Maitra Vs Upstox
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Maitra Vs Upstox - Broker Details
Maitra | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2012 | 2009 |
Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
Branches | N/A | Zero |
Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account |
Maitra Vs Upstox - Account Opening & AMC Charges
Maitra | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹400 + 18% GST | ₹0 (Free) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Maitra Vs Upstox - Brokerage charges & Plans
Maitra | Upstox | |
---|---|---|
Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹5/Lot Or ₹20/Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Maitra Vs Upstox - Other Charges
Maitra | 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 | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Call Back Open Account |
Maitra Vs Upstox - Transaction Charges
Maitra | Upstox | |
---|---|---|
Currency Options | 0.053% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | 0.05% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | 0.0026% | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | 0.0026% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account |
Maitra Vs Upstox - Margin (Exposure)
Maitra | 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 (no margin) | 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 |
Maitra Vs Upstox - Features
Maitra | 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 :03:18 PM | Currency: 4:45 PM | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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 |
Maitra Vs Upstox - Review & Rating
Maitra | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Maitra Vs Upstox - Request a call back from Broker
Maitra | Upstox | |
---|---|---|
Call Back Open Account |
Maitra Vs Upstox - Investment Options
Maitra | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Maitra Vs Upstox - Order Type
Maitra | 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 |
Maitra Vs Upstox - Research & Report
Maitra | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Maitra Vs Upstox - Daily Market Report
Maitra | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Maitra Vs Upstox - Suitable For Investor
Maitra | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Maitra Vs Upstox - Pros & Cons
Maitra | Upstox | |
---|---|---|
Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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 Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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 |
Maitra Vs Upstox - Background
Maitra | Upstox | |
---|---|---|
Call Back Open Account |
Maitra Vs Upstox - Compare All Brokers
Maitra | Upstox | |
---|---|---|
Call Back Open Account |
Maitra Vs Upstox - STT/CTT
Maitra | Upstox | |
---|---|---|
Commodity Futures | 0.01% | 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% | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and 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 |
Maitra Vs Upstox - Demat transaction charges
Maitra | 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 |
Maitra Vs Upstox - GST
Maitra | 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 |
Maitra Vs Upstox - SEBI Charges
Maitra | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Maitra Vs Upstox - Account Opening & AMC Charges
Maitra Vs Upstox
Maitra | Upstox | |
---|---|---|
Maitra Account Opening Process, Charges, and Required Documents 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. |
|
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.
Maitra Vs Upstox - Brokerage charges & Plans
Maitra | Upstox | |
---|---|---|
Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹5/Lot Or ₹20/Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Maitra Vs Upstox - Margin (Exposure)
Maitra | 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 (no margin) | 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 |
Maitra Vs Upstox - Other Charges
Maitra | 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 | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Maitra Vs Upstox - STT/CTT
Maitra | Upstox | |
---|---|---|
Commodity Futures | 0.01% | 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% | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and 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 |
Maitra Vs Upstox - Demat transaction charges
Maitra | 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 |
Maitra Vs Upstox - GST
Maitra | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Maitra Vs Upstox - SEBI Charges
Maitra | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Upstox - Features
Maitra | 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 :03:18 PM | Currency: 4:45 PM | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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 |