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U
Upstox
Upstox
VS
WINNER
Z
Zerodha
Zerodha

Upstox vs Zerodha

Detailed side-by-side comparison based on fees, rewards, benefits, and real user data.

broker
Updated Aug 2026
90
Overall Score / 100
4.5/5
Recommended
96
Overall Score / 100
4.8/5

Scoreboard· 1 measured features

1
Upstox
0
Tied
0
Zerodha
Overall winner

Feature-by-Feature Comparison

Feature
Upstox
Zerodha
type
Discount
Discount
account opening fee
0
0
amc
300
300
brokerage delivery
₹20 per executed order (flat)
Zero (Free)
brokerage intraday
₹20 or 0.1% (whichever is lower)
Rs 20 or 0.03%
mobile app rating

InvestingPro Expert Verdict

Based on SEBI-compliant analysis • Affiliate disclosed

Upstox and Zerodha are closely matched on cost and ratings — the better fit depends on your trading style. Upstox is typically favored by cost-conscious traders looking for overall value, while Zerodha is favored by most investors looking for an all-round, reliable platform.

Who Should Get Which?

🏦
Choose Upstox
Best if Upstox is your primary bank.
🏦
Choose Zerodha
Best if Zerodha is your primary bank.
Upstox
Upstox

Opens official Upstox website

Zerodha
Zerodha

Opens official Zerodha website

Disclaimer: This comparison is for informational purposes only. Product details may change; verify on official bank websites before applying. InvestingPro may earn affiliate commission on approved applications. Not SEBI registered investment advice.

No paid rankings
Methodology disclosed
SEBI-compliant
Editorial standards