FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Upstox Vs ProStocks Vs Zerodha: Which one is better?

The brokerage of Upstox ranges between Rs 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Zerodha ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, ProStocks is rated 4, Zerodha is rated 4.5 out of 5.

Here we present side-by-side comparison of Upstox vs ProStocks vs Zerodha 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 ProStocks vs Zerodha 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 ProStocks vs Zerodha in this setion with 360 degree view of broker information.

Compare Upstox vs ProStocks vs Zerodha on Service

  Upstox Compare
Upstox
ProStocks Compare
ProStocks
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
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. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Upstox Request call back from ProStocks
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Account Opening Charges and AMC

Compare Upstox vs ProStocks vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared Upstox vs ProStocks vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks and Zerodha offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs ProStocks vs Zerodha
Charges Upstox ProStocks Zerodha
Trading Account Opening Fees Promotion offer: Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 0 (Rs 1000 Refundable Deposit) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs ProStocks vs Zerodha on Plan Options

Plans are the most important feature you look when compare Upstox vs ProStocks vs Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Upstox and Zerodha doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Upstox and Zerodha doesn't offer.

Compare Upstox vs ProStocks vs Zerodha on Plan Options
Plan Types Upstox ProStocks Zerodha
Multiple Plans No Yes No
Monthly Plans No Yes No
Yearly Plans No Yes No
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Account Opening Request

Account Opening

  Zerodha Upstox ProStocks
Account Opening Request
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Brokerage Charges

Compare Upstox vs ProStocks vs Zerodhaon Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Upstox vs ProStocks vs Zerodha
Brokerage Charges Compare Upstox ProStocks Zerodha
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan Max Rs 20 per order Trading Plan
Equity Delivery 2.5% or Rs 20 whichever is lower Free Free
Equity Intraday 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 NA Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges Info Not Available No
Call & Trade Charges Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order
Auto Square off Charges Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for ProStocks Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Upstox vs ProStocks vs Zerodha on Transaction Charges

Compare Upstox vs ProStocks vs Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox vs ProStocks vs Zerodha
Transaction Charges Compare Upstox ProStocks Zerodha
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for prostocks Complete Brokerage Plans for zerodha
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Account Features

Compare Upstox vs ProStocks vs Zerodha on Account Features

Compare Upstox vs ProStocks vs Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where ProStocks and Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox offers margin funding where ProStocks and Zerodha doesn't offers margin funding. NRI Trading - ProStocks and Zerodha offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Upstox vs ProStocks vs Zerodha
Account Features Compare Upstox ProStocks Zerodha
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:20 PM
NRI Trading No Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Upstox vs ProStocks vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs ProStocks vs Zerodha. 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.

Trading Platform - Compare Upstox vs ProStocks vs Zerodha
Trading Platform Compare Upstox ProStocks Zerodha
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://pro.upstox.com/

https://www.prostocksweb.com/

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Upstox Star ProStocks Zerodha Kite App
Mobile Trading App Demo Upstox Demo Star ProStocks Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Upstox Download iOS Star ProStocks Download iOS Zerodha Kite App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for prostocks Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Upstox vs ProStocks vs Zerodha on User Rating

  Upstox ProStocks Zerodha
  12 Customer Reviews    Rate Upstox 20 Customer Reviews    Rate ProStocks 160 Customer Reviews    Rate Zerodha
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Upstox vs ProStocks vs Zerodha on Investment Offerings

Compare Upstox vs ProStocks vs Zerodha 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 and Zerodha offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Upstox and Zerodha offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Upstox vs ProStocks vs Zerodha
Investment Offerings Compare Upstox ProStocks Zerodha
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application Yes No Yes
Mutual Funds Yes No Yes
Bond / NCD No No Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No Yes
PMS Service No No No
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare Upstox vs ProStocks vs Zerodha on Customer Service

Compare Upstox vs ProStocks vs Zerodha 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 Support - Compare Upstox vs ProStocks vs Zerodha
Customer Service Compare Upstox ProStocks Zerodha
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No Yes
Customer Care Number +91 22 6130 9999 +91-2262-434343 "+ 91 80 4040 2020"
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.prostocks.com/faq.html https://zerodha.com/varsity/
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://upstox.com/ https://www.prostocks.com https://zerodha.com/
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Tips/Research/Reports Published

Compare Upstox vs ProStocks vs Zerodha on Research Reports, Tips

Compare Upstox vs ProStocks vs Zerodha on research reports and tips provided by broker.

Research Reports - Compare Upstox vs ProStocks vs Zerodha
  Upstox ProStocks Zerodha
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Upstox vs ProStocks vs Zerodha on Demat Account

Compare Upstox vs ProStocks vs Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox vs ProStocks vs Zerodha
  Upstox ProStocks Zerodha
DP Source CDSL CDSL CDSL
DP ID 81800 83200 81600
Demat Account Annual Maintenance Charges(AMC) ₹300 PA Free (₹1000 Refundable Deposit) ₹300 pa
Advance Deposit NIL 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹20 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹20 + ₹50 courier charges ₹50 per set up + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹50 per set up + ₹50 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50 ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50 ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹50 ₹20
Failed Instruction Charges ₹50 ₹50 per transaction ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Upstox vs ProStocks vs Zerodha on Special Offers and Promotion

Compare Upstox vs ProStocks vs Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Upstox vs ProStocks vs Zerodha on Special Offers and Promotion
  Upstox ProStocks Zerodha
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
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