Quick Comparision (Upstox
VS Tradingo)
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.
Upstox
Tradingo
Single Margin Facility
Year of Incorporation
2009
2016
Exchanges
BSE, NSE and MCX
BSE, NSE and MCX
Branches
Zero
102
Brokerage
₹20/ Order or 0.05% (Whichever is lower)
₹20/Order
Broker Type
Discount Broker
Discount Broker
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
Commodity Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order
Currency Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order
Equity Delivery
₹20/ Order or 2.5% (whichever is lower)
Discount Broking- ₹0(Free) | Premium Broking-0.3%
Equity Options
₹20/ Order
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Commodity Options
₹20/ Order
Discount Broking-₹20/Order or 0.01% whichever is lower
Equity Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03%
Currency Options
₹20/ Order
Discount Broking- ₹20/order | Premium Broking- ₹50/Lot
Fixed Charges
₹20/ Order
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Equity Intraday
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Minimum Brokerage
₹20/ Order
₹20/ Order
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
Currency Options
NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Equity Futures
NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
NSE: 0.00325% of turnover | BSE: 0.0005% of turnover
Equity Intraday
NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips.
Equity Options
NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
NSE: 0.075% of turnover | BSE: 0.0005% of turnover
Commodity
Non-Agri: Exchange turnover charge: 0.0026%
Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot
Currency Futures
NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover
Equity Delivery
NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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.Tradingo -mobile app 2. Justrade 2.0 Stocks
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure.
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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra.
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore
₹10/Crore
Call Back
Open Account
Enquiry with Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox
Tradingo
Upstox Review 2024 - Brokerage Charges, Account Opening, Margin Upstox (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.
+ " Vs "+ Tradingo
Tradingo Review Incorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
Read more..
Upstox
Tradingo
Commodity Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order
Currency Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order
Equity Delivery
₹20/ Order or 2.5% (whichever is lower)
Discount Broking- ₹0(Free) | Premium Broking-0.3%
Equity Options
₹20/ Order
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Commodity Options
₹20/ Order
Discount Broking-₹20/Order or 0.01% whichever is lower
Equity Futures
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03%
Currency Options
₹20/ Order
Discount Broking- ₹20/order | Premium Broking- ₹50/Lot
Fixed Charges
₹20/ Order
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Equity Intraday
₹20/ Order or 0.05% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Minimum Brokerage
₹20/ Order
₹20/ Order
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
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
Enquiry with Tradingo
Upstox
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore
₹10/Crore
Call Back
Open Account
Enquiry with Tradingo
Upstox
Tradingo
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.Tradingo -mobile app 2. Justrade 2.0 Stocks
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Tradingo