TradePlus Vs Upstox
TradePlus
TradePlus 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.
TradePlus Vs Upstox - Broker Details
| TradePlus | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1983 | 2009 |
| Exchanges | BSE, NSE, MCX, and CDSL | BSE, NSE and MCX |
| Branches | N/A | Zero |
| Brokerage | 0.025% on the Sell Side | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
TradePlus Vs Upstox - Account Opening & AMC Charges
| TradePlus | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
| Call Back Open Account |
TradePlus Vs Upstox - Brokerage charges & Plans
| TradePlus | Upstox | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹99 per month or ₹20 per lot each side | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order |
| Commodity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹99 per month or ₹20 per lot each side | ₹20/ Order |
| Fixed Charges | 0.01% | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
TradePlus Vs Upstox - Other Charges
| TradePlus | Upstox | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | ₹1500 + GST for a month | ₹0 (Free) |
| Call & Trade Charges | ₹ 75/- per day +GST | (₹50 + GST) |
| Other Brokerage Charges | 0.01% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.01% | ₹20/ Order |
| Call Back Open Account |
TradePlus Vs Upstox - Transaction Charges
| TradePlus | Upstox | |
|---|---|---|
| Currency Options | NSE: 0.037% | BSE: 0.00025% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: NSE: 0.002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00335% | BSE:0.00375% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.0505% | BSE:0.00375% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | NSE: 0.0026% | BSE:0.0014% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.00095% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00375% | BSE:0.00335% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
TradePlus Vs Upstox - Margin (Exposure)
| TradePlus | 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 |
TradePlus Vs Upstox - Features
| TradePlus | Upstox | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Rocket, 2. Rocket Plus, 3. Infinity MF | 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |
TradePlus Vs Upstox - Review & Rating
| TradePlus | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
TradePlus Vs Upstox - Request a call back from Broker
| TradePlus | Upstox | |
|---|---|---|
| Call Back Open Account |
TradePlus Vs Upstox - Investment Options
| TradePlus | Upstox | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
TradePlus Vs Upstox - Order Type
| TradePlus | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
TradePlus Vs Upstox - Research & Report
| TradePlus | Upstox | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
TradePlus Vs Upstox - Daily Market Report
| TradePlus | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
TradePlus Vs Upstox - Suitable For Investor
| TradePlus | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
TradePlus Vs Upstox - Pros & Cons
| TradePlus | Upstox | |
|---|---|---|
| Pros | 1. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources | 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. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services | 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 |
TradePlus Vs Upstox - Background
| TradePlus | Upstox | |
|---|---|---|
| Call Back Open Account |
TradePlus Vs Upstox - Compare All Brokers
| TradePlus | Upstox | |
|---|---|---|
| Call Back Open Account |
TradePlus Vs Upstox - STT/CTT
| TradePlus | 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 |
TradePlus Vs Upstox - Demat transaction charges
| TradePlus | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ 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 |
TradePlus Vs Upstox - GST
| TradePlus | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
TradePlus Vs Upstox - SEBI Charges
| TradePlus | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
TradePlus Vs Upstox - Account Opening & AMC Charges
TradePlus
Upstox
Trading Account Opening Charge
₹99* per month (This charge depends on the plan)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹99* per month (This charge depends on the plan)
₹0 (Free)
TradePlus Vs Upstox
| TradePlus | Upstox | |
|---|---|---|
TradePlus Online Review 2024 |
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.
TradePlus Vs Upstox - Brokerage charges & Plans
| TradePlus | Upstox | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹99 per month or ₹20 per lot each side | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order |
| Commodity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹99 per month or ₹20 per lot each side | ₹20/ Order |
| Fixed Charges | 0.01% | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
TradePlus Vs Upstox - Margin (Exposure)
| TradePlus | 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 |
TradePlus Vs Upstox - Other Charges
| TradePlus | Upstox | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | ₹1500 + GST for a month | ₹0 (Free) |
| Call & Trade Charges | ₹ 75/- per day +GST | (₹50 + GST) |
| Other Brokerage Charges | 0.01% | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.01% | ₹20/ Order |
TradePlus Vs Upstox - STT/CTT
| TradePlus | 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 |
TradePlus Vs Upstox - Demat transaction charges
| TradePlus | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ Gst per scrip only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
TradePlus Vs Upstox - GST
| TradePlus | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
TradePlus Vs Upstox - SEBI Charges
| TradePlus | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
TradePlus Vs Upstox - Features
| TradePlus | 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Rocket, 2. Rocket Plus, 3. Infinity MF | 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 |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account |