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Indiabulls Vs Upstox
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Indiabulls Vs Upstox is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs Upstox so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs Upstox Comparison
Here is a point by point comparison of Indiabulls Vs Upstox.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
Upstox is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
Full-service brokers will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Upstox or Indiabulls offer trading services at much cheaper brokerage rates and reasonable customer service.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Indiabulls Vs Upstox to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Indiabulls Vs Upstox Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Indiabulls Ventures Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 2000 | 2012 |
| Number of branches across India | 150 | 3 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹450 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹150 |
| Transaction Charges | Indiabulls Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.01% | ₹0 |
| Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | ₹20 per executed order |
| Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | ₹20 per executed order |
| Equity Options | ₹15 per lot | ₹20 per executed order |
| Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | ₹20 per executed order |
| Currency Options | ₹15 per lot | ₹20 per executed order |
| Commodity | ₹15 per executed order or 0.01% (whichever is lower) | ₹20 per executed order |
| Brokerage Calculator | Indiabulls Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 20 times Intraday |
| Equity Futures | Upto 3 times Intraday | Upto 4 times for Intraday |
| Equity Options | NA | Upto 4 times for Intraday |
| Currency Futures | Upto 3 times Intraday | Upto 4 times for Intraday |
| Currency Options | NA | Upto 4 times for Intraday |
| Commodities | Upto 3 times Intraday | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Power Indiabulls, Online Trading, Indiabulls Shubh | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints | 0.08% | 0.12% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Indiabulls Vs Upstox for the benefits of other readers. Please feel free to share in the comments below.
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Indiabulls Vs Upstox
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