Broker Comparison
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-07-31
Key charges and account features side by side.
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| Feature | Angel One | Upstox |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Discount Broker |
| Account opening | ₹0 | Free |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹0 first year |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | ₹20 per executed order |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | ₹20 or 0.1% per executed order, whichever is lower |
| Futures | ₹20 per executed order | ₹20 or 0.05% per executed order, whichever is lower |
| Options | ₹20 per executed order | ₹20 per executed order |
| Commodity | Available only where enabled by the broker; verify current segment availability and tariff. | ₹20 per executed order or 0.05% (whichever is lower) |
| Currency | ₹20 per executed order | ₹20 per executed order or 0.05% (whichever is lower) |
| DP charges | ₹20 + 18%GST | ₹20.0 + GST |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹50 + GST |
| Call & trade | ₹20 / Order | ₹75 + GST |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | Approximately 2.5 million active clients. |
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
Upstox is a technology-driven discount broker in India that offers online investing and trading services at competitive charges. Users can trade in equities, commodities, currencies, futures, and options through its mobile and web-based platforms.
The company is backed by prominent investors, including Ratan Tata and Kalaari Capital. Upstox focuses on providing a simple, fast, and accessible trading experience for both beginners and active traders.
Its trading platforms offer advanced charts, technical indicators, watchlists, order management tools, and portfolio tracking features. Users can access equity delivery, intraday trading, futures and options, commodities, and currency derivatives through a single Upstox account.
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Yes, Angel One allows users to place GTT orders through its trading platform.
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
Upstox operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.
Upstox brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.
Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.
The products field on this page lists the major investment and trading segments available through Upstox. Availability and activation requirements may vary by user and segment.
Upstox may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.
