Upstox Vs Zerodha | Quick Overview with the help of Tables

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upstox vs zerodha

Upstox vs Zerodha

Upstox vs Zerodha! These platforms offer the same products and services, at the same brokerage fees and both are popular as excellent online trading platforms. Here in this post, we are going to deeply compare the Upstox and Zerodha. After reading this post you will definitely be able to go ahead to experience online trading by selecting one from Upstox and Zerodha.

Upstox Vs Zerodha Difference

  • Zerodha has a consistent business strategy and strong management since its establishment in 2010. Upstox business strategies and management change frequently.
  • Upstox extends integration to third-party trading platforms like Fox Trader, Dartstock including NEST Trader. While Zerodha only grants Kite as a trading platform.
  • Customers at Upstox required to buy a compulsory prepaid plan, that starts with minimum Rs 249. Individuals who only wish to trade equity delivery, which is brokerage free,  still have to purchase a prepaid plan at Upstox. On the other side, Zerodha does not have any compulsory prepaid plan.
  • Upstox proposes priority brokerage plan which has leverage up to 25x on Intraday, Futures & Options. But for customers at Zerodha only has one simple plan.
  • Zerodha has much more powerful focus in investment in technology which results in more trustworthy trading experiences, trading tools and customer support.

Also Visit: Everything About Zerodha | Frequently Asked Questions

Upstox Vs Zerodha Similarities

  • Online trading possible at BSE, NSE and MCX.
  • Invest in direct mutual funds.
  • Brokerage free equity delivery trades.
  • Flat Rs 20 per trade brokerage fee for F&O and intraday.
  • Excellent trading platforms.
  • Transparent business model.
  • Customer-friendly Environment.
  • No research reports or recommendations.
  • No relationship managers.

Also Visit: What is Upstox? Does Upstox is safe?

Compare the Zerodha & Upstox with the help of our smart table…

Let’s get a quick Overview…

Overview of  Zerodha & Upstox

Overview Zerodha Upstox
Company Type Private Private
Broker Type Discount Broker Discount Broker
Headquarters Bangalore, India Mumbai, India
Founder Nithin Kamath Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath
Established Year 2010 2009

Zerodha vs RKSV Customer Ratings Comparison

Customer Ratings Zerodha Upstox
Experience 5.7/10 5.3/10
Products & Services 8.5/10 6.5/10
Brokerage Charges & Fees 9.5/10 9.5/10
Stock Research & Advisory 4.0/10 3.0/10
Trading Platforms 9.0/10 6.5/10
Overall Ratings 7.4/10 6.2/10
Star Ratings ★★★★★ ★★★☆☆
Total Client Reviews 1865 598

Zerodha vs Upstox Demat Account Comparison

Demat Services Zerodha Upstox
Depository Source CDSL CDSL
Account Opening Charges Rs.300 Rs.150
Demat AMC Charges Rs.300 per Annum Rs.150 per Annum
Trading AMC Charges Free Free
Margin Money Zero Zero
Offline to Online No No

Upstox vs Zerodha Brokerage Charges Comparison

Brokerage Charge & Fees Zerodha Upstox
Equity Delivery Trading Free Zero
Equity Intraday Trading Rs.20 Per Order Rs.20
Commodity Options Trading Rs.20 Per Order Rs.20
Equity Futures Trading Rs.20 Per Order Rs.20
Equity Options Trading Rs.20 Per Order Rs.20 per lot
Currency Futures Trading Rs.20 Per Order Rs.20
Currency Options Trading Rs.20 Per Order Rs.20 per lot
Minimum Brokerage Zero Rs.20
Demat AMC Charges Rs.300 per Annum Rs.150 per annum
Trading AMC Charges Free Free
Margin Money Zero Zero

RKSV & Zerodha Other Charges Comparison

Other Charges Zerodha Upstox
Transaction Charges 0.00325% of Total Turnover 0.00275% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Conclusion

Zerodha is much better in comparison of Upstox because of its heavy focus is on clarity in business strategies, technology, strong management and a very advanced puddle of employees.

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