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Quick Comparision (Parim Finserv VS Upstox)

 
 

Parim Finserv Vs Upstox

Parim Finserv
Parim Finserv 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.

Parim Finserv Vs Upstox - Broker Details

Parim Finserv Upstox
Single Margin Facility
Year of Incorporation N/A 2009
Exchanges BSE, NSE and MCX. BSE, NSE and MCX
Branches 146 Zero
Brokerage 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account

Parim Finserv Vs Upstox - Account Opening & AMC Charges

Parim Finserv Upstox
Trading Account Opening Charge ₹325 + 15% Service Tax ₹0 (Free)
Demat Account Opening Charge ₹325 + 15% Service Tax ₹0 (Free)
Demat Account AMC ₹1375/- Lifetime AMC ₹0 (Free)
Trading Account AMC NA ₹0 (Free)
Call Back Open Account

Parim Finserv Vs Upstox - Brokerage charges & Plans

Parim Finserv Upstox
Commodity Futures N/A ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 2.5% (whichever is lower)
Equity Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Commodity Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Equity Futures 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order or 0.05% (whichever is lower)
Currency Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Fixed Charges 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order
Equity Intraday 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Parim Finserv Vs Upstox - Other Charges

Parim Finserv Upstox
RMS Square Off Charge ₹20 per order (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20 per order (₹50 + GST)
Other Brokerage Charges 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order
Call Back Open Account

Parim Finserv Vs Upstox - Transaction Charges

Parim Finserv 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

Parim Finserv Vs Upstox - Margin (Exposure)

Parim Finserv 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

Parim Finserv Vs Upstox - Features

Parim Finserv 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 Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. 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

Parim Finserv Vs Upstox - Review & Rating

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

Parim Finserv Vs Upstox - Request a call back from Broker

Parim Finserv Upstox
Call Back Open Account

Parim Finserv Vs Upstox - Investment Options

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

Parim Finserv Vs Upstox - Order Type

Parim Finserv 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

Parim Finserv Vs Upstox - Research & Report

Parim Finserv Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Parim Finserv Vs Upstox - Daily Market Report

Parim Finserv Upstox
Daily Market Reports & News
Call Back Open Account

Parim Finserv Vs Upstox - Suitable For Investor

Parim Finserv Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Parim Finserv Vs Upstox - Pros & Cons

Parim Finserv Upstox
Pros 1. offer a variety of investment options 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. good customer service, 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. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. 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

Parim Finserv Vs Upstox - Background

Parim Finserv Upstox
Call Back Open Account

Parim Finserv Vs Upstox - Compare All Brokers

Parim Finserv Upstox
Call Back Open Account

Parim Finserv Vs Upstox - STT/CTT

Parim Finserv 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

Parim Finserv Vs Upstox - Demat transaction charges

Parim Finserv Upstox
Equity Demat Transaction Charges ₹20 + 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

Parim Finserv Vs Upstox - GST

Parim Finserv 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

Parim Finserv Vs Upstox - SEBI Charges

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

Parim Finserv Vs Upstox - Account Opening & AMC Charges

Parim Finserv
Upstox
Trading Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
 
Call Back Open Account

Parim Finserv Vs Upstox

Parim Finserv Upstox
 

Parim Finserve Account Opening Charges 

Read more..

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.

Parim Finserv Vs Upstox - Brokerage charges & Plans

Parim Finserv Upstox
Commodity Futures N/A ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 2.5% (whichever is lower)
Equity Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Commodity Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Equity Futures 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order or 0.05% (whichever is lower)
Currency Options 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot ₹20/ Order
Fixed Charges 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order
Equity Intraday 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Parim Finserv Vs Upstox - Margin (Exposure)

Parim Finserv 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

Parim Finserv Vs Upstox - Other Charges

Parim Finserv Upstox
RMS Square Off Charge ₹20 per order (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20 per order (₹50 + GST)
Other Brokerage Charges 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] ₹20/ Order

Parim Finserv Vs Upstox - STT/CTT

Parim Finserv 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

Parim Finserv Vs Upstox - Demat transaction charges

Parim Finserv Upstox
Equity Demat Transaction Charges ₹20 + Gst per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Parim Finserv Vs Upstox - GST

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

Parim Finserv Vs Upstox - SEBI Charges

Parim Finserv Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

Parim Finserv Vs Upstox - Features

Parim Finserv 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 Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. 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

Parim Finserv

Upstox