Angel One vs Upstox 2024 - Brokerage Charges, Demat Account Opening Fee, etc
Account Opening Fees
| Angel One | Upstox |
|---|---|
| ₹0 (free) | ₹0 (free) |
Annual Maintenance Charges (AMC)
| Angel One | Upstox |
|---|---|
| ₹0 (free) | ₹0 (free) |
Brokerage for Equity Delivery
| Angel One | Upstox |
|---|---|
| ₹0 (free) | 20 Rs per order |
Brokerage for Equity Intraday
| Angel One | Upstox |
|---|---|
| ₹20 per executed order | ₹20 per executed order or 0.05% (whichever is lower) |
Brokerage for Option Trading
| Angel One | Upstox |
|---|---|
| ₹20 per order | ₹20 per order |
Brokerage for Futures Trading
| Angel One | Upstox |
|---|---|
| ₹20 per order | ₹20 per order |
Trading Platforms
| Angel One | Upstox |
|---|---|
| Angel Broking App (web, mobile) | Upstox Pro (web, mobile, desktop) |
Customer Support
| Angel One | Upstox |
|---|---|
| Phone, email, chat (business hours) | Phone, email, chat (business hours) |
Investment Options
| Angel One | Upstox |
|---|---|
| Equity, commodities, derivatives, mutual funds | Equity, commodities, derivatives, mutual funds |
Research & Advisory Services
| Angel One | Upstox |
|---|---|
| Detailed research reports, stock recommendations | Basic research, news, charts |
User Interface & Experience
| Angel One | Upstox |
|---|---|
| Simple, clean design | User-friendly, modern design |
Additional Features
| Angel One | Upstox |
|---|---|
| Free research reports, algorithmic trading | Integrated trading tools, account aggregation |
Angel One vs Upstox - Overall Summary
| Category | Angel One | Upstox |
|---|---|---|
| Account Opening Fees | ★★★★★ | ★★★★★ |
| Annual Maintenance Charges (AMC) | ★★★★★ | ★★★★★ |
| Brokerage for Equity Delivery | ★★★★★ | ★★★★☆ |
| Brokerage for Equity Intraday | ★★★★☆ | ★★★★☆ |
| Brokerage for Option Trading | ★★★★☆ | ★★★★☆ |
| Brokerage for Futures Trading | ★★★★☆ | ★★★★☆ |
| Trading Platforms | ★★★★☆ | ★★★★☆ |
| Customer Support | ★★★★☆ | ★★★☆☆ |
| Investment Options | ★★★★☆ | ★★★★☆ |
| Research & Advisory Services | ★★★☆☆ | ★★★☆☆ |
| User Interface & Experience | ★★★★☆ | ★★★★☆ |
| Additional Features | ★★★★☆ | ★★★★☆ |
| Overall Rating | ★★★★★ | ★★★★☆ |
*Above star rating is just for reference while comparing above brokers with each other. Above rating can be wrong as well and we do not take any liability for same.
Angel One vs Upstox: Comprehensive Comparison
Account Opening Fees
When it comes to starting your trading journey, both Angel One and Upstox offer a cost-free account opening process. Neither of the platforms charges a fee to open an account, making them an attractive choice for newcomers.
Annual Maintenance Charges (AMC)
In terms of ongoing costs, Angel One and Upstox are equally competitive, both offering zero annual maintenance charges. This means investors can avoid recurring fees that might otherwise erode their returns.
Brokerage for Equity Delivery
For equity delivery trades, Angel One provides a significant advantage with no brokerage fees, whereas Upstox charges ₹20 per order. This could make a notable difference for frequent traders focusing on delivery-based transactions.
Brokerage for Equity Intraday
When it comes to intraday trading, Angel One and Upstox have different fee structures. Angel One charges ₹20 per executed order, while Upstox offers a flexible pricing model of either ₹20 per executed order or 0.05% of the trade value, whichever is lower.
Brokerage for Option Trading
Both Angel One and Upstox maintain the same brokerage rate of ₹20 per order for option trading. This parity might simplify the decision for traders focusing on options.
Brokerage for Futures Trading
Similarly, for futures trading, Angel One and Upstox charge ₹20 per order, making their fee structure straightforward and equal in this segment.
Trading Platforms
Angel One offers access through its Angel Broking App, available on web and mobile platforms. Upstox, on the other hand, provides a more diverse array of platforms including Upstox Pro on web, mobile, and desktop, catering to different trading preferences.
Customer Support
Both brokers provide comprehensive customer support through phone, email, and chat during business hours. This ensures that users can receive assistance whenever needed.
Investment Options
Angel One and Upstox both provide a broad range of investment options including equity, commodities, derivatives, and mutual funds. This wide array of choices allows investors to diversify their portfolios effectively.
Research & Advisory Services
Angel One stands out with its detailed research reports and stock recommendations, offering more in-depth analysis compared to Upstox, which provides basic research, news, and charts.
User Interface & Experience
In terms of user experience, Angel One is noted for its simple and clean design, while Upstox is praised for its modern and user-friendly interface. Both platforms aim to enhance the trading experience through their respective designs.
Additional Features
Angel One provides additional features like free research reports and algorithmic trading, whereas Upstox offers integrated trading tools and account aggregation. These features can enhance trading efficiency and provide added value depending on the user's needs.