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

Here is a detailed comparison of Zerodha vs Upstox. Zerodha is the largest discount broker in the country while Upstox is currently growing at a very poor scale. This comparison is quite competitive because both zerodha & upstox are discount brokers.

Zerodha vs Upstox

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

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


Now let’s Compare Upstox & Zerodha

Overview of Zerodha & Upstox

OverviewZerodhaUpstox
Company TypePrivatePrivate
Broker TypeDiscount BrokerDiscount Broker
HeadquartersBangalore, IndiaMumbai, India
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhRaghu Kumar, Ravi Kumar & Shrinivas Vishvanath
Established Year20102011

Zerodha vs Upstox Customer Ratings Comparison

Customer RatingsZerodhaUpstox
Experience8.7 / 108.1 / 10
Products & Services9.4 / 108.0 / 10
Brokerage Charges & Fees9.5 / 107.9 / 10
Stock Research & Advisory9.6 / 109.0 / 10
Trading Platforms8.5 / 105.0 / 10
Overall Ratings9.14 / 107.90 / 10
Star Ratings★★★★★★★★☆☆
Total Client Reviews58932147

Zerodha vs Upstox Demat Account Comparison

Demat ServicesZerodhaUpstox
Depository SourceCDSLCDSL
Account Opening ChargesRs.200Rs 0 (Free)
Demat AMC ChargesRs.300 per AnnumRs 249
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineSS

Upstox vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaUpstox
Equity Delivery TradingRs 0 (Free)Zero
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.20 per executed order or 0.05% (whichever is lower)
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.20 per executed order or 0.05% (whichever is lower)
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.20 per executed order or 0.05% (whichever is lower)
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Flat Rs.20 per executed order
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.20 per executed order or 0.05% (whichever is lower)
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderFlat Rs.20 per executed order
Minimum BrokerageZeroRs.20
Demat AMC ChargesRs.300 per AnnumRs.249
Trading AMC ChargesFreeRs. 354
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorUpstox Brokerage Calculator

Upstox & Zerodha Other Charges Comparison

Other ChargesZerodhaUpstox
Transaction Charges0.00325% of Total Turnover0.00275% of Total Turnover
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover ChargesRs 10 / Crore0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Upstox & Zerodha Offers

OffersZerodhaUpstox
Free Demat AccountSS
Free Trading AccountSR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansSS
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs Upstox

ServicesZerodhaUpstox
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSS
Robo AdvisorySR
PMSRS
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare Upstox & Zerodha Research & Advisory

Research & AdvisoryZerodhaUpstox
Fundamental ReportsSS
Research ReportsSS
Company ReportsSS
Annual ReportsSS
Company Stock ReviewSS
Free Stock TipsSS
IPO ReportsSS
Top PicksSS
Daily Market ReviewSS
Monthly ReportsSS
Weekly ReportsSS
Offline AdvisorySS
Relationship ManagerSS

Zerodha vs Upstox Exposure/Leverage

Exposure / LeverageZerodhaUpstox
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorUpstox Margin Calculator

Zerodha vs Upstox Product Comparison

ProductsZerodhaUpstox
Equity TradingRR
Commodity TradingRS
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRS
ForexSS
BankingSS
SIPRS
InsuranceSS

Zerodha vs Upstox Trading Platform Comparison

Trading PlatformsZerodhaUpstox
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

Zerodha vs Upstox Customer Support

Customer SupportZerodhaUpstox
Dedicated DealerSS
Offline TradingSS
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesZeroZero

Zerodha vs Upstox Customer Complaints

Complaints (Current Year)ZerodhaUpstox
Lodged in BSE220185
Resolved in BSE217126
Lodged in NSE189175
Resolved in NSE185139

 


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