Zerodha Vs Upstox (Compare Zerodha and Upstox)
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 Vs Upstox
Zerodha
Upstox
Find more info about broker
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
Standard Plan
Upstox Basic
Broker Enquiry
Year of Incorporation
2010
2012
Number of Branches
22
4
Enquire Zerodha
Enquire Upstox
Zerodha Vs Upstox Charges
Zerodha
Upstox
Trading Account Opening Fees
₹200
₹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 Vs Upstox Brokerage
Brokerage Plan 1
Zerodha
Upstox
Account Type
Standard 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
Brokerage Plan 2
Zerodha
Upstox
Account Type
Standard 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
Other Charges
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 Vs Upstox Taxes
Zerodha
Upstox
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
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 Vs Upstox Transaction Charges
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%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹210
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
NSE ₹5500
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹150
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
₹6000
Commodity
Group A - ₹260 per Cr (0.0026%)
MCX ₹260/Cr
Zerodha Vs Upstox Exposure Margin
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 and Upstox Feature Comparison
Zerodha
Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Zerodha Vs Upstox Review
Zerodha
Upstox
356 Customer Reviews
58 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Zerodha is Rated 3.8 / 5 based on 356 customer reviews Upstox is Rated 2.6 / 5 based on 58 customer reviews
Zerodha Vs Upstox Investment Options
Zerodha
Upstox
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Upstox Customer Service
Zerodha
Upstox
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs Upstox Order Type Offered
Zerodha
Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs Upstox Research Report
Zerodha
Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs Upstox Suitable For Investor Type
Zerodha
Upstox
Casual Investor
Active Investor
Trader
Zerodha Vs Upstox - Advantages and Disadvantages
Zerodha
Upstox
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages...
Upstox basic plan offers brokerage free trading in Equity Delivery segment.
No brokerage for equity delivery trades.
Free trading software including mobile and web trading app.
Advance orders including AMO, CO and BO are available.
Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
AmiBroker connector available for Algo Trading.
Mutual Funds are available for investment.
Higher leverage is available under different brokerage plan.
More Advantages...
Cons
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹20 order.
Margin funding is not available.
GTC/GTD not available in Equity.
More Disadvantages...
No margin funding.
No equity 'good till cancelled' orders.
Unlimited monthly plans not available.
Additional fee for call & trader.
Additional fee for square off done by the broker.
Higher demat debit transaction charges.
Online IPO, FPO, Bonds and NCD's are not available.
No stock tips or recommendations.
Upstox doesn't offer NRI Trading and Demat Account.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trading Get 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 2019 Open 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.
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Zerodha
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