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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.

	Upstox	iTradeOnline by Trustline
	Upstox Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	iTradeOnline Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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	Discount Broker	Discount Broker
Supported Exchnage	BSE, NSE, MCX	BSE, NSE, MCX
Account Type	Upstox Basic	Pay Per Trade
Broker Enquiry

Stock Broker Fees / Charges

	Upstox	iTradeOnline by Trustline
Trading Account Opening Fees	₹150 (Eq and F&O), ₹150 (MCX)	₹0 (Free)
Trading Account AMC	₹0	₹0 (Free)
Demat Account Opening Fees	₹0	Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC	₹150	Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	Upstox	iTradeOnline by Trustline
Account Type	Upstox Basic	Pay Per Trade
Fixed Charges	₹0
Equity Delivery Brokerage	₹0	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	₹20 per trade or 0.01% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Brokerage Plan 2

	Upstox	iTradeOnline by Trustline
Account Type	Upstox Priority	Pay Per Trade
Fixed Charges	₹0	₹0
Equity Delivery Brokerage	₹0	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	₹30 per trade or 0.05% (whichever is lower)	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	₹0	₹0 (No Minimum Brokerage)
Other Brokerage Charges		Physical contact notes: ₹20
Call & Trade Charges	₹20 per trade	₹0 (Free)

Taxes

	Upstox	iTradeOnline by Trustline
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.

Transaction Charges

	Upstox	iTradeOnline by Trustline
Equity Delivery	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹1.5/trade (each side)
Equity Intraday	NSE ₹325 \| BSE ₹275	NSE ₹325 per crore \| BSE ₹1.5/trade (each side)
Equity Futures	NSE ₹210	NSE ₹190 per crore (0.0019%)
Equity Options	NSE ₹5500	NSE ₹5000 per crore (0.05%)
Currency Futures	₹150	NSE ₹90/cr (0.0009%) \| BSE ₹18/cr (0.00018%)
Currency Options	₹6000	NSE ₹4000 (on premium) per cr (0.04%) \| BSE ₹1500
Commodity	MCX ₹260/Cr	MCX ₹260/Cr (0.0026%) \| NCDEX ₹600/cr (0.006%)

Exposure

	Upstox	iTradeOnline by Trustline
Equity Delivery	2.5x	1x (100% Margin Required)
Equity Intraday	Regular: 15x \| Priority Pack: 20x \| Regular CO: 20x \| Priority Pack CO: 25x	Up to 20x
Equity Futures	Regular: 4x \| Priority Pack: 4x \| Regular CO: 4x \| Priority Pack CO: 6x	NSE: 2x
Equity Options	Regular: 4x \| Priority Pack: 4x \| Regular CO: 4x \| Priority Pack CO: 5x	NSE: 2x
Currency Futures	Regular: 4x \| Priority Pack: 4x \| Regular CO: 4x \| Priority Pack CO: 5x	NSE: 2x
Currency Options	Regular: 4x \| Priority Pack: 4x \| Regular CO: 4x \| Priority Pack CO: 5x	NSE: 2x
Commodity	Regular: 2.5x \| Priority Pack: 3x \| Regular CO: 3x \| Priority Pack CO: 4x	MCX Futures: 8x

Share Broker Features

	Upstox	iTradeOnline by Trustline
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time	3:15 PM	Equity: 3:15 PM, Commodity: 11:15 PM
Other Features	Option strategy builder

Broker Ratings (Average User Rating)

	Upstox	iTradeOnline by Trustline
	49 Customer Reviews	6 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Upstox is Rated 2.6 / 5 based on 49 customer reviews	iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews

Contact Broker / Request A Call Back

	Upstox	iTradeOnline by Trustline
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

Investment Options Available

	Upstox	iTradeOnline by Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance, Wealth Management

Customer Service Offered

	Upstox	iTradeOnline by Trustline
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	Upstox	iTradeOnline by Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

	Upstox	iTradeOnline by Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	Upstox	iTradeOnline by Trustline
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	Upstox	iTradeOnline by Trustline
Pros	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	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...	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	Useful articles about Upstox: Upstox Trading Platform by RKSV - Review, FAQ and Detail
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. Request Callback	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.
	Enquire about Upstox
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