Upstox Vs Zerodha
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
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Zerodha - Broker Details
Upstox | Zerodha | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2009 | 2010 |
Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
Branches | Zero | 120+ |
Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹20/ Order or 0.03% |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Account Opening & AMC Charges
Upstox | Zerodha | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹200 |
Demat Account Opening Charge | ₹0 (Free) | ₹200 |
Demat Account AMC | ₹0 (Free) | ₹300/Year + GST charged quarterly (90 days) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Brokerage charges & Plans
Upstox | Zerodha | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Zero Brokerage |
Equity Options | ₹20/ Order | ₹20/ Order |
Commodity Options | ₹20/ Order | ₹20/ Order or 0.03%(whichever is lower) |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Other Charges
Upstox | Zerodha | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹2000/ Month |
Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20 or 0.03% (whichever is lower) |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
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: 0.002% |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.00345% |
Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.053% (on premium) |
Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 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% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.00345% |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Margin (Exposure)
Upstox | Zerodha | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x(100% of NRML margins(SPAN + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Call Back Open Account | Call Back 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 | 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 | Equity Cash: 3:20 PM | Equity 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 | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Review & Rating
Upstox | Zerodha | |
---|---|---|
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 |
Upstox Vs Zerodha - Request a call back from Broker
Upstox | Zerodha | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Investment Options
Upstox | Zerodha | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Order Type
Upstox | Zerodha | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Research & Report
Upstox | Zerodha | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Daily Market Report
Upstox | Zerodha | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Suitable For Investor
Upstox | Zerodha | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Pros & Cons
Upstox | Zerodha | |
---|---|---|
Pros | 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. | 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. |
Cons | 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. | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Background
Upstox | Zerodha | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Compare All Brokers
Upstox | Zerodha | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - STT/CTT
Upstox | Zerodha | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
Equity Futures | 0.01% only on sell | 0.01% on sell side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Demat transaction charges
Upstox | Zerodha | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹13.5 + Gst per scrip (stock) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - GST
Upstox | Zerodha | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - SEBI Charges
Upstox | Zerodha | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Account Opening & AMC Charges
Upstox Vs Zerodha
Upstox | Zerodha | |
---|---|---|
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. |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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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 Vs Zerodha - Brokerage charges & Plans
Upstox | Zerodha | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | Zero Brokerage |
Equity Options | ₹20/ Order | ₹20/ Order |
Commodity Options | ₹20/ Order | ₹20/ Order or 0.03%(whichever is lower) |
Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Margin (Exposure)
Upstox | Zerodha | |
---|---|---|
Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x(100% of NRML margins(SPAN + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Call Back Open Account | Call Back Open Account |
Upstox Vs Zerodha - Other Charges
Upstox | Zerodha | |
---|---|---|
RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
API Charges | ₹0 (Free) | ₹2000/ Month |
Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20 or 0.03% (whichever is lower) |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account |
Upstox Vs Zerodha - STT/CTT
Upstox | Zerodha | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
Equity Futures | 0.01% only on sell | 0.01% on sell side |
Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Call Back Open Account |
Upstox Vs Zerodha - Demat transaction charges
Upstox | Zerodha | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹13.5 + Gst per scrip (stock) |
Call Back Open Account |
Upstox Vs Zerodha - GST
Upstox | Zerodha | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Call Back Open Account |
Upstox Vs Zerodha - SEBI Charges
Upstox | Zerodha | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Call Back 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 | 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 | Equity Cash: 3:20 PM | Equity 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 | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |