Dealmoney Securities Vs Upstox
Dealmoney Securities
Dealmoney Securities 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.
Dealmoney Securities Vs Upstox - Broker Details
| Dealmoney Securities | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2006 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | N/A | Zero |
| Brokerage | ₹10* per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Dealmoney Securities Vs Upstox - Account Opening & AMC Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
Dealmoney Securities Vs Upstox - Brokerage charges & Plans
| Dealmoney Securities | Upstox | |
|---|---|---|
| Commodity Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹10* per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹10* per order | ₹20/ Order |
| Commodity Options | ₹10* per order | ₹20/ Order |
| Equity Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹10* per order | ₹20/ Order |
| Fixed Charges | ₹10* per order | ₹20/ Order |
| Equity Intraday | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
Dealmoney Securities Vs Upstox - Other Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | ₹10* per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹10* per order | ₹20/ Order |
Dealmoney Securities Vs Upstox - Transaction Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Dealmoney Securities Vs Upstox - Margin (Exposure)
| Dealmoney Securities | 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) |
Dealmoney Securities Vs Upstox - Features
| Dealmoney Securities | 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:- 3:15pm | 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. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile 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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Dealmoney Securities Vs Upstox - Review & Rating
| Dealmoney Securities | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Dealmoney Securities Vs Upstox - Request a call back from Broker
| Dealmoney Securities | Upstox | |
|---|---|---|
Dealmoney Securities Vs Upstox - Investment Options
| Dealmoney Securities | 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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Dealmoney Securities Vs Upstox - Order Type
| Dealmoney Securities | 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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Dealmoney Securities Vs Upstox - Research & Report
| Dealmoney Securities | 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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Dealmoney Securities Vs Upstox - Daily Market Report
| Dealmoney Securities | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Dealmoney Securities Vs Upstox - Suitable For Investor
| Dealmoney Securities | Upstox | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Dealmoney Securities Vs Upstox - Pros & Cons
| Dealmoney Securities | Upstox | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
Dealmoney Securities Vs Upstox - Background
| Dealmoney Securities | Upstox | |
|---|---|---|
Dealmoney Securities Vs Upstox - Compare All Brokers
| Dealmoney Securities | Upstox | |
|---|---|---|
Dealmoney Securities Vs Upstox - STT/CTT
| Dealmoney Securities | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Dealmoney Securities Vs Upstox - Demat transaction charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Dealmoney Securities Vs Upstox - GST
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Dealmoney Securities Vs Upstox - SEBI Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Dealmoney Securities Vs Upstox - Account Opening & AMC Charges
Dealmoney Securities
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Trading Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Dealmoney Securities Vs Upstox
| Dealmoney Securities | Upstox | |
|---|---|---|
Dealmoney Securities Account Opening and Closure Process 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.
Dealmoney Securities Vs Upstox - Brokerage charges & Plans
| Dealmoney Securities | Upstox | |
|---|---|---|
| Commodity Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹10* per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹10* per order | ₹20/ Order |
| Commodity Options | ₹10* per order | ₹20/ Order |
| Equity Futures | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹10* per order | ₹20/ Order |
| Fixed Charges | ₹10* per order | ₹20/ Order |
| Equity Intraday | ₹10* per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Dealmoney Securities Vs Upstox - Margin (Exposure)
| Dealmoney Securities | 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) |
Dealmoney Securities Vs Upstox - Other Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | ₹10* per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹10* per order | ₹20/ Order |
Dealmoney Securities Vs Upstox - STT/CTT
| Dealmoney Securities | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Dealmoney Securities Vs Upstox - Demat transaction charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Dealmoney Securities Vs Upstox - GST
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Dealmoney Securities Vs Upstox - SEBI Charges
| Dealmoney Securities | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Dealmoney Securities Vs Upstox - Features
| Dealmoney Securities | 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 & F&O:- 3:15pm | 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. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile 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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