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Comparision (Maitra VS Upstox)

 

Maitra Vs Upstox

Maitra
Maitra Commodities 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.

Maitra Vs Upstox - Broker Details

Maitra Upstox
Single Margin Facility
Year of Incorporation 2012 2009
Exchanges NSE, BSE and MCX BSE, NSE and MCX
Branches N/A Zero
Brokerage ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker

Maitra Vs Upstox - Account Opening & AMC Charges

Maitra Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 + 18% GST ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Maitra Vs Upstox - Brokerage charges & Plans

Maitra Upstox
Commodity Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹5/Lot Or ₹20/Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹5/Lot Or ₹20/Order ₹20/ Order
Commodity Options ₹5/Lot Or ₹20/Order ₹20/ Order
Equity Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹5/Lot Or ₹20/Order ₹20/ Order
Fixed Charges ₹5/Lot Or ₹20/Order ₹20/ Order
Equity Intraday ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)

Maitra Vs Upstox - Other Charges

Maitra Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹5/Lot Or ₹20/Order ₹20/ Order

Maitra Vs Upstox - Transaction Charges

Maitra Upstox
Currency Options 0.053% NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures 0.0019% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday 0.00325% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.05% NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity 0.0026% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures 0.0026% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery 0.00325% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Maitra Vs Upstox - Margin (Exposure)

Maitra Upstox
Equity Options 1x (100% of NRML 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 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 (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)

Maitra Vs Upstox - Features

Maitra 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE 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

Maitra Vs Upstox - Review & Rating

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

Maitra Vs Upstox - Request a call back from Broker

Maitra Upstox

Maitra Vs Upstox - Investment Options

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

Maitra Vs Upstox - Order Type

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

Maitra Vs Upstox - Research & Report

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

Maitra Vs Upstox - Daily Market Report

Maitra Upstox
Daily Market Reports & News

Maitra Vs Upstox - Suitable For Investor

Maitra Upstox
Casual Investor
Active Investor
Trader

Maitra Vs Upstox - Pros & Cons

Maitra Upstox
Pros 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. 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.

Maitra Vs Upstox - Background

Maitra Upstox

Maitra Vs Upstox - Compare All Brokers

Maitra Upstox

Maitra Vs Upstox - STT/CTT

Maitra Upstox
Commodity Futures 0.01% 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% 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and 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

Maitra Vs Upstox - Demat transaction charges

Maitra Upstox
Equity Demat Transaction Charges N/A Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Maitra Vs Upstox - GST

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

Maitra Vs Upstox - SEBI Charges

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

Maitra Vs Upstox - Account Opening & AMC Charges

Maitra
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Maitra Vs Upstox

Maitra Upstox
 

Maitra Account Opening Process, Charges, and Required Documents Details

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.

Maitra Vs Upstox - Brokerage charges & Plans

Maitra Upstox
Commodity Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹5/Lot Or ₹20/Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹5/Lot Or ₹20/Order ₹20/ Order
Commodity Options ₹5/Lot Or ₹20/Order ₹20/ Order
Equity Futures ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹5/Lot Or ₹20/Order ₹20/ Order
Fixed Charges ₹5/Lot Or ₹20/Order ₹20/ Order
Equity Intraday ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Maitra Vs Upstox - Margin (Exposure)

Maitra Upstox
Equity Options 1x (100% of NRML 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 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 (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)

Maitra Vs Upstox - Other Charges

Maitra Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) (₹50 + GST)
Other Brokerage Charges ₹5/Lot Or ₹20/Order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹5/Lot Or ₹20/Order ₹20/ Order

Maitra Vs Upstox - STT/CTT

Maitra Upstox
Commodity Futures 0.01% 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% 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and 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

Maitra Vs Upstox - Demat transaction charges

Maitra Upstox
Equity Demat Transaction Charges N/A Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Maitra Vs Upstox - GST

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

Maitra Vs Upstox - SEBI Charges

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

Maitra Vs Upstox - Features

Maitra 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE 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

Maitra

Upstox