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Compare Zerodha vs Upstox – Find The Best Share Broker

Zerodha vs Upstox Charges

Account Opening and Demat ChargesZerodhaUpstox
Equity Trading Account Opening ChargesOnline – INR 200
Offline – INR 500
Zero (Free)
Commodity Account Opening ChargesINR 300Zero (Free)
Trading Account AMC ChargesZeroZero
Demat Account Opening ChargesZero (Free)Zero (Free)
Demat Account AMC ChargesINR 300 + GSTINR 150 + GST
Open Account LinkOpen Account With ZerodhaOpen Free Account With Upstox
  • Zerodha vs Upstox Brokerage Charges
ParticularsZerodhaUpstox
Equity DeliveryZero per orderINR 20 per order or 2.5%, whichever is lower
Equity IntradayINR 20 per order or 0.03%, whichever is lowerINR 20 per order or 0.05%, whichever is lower
Equity FuturesINR 20 per order or 0.03%, whichever is lowerINR 20 per order or 0.05%, whichever is lower
Equity OptionsINR 20 per executed orderINR 20 per executed order
Currency FuturesINR 20 per order or 0.03%, whichever is lowerINR 20 per order or 0.05%, whichever is lower
Currency OptionsINR 20 per executed orderINR 20 per executed order
Commodity FuturesINR 20 per order or 0.03%, whichever is lowerINR 20 per order or 0.05%, whichever is lower
Commodity Options INR 20 per executed orderINR 20 per executed order
Call & Trade ChargeINR 50 per executed orderINR 50 per executed order
Minimum Brokerage0.03% in Intraday and F&O0.05%
P&L/CMR ChargesINR 20 + INR 100 (courier charge)INR 20 per page
  • Upstox vs Zerodha Transaction Charges
ParticularsZerodhaUpstox
Equity Delivery NSE: 0.00325%| BSE: 0.00375% (Both Buy & Sell)NSE: 0.00325% (Both Buy & Sell)
Equity IntradayNSE: 0.00325%| BSE: 0.00375% (Both Buy & Sell)NSE: 0.00325% (Both Buy & Sell)
Equity FuturesNSE: 0.0019%NSE: 0.0019% (Both Buy & Sell)
Equity OptionsNSE: 0.05% (on premium)NSE: 0.050% (on premium)
Currency FuturesNSE: 0.0009%| BSE: 0.001%NSE: 0.0009%| BSE: 0.00022%
Currency OptionsNSE: 0.0009%| BSE: 0.00025%NSE: 0.035%| BSE: 0.001%
Commodity FuturesGroup A – 0.0026%MCX: 0.0026
Commodity Options0.05%0.05%

Zerodha vs Upstox – Active Clients and Complaints

ParticularsZerodhaUpstox
Number of Active Clients7,568,3463,204,717
Market Shares19.42%6.58%
Number of Complaints239116
Number of Complaints Resolved82.43%81.90%

Zerodha vs Upstox – Pros and Cons

ZerodhaUpstox
Pros·         India’s No. 1 broker in terms of the number of active clients
·         Maximum INR 20 per trade brokerage for all segments
·         Direct Free Mutual Fund Investment is available
·         NRI Trading account is available
·         Excellent trading platforms (Kite) are available for free
·         Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX)
·         Free equity delivery trades. No brokerage charges for Cash-N-Carry orders
·         Zero account opening fee
·         Maximum INR 20 per trade brokerage for all segments including equity delivery
·         Offers direct mutual funds
·         Zero brokerage for Mutual Fund investment
·         Doesn’t offer NRI Trading and Demat account
·         One app for trading in equity, currency, and commodity
·         Offers margin funding
Cons·         It does not offer a 3-in-1 account
·         Call & Trade is charged an extra INR 50 per order
·         It does not provide stock tips, research, and recommendations
·         It does not offer an AMC Free Demat account
·         No margin funding
·         Doesn’t offer a 3-in-1 account
·         Call-and-trade fee is INR 20 per executed order extra
·         Doesn’t offer stock tips or recommendations
·         Automatic settlement charges an additional Rs 50 per executed order
4.1/5 - (7 votes)

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