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Share.Market vs Upstox (Compare Share.Market and Upstox)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Share.Market vs Upstox, Below comparison of Share.Market vs Upstox highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Share.Market vs Upstox is given below:

Share.Market

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Upstox

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	Share.Market	Upstox

About The Brokers

Share.Market :

"Leveraging the established PhonePe ecosystem, the platform aims to integrate trading services with PhonePe’s existing features, making it convenient for users who a >>> more

Upstox :

"Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co >>> more

Find More Information about the Broker :

Share.Market :

BROKERAGE PRODUCTS & SERVICES OVERVIEW

Upstox :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

Share.Market :

Discount Broker

Upstox :

Discount Broker

Promo/offers

Share.Market :

N/A

Upstox :

Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Advantage

Share.Market :

✔ What Share.Market Does Well

✓	PhonePe-backed (Walmart group) — institutional trust and 490M user distribution
✓	WealthBaskets — SEBI IA (Quantech Capital) backed quantitative research portfolios, free
✓	₹180/yr AMC from year 2 — lowest AMC among all brokers that charge AMC
✓	DP charge ₹13.25 per ISIN — lower than Zerodha, Groww, Alice Blue
✓	PhonePe account integration — instant onboarding for existing PhonePe users
✓	Stocks, ETFs, F&O, MF, IPO all in one app
✓	UPI fund transfers free — no gateway charges for UPI
✓	Clean beginner-friendly interface
✓	SME IPO access available

Upstox :

✔ What Upstox Does Well

✓	Flat ₹20 per order — simple, transparent pricing
✓	First year demat AMC completely free
✓	Pro Web — fast TradingView charting with Chart360
✓	Backed by Ratan Tata & Kalaari Capital — credible
✓	Account opens in 15 minutes — among fastest in India
✓	Well-documented API for algorithmic traders
✓	150+ technical indicators on Pro platform
✓	IPO applications free via UPI/ASBA
✓	SEBI-registered, CDSL custody — securities safe
✓	Call & Trade at ₹20/order — cheaper than Zerodha's ₹50

Disadvantage

Share.Market :

✘ Where Share.Market Falls Short

✗	Zero brokerage promo ended March 31, 2025 — now standard ₹20/order like all major brokers
✗	No commodity (MCX) trading
✗	No NRI accounts
✗	No currency (forex) derivatives
✗	AMC ₹180/yr from year 2 — Groww, Shoonya, ProStocks, Fyers, Alice Blue all ₹0 forever
✗	Launched 2023 — less battle-hardened vs Zerodha/Angel One
✗	No GTT orders, no advanced order types for active traders
✗	Fund transfer non-UPI: ₹15+GST per transaction
✗	No 3-in-1 bank account integration

Upstox :

✘ Where Upstox Falls Short

✗	₹20 charged on delivery trades — unlike Zerodha's ₹0
✗	NRI trading accounts NOT available
✗	Mutual funds: regular plans only (not direct plans)
✗	No education resource like Zerodha Varsity
✗	No public platform outage disclosure page
✗	DP charge ₹20/scrip — applies on every delivery sell
✗	No phone support — chat and email only
✗	No research or stock recommendations
✗	No 3-in-1 integrated banking account
✗	Platform slows on high-volatility expiry days

Why This

Share.Market :

They are currently offering FREE demat and trading account with simple, secure, and paperless KYC and You pay ZERO brokerage on all the products, including Futures and Options (F&O).(Till 31st Dec 2024, if you open the account by Oct 31st 2024).
Backed by PhonePe, Share.Market prioritizes security, implementing robust encryption protocols to safeguard user data and transactions.
It offers a facility to invest in Wealth Baskets which is a basket of stocks or ETFs, based on a strategy, theme, or research. They are curated by WealthBasket curators who are SEBI-registered Investment Advisors or Research Analysts.
Check out 5 factors, i.e., Momentum, Quality, Value, Low Volatility, and Sentiment for each stock to make better investing and trading decisions
You can explore Stock Collections based on themes & strategies.
No Charges for Funds Transfer if it is done via UPI.
One-stop marketplace: Equity, ETFs, Mutual Funds, Derivatives, Buyback, OFS, IPO and WealthBaskets.
Dedicated Research Backed by an in-depth research team.
You can create a watchlist to monitor the performance of your favorite stocks
You can access comprehensive details of new stock listings directly in the app
You can Monitor live subscription levels and look forward to tracking post-IPO stock prices

Upstox :

Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery,intraday and F&O trades.
After Market Order (AMO), Cover Order and BO are available on both web and mobile
Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
Zero Demat AMC, Free demat account for life.
Offers NRI trading.
Offers Mutual Fund Investment, SIP Investement.
Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix
Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.

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Share.Market vs Upstox Account Opening & AMC Charges

Share.Market Trading Account Opening Fee is ₹0 and Upstox Trading Account Opening Fee is Rs 0 (Free) . Share.Market Demat Account AMC is Rs 180 (free for 1st year) and Upstox Demat Account AMC is Rs 150 .

	Share.Market	Upstox
Trading Account Opening Fee	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 180 (free for 1st year)	Demat Account AMC : Rs 150
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Share.Market vs Upstox Brokerage Charges

Share.Market Brokerage Charges Equity Delivery is ₹20 per executed order or 0.05% whichever is lower and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order or 0.05% whichever is lower . Upstox Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

	Share.Market		Upstox
Plan Name	Plan Name : Standard Plan	Plan Name : ZERO brokerage till 31st Mar 2025	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : ₹20 per executed order or 0.05% whichever is lower	Equity Delivery : -	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower	Equity Intraday : -	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower
Equity Future	Equity Future : ₹20 per executed order or 0.05% whichever is lower	Equity Future : -	Equity Future : Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Equity Options : ₹20 per executed order or 0.05% whichever is lower	Equity Options : -	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : ₹20 per executed order or 0.05% whichever is lower	Currency Futures : -	Currency Futures : Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Currency Options : ₹20 per executed order or 0.05% whichever is lower	Currency Options : -	Currency Options : Rs 20 per executed order
Monthly Fee	Monthly Fee : NIL	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : Yes	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -	Commodity Futures : Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Commodity Options : NA	Commodity Options : -	Commodity Options : Rs 20 per executed order
	Open Account		Open Account

Share.Market vs Upstox Exchange Transaction Charges

Share.Market Exchange Transaction Charges Equity Future is NSE: 0.00173% | BSE: 0.0% and Equity Options is NSE: 0.03503% | BSE: 0.0325% (on premium) . Upstox Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .

	Share.Market	Upstox
Equity Delivery	Equity Delivery : NSE: 0.00297% \| BSE: 0.00375%	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00297% \| BSE: 0.00375%	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE: 0.00173% \| BSE: 0.0%	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.00173% \| BSE: 0.0%	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	Currency Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - Rs 290 per Cr (0.0029%)
	Open Account	Open Account

Share.Market vs Upstox Other Charges

Share.Market and Call & Trade is NA . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

	Share.Market	Upstox
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : 0.05%
Call & Trade	Call & Trade : NA	Call & Trade : Rs 20 per trade
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹10 + ₹3.25 (CDSL Charges)	DP Charges (on sell side) : ₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges	Other Miscellaneous Charges : Auto square-off Rs 30 per order.	Other Miscellaneous Charges : Auto Square-off Charges: Rs 50
	Open Account	Open Account

Share.Market vs Upstox Features

Share.Market and Upstox both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Share.Market	Upstox
Trading Platform	Trading Platform : Share.Market website and mobile app	Trading Platform : Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : No	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : -	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : -	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Share.Market vs Upstox Demat Account Charges

A comparative table of various demat account charges between Share.Market and Upstox is below:

	Share.Market	Upstox
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : Rs 249
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Nil
AMC	AMC : ₹0 (for the 1st Year) and after ₹180 per year	AMC : Rs 150
Dematerialisation Charges	Dematerialisation Charges : ₹150 per certificate	Dematerialisation Charges : Rs 2.00 per certificate plus courier charges of Rs 35 per demat request
Rematerialisation Charges	Rematerialisation Charges : ₹150 for every hundred securities + depository chg	Rematerialisation Charges : Rs 25 per certificate or 0.05% of the value whichever is higher.
Transaction Charges (Credit)	Transaction Charges (Credit) : ₹0	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 13.25 per instruction per ISIN (Including CDSL)	Transaction Charges (debit) : Rs 13 + Rs 5.50 (CDSL charges) per scrip.
Pledge Creation Charges	Pledge Creation Charges : ₹20 per instruct	Pledge Creation Charges : 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹0	Pledge Creation Confirmation Charges : 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Invocation Charges	Pledge Invocation Charges : ₹20	Pledge Invocation Charges : 0.05% of the transaction charges subject to a minimum of Rs 50
Failed Instruction Charges	Failed Instruction Charges : ₹50 per ISIN	Failed Instruction Charges : Rs 50 per transaction
Other Charges	Other Charges : -	Other Charges : Demat Rejection Charges: Rs 35 per rejection for every 500 gms. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.
	Open Account	Open Account

Share.Market vs Upstox Basic Details

Share.Market Year of Incorporation is 2023 and Total Number of Clients is 355026 and Total Number of Branches is NIL . Upstox Year of Incorporation is 2012 and Total Number of Clients is 2036413 and Total Number of Branches is 4 .

	Share.Market	Upstox
Year of Incorporation	Year of Incorporation : 2023	Year of Incorporation : 2012
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : CDSL	Demat Services : No
Website	Website : https://share.market/	Website : www.upstox.com
Contact Details	Contact Details : 080-68727687	Contact Details : +91-22-6130-9999
Total Number of Clients	Total Number of Clients : 355,026	Total Number of Clients : 2,036,413
Total Number of Branches	Total Number of Branches : NIL	Total Number of Branches : 4
Products *	Products : Stocks, F&O, ETFs, MFs, Wealth Basket, IPOs	Products : Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.
Key USP *	Key USP : -	Key USP : RKSV Group; TradingView charts; modern UI; Ratan Tata-backed
Broker Type *	Broker Type : Discount	Broker Type : Discount
	Open Account	Open Account

Share.Market vs Upstox Orders

Orders

	Share.Market	Upstox
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Share.Market vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Share.Market	Upstox
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
	Open Account	Open Account

Share.Market vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Share.Market	Upstox
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : -
	Open Account	Open Account

Share.Market vs Upstox Product & Services

Share.Market and Upstox both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Share.Market	Upstox
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
	Open Account	Open Account

Share.Market vs Upstox Customer Services

Share.Market and Upstox both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Share.Market	Upstox
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Share.Market vs Upstox Other Investement

Share.Market and Upstox both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Share.Market	Upstox
Commodity Trading *	Commodity Trading : NA	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Share.Market vs Upstox Trading Platform

Share.Market and Upstox both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Share.Market	Upstox
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account