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Upstox Vs Trustline (Compare Upstox and Trustline)

The side-by-side comparison of Upstox and Trustline. Compare Upstox Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and Upstox review.

Find out Upstox Vs Trustline which is better and Upstox Vs Trustline which is best.

Our Upstox comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Upstox and Trustline.

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Upstox Vs Trustline

  Upstox Trustline Securities Ltd
 
Upstox Logo Trustline Securities Ltd Logo
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 ... Know more about Upstox 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 ... Know more about Trustline Securities Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Upstox Basic Full-service Brokerage Plan
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Upstox Vs Trustline Charges

  Upstox Trustline Securities Ltd
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
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Upstox Vs Trustline Brokerage

Brokerage Plan 1

  Upstox Trustline Securities Ltd
Account Type Upstox Basic Full-service Brokerage Plan
Fixed Charges ₹0
Equity Delivery Brokerage ₹0 0.20% (20 paisa)
Equity Intraday Brokerage ₹20 per trade or 0.01% (whichever is lower) 0.02% (2 paisa)
Equity Futures Brokerage ₹20 per trade or 0.01% (whichever is lower) 0.02% (2 paisa)
Equity Options Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹75 per lot
Currency Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) 0.02% (2 paisa)
Currency Options Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹7.5 per lot
Commodity Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage

Brokerage Plan 2

  Upstox Trustline Securities Ltd
Account Type Upstox Priority Full-service Brokerage Plan
Fixed Charges ₹0
Equity Delivery Brokerage ₹0 0.20% (20 paisa)
Equity Intraday Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.02% (2 paisa)
Equity Futures Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.02% (2 paisa)
Equity Options Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹75 per lot
Currency Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.02% (2 paisa)
Currency Options Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹7.5 per lot
Commodity Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) Future: 0.02% (2 paisa) | Options: ₹50 per lot
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)
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Upstox Vs Trustline Taxes

  Upstox Trustline Securities Ltd
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.
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Upstox Vs Trustline Transaction Charges

  Upstox Trustline Securities Ltd
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%)
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Upstox Vs Trustline Exposure Margin

  Upstox Trustline Securities Ltd
Equity Delivery 2.5x 1x (100% Margin Required)
Equity Intraday Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x Up to 20x
Equity Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x NSE: 2x
Equity Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x NSE: 2x
Currency Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x NSE: 2x
Currency Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x NSE: 2x
Commodity Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x MCX Futures: 8x
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Upstox and Trustline Feature Comparison

  Upstox Trustline Securities Ltd
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)
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
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Upstox Vs Trustline Review

  Upstox Trustline Securities Ltd
  50 Customer Reviews    Rate Upstox 1 Customer Reviews    Rate Trustline
Fees Ratings 3.7 4.0
Trading Brokerage Rating 3.6 3.0
Trading Platform Usability 2.8 4.0
Customer Service Ratings 2.4 4.0
Overall Ratings Rated 2.5 stars Rated 4.0 stars
Broker Rating Upstox is Rated 2.5 / 5 based on 50 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Upstox Trustline Securities Ltd
Contact / Request Call Back
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Upstox Vs Trustline Investment Options

  Upstox Trustline Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No 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 Customer Service

  Upstox Trustline Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Upstox Vs Trustline Order Type Offered

  Upstox Trustline Securities Ltd
Bracket Order Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Upstox Vs Trustline Research Report

  Upstox Trustline Securities Ltd
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 Securities Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Trustline - Advantages and Disadvantages

  Upstox Trustline Securities Ltd
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.

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
  • 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.
  • 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 Useful articles about Upstox:
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.

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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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