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 is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Zerodha Vs Upstox - Broker Details
| Zerodha | Upstox | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 120+ | Zero |
| Brokerage | ₹20/ Order or 0.03% | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
Zerodha Vs Upstox - Account Opening & AMC Charges
| Zerodha | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs Upstox - Brokerage charges & Plans
| Zerodha | Upstox | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Zerodha Vs Upstox - Other Charges
| Zerodha | Upstox | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | (₹50 + GST) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
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: 0.002% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.053% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | Non-Agri: Exchange turnover charge: 0.0026% |
| 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: 0.00345% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Zerodha Vs Upstox - Margin (Exposure)
| Zerodha | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |
|
|
Zerodha Vs Upstox - Review & Rating
| Zerodha | Upstox | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Request a call back from Broker
| Zerodha | Upstox | |
|---|---|---|
Zerodha Vs Upstox - Investment Options
| Zerodha | Upstox | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Zerodha Vs Upstox - Order Type
| Zerodha | Upstox | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Zerodha Vs Upstox - Research & Report
| Zerodha | Upstox | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Zerodha Vs Upstox - Daily Market Report
| Zerodha | Upstox | |
|---|---|---|
| Daily Market Reports & News |
|
|
Zerodha Vs Upstox - Suitable For Investor
| Zerodha | Upstox | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Zerodha Vs Upstox - Pros & Cons
| Zerodha | Upstox | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Zerodha Vs Upstox - Background
| Zerodha | Upstox | |
|---|---|---|
Zerodha Vs Upstox - Compare All Brokers
| Zerodha | Upstox | |
|---|---|---|
Zerodha Vs Upstox - STT/CTT
| Zerodha | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Zerodha Vs Upstox - Demat transaction charges
| Zerodha | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Zerodha Vs Upstox - GST
| Zerodha | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Zerodha Vs Upstox - SEBI Charges
| Zerodha | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Zerodha Vs Upstox - Account Opening & AMC Charges
Zerodha
Upstox
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Upstox
| Zerodha | Upstox | |
|---|---|---|
Zerodha Review 2024 |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
|
|
|
|
|
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Zerodha Vs Upstox - Brokerage charges & Plans
| Zerodha | Upstox | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Margin (Exposure)
| Zerodha | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Upstox - Other Charges
| Zerodha | Upstox | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | (₹50 + GST) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Zerodha Vs Upstox - STT/CTT
| Zerodha | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Zerodha Vs Upstox - Demat transaction charges
| Zerodha | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Zerodha Vs Upstox - GST
| Zerodha | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Zerodha Vs Upstox - SEBI Charges
| Zerodha | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |
|
|
| Call Back Open Account |