Upstox Vs iTradeOnline (Compare Upstox and iTradeOnline)
The side-by-side comparison of Upstox and iTradeOnline. Compare Upstox Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and Upstox review.
Find out Upstox Vs iTradeOnline which is better and Upstox Vs iTradeOnline which is best.
Our Upstox comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between Upstox and iTradeOnline.
Upstox Vs iTradeOnline
Upstox
iTradeOnline
Find more info about broker
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
Year of Incorporation
2012
Number of Branches
4
Enquire Upstox
Enquire iTradeOnline
Upstox Vs iTradeOnline Charges
Upstox
iTradeOnline
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
Upstox Vs iTradeOnline Brokerage
Brokerage Plan 1
Upstox
iTradeOnline
Account Type
Upstox Basic
Pay Per Trade
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
₹20 per executed order
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
₹20 per executed order
Brokerage Plan 2
Upstox
iTradeOnline
Account Type
Upstox Priority
Pay Per Trade
Fixed Charges
₹0
Equity Delivery Brokerage
₹0
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
₹30 per executed order
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
₹30 per executed order
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)
Upstox Vs iTradeOnline Taxes
Upstox
iTradeOnline
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Upstox Vs iTradeOnline Transaction Charges
Upstox
iTradeOnline
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%)
Upstox Vs iTradeOnline Exposure Margin
Upstox
iTradeOnline
Equity Delivery
2.5x
Upto 5x (based on the stock)
Equity Intraday
Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Upto 20x (based on the stock)
Equity Futures
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options
Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Upstox and iTradeOnline Feature Comparison
Upstox
iTradeOnline
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
Referral Program
Upstox Vs iTradeOnline Review
Upstox
iTradeOnline
58 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 58 customer reviews iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews
Upstox Vs iTradeOnline Investment Options
Upstox
iTradeOnline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, Wealth Management
Upstox Vs iTradeOnline Customer Service
Upstox
iTradeOnline
24/7 Customer Service
Onine Live Chat
Through Branches
Upstox Vs iTradeOnline Order Type Offered
Upstox
iTradeOnline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Upstox Vs iTradeOnline Research Report
Upstox
iTradeOnline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Upstox Vs iTradeOnline Suitable For Investor Type
Upstox
iTradeOnline
Casual Investor
Active Investor
Trader
Upstox Vs iTradeOnline - Advantages and Disadvantages
Upstox
iTradeOnline
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
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.
This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.
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