angel broking

Upstox Vs Indiabulls Venture Online Comparison – Which Broker is Better For Traders & Investor

angel broking

Upstox vs. Indiabulls Subh – Comparison

A comparative study of Upstox vs Indiabulls Venture in terms of overview and parameter-wise, in various aspects business strategies to customer experience, are discussed below for a better understanding of an investor, which in turn will help them to choose the right service provider, Upstox or Indiabulls Subh according to their actual needs and benefits.

Headquartered in Gurgaon and founded in 1999 as a financial service provider, Indiabulls Subh started their business, primarily with Housing and Consumer Finance and Wealth Management,

and emerged as the second-largest company for Housing Finance with an Rs.1.39 trillion balance sheet by 2018 with a loan disbursement of Rs.2.15 trillion.

The company later had its presence in Real Estate as well as in Pharmaceuticals.

Upstox, on the other hand, is also a stockbroking company that also provides different services in the financial sector at a very low cost and nominal charges.

Upstox vs. Indiabulls Subh
Upstox vs. Indiabulls Subh

Upstox Vs Indiabulls Venture Overview: 

A summary of Organizational Overviews of Upstox vs Indiabulls Venture in the below table shows a clear picture that both of them are Discount Brokers,

And ratings on individual parameters of Upstox exceeds than that of Indiabulls Subh maintaining a consistent score of 4.5, except in the case of Investments Offering, where Indiabulls Subh scores 5 out of 5.

Related Post:   How To Open Upstox Demat Account – Charges, Document, Margin, Account Opening Process
 ParticularsIndiabulls VenturesUpstox
Overall Rating4 out of 54.5 out of 5
Brokerage Charges3 out of 54.5 out of 5
Trading Platform4.5 out of 54.5 out of 5
Investments Offering5 out of 54 out of 5
Customer Service3 out of 54.5 out of 5
Broker Type Discount BrokerDiscount Broker
Stock Exchanges BSE, NSE, MCX, NCDEXBSE, NSE, MCX

Upstox Vs Indiabulls Venture AMC & AOC: 

If we compare Upstox and Indiabulls Venture in terms of AMC & AOC, Upstox again provides facilities at a lower cost than Indiabulls Subh except Account Opening Fees for DEMAT, where Indiabulls Subh provides at free of cost.

ChargesIndiabulls VenturesUpstox
Account Opening Fees- Trading500 Rupees150 Rupees
AMC of TradingFreeFree
Account Opening Fees- DEMATFree150 Rupees
AMC of DEMAT450 Rupees PA (2nd Year Onward)150 Rupees PA (Waived for 1st year)
DP Service

Upstox Vs Indiabulls Venture Brokerage Plan: 

Various Multiple Brokerage Plans are available with both Upstox and Indiabulls Subh.

Plan TypesIndiabulls Ventures BrokerageUpstox Brokerage
Multiple Brokerage Plans
Monthly Brokerage Plans
Yearly Brokerage Plans

Comparison on Brokerage Charge: 

If we do Upstox vs Indiabulls Subh assessment in terms of Brokerage Charge, it can be noticed that most of the charges are charged at flat rates by Upstox wherein Indiabulls Subh charges more in few cases and included in trades in other cases.

ParticularsIndiabulls VenturesUpstox
Plan NameUnlimited trading planMax 20 Rupees Per Order Trading Plan
Equity Delivery1000 RupeesFree
Equity IntradayInclude in Delivery0.01% or 20 Rupees whichever is lower
Equity Futures1000 RupeesFlat Fee 20 Rupees
Equity OptionsInclude in DerivativesFlat Fee 20 Rupees
Currency FuturesInclude in DerivativesFlat Fee 20 Rupees
Currency OptionsInclude in DerivativesFlat Fee 20 Rupees
Commodity TradingNAFlat Fee 20 Rupees
Minimum BrokerageNILNIL
Hidden ChargesInfo Not AvailableInfo Not Available
FundingInfo Not AvailableInfo Not Available
Call & Trade Charges15 Rupees per executed order20 Rupees Per Executable Order

Comparison on Transaction Charge: 

For Transaction Charges, both Upstox and Indiabulls Subh are almost the same and are just a mix and match with very nominal variations.

Related Post:   SMC Global Vs Reliance Securities Comparison - Side by Side Compare
ParticularsIndiabulls VenturesUpstox
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures250 Rupees Per Cr210 Rupees Per Cr
Equity Options5500 Rupees Per Cr5500 Rupees Per Cr
Currency Futures120 Rupees Per Cr150 Rupees Per Cr
Currency Options4500 Rupees Per Cr6000 Rupees Per Cr
CommodityNon-Agri: 300 Rupees Per Cr 
Agri: 250 Rupees Per Cr
Non-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr

Comparison on Account Feature: 

Upstox and Indiabulls Subh, both have similar Account Features except Upstox provides an additional feature of Algo Trading and Indiabulls Subh has Margin Trading Funding available with them.

ParticularsIndiabulls VenturesUpstox
3 in 1 Account Service
Charting Service
Algo Trading Service
SMS Alerts Service
Online Demo Service
Online Portfolio Service
Margin Trading Funding Service
Combined Ledger for Equity and
Commodity Service
Intraday Square-off Time Service3:15 PM3:15 PM
NRI Trading Service
Other ServiceMobile Application:
Power Indiabulls Mobile
NIL

Upstox Vs Indiabulls Venture Trading Terminal: 

Indiabulls Subh is technologically well equipped with all Trading Terminals available. Upstox on the other hand only lacks in the Desktop version of the Mac operating system.

ParticularsIndiabulls VenturesUpstox
Desktop Trading PlatformPower IndiabullsDartStock /
Nest Trader /
Fox Trader
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailshubhtrade.indiabulls.compro.upstox.com
Mobile Site
Mobile Trading
Mobile Trading AppIndiabulls ShubhUpstox
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesInfo Not AvailableFree

Comparison on Product Offering: 

In the case of Product Offering, Indiabulls Subh has more product range to offer to its customers as compared to Upstox.

Related Post:   5Paisa Vs India Bulls Venture (Subh) - Logical Assessment
ParticularsIndiabulls VenturesUpstox
Equity Cash and F&O Service
Currency Deravitives Service
Commodity Service
Online IPO Application Service
Mutual Funds Service
Bond / NCD Service
ETF Service
Banking Service
Insurance Service
Forex Service
MF SIP Investment Service
Equity SIP Investment Service
PMS Service Service
Other Investment ServiceNILNIL

Upstox Vs Indiabulls Venture Margin/Levarage

Leverage is again a mix and match and same for both Upstox and Indiabulls Subh.

ParticularsIndiabulls Ventures MarginUpstox Margin
Equity Delivery Leverage No Information AvailableLeverage Not available for Equity Delivery.
Equity Intraday Leverage Maximum 10x or 10% considering Variable & ELM.Maximum 10x or 10% considering Variable & ELM.
Futures Leverage 1x implies real SPAN + Disclosure.1x implies real SPAN + Disclosure.
Options Leverage 1x implies real SPAN + Disclosure in Sell & Superior Leverage in Purchase.1x implies real SPAN + Disclosure in Sell & Superior Leverage in Purchase.
Equity CO Leverage Maximum 10x or 10% considering Variable & ELM, no further leverage for Cover Order.Maximum 10x or 10% considering Variable & ELM, no further leverage for Cover Order.
Futures CO Leverage 1x implies real SPAN + Disclosure leverage, No further Leverage for Futures Cover Order.1x implies real SPAN + Disclosure leverage, No further Leverage for Futures Cover Order.
Options CO Leverage 1x implies real SPAN + Disclosure leverage (Sell) or Superior Leverage (Purchase), No further Leverage for Options Cover Order.1x implies real SPAN + Disclosure leverage (Sell) or Superior Leverage (Purchase), No further Leverage for Options Cover Order.
Commodity Leverage 1x implies real SPAN + Disclosure in Sell & Superior Leverage in Purchase.1x implies real SPAN + Disclosure in Sell & Superior Leverage in Purchase.

Comparison on Customer Support: 

For customer support, Upstox provides various means of support to their customers, while in the case of Indiabulls Subh not much information available except few.

ParticularsIndiabulls VenturesUpstox
24/7 Customer Service 
Email Support 
Onine Live Chat 
Phone Support 
Toll Free Number 
Through Branches 
Customer Care Number Info Not Available+91 22 6130 9999
Account Opening Process Info Not AvailableOnline/Paperless
Customer Support Email Info Not Available[email protected] 
Knowledge Center/Education Info Not Availableupstox.com/help-center
Head Office Address Info Not AvailableUpstox Corporate Office
Sunshine Tower,30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai – 400 013
Website Info Not Availableupstox.com

Comparison of DEMAT Account Feature: 

In the case of DEMAT Account Features, both Upstox and Indiabulls Subh are pretty close to each other with not many variations and are a mix and match of their charges.

 ParticularsIndiabulls VenturesUpstox
DP SourceCDSLCDSL
DP ID No81800
Demat Account Annual Maintenance Charges(AMC)Holdings up to 50,000 Rupees – Nil
Holdings between 50,001 Rupees to 2,00,000 Rupees – 100 Rupees
150 Rupees pa
Advance DepositNilNIL
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.02% of transaction value or 20 Rupees whichever is higher + 5.50 Rupees (CDSL Charges)13 Rupees + 5.50 Rupees CDSL charges
DEMAT5 Rupees per certificate (Min 50 Rupees per request)20 Rupees + 50 Rupees courier charges
REMAT35 Rupees for every hundred securities100 Rupees for every hundred securities or 25 Rupees per certificate (whichever is higher)
Pledge Creation0.02% of transaction value or 35 Rupees whichever is higher0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Creation Confirmation0.02% of transaction value or 35 Rupees whichever is higher0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Closure0.02% of transaction value or 35 Rupees whichever is higher0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Closure Confirmation0.02% of transaction value or 35 Rupees whichever is higher0.02% of the transaction value (Min 50 Rupees) + CDSL charges
Pledge Invocation0.02% of transaction value or 35 Rupees whichever is higher0.05% of the transaction value (Min 50 Rupees)
Failed Instruction ChargesNil50 Rupees
Other ChargesNilNil

Conclusion:

Both Upstox vs Indiabulls Venture Subh have various product ranges with pros and cons on each product they deal with. At the same time, they also have a good number of happy customer base and both are successful in their line of business.

Whether to choose Upstox or Indiabulls Subh, it all depends on the investor’s choice and exact need for what product they want to trade.

Upstox demat account
angel broking