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Quick Comparision (Nirman Broking VS Upstox)

 
 

Nirman Broking Vs Upstox

Nirman Broking
Nirman Broking 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.

Nirman Broking Vs Upstox - Broker Details

Nirman Broking Upstox
Single Margin Facility
Year of Incorporation 1987 2009
Exchanges BSE, NSE, MCX and NCDEX BSE, NSE and MCX
Branches 20 Zero
Brokerage ₹20 per executed order or 0.05% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker
Call Back Open Account

Nirman Broking Vs Upstox - Account Opening & AMC Charges

Nirman Broking Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹360 + GST per year ₹0 (Free)
Trading Account AMC N/A ₹0 (Free)
Call Back Open Account

Nirman Broking Vs Upstox - Brokerage charges & Plans

Nirman Broking Upstox
Commodity Futures N/A ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20 per executed per order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20 or 2.5% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Flat ₹20 per executed per order ₹20/ Order
Commodity Options Flat ₹20 per executed per order ₹20/ Order
Equity Futures ₹20 per executed order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Flat ₹20 per executed per order ₹20/ Order
Fixed Charges ₹20 per executed order or 0.05% ₹20/ Order
Equity Intraday ₹20 per executed order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Nirman Broking Vs Upstox - Other Charges

Nirman Broking Upstox
RMS Square Off Charge ₹20 per order (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20 per order (₹50 + GST)
Other Brokerage Charges ₹20 per executed order or 0.05% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20 per executed order or 0.05% ₹20/ Order
Call Back Open Account

Nirman Broking Vs Upstox - Transaction Charges

Nirman Broking Upstox
Currency Options NSE ₹500/Cr (0.005%) (on premium) NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: ₹200/Cr (0.0019%) NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE: ₹345/Cr (0.00325%) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹5000/Cr (0.05%) (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE ₹120/Cr (0.0012%) NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE: ₹345/Cr (0.00325%) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

Nirman Broking Vs Upstox - Margin (Exposure)

Nirman Broking Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 6x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML 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 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

Nirman Broking Vs Upstox - Features

Nirman Broking Upstox
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: 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software 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
Direct Mutual Fund
Call Back Open Account

Nirman Broking Vs Upstox - Review & Rating

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

Nirman Broking Vs Upstox - Request a call back from Broker

Nirman Broking Upstox
Call Back Open Account

Nirman Broking Vs Upstox - Investment Options

Nirman Broking Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Nirman Broking Vs Upstox - Order Type

Nirman Broking Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Nirman Broking Vs Upstox - Research & Report

Nirman Broking Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Nirman Broking Vs Upstox - Daily Market Report

Nirman Broking Upstox
Daily Market Reports & News
Call Back Open Account

Nirman Broking Vs Upstox - Suitable For Investor

Nirman Broking Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Nirman Broking Vs Upstox - Pros & Cons

Nirman Broking Upstox
Pros 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing 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. Technology Issues 3. Dependency on market conditions and economic factors, 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.
Call Back Open Account

Nirman Broking Vs Upstox - Background

Nirman Broking Upstox
Call Back Open Account

Nirman Broking Vs Upstox - Compare All Brokers

Nirman Broking Upstox
Call Back Open Account

Nirman Broking Vs Upstox - STT/CTT

Nirman Broking 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 0.05% 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 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account

Nirman Broking Vs Upstox - Demat transaction charges

Nirman Broking Upstox
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account

Nirman Broking Vs Upstox - GST

Nirman Broking Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

Nirman Broking Vs Upstox - SEBI Charges

Nirman Broking Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Nirman Broking Vs Upstox - Account Opening & AMC Charges

Nirman Broking
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
 
Call Back Open Account

Nirman Broking Vs Upstox

Nirman Broking Upstox
 

Nirman Broking Account Opening Process and Charges

Read more..

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.

Read more..
 
 

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.

Nirman Broking Vs Upstox - Brokerage charges & Plans

Nirman Broking Upstox
Commodity Futures N/A ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20 per executed per order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20 or 2.5% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Flat ₹20 per executed per order ₹20/ Order
Commodity Options Flat ₹20 per executed per order ₹20/ Order
Equity Futures ₹20 per executed order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Flat ₹20 per executed per order ₹20/ Order
Fixed Charges ₹20 per executed order or 0.05% ₹20/ Order
Equity Intraday ₹20 per executed order or 0.05% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Nirman Broking Vs Upstox - Margin (Exposure)

Nirman Broking Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 6x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML 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 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

Nirman Broking Vs Upstox - Other Charges

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

Nirman Broking Vs Upstox - STT/CTT

Nirman Broking 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 0.05% 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 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Nirman Broking Vs Upstox - Demat transaction charges

Nirman Broking Upstox
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Nirman Broking Vs Upstox - GST

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

Nirman Broking Vs Upstox - SEBI Charges

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

Nirman Broking Vs Upstox - Features

Nirman Broking Upstox
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: 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software 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
Direct Mutual Fund
Call Back Open Account

Nirman Broking

Upstox