom - Research & Report
| Upstox | Fisdom | |
|---|---|---|
| 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 Fisdom - Suitable For Investor
| Upstox | Fisdom | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Upstox Vs Fisdom - Pros & Cons
| Upstox | Fisdom | |
|---|---|---|
| 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. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
| Call Back Open Account |
Upstox Vs Fisdom - Background
| Upstox | Fisdom | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Fisdom - Compare All Brokers
| Upstox | Fisdom | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Fisdom - STT/CTT
| Upstox | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side 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 | 0.05% only on sell (On Premium) |
| 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% on sell trade | 0.05% only on sell side |
| Call Back Open Account |
Upstox Vs Fisdom - Demat transaction charges
| Upstox | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 per scrip per day |
| Call Back Open Account |
Upstox Vs Fisdom - GST
| Upstox | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Upstox Vs Fisdom - SEBI Charges
| Upstox | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Fisdom - extractvalue(1,concat(char(126),md5(1525732647)))
| Upstox | Fisdom | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Fisdom - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Upstox | Fisdom | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Fisdom - Account Opening & AMC Charges
Upstox Vs Fisdom
| Upstox | Fisdom | |
|---|---|---|
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. |
Fisdom Account Opening Process and Charge Details |
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Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Fisdom - Brokerage charges & Plans
| Upstox | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Upstox Vs Fisdom - Margin (Exposure)
| Upstox | Fisdom | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML 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 NRML margin (Span + Exposure)) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
| 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) |
| Call Back Open Account |
Upstox Vs Fisdom - STT/CTT
| Upstox | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side 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 | 0.05% only on sell (On Premium) |
| 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% on sell trade | 0.05% only on sell side |
| Call Back Open Account |
Upstox Vs Fisdom - Demat transaction charges
| Upstox | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 per scrip per day |
| Call Back Open Account |
Upstox Vs Fisdom - GST
| Upstox | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Upstox Vs Fisdom - SEBI Charges
| Upstox | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Fisdom - Features
| Upstox | Fisdom | |
|---|---|---|
|
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|
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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:- 3:15 PM | Currency: 4:20 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. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |