The side-by-side comparison of Upstox and Groww. Compare Upstox Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs Groww?
Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
Upstox trading account opening charges is Rs 249 while Groww account opening changes is Rs 0. Upstox Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.
Upstox | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 249 | Rs 0 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 0 |
Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
Upstox | Groww | |
---|---|---|
Account Type | Upstox Basic | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order or 0.05% whichever is lower | NA |
Currency Options Trading Brokerage | Rs 20 per executed order | NA |
Commodity Futures Trading Brokerage | Rs 20 per executed order or 0.05% whichever is lower | NA |
Commodity Options Trading Brokerage | Rs 20 per executed order | NA |
Special Offer | Special Offer: 30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer |
Upstox | Groww | |
---|---|---|
Account Type | Upstox Priority (Higher Margin) | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 30 per executed order or 0.10% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 30 per executed order or 0.10% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 30 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 30 per executed order or 0.10% whichever is lower | NA |
Currency Options Trading Brokerage | Rs 30 per executed order | NA |
Commodity Futures Trading Brokerage | Rs 30 per executed order or 0.10% whichever is lower | NA |
Commodity Options Trading Brokerage | Rs 30 per executed order | NA |
Minimum Brokerage Charges | 0.05% | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
Call & Trade Charges | Rs 20 per trade | NA |
Upstox transaction charges for options is NSE Rs 5500 per Cr (0.055%) (on premium) while Groww exchange transaction charges for options is NA.
Upstox | Groww | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | NSE Rs 210 per Cr (0.0021%) | NA |
Equity Options | NSE Rs 5500 per Cr (0.055%) (on premium) | NA |
Currency Futures | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) | NA |
Currency Options | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) | NA |
Commodity | Group A - Rs 290 per Cr (0.0029%) | NA |
Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
Upstox | Groww | |
---|---|---|
Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x | Up to 8x (based on the stock) |
Equity Futures | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x | NA |
Equity Options | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x | NA |
Currency Futures | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x | NA |
Currency Options | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x | NA |
Commodity Futures | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x | NA |
Commodity Options | NA |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Groww offers Groww trading software.
Upstox | Groww | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | Groww |
Intraday Square-off Time | 3:15 PM | 3:10 PM |
Other Features | Option strategy builder | |
Referral Program | ![]() |
Upstox is rated 2.5 of 5 based on 100 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
Upstox | Groww | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Get 30 Days Unlimited TradingJoin over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order. Request Callback |
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