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Zerodha vs Upstox: both all best online stock broker trading app in India it boths provide different and wide range of features and services which is help you in take right decision in buying best stocks & Shares .
so, in this article we detailed Analysis and compare on Zerodha vs Upstox which is better in service and features.
incorporated in 2010, Zerodha is dicount broker platform that’s provide trading at BSE, NSE and MCX and it has 22 more branches across all over India and Upstoatx is a Discount Broker Trading platform it offers trading at NSE, BSE and MCX.
Zerodha vs Upstox: About
Zerodha
Zerodha: it has 3 apps including ( Zerodha coin, Zerodha Varasity and Zerodha kite ), Zerodha kite is one of the best and largest retail, stock broker, providing a range of online trading and Investment Service trading App and you can trade from Anywhere, Zerodha coin is Designed for online mutual Funds, Zerodha varasity provide stock market Details and Explanations.
Upstox
Upstox: it is a prominent discount broker online trading platform in India. its providing trading services & Equities, commodities, currency, future & options. The Company Emphasizes technology, Innovation, Features and Advance charting tools for Market Analysis and Educational Resources. it is known for his Low-cast Trading & Investment platform to users.
Zerodha vs Upstox: Overview
Details Zerodha Upstox Type of Broker Discount Broker Discount Broker Founded in 2010 2012 users 15M+ 5M+ users in india Number of Branches 75+ 50+ Downloads on Playstore 10M+ 10M+ Exchange Membership BSE, NSE, MCX and NCDEX BSE, NSE and MCX Founders Nithin Kamath and Nikhil Kamath Maheswaran Mohan Rao, Shrinivas Viswanathan, Raghu Ram KG, Ravi Kumar Chari Ratings on Play Store 4.4 out of 5.0 (Based on 326k votes) 4.3 out of 5.0 (Based on 250k votes)Website https://zerodha.com/ upstox.com
Zerodha vs Upstox: Features
Account Feature Compare Zerodha Upstox 3 in 1 Account Online Demo SMS Alerts Online Portfolio Margin Trading Funding Available up to 50% Combined Ledger for Equity and Commodity Charting Advance charting with over 100 Indicators Advance charting with over 100 Indicators Intraday Square-off time 3:20 PM 3:10 PM NRI trading other Features NIL NIL Algo Trading
Zerodha vs Upstox: Transaction Charges
Transaction Charges Compare Zerodha Upstox Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Zerodha vs Upstox: Leverage Margin
Segment Zerodha Leverage Upstox Leverage Equity Delivery 100% of trade value (1x Leverage) 100% of trade value (1x Leverage) Equity Intraday up to 20% of trade value (5x Leverage) up to 20% of trade value (5x Leverage) F&O (Eq, Curr, Comm) 100% NRML Margin (Span + Exposure) (1x Leverage) 100% NRML Margin (Span + Exposure) (1x Leverage)
Zerodha vs Upstox: Regulatory
Feature Zerodha Upstox SEBI Registeration Yes Yes NSE Membership Yes Yes BSE Membership Yes Yes
Zerodha vs Upstox: Investment Options
Investment Option Zerodha Upstox Stock/Equity Yes Yes Commodity Yes Yes IPO Yes Yes Currency Yes Yes Mutual Funds Yes Yes Debt Yes Yes Bond/NCD Yes Yes Other Investment Options Direct Mutual Funds Direct Mutual Funds
Zerodha vs Upstox: Review
Zerodha Upstox 480 Customers Reviews 147 Customers Reviews Fees ⭐⭐⭐⭐✰ ⭐⭐⭐⭐✰ Brokerage ⭐⭐⭐⭐⭐ ⭐⭐⭐⭐✰ Trading Platform ⭐⭐⭐⭐⭐ ⭐⭐⭐⭐⭐ Customer Service ⭐⭐⭐✰✰ ⭐⭐⭐✰✰ Research Capabilities ⭐⭐⭐✰✰ ⭐⭐⭐✰✰ Overall Ratings ⭐⭐⭐⭐✰ ⭐⭐⭐✰✰ Broker Rating 3.7 out of 5.0 (Based on 480 customer votes) 2.4 out of 5.0 (Based on 147 customer votes)
Zerodha vs Upstox: Pros
Zerodha Pros Upstox Pros India’s No. 1 broker in terms of the number of active clients and exchange volume Simple and easy trading platforms Safe, reliable, and most technologically advanced broker in India Zero account opening fee Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX) Margin Against Share is available Direct Mutual Fund Investment is Available Inhouse Brokerage Calculator NRI Trading Account is Available Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000 Free Equity delivery trades No Brokerage Charges for Cash & Delivery Flat Rs 20 per trade brokerage for all other segments including equity delivery India’s best Broker in terms of the Number of Active Clients and Exchange Volume. Online IPO, FPO, Bonds, and NCD’s are available Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Instant digital account opening. Flat Rs 20 per trade brokerage for all other segments. Online IPO application services.
Zerodha vs Upstox: Cons
Zerodha Cons Upstox Consit does not provide stocks tips, research, and recommendations. Equity delivery brokerage fee is Rs 20 per trade it does not offer an AMC free Demat account. Doesn’t offer 24/7 customer support It Does not offer offer 3-in-1 Account. Doesn’t offer unlimited trading plans No margin funding. Automatic settlement charges an additional Rs 50 per executed order it does not offer Monthly unlimited trading Plans. Doesn’t offer BTST Auto Square-off is changed an extra ₹50 per order. Doesn’t offer stock tips or recommendations Call & Trade is charged an extra ₹50 per order. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
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