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Quick Comparision (Flattrade VS Upstox)

 
 

Flattrade Vs Upstox

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, 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.

Flattrade Vs Upstox - Broker Details

Flattrade Upstox
Single Margin Facility
Year of Incorporation 2004 2009
Exchanges BSE, NSE and MCX BSE, NSE and MCX
Branches 6 Zero
Brokerage ₹0 (Free) ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Account Opening & AMC Charges

Flattrade Upstox
Trading Account Opening Charge ₹200 + GST ₹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 Call Back Open Account

Flattrade Vs Upstox - Brokerage charges & Plans

Flattrade Upstox
Commodity Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0 (Free) ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Other Charges

Flattrade Upstox
RMS Square Off Charge ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST (₹50 + GST)
Other Brokerage Charges ₹0 (Free) ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹0 (Free) ₹20/ Order
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Transaction Charges

Flattrade Upstox
Currency Options NSE : 0.035% | BSE : 0.001% NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures 0.0020% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.053% (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE : 0.0009% | BSE : 0.00022% 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% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Margin (Exposure)

Flattrade 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 (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 Call Back Open Account

Flattrade Vs Upstox - Features

Flattrade 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 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 Flattrade - (Share Trading App), Web Trading 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 Call Back Open Account

Flattrade Vs Upstox - Review & Rating

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

Flattrade Vs Upstox - Request a call back from Broker

Flattrade Upstox
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Investment Options

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

Flattrade Vs Upstox - Order Type

Flattrade 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 Call Back Open Account

Flattrade Vs Upstox - Research & Report

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

Flattrade Vs Upstox - Daily Market Report

Flattrade Upstox
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Suitable For Investor

Flattrade Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Pros & Cons

Flattrade Upstox
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. 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 Call Back Open Account

Flattrade Vs Upstox - Background

Flattrade Upstox
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Compare All Brokers

Flattrade Upstox
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - STT/CTT

Flattrade Upstox
Commodity Futures 0.01% on sell side 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on Sale side 0.025% only on sell
Equity Options 0.05% on sell side (on premium) | Option Excised 0.125% 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% 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 Call Back Open Account

Flattrade Vs Upstox - Demat transaction charges

Flattrade 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 Call Back Open Account

Flattrade Vs Upstox - GST

Flattrade Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges + SEBI charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - SEBI Charges

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

Flattrade Vs Upstox - Account Opening & AMC Charges

Flattrade
Upstox
Trading Account Opening Charge
₹200 + GST
₹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
Call Back Open Account

Flattrade Vs Upstox

Flattrade Upstox
 

Flattrade Review

Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs ..
+ " Vs "+ Upstox
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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.

Flattrade Vs Upstox - Brokerage charges & Plans

Flattrade Upstox
Commodity Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0 (Free) ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Flattrade Vs Upstox - Margin (Exposure)

Flattrade 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 (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 Call Back Open Account

Flattrade Vs Upstox - Other Charges

Flattrade Upstox
RMS Square Off Charge ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST (₹50 + GST)
Other Brokerage Charges ₹0 (Free) ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹0 (Free) ₹20/ Order
Call Back Open Account

Flattrade Vs Upstox - STT/CTT

Flattrade Upstox
Commodity Futures 0.01% on sell side 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on Sale side 0.025% only on sell
Equity Options 0.05% on sell side (on premium) | Option Excised 0.125% 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% 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

Flattrade Vs Upstox - Demat transaction charges

Flattrade 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

Flattrade Vs Upstox - GST

Flattrade Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges + SEBI charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

Flattrade Vs Upstox - SEBI Charges

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

Flattrade Vs Upstox - Features

Flattrade 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 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 Flattrade - (Share Trading App), Web Trading 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 Call Back Open Account

Flattrade

Upstox