Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat
Indiabulls Securities Logo

About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019). Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App). ISL offers a wide range of financial and investment services tailored to meet the needs of individ... Know more about Indiabulls Securities

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

Expand

Indiabulls Securities Vs Upstox

Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

 Indiabulls SecuritiesUpstox
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE and MCXBSE, NSE, MCX
Year of Incorporation20032012
Number of Branches4
Open Indiabulls Securities AccountOpen Upstox Account

Expand

Indiabulls Securities Vs Upstox Charges & AMC

Indiabulls Securities trading account opening charges is Free (NIL) while Upstox account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Upstox Demat Account AMC Charges is Rs 150.

 Indiabulls SecuritiesUpstox
Trading Account Opening ChargesFree (NIL)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)
Demat Account Opening ChargesFree (NIL)Rs 0 (Free)
Demat Account AMC ChargesRs 300Rs 150

Expand

Indiabulls Securities Vs Upstox Brokerage

Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account TypeIndiabulls Securities Flat Fee PlanUpstox Default
Fixed ChargesNA
Equity DeliveryRs 11 per order or 2.5% whichever is lowerRs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 11 per order or 2.5% whichever is lowerRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 11 per Executed orderRs 20 per executed order or 0.05% whichever is lower
Equity OptionsRs 11 per Executed orderRs 20 per executed order
Currency FuturesRs 11 per Executed orderRs 20 per executed order or 0.05% whichever is lower
Currency OptionsRs 11 per Executed orderRs 20 per executed order
Commodity FuturesRs 11 per Executed orderRs 20 per executed order or 0.05% whichever is lower
Commodity OptionsRs 11 per Executed orderRs 20 per executed order
Special Offer
Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities and start trading today.
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Indiabulls Securities Charges Vs Upstox

Minimum BrokerageRs 110.05%
Other ChargesAuto Square-off Charges: Rs 50
Call & Trade ChargesRs 50Rs 20 per trade
Open Indiabulls Securities AccountOpen Upstox Account

Expand

Indiabulls Securities Vs Upstox Leverage (Margin)

Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 Indiabulls SecuritiesUpstox
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
Open Indiabulls Securities AccountOpen Upstox Account

Expand

Compare Indiabulls Securities and Upstox Features

The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

 Indiabulls SecuritiesUpstox
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesYes
Trading PlatformIndiabulls Securities App, Power Indiabulls Web & Power IndiabullsUpstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time3:15 PM3:00 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramYesYes
Other FeaturesOption strategy builder
Open Indiabulls Securities AccountOpen Upstox Account

Expand

Indiabulls Securities Vs Upstox Review

Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Upstox is rated of 5 based on 149 customer reviews.

 Indiabulls SecuritiesUpstox
 50 Customer Reviews    Rate Indiabulls Securities149 Customer Reviews    Rate Upstox
FeesRated 3.4 starsRated 3.3 stars
BrokerageRated 3.1 starsRated 3.3 stars
Trading PlatformRated 3.7 starsRated 2.6 stars
Customer ServiceRated 3.0 starsRated 2.3 stars
Research CapabilitiesRated 2.4 starsRated 2.2 stars
Overall RatingRated 3.2 starsRated 2.4 stars
Broker RatingIndiabulls Securities is Rated 3.2 / 5 based on 50 customer reviewsUpstox is Rated 2.4 / 5 based on 149 customer reviews

Expand

Contact Broker / Request A Call Back

 Indiabulls SecuritiesUpstox
Contact Broker
Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities and start trading today.
Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Expand

Indiabulls Securities Vs Upstox Investment Options

 Indiabulls SecuritiesUpstox
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesNo
Bond / NCDNoNo
DebtNoNo

Expand

Indiabulls Securities Vs Upstox Order Type Offered

 Indiabulls SecuritiesUpstox
Bracket OrderYesNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoYes
Open Indiabulls Securities AccountOpen Upstox Account

Expand

Indiabulls Securities Vs Upstox Suitable For Investor Type

 Indiabulls SecuritiesUpstox
Casual InvestorYesYes
Active InvestorYesYes
TraderYesYes

Expand

Indiabulls Securities Vs Upstox - Pros and Cons

 Indiabulls SecuritiesUpstox
Pros
  • Trade across multiple segments including equities, F&O, commodities, currencies, IPOs, mutual funds, and more—all under one platform.
  • Fast and seamless onboarding experience through the Indiabulls app or official website, with minimal paperwork.
  • Access your trades via a powerful suite of tools—mobile app for convenience, web portal for flexibility, and PIB desktop terminal for professional-grade trading.
  • Free API Access and IB Algo for algo trading
  • NRI trading is available with Indiabulls Securities.
  • Advanced order features like bracket orders, cover orders, and basket orders to manage risk and automate execution.
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
Cons
  • No 3-in-1 account opening services.
  • Limited Customer Support Hours
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Indiabulls Securities Special Offer

₹11 brokerage on trades across all segments

  • Free account opening for everyone
  • ₹11 per executed order across all segments
  • Trade in Equity Delivery, Intraday, F&O, Currency & Commodities
  • Access Indiabulls Securities PIB Desktop Trading Platform

Open your instant Indiabulls account online and start trading today.

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Open Indiabulls Securities AccountOpen Upstox Account


Compare Indiabulls SecuritiesCompare Upstox
Indiabulls Securities Vs 5paisaUpstox Vs 5paisa
Indiabulls Securities Vs Aditya Birla MoneyUpstox Vs Aditya Birla Money
Indiabulls Securities Vs Alice BlueUpstox Vs Alice Blue
Indiabulls Securities Vs Anand RathiUpstox Vs Anand Rathi
Indiabulls Securities Vs Angel OneUpstox Vs Angel One
Indiabulls Securities Vs AxisDirectUpstox Vs AxisDirect
Indiabulls Securities Vs Bajaj FinancialUpstox Vs Bajaj Financial
Indiabulls Securities Vs BlinkXUpstox Vs BlinkX
Indiabulls Securities Vs DhanUpstox Vs Dhan
Indiabulls Securities Vs FirstockUpstox Vs Firstock
Indiabulls Securities Vs FyersUpstox Vs Fyers
Indiabulls Securities Vs GeojitUpstox Vs Geojit
Indiabulls Securities Vs GrowwUpstox Vs Groww
Indiabulls Securities Vs HDFC SecuritiesUpstox Vs HDFC Securities
Indiabulls Securities Vs ICICIdirectUpstox Vs ICICIdirect
Indiabulls Securities Vs INDmoneyUpstox Vs INDmoney
Indiabulls Securities Vs Jainam BrokingUpstox Vs Jainam Broking
Indiabulls Securities Vs Kotak SecuritiesUpstox Vs Kotak Securities
Indiabulls Securities Vs m.StockUpstox Vs m.Stock
Indiabulls Securities Vs Mirae Asset SharekhanUpstox Vs Mirae Asset Sharekhan
Indiabulls Securities Vs Monarch NetworthUpstox Vs Monarch Networth
Indiabulls Securities Vs Motilal OswalUpstox Vs Motilal Oswal
Indiabulls Securities Vs Nuvama (Edelweiss)Upstox Vs Nuvama (Edelweiss)
Indiabulls Securities Vs Paytm MoneyUpstox Vs Paytm Money
Indiabulls Securities Vs ProstocksUpstox Vs Prostocks
Indiabulls Securities Vs SahiUpstox Vs Sahi
Indiabulls Securities Vs SAMCOUpstox Vs SAMCO
Indiabulls Securities Vs SAS OnlineUpstox Vs SAS Online
Indiabulls Securities Vs SBI SecuritiesUpstox Vs SBI Securities
Indiabulls Securities Vs Share.MarketUpstox Vs Share.Market
Indiabulls Securities Vs TradeSmartUpstox Vs TradeSmart
Indiabulls Securities Vs TradingoUpstox Vs Tradingo
Indiabulls Securities Vs Yes SecuritiesUpstox Vs Yes Securities
Indiabulls Securities Vs ZerodhaUpstox Vs Zerodha