Upstox Vs DPTradeKing
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.
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs DPTradeKing - Broker Details
| Upstox | DPTradeKing | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2016 |
| Exchanges | BSE, NSE and MCX | BSE, NSE and MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.05% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs DPTradeKing - Account Opening & AMC Charges
| Upstox | DPTradeKing | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Upstox Vs DPTradeKing - Brokerage charges & Plans
| Upstox | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Call Back Open Account |
Upstox Vs DPTradeKing - Other Charges
| Upstox | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
Upstox Vs DPTradeKing - Transaction Charges
| Upstox | DPTradeKing | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.00345% Of Total Turnover value |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| 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% | 0.00090% of Total Future Turnover value |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
Upstox Vs DPTradeKing - Margin (Exposure)
| Upstox | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Features
| Upstox | DPTradeKing | |
|---|---|---|
| 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:- 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 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.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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Upstox Vs DPTradeKing - Review & Rating
| Upstox | DPTradeKing | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs DPTradeKing - Request a call back from Broker
| Upstox | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Upstox Vs DPTradeKing - Investment Options
| Upstox | DPTradeKing | |
|---|---|---|
| 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 |
Upstox Vs DPTradeKing - Order Type
| Upstox | DPTradeKing | |
|---|---|---|
| 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 |
Upstox Vs DPTradeKing - Research & Report
| Upstox | DPTradeKing | |
|---|---|---|
| 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 |
Upstox Vs DPTradeKing - Daily Market Report
| Upstox | DPTradeKing | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Upstox Vs DPTradeKing - Suitable For Investor
| Upstox | DPTradeKing | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Upstox Vs DPTradeKing - Pros & Cons
| Upstox | DPTradeKing | |
|---|---|---|
| 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.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. |
| 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.Downsides of using DP TradeKing 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, 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 |
Upstox Vs DPTradeKing - Background
| Upstox | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Upstox Vs DPTradeKing - Compare All Brokers
| Upstox | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Upstox Vs DPTradeKing - STT/CTT
| Upstox | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
| Call Back Open Account |
Upstox Vs DPTradeKing - Demat transaction charges
| Upstox | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
Upstox Vs DPTradeKing - GST
| Upstox | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
Upstox Vs DPTradeKing - SEBI Charges
| Upstox | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Upstox Vs DPTradeKing - Account Opening & AMC Charges
Upstox
DPTradeKing
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs DPTradeKing
| Upstox | DPTradeKing | |
|---|---|---|
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. |
DPTradeKing Account Opening Process and Charges Details |
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DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Upstox Vs DPTradeKing - Brokerage charges & Plans
| Upstox | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.05% per order |
| Call Back Open Account |
Upstox Vs DPTradeKing - Margin (Exposure)
| Upstox | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Other Charges
| Upstox | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
Upstox Vs DPTradeKing - STT/CTT
| Upstox | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% on sell trade |
| Call Back Open Account |
Upstox Vs DPTradeKing - Demat transaction charges
| Upstox | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
Upstox Vs DPTradeKing - GST
| Upstox | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
Upstox Vs DPTradeKing - SEBI Charges
| Upstox | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Upstox Vs DPTradeKing - Features
| Upstox | DPTradeKing | |
|---|---|---|
| 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 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.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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |