Upstox vs Zerodha (Compare Upstox vs Zerodha)

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 Upstox vs Zerodha, Below comparison of Upstox vs Zerodha 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.

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

Upstox

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Zerodha

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	Upstox	Zerodha

About The Brokers	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	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	Upstox : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Upstox : Discount Broker	Zerodha : Discount Broker
Promo/offers	Upstox : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer	Zerodha : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer Special Offers: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
Advantage	Upstox : No Brokerage on Equity delivery. 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	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
Disadvantage	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.	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
Why This	Upstox : Upstox offers zero brokerage on equity delivery trade and a mere ₹20 per transaction on 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. Equity delivery trading is free. 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.	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.

Upstox vs Zerodha Account Opening & AMC Charges

Upstox Trading Account Opening Fee is ₹150+GST and Zerodha Trading Account Opening Fee is ₹200 . Upstox Demat Account AMC is ₹300 and Zerodha Demat Account AMC is ₹300 .

	Upstox	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹150+GST	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹300	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0

Upstox vs Zerodha Brokerage Charges

Upstox Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹30 per executed order or 0.10% whichever is lower and Equity Options is ₹30 per executed order . Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order . Zerodha Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or .03% whichever is lower and Equity Options is ₹20 per executed order .

	Upstox		Zerodha
Plan Name	Plan Name : Upstox Priority	Plan Name : Basic Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : ₹0 (Free)	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : ₹30 per executed order or 0.10% whichever is lower	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower	Equity Intraday : ₹20 per executed order or .03% whichever is lower
Equity Future	Equity Future : ₹30 per executed order or 0.10% whichever is lower	Equity Future : ₹20 per executed order or 0.05% whichever is lower	Equity Future : ₹20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹30 per executed order	Equity Options : ₹20 per executed order	Equity Options : ₹20 per executed order
Currency Futures	Currency Futures : ₹30 per executed order or 0.10% whichever is lower	Currency Futures : ₹20 per executed order or 0.05% whichever is lower	Currency Futures : ₹20 per executed order or .03% whichever is lower
Currency Options	Currency Options : ₹30 per executed order	Currency Options : ₹20 per executed order	Currency Options : ₹20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NO
Margin Trading	Margin Trading : Yes	Margin Trading : NA	Margin Trading : NO
Commodity Futures	Commodity Futures : ₹30 per executed order or 0.10% whichever is lower	Commodity Futures : ₹20 per executed order or 0.05% whichever is lower	Commodity Futures : ₹20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : ₹30 per executed order	Commodity Options : ₹20 per executed order	Commodity Options : ₹20 per executed order or .03% whichever is lower

Upstox vs Zerodha Transaction Charges (Per Crore)

Upstox Transaction Charges (Per Crore) Equity Future is NSE ₹210 per Cr (0.0021%) and Equity Options is NSE ₹5500 per Cr (0.055%) (on premium) . Zerodha Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) and Equity Options is NSE ₹5000 per Cr (0.05%) (on premium) .

	Upstox	Zerodha
Equity Delivery	Equity Delivery : NSE ₹325 per Cr (0.00325%) (each side)	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : NSE ₹325 per Cr (0.00325%) (each side)	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : NSE ₹210 per Cr (0.0021%)	Equity Future : NSE ₹190 per Cr (0.0019%)
Equity Options *	Equity Options : NSE ₹5500 per Cr (0.055%) (on premium)	Equity Options : NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE ₹130 per Cr (0.0013%) \| BSE ₹26 per Cr (0.00026%)	Currency Futures : NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	Currency Options : NSE ₹2900 per Cr (0.029%) \| BSE ₹2600 per Cr (0.026%) (on premium)	Currency Options : NSE ₹3500 per Cr (0.035%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	Commodity : Group A - ₹290 per Cr (0.0029%)	Commodity : Group A - ₹260 per Cr (0.0026%)

Upstox vs Zerodha Other Charges

Upstox Minimum Brokerage is 0.05% and Call & Trade is ₹20 + GST per order placed. . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is ₹50 per executed order .

	Upstox	Zerodha
Minimum Brokerage	Minimum Brokerage : 0.05%	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : ₹20 + GST per order placed.	Call & Trade : ₹50 per executed order
Stamp Duty *	Stamp Duty : (On buy side only) Delivery: 0.015%, Intraday: 0.03%, Equity F&O: 0.002%, Commodity F&O: 0.002% and Currency F&O: 0.0001%	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side)	DP Charges (on sell side) : ₹13 plus ₹5.50 (CDSL charges) per scrip.	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : Adhoc / Non periodic statement requests: ₹25	Other Miscellaneous Charges : Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS

Upstox vs Zerodha Features

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

	Upstox	Zerodha
Trading Platform	Trading Platform : Upstox Pro Web, Dartstock, NEST Trader, Fox Trader	Trading Platform : Pi, Kite, NEST
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
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 : Yes
Unique features & Offers	Unique features & Offers : Single platform for stocks, MFs, Gold, IPOs, ETFs,	Unique features & Offers : Direct MFs, APIs
Referral Program	Referral Program : Yes	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Upstox vs Zerodha Demat Account Charges

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

	Upstox	Zerodha
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : NIL	Advance Deposit : Nil
AMC	AMC : ₹300	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹2 per certificate + courier charges of ₹35 per demat request for every 500 grams.	Dematerialisation Charges : ₹150 per certificate (+ ₹100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : ₹25 per certificate or 0.05% of the value whichever is higher	Rematerialisation Charges : ₹150 per certificate + CDSL charges + ₹100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹20 per debit instruction	Transaction Charges (debit) : ₹8 + ₹5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL charges)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : 0.05% of transaction charges subject to a minimum of ₹50	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : ₹50 per transaction	Failed Instruction Charges : ₹50 per instruction
Other Charges	Other Charges : Demat Rejection Charges: ₹35 per rejection	Other Charges : Cheque Bounce- ₹350 Physical Statement - ₹50 (Courier charges) Modification in CML - ₹25 per request KRA Upload / Download - ₹50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Upstox vs Zerodha Basic Details

Upstox Year of Incorporation is 2012 and Total Number of Clients is 2141095 and Total Number of Branches is 4 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 3602074 and Total Number of Branches is 22 .

	Upstox	Zerodha
Year of Incorporation	Year of Incorporation : 2012	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : No	Demat Services : No
Website	Website : www.upstox.com	Website : https://zerodha.com
Contact Details	Contact Details : +91-22-6130-9999	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 2141095	Total Number of Clients : 3602074
Total Number of Branches	Total Number of Branches : 4	Total Number of Branches : 22
Products *	Products : Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.	Products : Kite Web, Kite Mobile for Android/iOS and Coin

Upstox vs Zerodha Charts and Data

Upstox and Zerodha both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Upstox	Zerodha
Live data source	Live data source : Yes	Live data source : Yes
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 60+	No.of indicators : 111
No.of charts can be opened	No.of charts can be opened : 10	No.of charts can be opened : 13
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : Yes	Customizable screeners : Yes
Trading from charts	Trading from charts : Yes	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : Yes	Compare Symbol performance on Chart : No
Options charts	Options charts : Yes	Options charts : Yes
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : Yes	Intraday historical data for charts : 365 days on Pi
End of Day historical data for charts	End of Day historical data for charts : Yes	End of Day historical data for charts : 10 years on Pi
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : No
Back Testing	Back Testing : No	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : Yes	Analytics : Yes
Price Ladder	Price Ladder : No	Price Ladder : No

Upstox vs Zerodha Leverage

Leverage

	Upstox	Zerodha
Equity Delivery	Equity Delivery : 1x (no margin)	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Basic: 15x \| Priority: 20x \| Basic CO: 20x \| Priority CO: 27x	Equity Intraday : Up to 20x (based on the stock)
Equity Futures	Equity Futures : Basic: 3x \| Priority: 3x \| Basic CO: 5x \| Priority CO: 6x	Equity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Equity Options : Basic: 3x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 3x	Equity Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Currency Futures : Basic:4x \| Priority:4x \| Basic CO:4x \| Priority CO:5x	Currency Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Currency Options : Basic: 4x \| Priority: 4x \| Basic CO: 4x \| Priority CO: 5x	Currency Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Commodity Futures : Basic: 2.5x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 4x	Commodity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	Commodity Options : -	Commodity Options : -

Upstox vs Zerodha Orders

Orders

	Upstox	Zerodha
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
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

Upstox vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Upstox	Zerodha
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

Upstox vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Upstox	Zerodha
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.11,000

Upstox vs Zerodha Product & Services

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

	Upstox	Zerodha
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in 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 : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : No	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	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 : 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 : Yes	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

Upstox vs Zerodha Customer Services

Upstox and Zerodha 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:

	Upstox	Zerodha
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	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

Upstox vs Zerodha Other Investement

Upstox and Zerodha 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:

	Upstox	Zerodha
Commodity Trading *	Commodity Trading : Yes	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

Upstox vs Zerodha Trading PlatForm

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

	Upstox	Zerodha
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	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

Upstox vs Zerodha Company Information

	Upstox	Zerodha
Financials *	Financials : No	Financials : No
News *	News : -	News : -
Company Analysis *	Company Analysis : No	Company Analysis : No
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