Reliance Securities Vs Upstox
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, 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.
Reliance Securities Vs Upstox - Broker Details
Reliance Securities | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2005 | 2009 |
Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | BSE, NSE and MCX |
Branches | 80+ | Zero |
Brokerage | 0.05% | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Full service Broker | Discount Broker |
Call Back Open Account |
Reliance Securities Vs Upstox - Account Opening & AMC Charges
Reliance Securities | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹2500/- life time free | ₹0 (Free) |
Trading Account AMC | ₹2500/- life time free | ₹0 (Free) |
Call Back Open Account |
Reliance Securities Vs Upstox - Brokerage charges & Plans
Reliance Securities | Upstox | |
---|---|---|
Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Reliance Securities Vs Upstox - Other Charges
Reliance Securities | Upstox | |
---|---|---|
RMS Square Off Charge | - | (₹50 + GST) |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | (₹50 + GST) |
Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | 0.05% | ₹20/ Order |
Call Back Open Account |
Reliance Securities Vs Upstox - Transaction Charges
Reliance Securities | Upstox | |
---|---|---|
Currency Options | NSE: 0.04174% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | NSE: 0.0032% | BSE: 0.003% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | NSE:0.05% | BSE:0.0005% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | NSE: 0.0009% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account |
Reliance Securities Vs Upstox - Margin (Exposure)
Reliance 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 | Up to 3 times with 21% interest per year | 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 |
Reliance Securities Vs Upstox - Features
Reliance 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:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc | 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 |
Reliance Securities Vs Upstox - Review & Rating
Reliance Securities | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Reliance Securities Vs Upstox - Request a call back from Broker
Reliance Securities | Upstox | |
---|---|---|
Call Back Open Account |
Reliance Securities Vs Upstox - Investment Options
Reliance Securities | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Reliance Securities Vs Upstox - Order Type
Reliance 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 |
Reliance Securities Vs Upstox - Research & Report
Reliance Securities | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Reliance Securities Vs Upstox - Daily Market Report
Reliance Securities | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Reliance Securities Vs Upstox - Suitable For Investor
Reliance Securities | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Reliance Securities Vs Upstox - Pros & Cons
Reliance Securities | Upstox | |
---|---|---|
Pros | 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. | 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 |
Reliance Securities Vs Upstox - Background
Reliance Securities | Upstox | |
---|---|---|
Call Back Open Account |
Reliance Securities Vs Upstox - Compare All Brokers
Reliance Securities | Upstox | |
---|---|---|
Call Back Open Account |
Reliance Securities Vs Upstox - STT/CTT
Reliance 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 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 |
Reliance Securities Vs Upstox - Demat transaction charges
Reliance Securities | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹27+ Gst per scrip per day 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 |
Reliance Securities Vs Upstox - GST
Reliance 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 |
Reliance Securities Vs Upstox - SEBI Charges
Reliance Securities | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Reliance Securities Vs Upstox - Account Opening & AMC Charges
Reliance Securities Vs Upstox
Reliance Securities | Upstox | |
---|---|---|
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. + " Vs "+ Upstox |
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.
Reliance Securities Vs Upstox - Brokerage charges & Plans
Reliance Securities | Upstox | |
---|---|---|
Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Reliance Securities Vs Upstox - Margin (Exposure)
Reliance 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 | Up to 3 times with 21% interest per year | 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 |
Reliance Securities Vs Upstox - Other Charges
Reliance Securities | Upstox | |
---|---|---|
RMS Square Off Charge | - | (₹50 + GST) |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | (₹50 + GST) |
Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | 0.05% | ₹20/ Order |
Reliance Securities Vs Upstox - STT/CTT
Reliance 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 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 |
Reliance Securities Vs Upstox - Demat transaction charges
Reliance Securities | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Reliance Securities Vs Upstox - GST
Reliance 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) |
Reliance Securities Vs Upstox - SEBI Charges
Reliance Securities | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Reliance Securities Vs Upstox - Features
Reliance 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:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc | 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 |