Zerodha Vs Upstox
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
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 Vs Upstox - Broker Details
Zerodha | Upstox | |
---|---|---|
Single Margin Facility |
![]() |
NO |
Year of Incorporation | 2010 | 2012 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
Branches | 70 | 45 |
Brokerage | 20 Rs/Order | Rs.20/Order or 0.05% |
Broker Type | Discount Broker | Discount Broker |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Account Opening & AMC Charges
Zerodha | Upstox | |
---|---|---|
Trading Account Opening Charge | Rs. 300 in all segment | Rs.249 |
Demat Account Opening Charge | Rs. 300 in all segment | ₹0 (Free) |
Demat Account AMC | Rs. 300 + 18% GST | Rs.300/yearly |
Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Brokerage charges & Plans
Zerodha | Upstox | |
---|---|---|
Commodity Futures | 0.03% or Rs.20/executed whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | Zero brokerage | Zero brokerage |
Equity Options | Flat Rs. 20/ Executed order | Flat Rs. 20 per executed order. |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Flat Rs. 20 per executed order. |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Flat Rs. 20 per executed order. |
Fixed Charges | Rs. 20/Order | Rs. 20/Order |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Other Charges
Zerodha | Upstox | |
---|---|---|
RMS Square Off Charge | Rs.50/Order | Rs. 20 per order+ GST |
API Charges | Rs. 2000/Month | ₹ 750 * per month |
Call & Trade Charges | Rs. 50 per order | Rs. 20 per order+ GST |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | Rs.20/Order or 0.05% |
Minimum Brokerage | Rs.20/Order | Rs.20/order |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Transaction Charges
Zerodha | Upstox | |
---|---|---|
Currency Options | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% | NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | NSE: Exchange txn charge: 0.002% | NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% |
Equity Intraday | NSE: 0.00345% BSE; 0.003% | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Equity Options | NSE: Exchange txn charge: 0.053% (on premium) | NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% |
Commodity | 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% | Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% |
Currency Futures | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022% | NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004% |
Equity Delivery | NSE: 0.00345% BSE; 0.003% | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Margin (Exposure)
Zerodha | Upstox | |
---|---|---|
Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Option Sell: Basic: 3x | Priority: 4x | |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Upto 2.5 times | Basic: 3x | Priority: 4x |
Commodity Options | Upto 2.5 times | 2 times |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
50% of the VaR+ ELM +Adhoc mandated by the exchange | Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | |
Equity Delivery | 1x (no margin) | No extra margins provided |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | Basic:3x | Priority:4x | |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Features
Zerodha | Upstox | |
---|---|---|
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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 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. |
SMS Alerts for Trades |
![]() |
![]() |
Direct Mutual Fund |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Review & Rating
Zerodha | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Zerodha is rated 3.7 of 5 | Upstox is rated 3.9 of 5 |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Request a call back from Broker
Zerodha | Upstox | |
---|---|---|
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Investment Options
Zerodha | Upstox | |
---|---|---|
Currency |
![]() |
![]() |
IPO |
![]() |
![]() |
Commodity |
![]() |
![]() |
Debt |
![]() |
![]() |
Other Options |
![]() |
![]() |
Stock Cash / Equity |
![]() |
![]() |
Mutual Funds |
![]() |
![]() |
Bond / NCD |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Order Type
Zerodha | Upstox | |
---|---|---|
Bracket Order/BO/OCO |
![]() |
![]() |
BTST |
![]() |
![]() |
Cover Order/CO |
![]() |
![]() |
Good Till Cancelled (GTC) |
![]() |
![]() |
BUY ABOVE/SELL BELOW |
![]() |
![]() |
After Market Order(AMO) |
![]() |
![]() |
STBT |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Research & Report
Zerodha | Upstox | |
---|---|---|
Free Tips |
![]() |
![]() |
Quarterly Result Analysis |
![]() |
![]() |
Daily Market Report |
![]() |
![]() |
News Alerts |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Daily Market Report
Zerodha | Upstox | |
---|---|---|
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Suitable For Investor
Zerodha | Upstox | |
---|---|---|
Casual Investor |
![]() |
![]() |
Active Investor |
![]() |
![]() |
Trader |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Pros & Cons
Zerodha | Upstox | |
---|---|---|
Pros | 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. | • 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. |
Cons | 1. It does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment | • 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. |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Background
Zerodha | Upstox | |
---|---|---|
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Compare All Brokers
Zerodha | Upstox | |
---|---|---|
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Account Opening & AMC Charges
Zerodha Vs Upstox
Zerodha | Upstox | |
---|---|---|
Zerodha NRI Account Opening and ReviewZerodha 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 .. + " Vs "+ Upstox |
Upstox NRI Account OpeningUpstox 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 |
|
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 Vs Upstox - Brokerage charges & Plans
Zerodha | Upstox | |
---|---|---|
Commodity Futures | 0.03% or Rs.20/executed whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | Zero brokerage | Zero brokerage |
Equity Options | Flat Rs. 20/ Executed order | Flat Rs. 20 per executed order. |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Flat Rs. 20 per executed order. |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Flat Rs. 20 per executed order. |
Fixed Charges | Rs. 20/Order | Rs. 20/Order |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Margin (Exposure)
Zerodha | Upstox | |
---|---|---|
Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Option Sell: Basic: 3x | Priority: 4x | |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Upto 2.5 times | Basic: 3x | Priority: 4x |
Commodity Options | Upto 2.5 times | 2 times |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
50% of the VaR+ ELM +Adhoc mandated by the exchange | Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | |
Equity Delivery | 1x (no margin) | No extra margins provided |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | Basic:3x | Priority:4x | |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Other Charges
Zerodha | Upstox | |
---|---|---|
RMS Square Off Charge | Rs.50/Order | Rs. 20 per order+ GST |
API Charges | Rs. 2000/Month | ₹ 750 * per month |
Call & Trade Charges | Rs. 50 per order | Rs. 20 per order+ GST |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | Rs.20/Order or 0.05% |
Minimum Brokerage | Rs.20/Order | Rs.20/order |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |
Zerodha Vs Upstox - Features
Zerodha | Upstox | |
---|---|---|
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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 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. |
SMS Alerts for Trades |
![]() |
![]() |
Direct Mutual Fund |
![]() |
![]() |
Enquiry with Zerodha Open Account | Enquiry with Upstox Open Account |