IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Upstox VS Zerodha)

Upstox Vs Zerodha

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account

Upstox Vs Zerodha - Broker Details

Upstox Zerodha
Single Margin Facility NO
Year of Incorporation 2012 2010
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches 45 70
Brokerage Rs.20/Order or 0.05% 20 Rs/Order
Broker Type Discount Broker Discount Broker
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Upstox Vs Zerodha - Account Opening & AMC Charges

Upstox Zerodha
Trading Account Opening Charge Rs.249 Rs. 300 in all segment
Demat Account Opening Charge ₹0 (Free) Rs. 300 in all segment
Demat Account AMC Rs.300/yearly Rs. 300 + 18% GST
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Upstox Vs Zerodha - Brokerage charges & Plans

Upstox Zerodha
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed whichever is lower
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs. 20/executed order whichever is lower
Equity Delivery Zero brokerage Zero brokerage
Equity Options Flat Rs. 20 per executed order. Flat Rs. 20/ Executed order
Commodity Options Flat Rs. 20 per executed order. 0.03% or Rs.20/executed whichever is lower
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed order whichever is lower
Currency Options Flat Rs. 20 per executed order. 0.03% or Rs. 20/executed order whichever is lower
Fixed Charges Rs. 20/Order Rs. 20/Order
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed order whichever is lower
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Upstox Vs Zerodha - Other Charges

Upstox Zerodha
RMS Square Off Charge Rs. 20 per order+ GST Rs.50/Order
API Charges ₹ 750 * per month Rs. 2000/Month
Call & Trade Charges Rs. 20 per order+ GST Rs. 50 per order
Other Brokerage Charges Rs.20/Order or 0.05% Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS
Minimum Brokerage Rs.20/order Rs.20/Order
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Upstox Vs Zerodha - Transaction Charges

Upstox Zerodha
Currency Options NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001%
Equity Futures NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% NSE: Exchange txn charge: 0.002%
Equity Intraday NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: 0.00345% BSE; 0.003%
Equity Options NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% NSE: Exchange txn charge: 0.053% (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% Group A Exchange txn charges: 0.0026% *Far-month contracts: 0.0013% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0005% PEPPER – 0.00005% REDPMOLEIN – 0.001%
Currency Futures NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004% NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022%
Equity Delivery NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: 0.00345% BSE; 0.003%
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Upstox Vs Zerodha - Margin (Exposure)

Upstox Zerodha
Equity Options Option Sell: Basic: 3x | Priority: 4x | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange
Currency Options Basic: 3x | Priority: 4x Upto 2.5 times
Commodity Options 2 times Upto 2.5 times
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins)
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x 50% of the VaR+ ELM +Adhoc mandated by the exchange
Equity Delivery No extra margins provided 1x (no margin)
Currency Futures Basic:3x | Priority:4x | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins)
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
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Upstox Vs Zerodha - Features

Upstox Zerodha
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator. Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Zerodha - Review & Rating

Upstox Zerodha
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Upstox is rated 3.9 of 5 Zerodha is rated 3.7 of 5
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Upstox Vs Zerodha - Request a call back from Broker

Upstox Zerodha
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Upstox Vs Zerodha - Investment Options

Upstox Zerodha
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Upstox Vs Zerodha - Order Type

Upstox Zerodha
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Upstox Vs Zerodha - Research & Report

Upstox Zerodha
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Upstox Vs Zerodha - Daily Market Report

Upstox Zerodha
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Upstox Vs Zerodha - Suitable For Investor

Upstox Zerodha
Casual Investor
Active Investor
Trader
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Upstox Vs Zerodha - Pros & Cons

Upstox Zerodha
Pros • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package. 1. It charges zero brokerage for Delivery. 2. It provides same pricing structure for across all the exchanges. 3. It charges no upfront fee or turnover commitment. 4. It provides Z-Connect, Interactive blog, and portal for all the other queries. 5. It requires no minimum balance to open a trading account with Zerodha. 6. It provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers.
Cons • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades. 1. It does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment
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Upstox Vs Zerodha - Background

Upstox Zerodha
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Upstox Vs Zerodha - Compare All Brokers

Upstox Zerodha
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Upstox Vs Zerodha - Account Opening & AMC Charges

Upstox
Zerodha
Trading Account Opening Charge
Rs.249
Rs. 300 in all segment
Demat Account Opening Charge
₹0 (Free)
Rs. 300 in all segment
Demat Account AMC
Rs.300/yearly
Rs. 300 + 18% GST
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Upstox Vs Zerodha

Upstox Zerodha
 

Upstox NRI Account Opening

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
+ " Vs "+ Zerodha

Zerodha NRI Account Opening and Review

Zerodha is the biggest stock broker in India in terms of the highest active clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their ..
 
 

Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account

Upstox Vs Zerodha - Brokerage charges & Plans

Upstox Zerodha
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed whichever is lower
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs. 20/executed order whichever is lower
Equity Delivery Zero brokerage Zero brokerage
Equity Options Flat Rs. 20 per executed order. Flat Rs. 20/ Executed order
Commodity Options Flat Rs. 20 per executed order. 0.03% or Rs.20/executed whichever is lower
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed order whichever is lower
Currency Options Flat Rs. 20 per executed order. 0.03% or Rs. 20/executed order whichever is lower
Fixed Charges Rs. 20/Order Rs. 20/Order
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.03% or Rs.20/executed order whichever is lower
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Upstox Vs Zerodha - Margin (Exposure)

Upstox Zerodha
Equity Options Option Sell: Basic: 3x | Priority: 4x | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange
Currency Options Basic: 3x | Priority: 4x Upto 2.5 times
Commodity Options 2 times Upto 2.5 times
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins)
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x 50% of the VaR+ ELM +Adhoc mandated by the exchange
Equity Delivery No extra margins provided 1x (no margin)
Currency Futures Basic:3x | Priority:4x | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins)
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
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Upstox Vs Zerodha - Other Charges

Upstox Zerodha
RMS Square Off Charge Rs. 20 per order+ GST Rs.50/Order
API Charges ₹ 750 * per month Rs. 2000/Month
Call & Trade Charges Rs. 20 per order+ GST Rs. 50 per order
Other Brokerage Charges Rs.20/Order or 0.05% Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS
Minimum Brokerage Rs.20/order Rs.20/Order
Enquiry with Upstox   Open Account Enquiry with Zerodha   Open Account

Upstox Vs Zerodha - Features

Upstox Zerodha
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator. Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile
SMS Alerts for Trades
Direct Mutual Fund
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