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Comparision (SBICAP Securities VS Upstox)

 

SBICAP Securities Vs Upstox

SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry

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.

SBICAP Securities Vs Upstox - Broker Details

SBICAP Securities Upstox
Single Margin Facility
Year of Incorporation 1986 2009
Exchanges NSE, BSE BSE, NSE and MCX
Branches 141+ Zero
Brokerage 0.075% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full service Broker Discount Broker

SBICAP Securities Vs Upstox - Account Opening & AMC Charges

SBICAP Securities Upstox
Trading Account Opening Charge ₹850/- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹750 (₹500/- for e-statement) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

SBICAP Securities Vs Upstox - Brokerage charges & Plans

SBICAP Securities Upstox
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹20/ Order
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 0.05% (whichever is lower)

SBICAP Securities Vs Upstox - Other Charges

SBICAP Securities Upstox
RMS Square Off Charge ₹20/Order (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order (₹50 + GST)
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/Order ₹20/ Order

SBICAP Securities Vs Upstox - Transaction Charges

SBICAP Securities Upstox
Currency Options NSE: 0.05515% ( ₹5515/Crore) NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE:- 0.002206% ( ₹221/Crore) NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE- 0.05515% (Rs.5515/crore) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures 0.002206% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE: 0.00386% | BSE: 0.00384% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

SBICAP Securities Vs Upstox - Margin (Exposure)

SBICAP 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 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)

SBICAP Securities Vs Upstox - Features

SBICAP 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:- 3:20pm | 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 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. 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

SBICAP Securities Vs Upstox - Review & Rating

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

SBICAP Securities Vs Upstox - Request a call back from Broker

SBICAP Securities Upstox

SBICAP Securities Vs Upstox - Investment Options

SBICAP Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

SBICAP Securities Vs Upstox - Order Type

SBICAP 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

SBICAP Securities Vs Upstox - Research & Report

SBICAP Securities Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

SBICAP Securities Vs Upstox - Daily Market Report

SBICAP Securities Upstox
Daily Market Reports & News

SBICAP Securities Vs Upstox - Suitable For Investor

SBICAP Securities Upstox
Casual Investor
Active Investor
Trader

SBICAP Securities Vs Upstox - Pros & Cons

SBICAP Securities Upstox
Pros 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. 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.

SBICAP Securities Vs Upstox - Background

SBICAP Securities Upstox

SBICAP Securities Vs Upstox - Compare All Brokers

SBICAP Securities Upstox

SBICAP Securities Vs Upstox - STT/CTT

SBICAP 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

SBICAP Securities Vs Upstox - Demat transaction charges

SBICAP Securities Upstox
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

SBICAP Securities Vs Upstox - GST

SBICAP Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

SBICAP Securities Vs Upstox - SEBI Charges

SBICAP Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

SBICAP Securities Vs Upstox - Account Opening & AMC Charges

SBICAP Securities
Upstox
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

SBICAP Securities Vs Upstox

SBICAP Securities Upstox
 

SBICAP Securities Review | Brokerage Charges, Account Opening

Incorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries.
• SBICAP Securities Limited
• SBICAP V ..
+ " Vs "+ Upstox
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.

SBICAP Securities Vs Upstox - Brokerage charges & Plans

SBICAP Securities Upstox
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹20/ Order
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

SBICAP Securities Vs Upstox - Margin (Exposure)

SBICAP 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 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)

SBICAP Securities Vs Upstox - Other Charges

SBICAP Securities Upstox
RMS Square Off Charge ₹20/Order (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order (₹50 + GST)
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/Order ₹20/ Order

SBICAP Securities Vs Upstox - STT/CTT

SBICAP 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

SBICAP Securities Vs Upstox - Demat transaction charges

SBICAP Securities Upstox
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

SBICAP Securities Vs Upstox - GST

SBICAP Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

SBICAP Securities Vs Upstox - SEBI Charges

SBICAP Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

SBICAP Securities Vs Upstox - Features

SBICAP 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:- 3:20pm | 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 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. 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

SBICAP Securities

Upstox