Head-to-Head Brokerage Showdown (2026)

Upstox vs Groww

Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.

U

Upstox

4.6 / 5.0
Backed by Ratan Tata

Backed by Ratan Tata with ultra-responsive Upstox Pro mobile & web platform

G

Groww

4.7 / 5.0
#1 Active Clients

India's #1 stock broker by active client count with an ultra-intuitive mobile UI

Side-by-Side Fee & Platform Matrix

Feature / MetricUpstoxGroww
Categorydiscountdiscount
Active NSE Clients25+ Lakhs (Rank #4)1.2+ Crore (Rank #1)
Account Opening Fee₹0 (Free Digital Onboarding)₹0 (Free 100% Digital KYC)
Annual Maintenance Charges (AMC)₹0 (Zero Demat AMC on Upstox Basic)₹0 (Lifetime Zero AMC)
Equity Delivery Brokerage₹20 or 2.5% (whichever is lower) per order₹20 or 0.05% (whichever is lower) per order
Equity Intraday Brokerage₹20 or 0.05% (whichever is lower) per order₹20 or 0.05% (whichever is lower) per order
Equity Options Brokerage₹20 flat per executed order₹20 flat per executed order
CDSL DP Charges (Per Sell Debit)₹18.50 + GST per debit transaction₹13.50 + GST per company debit per day
Margin Trading (MTF) Interest Rate14.99% p.a. (Margin Trading Facility)12% p.a. (Groww Pay Later / MTF)
Developer / Algorithmic API₹1,000/month (Upstox Pro API)Not Publicly Available
TradingView Chart Integration✓ Included✓ Included
NSE Complaint Ratio0.03%0.03%
#1

When Should You Choose Upstox?

Mobile-first traders wanting a stable, modern app with both basic investment and advanced option trading modes.

  • Prestigious backing by Mr. Ratan Tata and Tiger Global with strict security protocols
  • Upstox Pro platform features high-refresh TradingView and ChartIQ chart libraries
  • Dual modes: "Invest" mode for beginners and "Pro" mode for active derivative traders
#2

When Should You Choose Groww?

Beginners, first-time investors, SIP mutual fund accumulators, and casual equity buyers.

  • Lifetime Zero AMC and ₹0 account opening fee with paperless 5-minute Aadhaar KYC
  • The cleanest and most beginner-friendly mobile application on Dalal Street
  • Unified portfolio dashboard seamlessly combining Equities, Direct SIP Mutual Funds, and US Stocks

Dalal Street Brokerage & Tax Calculator

Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.

Net Realized P&L
+₹4756.64
Gross P&L: ₹5000.00
Total Brokerage & Taxes
₹243.36
Brokerage: ₹0.00 | Govt Taxes: ₹243.36
Breakeven Price
₹1002.43
Need +₹2.43/share to cover costs
STATUTORY CHARGES BREAKDOWNTotal Turnover: ₹2,05,000
Brokerage (Zerodha)₹0.00
STT / CTT (Securities Transaction Tax)₹205.00
Exchange Turnover Charge (NSE)₹6.09
GST (18% on Brokerage & Trans. Charges)₹1.13
SEBI Turnover Charges₹0.20
Stamp Duty₹15.00
CDSL DP Charges (Upon selling)₹15.93
Z
ZerodhaBenchmark of India

Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity

Open Zerodha Demat Account

Upstox vs Groww Community Poll & Discussions

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