Compare Upstox
Upstox
Motilal Oswal
Motilal Oswal

Background

Year of Incorporation 2008 - Retail operations from 2012 as RKSV 1987
Website http://www.upstox.com http://www.motilaloswal.com
Phone 022-61309999 022-30896680
Exchanges enabled NSE, BSE & MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL- Partnership with ILFS NSDL/CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 - Rs 16.17 Lakhs Rs 87.3 Crores
Profit after Tax FY12/13 Rs 24 lakhs Rs 89.0 Crores
Profit after Tax FY13/14 - Rs 68.7 Lakhs Rs 18.4 Crores
Profit after Tax FY 14/15 - Rs 0.57 Lakhs Rs 105.8 Crores
Profit after Tax FY 15/16 - Rs 4.4 Crores Rs 594 Crores
Debt FY11/12 0 Rs 43.9 Crores
Debt FY12/13 0 Rs 2.9 Crores
Debt FY13/14 Rs 1.38 Crores Rs 6.08 Crores
Debt FY14/15 Rs 1.30 Crores Rs 174.6 Crores
Debt FY15/16 0 Rs 409.6 Crores
Profit to Equity(%) FY11/12 (3.48) 15.88
Profit to Equity(%) FY12/13 5.10 13.28
Profit to Equity(%) FY13/14 (13.73) 2.72
Profit to Equity(%) FY14/15 0.01 16
Profit to Equity(%) FY15/16 (96) 8.2
Balance Sheet Size FY11/12 Rs 6.2 Crores Rs 997 Crores
Balance Sheet Size FY12/13 Rs 15.1 Crores Rs 1277 Crores
Balance Sheet Size FY13/14 Rs 27.9 Crores Rs 1353 Crores
Balance Sheet Size FY14/15 Rs 45.9 Crores Rs 1670 Crores
Balance Sheet Size FY15/16 Rs 79.4 Crores Rs 2060 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 4,631 1,23,022
Active clients - 2014 7,372 1,52,608
Active clients - 2015 10,622 1,65,844
Active clients - 2016 13,774 1,92,095
Active clients Rating


Brokerage

Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures Rs 20/executed order or 0.01% whichever is lower 0.05% - Reduces upto 0.015% if brokerage paid upfront
Equity Options Rs 20/executed order or 0.01% whichever is lower Rs 70/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Rs 20/executed order or 0.01% whichever is lower 0.05% - Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 20/executed order or 0.01% whichever is lower Rs 20/lot
Commodity Rs 20/executed order or 0.01% whichever is lower 0.05% - Reduces upto 0.015% if brokerage paid upfront
Brokerage Rating


Account Opening Costs

Trading only Nill NA
Trading & Demat Nill Free, but with Margin Cheque
Commodity Nill Free, but with Margin Cheque
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% on Turnover 0.00325% of Turnover
Futures 0.0021% on Turnover 0.00200% of Turnover
Options 0.059% on Premium Turnover 0.051% of Premium Turnover
Commodities 0.0036% on Turnover 0.0025% of Turnover
AMC charge Nill Free
DP Transaction Charge Rs 15.50 per debit instruction Rs 20/Debit Transaction
Offline order placing Charge Rs 20 per executed order Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days 3 Months - Pay Extra for Falcon
End of Day 10 years 10 years - Pay Extra for Falcon
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 20 times for intraday, 0 for delivery Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 4 times for intraday Upto 2 Times Intraday
Equity Options Buying no leverage, shorting upto 4 times for intraday NA
Currency Futures Upto 4 times for intraday Upto 2 times Intraday
Currency Options Buying no leverage, shorting upto 4 times for intraday NA
Commodity Upto 3 times for intraday Upto 2 times Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review

Upstox formerly RKSV is one of the well-known names in discount broking. Pros: Good platforms and pricing. Cons: Unreliable support, no mutual funds platform, no margin funding. Read More