Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
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
Charge | Trading Bells | Upstox |
---|---|---|
Demat Account Opening Charges | ₹150 | ₹0 |
Trading Acc Opening Charges | ₹ 300 | ₹249 |
Trading Account AMC | ₹ 0 | ₹0 |
Demat Account AMC | ₹300 | ₹300 per year (paid monthly) |
Charge | Trading Bells | Upstox |
---|---|---|
Plan Name | N/A | Basic |
Equity Delivery | ₹ 0 | ₹0 (FREE) |
Equity Intraday | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | ₹ 20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Trading Bells | Upstox |
---|---|---|
Equity Delivery | 1x | 1x (no margin) |
Equity Intraday | Up to 10x for Most Scrips | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | Intraday: 3x | Carry: 1x | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | 1x | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | Intraday: 3x | Carry: 1x | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | Intraday: 3x | Carry: 1x | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | Intraday: 3x | Carry: 1x | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |