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The brokerage of Upstox ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Groww ranges between Rs 20. The broker Upstox and Groww are discount brokers where SBICAP Securities is a full service broker. Overall rating for Upstox is 4.5, SBICAP Securities is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Upstox vs SBICAP Securities vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Upstox vs SBICAP Securities vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Upstox vs SBICAP Securities vs Groww in this setion with 360 degree view of broker information.
 Upstox |
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| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE |
| Broker Overview | Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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In this section we have compared Upstox vs SBICAP Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening, SBICAP Securities charges Rs 850 for account opeing, and Groww charges Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Upstox | SBICAP Securities | Groww |
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| Trading Account Opening Fees | Promotion offer: Free | Rs 850 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 500 PA | Free |
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Plans are the most important feature you look when compare Upstox vs SBICAP Securities vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Upstox | SBICAP Securities | Groww |
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| Zerodha | Upstox | Zerodha | |
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| Account Opening Request |
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | Upstox | SBICAP Securities | Groww |
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| Plan Name | Max Rs 20 Per Order Trading Plan | Standard or default brokerage plan | Flat Brokerage Plan |
| Equity Delivery | 2.5% or Rs 20 whichever is lower | 0.50% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.05% or Rs 20 whichever is lower | 0.05% | Flat Fee Rs 20 |
| Equity Options | Flat Fee Rs 20 | Rs 100 Per Lot | Flat Fee Rs 20 |
| Currency Futures | 0.05% or Rs 20 whichever is lower | 0.03% | Not Available |
| Currency Options | Flat Fee Rs 20 | Rs 30 Per Lot | Not Available |
| Commodity Trading | Flat Fee Rs 20 | Rs. 100 per lot | Not Available |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | ||
| Hidden Charges | Info Not Available | Info Not Available | |
| Call & Trade Charges | Rs 50 + 18% GST | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. | Rs 50 Per Executable Order |
| Auto Square off Charges | Rs 50 + 18% GST | First Free 30 per month, after Rs 10 per square-off | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Upstox | Brokerage Calculator for SBICAP Securities | Brokerage Calculator for Groww |
Compare Upstox vs SBICAP Securities vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Upstox | SBICAP Securities | Groww |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for upstox | Complete Brokerage Plans for sbicap-securities | Complete Brokerage Plans for groww |
Compare Upstox vs SBICAP Securities vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox and SBICAP Securities offers 3-in-1 Account where Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox and Groww offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI Trading where Upstox and Groww doesn't offers NRI Trading.
| Account Features Compare | Upstox | SBICAP Securities | Groww |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | Trading software terminal: ODIN Diet | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs SBICAP Securities vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Upstox | SBICAP Securities | Groww | ||
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12 Customer Reviews
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78 Customer Reviews
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20 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Upstox is Rated 3.7 / 5 based on 12 customer reviews | SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews | Groww is Rated 1.7 / 5 based on 20 customer reviews |
Compare Upstox vs SBICAP Securities vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Upstox offers Commodity Trading where SBICAP Securities and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Upstox | SBICAP Securities | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Compare Upstox vs SBICAP Securities vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Upstox | SBICAP Securities | Groww |
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| 24/7 Customer Service | |
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| Customer Care Number | +91 22 6130 9999 | 022 6854 5555 | 9108800604 |
| Account Opening Process | Online/Paperless | Offline | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://upstox.com/help-center/ | https://www.sbismart.com/education | https://groww.in/academy |
| Head Office Address | Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://upstox.com/ | https://www.sbismart.com | https://groww.in/ |
Compare Upstox vs SBICAP Securities vs Groww on research reports and tips provided by broker.
| Upstox | SBICAP Securities | Groww | |
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| Research Mutual Funds | |
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Compare Upstox vs SBICAP Securities vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Upstox | SBICAP Securities | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 81800 | 47200 | 88700 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 PA | ₹500 | Zero |
| Advance Deposit | NIL | 0 for all | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹13 + ₹5.50 CDSL charges | 0.01% of the transaction value (Min ₹21 and Max ₹300) | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹20 + ₹50 courier charges | ₹5 per certificate + ₹35 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹35 per certificate + CDSL Charges | ₹150 per certificate + courier charges |
| Pledge Creation | 0.02% of the transaction value (Min ₹50) + CDSL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | 0.02% of the transaction value (Min ₹50) + CDSL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | 0.05% of the transaction value (Min ₹50) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | ₹50 | ₹10 | ₹50 |
| Other Charges |
Compare Upstox vs SBICAP Securities vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Upstox | SBICAP Securities | Groww | |
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| Likes |
Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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| Dislikes |
There are some setbacks or disadvantages also while trading with Upstox;
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| Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | ||
| Enquire for Upstox | Enquire for SBICAP Securities | Enquire for Groww |
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