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 |
Call Back Open Account |
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 - 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 - 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 |
Call Back Open Account |
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 |
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) |
Call Back Open Account |
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 | ||
Call Back Open Account |
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 | |
---|---|---|
Call Back Open Account |
SBICAP Securities Vs Upstox - Investment Options
SBICAP Securities | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
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 | ||
Call Back Open Account |
SBICAP Securities Vs Upstox - Research & Report
SBICAP Securities | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
SBICAP Securities Vs Upstox - Daily Market Report
SBICAP Securities | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
SBICAP Securities Vs Upstox - Suitable For Investor
SBICAP Securities | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
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. |
Call Back Open Account |
SBICAP Securities Vs Upstox - Background
SBICAP Securities | Upstox | |
---|---|---|
Call Back Open Account |
SBICAP Securities Vs Upstox - Compare All Brokers
SBICAP Securities | Upstox | |
---|---|---|
Call Back Open Account |
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 |
Call Back Open Account |
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 |
Call Back Open Account |
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) |
Call Back Open Account |
SBICAP Securities Vs Upstox - SEBI Charges
SBICAP Securities | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
SBICAP Securities Vs Upstox - Account Opening & AMC Charges
SBICAP Securities Vs Upstox
SBICAP Securities | Upstox | |
---|---|---|
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated 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 |
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.
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) |
Call Back Open Account |
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 | ||
Call Back Open Account |