Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Upstox Vs Indira Securities (Compare Upstox and Indira Securities)

Upstox Logo

About 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 Pvt Ltd Logo

About 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

Expand

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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Year of Incorporation 2012 1987
Number of Branches 4 335
Open Upstox AccountEnquire Indira Securities

Expand

Upstox Vs Indira Securities Charges & AMC

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

  Upstox Indira Securities
Trading Account Opening Charges Rs 249 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free) Rs 450 (Free for 1st year)

Expand

Upstox Vs Indira Securities Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 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%.

Account Type Upstox Default Indira Securities Traditional Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low 0.10%
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower 0.01%
Equity Futures Rs 20 per executed order or 0.05% whichever is lower 0.01%
Equity Options Rs 20 per executed order Rs 25 per lot (both side)
Currency Futures Rs 20 per executed order or 0.05% whichever is lower 0.01%
Currency Options Rs 20 per executed order Rs 25 per lot (both side)
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower 0.01%
Commodity Options Rs 20 per executed order Rs 25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Upstox Vs Indira Securities Brokerage Plan 2

  Upstox Indira Securities
Account Type Default Discount Brokerage Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 20 per executed order
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 20 per executed order
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per executed order
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per executed order
Commodity Options Rs 20 per executed order Rs 20 per executed order
Open Upstox AccountEnquire Indira Securities

Upstox Charges Vs Indira Securities

Minimum Brokerage 0.05% Rs 20 per executed order
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 0 (Free)

Expand

Upstox Vs Indira Securities Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  Upstox Indira Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) NSE Rs 500 per Cr (0.005%) (on premium)
Commodity Group A - Rs 290 per Cr (0.0029%) Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
Open Upstox AccountEnquire Indira Securities

Expand

Upstox Vs Indira Securities Leverage (Margin)

Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Upstox Indira Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Upstox AccountEnquire Indira Securities

Expand

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 No Yes
Margin Against Shares (Equity Cash) No 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 3:00 PM 3:15 PM
Other Features Option strategy builder
Referral Program Yes Yes
Open Upstox AccountEnquire Indira Securities

Expand

Upstox Vs Indira Securities Review

Upstox is rated 2.4 of 5 based on 126 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.

  Upstox Indira Securities
  126 Customer Reviews    Rate Upstox 4 Customer Reviews    Rate Indira Securities
Fees 3.4 2.8
Brokerage 3.5 4.0
Trading Platform 2.6 4.0
Customer Service 2.3 3.8
Research Capabilities 2.3 4.3
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Upstox is rated 2.4 of 5 based on 126 customer reviews Indira Securities is rated 4.0 of 5 based on 4 customer reviews

Expand

Contact Broker / Request A Call Back

  Upstox Enquire Indira Securities Enquire
Contact Broker FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Expand

Upstox Vs Indira Securities Investment Options

  Upstox Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

Expand

Upstox Vs Indira Securities Order Type Offered

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

Expand

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

Expand

Upstox Vs Indira Securities Suitable For Investor Type

  Upstox Indira Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

Expand

Upstox Vs Indira Securities - Pros and Cons

  Upstox Indira Securities
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • 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.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
  1. Flat-rate brokerage plans (Rs 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

Exclusive offer by Upstox

  • FREE Account Opening.
  • Get Rs 1000 brokerage credit.
  • Rs 0 Demat AMC.
  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

Open Upstox AccountEnquire Indira Securities

Comments

Add a public comment...

Compare Upstox Compare Indira Securities
Compare More Brokers: