Get the side by side comparison of upstox, zerodha and angel-broking on various parameters like brokerage charges, comission fees, margin, trading platform and many more.
Upstox and Zerodha are discount brokers whereas Angel broking is a full-service broker. Additionally, all three brokers have an overall rating of 4.5 out of 5. The brokerage of all three lies between Rs. 20. To know which one will suit best for your requirements, later in this article we have provided a detailed comparison to help you choose better. Moreover, let's first know each of the brokers, in brief, to have an idea before jumping into the comparison.
What is Upstox?
Upstox is a trading platform that is provided by RKSV and is one of the most popular discount brokers in India. Additionally, it provides trading services of Equity, Currency, and commodity Derivatives. It makes trading very easy as you can place an order via mobile or any web browser. Moreover, Upstox is safe, trusted, and reliable when it comes to trading. The reliability factors of Upstox makes it preferable for long term investments.
What is Zerodha?
Zerodha is the largest stock broker in India and has over 4+ million clients in India. It contributes to over 15% of retail order volumes in overall India daily. You can invest and trade in F&O, Commodity & Currency derivatives, Stocks & IPOs, Bonds, and much more. It has some features like unbeatable pricing, open and free-market education, and easiness to use. Moreover, it is designed in a way that people can themselves use it with no help from any broker.
What is Angel Broking?
Angel broking is one of the largest independent retail broking houses in India which provides full-service. The data provided is accurate and precise for better use. Moreover, Angel Broking has experience of two decades that makes them an expert in the broking industry. Additionally, it is safe, hassle-free, and has an online share platform for trading.
Comparison: Upstox vs Zerodha vs Angel Broking
Upstox vs Zerodha vs Angel Broking Background
Head points
Zerodha
Upstox
Angel broking
Incorporation Year
2010
2011, it was started as RKSV
1987
Accessible Exchanges
MCX-SX, MCX, NSE, and BSE
MCX, MCX-SX, NSE, and BSE
NSE, BSE, MCX, NCDEX, and MSEI
DEMAT (NSDL/CDSL)
CDSL
NDSL
CDSL
Active Total Clients
8,00,000+ Clients
1,00,000+ Clients
7,00,000+ Clients
Upstox vs Zerodha vs Angel Broking Account opening fees and AMC
Head points
Zerodha
Upstox
Angel Broking
Trading Account Opening Charges
Rs. 300 for both Trading and Demat
Rs.150 for Equity
Free
Trading Annual Maintenance Charges
Free
Free
Free
Commodity Fees
Rs. 200
Rs.150
Rs.300
Demat Account Opening Fees
Rs. 300 for both Trading and Demat
Rs.150
Free
Demat Annual Maintenance Charges
Rs.300 plus 18% GST for individual
Rs.150 p.a.
(The first year is free)
Free
Offer DP Service
Yes, Available
Yes, Available
Yes, Available
Upstox vs Zerodha vs Angel Broking Brokerage Charges
Head Points
Zerodha
Upstox
Angel broking
Plan Subscription Summary
Zerodha charges Rs.20 per order and Rs. 0 for Equity Delivery
Upstox charges Rs.20 per order and Rs. 0 for Equity Delivery
Angel broking provides percentage-based brokerage
Equity Intraday Charges
Rs.20 per executed order or 0.01% whichever is low
Rs.20 per executed order or 0.01% whichever is low
0.04% or 4 paise on every Rs. 100
Equity Futures Charges
Rs.20 per executed order or 0.01% whichever is low
Rs.20 per executed order or 0.01% whichever is low
0.04% or 4 paise on every Rs. 100
Equity Options Charges
Rs.20 per executed order or 0.01% whichever is low
Rs.20 per executed order or 0.01% whichever is low
Rs. 60/lot
Equity Delivery Charges
Free
Free
0.04% or 4 paise on every Rs. 100
Currency Futures charges
Rs.20 per executed order or 0.01% whichever is low
Rs.20 per executed order or 0.01% whichever is low
0.04% or 4 paise on every Rs. 100
Currency Options charges
Rupees 20 per executed order or 0.01% whichever is low
Rupees 20 per executed order or 0.01% whichever is low
Rupees 30 per lot
Commodity Charges
Rs.20 per executed order or 0.01% whichever is low
Rs.20 per executed order or 0.01% whichever is low
0.03% of Turnover Negotiable
Any Hidden Cost
No
No
No
Minimum Brokerage Fees
0.01% Minimum
0.01% Minimum
0.04% or 4 paise on every Rs. 100
Call and Trade Charges
Rs. 20 plus 18% GST per order
Rs. 20 plus 18% GST per order
Information N/A
Upstox vs Zerodha vs Angel Broking Trading Platform Details
Head points
Zerodha
Upstox
Angel broking
Desktop Trading Platform
Zerodha Pi
Dartstock/ Fox trader/ NEST trader
Angel Speed Pro
Desktop Demo Platform
Yes, Available
Yes, Available
Yes, Available
Mobile App
Kite by Zerodha
Upstox
Angel Broking
Mobile Trading Availability
Yes, Available
Yes, Available
Yes, Available
Mobile App Demo
Yes, Available
Yes, Available
Yes, Available
Mobile Site
Yes, Available
Yes, Available
Yes, Available
Android/ iOS Mobile App
Yes, Both Available
Yes, Both Available
Yes, Both Available
Upstox vs Zerodha vs Angel Broking Trading Support and Tools
Head points
Zerodha
Upstox
Angel Broking
Training and Educational Facilities
Yes, Blog Articles
Yes, Blog Articles
Yes, Blog Articles
Research and Tips
No
No
Yes, Available
Brokerage Calculator
Yes, Available
Yes, Available
No
Span margin Calculator
Yes, Available
Yes, Available
No
Trailing Stoploss
No
No
No
Upstox vs Zerodha vs Angel Broking Trading features and services
Head Points
Zerodha
Upstox
Angel broking
3 in 1 A/c (Bank+ Trading+demat)
Yes, Available
No
No
Mobile SMS Alert
Yes, Available (Each SMS alert charged Rs.1 per SMS)
Yes, Available (Free of Cost)
Yes, Available
Extra Features
Pivot Point Indicator
Pivot Point Indicator
PMS Newsletter
Free Tips Advisory
No
No
Yes, Available
News and Alerts
No
No
Yes, Available
Direct Insurance
No
No
Yes, Available
Banking Services
No
No
No
Online IPO Request
No
No
Yes
Conclusion
After a detailed comparison of the three brokers, let's see what are some of the benefits of the three brokers. Upstox helps to save costs, has superior technology, has high-quality customer service, and has easy account opening procedures. On the other hand, Zerodha provides solid research, has low fees, can deposit using an electronic wallet, and is a great trading platform. Angel broking is flexible, has access to accurate and reliable research, and can have personalization.
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