Zerodha Vs Upstox 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.
Recently Indian most reputed
Zerodha Vs Upstox Side-by-side Comparison
| Broker Name | Zerodha | Upstox |
| Broker Info | Zerodha Review | Upstox Review |
Zerodha Vs Upstox Background.
Zerodha Vs Upstox compare- Basic Background.
| Background | Zerodha | Upstox |
| Incorporation Year | 2010 | 2011 Started as RKSV |
| Broker Services | Discount Broker | Discount Broker |
| Website URL | www.zerodha.com | www.upstox.com |
| Contact Number | 080-40402020 | 022-61309999 |
| Exchanges Accessible | NSE, BSE, MCX-SX & MCX | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | CDSL – ZERODHA SECURITIES PVT. LTD. | NSDL- Partnership with ILFS |
| Active Total Client | 8,00,000+ Clients | 100000+ Clients |
Introduction
Zerodha Vs Upstox compare – Small Reviews and Broker Inquiry form.
| Introduction | Zerodha | Upstox |
| Broker Reviews /Opinion | Zerodha 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 platform | Upstox 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. |
Zerodha Vs Upstox compare – Star ratings and reviews range of 1 to 5.
| Broker Rating/Reviews | Zerodha | Upstox |
| Opening Charges | ★★★★★ | ★★★★★ |
| Commissions & Fees | ★★★★★ | ★★★★★ |
| Trading Platforms & Tools | ★★★★★ | ★★★★★ |
| Order Execution | ★★★★★ | ★★★★★ |
| Fund Add/Withdraw | ★★★★★ | ★★★★★ |
| Customer Services | ★★★★★ | ★★★★★ |
| Overall Rating | ★★★★★ | ★★★★★ |
Usable for Investors Category
Zerodha Vs Upstox Online compare – This stockbroker is useful for what kind of investor.
| Useful for Type of Investors | Zerodha | Upstox |
| Day Traders | Yes, Available ✔ | Yes, Available ✔ |
| Active Investor/Trader | Yes, Available ✔ | Yes, Available ✔ |
| Investor | Yes, Available ✔ | Yes, Available ✔ |
Account Opening Fees and AMC
Zerodha Vs Upstox compares – Comparison of two share broker for Trading Account, AMC etc.
| Account Opening Fees and AMC | Zerodha | Upstox |
| Trading Account Opening Charges | Rs. 300 – for Trading & DEMAT | Rs.150 for Equity |
| Trading Annual Maintenance Charges | Free | Free |
| Demat Account Opening Fees | Rs. 300 – for Trading & DEMAT | Rs.150 |
| Demat Annual Maintenance Charges | Rs.300 + 18% GST for individuals | Rs.150/Per Annum (1st Year Free) |
| Commodity Fees | Rs. 200 – for commodity account | Rs.150 for Commodity Account |
| Offer DP Service | Yes, Available ✔ | Yes, Available ✔ |
Available Trading Brokerage Plans
Zerodha Vs Upstox compare – What types of brokerage plans are available to this stock broker?
| Available Brokerage Plans | Zerodha | Upstox |
| Monthly Subscription | Not Available, ✖ | Yes, Available ✔ |
| Yearly Subscription | Not Available, ✖ | Not Available, ✖ |
| Multiple Subscription | Not Available, ✖ | Not Available, ✖ |
Trading Brokerage Charges
Zerodha Vs Upstox compare – A complete comparison of brokerage charges between shares brokers for all segments.
| Brokerage Charges | Zerodha | Upstox |
| Plan Subscription Summery | Zerodha 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. |
| Equity Intraday Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Delivery Charges | Free | Free |
| Equity Futures Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Options Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Futures Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Options Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Commodity Charges | Rs.20/executed order or 0.01% whichever is lower. | Rs.20/executed order or 0.01% whichever is lower. |
| Minimum Brokerage Fees | 0.01% Minimum | 0.01% Minimum |
| Any Hidden Cost | No, ✖ | No, ✖ |
| Call & Trade Charges | Rs 20 + 18% GST per order | Rs 20 + 18% GST per order. |
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Available Margins / Leverage
Zerodha Vs Upstox compare – Full comparison of the Available margins for all segments.
| Margins or Leverage | Zerodha | Upstox |
| Equity Margin Intraday | No Margin for Delivery. | Up to 15 times-Base Plan & Up to 20 times-Priority Plan. |
| Equity Margin Delivery | Up to 12.5 times equity intraday margin. | No Margin for Delivery. |
| Equity Margin Futures | Up 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. |
| Equity Margin Options | Up 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. |
| Currency Margin Futures | Up 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 times |
| Currency Margin Options | Up 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 times |
| Commodity Margin | Up 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. |
Transprarency and Transaction and other Goverment charges, Taxs
Zerodha Vs Upstox compare – Comparison of all goverment charges and Taxes
| Transparency & Other Fees | Zerodha | Upstox |
| Equity Day Trading | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Delivery | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Futures Trading | 0.0021% or Rs.210/per crore. | 0.0021% or Rs.210/per crore. |
| Equity Options Trading | 0.053% or Rs.5300/per crore. | 0.055% or Rs.5500/per crore. |
| Currency Futures Trading | 0.00135% or Rs.135/per crore. | 0.0015% or Rs.150/per crore. |
| Currency Options Trading | 0.044% or Rs.4400/per crore. | 0.06% or Rs.6000/per crore. |
| Commodities Trading | Agri: Rs.275 per crore. Non-Agri: Rs.360 per crore. | Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore. |
| AMC Charge | Free for Trading AMC. Rs.300 PA for Demat AMC | Free for Trading AMC. Rs.150 PA for Demat AMC |
| DP Transaction Fees | Equity 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. |
| Offline order placing Charge | Rs. 20 per order | Rs. 20 per order |
| Sebi Charges | Rs.15/per cr. | Rs.15/per cr. |
| GST | 18% on Brokerage + Transaction charges. | 18% on Brokerage + Transaction charges. |
| Stamp Duty | As per Clients state. | As per Clients state. |
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Available Trading Platform / Software
Zerodha Vs Upstox compare – All three trading platform names and URL path to download.
| Trading Platforms / Software | Zerodha | Upstox |
| Desktop Trading Platform | Zerodha Pi | Dartstock/NEST TRADER/FOX TRADER |
| Web Based | kite.zerodha.com | pro.upstox.com |
| Mobile Application | Kite by Zerodha | Upstox |
Trading Platform Details
Zerodha Vs 5paisa Vs Upstox compare – Side-by-side comparison of trading platforms features.
| Trading Platform Details | Zerodha | Upstox |
| Demo (Desktop) Platform | Yes, Available ✔ | Yes, Available ✔ |
| Windows Desktop platform | Yes, Available ✔ | Yes, Available ✔ |
| MAC Desktop platform | No, ✖ | No, ✖ |
| Web Trading URL | kite.zerodha.com | pro.upstox.com |
| Web Trading Portals Info | zerodha.com | Upstox.com |
| Mobile Site | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Availability | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Application | Kite zerodha | Upstox |
| Mobile App Demo | Yes, Available ✔ | Yes Available ✔ |
| Android / Ios Mobile App | Yes, ✔ Both Available | Yes, ✔ Both Available |
Charting Facility
Zerodha Vs Upstox compare – Charts, types of charts and more.
| Charting | Zerodha | Upstox |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | Not Available, ✖ | Not Available, ✖ |
Reporting
Zerodha Vs Upstox compare – Profit and loss Statements, Trading details on register email id and trading contract notes.
| Reporting | Zerodha | Upstox |
| Trade Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| PNL Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| Online Contract Notes | Yes, Available ✔ | Yes, Available ✔ |
Trading Support and Tools
Zerodha Vs Upstox compare – Complete comparison between tools and other supported options.
| Support & Tools | Zerodha | Upstox |
| Research & Tips | No, ✖ | No, ✖ |
| Brokerage Calculator | Yes, Available ✔ | Yes, Available ✔ |
| Span Margin Calculator | Yes, Available ✔ | Yes, Available ✔ |
| Trailing Stoploss | No, ✖ | No, ✖ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ Blogs, Articles |
Trading Features
Zerodha Vs Upstox
| Useful Trading Features | Zerodha | Upstox |
| 3 in 1 Account (Bank+Trading+Demat) | Yes, Available ✔ Link with IDFC bank | No, ✖ |
| Instant Fund withdrawal | No, ✖(24 hours) | No, ✖(24 hours) |
| Relationship Managers (RM) | No, ✖ | No, ✖ |
| Charts | Yes, Available ✔ | Yes, Available ✔ |
| Algo Trading / Robot | No, ✖ | No, ✖ |
| Mobile SMS Alerts | Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS) | Yes, Available ✔(Free) |
| Online Demo | Yes, Available ✔ | Yes, Available ✔ |
| Online Portfolio | Yes, Available ✔ | Yes, Available ✔ |
| Margin for Future Trading | Yes, Available ✔ | Yes, Available ✔ |
| Combined Records for Equity & Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Intraday Sq.off Timing | 3.20 PM | 3.15 PM |
| Can NRI Trade | Yes, Available ✔ | Yes, Available ✔ |
| Extra Features | Pivot Point Indicator on Chart | Pivot Point Indicator on Chart |
Services and Available Option Category
Zerodha Vs Upstox compare – Many share brokers offer investment option like banking, insurance etc.
| Investment Service and Available Options | Zerodha | Upstox |
| Equity Cash & Future & Option | Yes, Available ✔ | Yes, Available ✔ |
| Currency Derivatives (Forex) | Yes, Available ✔ | Yes, Available ✔ |
| Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Online IPO Request | No, ✖ | No, ✖ |
| Mutual Funds (MF) | Yes, Available ✔ | Yes, Available ✔ |
| Bonds / Negotiable Certificate of Deposit | No, ✖ | Yes, Available ✔ |
| Exchange-Traded Fund (ETF) | Yes, Available ✔ | No, ✖ |
| Banking Services | No, ✖ | No, ✖ |
| Direct Insurance | No, ✖ | No, ✖ |
| Forex Investment | No, ✖ | No, ✖ |
| MF SIP Investments | No, ✖ | No, ✖ |
| PMS Services | No, ✖ | No, ✖ |
| Other Options | Ask to Broker | Ask to Broker |
Fund ADD / Fund Withdrawal Procedure
Zerodha Vs Upstox compares – Comparison of Fund pay-in & Payout available options, Timing
| Fund Add/Withdrawal Process | Zerodha | Upstox |
| Fund Pay In and Pay out | Add Fund: Cheque, Online Bank Transfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gateway. Withdrawal fund: Bank Transfer | Near about 30 bank available for fund credit and Rs.7 for per transaction. |
| Time for Payout | 24 hours (working days). | 24 hours (working days). |
| Linked Bank | Near 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. |
Trading Order Types
Zerodha Vs Upstox
| Trading Order Types | Zerodha | Upstox |
| Cash N Carry (CNC Order) | Yes, Available ✔ | Yes, Available ✔ |
| Margin Intraday Square (MIS Order) | Yes, Available ✔ | Yes, Available ✔ |
| Normal (NRML Order) | Yes, Available ✔ | Yes, Available ✔ |
| Cover Order | Yes, Available ✔ | Yes, Available ✔ |
| Bracket Order | Yes, Available ✔ | Yes, Available ✔ |
| Buy Today Sell Tomorrow (BTST) | Yes, Available ✔ | Yes, Available ✔ |
| Sell Today Buy Tomorrow (STBT) | Yes, Available ✔ | Yes, Available ✔ |
| AMO – After Market Order | Yes, Available ✔ | Yes, Available ✔ |
| GTG – Good Till Cancelled | No, ✖ | No, ✖ |
Customer Care Services and Numbers
Zerodha Vs Upstox compare – Customer care complete comparison.
| Customer Care Services | Zerodha | Upstox |
| Customer Care Service 24/7 | No, ✖ | No, ✖ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | No, ✖ | No, ✖ |
| Phone Support | Yes, Available ✔ | Yes, Available ✔ |
| Toll-Free Number | No, ✖ | No, ✖ |
| Support by Branch | Yes, Available ✔ | Yes, Available ✔(Main Office) |
| Customer Care Contact Number | 91 8040402020 | 91 2261309999 |
| Account Opening Procedure | Paperless | Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Complaints Support Email | [email protected] | [email protected] [email protected] |
| Educational Blog | Yes, Available ✔ | Yes, Available ✔ |
| 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 |
Investment Advice/Tips/ Research & Reports
Zerodha Vs Upstox compare – Comparison of Advisory, Analysis reports, and Tips, research etc.
| Investment Advice – Tips, Research & Reports | Zerodha | Upstox |
| Equity Research | No, ✖ | No, ✖ |
| Mutual Fund Research | Yes, Available ✔ | No, ✖ |
| ETF Research | No, ✖ | No, ✖ |
| Daily Report | No, ✖ | No, ✖ |
| Free Tips- Advisory | No, ✖ | No, ✖ |
| Company Result Analysis | No, ✖ | No, ✖ |
| News & Alerts | No, ✖ | No, ✖ |
Advantages & Disadvantages
Zerodha Vs Upstox compare – Promotional offers Pros and Cons share broker comparison
| Advantages & Disadvantages | Zerodha | Upstox |
| Pros / Likes | 1) 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. |
| Cons / Dislikes | 1) 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. |
| Promotion or offer | Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges | Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges. |
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