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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 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
Year of Incorporation	2012
Number of Branches	4

Upstox Vs iTradeOnline 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

Upstox Vs iTradeOnline Brokerage

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)

Upstox Vs iTradeOnline 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.

Upstox Vs iTradeOnline 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%)

Upstox Vs iTradeOnline Exposure Margin

	Upstox	iTradeOnline by Trustline
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 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
Referral Program

Upstox Vs iTradeOnline Review

	Upstox	iTradeOnline by Trustline
	52 Customer Reviews	6 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Upstox is Rated 2.5 / 5 based on 52 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?

Upstox Vs iTradeOnline Investment Options

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

Upstox Vs iTradeOnline Order Type Offered

	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)

Upstox Vs iTradeOnline Research Report

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

Upstox Vs iTradeOnline Suitable For Investor Type

	Upstox	iTradeOnline by Trustline
Casual Investor
Active Investor
Trader

Upstox Vs iTradeOnline - Advantages and Disadvantages

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

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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