We’re going to talk about the advantages and disadvantages of ZERODHA and UPSTOX.
ZERODHA is a trading platform that offers users access to real-time market data, advanced technical analysis tools, and a variety of other features. The primary benefit of using this app is that it allows you to trade directly from your mobile device, which means you don’t have to sit in front of your computer all day long. Additionally, Zerodha offers both live chat support and 24/7 phone support for all its users.
UPSTOX is another online trading platform. It offers users access to real-time market data and advanced technical analysis tools, as well as a variety of other features. The primary benefit of using this app is that it allows you to trade directly from your mobile device, which means you don’t have to sit in front of your computer all day long. Additionally, Upstox offers both live chat support and 24/7 phone support for all its users.
Right here on Quyasoft you are privy to a litany of relevant information on Zerodha Vs Upstox: Which one is better, Zerodha Vs Upstox (Compare Zerodha and Upstox), Zerodha Vs Upstox Charges & AMC and so much more. Take out time to surf through our catalog for more information on related topics. You don’t want to miss this!
Zerodha Vs Upstox (Compare Zerodha and Upstox)
Zerodha
Zerodha is India’s No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Zerodh…
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 trading platform offers trading, analysis, charting and many more rich trading features.
Zerodha Vs Upstox
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Zerodha | Upstox | |
|---|---|---|
Type of Broker  | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2012 |
| Number of Branches | 22 | 4 |
| Open Zerodha Account | Open Upstox Account |
Zerodha Vs Upstox Charges & AMC
Zerodha trading account opening charges is Rs 200 while Upstox account opening changes is Rs 249. Zerodha Demat Account AMC Charges is Rs 300 and Upstox Demat Account AMC Charges is Rs 0 (Free).
| Zerodha | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 200 | Rs 249 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 0 (Free) |
Zerodha Vs Upstox Brokerage
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Zerodha Flat Brokerage Plan | Upstox Default |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Special Offer | 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 online with Zerodha and start trading today. | Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha Charges Vs Upstox
| Minimum Brokerage | 0.03% in Intraday and F&O | 0.05% |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | Auto Square-off Charges: Rs 50 |
| Call & Trade Charges | Rs 50 per executed order | Rs 20 per trade |
Zerodha Vs Upstox Transaction Charges
Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
| Zerodha | Upstox | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | NSE Rs 200 per Cr (0.002%) | NSE Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) |
| Commodity | Group A – Rs 260 per Cr (0.0026%) | Group A – Rs 290 per Cr (0.0029%) |
| Open Zerodha Account | Open Upstox Account |
Zerodha Vs Upstox Leverage (Margin)
Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Zerodha | Upstox | |
|---|---|---|
| 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 Zerodha Account | Open Upstox Account |
Zerodha Vs Upstox: Which one is better?
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4.5 out of 5. Number of active customer for Zerodha is 66,04,055 where number of active customer for Upstox is 41,58,649. Zerodha is serving more customer compare to Upstox.
Here we present side-by-side comparison of Zerodha vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Zerodha vs Upstox’s on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Zerodha vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Zerodha vs Upstox’s on
- Brokerage plans
- Plan types
- Customer Service
- Maintenance fees
- AMC
- Trading Platforms
- Rating
- Reviews
- Mobile App
- Margin/Leverage/Exposure
- Demat Account
- Investment Options
- And many more attributes
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.