Zerodha Vs Upstox Demat Account Comparison

Zerodha is a Bangalore based discount stock broker offering flat ₹20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

₹50 (Stamp charges payable upfront)

Rs 150

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

Rs 150

₹0

Nil

₹150 per certificate (+ ₹100 Courier charges)

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

₹150 per certificate + CDSL charges + ₹100 Courier charges

Rs 25 per certificate or 0.05% of the value whichever is higher.

• Market Trades: ₹8 + ₹5.5 (CDSL charges)
• Off-Market Trades: 0.03% of ₹25 whichever is higher

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

₹20 + ₹12 per request (CDSL charges)

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

₹0

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

₹20

0.05% of the transaction charges subject to a minimum of Rs 50

₹50 per ISIN

Rs 50 per transaction

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.