Upstox Vs EZ Wealth – Indian Share Brokers Comparison
Upstox Vs EZ Wealth
Here is a point by point comparison of Upstox Vs EZ Wealth. Upstox is a discount broker launched by 3 co-founders in 2012. Today, RKSV 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.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at 11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Everything about discount brokers such as EZ Wealth or Upstox is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short-term plans of investing or trading and so on.
To make things easy for you, we have listed out the comparison between Upstox Vs EZ Wealth 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
Upstox Review | EZ Wealth Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2012 | 2017 |
Number of branches across India | 3 | 1 |
Exchanges | NSE, BSE, MCX and MCX – SX | NSE, BSE, MCX, NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹150 | ₹1100 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹150 | ₹0 |
Transaction Charges | Upstox Transaction Charges | |
BROKERAGE | ||
Equity Delivery | ₹0 | ₹11 per executed order |
Intraday Delivery | ₹20 per executed order | ₹11 per executed order |
Equity Futures | ₹20 per executed order | ₹11 per executed order |
Equity Options | ₹20 per executed order | ₹11 per executed order |
Currency Futures | ₹20 per executed order | ₹11 per executed order |
Currency Options | ₹20 per executed order | ₹11 per executed order |
Commodity | ₹20 per executed order | ₹11 per executed order |
Brokerage Calculator | Upstox Brokerage Calculator | EZ Wealth Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times Intraday | 3 to 10 times for Intraday |
Equity Futures | Upto 4 times for Intraday | Upto 2.5 Times |
Equity Options | Upto 4 times for Intraday | NA |
Currency Futures | Upto 4 times for Intraday | Upto 2.5 Times |
Currency Options | Upto 4 times for Intraday | NA |
Commodities | Upto 3 times for Intraday | Upto 2.5 Times |
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) | NEST, Upstox, Upstox Pro | EZ Desk, EZ WEb, EZ Mobi |
Total BSE+NSE Complaints %age | 0.12% | 41 |
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 Upstox Vs EZ Wealth for the benefits of other readers. Please feel free to share in the comments below.
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