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Trading Bells Vs Upstox – Share Brokers Comparison
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Trading Bells Vs Upstox
Here is a point by point comparison of Trading Bells Vs Upstox. Trading Bells is a Discount stockbroker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
Upstox (also known as RKSV) 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.
Discount brokers such as Trading Bells or Upstox 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 Trading Bells 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
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.
Comparison
 |  | |
| Trading Bells Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2014 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | NSE, BSE, MCX, MCX – SX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹150 |
| Transaction Charges | Trading Bells Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹0 | ₹0 |
| Intraday Delivery | 0.01% or ₹20 per executed order whichever is lower | ₹20 per executed order |
| Equity Futures | 0.01% or ₹20 per executed order whichever is lower | ₹20 per executed order |
| Equity Options | Flat ₹20 per executed order | ₹20 per executed order |
| Currency Futures | 0.01% or ₹20 per executed order whichever is lower | ₹20 per executed order |
| Currency Options | Flat ₹20 per executed order | ₹20 per executed order |
| Commodity | 0.01% or ₹20 per executed order whichever is lower | ₹20 per executed order |
| Brokerage Calculator | Trading Bells Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times Intraday | Upto 20 times Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 4 times for Intraday |
| Equity Options | Buying no leverage | Upto 4 times for Intraday |
| Currency Futures | Upto 2 times for Intraday | Upto 4 times for Intraday |
| Currency Options | Upto 3 times for Intraday | Upto 4 times for Intraday |
| Commodities | Upto 3 times for 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) | ODIN, NETNET Lite, NSE Now, Mobile Trade | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints | 0.06% | 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 Trading Bells Vs Upstox for the benefits of other readers. Please feel free to share in the comments below.
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Date
Broker Name
Trading Bells Vs Upstox
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