Upstox Vs Globe Capital Demat Account Comparison

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

Globe Capital Market Limited was originally incorporated as a Globe Merchants Limited with Registrar of Companies NCT of Delhi & Haryana on 27.06.1985. The name of the Company was changed to Globe Capital Market Ltd. w.e.f. 27.01.1997.

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

804, Ansal Bhawan 16, Kasturba Gandhi Marg New Delhi Delhi India-110001

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

ACCOUNT OPENING DEMAT / REMAT PLEDGE/HYPOTHECATION LENDING/ BORROWING TRANSACTION PROCESSING

Rs 249

NIL

Rs 0

Regular scheme (Account Maintenance Cycle - Four Quarter) Individual - 399 for first Quarter remaining Quarters Free Corporate - 1250 for first Quarter remaining Quarters Free Globe Relax (Account Maintenance Cycle - Twenty Quarter) Individual - 999 for first Quarter remaining Quarters Free Life Time - Maintanance Charges - 1999

Nil

NIL

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

50 for up to first hundred and after first hundred 10 for every hundred securities or part thereof or a flat fee 10 per certificate whichever is higher plus courier charges of 40 for every 25 certificate and part thereof

Rs 25 per certificate or 0.05% of the value whichever is higher.

100 for up to first hundred and after first hundred 30 for every hundred securities or part thereof or a flat fee 30 per certificate whichever is higher

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

Market Transaction - 20 per instruction or 0.02% of transaction value subject to maximum of 100 whichever is higher. Off Market Transaction - 25 per instruction or 0.03% of transaction Value subject to maximum of 1000 whichever is higher

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

50 per instruction or 0.02% of transaction Value whichever is higher

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

NIL

0.05% of the transaction charges subject to a minimum of Rs 50

50 per instruction or 0.02% of transaction Value whichever is higher

Rs 50 per transaction

Rs 20 per Instruction

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Rs 50 per instruction for Mutual Fund (Destat/Redemption), Rs 2 per instruction leaf, Modification in client detail 40 per instance, Any service not listed above will be charged extra.w Rejection charges 50 per rejection plus courier charges, Non-periodic statement shall be charged @ 5 per page and postage/courier charge @ 40 or actual charges whichever is higher.Interest shall be charged @

2.0% per month on the outstanding dues after 30 days. Rs 100 will be charged to client in case of New Delivery Instruction Booklet is requested without requisition slip.