Comparison – UPSTOX Vs Zerodha
Upstox | Zerodha | |
Year of Incorporation | 2008 | 2010 |
Exchanges enabled | NSE, BSE & MCX | NSE, BSE, MCX-SX, MCX, & NCDEX |
Demat (NSDL/CDSL) | NSDL- Partnership with ILFS | CDSL |
Brokerages | ||
Equity | 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) | 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) |
Equity Futures | Rs 20/executed order or 0.01% whichever is lower | Rs 20/executed order or 0.01% whichever is lower |
Equity Options | Rs 20/executed order or 0.01% whichever is lower | Rs 20/executed order or 0.01% whichever is lower |
Currency Futures | Rs 20/executed order or 0.01% whichever is lower | Rs 20/executed order or 0.01% whichever is lower |
Currency Options | Rs 20/executed order or 0.01% whichever is lower | Rs 20/executed order or 0.01% whichever is lower |
Commodity | Rs 20/executed order or 0.01% whichever is lower | Rs 20/executed order or 0.01% whichever is lower |
Account opening charges | ||
Trading and Demat | Nill | Rs 300 if couriered & Rs 200 if you print the form |
Only Trading | Nill | Rs 200 if couriered & Rs 100 if you print the form |
Commodity | Nill | Rs 300 if couriered & Rs 200 if you print the form |
Trading Tools | ||
Platforms | Mobile/ web/ desktop | Mobile/ web/ desktop |
Charting | 22 days | 365 days on Zerodha Pi |
Margins & Leverage Provided | ||
Equity | Upto 20 times for intraday, 0 for delivery | Upto 20 times intraday, 0 for Delivery |
Equity Futures | Upto 4 times for intraday | Upto 7 times intraday leverage |
Equity Options | Buying no leverage, shorting upto 4 times for intraday | Buying no leverage, Shorting upto 7 times leverage intrdaday |
Currency Futures | Upto 4 times for intraday | 2 times intraday leverage |
Currency Options | Buying no leverage, shorting upto 4 times for intraday | Buying no leverage, Shorting upto 2 times intraday leverage |
Commodity | Upto 3 times for intraday | 2.5 times intraday leverage |
Serviceable | ||
3 in 1 Account | NO | NO |
Instant Fund withdrawal | NO | No |
Instant Fund Transfer | YES | YES |
Relationship Managers | NO | No |