Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Indira Securities Max 0.01% to 0.10% per trade while the brokerage of Upstox ranges between Rs 20. Indira Securities is a Full Service Broker where Upstox is a Discount Broker. Indira Securities is having overall lower rating compare to Upstox. Indira Securities is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 38,64,087 where number of active customer for Indira Securities is 8,665. Upstox is serving more customer compare to Indira Securities.
Here we present side-by-side comparison of Indira Securities vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Indira Securities vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Indira Securities vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Indira Securities vs Upstox's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||NSE, BSE, MCX|
|Broker Overview||Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.|
Comparison of Indira Securities with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Promotion offer: Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Indira Securities with Upstox. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Indira Securities||Upstox|
|Account Opening Request|
Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
|Brokerage Charges Compare||Indira Securities||Upstox|
|Plan Name||Traditional Brokerage Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.10%||2.5% or Rs 20 whichever is lower|
|Equity Intraday||0.01%||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.01%||0.05% or Rs 20 whichever is lower|
|Equity Options||Rs. 25 per lot (both side)||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 20||0.05% or Rs 20 whichever is lower|
|Currency Options||Futures: 0.01%|Options: Rs. 25 per lot (both side)||Flat Fee Rs 20|
|Commodity Trading||Futures: 0.01%|Options: Rs. 25 per lot (both side)||Flat Fee Rs 20|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Free||Rs 20 Per Executable Order|
|Auto Square off Charges||Free||Rs 20 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for Indira Securities||Brokerage Calculator for Upstox|
Compare Indira Securities with Upstox on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Indira Securities||Upstox|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 120 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 500 Per Cr||Rs 6000 Per Cr|
|Commodity||Non-Agri Rs 260| Agri Rs 600 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for indira-securities||Complete Brokerage Plans for upstox|
Compare Indira Securities with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Indira Securities offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - Indira Securities offers NRI where Upstox doesn't offers NRI Trading.
|Account Features Compare||Indira Securities||Upstox|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||Indira Securities||Upstox|
|Desktop Trading Platform||ODIN Diet||Upstox Pro|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.indiratrade.com/trade-online||https://pro.upstox.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||TradeInsta||Upstox|
|Mobile Trading App Demo||TradeInsta Demo||Upstox Demo|
|Android Mobile App|
|Android App Download||Andriod TradeInsta Download||Andriod Upstox Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS TradeInsta Download||iOS Upstox Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Indira Securities||Equity Intraday and Delivery Brokerage Calculator for Upstox|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Indira Securities||Futures Brokerage Calculator for Upstox|
|Options Brokerage Calculator||Options Brokerage Calculator for Indira Securities||Options Brokerage Calculator for Upstox|
|Detail||Detail on Trading Platforms for indira-securities||Detail on Trading Platforms for upstox|
Compare Indira Securities with Upstox 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Indira Securities||Upstox|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Indira Securities with Upstox on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Indira Securities offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Indira Securities||Upstox|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Indira Securities with Upstox on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||Indira Securities||Upstox|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91-(0)731-4797105/115/146||+91 22 6130 9999|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||
||Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
Compare Indira Securities with Upstox on research reports and tips provided by the broker.
Compare Indira Securities with Upstox on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Upstox is ₹300 PA where for Indira Securities is ₹450 pa (Second year onwards).
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Indira Securities is ₹20 or 0.02% whichever is higher where for Upstox is ₹13 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa (Second year onwards)||₹300 PA|
|Transaction Charges on Debit (Per ISIN)||₹20 or 0.02% whichever is higher||₹13 + ₹5.50 CDSL charges|
|Demat||₹5 per certificate + ₹35 courier charges||₹20 + ₹50 courier charges|
|Remat||₹50 per RRN||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)|
|Pledge Creation||₹50||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Creation Confirmation||Nil||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure||₹50||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure Confirmation||Nil||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Invocation||₹50 or 0.02% whichever is higher||0.05% of the transaction value (Min ₹50)|
|Failed Instruction Charges||₹25||₹50|
|Other Charges||Book Charges ₹20,POA Charges ₹130||Nil|
Compare Indira Securities with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.
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
Max 24 hrs except bank holidays
|Max 24 hrs except bank holidays|
|Bank Supported and Charges||
Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).
|Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.|
|Bank Detail||HDFC Bank
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|Special Offers/Promo||Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open Zerodha Account Now>>||Open Upstox Account Now>>|
Last Updated on 2022-08-16T23:53:27+00:00
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