Yes Securities vs Upstox Comparison: 2024

About Yes Securities

It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.

Yes Bank Securities: An Overview

Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories. 

Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,

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

Yes Securities vs Upstox Account Opening Charges: 2024

ChargeYes SecuritiesUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹999₹249
Trading Account AMC₹0₹0
Demat Account AMC₹500₹300 per year (paid monthly)

Yes Securities vs Upstox Brokerage Charges and Plans : 2024

ChargeYes SecuritiesUpstox
Plan NameInvest Value PlanBasic
Equity Delivery0.45%₹0 (FREE)
Equity Intraday0.05%₹20 per trade or 0.05% (whichever is lower)
Equity Futures0.05%, Intraday - 0.02%₹20 per trade or 0.05% (whichever is lower)
Equity Options₹75 per lot, Intraday - ₹25 per lot₹20 per trade or 0.05% (whichever is lower)
Currency Futures0.05%, Intraday - 0.02%₹20 per trade or 0.05% (whichever is lower)
Currency Options₹75 per lot, Intraday - ₹25 per lot₹20 per trade or 0.05% (whichever is lower)
Commodity OptionsN/A₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Yes Securities vs Upstox Margin / Exposure: 2024

SegmentYes SecuritiesUpstox
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

Yes Securities vs Upstox Currency Charges and Plans: 2024

Yes Securities charge 0.05%, Intraday - 0.02% for Currency Futures and ₹75 per lot, Intraday - ₹25 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.
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