Comparison –  UPSTOX Vs SAMCo

Upstox SAMCO
Year of Incorporation 2008 2008
Exchanges enabled NSE, BSE & MCX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL- Partnership with ILFS CDSL
Brokerages
Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower
Equity Futures Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower
Equity Options Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower
Currency Futures Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower
Currency Options Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower
Commodity Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower
Account opening charges
Trading and Demat Nill Rs 600
Only Trading Nill Rs 200
Commodity Nill Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 22 days 5 days on NEST
Margins & Leverage Provided
Equity Upto 20 times for intraday, 0 for delivery Upto 15 times for Intraday, No leverage for delivery
Equity Futures Upto 4 times for intraday Upto 2.5 times for intraday
Equity Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 2.5 times for intraday
Currency Futures Upto 4 times for intraday Upto 2.5 times for intraday
Currency Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 2.5 times for intraday
Commodity Upto 3 times for intraday Upto 2 times for intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers NO NO