Zerodha vs Angel One vs Upstox 2025 - Brokerage Charges, Demat Account Opening Fee
Account Opening Fees
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹200 (Equity) + ₹100 (Commodity) | ₹0 (free) | ₹0 (free) |
Annual Maintenance Charges (AMC)
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹300/year | ₹0 (free) | ₹300/year |
Brokerage for Equity Delivery
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹0 (free) | ₹0 (free) | ₹0 (free) |
Brokerage for Equity Intraday
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹20 per executed order or 0.03% | ₹20 per executed order | ₹20 per executed order |
Brokerage for Option Trading
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹20 per order | ₹20 per order | ₹20 per order |
Brokerage for Futures Trading
| Zerodha | Angel One | Upstox |
|---|---|---|
| ₹20 per order | ₹20 per order | ₹20 per order |
Trading Platforms
| Zerodha | Angel One | Upstox |
|---|---|---|
| Kite (web, mobile) | Angel Broking App (web, mobile) | Upstox Pro (web, mobile) |
Customer Support
| Zerodha | Angel One | Upstox |
|---|---|---|
| Email, phone (business hours) | Phone, email, chat (business hours) | Email, phone, chat (business hours) |
Investment Options
| Zerodha | Angel One | Upstox |
|---|---|---|
| Equity, derivatives, commodities, mutual funds, bonds | Equity, commodities, derivatives, mutual funds | Equity, derivatives, commodities, mutual funds |
Research & Advisory Services
| Zerodha | Angel One | Upstox |
|---|---|---|
| Basic charts, data | Detailed research reports, stock recommendations | Basic charts, market analysis |
User Interface & Experience
| Zerodha | Angel One | Upstox |
|---|---|---|
| Simple, fast interface | Simple, clean design | Modern, user-friendly interface |
Additional Features
| Zerodha | Angel One | Upstox |
|---|---|---|
| Coin (direct mutual funds), Console (reporting) | Free research reports, algorithmic trading | Customizable trading strategies, integrated research tools |
Zerodha vs Angel One vs Upstox - Overall Summary
| Category | Zerodha | 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 | ★★★★☆ | ★★★★☆ | ★★★★☆ |
*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.
Zerodha vs Upstox vs Groww: Comprehensive Comparison
When it comes to choosing a brokerage platform in India, Zerodha, Angel One, and Upstox are three prominent names that come up frequently. Each offers a range of features tailored to different trading needs and preferences. Here's a comprehensive look at how these platforms compare across various aspects.
Account Opening Fees
Zerodha requires an account opening fee of ₹200 for equity trading and an additional ₹100 for commodities. In contrast, both Angel One and Upstox offer free account opening services, making them more attractive for new investors who want to avoid initial costs.
Annual Maintenance Charges (AMC)
The annual maintenance charge is another critical factor to consider. Zerodha charges ₹300 per year, while Angel One does not impose any AMC. Upstox also follows Angel One’s approach with no AMC, providing a cost-effective solution for long-term investors.
Brokerage for Equity Delivery
For equity delivery trades, all three platforms—Zerodha, Angel One, and Upstox—offer zero brokerage. This no-cost approach is particularly beneficial for investors focusing on long-term stock investments.
Brokerage for Equity Intraday
When it comes to equity intraday trades, Zerodha charges ₹20 per executed order or 0.03% of the trade value, whichever is lower. Angel One and Upstox have a flat fee of ₹20 per executed order. This fixed brokerage fee can be advantageous for traders with high-frequency trading strategies.
Brokerage for Option Trading
In the realm of option trading, Zerodha, Angel One, and Upstox all charge ₹20 per order. This uniform fee structure helps traders easily compare costs across these platforms without worrying about varying brokerage rates for options.
Brokerage for Futures Trading
For futures trading, each of these brokers charges ₹20 per order. This consistency in brokerage fees provides traders with a straightforward cost structure for futures contracts.
Trading Platforms
Each platform offers a robust trading experience through its own set of platforms. Zerodha uses Kite, available on both web and mobile, which is known for its speed and simplicity. Angel One provides the Angel Broking App, which is also accessible via web and mobile and is appreciated for its clean design. Upstox offers Upstox Pro, featuring a modern and user-friendly interface on web and mobile, catering to traders who value a streamlined trading experience.
Customer Support
Customer support quality can significantly impact the overall trading experience. Zerodha provides support via email and phone during business hours, while Angel One offers phone, email, and chat support, enhancing accessibility. Upstox also supports customers through email, phone, and chat, ensuring comprehensive assistance.
Investment Options
When it comes to investment options, Zerodha offers a diverse range including equity, derivatives, commodities, mutual funds, and bonds. Angel One provides equity, commodities, derivatives, and mutual funds. Upstox covers equity, derivatives, commodities, and mutual funds, giving investors a broad spectrum of investment choices.
Research & Advisory Services
For research and advisory services, Zerodha provides basic charts and data, catering to those who prefer a more hands-on approach. Angel One offers detailed research reports and stock recommendations, which can be valuable for investors seeking in-depth analysis. Upstox provides basic charts and market analysis, striking a balance between in-depth research and accessible data.
User Interface & Experience
User experience is an essential aspect of trading platforms. Zerodha is known for its simple and fast interface, making it easy for users to execute trades quickly. Angel One features a simple and clean design, enhancing usability. Upstox stands out with its modern and user-friendly interface, appealing to those who appreciate a contemporary design in their trading tools.
Additional Features
Finally, additional features can set a platform apart. Zerodha offers Coin for direct mutual fund investments and Console for comprehensive reporting. Angel One provides free research reports and algorithmic trading options. Upstox delivers customizable trading strategies and integrated research tools, catering to traders looking for advanced functionalities.
In summary, Zerodha, Angel One, and Upstox each bring unique strengths to the table, from cost structures to platform features. Choosing the right broker depends on individual trading needs, preferences, and the importance of specific features like research, support, and platform usability.