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

Comparision (Zerodha VS Upstox)

Zerodha Vs Upstox

Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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
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)

Zerodha Vs Upstox

Zerodha Upstox
 

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 ..
+ " Vs "+ Upstox

Upstox NRI Account Opening, Charges, Services Review

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
 
 

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