Upstox Vs Bajaj Finserve
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.
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs Bajaj Finserve - Broker Details
Upstox | Bajaj Finserve | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 2007 |
Exchanges | BSE, NSE and MCX | NSE, BSE |
Branches | Zero | 294+ |
Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Account Opening & AMC Charges
Upstox | Bajaj Finserve | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹0 (Free) | ₹199- (2nd Year Onwards) |
Trading Account AMC | ₹0 (Free) | ₹899- per annum |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Brokerage charges & Plans
Upstox | Bajaj Finserve | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Equity Options | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Commodity Options | ₹20/ Order | N/A |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Currency Options | ₹20/ Order | N/A |
Fixed Charges | ₹20/ Order | N/A |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Other Charges
Upstox | Bajaj Finserve | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹20/ Order |
API Charges | ₹0 (Free) | |
Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Transaction Charges
Upstox | Bajaj Finserve | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | N/A |
Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% |
Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | N/A |
Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Margin (Exposure)
Upstox | Bajaj Finserve | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
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 | Call Back Open Account |
Upstox Vs Bajaj Finserve - Features
Upstox | Bajaj Finserve | |
---|---|---|
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:- 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 | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
Trading 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 | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Review & Rating
Upstox | Bajaj Finserve | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Request a call back from Broker
Upstox | Bajaj Finserve | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Investment Options
Upstox | Bajaj Finserve | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Order Type
Upstox | Bajaj Finserve | |
---|---|---|
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 | Call Back Open Account |
Upstox Vs Bajaj Finserve - Research & Report
Upstox | Bajaj Finserve | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Daily Market Report
Upstox | Bajaj Finserve | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Suitable For Investor
Upstox | Bajaj Finserve | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Pros & Cons
Upstox | Bajaj Finserve | |
---|---|---|
Pros | 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. | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. |
Cons | 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. | 1.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Background
Upstox | Bajaj Finserve | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Compare All Brokers
Upstox | Bajaj Finserve | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - STT/CTT
Upstox | Bajaj Finserve | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Demat transaction charges
Upstox | Bajaj Finserve | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹30 + GST per scrip only on sell |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - GST
Upstox | Bajaj Finserve | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - SEBI Charges
Upstox | Bajaj Finserve | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Account Opening & AMC Charges
Upstox Vs Bajaj Finserve
Upstox | Bajaj Finserve | |
---|---|---|
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. |
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. |
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Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs Bajaj Finserve - Brokerage charges & Plans
Upstox | Bajaj Finserve | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Equity Options | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Commodity Options | ₹20/ Order | N/A |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Currency Options | ₹20/ Order | N/A |
Fixed Charges | ₹20/ Order | N/A |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Call Back Open Account | Call Back Open Account |
Upstox Vs Bajaj Finserve - Margin (Exposure)
Upstox | Bajaj Finserve | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
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 | Call Back Open Account |
Upstox Vs Bajaj Finserve - Other Charges
Upstox | Bajaj Finserve | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹20/ Order |
API Charges | ₹0 (Free) | |
Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account |
Upstox Vs Bajaj Finserve - STT/CTT
Upstox | Bajaj Finserve | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs Bajaj Finserve - Demat transaction charges
Upstox | Bajaj Finserve | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹30 + GST per scrip only on sell |
Call Back Open Account |
Upstox Vs Bajaj Finserve - GST
Upstox | Bajaj Finserve | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Call Back Open Account |
Upstox Vs Bajaj Finserve - SEBI Charges
Upstox | Bajaj Finserve | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs Bajaj Finserve - Features
Upstox | Bajaj Finserve | |
---|---|---|
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:- 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 | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
Trading 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 | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |