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Upstox Vs Trustline (Compare Upstox and 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...

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...

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
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2012
Number of Branches	4

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Upstox Vs Trustline Charges & AMC

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

	Upstox	Trustline
Trading Account Opening Charges	Rs 249	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges	Rs 300	Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

Upstox Vs Trustline Brokerage Charges & Plans

Upstox Vs Trustline Brokerage

Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 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	Default	Full-service Brokerage Plan
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.20% (20 paisa)
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	0.02% (2 paisa)
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	0.02% (2 paisa)
Equity Options	Rs 20 per executed order	Rs 75 per lot
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	0.02% (2 paisa)
Currency Options	Rs 20 per executed order	Rs 7.5 per lot
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower	Future: 0.02% (2 paisa) \| Options: Rs 50 per lot
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.	Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Upstox Charges Vs Trustline

Minimum Brokerage	0.05%	Rs 0 (No Minimum Brokerage)
Other Charges	Auto Square-off Charges: Rs 50	Physical contact notes: Rs 20
Call & Trade Charges	Rs 20 per trade	Rs 0 (Free)

Upstox Vs Trustline Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Upstox	Trustline
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 1.5/trade (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 1.5/trade (each side)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 190 per crore (0.0019%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE Rs 130 per Cr (0.0013%) \| BSE Rs 26 per Cr (0.00026%)	NSE Rs 90/cr (0.0009%) \| BSE Rs 18/cr (0.00018%)
Currency Options	NSE Rs 2900 per Cr (0.029%) \| BSE Rs 2600 per Cr (0.026%) (on premium)	NSE Rs 4000 (on premium) per cr (0.04%) \| BSE Rs 1500
Commodity	Group A - Rs 290 per Cr (0.0029%)	MCX Rs 260/Cr (0.0026%) \| NCDEX Rs 600/cr (0.006%)
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Upstox Vs Trustline Leverage (Margin)

Upstox margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Trustline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Upstox	Trustline
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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	3:00 PM	Equity: 3:15 PM, Commodity: 11:15 PM
Other Features	Option strategy builder
Referral Program
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Upstox Vs Trustline Review

Upstox is rated 2.4 of 5 based on 118 customer reviews whereas Trustline is rated 4.5 of 5 based on 2 customer reviews.

	Upstox	Trustline
	118 Customer Reviews	2 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 118 customer reviews	Trustline is rated 4.5 of 5 based on 2 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	Trustline Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.	Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback Name Phone # Email City Name State Are you a day trader?

Upstox Vs Trustline Investment Options

	Upstox	Trustline
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance, Wealth Management

Upstox Vs Trustline Order Type Offered

	Upstox	Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Upstox Account	Enquire Trustline

Upstox Vs Trustline Research Report

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

Upstox Vs Trustline Suitable For Investor Type

	Upstox	Trustline
Casual Investor
Active Investor
Trader

Upstox Vs Trustline - Pros and Cons

	Upstox	Trustline
Pros	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund and digital gold 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.	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. 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.	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 & Mutual Funds Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold. Pay flat Rs 20 for Intra-day and F&O Trades. Trade with the best trading platform. It is a limited-time offer. Open Instant Account online and start trading the same day.	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.
	Open Upstox Account	Enquire Trustline

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