Stoxkart is a part of SMC group and is based in Delhi. It is a financial brokerage firm which is growing at a fast pace in the country. It is basically a discount broking arm of SMC Global.
Angel broking on the other hand is India’s one of the top full-service broker which gives full-support to traders while trading.
Here is a side-by-side comparison of both of them so that the traders can decide which one of the two is the best for them.
Both the brokers are compared on the following aspects:
- Company Overview
- Demat Account
- Brokerage and other charges
- Exposure or Margin
- Trading Platforms
| COMPANY OVERVIEW | |||
| Particulars | Zerodha | Upstox | |
|---|---|---|---|
| About | It is a Bangalore based, flat fee stock broker which offers trading in stocks, commodity and currency derivatives. | Upstox is India’s first low cost broking firm headquartered in Mumbai. It offers trading in different segments such as stocks, equities, commodities, currency, futures and options. | |
| Incorporation Year | 2010 | 2012 | |
| Broker Type | Discount Broker | Discount Broker | |
| Exchanges Supported | NSE, BSE, MCX and NCDEX | BSE, MCX, and NSE | |
| Founder | Nitin Kamath | Raghu Kumar, Ravi Kumar and Shrinivas Viswanath | |
| Company Type | Private | Private | |
| ACCOUNT OPENING CHARGES | |||
| Trading Account Opening Charge | Rs.200 | Rs.150 | |
| Trading Account AMC | Free | Free | |
| Demat Account Opening Charge | Rs.100 | Free | |
| Demat Account AMC | Rs.300 | Rs.150 | |
| Is Demat Account Mandatory | No | No | |
| DISCOUNT BROKERAGE CHARGES | |||
| Account Type | Flat Brokerage Plan | Upstox Basic | |
| Equity Delivery | Free | Free | |
| Equity Intraday | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Equity Futures | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Equity Options | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Currency Future Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Currency Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Currency Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Commodity Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.20 per executed order | |
| Brokerage Calculator | Zerodha Brokerage Calculator | Upstox Brokerage Calculator | |
| BROKERAGE PLAN 2 | |||
| Account Type | Flat Brokerage Plan | Upstox Priority | |
| Equity Delivery | Free | Free | |
| Equity Intraday | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Equity Futures | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Equity Options | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Currency Future Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Currency Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Commodity Future Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Commodity Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.30 per executed order | |
| Brokerage Calculator | Zerodha Brokerage Calculator | Upstox Brokerage Calculator | |
| OTHER CHARGES | |||
| Minimum Brokerage Charges | 0 | 0 | |
| Call n Trade Charges | Rs.20 per executed order | Rs.20 per trade | |
| Transaction Charges | 0.00325% of Total Turnover | 0.00275% of Total Turnover | |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover | |
| Stamp Duty | Very minimal and depends on State | Very minimal and depends on State | |
| GST | 18% of (Brokerage +Transaction Charges) | 18% of (Brokerage +Transaction Charges) | |
| EXPOSURES OR LEVERAGES | |||
| Equity | Up to 5 times for Intraday | Up to 20 times for Intraday | |
| Equity Futures | Up to 5 times to 20 times for Intraday | Up to 4 times for Intraday | |
| Equity Options | Up to 5 times to 20 times for Intraday | Up to 4 times for Intraday | |
| Currency Futures | Up to 5 times for Intraday | Up to 4 times for Intraday | |
| Currency Options | Up to 5 times for Intraday | Up to 4 times for Intraday | |
| Commodities | Up to 5 times for Intraday | Up to 3 times for Intraday | |
| Margin | Zerodha Margin | ||
| TRADING PLATFORMS | |||
| Desktop Platform for windows | Available | Available | |
| Desktop Platform for Mac | Available | Available | |
| Desktop Browser Platform | Available | Available | |
| Mobile Site | Available | Available | |
| Android App | Available | Available | |
| iOS App | Available | Available | |
| Windows App platform | Not Available | Not Available | |
| Other mobiles OS platform | Not Available | Not Available | |
| Real Time Updates | Available | Available | |
| Portfolio Details | Available | Available | |
| Online MF Purchase | Available | Available | |
| Research Reports | Available | Available | |
| Stock Tips | Available | Available | |
| SMS Alerts | Available | Available | |
| Email Alerts | Available | Available | |
| Multi Account Management | Available | Available | |
| RESEARCH | |||
| Daily Market Reports | Not Available | Not Available | |
| Tips and Recommendations | Not Available | Not Available | |
| Quarterly Analysis | Not Available | Not Available | |
| News Alerts | Not Available | Not Available | |
| OTHER MISCELLANEOUS SERVICES | |||
| 3-in-1 Account |  |
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| Mobile Trading |  |
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| Orders after trading hours | |
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| SMS Alert | |
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| Charting | |
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| Margin Funding | |
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| Market Tips | |
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| Relationship Manager | |
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| Automated Trading | |
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