Zerodha Vs Upstox Vs Achiievers Equities Discount Share Broker Comparison

Zerodha Vs Upstox Vs Achiievers share broker comparison

Zerodha Vs Upstox Vs Achiievers Equities comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

Zerodha Introduction.

Zerodha is a India’s no.1 stock broker with more than 8,50,0000 + active customers. Just started in 2010 and Zerodha is suitable for all types of traders & investors, it leads the industry in Indian trading and low-cost commissions. Founded nearly 10 years ago, Zerodha securities is known for its industry-leading commissions schedule, margin rates, and customer care support & Trading platforms.

Recently they won award “Zerodha – India’s best retail brokerage for 2018” by NSE. Zerodha provides service in all segments like Equity, Currency, Commodity, F&O, Mutual fund etc. Zerodha only focus on execution of trades and trading platform offers by them is international standards.

Upstox Introduction.

Upstox is a India’s one of the best discount stock broker with more than 1,00,0000 + active customers. Just started in 2011 as a RKSV Capital ltd and Upstox cross trading turnover of 4000cr in just 3 years. Upstox is suitable for all types of traders & investors; it leads the industry in Indian trading and low-cost commissions.

Founded nearly 8 years ago, Upstox securities is known for its industry-leading commissions fees margin rates, and customer care services & Trading platforms and tools. Recently Indian most reputed business man Mr.Ratan Tata joined Upstox. Upstox(RSKV) provides service in all segments like Equity, Currency, Commodity, F&O, Mutual fund etc.

Achiievers Equities Ltd

Achiievers Equities, founded in 2010, is a Discount-service broker with over 20000+ retail customer accounts. Pan India’s presence and more than 300+ trading centers. Achievers Equities currently has around 280 business partners in the entire country. At present, the company’s turnover is more than 1000+ crore rupees per day.

Achiievers Equities won “Most promising brand” award on 22 Jul 2016. Achievers Equities is the first to offer research in India on daily basis. 24/7 customer care support is the most important thing in today’s world and they provide. Rather than broking, they offer a product like online Mutual fund, Online KYC, Gold Loan, Equity SIP etc.

Zerodha Vs Upstox Vs Achiievers Equities Side-by-side Comparison

Broker NameZerodhaUpstoxAchiievers Equities
Company
Zerodha
Upstox securities ltd logo
Achiievers Equities logo
Broker InfoZerodha ReviewUpstox Review
Achiievers Equities Review

Zerodha Vs Upstox Vs Achiievers Equities Background Comparison

BackgroundZerodhaUpstoxAchiievers Equities
Incorporation Year20102011 Started as RKSV2010
Broker ServicesDiscount BrokerDiscount BrokerDiscount Broker
Website URLzerodha.comupstox.comachiieversequitiesltd.com
Contact Number080-40402020022-61309999033 66063000
Exchanges AccessibleNSE, BSE, MCX-SX & MCXNSE, BSE, MCX-SX & MCXNSE, BSE, & MCX
Demat (NSDL/CDSL)CDSL – ZERODHA SECURITIES PVT. LTD.NSDL- Partnership with ILFSCDSL
Active Total Client8,00,000+ Clients100000+ Clients20000+ Clients

Introduction

IntroductionZerodhaUpstoxAchiievers Equities
Broker Reviews /OpinionZerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good. They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platformUpstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good. Upstox is suitable for both the intraday trader as well as investors.Overall Achiievers Equities charges very low than its competitors and delivers with very good platforms, research, mobile apps, education, and customer service. Compared to other Discount-service brokers Achiievers Equities offer customizable plan like Per Day Plan, Per Trade Plan, Month plan + Traditional plan also with zero hidden charges.
Inquiry

Broker Ratings and Reviews Comparison

Broker Rating/ReviewsZerodhaUpstoxAchiievers Equities
Opening Charges

★★★★★

★★★★★

★★★★

Commissions & Fees

★★★★★

★★★★★

★★★★

Trading Platforms & Tools

★★★★★

★★★★★

★★★★

Order Execution

★★★★★

★★★★★

★★★★

Fund Add/Withdraw

★★★★★

★★★★★

★★★★

Customer Services

★★★★★

★★★★★

★★★★

Overall Rating

★★★★★

★★★★★

★★★★

Usable for Investors Category Comparison

Useful for Type of InvestorsZerodhaUpstoxAchiievers Equities
Day TradersYes, Available ✔Yes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMCZerodhaUpstoxAchiievers Equities
Trading Account Opening ChargesRs. 300 – for Trading & DEMATRs.150 for EquityRs.750
Trading Annual Maintenance ChargesFreeFreeFree
Demat Account Opening FeesRs. 300 – for Trading & DEMATRs.150Free
Demat Annual Maintenance ChargesRs.300 + 18% GST for individualsRs.150/Per Annum (1st Year Free)Rs.400/Per Annum
Commodity FeesRs. 200 – for commodity accountRs.150 for Commodity AccountRs.300
Offer DP ServiceYes, Available ✔Yes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansZerodhaUpstoxAchiievers Equities
Monthly SubscriptionNot Available, ✖Yes, Available ✔Yes, Available ✔ Rs.750 Per Month
Yearly SubscriptionNot Available, ✖Not Available, ✖Yes, Available ✔
Multiple SubscriptionNot Available, ✖Not Available, ✖Yes, Available ✔ per month & per day

Trading Brokerage Charges Comparison

Brokerage ChargesZerodhaUpstoxAchiievers Equities
Plan Subscription SummeryZerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.Upstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.Trade in any segment- Equity Intraday, Equity Delivery, Future, Currency and Commodity for just Rs.15 per executed order.
Equity Intraday ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Equity Delivery ChargesFreeFreeRs.15 per executed order.
Equity Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Equity Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Currency Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Currency Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Commodity ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Minimum Brokerage Fees0.01% Minimum0.01% MinimumJust Fee Rs.15
Any Hidden CostNo, ✖No, ✖No Information
Call & Trade ChargesRs 20 + 18% GST per orderRs 20 + 18% GST per order.No Information

Available Margins / Leverage Comparison

Margins or LeverageZerodhaUpstoxAchiievers Equities
Equity Margin IntradayNo Margin for Delivery.Up to 15 times-Base Plan & Up to 20 times-Priority Plan.No Information
Equity Margin DeliveryUp to 12.5 times equity intraday margin.No Margin for Delivery.No Information
Equity Margin FuturesUp to 2 times for future.Normal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future.No Information
Equity Margin OptionsUp to 3 times for shorting options.
No for buying options.
Normal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying.No Information
Currency Margin FuturesUp to 2.5 times for Intraday margin. 100% for carry forward.NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 timesNo Information
Currency Margin OptionsUp to 2.5 times for intraday, 100% for carry forward.NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 timesNo Information
Commodity MarginUp to 2.5 times for intraday, 100% for carry forward.NRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times.No Information

Transparency and Transaction and other Government charges, Taxs Comparison

Transparency & Other FeesZerodhaUpstoxAchiievers Equities
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.0.0035% or Rs.350/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.0.0035% or Rs.350/per crore.
Equity Futures Trading0.0021% or Rs.210/per crore.0.0021% or Rs.210/per crore.0.0039% or Rs.390/per crore.
Equity Options Trading0.053% or Rs.5300/per crore.0.055% or Rs.5500/per crore.0.05% or Rs.5000/per crore.
Currency Futures Trading0.00135% or Rs.135/per crore.0.0015% or Rs.150/per crore.0.00175% or Rs.175/per crore.
Currency Options Trading0.044% or Rs.4400/per crore.0.06% or Rs.6000/per crore.0.065% or Rs.6500/per crore.
Commodities TradingAgri: Rs.275 per crore.
Non-Agri: Rs.360 per crore.
Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.Agri: Rs.365 per crore & Non-Agri: Rs.460 per crore.
AMC ChargeFree for Trading AMC.
Rs.300 PA for Demat AMC
Free for Trading AMC. Rs.150 PA for Demat AMCFree for Trading AMC. Rs.400 PA for Demat AMC
DP Transaction FeesEquity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST),
Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST)
Rs 15.50 per debit instruction.Rs.15 or 0.025% whichever higher
Offline order placing ChargeRs. 20 per orderRs. 20 per orderRs.0
Sebi ChargesRs.15/per cr.Rs.15/per cr.Rs.15/per cr.
GST18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp DutyAs per Clients state.As per Clients state.As per Clients state.

[supsystic-form id=15]

Available Trading Platform / Software Comparison

Trading Platforms / SoftwareZerodhaUpstoxAchiievers Equities
Desktop Trading PlatformZerodha PiDartstock/NEST TRADER/FOX TRADERNSE NOW
Web Basedkite.zerodha.compro.upstox.comNSENOW-LOGIN
Mobile ApplicationKite by ZerodhaUpstoxAchiievers Mobi

Trading Platform Details Comparison

Trading Platform DetailsZerodhaUpstoxAchiievers Equities
Demo (Desktop) PlatformYes, Available ✔Yes, Available ✔Yes, Available ✔
Windows Desktop platform Yes, Available ✔Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖No, ✖
Web Trading URLkite.zerodha.compro.upstox.comNSENOW-LOGIN
Web Trading Portals Infozerodha.comUpstox.comnowonline.in
Mobile SiteYes, Available ✔Yes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔Yes, Available ✔
Mobile Trading ApplicationKite zerodhaUpstoxAchiievers Equities
Mobile App DemoYes, Available ✔Yes Available ✔Yes, Available ✔
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility Comparison

ChartingZerodhaUpstoxAchiievers Equities
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔5 Days on NSENOW and 5 Day on ODIN (MCX)
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔10 years NSENOW and 5 years on ODIN (MCX)
Coding/BacktestingNot Available, ✖Not Available, ✖No, ✖

Reporting Comparison

ReportingZerodhaUpstoxAchiievers Equities
Trade Online ReportsYes, Available ✔Yes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔Yes, Available ✔

Trading Support and Tools Comparison

Support & ToolsZerodhaUpstoxAchiievers Equities
Research & TipsNo, ✖No, ✖Yes, Available ✔
Brokerage CalculatorYes, Available ✔Yes, Available ✔Yes, Available ✔
Span Margin CalculatorYes, Available ✔Yes, Available ✔No, ✖
Trailing StoplossNo, ✖No, ✖No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesZerodhaUpstoxAchiievers Equities
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔ Link with IDFC bankNo, ✖Yes, Available ✔
Instant Fund withdrawalNo, ✖(24 hours)No, ✖(24 hours)No, ✖
Relationship Managers (RM)No, ✖No, ✖No, ✖
ChartsYes, Available ✔Yes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖No, ✖
Mobile SMS AlertsYes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)Yes, Available ✔(Free)No, ✖3.15 PM
Online DemoYes, Available ✔Yes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔No, ✖
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔No, ✖
Intraday Sq.off Timing3.20 PM3.15 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔Yes, Available ✔
Extra FeaturesPivot Point Indicator on ChartPivot Point Indicator on ChartAsk to Broker

Services and Available Option Category Comparison

Investment Service and Available OptionsZerodhaUpstoxAchiievers Equities
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔Yes, Available ✔
Online IPO RequestNo, ✖No, ✖No, ✖
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositNo, ✖Yes, Available ✔Yes, Available ✔
Exchange-Traded Fund (ETF)Yes, Available ✔No, ✖Yes, Available ✔
Banking ServicesNo, ✖No, ✖No, ✖
Direct InsuranceNo, ✖No, ✖No, ✖
Forex InvestmentNo, ✖No, ✖No, ✖
MF SIP InvestmentsNo, ✖No, ✖Yes, Available ✔
PMS ServicesNo, ✖No, ✖No, ✖
Other OptionsAsk to BrokerAsk to BrokerAsk to Broker

Fund ADD / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessZerodhaUpstoxAchiievers Equities
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank Transfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gateway. Withdrawal fund: Bank TransferNear about 30 bank available for fund credit and Rs.7 for per transaction.No Information
Time for Payout24 hours (working days).24 hours (working days).No Information
Linked BankNear about 22 bank available for fund credit and Rs.9 for per transaction.Near about 30 bank available for fund credit and Rs.7 for per transaction.No Information

Trading Order Types Comparison

Trading Order TypesZerodhaUpstoxAchiievers Equities
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔Yes, Available ✔No Information
Bracket OrderYes, Available ✔Yes, Available ✔No, ✖
Buy Today Sell Tomorrow (BTST)Yes, Available ✔Yes, Available ✔No, ✖
Sell Today Buy Tomorrow (STBT)Yes, Available ✔Yes, Available ✔No, ✖
AMO – After Market OrderYes, Available ✔Yes, Available ✔No, ✖
GTG – Good Till CancelledNo, ✖No, ✖Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care ServicesZerodhaUpstoxAchiievers Equities
Customer Care Service 24/7No, ✖No, ✖Yes, Available ✔
Email SupportYes, Available ✔Yes, Available ✔Yes, Available ✔
Live Chat OnlineNo, ✖No, ✖Yes, Available ✔
Phone SupportYes, Available ✔Yes, Available ✔Yes, Available ✔
Toll-Free NumberNo, ✖No, ✖1860 420 3333
Support by BranchYes, Available ✔Yes, Available ✔
(Main Office)
Yes, Available ✔
Customer Care Contact Number91 804040202091 2261309999+91 33 66063000
Account Opening ProcedurePaperlessPaperlessNo Information
Customer Support Emailsupport@zerodha.comsupport@upstox.comcustomer.care@achiieversequitiesltd.com
Complaints Support Emailcomplaints@zerodha.comcomplaints@upstox.com
complaints.mcx@upstox.com
info@achiieversequitiesltd.com
Educational BlogYes, Available ✔Yes, Available ✔achiieversequitiesltd.com
Head Office Address#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore – 560078
30th Floor,
Sunshine Tower,
Senapati Bapat Marg,
Dadar West,
Mumbai 400013
32 / A Diamond Harbour Road,
Sakher Bazar,
Kolkata – 700008

Investment Advice/Tips/ Research & Reports Comparison

Investment Advice – Tips, Research & ReportsZerodhaUpstoxAchiievers Equities
Equity ResearchNo, ✖No, ✖Yes, Available ✔
Mutual Fund ResearchYes, Available ✔No, ✖Yes, Available ✔
ETF ResearchNo, ✖No, ✖Yes, Available ✔
Daily ReportNo, ✖No, ✖Yes, Available ✔
Free Tips- AdvisoryNo, ✖No, ✖Yes, Available ✔
Company Result AnalysisNo, ✖No, ✖Yes, Available ✔
News & AlertsNo, ✖No, ✖Yes, Available ✔

Advantages & Disadvantages Comparison

Advantages & DisadvantagesZerodhaUpstoxAchiievers Equities
Pros / Likes1) Rs.0 for Equity Delivery.
2) Excellent Trading Platforms.
3) Customer care support is very good.
4) Easy account opening procedure.
5) Direct mutual fund investments.
1) No charges for Equity Delivery
2) Technically high-edge Trading Platform
3) Excellent Customer care Support
4) Direct mutual fund investments.
5) Different types of orders types available.

1) Achiievers Equities offers 24/7 Customer Support.
2) 3-in-1 Account.
3) Customised Brokerage plan available.
4) All Three Trading Portals are fast.
Cons / Dislikes1) Rs.20 Extra for call n trade.
2) No stock advisory.
3) Online IPO Application not available.
1)No stock tips / advisory.
2) Online IPO Application not available.
3) Rs.20 Extra for call n trade.

1) Rs.20 Extra for call-n-trade.
2) Rs.75 for Research Alerts over SMS.
Promotion or offerFree equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage chargesFree equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges.
No Information.

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Zerodha Vs Upstox Vs Achiievers Equities