Zerodha Vs Upstox

Zerodha Vs Upstox – An Overview

Upstox and Zerodha are India’s best discount brokers with the most extensive client base and offer the lowest brokerage and user-friendly trading platforms. 

Zerodha is India’s largest stockbroker, with over 20+ Lakhs active clients in India. Zerodha has gained prominence for providing the best Demat account services and user- friendly trading platforms to its clients. 

Upstox is one of the best stockbrokers in India with over 5+ Lakhs active clients. 

Upstox provides trading on segments like equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. You can also invest in Mutual Funds using Upstox.

Zerodha Vs Upstox – Demat Account Comparisons

Let’s compare the Demat Account Features below.  

Demat Account Features

Zerodha Vs Upstox – Account Opening Charges Comparison

The Zerodha account opening online charges is Rs. 200 for equity and Rs. 100 for commodities. If you are willing to trade on both equity and Zerodha commodity then it will charge Rs. 300. 

On the other hand, Upstox account opening charges for equity is Rs. 150 and for commodity, it is Rs. 150. 

You can avail Upstox coupon code and Zerodha coupon code to get free benefits while account opening. 

Zerodha Vs Upstox – Brokerage Charges Comparison

The brokerage charges for both Upstox vs Zerodha are the same in Equity Intraday,  F&O, commodity & currency which is 0.01% or Rs. 20 per trade, whichever is lower. 

Equity delivery for both Zerodha and upstox is free.  You can also check the actual brokerage charged by using Upstox Brokerage Calculator and Zerodha Brokerage Calculator.

More details on Zerodha vs Upstox  brokerage charges is in the table provided below

Zerodha Vs Upstox – Leverage Margin Comparison

For NSE/BSE cash the Zerodha margin is up to 14 times and the upstox leverage is up to 15 times. 

The Zerodha leverage for Index futures, stock futures, index options 

sell, stocks options sell, and NSE currency is up to 2 times and in Upstox leverage is up to 4 times. 

The Zerodha margin for MCX futures is up to 2 times and in upstox, it is up to 2.5 times. 

Thus, Upstox is giving more margin money compared to the Zerodha margin.

You can calculate the actual margin provided by the stockbroker using Upstox Margin Calculator and Zerodha Margin Calculator

Zerodha Vs Upstox – Trading Platform Comparison

We have compared all the important features of the Upstox app and the Zerodha Trading Platform. This comparison covers Desktop Trading Platform, Web, Mobile Android, and iOS. You can check the Order types in Zerodha Kite Application.

It is recommended to understand the Zerodha Login process before Buying and selling the shares using Zerodha.

Zerodha Vs Upstox – Investment Offerings Comparison

Here we compared Upstox with Zerodha on Investment Offerings like Online IPO Application through Zerodha Console, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, ETF, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services using Zerodha Coin Application. 

Zerodha Vs Upstox – Support Portal Comparison

Here we compared Upstox customer care with Zerodha Support provided by the stockbroker. The type of service provided by both the stockbrokers is compared for a quick resolution of queries or issues. It is recommended to understand the Upstox Login process before Buying and selling the shares using Upstox.

Zerodha Vs Upstox- FAQs

Is Zerodha Better Than Upstox?

Both Zerodha and Upstox offer cheap brokerage charges for the Demat account with user-friendly platforms for trading. 

Is Zerodha Safe For Beginners?

Yes, Zerodha is safe and provides user-friendly web, mobile, and desktop applications, which helps a beginner to understand them easily.

Does Upstox Provide A Free Account Opening?

Yes, You can use Upstox Coupon Code to open a free account in upstox.