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The side-by-side comparison of Zerodha and Upstox. Compare Zerodha Vs Upstox brokerage, charges, exposure margin, demat account. Read Upstox and Zerodha review.
Find out Zerodha Vs Upstox which is better and Zerodha Vs Upstox which is best.
Our Zerodha comparison with Upstox highlights the major differences between two brokers. Find the best between Zerodha and Upstox.
| Zerodha | Upstox | |
|---|---|---|
| Find more info about broker | ||
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| About the Broker | Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...  |
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 ... |
| Type of Broker | Discount Broker | Discount Broker |
| Supported Exchnage | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
| Account Type | Flat Brokerage Plan | Upstox Basic |
| Broker Enquiry |
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| Year of Incorporation | 2010 | 2012 |
| Number of Branches | 22 | 4 |
| Enquire Zerodha | Enquire Upstox |
| Zerodha | Upstox | |
|---|---|---|
| Trading Account Opening Fees | ₹200 (Trading +Demat) | ₹150 (Eq and F&O), ₹150 (MCX) |
| Trading Account AMC | ₹0 (Free) | ₹0 |
| Demat Account Opening Fees | ₹100 | ₹0 |
| Demat Account AMC | ₹300 | ₹150 |
| Demat Account is Mandatory? | No | No |
| Zerodha | Upstox | |
|---|---|---|
| Account Type | Flat Brokerage Plan | Upstox Basic |
| Fixed Charges | ||
| Equity Delivery Brokerage | ₹0 (Free) | ₹0 (Free) |
| Equity Intraday Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Equity Futures Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Equity Options Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Currency Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Currency Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Commodity Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Commodity Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order |
| Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer |
Special Offer: FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer |
| Zerodha | Upstox | |
|---|---|---|
| Account Type | Flat Brokerage Plan | Upstox Priority |
| Fixed Charges | ||
| Equity Delivery Brokerage | ₹0 (Free) | ₹0 |
| Equity Intraday Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Equity Futures Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Equity Options Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Currency Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Currency Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Commodity Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Commodity Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹30 per executed order |
| Minimum Brokerage Charges | ₹0 | ₹0 |
| Other Brokerage Charges | Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS | |
| Call & Trade Charges | ₹20 per executed order | ₹20 per trade |
| Zerodha | Upstox | |||||||||||||||
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| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check table below | |||||||||||||||
| SEBI Charges | Rs 15 per Crore | |||||||||||||||
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | |||||||||||||||
| Stamp Duty | Charged as per the state of the client's correspondence address. | |||||||||||||||
| Zerodha | Upstox | |
|---|---|---|
| Equity Delivery | NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) | NSE ₹325 | BSE ₹275 |
| Equity Intraday | NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) | NSE ₹325 | BSE ₹275 |
| Equity Futures | NSE ₹190 per Cr (0.0019%) | NSE ₹210 |
| Equity Options | NSE ₹5000 per Cr (0.05%) | NSE ₹5500 |
| Currency Futures | NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) | ₹150 |
| Currency Options | NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium) | ₹6000 |
| Commodity | Group A - ₹260 per Cr (0.0026%) | MCX ₹260/Cr |
| Zerodha | Upstox | |
|---|---|---|
| Equity Delivery | 1x (no margin) | 2.5x |
| Equity Intraday | Up to 20x (based on the stock) | Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
| Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
| Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
| Commodity Options |
| Zerodha | Upstox | |
|---|---|---|
| 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 | Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:10 PM | 3:15 PM |
| Other Features | Direct Mutual Funds, APIs | Option strategy builder |
| Referral Program | |
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| Zerodha | Upstox | |
|---|---|---|
363 Customer Reviews  |
63 Customer Reviews |
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| Overall Ratings |  |
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| Broker Rating | Zerodha is Rated 3.7 / 5 based on 363 customer reviews | Upstox is Rated 2.5 / 5 based on 63 customer reviews |
| Zerodha Enquire | Upstox Enquire | |
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| Contact Broker |
| Zerodha | Upstox | |
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| Zerodha | Upstox | |
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| 24/7 Customer Service | |
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| Onine Live Chat | |
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| Through Branches | |
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| Zerodha | Upstox | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Zerodha | Upstox | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Zerodha | Upstox | |
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| Zerodha | Upstox | |
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| Reviews | ||
| Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order. Request Callback |
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