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Indiabulls Vs Upstox Share Broker Comparison

The side-by-side comparison of Indiabulls Ventures Limited and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Indiabulls and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Indiabulls and Upstox.

  Indiabulls Ventures Limited Upstox
 
Indiabulls Ventures Limited Logo Upstox Logo
About the Broker Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... Know more about Indiabulls Ventures Limited Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Power Indiabulls Upstox Basic
Broker Enquiry Open an Online Trading Account with Indiabulls. 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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Stock Broker Fees / Charges

  Indiabulls Ventures Limited Upstox
Trading Account Opening Fees Rs 750 ₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC Rs 450 ₹150
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Indiabulls Ventures Limited Upstox
Account Type Power Indiabulls Upstox Basic
Fixed Charges
Equity Delivery Brokerage 0.3% ₹0
Equity Intraday Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage Rs100/Lot ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage Rs100/Lot ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage 0.03% ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage No

Brokerage Plan 2

  Indiabulls Ventures Limited Upstox
Account Type Power Indiabulls Upstox Priority
Fixed Charges ₹0
Equity Delivery Brokerage 0.3% ₹0
Equity Intraday Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage Rs100/Lot ₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage Rs100/Lot ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage 0.03% ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges 3 paisa per share ₹0
Other Brokerage Charges
Call & Trade Charges Nil ₹20 per trade
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Taxes

  Indiabulls Ventures Limited Upstox
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Indiabulls Ventures Limited Upstox
Equity Delivery 0.00325% NSE ₹325 | BSE ₹275
Equity Intraday 0.00325% NSE ₹325 | BSE ₹275
Equity Futures 0.0025% NSE ₹210
Equity Options 0.055% on Premium NSE ₹5500
Currency Futures 0.0025% ₹150
Currency Options 0.055% on Premium ₹6000
Commodity 0.003% MCX ₹260/Cr
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Exposure

  Indiabulls Ventures Limited Upstox
Equity Delivery Upto 4x with 16% interest per year 2.5x
Equity Intraday Upto 10x Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures Upto 3x Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options Upto 3x for shorting Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options Nil Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Upto 3x Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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Share Broker Features

  Indiabulls Ventures Limited Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Power Indiabulls, SHUBH Web, SHUBH Mobile Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 PM
Other Features Live News, World market summary Option strategy builder
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Broker Ratings (Average User Rating)

  Indiabulls Ventures Limited Upstox
  44 Customer Reviews    Rate Indiabulls 49 Customer Reviews    Rate Upstox
Fees Ratings 3.4 3.8
Trading Brokerage Rating 3.1 3.6
Trading Platform Usability 3.7 2.9
Customer Service Ratings 3.1 2.5
Overall Ratings Rated 3.2 stars Rated 2.6 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 44 customer reviews Upstox is Rated 2.6 / 5 based on 49 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Ventures Limited Upstox
Contact / Request Call Back
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Investment Options Available

  Indiabulls Ventures Limited Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Customer Service Offered

  Indiabulls Ventures Limited Upstox
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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Order Type

  Indiabulls Ventures Limited Upstox
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  Indiabulls Ventures Limited Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Indiabulls Ventures Limited Upstox
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Indiabulls Ventures Limited Upstox
Pros
  • Indiabulls has good network of branches across India.
  • Brokerage is negotiable and can be reduced up to 50-60%.
  • Power Indiabulls is available for Apple's Mac and Linux OS.
  • 10 times exposure for intraday trades.
  • Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them.
  • Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people.
  • Indiabulls offers 2-in-1 account which includes share trading and demat account.

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

Cons
  • Power Indiabulls Trading Terminal cost Rs 750 one time change.
  • There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes.
  • No centralized support or sales team. Business is done through branches and sub-brokers.
  • Indiabulls doesn't provide 3-in-1 account

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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