Golden Brokers vs Upstox
| Golden Brokers | Upstox |
|---|---|
1.3
|
2.9
|
|
Golden Brokers is a Malaysian headquartered forex and CFD broker established in 2016. The brand is regulated offshore by the Labuan Financial Services Authority. Retail traders can speculate on 700+ products via the MT5 platform with no commission and a choice of international payment methods. |
Upstox is an established Indian broker offering BSE, NSE and MCX stocks, alongside IPOs, mutual funds and futures. Registered with the Securities and Exchange Board of India (SEBI), this broker aims to offer affordable investment products to local clients, alongside powerful desktop and mobile platforms. |
| Comment by Reviewer | |
| "Golden Brokers will appeal to traders looking for high leverage up to 1:1000 in return for limited regulatory safeguards. It will also appeal to traders familiar with MetaTrader 5." | "Upstox will be a top pick for experienced Indian stock traders looking for thousands of equities, flat fees and sophisticated tools. We particularly rate the advanced features of the proprietary platform, Upstox Pro." |
| Pros | |
|
|
| Cons | |
|
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| Instruments | |
| CFDs, Forex, Stocks, Commodities | Stocks, Futures, Options |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $100 | INR 0 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | INR 500 |
| Regulator | |
| LFSC | SEBI |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | Yes |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Copy Trading | |
| Yes | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| MT5 integrated | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade 700+ products as CFDs on the powerful MetaTrader 5 platform. Access leverage up to 1:100 on major forex pairs with a 50% stop-out level on the standard account. | CFD trading not offered |
| Leverage | |
| 1:100 | |
| FTSE Spread | |
| 5 | |
| GBPUSD Spread | |
| 3 | |
| Oil Spread | |
| 0.1 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Speculate on 60+ major, minor and exotic currency pairs such as EUR/AUD, USD/JPY and EUR/GBP with leverage up to 1:100. Fees are not the most competitive, with average spreads of between 3 and 5 pips for major forex pairs. | Forex trading not offered |
| GBPUSD Spread | |
| 3 | |
| EURUSD Spread | |
| 3 | |
| EURGBP Spread | |
| 4 | |
| Assets | |
| 62 | |
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| More Comparisons | |
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Golden Brokers vs |
Upstox vs |