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Upstox Vs Indira Securities (Compare Upstox and Indira Securities)

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...

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 ...

Indira Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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
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Upstox Vs Indira Securities Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Indira Securities account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	Upstox	Indira Securities
Trading Account Opening Charges	Rs 0 (Free)	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 150	Rs 450 (Free for 1st year)

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: 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
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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)

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%)
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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)
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder
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Upstox Vs Indira Securities Review

Upstox is rated 2.4 of 5 based on 136 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.

	Upstox	Indira Securities
	136 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 136 customer reviews	Indira Securities is rated 4.0 of 5 based on 4 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	Indira Securities Enquire
Contact Broker	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.

Upstox Vs Indira Securities Investment Options

	Upstox	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs Indira Securities Order Type Offered

	Upstox	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Upstox Vs Indira Securities Research Report

	Upstox	Indira Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Upstox Vs Indira Securities Suitable For Investor Type

	Upstox	Indira Securities
Casual Investor
Active Investor
Trader

Upstox Vs Indira Securities - Pros and Cons

	Upstox	Indira Securities
Pros	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders 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	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.	Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews
Promo / Offers	Upstox Special Offer Exclusive offer by Upstox 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.	Indira Securities Special Offer 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.
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