Adroit Financial Vs Upstox
Adroit Financial
Adroit Financial 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.
Adroit Financial Vs Upstox - Broker Details
Adroit Financial | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1994 | 2009 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
Branches | 4 | Zero |
Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account |
Adroit Financial Vs Upstox - Account Opening & AMC Charges
Adroit Financial | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹300 per Year | ₹1000 for Lifetime | ₹0 (Free) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Adroit Financial Vs Upstox - Brokerage charges & Plans
Adroit Financial | Upstox | |
---|---|---|
Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Adroit Financial Vs Upstox - Other Charges
Adroit Financial | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | (₹50 + GST) |
Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Call Back Open Account |
Adroit Financial Vs Upstox - Transaction Charges
Adroit Financial | Upstox | |
---|---|---|
Currency Options | NSE ₹4400/Cr (0.044%) (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 ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | NSE ₹135/Cr (0.00135%) | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account |
Adroit Financial Vs Upstox - Margin (Exposure)
Adroit Financial | 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) |
Call Back Open Account |
Adroit Financial Vs Upstox - Features
Adroit Financial | 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 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. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN 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 |
Adroit Financial Vs Upstox - Review & Rating
Adroit Financial | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Adroit Financial Vs Upstox - Request a call back from Broker
Adroit Financial | Upstox | |
---|---|---|
Call Back Open Account |
Adroit Financial Vs Upstox - Investment Options
Adroit Financial | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Adroit Financial Vs Upstox - Order Type
Adroit Financial | 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 |
Adroit Financial Vs Upstox - Research & Report
Adroit Financial | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Adroit Financial Vs Upstox - Daily Market Report
Adroit Financial | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Adroit Financial Vs Upstox - Suitable For Investor
Adroit Financial | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Adroit Financial Vs Upstox - Pros & Cons
Adroit Financial | Upstox | |
---|---|---|
Pros | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. | 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. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 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. |
Call Back Open Account |
Adroit Financial Vs Upstox - Background
Adroit Financial | Upstox | |
---|---|---|
Call Back Open Account |
Adroit Financial Vs Upstox - Compare All Brokers
Adroit Financial | Upstox | |
---|---|---|
Call Back Open Account |
Adroit Financial Vs Upstox - STT/CTT
Adroit Financial | 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 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 |
Call Back Open Account |
Adroit Financial Vs Upstox - Demat transaction charges
Adroit Financial | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹20 + 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 |
Adroit Financial Vs Upstox - GST
Adroit Financial | 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 |
Adroit Financial Vs Upstox - SEBI Charges
Adroit Financial | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Adroit Financial Vs Upstox - Account Opening & AMC Charges
Adroit Financial Vs Upstox
Adroit Financial | Upstox | |
---|---|---|
Adroit Financial Account Opening Process and Charges |
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.
Adroit Financial Vs Upstox - Brokerage charges & Plans
Adroit Financial | Upstox | |
---|---|---|
Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Adroit Financial Vs Upstox - Margin (Exposure)
Adroit Financial | 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) |
Call Back Open Account |
Adroit Financial Vs Upstox - Other Charges
Adroit Financial | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | (₹50 + GST) |
Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Adroit Financial Vs Upstox - STT/CTT
Adroit Financial | 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 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 |
Adroit Financial Vs Upstox - Demat transaction charges
Adroit Financial | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Adroit Financial Vs Upstox - GST
Adroit Financial | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Adroit Financial Vs Upstox - SEBI Charges
Adroit Financial | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Adroit Financial Vs Upstox - Features
Adroit Financial | 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 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. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN 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 |