FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Upstox Max Rs 20 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. Upstox is a Discount Broker where Karvy is a Full Service Broker. Upstox is having overall higher rating compare to Karvy. Upstox is rated 4.5 out of 5 where Karvy is rated only 4 out of 5. Number of active customer for Karvy is where number of active customer for Upstox is . Karvy is serving more customer compare to Upstox.
Here we present side-by-side comparison of Upstox vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Upstox vs Karvy's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Upstox vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Upstox vs Karvy's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
Comparison of Upstox with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.
Charges | Upstox | Karvy |
---|---|---|
Trading Account Opening Fees | Promotion offer: Free | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Free | Rs 500 PA |
Provide DP Service |
Plans are the most important feature you look when compare Upstox with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | Upstox | Karvy |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Upstox | Zerodha | |
---|---|---|
Account Opening Request |
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.
Brokerage Charges Compare | Upstox | Karvy |
---|---|---|
Plan Name | Max Rs 20 Per Order Trading Plan | Basic Trading Plan (Percentage Based) |
Equity Delivery | 2.5% or Rs 20 whichever is lower | 0.3% or 30 paisa |
Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.03% or 3 paisa |
Equity Futures | 0.05% or Rs 20 whichever is lower | 0.03% or 3 paisa |
Equity Options | Flat Fee Rs 20 | Rs 50 Per Lot |
Currency Futures | 0.05% or Rs 20 whichever is lower | 0.03% or 3 paisa |
Currency Options | Flat Fee Rs 20 | Rs 50 Per Lot |
Commodity Trading | Flat Fee Rs 20 | 0.03% or 3 paisa |
Minimum Brokerage | NIL | NIL |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Info Not Available | Yes - 18% interest PA |
Call & Trade Charges | Rs 50 + 18% GST | Call 18004198283 number for Call and Trade, SMS Order faclity also available |
Auto Square off Charges | Rs 50 + 18% GST | Call 18004198283 number for Call and Trade, SMS Order faclity also available |
Brokerage Calculator | Brokerage Calculator for Upstox | Brokerage Calculator for Karvy |
Compare Upstox with Karvy on transaction charges and PCM fee by segment.
Transaction Charges Compare | Upstox | Karvy |
---|---|---|
Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for upstox | Complete Brokerage Plans for karvy |
Compare Upstox with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Upstox offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
Account Features Compare | Upstox | Karvy |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15 PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Upstox and Karvy. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
Trading Platform Compare | Upstox | Karvy |
---|---|---|
Desktop Trading Platform | Upstox Pro | Karvy NESTTrader |
Desktop Demo | Info Not Available | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://pro.upstox.com/ | https://trade.karvyonline.com/KARVY/Login/indexauth.jsp |
Web Trading Demo | Web Trading Demo | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Upstox | KarvyOnline |
Mobile Trading App Demo | Upstox Demo | KarvyOnline Demo |
Android Mobile App | ||
Android App Download | Andriod Upstox Download | Andriod KarvyOnline Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Upstox Download | iOS KarvyOnline Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Upstox | Equity Intraday and Delivery Brokerage Calculator for Karvy |
Futures Brokerage Calculator | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for Karvy |
Options Brokerage Calculator | Options Brokerage Calculator for Upstox | Options Brokerage Calculator for Karvy |
Detail | Detail on Trading Platforms for upstox | Detail on Trading Platforms for karvy |
Compare Upstox with Karvy on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where Upstox doesn't offer
Investment Offerings Compare | Upstox | Karvy |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | Insurance |
Order Type - Compare Upstox with Karvy on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Upstox offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Upstox offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Upstox | Karvy |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Upstox with Karvy on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
Customer Service Compare | Upstox | Karvy |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | +91 22 6130 9999 | 18004198283/7093706007/18004198283 |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://upstox.com/help-center/ | https://www.karvyonline.com/knowledge-center/index |
Head Office Address | Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Karvy House, No. 46, 8-2-609/K Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034 Telangana |
Website | https://upstox.com/ | www.karvyonline.com |
Compare Upstox with Karvy on research reports and tips provided by the broker.
Compare Upstox with Karvy on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Karvy is ₹365 pa where for Upstox is ₹300 PA.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Upstox is ₹13 + ₹5.50 CDSL charges where for Karvy is ₹15 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
Compare Upstox with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Upstox | Karvy | |
---|---|---|
Pay In and Pay Out Options | pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. | Around 40+ bank are prefered parter with Karvy Stock Broking. |
Bank Detail | HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Info Not Available |
Likes |
Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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Dislikes |
There are some setbacks or disadvantages also while trading with Upstox;
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Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | |
Enquiry | Open Upstox Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-12-15T00:33:11+00:00