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 |
Call Back Open Account | Call Back Open Account |
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) |
Call Back Open Account | Call Back Open Account |
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 - 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 |
Call Back Open Account | Call Back 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: 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 |
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 | Call Back 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 | 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 | Call Back 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 | ||
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Request a call back from Broker
Zerodha | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Investment Options
Zerodha | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back 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 (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Research & Report
Zerodha | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Daily Market Report
Zerodha | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Suitable For Investor
Zerodha | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
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. |
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Background
Zerodha | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Compare All Brokers
Zerodha | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
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 |
Call Back Open Account | Call Back Open Account |
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 |
Call Back Open Account | Call Back Open Account |
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) |
Call Back Open Account | Call Back Open Account |
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 |
Call Back Open Account | Call Back Open Account |
Zerodha Vs Upstox - Account Opening & AMC Charges
Zerodha Vs Upstox
Zerodha | Upstox | |
---|---|---|
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.. |
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. |
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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 | 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 |
Call Back Open Account |
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 |
Call Back Open Account |
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 |
Call Back Open Account |
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) |
Call Back Open Account |
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 |
Call Back 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 | 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 | Call Back Open Account |