FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Kotak Securities Vs Upstox Vs TradePlusOnline: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Upstox ranges between Rs 20, while the brokerage of TradePlusOnline ranges between Max Rs 9. The broker Upstox and TradePlusOnline are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Upstox is rated 4.5, TradePlusOnline is rated 3.5 out of 5.

Here we present side-by-side comparison of Kotak Securities vs Upstox vs TradePlusOnline stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Kotak Securities vs Upstox vs TradePlusOnline on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Kotak Securities vs Upstox vs TradePlusOnline in this setion with 360 degree view of broker information.

Compare Kotak Securities vs Upstox vs TradePlusOnline on Service

  Kotak Securities Compare
Kotak Securities
Upstox Compare
Upstox
TradePlusOnline Compare
TradePlusOnline
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE, MCX
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms.
Broker Enquiry Request call back from Kotak Securities Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs Upstox vs TradePlusOnline on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs Upstox vs TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities and TradePlusOnline offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Upstox charges Free AMC for Demat account, where TradePlusOnline charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Upstox vs TradePlusOnline
Charges Kotak Securities Upstox TradePlusOnline
Trading Account Opening Fees Free Promotion offer: Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Upstox vs TradePlusOnline on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Upstox vs TradePlusOnline. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and TradePlusOnline offers Multiple Plans where Upstox doesn't offer. Monthlay Plans - TradePlusOnline offers Monthy Plans where Kotak Securities and Upstox doesn't offer.

Compare Kotak Securities vs Upstox vs TradePlusOnline on Plan Options
Plan Types Kotak Securities Upstox TradePlusOnline
Multiple Plans Yes No Yes
Monthly Plans No No Yes
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Upstox vs TradePlusOnlineon Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Brokerage Charges - Compare Kotak Securities vs Upstox vs TradePlusOnline
Brokerage Charges Compare Kotak Securities Upstox TradePlusOnline
Plan Name Kotak Securities Trade Free Plan Max Rs 20 Per Order Trading Plan Smart Flat Brokerage Plan
Equity Delivery 0.25% 2.5% or Rs 20 whichever is lower Free
Equity Intraday Free 0.05% or Rs 20 whichever is lower 0.05% or Rs 9 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower Flat Fee Rs 9
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20 Flat Fee Rs 9
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower Flat Fee Rs 9
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20 Flat Fee Rs 9
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20 Flat Fee Rs 9
Minimum Brokerage Rs 21 per executed order
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available Yes - 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 50 + 18% GST Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 50 + 18% GST Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Upstox Brokerage Calculator for TradePlusOnline
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Share Broker's Transaction Charges

Compare Kotak Securities vs Upstox vs TradePlusOnline on Transaction Charges

Compare Kotak Securities vs Upstox vs TradePlusOnline on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs Upstox vs TradePlusOnline
Transaction Charges Compare Kotak Securities Upstox TradePlusOnline
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for upstox Complete Brokerage Plans for tradeplus
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Account Features

Compare Kotak Securities vs Upstox vs TradePlusOnline on Account Features

Compare Kotak Securities vs Upstox vs TradePlusOnline on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities and Upstox offers 3-in-1 Account where TradePlusOnline offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Kotak Securities and TradePlusOnline offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Kotak Securities vs Upstox vs TradePlusOnline
Account Features Compare Kotak Securities Upstox TradePlusOnline
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No TradePlusOnline have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes No Yes
Other Features NIL Charting & Tech Tools -YES - INFINI POWER - MCX and Equities
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Trading Platform

Compare Kotak Securities vs Upstox vs TradePlusOnlineon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Upstox vs TradePlusOnline. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities vs Upstox vs TradePlusOnline
Trading Platform Compare Kotak Securities Upstox TradePlusOnline
Desktop Trading Platform Neo Upstox Pro Rocketplus
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://pro.upstox.com/

https://infini.tradeplusonline.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo Upstox RocketPlus Mobile Trading App
Mobile Trading App Demo Kotak Neo Demo Upstox Demo RocketPlus Mobile Trading App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS Upstox Download iOS RocketPlus Mobile Trading App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Upstox Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for upstox Detail on Trading Platforms for tradeplus

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Broker Ratings by Users

Compare Kotak Securities vs Upstox vs TradePlusOnline on User Rating

  Kotak Securities Upstox TradePlusOnline
  82 Customer Reviews    Rate Kotak Securities 12 Customer Reviews    Rate Upstox 27 Customer Reviews    Rate TradePlusOnline
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews
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Investment Offerings

Compare Kotak Securities vs Upstox vs TradePlusOnline on Investment Offerings

Compare Kotak Securities vs Upstox vs TradePlusOnline on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where Upstox and TradePlusOnline doesn't offers PMS facility.

Investment Offerings - Compare Kotak Securities vs Upstox vs TradePlusOnline
Investment Offerings Compare Kotak Securities Upstox TradePlusOnline
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No Yes
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Kotak Securities vs Upstox vs TradePlusOnline on Order Types

Order Type - Compare Kotak Securities vs Upstox vs TradePlusOnline on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Kotak Securities vs Upstox vs TradePlusOnline
Order Type Compare Kotak Securities Upstox TradePlusOnline
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare Kotak Securities vs Upstox vs TradePlusOnline on Customer Service

Compare Kotak Securities vs Upstox vs TradePlusOnline on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities vs Upstox vs TradePlusOnline
Customer Service Compare Kotak Securities Upstox TradePlusOnline
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800 209 9191 +91 22 6130 9999 044-49427500 / 080 37017382
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://upstox.com/help-center/ http://support.tradeplusonline.com/support/solutions
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website https://www.kotaksecurities.com https://upstox.com/ https://tradeplusonline.com
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Tips/Research/Reports Published

Compare Kotak Securities vs Upstox vs TradePlusOnline on Research Reports, Tips

Compare Kotak Securities vs Upstox vs TradePlusOnline on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs Upstox vs TradePlusOnline
  Kotak Securities Upstox TradePlusOnline
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No Yes
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Demat Account

Compare Kotak Securities vs Upstox vs TradePlusOnline on Demat Account

Compare Kotak Securities vs Upstox vs TradePlusOnline on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs Upstox vs TradePlusOnline
  Kotak Securities Upstox TradePlusOnline
DP Source CDSL CDSL CDSL
DP ID 49200 81800 86500
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 PA A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.
Advance Deposit NA NIL NIL
Statutory charges Nil Nil NIL
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹13 + ₹5.50 CDSL charges Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction.
Demat ₹3 per certificate + ₹50 courier charges ₹20 + ₹50 courier charges A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF
Remat ₹10 for every hundred securities (Min ₹15) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities.
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges NIL
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of the transaction value (Min ₹50) 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Failed Instruction Charges Nil ₹50 Rs.15.00 Per Transaction.
Other Charges Nil Nil 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges.
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Upstox vs TradePlusOnline on Special Offers and Promotion

Compare Kotak Securities vs Upstox vs TradePlusOnline on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Upstox vs TradePlusOnline on Special Offers and Promotion
  Kotak Securities Upstox TradePlusOnline
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Zero account opening charges and no maintenance fee.
  • Free investment in stocks (delivery trading).
  • The cheapest flat brokerage of Rs. 9 per order.
  • Free derivative trading.
  • 0 brokerage investment in direct mutual funds.
  • Cutting-edge RocketPlus technology trading platforms.
  • Advanced orders like basket orders and GTT orders.
  • Margin Trading Funding (MTF).
  • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
  • UNIV free learning platform for beginners.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • Does not offer a 3-in-1 account.
  • Being a discount broker, it does not provide research & advisory.
  • Very high call & trade charges.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for Kotak Securities Enquire for Upstox Enquire for TradePlusOnline

Last Updated on 2024-06-28T04:56:37+00:00