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Zerodha vs Upstox

Built from live entity records — same tables as our curated reviews. Highest editorial rating here: Zerodha.

In this comparison (2/4)

ZerodhaUpstox

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Comparison of Zerodha, Upstox: pricing, ratings and key facts
4.6/ 5
4.3/ 5
Best forCost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.Mobile-first traders and developers who use trading APIs.
Equity delivery₹0₹20 per order
Intraday₹20 or 0.03% per order₹20 or 0.1% per order
Futures₹20 or 0.03% per order₹20 or 0.05% per order
Fees & pricing score4.8/54.4/5
Trading platforms score4.7/54.3/5
Customer support score3.9/53.7/5
Research & education score3.5/53.0/5
Ease of opening score4.2/54.4/5

Highlighted rows differ. “Confirming” means we haven't re-verified that figure yet — check the official pricing page.

4.6/ 5

Zerodha remains the benchmark discount broker: unbeatable for delivery investors, transparent flat pricing for traders. Beginners wanting hand-holding may prefer a full-service app.

What we like

  • ₹0 equity delivery brokerage
  • Simple flat ₹20 intraday/F&O pricing
  • Mature Kite web + mobile platform
  • Strong Varsity investor-education library
  • Free account opening

Watch out for

  • ₹300/year AMC after free first year
  • No research-advisory for beginners
  • Support can be slow on volatile days
4.3/ 5

Upstox is a solid low-cost alternative to the big two, especially for API users. Confirm current AMC and plan details before opening an account.

What we like

  • Free account opening
  • Fast Pro web + mobile platforms
  • Good API for algo traders
  • Competitive flat pricing

Watch out for

  • AMC and platform nuances change often — verify
  • Support quality is inconsistent
  • Margin-trading funding costs add up
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.