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Upstox Vs Tradingo (Compare Upstox and Tradingo)

Upstox Logo

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... Know more about Upstox

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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Upstox Vs Tradingo

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  Upstox Tradingo
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 2012 2016
Number of Branches 4
Open Upstox AccountOpen Tradingo Account

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Upstox Vs Tradingo Charges & AMC

Upstox trading account opening charges is Rs 249 while Tradingo account opening changes is Rs 0. Upstox Demat Account AMC Charges is Rs 0 (Free) and Tradingo Demat Account AMC Charges is Rs 250.

  Upstox Tradingo
Trading Account Opening Charges Rs 249 Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 (Free) Rs 250

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Upstox Vs Tradingo 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 Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type Upstox Default Tradingo Discount Broking Plan
Fixed Charges NA Nil
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
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 trade or 0.01% (whichever is lower)
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 trade or 0.01% (whichever is lower)
Commodity Options Rs 20 per executed order Rs 100 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today.
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Upstox Vs Tradingo Brokerage Plan 2

  Upstox Tradingo
Account Type Default Premium Plan
Fixed Charges NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low 0.3% of trade value
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower 0.03% of trade value
Equity Futures Rs 20 per executed order or 0.05% whichever is lower 0.03% of trade value
Equity Options Rs 20 per executed order Rs 50 per lot
Currency Futures Rs 20 per executed order or 0.05% whichever is lower 0.3% of trade value
Currency Options Rs 20 per executed order Rs 50 per lot
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower 0.3% of trade value
Commodity Options Rs 20 per executed order Rs 100 per lot
Open Upstox AccountOpen Tradingo Account

Upstox Charges Vs Tradingo

Minimum Brokerage 0.05% Rs 0
Other Charges Auto Square-off Charges: Rs 50 Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 20 per trade Additional Rs 20 per executed order

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Upstox Vs Tradingo Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  Upstox Tradingo
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) NSE Rs 6000 per crore (0.06%)
Commodity Group A - Rs 290 per Cr (0.0029%) Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Upstox AccountOpen Tradingo Account

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Upstox Vs Tradingo Leverage (Margin)

Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Upstox Tradingo
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)
Open Upstox AccountOpen Tradingo Account

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Compare Upstox and Tradingo Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Tradingo offers Tradingo, Justrade trading software.

  Upstox Tradingo
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola Tradingo, Justrade
Intraday Square-off Time 3:00 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features Option strategy builder
Referral Program Yes
Open Upstox AccountOpen Tradingo Account

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Upstox Vs Tradingo Review

Upstox is rated 2.4 of 5 based on 122 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  Upstox Tradingo
  122 Customer Reviews    Rate Upstox 6 Customer Reviews    Rate Tradingo
Fees 3.4 4.2
Brokerage 3.5 4.7
Trading Platform 2.6 3.5
Customer Service 2.3 3.8
Research Capabilities 2.3 2.0
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Upstox is rated 2.4 of 5 based on 122 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Upstox Enquire Tradingo Enquire
Contact Broker Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today. Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Upstox Vs Tradingo Investment Options

  Upstox Tradingo
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Upstox Vs Tradingo Order Type Offered

  Upstox Tradingo
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
Open Upstox AccountOpen Tradingo Account

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Upstox Vs Tradingo Research Report

  Upstox Tradingo
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Upstox Vs Tradingo Suitable For Investor Type

  Upstox Tradingo
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Upstox Vs Tradingo - Pros and Cons

  Upstox Tradingo
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • No brokerage charges for equity delivery trades.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
Cons
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

Flat Rs 20 per Trade Brokerage

  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 Brokerage for Mutual Funds.
  • Rs 0 Demat AMC.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Upstox AccountOpen Tradingo Account

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