Upstox Vs Indira Securities (Compare Upstox and Indira Securities)

The side-by-side comparison of Upstox and Indira Securities. Compare Upstox Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs Indira Securities?


Upstox
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 Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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Upstox Vs Indira Securities

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  Upstox Indira Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Account Type Upstox Basic Traditional Plan
Year of Incorporation 2012 1987
Number of Branches 4 335
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Upstox Vs Indira Securities Charges & AMC

Upstox trading account opening charges is ₹249 while Indira Securities account opening changes is ₹0 (Free). Upstox Demat Account AMC Charges is ₹300 and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  Upstox Indira Securities
Trading Account Opening Charges ₹249 ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹300 ₹450 (Free for 1st year)
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Upstox Vs Indira Securities Brokerage Charges & Plans

Upstox Vs Indira Securities Brokerage

Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  Upstox Indira Securities
Account Type Upstox Basic Traditional Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) 0.10%
Equity Intraday Brokerage ₹20 per executed order or 0.05% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or 0.05% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower 0.01%
Currency Options Trading Brokerage ₹20 per executed order ₹25 per lot (both side)
Commodity Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order ₹25 per lot (both side)
Special Offer
Special Offer:

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Upstox Vs Indira Securities Brokerage Plan 2

  Upstox Indira Securities
Account Type Upstox Priority (Higher Margin) Discount Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 ₹20 per executed order
Equity Intraday Brokerage ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order
Equity Futures Brokerage ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order
Equity Options Brokerage ₹30 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order
Currency Options Trading Brokerage ₹30 per executed order ₹20 per executed order
Commodity Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order
Commodity Options Trading Brokerage ₹30 per executed order ₹20 per executed order

Upstox Charges Vs Indira Securities

Minimum Brokerage Charges 0.05% ₹20 per executed order
Other Brokerage Charges
Call & Trade Charges ₹20 per trade ₹0 (Free)
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Upstox Vs Indira Securities Transaction Charges

Upstox transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  Upstox Indira Securities
Equity Delivery NSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Futures NSE ₹210 per Cr (0.0021%) NSE ₹190 per Cr (0.0019%)
Equity Options NSE ₹5500 per Cr (0.055%) (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%) NSE ₹120 per Cr (0.0012%)
Currency Options NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity Group A - ₹290 per Cr (0.0029%) Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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Upstox Vs Indira Securities Leverage (Margin)

Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  Upstox Indira Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x Up to 10x (based on the stock)
Equity Futures Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x 1x (no margin)
Currency Futures Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x 1x (no margin)
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x (no margin)
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Compare Upstox and Indira Securities Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Indira Securities offers ODIN trading software.

  Upstox Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola ODIN
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features Option strategy builder
Referral Program Yes Yes
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Upstox Vs Indira Securities Review

Upstox is rated 2.5 of 5 based on 91 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  Upstox Indira Securities
  91 Customer Reviews    Rate Upstox 2 Customer Reviews    Rate Indira Securities
Fees 3.5 3.0
Trading Brokerage 3.5 5.0
Trading Platform Usability 2.7 4.5
Customer Service 2.4 4.5
Research Capabilities 2.3 5.0
Overall Ratings Rated 2.5 stars Rated 4.5 stars
Broker Rating Upstox is rated 2.5 of 5 based on 91 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Indira Securities Enquire
Contact Broker

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

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Upstox Vs Indira Securities Investment Options

  Upstox Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Upstox Vs Indira Securities Order Type Offered

  Upstox Indira Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Upstox Vs Indira Securities Research Report

  Upstox Indira Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Upstox Vs Indira Securities Suitable For Investor Type

  Upstox Indira Securities
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Indira Securities - Pros and Cons

  Upstox Indira Securities
Pros
  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.
  9. Online IPO, FPO, Bonds and NCD's are available.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
Cons
  • 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.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order.

Request Callback

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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