The brokerage of Indira Securities Max Rs 20 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.
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||BSE, NSE, MCX||BSE, NSE, MCX|
|Broker Overview||Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...||Upstox is the best broker in India offering free delivery trading and intraday, F&O, commodity, and currency trading at flat Rs. 20/per order brokerage through Pro web and Pro mobile app.|
Comparison of Indira Securities with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account where Upstox charges Rs 300 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 450 PA (2nd Year Onward)||Rs 300 PA (Waived for 1st year)|
|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 provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Indira Securities||Upstox|
|Account Opening Request|
Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
|Brokerage Charges Compare||Indira Securities||Upstox|
|Plan Name||Flat Fee Rs 20 Trading Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||Flat Fee Rs 20||Free|
|Equity Intraday||Flat Fee Rs 20||0.05% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 20||Flat Fee Rs 20|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity Trading||Flat Fee Rs 20||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|
|Brokerage Calculator||Brokerage Calculator for Indira Securities||Brokerage Calculator for Upstox|
|SPAN Margin Calculator||SPAN Margin Calculator for Indira Securities||SPAN Margin 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||DartStock/Nest Trader/Fox Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|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|
|1 Customer Reviews||12 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Indira Securities is Rated 3.0 / 5 based on 1 customer reviews||Upstox is Rated 3.7 / 5 based on 12 customer reviews|
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 Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Indira Securities||Upstox|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||No Margin/Leverage for Equity Delivery.|
|Equity Intraday Margin||Up to 3x to 10x leverage for equity MIS orders.||Up to 15x exposure with Basic Plan and 20x exposure with Priority plan|
|Futures Margin||Up to 4x leverage for Stocks.||Up to 3x leverage for Index and Stocks in Basic Plan, Upto 6x leverage for Index in Priority Plan.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for Options Buying.||Upto 3x margin for Options shorting with Basic Plan, Upto 6x for Index Options sell with Priority Plan.No leverage for option buying.|
|Equity CO Margin||Info Not Available||Up to 20x exposure with Basic Plan and 27x exposure with Priority plan|
|Futures CO Margin||Info Not Available||Up to 20x leverage for Index, 5x leverage for Stocks in Basic Plan, Upto 28x leverage for Index and 6x for stocks in Priority Plan.|
|Options CO Margin||Info Not Available||Up to 1.33x for option buying with Basic plan and 2x with Priority plan.|
|Commodity Margin||Up to 4x leverage for MCX futures.||Up to 2.5x leverage for MCX futures in Basic Plan, Upto 3x leverage for Priority Plan. Up to 3x/4x with Basic/Priority plan with CO.|
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||022-66224202,204||+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.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Indira Securities with Upstox on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa (Second year onwards)||₹150 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.||100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.|
|Enquiry||Enquire about Indira Securities||Enquire about Upstox|
Last Updated on 2020-12-07T11:46:14+00:00