Upstox Vs iTradeOnline
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.
iTradeOnline
iTradeOnline Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, iTradeOnline Demat Account Charges and it also gives overview on iTradeOnline NRI Account, iTradeOnline Branches, iTradeOnline Customer Complaints, iTradeOnline Advantages and Disadvantages, iTradeOnline Demat Account Opening as well as information related to share market, iTradeOnline Research Services
Upstox Vs iTradeOnline - Broker Details
| Upstox | iTradeOnline | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 2012 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, NCDEX & MCX |
| Branches | Zero | 400+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs iTradeOnline - Account Opening & AMC Charges
| Upstox | iTradeOnline | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + Service tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹1000 + Service tax (Lifetime AMC) |
| Demat Account AMC | ₹0 (Free) | ₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Upstox Vs iTradeOnline - Brokerage charges & Plans
| Upstox | iTradeOnline | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Upstox Vs iTradeOnline - Other Charges
| Upstox | iTradeOnline | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/ Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Upstox Vs iTradeOnline - Transaction Charges
| Upstox | iTradeOnline | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE: ₹4000/Cr (on premium) (0.04%) | BSE: 1500 |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: ₹190/Cr (0.0019%) |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: ₹5000/Cr (0.05%) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: ₹90/Cr (0.0009%) | BSE: ₹18/Cr (0.00018%) |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) |
| Call Back Open Account |
Upstox Vs iTradeOnline - Margin (Exposure)
| Upstox | iTradeOnline | |
|---|---|---|
| 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 |
Upstox Vs iTradeOnline - Features
| Upstox | iTradeOnline | |
|---|---|---|
| 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: 4:40 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.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Upstox Vs iTradeOnline - Review & Rating
| Upstox | iTradeOnline | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs iTradeOnline - Request a call back from Broker
| Upstox | iTradeOnline | |
|---|---|---|
| Call Back Open Account |
Upstox Vs iTradeOnline - Investment Options
| Upstox | iTradeOnline | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Upstox Vs iTradeOnline - Order Type
| Upstox | iTradeOnline | |
|---|---|---|
| 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 iTradeOnline - Research & Report
| Upstox | iTradeOnline | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Upstox Vs iTradeOnline - Daily Market Report
| Upstox | iTradeOnline | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Upstox Vs iTradeOnline - Suitable For Investor
| Upstox | iTradeOnline | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Upstox Vs iTradeOnline - Pros & Cons
| Upstox | iTradeOnline | |
|---|---|---|
| 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. Lifetime FREE AMC Demat Account is available with a one-time fee of ₹1000. 2. The 2-in-1 account is available (Trading + Demat Account) 3. Trading available at BSE, NSE, and MCX 4.Paperless Instant Account Opening is available with EKYC and Aadhar integration.5.Low-cost brokerage services |
| 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. Higher demat changes in comparison to other discount brokers. 2.It does not provide 3 in 1 account. 3.Trading API's are not available to retail customers. |
| Call Back Open Account |
Upstox Vs iTradeOnline - Background
| Upstox | iTradeOnline | |
|---|---|---|
| Call Back Open Account |
Upstox Vs iTradeOnline - Compare All Brokers
| Upstox | iTradeOnline | |
|---|---|---|
| Call Back Open Account |
Upstox Vs iTradeOnline - STT/CTT
| Upstox | iTradeOnline | |
|---|---|---|
| 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 iTradeOnline - Demat transaction charges
| Upstox | iTradeOnline | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50 + GST per scrip only on sell |
| Call Back Open Account |
Upstox Vs iTradeOnline - GST
| Upstox | iTradeOnline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% of (Brokerage + Transaction Charges) |
| Call Back Open Account |
Upstox Vs iTradeOnline - SEBI Charges
| Upstox | iTradeOnline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs iTradeOnline - Account Opening & AMC Charges
Upstox
iTradeOnline
Trading Account Opening Charge
₹0 (Free)
₹200 + Service tax
Demat Account Opening Charge
₹0 (Free)
₹1000 + Service tax (Lifetime AMC)
Demat Account AMC
₹0 (Free)
₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs iTradeOnline
| Upstox | iTradeOnline | |
|---|---|---|
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. |
iTradeOnline ReviewiTradeonline is an online venture of Trustline Securities Limited. A broker is considered as a mediator between the exchanges and investors and plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. iTradeonline broker provides the facility to invest in .. |
|
|
|
|
|
iTradeOnline
iTradeOnline Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, iTradeOnline Demat Account Charges and it also gives overview on iTradeOnline NRI Account, iTradeOnline Branches, iTradeOnline Customer Complaints, iTradeOnline Advantages and Disadvantages, iTradeOnline Demat Account Opening as well as information related to share market, iTradeOnline Research Services
Upstox Vs iTradeOnline - Brokerage charges & Plans
| Upstox | iTradeOnline | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Upstox Vs iTradeOnline - Margin (Exposure)
| Upstox | iTradeOnline | |
|---|---|---|
| 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 |
Upstox Vs iTradeOnline - Other Charges
| Upstox | iTradeOnline | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/ Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Upstox Vs iTradeOnline - STT/CTT
| Upstox | iTradeOnline | |
|---|---|---|
| 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 iTradeOnline - Demat transaction charges
| Upstox | iTradeOnline | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹50 + GST per scrip only on sell |
| Call Back Open Account |
Upstox Vs iTradeOnline - GST
| Upstox | iTradeOnline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% of (Brokerage + Transaction Charges) |
| Call Back Open Account |
Upstox Vs iTradeOnline - SEBI Charges
| Upstox | iTradeOnline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs iTradeOnline - Features
| Upstox | iTradeOnline | |
|---|---|---|
| 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: 4:40 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.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |