Zerodha vs Upstox- Compare All Hidden Charges

  • Post category:news
Aug 3, 2020, 4:00 PM

Full Comparision of Zerodha and Upstox, hidden Charges, brokerage charges, account opening Charges, intraday trading charges, delivery brokerage charges, margin trading charges in year 2020.

  Account Opening  ChargesFREEEquity-200, Commodity-100
 AMC Charges/  yearRs.300 + GSTRs.300 + GST
 3-in-1 AccountAvailable with IndusInd BankAvailable with IDFC First Bank
 Mobile Registered with AadhaarNot compulsory, Uses E-Mudra AlsoMust for online Process
 Equity F&O /  Currency /  Commodity  BrokerageMax Rs.20/ executed orderMax Rs.20/ executed order
 Brokerage PlansBasic and Priority Plan for margin tradersFlat Brokerage
 Equity Intraday  MarginUpto 5X in Priority PlanUpto 5X only
 Trading  PlatformsUpstox Pro, Dartstox, Upstox Pro Web, Fox TraderKite 3.0 , kiteweb
 Option Strategy  BuilderYes with Quick executionNot Available
 Charting SystemTradingView and ChartIQChartIQ + Trading View
 Best forTradersInvestors
 API Monthly Cost Rs. 800Rs. 2000
Zerodha AMC Charges for maintaining a demat account at Zerodha:
  • Rs. 300 + 18% GST – For individuals, HUFs, partnership firms, and LLPs
  • Rs. 1000 + 18% GST – For corporates, i.e. private and public companies 
  • For IL&FS demat (accounts opened before 15th Sep 2015), it is Rs. 400 + 18% GST 
The AMC is directly charged from your trading account balance once in a quarter. 
Note: AMC is charged per quarter (at applicable AMC charges divided by 4) i.e. every three months starting from the date of account opening.