Jainam Broking Vs Upstox
Jainam Broking
Jainam Broking Review gives an overall view about the Brokerage Charges, Margin, Trading Software in 2024, Demat Account Charges, Alice Blue Review of 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.
Jainam Broking Vs Upstox - Broker Details
| Jainam Broking | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2003 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 27 | Zero |
| Brokerage | ₹18 per completed order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Jainam Broking Vs Upstox - Account Opening & AMC Charges
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Brokerage charges & Plans
| Jainam Broking | Upstox | |
|---|---|---|
| Commodity Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹18 per completed order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹18 per completed order | ₹20/ Order |
| Commodity Options | ₹18 per completed order | ₹20/ Order |
| Equity Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per completed order | ₹20/ Order |
| Fixed Charges | ₹18 per completed order | ₹20/ Order |
| Equity Intraday | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Jainam Broking Vs Upstox - Other Charges
| Jainam Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹70 + 18 Brokerage per order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 + 18 Brokerage per order | (₹50 + GST) |
| Other Brokerage Charges | ₹18 per completed order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹18 per completed order | ₹20/ Order |
| Call Back Open Account |
Jainam Broking Vs Upstox - Transaction Charges
| Jainam Broking | Upstox | |
|---|---|---|
| Currency Options | CD BSE: 0.001% | CD NSE: 0.035% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | MCX: 0.0026% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | CD NSE: 0.00095% | CD 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: 0.00325% | BSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
Jainam Broking Vs Upstox - Margin (Exposure)
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Features
| Jainam Broking | 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: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:00 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. Jainam Space, 2.Jainam Pro, 3. Jainam Duck | 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 |
Jainam Broking Vs Upstox - Review & Rating
| Jainam Broking | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Jainam Broking Vs Upstox - Request a call back from Broker
| Jainam Broking | Upstox | |
|---|---|---|
| Call Back Open Account |
Jainam Broking Vs Upstox - Investment Options
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Order Type
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Research & Report
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Daily Market Report
| Jainam Broking | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Jainam Broking Vs Upstox - Suitable For Investor
| Jainam Broking | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Jainam Broking Vs Upstox - Pros & Cons
| Jainam Broking | Upstox | |
|---|---|---|
| Pros | 1.Expertise in the market, 2. Range of services, 3, Low Brokerage Charges, 4. Trustworthy broker, 5. Research and Analysis available, 6. Strong Network. | 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.Limited Investment option, 2. Regulatory Compliance, 3. Lack of transparency, 4. Limited accessibility, 5. Call and Trade services are provided at an extra charge. | 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 |
Jainam Broking Vs Upstox - Background
| Jainam Broking | Upstox | |
|---|---|---|
| Call Back Open Account |
Jainam Broking Vs Upstox - Compare All Brokers
| Jainam Broking | Upstox | |
|---|---|---|
| Call Back Open Account |
Jainam Broking Vs Upstox - STT/CTT
| Jainam Broking | 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 the Sell Side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
| Call Back Open Account |
Jainam Broking Vs Upstox - Demat transaction charges
| Jainam Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
| Call Back Open Account |
Jainam Broking Vs Upstox - GST
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - SEBI Charges
| Jainam Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹15/Crore | ₹10/ Crore |
| Call Back Open Account |
Jainam Broking Vs Upstox - Account Opening & AMC Charges
Jainam Broking
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)
Jainam Broking Vs Upstox
| Jainam Broking | Upstox | |
|---|---|---|
Jainam Broking Limited Review 2024 |
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.
Jainam Broking Vs Upstox - Brokerage charges & Plans
| Jainam Broking | Upstox | |
|---|---|---|
| Commodity Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹18 per completed order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹18 per completed order | ₹20/ Order |
| Commodity Options | ₹18 per completed order | ₹20/ Order |
| Equity Futures | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per completed order | ₹20/ Order |
| Fixed Charges | ₹18 per completed order | ₹20/ Order |
| Equity Intraday | ₹18 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Jainam Broking Vs Upstox - Margin (Exposure)
| Jainam Broking | 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 |
Jainam Broking Vs Upstox - Other Charges
| Jainam Broking | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹70 + 18 Brokerage per order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 + 18 Brokerage per order | (₹50 + GST) |
| Other Brokerage Charges | ₹18 per completed order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹18 per completed order | ₹20/ Order |
Jainam Broking Vs Upstox - STT/CTT
| Jainam Broking | 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 the Sell Side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Jainam Broking Vs Upstox - Demat transaction charges
| Jainam Broking | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Jainam Broking Vs Upstox - GST
| Jainam Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Jainam Broking Vs Upstox - SEBI Charges
| Jainam Broking | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹15/Crore | ₹10/ Crore |
Jainam Broking Vs Upstox - Features
| Jainam Broking | 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: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:00 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. Jainam Space, 2.Jainam Pro, 3. Jainam Duck | 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 |