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Groww vs Upstox (Compare Groww 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 Groww vs Upstox, Below comparison of Groww 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 Groww vs Upstox is given below:

Groww

Upstox

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	Groww	Upstox

About The Brokers	Groww : "Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas >>> 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 :	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES	Upstox : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Groww : Discount Broker	Upstox : Discount Broker
Promo/offers	Groww : 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	Groww : Free research services No DP charges on buy & low brokerage. Commission Free mutual fund investment Free Demat & Trading account, No charges on account opening Zero Clearing Charges Zero Demat AMC Charges Option to invest online in gold etfs, SGBs & gold funds	Upstox : No Brokerage on Mutual funds. DEMAT AMC free for Life Low cost Brokerage Self-directed, easy to use online learning for all levels Easy to get started with Aadhar based signup Good Brokerage & Margin Calculator Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage	Groww : Does not provide a 3in1 account facility. Does not provide commodity Trading Does not provide trading options: Bracket, GTT orders, etc does not provide Margin trading facility No Call and Trade services No Margin against shares Does not offer NRI Trading	Upstox : No margin funding Does not provide Tips & recommendation Turnover charges on futures and options is higher than competitors Upstox doesn't offer unlimited monthly trading plans. Doesn't offer research based services. Charges on Funds Transfer @ ₹7 per fund transfer.
Why This	Groww : Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade. Equity intraday trade at Rs. 20 or 0.05% (whichever is lower) Groww provides mutual funds investment at Zero Fees, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost No DP charges on buy. Highly rated Groww mobile App Facility to invest in US Stocks	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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Groww vs Upstox Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and Upstox Trading Account Opening Fee is Rs 0 (Free) . Groww Demat Account AMC is Rs 0 and Upstox Demat Account AMC is Rs 150 .

	Groww	Upstox
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 0	Demat Account AMC : Rs 150
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Groww vs Upstox Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . 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 .

	Groww	Upstox
Plan Name	Plan Name : Basic Plan	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : Rs 20 per executed order or 0.05% whichever is lower	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : NA	Currency Futures : Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Currency Options : NA	Currency Options : Rs 20 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Commodity Options : NA	Commodity Options : Rs 20 per executed order
	Open Account	Open Account

Groww vs Upstox Exchange Transaction Charges

Groww 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) . 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) .

	Groww	Upstox
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	Currency Options : (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

Groww vs Upstox Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

	Groww	Upstox
Minimum Brokerage	Minimum Brokerage : Rs 20 or 0.05% per executed order	Minimum Brokerage : 0.05%
Call & Trade	Call & Trade : NA	Call & Trade : Rs 20 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	DP Charges (on sell side) : ₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50	Other Miscellaneous Charges : Auto Square-off Charges: Rs 50
	Open Account	Open Account

Groww vs Upstox Features

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

	Groww	Upstox
Trading Platform	Trading Platform : Groww	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 : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Groww vs Upstox Demat Account Charges

A comparative table of various demat account charges between Groww and Upstox is below:

	Groww	Upstox
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : Rs 249
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Nil
AMC	AMC : â‚¹0 (Free)	AMC : Rs 150
Dematerialisation Charges	Dematerialisation Charges : â‚¹150 per certificate + courier charges	Dematerialisation Charges : Rs 2.00 per certificate plus courier charges of Rs 35 per demat request
Rematerialisation Charges	Rematerialisation Charges : â‚¹150 per certificate + courier charges	Rematerialisation Charges : Rs 25 per certificate or 0.05% of the value whichever is higher.
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : Rs 13 + Rs 5.50 (CDSL charges) per scrip.
Pledge Creation Charges	Pledge Creation Charges : â‚¹20 + â‚¹12 per request (CDSL Charges)	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 : -	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 : â‚¹20	Pledge Invocation Charges : 0.05% of the transaction charges subject to a minimum of Rs 50
Failed Instruction Charges	Failed Instruction Charges : â‚¹50 per ISIN	Failed Instruction Charges : Rs 50 per transaction
Other Charges	Other Charges : KYC Modification: â‚¹50	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

Groww vs Upstox Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and . Upstox Year of Incorporation is 2012 and Total Number of Clients is 2501173 and Total Number of Branches is 4 .

	Groww	Upstox
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 2012
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : No	Demat Services : No
Website	Website : https://groww.in/	Website : www.upstox.com
Contact Details	Contact Details : -	Contact Details : +91-22-6130-9999
Total Number of Clients	Total Number of Clients : 9,185,024	Total Number of Clients : 2,501,173
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 4
Products *	Products : GROWW MOBILE APP	Products : Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.
	Open Account	Open Account

Groww vs Upstox Orders

Orders

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

Groww vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	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

Groww vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	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

Groww vs Upstox Product & Services

Groww 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:

	Groww	Upstox
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	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 : Yes	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 : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : No	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

Groww vs Upstox Customer Services

Groww 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:

	Groww	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 : No	Customer Care : Yes
Community Service *	Community Service : No	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

Groww vs Upstox Other Investement

Groww 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:

	Groww	Upstox
Commodity Trading *	Commodity Trading : No	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

Groww vs Upstox Trading Platform

Groww 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:

	Groww	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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Groww

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Groww vs Upstox (Compare Groww and Upstox)

One on One comparison of Groww vs Upstox is given below:

Groww

Upstox

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Groww vs Upstox Account Opening & AMC Charges

Groww vs Upstox Brokerage Charges

Groww vs Upstox Exchange Transaction Charges

Groww vs Upstox Other Charges

Groww vs Upstox Features

Groww vs Upstox Demat Account Charges

Groww vs Upstox Basic Details

Groww vs Upstox Orders

Groww vs Upstox Research and Advice / Trading Tips

Groww vs Upstox Franchisee / Authorized Person related information

Groww vs Upstox Product & Services

Groww vs Upstox Customer Services

Groww vs Upstox Other Investement

Groww vs Upstox Trading Platform

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