Moneysukh Vs Upstox
Moneysukh
Moneysukh 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.
Moneysukh Vs Upstox - Broker Details
| Moneysukh | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1988 | 2009 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 300 | Zero |
| Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Moneysukh Vs Upstox - Account Opening & AMC Charges
| Moneysukh | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + 18% GST per Year (First Year Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (for Offline Process) ₹600 (for Online Process) | ₹0 (Free) |
Moneysukh Vs Upstox - Brokerage charges & Plans
| Moneysukh | Upstox | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹20/ Order |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | ₹20/ Order |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
Moneysukh Vs Upstox - Other Charges
| Moneysukh | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per position | (₹50 + GST) |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
Moneysukh Vs Upstox - Transaction Charges
| Moneysukh | Upstox | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | 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: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Exchange txn charge: 0.05% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | 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: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Moneysukh Vs Upstox - Margin (Exposure)
| Moneysukh | 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) |
Moneysukh Vs Upstox - Features
| Moneysukh | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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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Moneysukh Vs Upstox - Review & Rating
| Moneysukh | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Moneysukh Vs Upstox - Request a call back from Broker
| Moneysukh | Upstox | |
|---|---|---|
Moneysukh Vs Upstox - Investment Options
| Moneysukh | 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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Moneysukh Vs Upstox - Order Type
| Moneysukh | 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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Moneysukh Vs Upstox - Research & Report
| Moneysukh | 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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Moneysukh Vs Upstox - Daily Market Report
| Moneysukh | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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Moneysukh Vs Upstox - Suitable For Investor
| Moneysukh | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Moneysukh Vs Upstox - Pros & Cons
| Moneysukh | Upstox | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. |
Moneysukh Vs Upstox - Background
| Moneysukh | Upstox | |
|---|---|---|
Moneysukh Vs Upstox - Compare All Brokers
| Moneysukh | Upstox | |
|---|---|---|
Moneysukh Vs Upstox - STT/CTT
| Moneysukh | Upstox | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Moneysukh Vs Upstox - Demat transaction charges
| Moneysukh | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Moneysukh Vs Upstox - GST
| Moneysukh | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Moneysukh Vs Upstox - SEBI Charges
| Moneysukh | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Moneysukh Vs Upstox - Account Opening & AMC Charges
Moneysukh
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + 18% GST per Year (First Year Free)
₹0 (Free)
Trading Account AMC
₹0 (for Offline Process) ₹600 (for Online Process)
₹0 (Free)
Moneysukh Vs Upstox
| Moneysukh | Upstox | |
|---|---|---|
Moneysukh Account Opening Charges, Process, and Documents Required 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.
Moneysukh Vs Upstox - Brokerage charges & Plans
| Moneysukh | Upstox | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹20/ Order |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | ₹20/ Order |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Moneysukh Vs Upstox - Margin (Exposure)
| Moneysukh | 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) |
Moneysukh Vs Upstox - Other Charges
| Moneysukh | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per position | (₹50 + GST) |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
Moneysukh Vs Upstox - STT/CTT
| Moneysukh | Upstox | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Moneysukh Vs Upstox - Demat transaction charges
| Moneysukh | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Moneysukh Vs Upstox - GST
| Moneysukh | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Moneysukh Vs Upstox - SEBI Charges
| Moneysukh | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Moneysukh Vs Upstox - Features
| Moneysukh | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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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