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
Pioneer of discount broking with India's benchmark Kite trading platform
| Feature / Metric | Upstox | Zerodha |
|---|---|---|
| Category | discount | discount |
| Active NSE Clients | 25+ Lakhs (Rank #4) | 76+ Lakhs (Rank #2) |
| Account Opening Fee | ₹0 (Free Digital Onboarding) | ₹200 (Equity & F&O) |
| Annual Maintenance Charges (AMC) | ₹0 (Zero Demat AMC on Upstox Basic) | ₹300/year + 18% GST (Billed ₹75/quarter) |
| Equity Delivery Brokerage | ₹20 or 2.5% (whichever is lower) per order | ₹0 (Free Lifetime) |
| Equity Intraday Brokerage | ₹20 or 0.05% (whichever is lower) per order | ₹20 or 0.03% (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 debit per ISIN (CDSL) |
| Margin Trading (MTF) Interest Rate | 14.99% p.a. (Margin Trading Facility) | 10.5% p.a. (0.028% per day via Margin Trading Facility) |
| Developer / Algorithmic API | ₹1,000/month (Upstox Pro API) | ₹2,000/month (Kite Connect API) + ₹2,000 for Historical Data |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.03% | 0.02% |
Mobile-first traders wanting a stable, modern app with both basic investment and advanced option trading modes.
Serious long-term investors, swing traders, and active traders demanding a clean, stable UI.
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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