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Comparision (Upstox VS Eureka)

 

Upstox Vs Eureka

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.

Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Upstox Vs Eureka - Broker Details

Upstox Eureka
Single Margin Facility
Year of Incorporation 2009 1992
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches Zero 270
Brokerage ₹20/ Order or 0.05% (Whichever is lower) 0.03%
Broker Type Discount Broker Full Service broker

Upstox Vs Eureka - Account Opening & AMC Charges

Upstox Eureka
Trading Account Opening Charge ₹0 (Free) Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC ₹0 (Free) Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC ₹0 (Free) N/A

Upstox Vs Eureka - Brokerage charges & Plans

Upstox Eureka
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.30%
Equity Options ₹20/ Order ₹20 per lot
Commodity Options ₹20/ Order 0.03%
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Options ₹20/ Order ₹20 per lot
Fixed Charges ₹20/ Order 0.03%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03%

Upstox Vs Eureka - Other Charges

Upstox Eureka
RMS Square Off Charge (₹50 + GST) ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹20/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.03%
Minimum Brokerage ₹20/ Order 0.03%

Upstox Vs Eureka - Transaction Charges

Upstox Eureka
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% Exchange txn charge: 0.035%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE: 0.0019%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE: 0.05% (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)

Upstox Vs Eureka - Margin (Exposure)

Upstox Eureka
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)

Upstox Vs Eureka - Features

Upstox Eureka
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 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Eureka - Review & Rating

Upstox Eureka
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Eureka - Request a call back from Broker

Upstox Eureka

Upstox Vs Eureka - Investment Options

Upstox Eureka
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Eureka - Order Type

Upstox Eureka
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Upstox Vs Eureka - Research & Report

Upstox Eureka
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Eureka - Daily Market Report

Upstox Eureka
Daily Market Reports & News

Upstox Vs Eureka - Suitable For Investor

Upstox Eureka
Casual Investor
Active Investor
Trader

Upstox Vs Eureka - Pros & Cons

Upstox Eureka
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. 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.
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. 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.

Upstox Vs Eureka - Background

Upstox Eureka

Upstox Vs Eureka - Compare All Brokers

Upstox Eureka

Upstox Vs Eureka - STT/CTT

Upstox Eureka
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 the 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 & 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

Upstox Vs Eureka - Demat transaction charges

Upstox Eureka
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹5 per certificate. Min ₹75 per request

Upstox Vs Eureka - GST

Upstox Eureka
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

Upstox Vs Eureka - SEBI Charges

Upstox Eureka
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Eureka - Account Opening & AMC Charges

Upstox
Eureka
Trading Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹0 (Free)
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
 
Call Back Open Account

Upstox Vs Eureka

Upstox Eureka
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (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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Eureka Account Opening Charges, Process, and Required Documents Details

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Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Upstox Vs Eureka - Brokerage charges & Plans

Upstox Eureka
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.30%
Equity Options ₹20/ Order ₹20 per lot
Commodity Options ₹20/ Order 0.03%
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Options ₹20/ Order ₹20 per lot
Fixed Charges ₹20/ Order 0.03%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03%
Call Back Open Account

Upstox Vs Eureka - Margin (Exposure)

Upstox Eureka
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 Eureka - Other Charges

Upstox Eureka
RMS Square Off Charge (₹50 + GST) ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹20/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.03%
Minimum Brokerage ₹20/ Order 0.03%

Upstox Vs Eureka - STT/CTT

Upstox Eureka
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 the 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 & 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

Upstox Vs Eureka - Demat transaction charges

Upstox Eureka
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹5 per certificate. Min ₹75 per request

Upstox Vs Eureka - GST

Upstox Eureka
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

Upstox Vs Eureka - SEBI Charges

Upstox Eureka
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Eureka - Features

Upstox Eureka
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 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Eureka