Zerodha or Upstox Choosing the right stockbroker is crucial for seamless trading and investing.
Zerodha and Upstox are two of the most popular discount brokers in India, each offering competitive pricing, powerful trading platforms, and unique features.
which one is best for you? In this in-depth comparison, we analyze Zerodha vs. Upstox based on brokerage fees, platform usability, features, and more.
Zerodha vs. Upstox: Quick Comparison
Feature | Zerodha | Upstox |
---|---|---|
Account Opening Fee | ₹200 (Equity) / ₹300 (Equity + Commodity) | ₹0 (Limited-time offer) |
AMC (Annual Maintenance) | ₹300 per year | ₹0 for first year, ₹150/year thereafter |
Brokerage Charges | ₹20 or 0.03% per executed order (whichever is lower) | ₹20 per order |
Trading Platform | Kite | Upstox Pro |
Mutual Fund Investment | Yes (via Coin) | Yes |
Customer Support | Good | Average |
1. Brokerage Fees & Charges
- Zerodha: Charges ₹20 or 0.03% per order, whichever is lower.
- Upstox: Flat ₹20 per trade for intraday, F&O, and commodities.
- Verdict: Zerodha is slightly cheaper for high-volume traders due to the percentage-based brokerage cap.
2. Trading Platforms & Features
Zerodha – Kite
- Simple and clean interface.
- Advanced charting with 100+ indicators.
- Integration with Coin (Mutual Funds).
- Seamless UPI-based fund transfers.
Upstox – Upstox Pro
- Feature-rich trading platform.
- Faster order execution.
- Option to invest in IPOs, Mutual Funds.
- Limited-time ₹0 account opening fee.
- Verdict: If you prefer a lightweight platform with easy navigation, Zerodha Kite is better. For more features, Upstox Pro has the edge.
3. Customer Support & User Experience
- Zerodha: Responsive support but lacks 24/7 assistance.
- Upstox: Support is available via chat and call, but some users report slower response times.
- Verdict: Zerodha has a better track record for customer support.
4. Best for Beginners & Advanced Traders
- Beginners: Upstox (due to free account opening and easy onboarding).
- Advanced Traders: Zerodha (better tools and reliability).
Final Verdict: Which One Should You Choose?
- If you want low brokerage fees, reliable execution, and excellent research tools, go for Zerodha.
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- If you prefer a feature-rich trading platform, faster execution, and free account opening, Upstox is a great choice
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Which platform do you prefer? Let us know in the comments!
Also Read:
Best Stock Market Apps in India (2025). |
5 Best High Dividend Yield Stocks in India |
(Disclaimer: The information provided in this article is for educational and informational purposes only and should not be considered as financial or investment advice. Stock market investments are subject to risks, and past performance does not guarantee future results. Please conduct your own research or consult a qualified financial advisor before making any investment decisions. The author and the website are not responsible for any financial losses that may occur based on the information provided.)