Zerodha Vs Upstox – Broker Comparison

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

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

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

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