Compare 3 Brokers

Indira Securities Vs Upstox: Which one is better?

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

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Indira Securities vs Upstox on Service

  Indira Securities Compare
Indira Securities
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX
Active Clients 30,27,803
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... Know more about Indira Securities 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.
Broker Enquiry Open an Online Trading Account with Indira Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Indira Securities vs Upstox on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Indira Securities with Upstox
Charges Indira Securities Upstox
Trading Account Opening Fees Free Free
Trading AMC 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 Yes Yes
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About Brokerage Plans

Compare Indira Securities vs Upstox on Plan Options

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.

Compare Indira Securities with Upstox on Plan Options
Plan Types Indira Securities Upstox
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Indira Securities Upstox
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs Upstox on Brokerage Charges

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 with Upstox
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
Minimum Brokerage NA NIL
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
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Share Broker's Transaction Charges

Compare Indira Securities vs Upstox on Transaction Charges

Compare Indira Securities with Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Indira Securities with Upstox
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
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Account Features

Compare Indira Securities vs Upstox on Account Features

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 - Indira Securities with Upstox
Account Features Compare Indira Securities Upstox
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. Yes, Indira Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Indira Securities vs Upstox on Trading Platform

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 with Upstox
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) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.indiratrade.com/trade-online https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeInsta Upstox
Mobile Trading App Demo TradeInsta Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TradeInsta Download iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Indira Securities vs Upstox on User Rating

  Indira Securities Upstox
  1 Customer Reviews    Rate Indira Securities 12 Customer Reviews    Rate Upstox
Fees Ratings 2.0 3.5
Trading Brokerage Rating 4.0 3.8
Trading Platform Usability 2.0 3.7
Customer Service Ratings 2.0 3.5
Overall Ratings Rated 3.0 stars Rated 3.7 stars
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
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Investment Offerings

Compare Indira Securities vs Upstox on Investment Offerings

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

Compare Indira Securities vs Upstox on Order Types

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 Types - Compare Indira Securities with Upstox
Order Type Compare Indira Securities Upstox
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Indira Securities vs Upstox on Margin/Leverage

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.

Exposure/margin - Compare Indira Securities with Upstox
Margin Product Compare Indira Securities Upstox
Equity Delivery Margin Indira Securities vs Upstox - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Indira Securities vs Upstox - 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 Indira Securities vs Upstox - 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 Indira Securities vs Upstox - 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 Indira Securities vs Upstox - Equity CO Margin Info Not Available Up to 20x exposure with Basic Plan and 27x exposure with Priority plan
Futures CO Margin Indira Securities vs Upstox - 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 Indira Securities vs Upstox - Options CO Margin Info Not Available Up to 1.33x for option buying with Basic plan and 2x with Priority plan.
Commodity Margin Indira Securities vs Upstox - 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.
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Customer Service Offered

Compare Indira Securities vs Upstox on Customer Service

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 Support - Compare Indira Securities with Upstox
Customer Service Compare Indira Securities Upstox
24/7 Customer Service Indira Securities vs Upstox - 24x7 customer support Yes No
Email Support Indira Securities vs Upstox - Email Support Yes Yes
Onine Live Chat Indira Securities vs Upstox - Onine Live Chat Yes Yes
Phone Support Indira Securities vs Upstox - Phone Support Yes Yes
Toll Free Number Indira Securities vs Upstox - Toll Free Number Yes No
Through Branches Indira Securities vs Upstox - Through Branches Yes Yes
Customer Care Number Indira Securities vs Upstox - Customer Care Number 022-66224202,204 +91 22 6130 9999
Account Opening Process Indira Securities vs Upstox - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Indira Securities vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education Indira Securities vs Upstox - Knowledge Center/Education https://www.inspireeducation.co/ https://upstox.com/help-center/
Head Office Address Indira Securities vs Upstox - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Indira Securities vs Upstox - Company Website https://www.indiratrade.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare Indira Securities vs Upstox on Research Reports, Tips

Compare Indira Securities with Upstox on research reports and tips provided by the broker.

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

Compare Indira Securities vs Upstox on Demat Account

Compare Indira Securities with Upstox on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Indira Securities with Upstox
  Indira Securities Upstox
DP Source CDSL CDSL
DP ID Indira Securities vs Upstox - DP ID 752000 81800
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹150 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
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

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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs Upstox on Special Offers and Promotion

Compare Indira Securities with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Indira Securities vs Upstox on Special Offers and Promotion
  Indira Securities Upstox
Pay In and Pay Out Options Indira Securities vs Upstox - 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
Payout Time Indira Securities vs Upstox - Payout Time

Max 24 hrs except bank holidays

Max 24 hrs except bank holidays
Bank Supported and Charges Indira Securities vs Upstox - 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
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes

Detail Review...

Detail Review...

Dislikes
  • 3-in-1 account is not available with the broker.
  • Clients based in MP and Rajasthan can't access IndiraTrade fixed brokerage plan
  • No NRI provisioning means NRI can't open an account with IndiraTrade.
  • Although BO and CO are available for both the equity and commodity segment but only on the web platform and not available on the TradeInsta mobile app

Detail Review...

  • Call & trade services are not free, charged at Rs. 20 per call.
  • Stock market trading tips and recommendations are not available.
  • Upstox doesn’t offer NRI trading services.
  • 24*7 customer service is unavailable.

Detail Review...

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


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