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Overall 3.5 4
Brokerage Charges 1.0 4.5
Platforms & Tools 4.5 3.5
Customer Service 4.5 3.0
Year of Incorporation 1987 2008 - Retail operations from 2012
Website http://www.motilaloswal.com www.upstox.com
Demat NSDL/CDSL NSDL- Partnership with ILFS
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
Active Clients 2016 192095 13,774
Active Clients 2015 165844 10,622
Active Clients 2014 152608 7,372
Equity Delivery 0.5% -Negotiable 0 (free)
Equity Intraday 0.05% -Negotiable Rs 20 or 0.01% which ever is lower per executed order
Equity Futures 0.05% -Negotiable Rs 20 or 0.01% which ever is lower per executed order
Equity Options Rs 70/lot -Negotiable Rs 20/executed order
Currency Futures 0.05% -Negotiable Rs 20 or 0.01% which ever is lower per executed order
Currency Options Rs 20/lot Rs 20/executed order
Commodities 0.05% -Negotiable Rs 20 or 0.01% which ever is lower per executed order
Trading Only NA Rs 150
Trading & Demat Free, but with Margin Cheque Rs 300
Commodity Free, but with Margin Cheque Rs 150
Software Yes
Web/HTML5 Yes
Android Apps Yes
IOS Apps Yes
Intraday 3 Months - Pay Extra for Falcon 22 days
End of Day 10 years - Pay Extra for Falcon 10 years
Coding No n
Indicators Yes
Online Trade Reports Yes
Online PNL Reports Yes
Online Contract Notes Yes
Tax Ready Yes
Equity Intraday Upto 10 Times Upto 20 times
Equity Delivery Upto 3 times @24%/Annum No leverage
Equity Options NA Buying no leverage, shorting upto 4 times for intraday
Equity Features Upto 2 Times Intraday Upto 4 times for intraday
Currency Futures Upto 2 times Intraday Upto 4 times for intraday
Currency Options NA Buying no leverage, shorting upto 4 times for intraday
Commodities Upto 2 times Intraday Upto 3 times for intraday
Equity 0.00325% of Turnover 0.0035% on Turnover
Equity Futures 0.00200% of Turnover 0.0021% on Turnover
Equity Options 0.051% of Premium Turnover 0.059% on Premium Turnover
AMC Charges Free Trading: 0, Rs 150/year for Demat
DP Charges Rs 20/Debit Transaction Rs 18.50 /debit transaction
Commodities 0.0025% of Turnover 0.0036% on Turnover
Broker Assisted trades Nil Rs 20/order placed on the phone
Research & Tips Yes
Brokerage Calculator No
Margin Calculator No
Braket Orders No
Training & Education Yes