Upstox Vs Achiievers Equities comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.
Upstox Introduction.
Upstox is a India’s one of the best discount stock broker with more than 1,00,0000 + active customers. Just started in 2011 as a RKSV Capital ltd and Upstox cross trading turnover of 4000cr in just 3 years. Upstox is suitable for all types of traders & investors; it leads the industry in Indian trading and low-cost commissions.
Founded nearly 8 years ago, Upstox securities is known for its industry-leading
Achiievers Equities Ltd
Achiievers Equities, founded in 2010, is a Discount-service broker with over 20000+ retail customer accounts. Pan India’s presence and more than 300+ trading centers. Achievers Equities currently has around 280 business partners in the entire country. At present, the company’s turnover is more than 1000+ crore rupees per day.
Achiievers Equities won “Most promising brand” award on 22 Jul 2016. Achievers Equities is the first to offer research in India on daily basis. 24/7 customer care support is the most important thing in today’s world and they provide. Rather than broking, they offer a product like online Mutual fund, Online KYC, Gold Loan, Equity SIP etc.
Upstox Vs Achiievers Equities Side-by-side Comparison
| Broker Name | Upstox | Achiievers Equities |
| Broker Info | Upstox Review | Achiievers Equities Review |
Upstox Vs Achiievers Equities Background Comparison
| Background | Upstox | Achiievers Equities |
| Incorporation Year | 2011 Started as RKSV | 2010 |
| Broker Services | Discount Broker | Discount Broker |
| Website URL | upstox.com | achiieversequitiesltd.com |
| Contact Number | 022-61309999 | 033 66063000 |
| Exchanges Accessible | NSE, BSE, MCX-SX & MCX | NSE, BSE, & MCX |
| Demat (NSDL/CDSL) | NSDL- Partnership with ILFS | CDSL |
| Active Total Client | 100000+ Clients | 20000+ Clients |
Introduction
| Introduction | Upstox | Achiievers Equities |
| Broker Reviews /Opinion | Upstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good. Upstox is suitable for both the intraday trader as well as investors. | Overall Achiievers Equities charges very low than its competitors and delivers with very good platforms, research, mobile apps, education, and customer service. Compared to other Discount-service brokers Achiievers Equities offer customizable plan like Per Day Plan, Per Trade Plan, Month plan + Traditional plan also with zero hidden charges. |
Broker Ratings and Reviews Comparison
| Broker Rating/Reviews | Upstox | Achiievers Equities |
| Opening Charges | ★★★★★ | ★★★★ |
| Commissions & Fees | ★★★★★ | ★★★★ |
| Trading Platforms & Tools | ★★★★★ | ★★★★ |
| Order Execution | ★★★★★ | ★★★★ |
| Fund Add/Withdraw | ★★★★★ | ★★★★ |
| Customer Services | ★★★★★ | ★★★★ |
| Overall Rating | ★★★★★ | ★★★★ |
Usable for Investors Category Comparison
| Useful for Type of Investors | Upstox | Achiievers Equities |
| Day Traders | Yes, Available ✔ | Yes, Available ✔ |
| Active Investor/Trader | Yes, Available ✔ | Yes, Available ✔ |
| Investor | Yes, Available ✔ | Yes, Available ✔ |
Account Opening Fees and AMC Comparison
| Account Opening Fees and AMC | Upstox | Achiievers Equities |
| Trading Account Opening Charges | Rs.150 for Equity | Rs.750 |
| Trading Annual Maintenance Charges | Free | Free |
| Demat Account Opening Fees | Rs.150 | Free |
| Demat Annual Maintenance Charges | Rs.150/Per Annum (1st Year Free) | Rs.400/Per Annum |
| Commodity Fees | Rs.150 for Commodity Account | Rs.300 |
| Offer DP Service | Yes, Available ✔ | Yes, Available ✔ |
Available Trading Brokerage Plans Comparison
| Available Brokerage Plans | Upstox | Achiievers Equities |
| Monthly Subscription | Yes, Available ✔ | Yes, Available ✔ Rs.750 Per Month |
| Yearly Subscription | Not Available, ✖ | Yes, Available ✔ |
| Multiple Subscription | Not Available, ✖ | Yes, Available ✔ per month & per day |
Trading Brokerage Charges Comparison
| Brokerage Charges | Upstox | Achiievers Equities |
| Plan Subscription Summery | Upstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery. | Trade in any segment- Equity Intraday, Equity Delivery, Future, Currency and Commodity for just Rs.15 per executed order. |
| Equity Intraday Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Equity Delivery Charges | Free | Rs.15 per executed order. |
| Equity Futures Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Equity Options Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Currency Futures Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Currency Options Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Commodity Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.15 per executed order. |
| Minimum Brokerage Fees | 0.01% Minimum | Just Fee Rs.15 |
| Any Hidden Cost | No, ✖ | No Information |
| Call & Trade Charges | Rs 20 + 18% GST per order. | No Information |
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Available Margins / Leverage Comparison
| Margins or Leverage | Upstox | Achiievers Equities |
| Equity Margin Intraday | Up to 15 times-Base Plan & Up to 20 times-Priority Plan. | No Information |
| Equity Margin Delivery | No Margin for Delivery. | No Information |
| Equity Margin Futures | Normal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future. | No Information |
| Equity Margin Options | Normal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying. | No Information |
| Currency Margin Futures | NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times | No Information |
| Currency Margin Options | NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times | No Information |
| Commodity Margin | NRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times. | No Information |
Transparency and Transaction and other Government charges, Taxs Comparison
| Transparency & Other Fees | Upstox | Achiievers Equities |
| Equity Day Trading | 0.00325% or Rs.325/per crore. | 0.0035% or Rs.350/per crore. |
| Equity Delivery | 0.00325% or Rs.325/per crore. | 0.0035% or Rs.350/per crore. |
| Equity Futures Trading | 0.0021% or Rs.210/per crore. | 0.0039% or Rs.390/per crore. |
| Equity Options Trading | 0.055% or Rs.5500/per crore. | 0.05% or Rs.5000/per crore. |
| Currency Futures Trading | 0.0015% or Rs.150/per crore. | 0.00175% or Rs.175/per crore. |
| Currency Options Trading | 0.06% or Rs.6000/per crore. | 0.065% or Rs.6500/per crore. |
| Commodities Trading | Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore. | Agri: Rs.365 per crore & Non-Agri: Rs.460 per crore. |
| AMC Charge | Free for Trading AMC. Rs.150 PA for Demat AMC | Free for Trading AMC. Rs.400 PA for Demat AMC |
| DP Transaction Fees | Rs 15.50 per debit instruction. | Rs.15 or 0.025% whichever higher |
| Offline order placing Charge | Rs. 20 per order | Rs.0 |
| Sebi Charges | Rs.15/per cr. | Rs.15/per cr. |
| GST | 18% on Brokerage + Transaction charges. | 18% on Brokerage + Transaction charges. |
| Stamp Duty | As per Clients state. | As per Clients state. |
Available Trading Platform / Software Comparison
| Trading Platforms / Software | Upstox | Achiievers Equities |
| Desktop Trading Platform | Dartstock/NEST TRADER/FOX TRADER | NSE NOW |
| Web Based | pro.upstox.com | NSENOW-LOGIN |
| Mobile Application | Upstox | Achiievers Mobi |
Trading Platform Details Comparison
| Trading Platform Details | Upstox | Achiievers Equities |
| Demo (Desktop) Platform | Yes, Available ✔ | Yes, Available ✔ |
| Windows Desktop platform | Yes, Available ✔ | Yes, Available ✔ |
| MAC Desktop platform | No, ✖ | No, ✖ |
| Web Trading URL | pro.upstox.com | NSENOW-LOGIN |
| Web Trading Portals Info | Upstox.com | nowonline.in |
| Mobile Site | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Availability | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Application | Yes, Available ✔ | Yes, Available ✔ |
| Mobile App Demo | Yes Available ✔ | Yes, Available ✔ |
| Android / Ios Mobile App | Yes, ✔ Both Available | Yes, ✔ Both Available |
Charting Facility Comparison
| Charting | Upstox | Achiievers Equities |
| Intraday (Day Chart) | Yes, Available ✔ | 5 Days on NSENOW and 5 Day on ODIN (MCX) |
| End of Day (Daily Chart) | Yes, Available ✔ | 10 years NSENOW and 5 years on ODIN (MCX) |
| Coding/Backtesting | Not Available, ✖ | No, ✖ |
Reporting Comparison
| Reporting | Upstox | Achiievers Equities |
| Trade Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| PNL Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| Online Contract Notes | Yes, Available ✔ | Yes, Available ✔ |
Trading Support and Tools Comparison
| Support & Tools | Upstox | Achiievers Equities |
| Research & Tips | No, ✖ | Yes, Available ✔ |
| Brokerage Calculator | Yes, Available ✔ | Yes, Available ✔ |
| Span Margin Calculator | Yes, Available ✔ | No, ✖ |
| Trailing Stoploss | No, ✖ | No, ✖ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ Blogs, Articles |
Trading Features Comparison
| Useful Trading Features | Upstox | Achiievers Equities |
| 3 in 1 Account (Bank+Trading+Demat) | No, ✖ | Yes, Available ✔ |
| Instant Fund withdrawal | No, ✖(24 hours) | No, ✖ |
| Relationship Managers (RM) | No, ✖ | No, ✖ |
| Charts | Yes, Available ✔ | Yes, Available ✔ |
| Algo Trading / Robot | No, ✖ | No, ✖ |
| Mobile SMS Alerts | Yes, Available ✔(Free) | No, ✖3.15 PM |
| Online Demo | Yes, Available ✔ | Yes, Available ✔ |
| Online Portfolio | Yes, Available ✔ | Yes, Available ✔ |
| Margin for Future Trading | Yes, Available ✔ | No, ✖ |
| Combined Records for Equity & Commodity | Yes, Available ✔ | No, ✖ |
| Intraday Sq.off Timing | 3.15 PM | 3.15 PM |
| Can NRI Trade | Yes, Available ✔ | Yes, Available ✔ |
| Extra Features | Pivot Point Indicator on Chart | Ask to Broker |
Services and Available Option Category Comparison
| Investment Service and Available Options | Upstox | Achiievers Equities |
| Equity Cash & Future & Option | Yes, Available ✔ | Yes, Available ✔ |
| Currency Derivatives (Forex) | Yes, Available ✔ | Yes, Available ✔ |
| Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Online IPO Request | No, ✖ | No, ✖ |
| Mutual Funds (MF) | Yes, Available ✔ | Yes, Available ✔ |
| Bonds / Negotiable Certificate of Deposit | Yes, Available ✔ | Yes, Available ✔ |
| Exchange-Traded Fund (ETF) | No, ✖ | Yes, Available ✔ |
| Banking Services | No, ✖ | No, ✖ |
| Direct Insurance | No, ✖ | No, ✖ |
| Forex Investment | No, ✖ | No, ✖ |
| MF SIP Investments | No, ✖ | Yes, Available ✔ |
| PMS Services | No, ✖ | No, ✖ |
| Other Options | Ask to Broker | Ask to Broker |
Fund ADD / Fund Withdrawal Procedure Comparison
| Fund Add/Withdrawal Process | Upstox | Achiievers Equities |
| Fund Pay In and Pay out | Near about 30 bank available for fund credit and Rs.7 for per transaction. | No Information |
| Time for Payout | 24 hours (working days). | No Information |
| Linked Bank | Near about 30 bank available for fund credit and Rs.7 for per transaction. | No Information |
Trading Order Types Comparison
| Trading Order Types | Upstox | Achiievers Equities |
| Cash N Carry (CNC Order) | Yes, Available ✔ | Yes, Available ✔ |
| Margin Intraday Square (MIS Order) | Yes, Available ✔ | Yes, Available ✔ |
| Normal (NRML Order) | Yes, Available ✔ | Yes, Available ✔ |
| Cover Order | Yes, Available ✔ | No Information |
| Bracket Order | Yes, Available ✔ | No, ✖ |
| Buy Today Sell Tomorrow (BTST) | Yes, Available ✔ | No, ✖ |
| Sell Today Buy Tomorrow (STBT) | Yes, Available ✔ | No, ✖ |
| AMO – After Market Order | Yes, Available ✔ | No, ✖ |
| GTG – Good Till Cancelled | No, ✖ | Yes, Available ✔ |
Customer Care Services and Numbers Comparison
| Customer Care Services | Upstox | Achiievers Equities |
| Customer Care Service 24/7 | No, ✖ | Yes, Available ✔ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | No, ✖ | Yes, Available ✔ |
| Phone Support | Yes, Available ✔ | Yes, Available ✔ |
| Toll-Free Number | No, ✖ | 1860 420 3333 |
| Support by Branch | Yes, Available ✔(Main Office) | Yes, Available ✔ |
| Customer Care Contact Number | 91 2261309999 | +91 33 66063000 |
| Account Opening Procedure | Paperless | No Information |
| Customer Support Email | [email protected] | [email protected] |
| Complaints Support Email | [email protected] [email protected] | [email protected] |
| Educational Blog | Yes, Available ✔ | achiieversequitiesltd.com |
| Head Office Address | 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar West, Mumbai 400013 | 32 / A Diamond Harbour Road, Sakher Bazar, Kolkata – 700008 |
Investment Advice/Tips/ Research & Reports Comparison
| Investment Advice – Tips, Research & Reports | Upstox | Achiievers Equities |
| Equity Research | No, ✖ | Yes, Available ✔ |
| Mutual Fund Research | No, ✖ | Yes, Available ✔ |
| ETF Research | No, ✖ | Yes, Available ✔ |
| Daily Report | No, ✖ | Yes, Available ✔ |
| Free Tips- Advisory | No, ✖ | Yes, Available ✔ |
| Company Result Analysis | No, ✖ | Yes, Available ✔ |
| News & Alerts | No, ✖ | Yes, Available ✔ |
Advantages & Disadvantages Comparison
| Advantages & Disadvantages | Upstox | Achiievers Equities |
| Pros / Likes | 1) No charges for Equity Delivery 2) Technically high-edge Trading Platform 3) Excellent Customer care Support 4) Direct mutual fund investments. 5) Different types of orders types available. | 1) Achiievers Equities offers 24/7 Customer Support. 2) 3-in-1 Account. 3) Customised Brokerage plan available. 4) All Three Trading Portals are fast. |
| Cons / Dislikes | 1)No stock tips / advisory. 2) Online IPO Application not available. 3) Rs.20 Extra for call n trade. | 1) Rs.20 Extra for call-n-trade. 2) Rs.75 for Research Alerts over SMS. |
| Promotion or offer | Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges. | No Information. |
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