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 Charges||FREE||Equity-200, Commodity-100|
|AMC Charges/ year||Rs.300 + GST||Rs.300 + GST|
|3-in-1 Account||Available with IndusInd Bank||Available with IDFC First Bank|
|Mobile Registered with Aadhaar||Not compulsory, Uses E-Mudra Also||Must for online Process|
|Equity F&O / Currency / Commodity Brokerage||Max Rs.20/ executed order||Max Rs.20/ executed order|
|Brokerage Plans||Basic and Priority Plan for margin traders||Flat Brokerage|
|Equity Intraday Margin||Upto 5X in Priority Plan||Upto 5X only|
|Trading Platforms||Upstox Pro, Dartstox, Upstox Pro Web, Fox Trader||Kite 3.0 , kiteweb|
|Option Strategy Builder||Yes with Quick execution||Not Available|
|Charting System||TradingView and ChartIQ||ChartIQ + Trading View|
|API Monthly Cost||Rs. 800||Rs. 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.