Indiabulls vs Upstox Comparison: 2024

About Indiabulls

India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.

Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately  7 lakhs spread across 18 cities.

India Bulls Stock Broker: An overview

The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.

India bulls Shubh pioneered the online trading platform facility

About Upstox

Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.

Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of  Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.

Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell

Indiabulls vs Upstox Account Opening Charges: 2024

ChargeIndiabullsUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹500₹249
Trading Account AMC₹0₹0
Demat Account AMC₹450₹300 per year (paid monthly)

Indiabulls vs Upstox Brokerage Charges and Plans : 2024

ChargeIndiabullsUpstox
Plan NameEquity Unlimited Trade PlanBasic
Equity Delivery₹0 ₹0 (FREE)
Equity Intraday₹0 ₹20 per trade or 0.05% (whichever is lower)
Equity Futures₹15 per trade₹20 per trade or 0.05% (whichever is lower)
Equity Options₹15 per trade₹20 per trade or 0.05% (whichever is lower)
Currency Futures₹15 per trade₹20 per trade or 0.05% (whichever is lower)
Currency Options₹15 per trade₹20 per trade or 0.05% (whichever is lower)
Commodity Options0.03%₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Indiabulls vs Upstox Margin / Exposure: 2024

SegmentIndiabullsUpstox
Equity Delivery1x (No margin)1x (no margin)
Equity IntradayUpto 5x Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureIntra-day: 4x | Carry forward: 1x Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsIntra-day: 4x | Carry forward: 1xBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureIntra-day: 2x | Carry forward: 1xBasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsIntra-day: 2x | Carry forward: 1xBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity FutureN/ABasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

Indiabulls vs Upstox Currency Charges and Plans: 2024

Indiabulls charge ₹15 per trade for Currency Futures and ₹15 per trade for Currency Options whereas Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.

Indiabulls vs Upstox Commodity Charges and Plans: 2024

Indiabulls charge 0.03% for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
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