Upstox Vs Trustline (Compare Upstox and Trustline)

The side-by-side comparison of Upstox and Trustline. Compare Upstox Vs Trustline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs Trustline?


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


Trustline
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 wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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Upstox Vs Trustline

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Upstox Trustline
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Upstox Basic Full-service Brokerage Plan
Year of Incorporation 2012
Number of Branches 4
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trustline. Leave your contact info and we will get in touch with you.
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Upstox Vs Trustline Charges & AMC

Upstox trading account opening charges is ₹249 while Trustline account opening changes is ₹0 (Free). Upstox Demat Account AMC Charges is ₹300 and Trustline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

  Upstox Trustline
Trading Account Opening Charges ₹249 ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges ₹300 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
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Upstox Vs Trustline Brokerage Charges & Plans

Upstox Vs Trustline Brokerage

Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  Upstox Trustline
Account Type Upstox Basic Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) 0.20% (20 paisa)
Equity Intraday Brokerage ₹20 per executed order or 0.05% whichever is lower 0.02% (2 paisa)
Equity Futures Brokerage ₹20 per executed order or 0.05% whichever is lower 0.02% (2 paisa)
Equity Options Brokerage ₹20 per executed order ₹75 per lot
Currency Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower 0.02% (2 paisa)
Currency Options Trading Brokerage ₹20 per executed order ₹7.5 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage ₹20 per executed order
Special Offer
Special Offer:

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

Special Offer: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Upstox Vs Trustline Brokerage Plan 2

  Upstox Trustline
Account Type Upstox Priority (Higher Margin) Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 0.20% (20 paisa)
Equity Intraday Brokerage ₹30 per executed order or 0.10% whichever is lower 0.02% (2 paisa)
Equity Futures Brokerage ₹30 per executed order or 0.10% whichever is lower 0.02% (2 paisa)
Equity Options Brokerage ₹30 per executed order ₹75 per lot
Currency Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower 0.02% (2 paisa)
Currency Options Trading Brokerage ₹30 per executed order ₹7.5 per lot
Commodity Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage ₹30 per executed order
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Upstox Charges Vs Trustline

Minimum Brokerage Charges 0.05% ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges ₹20 per trade ₹0 (Free)
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Upstox Vs Trustline Transaction Charges

Upstox transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium) while Trustline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

  Upstox Trustline
Equity Delivery NSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures NSE ₹210 per Cr (0.0021%) NSE ₹190 per crore (0.0019%)
Equity Options NSE ₹5500 per Cr (0.055%) (on premium) NSE ₹5000 per crore (0.05%)
Currency Futures NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%) NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium) NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity Group A - ₹290 per Cr (0.0029%) MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
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Upstox Vs Trustline Leverage (Margin)

Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the Trustline margin for intraday cash is Up to 20x.

  Upstox Trustline
Equity Delivery 1x (no margin) 1x (100% Margin Required)
Equity Intraday Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x Up to 20x
Equity Futures Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x NSE: 2x
Equity Options Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x NSE: 2x
Currency Futures Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x NSE: 2x
Currency Options Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x NSE: 2x
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x MCX Futures: 8x
Commodity Options
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Compare Upstox and Trustline Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  Upstox Trustline
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 Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
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Upstox Vs Trustline Review

Upstox is rated 2.5 of 5 based on 96 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  Upstox Trustline
  96 Customer Reviews    Rate Upstox 1 Customer Reviews    Rate Trustline
Fees 3.5 4.0
Trading Brokerage 3.5 3.0
Trading Platform Usability 2.7 4.0
Customer Service 2.3 4.0
Research Capabilities 2.3
Overall Ratings Rated 2.5 stars Rated 4.0 stars
Broker Rating Upstox is rated 2.5 of 5 based on 96 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Trustline Enquire
Contact Broker

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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Upstox Vs Trustline Investment Options

  Upstox Trustline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds No No
Bond / NCD No No
Debt No Yes
Other Investment Options Insurance, Wealth Management
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Upstox Vs Trustline Order Type Offered

  Upstox Trustline
Bracket Order 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
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Upstox Vs Trustline Research Report

  Upstox Trustline
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Upstox Vs Trustline Suitable For Investor Type

  Upstox Trustline
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Trustline - Pros and Cons

  Upstox Trustline
Pros
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.
  9. Online IPO, FPO, Bonds and NCD's are available.
  • 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.
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.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Doesn't offer BTST facility.
  • 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.
Reviews
Promo / Offers

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day 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 Trustline representatives will contact you.

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