ResourceIPO
Angel One Vs Zerodha Vs Upstox: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Angel One Vs Zerodha Vs Upstox: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare angel one vs zerodha vs upstox on service, account opening charges and amc, compare angel one vs zerodha vs upstox on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Angel One vs Zerodha vs Upstox on Service
- Account Opening Charges and AMC
- Compare Angel One vs Zerodha vs Upstox on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Angel One vs Zerodha vs Upstox on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Angel One vs Zerodha vs Upstox on Transaction Charges
- Account Features
- Compare Angel One vs Zerodha vs Upstox on Account Features
- Trading Platform
- Compare Angel One vs Zerodha vs Upstox on Trading Platform
- Broker Ratings by Users
- Compare Angel One vs Zerodha vs Upstox on User Rating
- Investment Offerings
- Compare Angel One vs Zerodha vs Upstox on Investment Offerings
- Margin Trading Facility
- Compare Angel One vs Zerodha vs Upstox on MTF
- API
- Compare Angel One vs Zerodha vs Upstox on API Details
- Customer Service Offered
- Compare Angel One vs Zerodha vs Upstox on Customer Service
- Tips/Research/Reports Published
- Compare Angel One vs Zerodha vs Upstox on Research Reports, Tips
- Demat Account
- Compare Angel One vs Zerodha vs Upstox on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Angel One vs Zerodha vs Upstox on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- 💵 Flat ₹20/order brokerage + 30 days zero brokerage
- 💰 Free direct mutual funds with 4,000+ scheme options
- 📈 MTF at 0% interest for borrowing up to ₹1,00,000 for the first 30 days
- Invest across segments under one roof – Stocks (NSE/BSE), F&O, commodity, IPOs, mutual funds, NPS
- High call and trade and auto-square off charges = Rs 75 per order
- 🎉 ₹0 Brokerage for the First 30 Days (up to ₹500)
- 💹 Max ₹20 per Order Brokerage on Trades
- 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency
- 📱 Kite & Coin – #1 Trading Platform & Mobile App
- 💹 Max ₹20 per Order Brokerage on All Trades
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
Angel One |
Zerodha |
Upstox |
| Trading Account Opening Fees |
Free |
Free |
Promotion offer: Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 240 PA |
Rs 300 PA (Free for 1st year) |
Rs 300 Per annum (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Angel One |
Zerodha |
Upstox |
| Multiple Plans |
No |
No |
No |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Angel One |
Zerodha |
Upstox |
| Account Opening Request |
Link to open account |
Link to open account |
Link to open account |
| Transaction Charges Compare |
Angel One |
Zerodha |
Upstox |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for angel-one |
Complete Brokerage Plans for zerodha |
Complete Brokerage Plans for upstox |
| Account Features Compare |
Angel One |
Zerodha |
Upstox |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
Yes |
| SMS Alerts |
Yes |
No |
Yes |
| Online Demo |
Yes |
Yes |
Yes |
| Online Portfolio |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:20 PM |
3:15PM |
| NRI Trading |
Yes |
Yes |
No |
| Other Features |
Trading software terminal: ODIN(Angel) diet |
NIL |
NIL |
| Trading Platform Compare |
Angel One |
Zerodha |
Upstox |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://www.angelone.in/trade/ |
Zerodha Kite Web |
https://pro.upstox.com/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Angel One Mobile App |
Zerodha Kite App |
Upstox |
| Mobile Trading App Demo |
Angel One Mobile App |
Zerodha Kite App |
Upstox |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Angel One Mobile App Download |
Android Zerodha Kite App Download |
Android Upstox Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Angel One Mobile App Download |
iOS Zerodha Kite App Download |
iOS Upstox 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 Angel One |
Equity Intraday and Delivery Brokerage Calculator for Zerodha |
Equity Intraday and Delivery Brokerage Calculator for Upstox |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Angel One |
Futures Brokerage Calculator for Zerodha |
Futures Brokerage Calculator for Upstox |
| Options Brokerage Calculator |
Option Brokerage Calculator for Angel One |
Option Brokerage Calculator for Zerodha |
Option Brokerage Calculator for Upstox |
| Detail |
Detail on Trading Platforms for Angel One |
Detail on Trading Platforms for Zerodha |
Detail on Trading Platforms for Upstox |
|
Angel One |
Zerodha |
Upstox |
|
78 Customer reviews Rate |
162 Customer reviews Rate |
17 Customer reviews Rate |
| Fees Ratings |
3.4 |
4.0 |
3.6 |
| Trading Brokerage Rating |
3.5 |
4.4 |
3.5 |
| Trading Platform Usability |
3.5 |
3.7 |
3.5 |
| Customer Service Ratings |
3.3 |
3.8 |
3.3 |
| Overall Rating |
3.3 |
3.9 |
3.4 |
| Broker Rating |
Angel One is Rated 3.3 / 5 based on 78 customer reviews |
Zerodha is Rated 3.9 / 5 based on 162 customer reviews |
Upstox is Rated 3.35 / 5 based on 17 customer reviews |
| Investment Offerings Compare |
Angel One |
Zerodha |
Upstox |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
Yes |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
No |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
No |
| Insurance |
No |
No |
No |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
No |
Yes |
Yes |
| PMS Service |
Yes |
No |
No |
| Other Investment Options |
PMS |
NIL |
NPS |
| MTF Compare |
Angel One |
Zerodha |
Upstox |
| MTF Leverage |
up to 4x leverage |
Upto 5x leverage on 1300+ stocks |
Upto 4x leverage |
| MTF Interest Rate |
0.041% per day (14.99% per annum) (0% interest upto Rs 1 Lakh for the first 30 days) |
0.04% per day (14.6% per annum) |
₹20/day for every ₹40,000 – ₹50,000 (Varies by plan) |
| MTF Segment |
Equity Delivery (NSE & BSE) |
Equity Delivery (NSE) |
Equity Delivery (NSE and BSE) |
| MTF Pledge Charges |
₹20 per ISIN |
₹15 per ISIN |
₹20 per ISIN |
| MTF Unpledged Charges |
₹20 per ISIN |
₹15 per ISIN |
₹20 per ISIN |
| Maximum MTF Funding |
NA |
₹50 crore per account |
Maximum MTF Positions upto ₹5 crore with ₹3.75 crore MTF Funding |
| API Compare |
Angel One |
Zerodha |
Upstox |
| API Type |
Market Data API Historical API Trading API Publisher API |
Trading API Market Data API (Websocket API) Historical Data API Publisher API |
Market Data API (REST/WebSocket) Historical Data API Trading API (Order |
| API Charges |
Free |
Kite Connect API: Rs 500 per month Personal: Free |
Free |
| Customer Service Compare |
Angel One |
Zerodha |
Upstox |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
Yes |
No |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
No |
| Through Branches |
Yes |
Yes |
Yes |
| Customer Care Number |
1800 1020 |
"+ 91 80 4040 2020" |
+91 22 6130 9999 |
| Account Opening Process |
Online/Paperless |
Online/Paperless |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.angelone.in/knowledge-center |
https://zerodha.com/varsity/ |
https://upstox.com/help-center/ |
| Head Office Address |
Angel One Limited, G-1, Ackruti Trade Centre, Road No. 7, MIDC, Andheri (E), Mumbai – 400 093. |
Zerodha Headquater#153/154 4th Cross Dollars Colony,Opp. Clarence Public School,J.P Nagar 4th Phase,Bangalore – 560078 |
Upstox Corporate OfficeSunshine Tower,30th Floor,Senapati Bapat Marg,Dadar (W),Mumbai – 400 013 |
| Website |
https://www.angelone.in/ |
https://zerodha.com/ |
https://upstox.com/ |
|
Angel One |
Zerodha |
Upstox |
| Research Mutual Funds |
Yes |
No |
No |
| Research Equity Reports |
Yes |
No |
No |
| Research ETF |
No |
No |
No |
| Daily Market Report |
Yes |
No |
No |
| Free Tips |
Yes |
No |
No |
| Quarterly Result Analysis |
Yes |
No |
No |
| News Alerts |
Yes |
No |
No |
|
Angel One |
Zerodha |
Upstox |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
33200 |
81600 |
81800 |
| Demat Account Annual Maintenance Charges(AMC) |
₹450 pa |
₹300 pa |
₹300 PA |
| Advance Deposit |
NIL |
Nil |
NIL |
| Statutory charges |
Nil |
₹50 |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹20 + ₹5.50 (CDSL Charges) for every transaction |
₹8 + ₹5.50 (CDSL Charges) per transaction |
₹13 + ₹5.50 CDSL charges |
| Demat |
₹50 per certificate |
₹150 per certificate + ₹100 courier charges |
₹20 + ₹50 courier charges |
| Remat |
₹50 + CDSL Charges |
₹150 per certificate + ₹100 courier charges + CDSL Charges |
₹100 for every hundred securities or ₹25 per certificate (whichever is higher) |
| Pledge Creation |
₹25 per transaction |
₹20 + ₹12 CDSL charges |
0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Creation Confirmation |
NIL |
Nil |
0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure |
₹25 per transaction |
₹20 + ₹12 CDSL charges |
0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure Confirmation |
NIL |
Nil |
0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Invocation |
NIL |
₹20 |
0.05% of the transaction value (Min ₹50) |
| Failed Instruction Charges |
Nil |
₹50 per instraction |
₹50 |
| Other Charges |
Nil |
Nil |
Nil |
|
Angel One |
Zerodha |
Upstox |
| Likes |
✨ Free account opening + 1st year AMC waived 💵 Flat ₹20/order brokerage + 30 days zero brokerage 📱 Smooth and powerful mobile & web trading platforms 🤖 ARQ AI-based advisory + strong research coverage 💰 Free direct mutual funds with 4,000+ scheme options 📈 MTF at 0% interest for borrowing up to ₹1,00,000 for the first 30 days Detail Review… |
Enjoys a credible brand reputation Multiple products: Equity, F&O, IPO, MF, Bonds, G-secs, Cost-effective trading with flat fee and free investment in stocks, IPO, and mutual funds Hassle-free account opening Single margin account to trade in equity and commodity Zero minimum balance required in the Zerodha trading account Technologically advanced trading platforms and tools at no additional cost Add-on features like GTT order, alert trigger order, trade from charts, etc. Margin Trading Facility (MTF) Debt-free company Detail Review… |
Invest across segments under one roof – Stocks (NSE/BSE), F&O, commodity, IPOs, mutual funds, NPS Competitive and transparent brokerage charges along with free account opening services. Advanced trading platforms, suitable for both new investors and professional traders. Easy and paperless account opening with basic KYC documents required Charting, host of analytical tools, real-time market alerts, and fast order execution for speed and reliability Detail Review… |
| Dislikes |
⚠️ Delivery trades are not fully free (unlike some competitors) 💸 Some ARQ advanced features may require extra cost ⏳ Customer support can be slow during peak hours Detail Review… |
Zerodha does not offer trading tips, research and advisory services. Software glitches in kite happen certain times. Zero brokerage unlimited trading plan is not offered. Detail Review… |
Delivery trading is not free, check free equity delivery brokers. NRI Trading not available, Check best NRI brokers. No intraday trading tips, investment recommendations, research, and advisory services. Some users reported technical glitches and bugs certain times. High call and trade and auto-square off charges = Rs 75 per order Detail Review… |
| Special Offers/Promo |
💚 Current Promotion from Angel One for InvestorGain Visitors: 🎉 ₹0 Brokerage for the First 30 Days (up to ₹500) 🆓 Free Account Opening 💹 Max ₹20 per Order Brokerage on Trades 📊 Free Stocks & IPO Research 🚀 Open Instant Angel One Account Now! |
🎯 Current Promotion Offer from Zerodha for InvestorGain Visitors: 🆓 Free Account Opening 📈 Free Delivery Trading 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency 💰 Free Direct Mutual Funds & IPO Investment 📱 Kite & Coin – #1 Trading Platform & Mobile App 🚀 Open Instant Zerodha Account |
🔵 Current Offer from Upstox for InvestorGain Visitors: 🆓 Free Upstox Demat & Trading Account 📭 No AMC for the 1st Year 💹 Max ₹20 per Order Brokerage on All Trades 🌱 Free Mutual Funds & IPO Investment 🚀 Open Instant Free Upstox Account Now! |
|
Open Angel One Account Now |
Open Zerodha Account Now |
Open Upstox Account Now |
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