TradeSwift Vs Upstox
TradeSwift
TradeSwift Broking 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.
TradeSwift Vs Upstox - Broker Details
| TradeSwift | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2003 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 22 | Zero |
| Brokerage | 0.03% per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
TradeSwift Vs Upstox - Account Opening & AMC Charges
| TradeSwift | Upstox | |
|---|---|---|
| Trading Account Opening Charge | Plan A - ₹299 | Plan B - ₹299 | Plan C - ₹299 | ₹0 (Free) |
| Demat Account Opening Charge | Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Plan A - ₹0 (Free) | Plan B - ₹250 Yearly | Plan C -₹850 Lifetime | ₹0 (Free) |
| Trading Account AMC | Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free) | ₹0 (Free) |
TradeSwift Vs Upstox - Brokerage charges & Plans
| TradeSwift | Upstox | |
|---|---|---|
| Commodity Futures | 0.3% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.3% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹75/lot | ₹20/ Order |
| Commodity Options | ₹75/lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹30/lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
TradeSwift Vs Upstox - Other Charges
| TradeSwift | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
TradeSwift Vs Upstox - Transaction Charges
| TradeSwift | Upstox | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 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: 0.002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.053% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | 0.0026% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% | 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 | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
TradeSwift Vs Upstox - Margin (Exposure)
| TradeSwift | 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) |
TradeSwift Vs Upstox - Features
| TradeSwift | 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 & F&O:- 3:15pm | 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. TradeSwift ODIN Diet - Desktop-based trading terminal, 2. TradeSwift Mobile App, 3. TradeSwift Web Platform | 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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TradeSwift Vs Upstox - Review & Rating
| TradeSwift | Upstox | |
|---|---|---|
| Trading Brokerage | 0.03% per order | |
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
TradeSwift Vs Upstox - Request a call back from Broker
| TradeSwift | Upstox | |
|---|---|---|
TradeSwift Vs Upstox - Investment Options
| TradeSwift | 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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TradeSwift Vs Upstox - Order Type
| TradeSwift | 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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TradeSwift Vs Upstox - Research & Report
| TradeSwift | 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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TradeSwift Vs Upstox - Daily Market Report
| TradeSwift | Upstox | |
|---|---|---|
| Daily Market Reports & News |
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TradeSwift Vs Upstox - Suitable For Investor
| TradeSwift | Upstox | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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TradeSwift Vs Upstox - Pros & Cons
| TradeSwift | Upstox | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
TradeSwift Vs Upstox - Background
| TradeSwift | Upstox | |
|---|---|---|
TradeSwift Vs Upstox - Compare All Brokers
| TradeSwift | Upstox | |
|---|---|---|
TradeSwift Vs Upstox - STT/CTT
| TradeSwift | 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 buy & 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 |
TradeSwift Vs Upstox - Demat transaction charges
| TradeSwift | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
TradeSwift Vs Upstox - GST
| TradeSwift | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
TradeSwift Vs Upstox - SEBI Charges
| TradeSwift | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
TradeSwift Vs Upstox - Account Opening & AMC Charges
TradeSwift
Upstox
Trading Account Opening Charge
Plan A - ₹299 | Plan B - ₹299 | Plan C - ₹299
₹0 (Free)
Demat Account Opening Charge
Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free)
₹0 (Free)
Demat Account AMC
Plan A - ₹0 (Free) | Plan B - ₹250 Yearly | Plan C -₹850 Lifetime
₹0 (Free)
Trading Account AMC
Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free)
₹0 (Free)
TradeSwift Vs Upstox
| TradeSwift | Upstox | |
|---|---|---|
TradeSwift Broking Trading Software Reviews | Trading Platform Features and Details |
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.
TradeSwift Vs Upstox - Brokerage charges & Plans
| TradeSwift | Upstox | |
|---|---|---|
| Commodity Futures | 0.3% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.3% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹75/lot | ₹20/ Order |
| Commodity Options | ₹75/lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹30/lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
TradeSwift Vs Upstox - Margin (Exposure)
| TradeSwift | 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) |
TradeSwift Vs Upstox - Other Charges
| TradeSwift | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | (₹50 + GST) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
TradeSwift Vs Upstox - STT/CTT
| TradeSwift | 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 buy & 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 |
TradeSwift Vs Upstox - Demat transaction charges
| TradeSwift | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
TradeSwift Vs Upstox - GST
| TradeSwift | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
TradeSwift Vs Upstox - SEBI Charges
| TradeSwift | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
TradeSwift Vs Upstox - Features
| TradeSwift | Upstox | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | 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. TradeSwift ODIN Diet - Desktop-based trading terminal, 2. TradeSwift Mobile App, 3. TradeSwift Web Platform | 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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