DPTradeKing Vs Upstox
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
DPTradeKing Vs Upstox - Broker Details
| DPTradeKing | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2009 |
| Exchanges | BSE, NSE and MCX | BSE, NSE and MCX |
| Branches | N/A | Zero |
| Brokerage | 0.05% per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
DPTradeKing Vs Upstox - Account Opening & AMC Charges
| DPTradeKing | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
DPTradeKing Vs Upstox - Brokerage charges & Plans
| DPTradeKing | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.50% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.05% per order | ₹20/ Order |
| Equity Intraday | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
DPTradeKing Vs Upstox - Other Charges
| DPTradeKing | Upstox | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.05% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.05% per order | ₹20/ Order |
| Call Back Open Account |
DPTradeKing Vs Upstox - Transaction Charges
| DPTradeKing | Upstox | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | 0.00345% Of Total Turnover value | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | 0.00090% of Total Future Turnover value | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
DPTradeKing Vs Upstox - Margin (Exposure)
| DPTradeKing | 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 |
DPTradeKing Vs Upstox - Features
| DPTradeKing | 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:- 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 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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 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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| Call Back Open Account |
DPTradeKing Vs Upstox - Review & Rating
| DPTradeKing | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
DPTradeKing Vs Upstox - Request a call back from Broker
| DPTradeKing | Upstox | |
|---|---|---|
| Call Back Open Account |
DPTradeKing Vs Upstox - Investment Options
| DPTradeKing | 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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| Call Back Open Account |
DPTradeKing Vs Upstox - Order Type
| DPTradeKing | 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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| Call Back Open Account |
DPTradeKing Vs Upstox - Research & Report
| DPTradeKing | 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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| Call Back Open Account |
DPTradeKing Vs Upstox - Daily Market Report
| DPTradeKing | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
DPTradeKing Vs Upstox - Suitable For Investor
| DPTradeKing | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
DPTradeKing Vs Upstox - Pros & Cons
| DPTradeKing | Upstox | |
|---|---|---|
| Pros | 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. | 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.Downsides of using DP TradeKing 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, 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. 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 |
DPTradeKing Vs Upstox - Background
| DPTradeKing | Upstox | |
|---|---|---|
| Call Back Open Account |
DPTradeKing Vs Upstox - Compare All Brokers
| DPTradeKing | Upstox | |
|---|---|---|
| Call Back Open Account |
DPTradeKing Vs Upstox - STT/CTT
| DPTradeKing | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
| Call Back Open Account |
DPTradeKing Vs Upstox - Demat transaction charges
| DPTradeKing | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
| Call Back Open Account |
DPTradeKing Vs Upstox - GST
| DPTradeKing | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
DPTradeKing Vs Upstox - SEBI Charges
| DPTradeKing | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
DPTradeKing Vs Upstox - Account Opening & AMC Charges
DPTradeKing
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
DPTradeKing Vs Upstox
| DPTradeKing | Upstox | |
|---|---|---|
DPTradeKing Account Opening Process and Charges 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.
DPTradeKing Vs Upstox - Brokerage charges & Plans
| DPTradeKing | Upstox | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.50% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.05% per order | ₹20/ Order |
| Equity Intraday | 0.05% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
DPTradeKing Vs Upstox - Margin (Exposure)
| DPTradeKing | 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 |
DPTradeKing Vs Upstox - Other Charges
| DPTradeKing | Upstox | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.05% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.05% per order | ₹20/ Order |
DPTradeKing Vs Upstox - STT/CTT
| DPTradeKing | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
DPTradeKing Vs Upstox - Demat transaction charges
| DPTradeKing | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
DPTradeKing Vs Upstox - GST
| DPTradeKing | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
DPTradeKing Vs Upstox - SEBI Charges
| DPTradeKing | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
DPTradeKing Vs Upstox - Features
| DPTradeKing | 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:- 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 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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 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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| Call Back Open Account |