FundsIndia Vs Upstox
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & 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.
FundsIndia Vs Upstox - Broker Details
FundsIndia | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 2009 |
Exchanges | Sebi | BSE, NSE and MCX |
Branches | Zero | Zero |
Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Account Opening & AMC Charges
FundsIndia | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹0 (Free) |
Trading Account AMC | N/A | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Brokerage charges & Plans
FundsIndia | Upstox | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 0.01% | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | N/A | ₹20/ Order |
Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Other Charges
FundsIndia | Upstox | |
---|---|---|
RMS Square Off Charge | N/A | (₹50 + GST) |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | N/A | (₹50 + GST) |
Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Transaction Charges
FundsIndia | Upstox | |
---|---|---|
Currency Options | N/A | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | 0.0035% on turnover | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | 0.0035% on turnover | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | 0.0035% on turnover | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | N/A | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | 0.1% on the transaction amount | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Margin (Exposure)
FundsIndia | 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 | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | N/A | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
Currency Futures | N/A | 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 |
FundsIndia Vs Upstox - Features
FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | 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.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP 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 | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Review & Rating
FundsIndia | 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 |
FundsIndia Vs Upstox - Request a call back from Broker
FundsIndia | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Investment Options
FundsIndia | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Order Type
FundsIndia | 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 |
FundsIndia Vs Upstox - Research & Report
FundsIndia | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Daily Market Report
FundsIndia | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Suitable For Investor
FundsIndia | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Pros & Cons
FundsIndia | Upstox | |
---|---|---|
Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 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 |
FundsIndia Vs Upstox - Background
FundsIndia | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Compare All Brokers
FundsIndia | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - STT/CTT
FundsIndia | Upstox | |
---|---|---|
Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell trade |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Demat transaction charges
FundsIndia | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + 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 |
FundsIndia Vs Upstox - GST
FundsIndia | 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 | Call Back Open Account |
FundsIndia Vs Upstox - SEBI Charges
FundsIndia | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Account Opening & AMC Charges
FundsIndia Vs Upstox
FundsIndia | Upstox | |
---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Upstox |
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.
FundsIndia Vs Upstox - Brokerage charges & Plans
FundsIndia | Upstox | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | N/A | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 0.01% | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | N/A | ₹20/ Order |
Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
FundsIndia Vs Upstox - Margin (Exposure)
FundsIndia | 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 | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | N/A | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
Currency Futures | N/A | 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 |
FundsIndia Vs Upstox - Other Charges
FundsIndia | Upstox | |
---|---|---|
RMS Square Off Charge | N/A | (₹50 + GST) |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | N/A | (₹50 + GST) |
Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
Call Back Open Account |
FundsIndia Vs Upstox - STT/CTT
FundsIndia | Upstox | |
---|---|---|
Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell trade |
Call Back Open Account |
FundsIndia Vs Upstox - Demat transaction charges
FundsIndia | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + 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 |
FundsIndia Vs Upstox - GST
FundsIndia | 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 |
FundsIndia Vs Upstox - SEBI Charges
FundsIndia | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
FundsIndia Vs Upstox - Features
FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | 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.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP 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 | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |