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.
Backed by Ratan Tata with ultra-responsive Upstox Pro mobile & web platform
India's #1 stock broker by active client count with an ultra-intuitive mobile UI
| Feature / Metric | Upstox | Groww |
|---|---|---|
| Category | discount | discount |
| Active NSE Clients | 25+ 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 Rate | 14.99% 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 Ratio | 0.03% | 0.03% |
Mobile-first traders wanting a stable, modern app with both basic investment and advanced option trading modes.
Beginners, first-time investors, SIP mutual fund accumulators, and casual equity buyers.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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