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Quick Comparision (Indira Securities VS Upstox)

 
 

Indira Securities Vs Upstox

Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities 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.

Indira Securities Vs Upstox - Broker Details

Indira Securities Upstox
Single Margin Facility
Year of Incorporation 1996 2009
Exchanges NSE, BSE, MCX. BSE, NSE and MCX
Branches 70+ Zero
Brokerage ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker
Call Back Open Account

Indira Securities Vs Upstox - Account Opening & AMC Charges

Indira Securities Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹450 (2nd year onwards) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

Indira Securities Vs Upstox - Brokerage charges & Plans

Indira Securities Upstox
Commodity Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/ Order or 0.10% (whichever is lower) ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Commodity Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Equity Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Fixed Charges ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order
Equity Intraday ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Indira Securities Vs Upstox - Other Charges

Indira Securities 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 ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account

Indira Securities Vs Upstox - Transaction Charges

Indira Securities Upstox
Currency Options NSE ₹500/Cr (0.005%) (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: ₹200/Cr (0.0019%) NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE: ₹345/Cr (0.00325%) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹5000/Cr (0.05%) (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE ₹120/Cr (0.0012%) NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE: ₹345/Cr (0.00325%) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

Indira Securities Vs Upstox - Margin (Exposure)

Indira Securities 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

Indira Securities Vs Upstox - Features

Indira Securities 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 | 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.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) 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

Indira Securities Vs Upstox - Review & Rating

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

Indira Securities Vs Upstox - Request a call back from Broker

Indira Securities Upstox
Call Back Open Account

Indira Securities Vs Upstox - Investment Options

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

Indira Securities Vs Upstox - Order Type

Indira Securities 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

Indira Securities Vs Upstox - Research & Report

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

Indira Securities Vs Upstox - Daily Market Report

Indira Securities Upstox
Daily Market Reports & News
Call Back Open Account

Indira Securities Vs Upstox - Suitable For Investor

Indira Securities Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Indira Securities Vs Upstox - Pros & Cons

Indira Securities Upstox
Pros 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online 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.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. 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

Indira Securities Vs Upstox - Background

Indira Securities Upstox
Call Back Open Account

Indira Securities Vs Upstox - Compare All Brokers

Indira Securities Upstox
Call Back Open Account

Indira Securities Vs Upstox - STT/CTT

Indira Securities 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 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

Indira Securities Vs Upstox - Demat transaction charges

Indira Securities Upstox
Equity Demat Transaction Charges ₹13 + 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

Indira Securities Vs Upstox - GST

Indira Securities 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

Indira Securities Vs Upstox - SEBI Charges

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

Indira Securities Vs Upstox - Account Opening & AMC Charges

Indira Securities
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 (2nd year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Indira Securities Vs Upstox

Indira Securities Upstox
 

Indira Securities Review | Brokerage Charges, Account Opening

‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a ..
+ " 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.

Indira Securities Vs Upstox - Brokerage charges & Plans

Indira Securities Upstox
Commodity Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/ Order or 0.10% (whichever is lower) ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Commodity Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Equity Futures ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order or ₹25/ Lot (both side) ₹20/ Order
Fixed Charges ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order
Equity Intraday ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Indira Securities Vs Upstox - Margin (Exposure)

Indira Securities 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

Indira Securities Vs Upstox - Other Charges

Indira Securities 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 ₹20/ Order or 0.01% (whichever is lower) ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

Indira Securities Vs Upstox - STT/CTT

Indira Securities 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 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

Indira Securities Vs Upstox - Demat transaction charges

Indira Securities Upstox
Equity Demat Transaction Charges ₹13 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Indira Securities Vs Upstox - GST

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

Indira Securities Vs Upstox - SEBI Charges

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

Indira Securities Vs Upstox - Features

Indira Securities 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 | 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.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) 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

Indira Securities

Upstox