mStock Vs Upstox
mStock
mStock 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.
mStock Vs Upstox - Broker Details
mStock | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2022 | 2009 |
Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
Branches | N/A | Zero |
Brokerage | ₹0 | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Account Opening & AMC Charges
mStock | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Brokerage charges & Plans
mStock | Upstox | |
---|---|---|
Commodity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹0 | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹0 | ₹20/ Order |
Commodity Options | ₹0 | ₹20/ Order |
Equity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹0 | ₹20/ Order |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Other Charges
mStock | 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 | ₹0 (Free) | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Transaction Charges
mStock | Upstox | |
---|---|---|
Currency Options | NSE: Exchange txn charge: 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 | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | NSE: 0.050% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Margin (Exposure)
mStock | 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 |
mStock Vs Upstox - Features
mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | 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 |
mStock Vs Upstox - Review & Rating
mStock | 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 |
mStock Vs Upstox - Request a call back from Broker
mStock | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Investment Options
mStock | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Order Type
mStock | 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 |
mStock Vs Upstox - Research & Report
mStock | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Daily Market Report
mStock | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Suitable For Investor
mStock | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Pros & Cons
mStock | Upstox | |
---|---|---|
Pros | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. | 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. | 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 |
mStock Vs Upstox - Background
mStock | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Compare All Brokers
mStock | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - STT/CTT
mStock | 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 both Buy and 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 | Call Back Open Account |
mStock Vs Upstox - Demat transaction charges
mStock | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + 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 |
mStock Vs Upstox - GST
mStock | 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 |
mStock Vs Upstox - SEBI Charges
mStock | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Account Opening & AMC Charges
mStock Vs Upstox
mStock | Upstox | |
---|---|---|
mStock Review 2024mStock .. |
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.
mStock Vs Upstox - Brokerage charges & Plans
mStock | Upstox | |
---|---|---|
Commodity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹0 | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹0 | ₹20/ Order |
Commodity Options | ₹0 | ₹20/ Order |
Equity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹0 | ₹20/ Order |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
mStock Vs Upstox - Margin (Exposure)
mStock | 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 |
mStock Vs Upstox - Other Charges
mStock | 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 | ₹0 (Free) | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account |
mStock Vs Upstox - STT/CTT
mStock | 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 both Buy and 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 |
mStock Vs Upstox - Demat transaction charges
mStock | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + 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 |
mStock Vs Upstox - GST
mStock | 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 |
mStock Vs Upstox - SEBI Charges
mStock | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore |
Call Back Open Account |
mStock Vs Upstox - Features
mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | 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 |