About 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 tra... 
About m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad...
Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2022, m.Stock is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Upstox | m.Stock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2012 | 2022 |
| Number of Branches | 0 | |
| Open Upstox Account |
Upstox trading account opening charges is Rs 0 (Free) while m.Stock account opening changes is Rs 0. Upstox Demat Account AMC Charges is Rs 300 (Free for 1st Year) and m.Stock Demat Account AMC Charges is ₹0 (Free).
| Upstox | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 300 (Free for 1st Year) | ₹0 (Free) |
Upstox Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order or 0.1% whichever islower whereas m.Stock brokerage charges for equity is ₹10 per order and Intraday is ₹10 per order.
| Account Type | Upstox Default | m.Stock |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | ₹10 per order |
| Equity Intraday | Rs 20 per executed order or 0.1% whichever islower | ₹10 per order |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | ₹10 per order |
| Equity Options | Rs 20 per executed order | ₹10 per order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | ₹10 per order |
| Currency Options | Rs 20 per executed order | ₹10 per order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Special Offer | Special Offer: Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | 0.05% | |
| Other Charges | Auto Square-off Charges: Rs 75 | MTF brokerage: ₹10 per order Auto Square off charges: ₹100 per order" |
| Call & Trade Charges | Rs 75 per trade | Rs 0 (Free) |
| Open Upstox Account |
Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Upstox | m.Stock | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Upstox Account |
The trading platforms offered Upstox include Upstox Pro Mobile App, Upstox Pro Web. m.Stock offers Mobile App & Web Platform trading software.
| Upstox | m.Stock | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Upstox Pro Mobile App, Upstox Pro Web | Mobile App & Web Platform |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Option strategy builder, Chart360 | Buyback Trading |
| Open Upstox Account |
Upstox is rated of 5 based on 150 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Upstox | m.Stock | |
|---|---|---|
150 Customer Reviews  | 3 Customer Reviews | |
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| Broker Rating | Upstox is Rated 2.4 / 5 based on 150 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| Upstox | m.Stock | |
|---|---|---|
| Contact Broker | Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Upstox | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Upstox | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Upstox | m.Stock | |
|---|---|---|
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| Promo / Offers | Upstox Special OfferTrade Smarter With Upstox
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Upstox Account |
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