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Quick Comparision (Upstox VS Definedge Securities)

 
 

Upstox Vs Definedge Securities

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.


Definedge Securities

Upstox Vs Definedge Securities - Broker Details

Upstox Definedge Securities
Single Margin Facility
Year of Incorporation 2009 2015
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX.
Branches Zero 270
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹18 per executed order
Broker Type Discount Broker Discount Broker
Call Back Open Account

Upstox Vs Definedge Securities - Account Opening & AMC Charges

Upstox Definedge Securities
Trading Account Opening Charge ₹0 (Free) ₹180
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹300
Trading Account AMC ₹0 (Free) ₹300 AMC
Call Back Open Account

Upstox Vs Definedge Securities - Brokerage charges & Plans

Upstox Definedge Securities
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order ₹18 per executed order
Commodity Options ₹20/ Order ₹18 per executed order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹20/ Order ₹18 per executed order
Fixed Charges ₹20/ Order ₹18 per executed order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹ 18 per executed order whichever is lower
Call Back Open Account

Upstox Vs Definedge Securities - Other Charges

Upstox Definedge Securities
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹36/- per order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹18 per executed order
Minimum Brokerage ₹20/ Order ₹18 per executed order
Call Back Open Account

Upstox Vs Definedge Securities - Transaction Charges

Upstox Definedge Securities
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)
Call Back Open Account

Upstox Vs Definedge Securities - Margin (Exposure)

Upstox Definedge Securities
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of Normal 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 Normal margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure)
Call Back Open Account

Upstox Vs Definedge Securities - Features

Upstox Definedge Securities
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox Vs Definedge Securities - Review & Rating

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

Upstox Vs Definedge Securities - Request a call back from Broker

Upstox Definedge Securities
Call Back Open Account

Upstox Vs Definedge Securities - Investment Options

Upstox Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Upstox Vs Definedge Securities - Order Type

Upstox Definedge Securities
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

Upstox Vs Definedge Securities - Research & Report

Upstox Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Upstox Vs Definedge Securities - Daily Market Report

Upstox Definedge Securities
Daily Market Reports & News
Call Back Open Account

Upstox Vs Definedge Securities - Suitable For Investor

Upstox Definedge Securities
Casual Investor
Active Investor
Trader
Call Back Open Account

Upstox Vs Definedge Securities - Pros & Cons

Upstox Definedge Securities
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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support.
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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners.
Call Back Open Account

Upstox Vs Definedge Securities - Background

Upstox Definedge Securities
Call Back Open Account

Upstox Vs Definedge Securities - Compare All Brokers

Upstox Definedge Securities
Call Back Open Account

Upstox Vs Definedge Securities - STT/CTT

Upstox Definedge Securities
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
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy and 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 Definedge Securities - Demat transaction charges

Upstox Definedge Securities
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹0 (Free)
Call Back Open Account

Upstox Vs Definedge Securities - GST

Upstox Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges)
Call Back Open Account

Upstox Vs Definedge Securities - SEBI Charges

Upstox Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account

Upstox Vs Definedge Securities - Account Opening & AMC Charges

Upstox
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
 

Upstox Vs Definedge Securities

Upstox Definedge Securities
 

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.

+ " Vs "+ Definedge Securities

Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

Read more..

 
 

Definedge Securities

Upstox Vs Definedge Securities - Brokerage charges & Plans

Upstox Definedge Securities
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order ₹18 per executed order
Commodity Options ₹20/ Order ₹18 per executed order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹20/ Order ₹18 per executed order
Fixed Charges ₹20/ Order ₹18 per executed order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹ 18 per executed order whichever is lower
Call Back Open Account

Upstox Vs Definedge Securities - Margin (Exposure)

Upstox Definedge Securities
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of Normal 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 Normal margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure)
Call Back Open Account

Upstox Vs Definedge Securities - Other Charges

Upstox Definedge Securities
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹36/- per order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹18 per executed order
Minimum Brokerage ₹20/ Order ₹18 per executed order
Call Back Open Account

Upstox Vs Definedge Securities - STT/CTT

Upstox Definedge Securities
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
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy and 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 Definedge Securities - Demat transaction charges

Upstox Definedge Securities
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹0 (Free)
Call Back Open Account

Upstox Vs Definedge Securities - GST

Upstox Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges)
Call Back Open Account

Upstox Vs Definedge Securities - SEBI Charges

Upstox Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account

Upstox Vs Definedge Securities - Features

Upstox Definedge Securities
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Definedge Securities