Upstox vs Karvy – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Upstox vs Karvy. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between Upstox vs Karvy along with differences.

Upstox vs Karvy

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

This Upstox vs Karvy comparison will give a very detailed overview of which stock broker is suitable for you.


Now let’s Compare Upstox vs Karvy:

Overview of Upstox & Karvy

OverviewUpstoxKarvy
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersMumbai, IndiaHyderabad, India
FounderRaghu Kumar, Ravi Kumar & Shrinivas VishvanathC Parthasarathy
Established Year20091983

RKSV vs Karvy Customer Ratings Comparison

Customer RatingsUpstoxKarvy
Experience5.3/106.0/10
Products & Services6.5/106.5/10
Brokerage Charges & Fees9.5/107.0/10
Stock Research & Advisory3.0/106.7/10
Trading Platforms6.5/106.5/10
Overall Ratings6.2/106.5/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews5981265

Upstox vs Karvy Demat Account Comparison

Demat ServicesUpstoxKarvy
Depository SourceCDSLCDSL
Account Opening ChargesRs.150Free
Demat AMC ChargesRs.150 per AnnumRs.500 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroZero to Rs.1 lakh
Offline to OnlineNoNo

Karvy vs Upstox Brokerage Charges Comparison

Brokerage Charge & FeesUpstoxKarvy
Equity Delivery TradingZero0.1% – 0.3%
Equity Intraday TradingRs.200.01% – 0.03%
Commodity Options TradingRs.200.01% – 0.03%
Equity Futures TradingRs.200.01% – 0.03%
Equity Options TradingRs.20 per lotRs.10 – Rs.30 per lot
Currency Futures TradingRs.200.01% – 0.03%
Currency Options TradingRs.20 per lotRs.10 – Rs.30 per lot
Minimum BrokerageRs.20Percentage of Transacton
Demat AMC ChargesRs.150 per annumRs.500 per annum
Trading AMC ChargesFreeFree
Margin MoneyZeroZero to Rs.1 lakh
Brokerage CalculatorUpstox Brokerage CalculatorKarvy Brokerage Calculator

Karvy & RKSV Other Charges Comparison

Other ChargesUpstoxKarvy
Transaction Charges0.00275% of Total Turnover0.00325% of Total Turnnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare Karvy & Upstox Offers

OffersUpstoxKarvy
Free Demat AccountSR
Free Trading AccountRS
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Upstox vs Karvy

ServicesUpstoxKarvy
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisoryRS
PMSSR
Trading InstitutionSS
Trading ExposureUpto 20xUpto 20x

Compare Karvy & Upstox Research & Advisory

Research & AdvisoryUpstoxKarvy
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSS
IPO ReportsSR
Top PicksSS
Daily Market ReviewSS
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Upstox vs Karvy Exposure/Leverage

Exposure / LeverageUpstoxKarvy
Equity DeliveryUpto 5xUpto 10x
Equity IntradayUpto 20xUpto 20x
Equity FuturesUpto 7xUpto 10x
Equity OptionsUpto 8xUpto 15x
Currency FuturesUpto 5xUpto 12x
Currency OptionsUpto 6xUpto 10x
CommoditiesUpto 7xUpto 12x

Upstox vs Karvy Product Comparison

ProductsUpstoxKarvy
Equity TradingRR
Commodity TradingNoR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsSR
ForexSS
BankingSS
SIPSR
InsuranceSS

Upstox vs Karvy Trading Platform Comparison

Trading PlatformsUpstoxKarvy
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

Upstox vs Karvy Customer Support

Customer SupportUpstoxKarvy
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Support Number022 – 6130 9999040 – 6750 6200
Email SupportRR
Chat SupportSS
Toll Free NumberS1800 419 8283
BranchesZero110

Upstox vs Karvy Customer Complaints

Complaints (Current Year)UpstoxKarvy
Lodged in BSE185210
Resolved in BSE126185
Lodged in NSE175165
Resolved in NSE139143

 


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