Upstox Vs Maverick
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.
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Maverick - Broker Details
Upstox | Maverick | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 2000 |
Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
Branches | Zero | N/A |
Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.01% per order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account |
Upstox Vs Maverick - Account Opening & AMC Charges
Upstox | Maverick | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹0 (Free) | ₹300 per year | ₹999 for Lifetime |
Trading Account AMC | ₹0 (Free) | NA |
Call Back Open Account |
Upstox Vs Maverick - Brokerage charges & Plans
Upstox | Maverick | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.1% per order |
Equity Options | ₹20/ Order | Rs. 10 per lot |
Commodity Options | ₹20/ Order | Rs. 10 per lot |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Currency Options | ₹20/ Order | Rs. 10 per lot |
Fixed Charges | ₹20/ Order | 0.01% per order |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Call Back Open Account |
Upstox Vs Maverick - Other Charges
Upstox | Maverick | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | (₹50 + GST) | ₹20/Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.01% per order |
Minimum Brokerage | ₹20/ Order | 0.01% per order |
Call Back Open Account |
Upstox Vs Maverick - Transaction Charges
Upstox | Maverick | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | Exchange txn charge: 0.035%e |
Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.0019% |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.05% (on premium) |
Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Call Back Open Account |
Upstox Vs Maverick - Margin (Exposure)
Upstox | Maverick | |
---|---|---|
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 Maverick - Features
Upstox | Maverick | |
---|---|---|
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: 4:30PM | 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. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Upstox Vs Maverick - Review & Rating
Upstox | Maverick | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Upstox Vs Maverick - Request a call back from Broker
Upstox | Maverick | |
---|---|---|
Call Back Open Account |
Upstox Vs Maverick - Investment Options
Upstox | Maverick | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Upstox Vs Maverick - Order Type
Upstox | Maverick | |
---|---|---|
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 Maverick - Research & Report
Upstox | Maverick | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Upstox Vs Maverick - Daily Market Report
Upstox | Maverick | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Upstox Vs Maverick - Suitable For Investor
Upstox | Maverick | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Upstox Vs Maverick - Pros & Cons
Upstox | Maverick | |
---|---|---|
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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Call Back Open Account |
Upstox Vs Maverick - Background
Upstox | Maverick | |
---|---|---|
Call Back Open Account |
Upstox Vs Maverick - Compare All Brokers
Upstox | Maverick | |
---|---|---|
Call Back Open Account |
Upstox Vs Maverick - STT/CTT
Upstox | Maverick | |
---|---|---|
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 | 0.0625% 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 | 0.0125% on sell side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs Maverick - Demat transaction charges
Upstox | Maverick | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | Rs.20 /- |
Call Back Open Account |
Upstox Vs Maverick - GST
Upstox | Maverick | |
---|---|---|
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 Maverick - SEBI Charges
Upstox | Maverick | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs Maverick - Account Opening & AMC Charges
Upstox Vs Maverick
Upstox | Maverick | |
---|---|---|
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. |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Maverick - Brokerage charges & Plans
Upstox | Maverick | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.1% per order |
Equity Options | ₹20/ Order | Rs. 10 per lot |
Commodity Options | ₹20/ Order | Rs. 10 per lot |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Currency Options | ₹20/ Order | Rs. 10 per lot |
Fixed Charges | ₹20/ Order | 0.01% per order |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.01% per order |
Call Back Open Account |
Upstox Vs Maverick - Margin (Exposure)
Upstox | Maverick | |
---|---|---|
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 Maverick - Other Charges
Upstox | Maverick | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | (₹50 + GST) | ₹20/Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.01% per order |
Minimum Brokerage | ₹20/ Order | 0.01% per order |
Call Back Open Account |
Upstox Vs Maverick - STT/CTT
Upstox | Maverick | |
---|---|---|
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 | 0.0625% 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 | 0.0125% on sell side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs Maverick - Demat transaction charges
Upstox | Maverick | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | Rs.20 /- |
Call Back Open Account |
Upstox Vs Maverick - GST
Upstox | Maverick | |
---|---|---|
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 Maverick - SEBI Charges
Upstox | Maverick | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs Maverick - Features
Upstox | Maverick | |
---|---|---|
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: 4:30PM | 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. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |