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 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,
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 | Yes Securities | Upstox |
---|---|---|
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) |
Charge | Yes Securities | Upstox |
---|---|---|
Plan Name | Invest Value Plan | Basic |
Equity Delivery | 0.45% | ₹0 (FREE) |
Equity Intraday | 0.05% | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.05%, 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 Futures | 0.05%, 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 Options | N/A | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | Upstox |
---|---|---|
Equity Delivery | N/A | 1x (no margin) |
Equity Intraday | N/A | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | N/A | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | N/A | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | N/A | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | N/A | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | N/A | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |