Compare Upstox Vs Zerodha

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4.5 out of 5.

Here we present 1 on 1 comparison of Upstox vs Zerodha share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Upstox vs Zerodha's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features, margin/leverage, demat account and investment options provided to Indian financial market.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare Upstox vs Zerodha on Service

  Upstox Logo
Upstox
Zerodha Logo
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE, MCX-SX and MCX
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market. With high-class technology, unique trading tools and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inve...Know more about Zerodha
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Upstox vs Zerodha on Brokerage & Demat Account Opening Charges

  Upstox Zerodha
Trading Account Opening Fees Upstox vs Zerodha - Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Rs 200
Trading AMC Upstox vs Zerodha - Trading Account AMC Free Free
Demat Account Opening Fees Upstox vs Zerodha - Demat Account Opening Fees Rs 150 Rs 100
Demat AMC Upstox vs Zerodha - Demat Account AMC Rs 150 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Upstox vs Zerodha - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare Upstox vs Zerodha on Plan Options

  Upstox Zerodha
Multiple Plans What is this parameter? Yes No
Monthly Plans Upstox vs Zerodha - Monthly Brokerage Plan No No
Yearly Plans Upstox vs Zerodha - Yearly Brokerage Plan No No
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Contact Broker / Request A Call Back

Contact Broker

  Upstox Zerodha
Contact / Request Call Back
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Brokerage Charges

Compare Upstox vs Zerodha on Brokerage Charges

  Upstox Zerodha
Plan Name Upstox vs Zerodha - Max Rs 20 Per Order Plan Max Rs 20 Per Order Plan
Plan Description Upstox vs Zerodha - Equity Delivery Free and Rs 20 Per executable order for others

20 Rs flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. 20 Rs is Maximum you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower. Now Equity Delivery is Free with Zerodha.

Equity Delivery Upstox vs Zerodha - Cash Delivery Brokerage Free Free
Equity Intraday Upstox vs Zerodha - Cash Intraday Brokerage 0.01% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Futures Upstox vs Zerodha - F&O Segment - Futures Brokerage Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Equity Options Upstox vs Zerodha - F&O Segment - Options Brokerage Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Upstox vs Zerodha - Currency Futures Trading Brokerage Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Currency Options Upstox vs Zerodha - Currency Options Trading Brokerage Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Upstox vs Zerodha - Commodity Trading Brokerage Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage Upstox vs Zerodha - NIL
Hidden Charges Upstox vs Zerodha - Hidden Charges Info Not Available Info Not Available
Funding Upstox vs Zerodha - Funding Interest Info Not Available Info Not Available
Call & Trade Charges Upstox vs Zerodha - Call & Trade Charges Rs 20 Per Executable Order Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Zerodha
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Upstox vs Zerodha on Transaction Charges

  Upstox Zerodha
Equity Delivery Upstox vs Zerodha - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Upstox vs Zerodha - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Upstox vs Zerodha - Equity Futures Transaction Charges Rs 210 Per Cr Rs 190 Per Cr
Equity Options Upstox vs Zerodha - Equity Options Transaction Charges Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Upstox vs Zerodha - Rs 150 Per Cr Rs 135 Per Cr
Currency Options Upstox vs Zerodha - Rs 6000 Per Cr Rs 4400 Per Cr
Commodity Upstox vs Zerodha - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for zerodha
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Account Features

Compare Upstox vs Zerodha on Account Features

  Upstox Zerodha
3 in 1 Account Upstox vs Zerodha - Account Type? No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account.
Charting Upstox vs Zerodha - Advance Charting Yes Yes
Algo Trading Upstox vs Zerodha - Algo Trading Yes Yes
SMS Alerts Upstox vs Zerodha - SMS Alerts Yes No
Online Demo Upstox vs Zerodha - Online Demo Yes Yes
Online Portfolio Upstox vs Zerodha - Portfolio Service Yes Yes
Margin Trading Funding Available Upstox vs Zerodha - Margin Funding No No
Combined Ledger for Equity and Commodity Upstox vs Zerodha - Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time Upstox vs Zerodha - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Upstox vs Zerodha - NRI Trading Yes Yes
Other Features Upstox vs Zerodha -
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Trading Platform

Compare Upstox vs Zerodha on Trading Platform

  Upstox Zerodha
Desktop Trading Platform Upstox vs Zerodha - Trading terminal DartStock/Nest Trader/Fox Trader Zerodha PI
Desktop Demo Upstox vs Zerodha - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Upstox vs Zerodha - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Upstox vs Zerodha - MAC Trading Terminal No No
Web Trading Platform Upstox vs Zerodha - Web Trading Platform Yes Yes
Web Trading Detail Upstox vs Zerodha - Trading Website https://pro.upstox.com/ https://kite.zerodha.com/
Web Trading Demo Upstox vs Zerodha - Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Upstox vs Zerodha - Trading Site for Mobile Yes Yes
Mobile Trading Upstox vs Zerodha - Mobile App Yes Yes
Mobile Trading App Upstox vs Zerodha - Name Of Mobile App Upstox Zerodha Kite
Mobile Trading App Demo Upstox vs Zerodha - Name Of Mobile App Upstox Demo Zerodha Kite Demo
Android Mobile App Upstox vs Zerodha - Android Mobile App Yes Yes
Android App Download Upstox vs Zerodha - Mobile App Download Andriod Upstox Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) Upstox vs Zerodha - Yes Yes
iOS App Download Upstox vs Zerodha - Mobile App Download iOS Upstox Download iOS Zerodha Kite Download
Android Tablet App Upstox vs Zerodha - Android Tablet App Yes Yes
iPad App (IOS) Upstox vs Zerodha - Yes Yes
Trading Software Charges Upstox vs Zerodha - Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Upstox vs Zerodha on User Rating

  Upstox Zerodha
  8 Customer Reviews    Rate Upstox 154 Customer Reviews    Rate Zerodha
Fees Ratings 3.3 4.0
Trading Brokerage Rating 3.8 4.5
Trading Platform Usability 3.3 3.7
Customer Service Ratings 3.1 3.8
Overall Ratings Rated 3.3 stars Rated 3.9 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Zerodha is Rated 3.9 / 5 based on 154 customer reviews
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Investment Offerings

Compare Upstox vs Zerodha on Investment Offerings

  Upstox Zerodha
Equity Cash and F&O Upstox vs Zerodha - Equity and Equity derivatives Yes Yes
Currency Deravitives Upstox vs Zerodha - Currency Trading Yes Yes
Commodity Upstox vs Zerodha - Commodity Trading Yes Yes
Online IPO Application Upstox vs Zerodha - Online IPO Investment No No
Mutual Funds Upstox vs Zerodha - Online Mutual Funds Investment Yes Yes
Bond / NCD Upstox vs Zerodha - Bonds and NCD No No
ETF Upstox vs Zerodha - ETF Yes Yes
Banking Upstox vs Zerodha - Banking Service No No
Insurance Upstox vs Zerodha - Insurance Service No No
Forex Upstox vs Zerodha - Forex Trading No No
MF SIP Investment Upstox vs Zerodha - Mutual Fund SIP No No
Equity SIP Investment Upstox vs Zerodha - Equity SIP No No
PMS Service Upstox vs Zerodha - Portfolio Management Services (PMS) No No
Algo Trading Upstox vs Zerodha - Algo Trading Yes Yes
Other Investment Options Upstox vs Zerodha -
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Order Types

Compare Upstox vs Zerodha on Order Types

  Upstox Zerodha
CNC Ordre Upstox vs Zerodha - CNC Order Yes Yes
MIS Ordre Upstox vs Zerodha - MIS Order Yes Yes
NRML Ordre Upstox vs Zerodha - NRML Order Yes Yes
Cover Ordre Upstox vs Zerodha - Cover Order Yes Yes
Bracket Ordre Upstox vs Zerodha - Bracket Order Yes Yes
AMO-After Market Orders Upstox vs Zerodha - After market Orders Yes Yes
GTC-Good Till Cancelled Upstox vs Zerodha - GTC Orders No No
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Margin/Leverage

Compare Upstox vs Zerodha on Margin/Leverage

  Upstox Zerodha
Equity Delivery Margin Upstox vs Zerodha - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Delivery margin.
Equity Intraday Margin Upstox vs Zerodha - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Up to 12.5x margin for Intraday leverage for equity.
Futures Margin Upstox vs Zerodha - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Up to 2x leverage for future.
Options Margin Upstox vs Zerodha - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Up to 2x margin for options shorting, no leverage for option buying.
Equity CO Margin Upstox vs Zerodha - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Up to 20.8x margin/leverage in equity CO order for selected equity scripts.
Futures CO Margin Upstox vs Zerodha - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Up to 33x margin/leverage (of complete order) in CO order for future contracts.
Options CO Margin Upstox vs Zerodha - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY.
Commodity Margin Upstox vs Zerodha - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Upstox vs Zerodha on Customer Service Offerance

  Upstox Zerodha
24/7 Customer Service Upstox vs Zerodha - 24x7 customer support No No
Email Support Upstox vs Zerodha - Email Support Yes Yes
Onine Live Chat Upstox vs Zerodha - Onine Live Chat Yes No
Phone Support Upstox vs Zerodha - Phone Support Yes Yes
Toll Free Number Upstox vs Zerodha - Toll Free Number No No
Through Branches Upstox vs Zerodha - Through Branches Yes Yes
Customer Care Number Upstox vs Zerodha - Customer Care Number +91 22 6130 9999 "+ 91 80 4040 2020"
Account Opening Process Upstox vs Zerodha - Account Opening Process paperless paperless
Customer Support Email Upstox vs Zerodha - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs Zerodha - Knowledge Center/Education https://upstox.com/help-center/ https://support.zerodha.com/
Head Office Address Upstox vs Zerodha - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website Upstox vs Zerodha - Company Website https://upstox.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Upstox vs Zerodha on Research Reports, Tips

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

Compare Upstox vs Zerodha on Demat Account

  Upstox Zerodha
DP Source CDSL CDSL
DP ID Upstox vs Zerodha - DP ID 81800 81600
Demat Account Annual Maintenance Charges(AMC) Rs. 300/- per annum. 300 - Individual 1000 - Non Individual
Advance Deposit NIL Nil
Statutory charges NIL Rs.50/- (POA Charges)
Transaction Charges on Debit (Per ISIN) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip. On market: Rs.8+5.5 (CDSL charges) Off market: 0.03% of Rs.25 whichever is higher
Demat Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms. 150 per certificate + Rs.100 courier charges
Remat Rs. 25/- per certificate or 0.05% of the value whichever is higher. 150 per certificate + Rs.150 courier charges + CDSL charges
Pledge Creation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs.20 + Rs.12 per request (CDSL charges)
Pledge Creation Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Nil
Pledge Closure 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Rs.20 + Rs.12 per request (CDSL charges)
Pledge Closure Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. Nil
Pledge Invocation 0.05% of the transaction charges subject to a minimum of Rs. 50/- Rs.20
Failed Instruction Charges Rs. 50/- per transaction. Rs.50 per instruction
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers. Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Zerodha on Special Offers and Promotion

  Upstox Zerodha
Pay In and Pay Out Options Upstox vs Zerodha - 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upstox vs Zerodha - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Upstox vs Zerodha - 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 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Likes
  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

More Advantages...

  • Strong customer support.
  • User-friendly Brokerage and margin calculators.
  • Free,online,open to all education module covering all the topics related to trading called Varsity.
  • Active trading forum called trading q&a.
  • Online account opening linked with your AAdhar card.

More Advantages...

Dislikes
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

More Disadvantages...

  • Doesn't have monthly plans.
  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • More Disadvantages...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire about Upstox Enquire about Zerodha






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