| Zerodha | Upstox | |
| About | Zerodha is No.1 Broker discount broker in India with more than 5 Millions Active user. The Company founded in 2010 by Nitin and Nikhil Kamath. It offer trading at NSE, BSE, MCX and NCDEX. | Upstox is No.2 Broker discount broker in India with more than 4 Millions Active user. The Company founded in 2012 by Raghu Kumar, Ravi Kumar, S Vishwanath. It offer trading at NSE, BSE, MCX. |
| Type of Broker | Discount Broker | Discount Broker |
| Year of Incorporation | 2010 | 2012 |
| Founders | Nithin Kamath, Nikhil Kamath | Raghu Kumar, Ravi Kumar, S Vishwanath |
| Head Quarter | Bangalore | Mumbai |
| Users | 5 Millions | 4 Millions |
|
Zerodha Vs Upstox Charges & AMC |
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| Trading Account Opening Charges | Rs 200 | Rs 249 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 177 |
|
Zerodha Vs Upstox Brokerage |
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| Fixed Charges | N/A | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 20 per executed order or 0.03% whichever is lower | Rs 20 per executed order |
| Special Offer | ||
