Upstox Vs Trustline Share Broker Comparison
The side-by-side comparison of Upstox and Trustline Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Upstox and Trustline'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 Trustline.
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Upstox |
Trustline Securities Ltd |
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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 ...  |
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ... |
Type of Broker
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX |
| Account Type
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Upstox Basic |
Full-service Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Upstox |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| Account Type |
Upstox Basic |
Full-service Brokerage Plan |
| Fixed Charges
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₹0 |
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| Equity Delivery Brokerage
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₹0 |
0.20% (20 paisa) |
| Equity Intraday Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
0.02% (2 paisa) |
| Equity Futures Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
0.02% (2 paisa) |
| Equity Options Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹75 per lot |
| Currency Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
0.02% (2 paisa) |
| Currency Options Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
₹7.5 per lot |
| Commodity Futures Trading Brokerage
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₹20 per trade or 0.01% (whichever is lower) |
Future: 0.02% (2 paisa) | Options: ₹50 per lot |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Upstox |
Trustline Securities Ltd |
| Account Type |
Upstox Priority |
Full-service Brokerage Plan |
| Fixed Charges
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₹0 |
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| Equity Delivery Brokerage
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₹0 |
0.20% (20 paisa) |
| Equity Intraday Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
0.02% (2 paisa) |
| Equity Futures Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
0.02% (2 paisa) |
| Equity Options Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹75 per lot |
| Currency Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
0.02% (2 paisa) |
| Currency Options Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
₹7.5 per lot |
| Commodity Futures Trading Brokerage
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₹30 per trade or 0.05% (whichever is lower) |
Future: 0.02% (2 paisa) | Options: ₹50 per lot |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
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46 Customer Reviews  |
1 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 |
Trustline is Rated 4.0 / 5 based on 1 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Upstox |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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 |
Trustline Securities Ltd |
| 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... |
- Research based fundamental and technical analysis available to all the customers.
- 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
- 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.
- Doesn't offer bracket orders.
- Online IPO, NCD, Corporate Bond investment is not available.
- Trading API is now available.
- 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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