Which discount broker is better, Zerodha or Upstox?

Hello Everyone!!

Competition is high in market, between Discount brokers, previously we have only Traditional brokers.

After introducing discount brokers in India, most of the clients shifted from traditional to discount brokers.

This percentages has been increased after demonetisation, i think this is good for Indian economy, people coming forward to invest in stocks and mutual funds.

As of now , there are only two top brokers

  • Discount brokers : Zerodha and Upstox

People showing more interest towards discount broker like Zerodha and Upstox

Coming to Zerodha :

  • First discount broker in India
  • No .1 and leading broker in India
  • With 1.5 million clients
  • 1500+ customer support

Awards and Recognition

  • Best Retail Brokerage Firm form NSE for the year 2018
  • Similar award form E&Y and Economic Times

Highlights of Zerodha

How Zerodha broker has become No .1 in India

  1. Free Equity Delivery : All equity delivery investments (NSE , BSE) are absolutely Free – Rs 0 brokerage
  2. Intraday and F&O trades : Flat Rs 20 or 0.01% (Which ever is lower ) per executed order, on intraday trades across equity , currency and commodity trades.
  3. Free Direct MF : All direct mutual fund investments are absolutely free – Rs 0 commission & DP charges
  4. Most awaiting option enabled , you can invest directly in IPO from zerodha

This broker is in top position because of above three points , which is the first to introduce these bumper offers .

Charges :

  • Equity & Demat = Rs 300
  • Commodity = Rs 200
  1. Supported exchange : NSE, BSE, MCX, NCDEX
  2. Trading Platform : Kite web, Kite android / IOS , PI, Coin , Kite mobile
  3. Other Features : Direct Mutual funds , APIs
  4. Trading account opening fees : Rs 300
  5. Demat account opening fees : Rs 300
  6. Demat AMC charges : Rs 300
  7. Equity Delivery : Free
  8. F&O, Intraday : (0.01 % or Rs 20 per executed order , which ever is low)
  9. Minimum brokerage charges : Zero

First broker to introduce opening account online , with Aadhar OTP

Click here to open account instantly,Signup and open a Zerodha trading and demat account online and start investing

Second best is Upstox :

Which is the big competitor for zerodha in future..

Bumper for from 1st to 30th September 2019, “Free Demat & Trading account “

Click here to open free account instantly Open a Demat Account Online

Founded in year 2008, Upstox was then known as RKSV and under the name it rose to become India’s leading high tech, algorithmic proprietary trading from executing actively across all exchanges. (NSE, BSE , MCX and MCX-SX).

Founders :

  • Raghu Kumar
  • Ravi Kumar
  • Shrinivas Viswanath

Number of Employees : 900 June 2019

Products :

  • Pro Web : The strength of a desktop trading platform wrapped in your internet browser.
  • Pro Mobile : A light weight platform in your hands that does everything that a desktop terminal should.
  • Mutual Funds : Grow your wealth , match your investment portfolio with your financial dreams.
  • Upstox Dev : Create your own apps with the Upstox developer console & help other trade.
  • Live Chat : Get all your queries solved !! Just talk to us via live chat , phone or email us at [email protected]upstox .com.
  1. Highest rated trading app (4.4/5)
  2. Daily exchange turnover (Rs 15k crores )
  3. App downloads (2.5 lakh)
  4. Happy traders ( 1 lakh +)

Offers :

  • All Equity investments are Zero brokerage, no hidden charges
  • F&O, Intraday , Currencies and Commodities are Rs 20/- per order

Fast & hassle – free way to open an account ! Simply fill in your details , connect your bank account & upload your documents

Open free account instantly with Upstox Open a Demat Account Online

Happy Investing!!

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