Upstox Vs Trustline
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.
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
Upstox Vs Trustline - Broker Details
Upstox | Trustline | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 1995 |
Exchanges | BSE, NSE and MCX | BSE, NSE, MCX, NCDEX |
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 Trustline - Account Opening & AMC Charges
Upstox | Trustline | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹0 (Free) | ₹590/- (Lifetime) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Upstox Vs Trustline - Brokerage charges & Plans
Upstox | Trustline | |
---|---|---|
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 Trustline - Other Charges
Upstox | Trustline | |
---|---|---|
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) | ₹20/Order or 0.03% |
Minimum Brokerage | ₹20/ Order | ₹20/Order |
Call Back Open Account |
Upstox Vs Trustline - Transaction Charges
Upstox | Trustline | |
---|---|---|
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 Trustline - Margin (Exposure)
Upstox | Trustline | |
---|---|---|
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 Trustline - Features
Upstox | Trustline | |
---|---|---|
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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Upstox Vs Trustline - Review & Rating
Upstox | Trustline | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Upstox Vs Trustline - Request a call back from Broker
Upstox | Trustline | |
---|---|---|
Call Back Open Account |
Upstox Vs Trustline - Investment Options
Upstox | Trustline | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Upstox Vs Trustline - Order Type
Upstox | Trustline | |
---|---|---|
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 Trustline - Research & Report
Upstox | Trustline | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Upstox Vs Trustline - Daily Market Report
Upstox | Trustline | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Upstox Vs Trustline - Suitable For Investor
Upstox | Trustline | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Upstox Vs Trustline - Pros & Cons
Upstox | Trustline | |
---|---|---|
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.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all 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.It does not provide a three-in one demat account. 2.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount brokers. |
Call Back Open Account |
Upstox Vs Trustline - Background
Upstox | Trustline | |
---|---|---|
Call Back Open Account |
Upstox Vs Trustline - Compare All Brokers
Upstox | Trustline | |
---|---|---|
Call Back Open Account |
Upstox Vs Trustline - STT/CTT
Upstox | Trustline | |
---|---|---|
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 Trustline - Demat transaction charges
Upstox | Trustline | |
---|---|---|
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 Trustline - GST
Upstox | Trustline | |
---|---|---|
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 Trustline - SEBI Charges
Upstox | Trustline | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs Trustline - Account Opening & AMC Charges
Upstox Vs Trustline
Upstox | Trustline | |
---|---|---|
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. |
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. |
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Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
Upstox Vs Trustline - Brokerage charges & Plans
Upstox | Trustline | |
---|---|---|
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 Trustline - Margin (Exposure)
Upstox | Trustline | |
---|---|---|
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 Trustline - Other Charges
Upstox | Trustline | |
---|---|---|
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) | ₹20/Order or 0.03% |
Minimum Brokerage | ₹20/ Order | ₹20/Order |
Call Back Open Account |
Upstox Vs Trustline - STT/CTT
Upstox | Trustline | |
---|---|---|
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 Trustline - Demat transaction charges
Upstox | Trustline | |
---|---|---|
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 Trustline - GST
Upstox | Trustline | |
---|---|---|
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 Trustline - SEBI Charges
Upstox | Trustline | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Upstox Vs Trustline - Features
Upstox | Trustline | |
---|---|---|
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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |