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Upstox vs Zerodha (Compare Upstox and 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.

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: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.	Zerodha : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage	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	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 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.	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.
	Open Account	Open Account

Upstox vs Zerodha Account Opening & AMC Charges

Upstox Trading Account Opening Fee is Rs 0 (Free) and Zerodha Trading Account Opening Fee is Rs 200 . Upstox Demat Account AMC is Rs 150 and Zerodha Demat Account AMC is Rs 300 .

	Upstox	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 150	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Upstox vs Zerodha Brokerage Charges

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 . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Upstox	Zerodha
Plan Name	Plan Name : Basic Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : Rs 20 per executed order or 0.05% whichever is lower	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : Rs 20 per executed order or 0.05% whichever is lower	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : Rs 20 per executed order	Currency Options : Rs 20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : Rs 20
Commodity Futures	Commodity Futures : Rs 20 per executed order or 0.05% whichever is lower	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : Rs 20 per executed order	Commodity Options : Rs 20 per executed order or .03% whichever is lower
	Open Account	Open Account

Upstox vs Zerodha Exchange Transaction Charges

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) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) .

	Upstox	Zerodha
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| 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 335 per Cr (0.00335%) \| 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 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Group A - Rs 290 per Cr (0.0029%)	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Upstox vs Zerodha Other Charges

Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 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 : Rs 20 per trade	Call & Trade : Rs 50 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
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 : Auto Square-off Charges: Rs 50	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
	Open Account	Open Account

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, iOS and Android Algola	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin
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 : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	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
	Open Account	Open Account

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 : Rs 249	Account Opening Fee : Rs 50 (Stamp charges payable upfront)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Rs 0
AMC	AMC : Rs 150	AMC : Individuals/Non Individual (except Corporate) - Rs 300 + GST Non Individual - Corporate - Rs 1000
Dematerialisation Charges	Dematerialisation Charges : Rs 2.00 per certificate plus courier charges of Rs 35 per demat request	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : Rs 25 per certificate or 0.05% of the value whichever is higher.	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 13 + Rs 5.50 (CDSL charges) per scrip.	Transaction Charges (debit) : Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation 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 Charges : Rs 30 per request + GST
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 Creation Confirmation Charges : Rs 0
Pledge Invocation Charges	Pledge Invocation Charges : 0.05% of the transaction charges subject to a minimum of Rs 50	Pledge Invocation Charges : Rs 20
Failed Instruction Charges	Failed Instruction Charges : Rs 50 per transaction	Failed Instruction Charges : Rs 50 per ISIN
Other Charges	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.	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
	Open Account	Open Account

Upstox vs Zerodha Basic Details

Upstox Year of Incorporation is 2012 and Total Number of Clients is 2501173 and Total Number of Branches is 4 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 7223525 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 : 2,501,173	Total Number of Clients : 7,223,525
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
	Open Account	Open Account

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

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
	Open Account	Open Account

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
	Open Account	Open Account

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 : No
Call N Trade *	Call N Trade : Yes	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 : 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
	Open Account	Open Account

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
	Open Account	Open Account

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
	Open Account	Open Account

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
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	Open Account	Open Account

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Upstox vs Zerodha (Compare Upstox and Zerodha)

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

Upstox

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Upstox vs Zerodha Account Opening & AMC Charges

Upstox vs Zerodha Brokerage Charges

Upstox vs Zerodha Exchange Transaction Charges

Upstox vs Zerodha Other Charges

Upstox vs Zerodha Features

Upstox vs Zerodha Demat Account Charges

Upstox vs Zerodha Basic Details

Upstox vs Zerodha Orders

Upstox vs Zerodha Research and Advice / Trading Tips

Upstox vs Zerodha Franchisee / Authorized Person related information

Upstox vs Zerodha Product & Services

Upstox vs Zerodha Customer Services

Upstox vs Zerodha Other Investement

Upstox vs Zerodha Trading Platform

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