Upstox Vs Farsight 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.
Farsight Securities
Farsight Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Farsight Securities - Broker Details
| Upstox | Farsight Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1995 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | Zero | 7 |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.04% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs Farsight Securities - Account Opening & AMC Charges
| Upstox | Farsight Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Up to ₹1000 |
| Trading Account AMC | ₹0 (Free) | N/A |
| Call Back Open Account |
Upstox Vs Farsight Securities - Brokerage charges & Plans
| Upstox | Farsight Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.35% |
| Equity Options | ₹20/ Order | ₹75 per Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Currency Options | ₹20/ Order | ₹50 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Call Back Open Account |
Upstox Vs Farsight Securities - Other Charges
| Upstox | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/- |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
| Call Back Open Account |
Upstox Vs Farsight Securities - Transaction Charges
| Upstox | Farsight Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.00325% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | 0.00325% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.00325% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | 0.00325% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.00325% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.00325% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.00325% |
| Call Back Open Account |
Upstox Vs Farsight Securities - Margin (Exposure)
| Upstox | Farsight Securities | |
|---|---|---|
| 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 (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 |
Upstox Vs Farsight Securities - Features
| Upstox | Farsight Securities | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Upstox Vs Farsight Securities - Review & Rating
| Upstox | Farsight Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Farsight Securities - Request a call back from Broker
| Upstox | Farsight Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Farsight Securities - Investment Options
| Upstox | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Order Type
| Upstox | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Research & Report
| Upstox | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Daily Market Report
| Upstox | Farsight Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Upstox Vs Farsight Securities - Suitable For Investor
| Upstox | Farsight Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Upstox Vs Farsight Securities - Pros & Cons
| Upstox | Farsight 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.User-Friendly Platform 2.All-in-One Financial App 3. It is a trustworthy broker serving its services since 2006. 4. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 5. It provides free access of regular markets to its customers. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Farsight Securities primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
| Call Back Open Account |
Upstox Vs Farsight Securities - Background
| Upstox | Farsight Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Farsight Securities - Compare All Brokers
| Upstox | Farsight Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Farsight Securities - STT/CTT
| Upstox | Farsight 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(on Premium) |
| 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 Farsight Securities - Demat transaction charges
| Upstox | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Upstox Vs Farsight Securities - GST
| Upstox | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Upstox Vs Farsight Securities - SEBI Charges
| Upstox | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Farsight Securities - Account Opening & AMC Charges
Upstox
Farsight Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Up to ₹1000
Trading Account AMC
₹0 (Free)
N/A
Upstox Vs Farsight Securities
| Upstox | Farsight Securities | |
|---|---|---|
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. |
Farsight Securities Account Opening Process, Charges, and Details |
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Farsight Securities
Farsight Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Farsight Securities - Brokerage charges & Plans
| Upstox | Farsight Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.35% |
| Equity Options | ₹20/ Order | ₹75 per Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Currency Options | ₹20/ Order | ₹50 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.04% |
| Call Back Open Account |
Upstox Vs Farsight Securities - Margin (Exposure)
| Upstox | Farsight Securities | |
|---|---|---|
| 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 (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 |
Upstox Vs Farsight Securities - Other Charges
| Upstox | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/- |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
| Call Back Open Account |
Upstox Vs Farsight Securities - STT/CTT
| Upstox | Farsight 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(on Premium) |
| 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 Farsight Securities - Demat transaction charges
| Upstox | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Upstox Vs Farsight Securities - GST
| Upstox | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Upstox Vs Farsight Securities - SEBI Charges
| Upstox | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Farsight Securities - Features
| Upstox | Farsight Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
|
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| Call Back Open Account |