Published on Wednesday, July 1, 2015 by Chittorgarh.com Team | Modified on Monday, February 11, 2019
Upstox is the trading platform offered by RKSV, the popular discount broker offering Equity, Commodity and Currency Derivatives trading services at BSE, NSE and MCX. It is built on top of Omnisys NEST OMS (Order Management System). Upstox makes it extremely easy to place orders through mobile or web browser. It's faster and free trading platform.
Upstox is the Mobile and Website based trading platform offering trading, analysis, charting and many more rich trading features. Trading is offered on all the stock exchanges.
To know more about Upstox, please visit following pages:
RKSV offers absolutely free trading account and free trading in Equity Delivery segment through Upstox trading platform.
Brokerage free trading is available only in Equity Delivery segment. This segment is popular among beginners and long term investors. F&O is the main source of earning for discount brokers like RKSV. With free delivery trading, RKSV is trying to attract more customers who will eventually trade in other segments including intraday and F&O and pay brokerage.
Upstox is available in two version:
In short term, No.
In long term, Yes.
As of now, it's up to the users to move. But as Upstox offers rich user interface, it make lot of sense for customers who uses mobile or website based trading to move to Upstox.
Upstox doesn't have installable exe based trading terminal. It only a mobile and web trading platform. But RKSV has plans to build a fully functional trading terminal in future.
Yes, it's as safe as NEST. All the orders are actually routed through NEST OMS (Order Management System). NEST OMS is Omnisys product use by many brokers in India.
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