Upstox Vs Share India 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.
Share India Securities
Share India 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 Share India Securities - Broker Details
| Upstox | Share India Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 1994 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 729 |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹20 per completed order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs Share India Securities - Account Opening & AMC Charges
| Upstox | Share India Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Free 365 days after that ₹300 per Year |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Upstox Vs Share India Securities - Brokerage charges & Plans
| Upstox | Share India Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹0 Brokerage |
| Equity Options | ₹20/ Order | ₹20 per completed order |
| Commodity Options | ₹20/ Order | ₹20 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Options | ₹20/ Order | ₹20 per completed order |
| Fixed Charges | ₹20/ Order | ₹20 per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Call Back Open Account |
Upstox Vs Share India Securities - Other Charges
| Upstox | Share India Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 per completed order |
| Call Back Open Account |
Upstox Vs Share India Securities - Transaction Charges
| Upstox | Share India Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE : 0.046% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | BSE: 0.00345% NSE: 0.00345% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.053% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE : 0.00135% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | BSE: 0.00345% | NSE: 0.00345% |
| Call Back Open Account |
Upstox Vs Share India Securities - Margin (Exposure)
| Upstox | Share India Securities | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (0% 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 the 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 (0% of NRML margin (Span + Exposure)) |
| Call Back Open Account |
Upstox Vs Share India Securities - Features
| Upstox | Share India 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:- 3:20pm | 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. Web Trading Platform, 2. Share India - Demat & Trading Trading App, 3. Now Trading Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Upstox Vs Share India Securities - Review & Rating
| Upstox | Share India Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Share India Securities - Request a call back from Broker
| Upstox | Share India Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Share India Securities - Investment Options
| Upstox | Share India Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Upstox Vs Share India Securities - Order Type
| Upstox | Share India 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 Share India Securities - Research & Report
| Upstox | Share India Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Upstox Vs Share India Securities - Daily Market Report
| Upstox | Share India Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Upstox Vs Share India Securities - Suitable For Investor
| Upstox | Share India Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Upstox Vs Share India Securities - Pros & Cons
| Upstox | Share India 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 interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. 8. Advanced trading platforms. |
| 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 market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firm. |
| Call Back Open Account |
Upstox Vs Share India Securities - Background
| Upstox | Share India Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Share India Securities - Compare All Brokers
| Upstox | Share India Securities | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Share India Securities - STT/CTT
| Upstox | Share India 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 the 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 Share India Securities - Demat transaction charges
| Upstox | Share India Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Upstox Vs Share India Securities - GST
| Upstox | Share India 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 Share India Securities - SEBI Charges
| Upstox | Share India Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Share India Securities - Account Opening & AMC Charges
Upstox
Share India Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Free 365 days after that ₹300 per Year
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs Share India Securities
| Upstox | Share India 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. |
Share India Securities Account Opening Charges and Trading Platforms Review 2024 |
|
|
|
|
|
Share India Securities
Share India 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 Share India Securities - Brokerage charges & Plans
| Upstox | Share India Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹0 Brokerage |
| Equity Options | ₹20/ Order | ₹20 per completed order |
| Commodity Options | ₹20/ Order | ₹20 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Options | ₹20/ Order | ₹20 per completed order |
| Fixed Charges | ₹20/ Order | ₹20 per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Call Back Open Account |
Upstox Vs Share India Securities - Margin (Exposure)
| Upstox | Share India Securities | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (0% 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 the 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 (0% of NRML margin (Span + Exposure)) |
| Call Back Open Account |
Upstox Vs Share India Securities - Other Charges
| Upstox | Share India Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 per completed order |
| Call Back Open Account |
Upstox Vs Share India Securities - STT/CTT
| Upstox | Share India 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 the 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 Share India Securities - Demat transaction charges
| Upstox | Share India Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Upstox Vs Share India Securities - GST
| Upstox | Share India 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 Share India Securities - SEBI Charges
| Upstox | Share India Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Share India Securities - Features
| Upstox | Share India 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:- 3:20pm | 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. Web Trading Platform, 2. Share India - Demat & Trading Trading App, 3. Now Trading Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |