Prabhudas Lilladher vs Upstox Comparison: 2024

About Prabhudas Lilladher

Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.

PL India: Formation & Glimpse

Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?

That brings us to today’s topic, "Prabhudas Lilladher".

Let us start by answering the first question: Who is Prabhudas Lilladher?

Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.

But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.

The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.

Moreover, PL India is

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

Prabhudas Lilladher vs Upstox Account Opening Charges: 2024

ChargePrabhudas LilladherUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹249
Trading Account AMC₹0₹0
Demat Account AMC₹250, free for 1st year₹300 per year (paid monthly)

Prabhudas Lilladher vs Upstox Brokerage Charges and Plans : 2024

ChargePrabhudas LilladherUpstox
Plan NameN/ABasic
Equity Delivery0.2%₹0 (FREE)
Equity Intraday0.02%₹20 per trade or 0.05% (whichever is lower)
Equity Futures0.02%₹20 per trade or 0.05% (whichever is lower)
Equity Options0.02%₹20 per trade or 0.05% (whichever is lower)
Currency Futures0.02% to 0.01%₹20 per trade or 0.05% (whichever is lower)
Currency Options₹15 per Lot₹20 per trade or 0.05% (whichever is lower)
Commodity Options0.02%₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Prabhudas Lilladher vs Upstox Margin / Exposure: 2024

SegmentPrabhudas LilladherUpstox
Equity DeliveryN/A1x (no margin)
Equity IntradayN/ABasic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureN/ABasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsN/ABasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureN/ABasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsN/ABasic: 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

Prabhudas Lilladher vs Upstox Currency Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% to 0.01% for Currency Futures and ₹15 per Lot 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.

Prabhudas Lilladher vs Upstox Commodity Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
Ask your questions here

Other Comparisons of Prabhudas Lilladher and Upstox

Prabhudas LilladherUpstox
Prabhudas Lilladher vs 5paisaUpstox vs 5paisa
Prabhudas Lilladher vs StoxkartUpstox vs Stoxkart
Prabhudas Lilladher vs SBIcap SecuritiesUpstox vs SBIcap Securities
Prabhudas Lilladher vs HDFC SecuritiesUpstox vs HDFC Securities
Prabhudas Lilladher vs ICICI DirectUpstox vs ICICI Direct
Prabhudas Lilladher vs Master TrustUpstox vs Master Trust
Prabhudas Lilladher vs Trading BellsUpstox vs Trading Bells
Prabhudas Lilladher vs ProStocksUpstox vs ProStocks
Prabhudas Lilladher vs Reliance SecuritiesUpstox vs Reliance Securities
Prabhudas Lilladher vs EdelweissUpstox vs Edelweiss
Prabhudas Lilladher vs FyersUpstox vs Fyers
Prabhudas Lilladher vs AxisDirectUpstox vs AxisDirect
Prabhudas Lilladher vs Yes SecuritiesUpstox vs Yes Securities
Prabhudas Lilladher vs Angel BrokingUpstox vs Angel Broking
Prabhudas Lilladher vs Wisdom CapitalUpstox vs Wisdom Capital
Prabhudas Lilladher vs GrowwUpstox vs Groww
Prabhudas Lilladher vs Anand RathiUpstox vs Anand Rathi
Prabhudas Lilladher vs Ventura SecuritiesUpstox vs Ventura Securities
Prabhudas Lilladher vs Motilal OswalUpstox vs Motilal Oswal
Prabhudas Lilladher vs IndiabullsUpstox vs Indiabulls
Prabhudas Lilladher vs FinvasiaUpstox vs Finvasia
Prabhudas Lilladher vs IIFL SecuritiesUpstox vs IIFL Securities
Prabhudas Lilladher vs Trade Smart OnlineUpstox vs Trade Smart Online
Prabhudas Lilladher vs Alice BlueUpstox vs Alice Blue
Prabhudas Lilladher vs Karvy Stock Broking Ltd.Upstox vs Karvy Stock Broking Ltd.
Prabhudas Lilladher vs IDBI DirectUpstox vs IDBI Direct
Prabhudas Lilladher vs Nirmal BangUpstox vs Nirmal Bang
Prabhudas Lilladher vs Paytm MoneyUpstox vs Paytm Money
Prabhudas Lilladher vs Marwadi SharesUpstox vs Marwadi Shares
Prabhudas Lilladher vs SharekhanUpstox vs Sharekhan
Prabhudas Lilladher vs Kotak SecuritiesUpstox vs Kotak Securities
Prabhudas Lilladher vs SAMCOUpstox vs SAMCO
Prabhudas Lilladher vs ZerodhaUpstox vs Zerodha