Zerodha vs Upstox vs HDFC Sky
In this article, we will review ‘Zerodha vs Upstox vs HDFC Sky‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
Post Disclaimer
For informational purposes only:
The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.
Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
| Product Name |
Zerodha Trading App Review 2024Upstox app review India in 2024: Brokerage Charges list, AMC & RatingHDFC Sky review India: Brokerage charges |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | Zerodha Upstox |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
|
| Company name | Zerodha Upstox- RKSV Securities India Private Limited (RSIPL) HDFC Sky |
| Headquarters | Bengaluru Delhi Mumbai |
| Founder | Nithin Kamath Ravi Kumar Dhiraj Relli |
| Establishment Year | 15 August 2010 April 6, 2009 2023 |
Account opening & AMC
|
|
| Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. | ₹200 ₹0 ₹0 |
| Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. | ₹0 ₹0 ₹20 / Month (Free for first year) |
Pledge Charges
|
|
| Pledge Creation Charges | ₹30 + GST per pledge request ₹20 + GST per scrip for Equity & ₹50 + GST per scrip for pledging Futures buy and sell and Options Sell orders only ₹20 |
| Pledge Invocation Charges | ₹0 ₹50 + GST per scrip for unpledging ₹20 |
| Interest on Margin Trading | 0.035% per day (equivalent to 12.775% p.a.) ₹20/day for every slab of ₹40,000 taken as MTF 12% |
| Margin Re-Pledge | ₹0 ₹20 + GST per scrip for Equity ₹20 |
Brokerage charges & Fees
|
|
| Brokerage Plan | Standard Standard Standard |
| Equity Delivery Charges | ₹0 ₹20 or 2.5% whichever is lower ₹20 or 0.1% (Whichever is Lower) |
| Equity Intraday Charges | ₹20 or 0.03% per executed order, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) ₹20 or 0.1% (Whichever is Lower) |
| Equity Futures charges | ₹20 or 0.03% per executed order, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) ₹20 or 0.1% (whichever is lower) |
| Equity Options charges | Flat ₹20 per executed order Flat ₹20 per executed order ₹20 / Order |
| Currency Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) ₹20 or 0.1% (whichever is lower) |
| Currency Options charges | Flat ₹20 per executed order Flat ₹20 per executed order ₹20 / Order |
| Commodity Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) ₹20 or 0.1% (whichever is lower) |
| Commodity Options charges | ₹20 per executed order Flat ₹20 per executed order ₹20 / Order |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
Yes
Yes
Yes
|
| NRI Services |
Yes
Yes
Yes
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 080 47181888 022-41792999: All Trading Days – 8 am to 5 pm 022-39019400 |
| Email Support | renu.pd@zerodha.com (10AM - 5PM) support@upstox.com: All Trading Days – 8 am to 5 pm customercare@hdfcsec.com |
| Whatsapp Support |
 No
No
No
|
| Website Support |
Yes, create ticket
Yes, 8AM - 7PM IST, Monday - Saturday
FAQs only
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront |
| Equity Intraday Margin Leverage | Upto 5x depending on the stock (lower leverage for volatile stocks) Leverage ranges from 1x to 5x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks) |
| Equity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront Leverage is 1.3x across all Equity F&O contracts No leverage available; requires full margin upfront |
| Equity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Currency F&O Margin Leverage | No leverage available; requires full margin upfront Leverage is 1.3x across all Currency F&O contracts No leverage available; requires full margin upfront |
| Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront Leverage is 1.3x across all Commodity F&O contracts No leverage available; requires full margin upfront |
| Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Unique Offerings
|
|
| Free Account Opening |
No
Yes
Yes
|
| Free Brokerage | On Stock delivery, Mutual Funds and IPOs only On Mutual Funds and IPOs only On Mutual Funds and IPOs only |
| Free AMC |
Yes
Yes
No
|
| Free Equity Delivery |
Yes
No
No
|
| Free F&O Trading |
No
No
No
|
| Free Intraday Trading |
No
No
No
|
| Free Trading calls |
No
No
No
|
| Happy Trading Hours |
No
No
No
|
| Flexible Brokerage Plans |
No
No
No
|
| Referral Offers |
Yes
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
Yes
Yes
Yes
|
| Brokerage Cashback |
No
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
No
|
| Relationship Manager |
No
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
Yes
|
| Equity Intraday |
Yes
Yes
Yes
|
| Equity Futures |
Yes
Yes
Yes
|
| Equity Options |
Yes
Yes
Yes
|
| Currency Futures |
Yes
Yes
No
|
| Currency Options |
Yes
Yes
No
|
| Commodity Futures |
Yes
Yes
No
|
| Commodity Options |
Yes
Yes
No
|
| Foreign Stocks |
No
No
Yes, US stocks
|
| Mutual Funds |
Yes
Yes
Yes
|
| Banking |
No
No
No
|
| Insurance |
No
No
No
|
| Corporate Bonds |
No
No
No
|
| Govt. Bonds |
No
No
No
|
| Digital Gold |
No
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
Yes
|
| Limit Order |
Yes
Yes
Yes
|
| Bracket Order |
Yes
Yes
No
|
| Cover Order |
Yes
Yes
No
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
No
No
No
|
| Sell Today Buy Tomorrow (STBT) |
No
No
No
|
Research & Reports
|
|
| Annual Reports |
Yes, powered by Tickertape
No
Yes
|
| Company Reports |
Yes, powered by Tickertape
Yes, Basic only
Yes
|
| Research Reports |
Yes, powered by Tickertape
No
No
|
| Fundamental Reports |
Yes, powered by Tickertape
Yes, Basic only
Yes
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
Yes, powered by Streak
Yes, Basic only
No
|
| Stock tips |
No
No
No
|
| Daily Market Review |
No
Yes
Yes
|
| Monthly Review |
No
Yes
Yes
|
| Weekly Review |
No
Yes
Yes
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
|
|
| Equity Delivery STT & CTT | 0.1% on buy & sell 0.1% on buy & sell 0.1% on Buy & Sell |
| Equity Intraday STT & CTT | 0.025% on the sell side 0.025% on the sell side 0.025% on the sell side |
| Equity Futures STT & CTT | 0.0125% on the sell side 0.0125% on sell side 0.0125% on the sell side |
| Equity Options STT & CTT | 0.0625% on sell side (on premium) 0.0625% on sell side (on premium) 0.0625% on sell side (on premium) |
| Currency Futures STT & CTT |
No STT
No STT
Does not offer
|
| Currency Options STT & CTT |
No STT
No STT
Does not offer
|
| Commodity Futures STT & CTT |
0.01% on sell side (Non-Agri)
0.01% on sell trade (Non-Agri)
Does not offer
|
| Commodity Options STT & CTT |
0.05% on sell side
0.05% on sell trade
Does not offer
|
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
No
No
No
|
| Customized Recommendations |
No
No
No
|
| Advanced charting |
Yes
Yes
No
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
Yes
Yes
No
|
| Algo Trading Platform |
Yes
Yes
No
|
| Foreign Stocks Trading Platform |
No
No
Yes, US stocks only
|
| Basket Trading Platform |
Yes
Yes
No
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
No
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group NSE: 0.00325% | BSE: 0.00325% |
| Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group NSE: 0.00325% | BSE: 0.00325% |
| Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 NSE Exchange turnover charge: 0.0019%. BSE: Nil NSE: 0.00230% |
| Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.005% (on premium) NSE Exchange turnover charge: 0.050% (on premium). BSE: 0.0375% (on premium) NSE: 0.056% (on premium) |
| Currency Futures Transaction Charges | 0.0009% NSE: Exchange txn charge: 0.0009% & BSE: Exchange txn charge: 0.00022% Does not offer |
| Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE: Exchange txn charge: 0.035% & BSE: Exchange txn charge: 0.001% Does not offer |
| Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% Non-Agri: Exchange turnover charge: 0.0026% Does not offer |
| Commodity Options Transaction Charges | Exchange txn charge: 0.05% Exchange turnover charge: 0.05% Does not offer |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side 0.015% or ₹1500 / crore on buy side 0.015% or ₹1500 / crore on buy side |
| Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side |
| Currency Futures Stamp Duty |
0.0001% or ₹10 / crore on buy side
0.0001% or Rs 10 per crore on buy-side
Does not offer
|
| Currency Options Stamp Duty |
0.0001% or ₹10 / crore on buy side
0.0001% or Rs 10 per crore on buy-side
Does not offer
|
| Commodity Futures Stamp Duty |
0.002% or ₹200 / crore on buy side
0.002% or ₹200 per crore on buy-side
Does not offer
|
| Commodity Options Stamp Duty |
0.003% or ₹300 / crore on buy side
0.003% or ₹300 per crore on buy-side
Does not offer
|
Other Charges
|
|
| SEBI Turnover Charges | ₹10 / crore ₹10/crore (For all segments) ₹10 / crore |
| DP Charges | ₹13.5 + GST per scrip (irrespective of quantity) ₹18.5 + GST per scrip (irrespective of quantity) ₹20 |
| GST charges | 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹150 per share certificate, ₹100 courier charges, + 18% GST ₹20 per Certificate ₹50 / Share Certificate + Courier Charges |
| Call and Trade charges | ₹50 per order ₹50 + 18% GST ₹20 / Call |
AS SEEN ON
Top Rated
-
Dhan app review & charges
-
Angel one review
-
Groww app brokerage charges
-
Shoonya Finvasia Brokerage charges Review
-
Upstox app review India in 2024: Brokerage Charges list, AMC & Rating
-
Zerodha Trading App Review 2024
-
M.stock charges
-
HDFC Sky review India: Brokerage charges
-
Fyers review and brokerage charges
Top offers
