Upstox Vs iTradeOnline Share Broker Comparison
The side-by-side comparison of Upstox and iTradeOnline by Trustline stock brokers in India. The comparison below highlights the similarities and differences between Upstox and iTradeOnline'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 Upstox and iTradeOnline.
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Upstox |
iTradeOnline by Trustline |
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| About the Broker |
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 ...  |
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX |
| Account Type
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Upstox Basic |
Pay Per Trade |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Upstox |
iTradeOnline by Trustline |
| Trading Account Opening Fees
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₹150 (Eq and F&O), ₹150 (MCX) |
₹0 (Free) |
| Trading Account AMC
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₹0 |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 |
Regular: ₹0, Lifetime Free AMC: ₹1000 |
| Demat Account AMC
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₹150 (paid upfront) |
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Upstox |
iTradeOnline by Trustline |
| Account Type |
Upstox Basic |
Pay Per Trade |
| Fixed Charges
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₹0 |
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| Equity Delivery Brokerage
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₹0 |
₹20 per executed order or .01% whichever is lower |
| Equity Intraday Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Upstox |
iTradeOnline by Trustline |
| Account Type |
Upstox Priority |
Pay Per Trade |
| Fixed Charges
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₹0 |
₹0 |
| Equity Delivery Brokerage
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₹0 |
₹20 per executed order or .01% whichever is lower |
| Equity Intraday Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
₹0 (No Minimum Brokerage) |
| Other Brokerage Charges
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Physical contact notes: ₹20 |
| Call & Trade Charges
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₹20 per trade |
₹0 (Free) |
Taxes
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Upstox |
iTradeOnline by Trustline |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Upstox |
iTradeOnline by Trustline |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Futures
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NSE ₹210 |
NSE ₹190 per crore (0.0019%) |
| Equity Options
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NSE ₹5500 |
NSE ₹5000 per crore (0.05%) |
| Currency Futures
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₹150 |
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%) |
| Currency Options
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₹6000 |
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500 |
| Commodity
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MCX ₹260/Cr |
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%) |
Exposure
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Upstox |
iTradeOnline by Trustline |
| Equity Delivery
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1x |
1x (100% Margin Required) |
| Equity Intraday
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Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
Up to 20x |
| Equity Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
NSE: 2x |
| Equity Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
NSE: 2x |
| Currency Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
NSE: 2x |
| Currency Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
NSE: 2x |
| Commodity
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Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
MCX Futures: 8x |
Share Broker Features
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Upstox |
iTradeOnline by Trustline |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. |
| Intraday Square-off Time
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3:15 PM |
Equity: 3:15 PM, Commodity: 11:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Upstox |
iTradeOnline by Trustline |
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46 Customer Reviews  |
5 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Upstox is Rated 2.5 / 5 based on 46 customer reviews |
iTradeOnline is Rated 4.2 / 5 based on 5 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Upstox |
iTradeOnline by Trustline |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Wealth Management |
Customer Service Offered
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Upstox |
iTradeOnline by Trustline |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Upstox |
iTradeOnline by Trustline |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Upstox |
iTradeOnline by Trustline |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Upstox |
iTradeOnline by Trustline |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Upstox |
iTradeOnline by Trustline |
| Pros
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- Upstox basic plan offers brokerage free trading in Equity Delivery segment.
- No brokerage for equity delivery trades.
- Free trading software including mobile and web trading app.
- Advance orders including AMO, CO and BO are available.
- Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
- AmiBroker connector available for Algo Trading.
- Mutual Funds are available for investment.
- Higher leverage is available under different brokerage plan.
More Advantages... |
- Paperless account opening is available with eKYC and Aadhar integration
- All trading softwares including trading terminal are available for free.
- Uses trading platform of Omnesys which is industry leading trading software provider.
- Margin Against Share is available
- Research based fundamental and technical analysis available to all the customers.
- Short selling is available in NSE Cash segment only.
- After Hours Orders and Good Till Cancelled (GTC) orders are available.
- SMS Trade Alerts are available for free to all customers.
- Call & Trade is free for all customers.
More Advantages... |
| Cons
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- 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.
More Disadvantages... |
- Separate account needed for Mutual Funds investment.
- For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
- Doesn't offer bracket orders.
- Online IPO, NCD, Corporate Bond investment is not available.
- Trading API's are now available.
- Opening demat account along with the trading account is mandatory.
- No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages... |
| Reviews
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Useful articles about Upstox:
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| Promo / Offers
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Get Account Opening Fee Refunded
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback. To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.
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Lifetime FREE AMC Demat Account - 50% Off
Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. |
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Enquire about Upstox
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