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Upstox Vs : Which one is better?

Both the brokers are registered with SEBI. Upstox offers investmenet in Equity, F&O, Currency and Commodities, where offers investment in Equity, F&O and Currency only. Number of active customer for Upstox is 24,01,555 where number of active customer for is . Upstox is serving more customer compare to .

Here we present side-by-side comparison of Upstox vs 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 '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 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 's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Upstox vs on Service

  Upstox Compare
Upstox
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX
Active Clients 24,01,555
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

Compare Upstox vs on Trading & Demat Account Opening Charges

Comparison of Upstox with on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening where charges for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where charges AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with
Charges Upstox
Trading Account Opening Fees Promotion offer: Free
Trading AMC Free
Demat Account Opening Fees Free
Demat AMC Free
Provide DP Service Yes
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About Brokerage Plans

Compare Upstox vs on Plan Options

Plans are the most important feature you look when compare Upstox with . 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.

Compare Upstox with on Plan Options
Plan Types Upstox
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare Upstox vs on Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Plan detail -

Brokerage Charges - Compare Upstox with
Brokerage Charges Compare Upstox
Plan Name Max Rs 20 Per Order Trading Plan
Equity Delivery 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20
Currency Futures 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available
Funding Info Not Available
Call & Trade Charges Rs 50 + 18% GST
Auto Square off Charges Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for
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Share Broker's Transaction Charges

Compare Upstox vs on Transaction Charges

Compare Upstox with on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox with
Transaction Charges Compare Upstox
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for
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Account Features

Compare Upstox vs on Account Features

Compare Upstox with 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 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 doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Upstox with
Account Features Compare Upstox
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes
Algo Trading Yes
SMS Alerts Yes
Online Demo Yes
Online Portfolio Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes
Intraday Square-off Time 3:15PM
NRI Trading No
Other Features NIL NIL
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Trading Platform

Compare Upstox vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox and . 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 with
Trading Platform Compare Upstox
Desktop Trading Platform Upstox Pro
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No
Desktop Platform (Mac) No
Web Trading Platform Yes
Web Trading Detail https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes
Mobile Trading Yes
Mobile Trading App Upstox
Mobile Trading App Demo Upstox Demo Demo
Android Mobile App Yes
Android App Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes
iOS App Download iOS Upstox Download iOS Download
Android Tablet App Yes
iPad App (IOS) Yes
Trading Software Charges Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for

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Broker Ratings by Users

Compare Upstox vs on User Rating

  Upstox
  12 Customer Reviews    Rate Upstox Customer Reviews    Rate
Fees Ratings 3.5
Trading Brokerage Rating 3.8
Trading Platform Usability 3.7
Customer Service Ratings 3.5
Overall Ratings 3.7
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Upstox vs on Investment Offerings

Compare Upstox with 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 - Upstox offers trading options in Commodity (MCX) where doesn't offer. Online Mutual Fund Investment - Upstox offers online mutual fund investment option where doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Upstox with
Investment Offerings Compare Upstox
Equity Cash and F&O Yes
Currency Deravitives Yes
Commodity Yes
Online IPO Application Yes
Mutual Funds Yes
Bond / NCD No
ETF Yes
Banking No
Insurance No
Forex No
MF SIP Investment Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Upstox vs on Order Types

Order Type - Compare Upstox with 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) - Upstox provide Cover Orders (CO) where doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Upstox provide Bracket Orders (BO) where doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Upstox offers After Market Orders where doesn't offers AMO. GTC Orders- Upstox offers Good Till Cancelled (GTC) orders where doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Upstox with
Order Type Compare Upstox
CNC order Yes No
MIS order Yes No
NRML order Yes No
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes
GTC-Good Till Cancelled Yes
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Customer Service Offered

Compare Upstox vs on Customer Service

Compare Upstox with 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 Support - Compare Upstox with
Customer Service Compare Upstox
24/7 Customer Service Upstox vs  - 24x7 customer support No
Email Support Upstox vs  - Email Support Yes
Onine Live Chat Upstox vs  - Onine Live Chat Yes
Phone Support Upstox vs  - Phone Support Yes
Toll Free Number Upstox vs  - Toll Free Number No
Through Branches Upstox vs  - Through Branches Yes
Customer Care Number Upstox vs  - Customer Care Number +91 22 6130 9999
Account Opening Process Upstox vs  - Account Opening Process Online/Paperless
Customer Support Email Upstox vs  - Customer Support Email [email protected]
Knowledge Center/Education Upstox vs  - Knowledge Center/Education https://upstox.com/help-center/
Head Office Address Upstox vs  - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Upstox vs  - Company Website https://upstox.com/
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Tips/Research/Reports Published

Compare Upstox vs on Research Reports, Tips

Compare Upstox with on research reports and tips provided by the broker.

Research Reports - Compare Upstox with
  Upstox
Research Mutual Funds Upstox vs  - Research Mutual Funds No
Research Equity Reports Upstox vs  - Research Equity Reports No
Research ETF Upstox vs  - Research ETF No
Daily Market Report Upstox vs  - Daily Market Report No
Free Tips Upstox vs  - Free Tips No
Quarterly Result Analysis Upstox vs  - Quarterly Results No
News Alerts Upstox vs  - No
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Demat Account

Compare Upstox vs on Demat Account

Compare Upstox with 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 is 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 is .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

Demat Charges - Compare Upstox with
  Upstox
DP Source CDSL
DP ID Upstox vs  - DP ID 81800
Demat Account Annual Maintenance Charges(AMC) ₹300 PA
Advance Deposit NIL
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges
Demat ₹20 + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges ₹50
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare Upstox vs on Special Offers and Promotion

Compare Upstox with on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Upstox vs on Special Offers and Promotion
  Upstox
Pay In and Pay Out Options Upstox vs  - 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
Payout Time Upstox vs  - Payout Time Max 24 hrs except bank holidays
Bank Supported and Charges Upstox vs  - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Detail Review...

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