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HomeStock BrokerUpstox vs Angel One

Upstox vs Angel One

Side-by-side view of features, pricing context, and platform fit.

Upstox

Upstox

Active Clients: 20,36,413

Upstox is a technologically advanced low-cost brokerage firm in India, offering trading services in equities, commodities, currency, futures, and options via web and mobile platforms. Upstox has received investment fr...

Angel One

Angel One

Active Clients: 67,45,594

Established in 1987, Angel One is one of India's largest full-service retail brokers, also providing discount-style online brokerage plans. The brokerage firm offers stock and commodity trading, investment advisory se...

Side-by-Side Compare Table

CategoryUpstoxAngel One
Basic Details
  • •Broker Type: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
Charges & AMC
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
Brokerage
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
Other Charges
  • •Call and Trade: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.
Leverage (Margin)
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.
Features
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
Trading Platforms
  • •Upstox Pro web platform
  • •Upstox mobile app
  • •Angel One App (mobile)
  • •Angel One Trade (web)
Reviews & Ratings
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).
Investment Options
  • •Equity
  • •F&O
  • •Equity
  • •Commodity
Order Types Offered
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
  • •Standard market and limit orders
  • •Intraday and delivery order flows
Suitable For (Investor Type)
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
Pros and Cons
  • •Pros:
  • •Competitive low-cost brokerage model.
  • •Pros:
  • •Strong brand history and physical support network.

Detailed Comparison

Basic Details

UpstoxAngel One
  • •Broker Type: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
  • •SEBI Registration: INZ000315837
  • •NSE Member Code: 13942
  • •Net Worth: Rs 839.83 Cr
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
  • •SEBI Registration: INZ000161534
  • •NSE Member Code: 12798
  • •Net Worth: Rs 4620.22 Cr

Charges & AMC

UpstoxAngel One
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • •App/web platform model with low-cost pricing
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
  • •Call and Trade: Charged separately (commonly Rs 20 per trade)

Brokerage

UpstoxAngel One
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • •Equity Futures: Rs 20 or 0.05% (whichever is lower)
  • •Equity Options: Flat Rs 20 per order
  • •Currency/Commodity: Similar low-cost flat-fee pattern as per segment tables
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • •Equity F&O: Flat Rs 20
  • •Currency F&O: Flat Rs 20
  • •Commodity F&O: Flat Rs 20

Other Charges

UpstoxAngel One
  • •Call and Trade: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
  • •DP sell charges and statutory charges are additional
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.

Leverage (Margin)

UpstoxAngel One
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.

Features

UpstoxAngel One
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
  • •Direct mutual fund access with zero commission.
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
  • •Research plus advisory ecosystem.
  • •Unified web, mobile, and desktop access.

Trading Platforms

UpstoxAngel One
  • •Upstox Pro web platform
  • •Upstox mobile app
  • •Angel One App (mobile)
  • •Angel One Trade (web)
  • •Angel SpeedPro (desktop terminal)

Reviews & Ratings

UpstoxAngel One
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).

Investment Options

UpstoxAngel One
  • •Equity
  • •F&O
  • •Commodity
  • •Currency
  • •Mutual funds
  • •Equity
  • •Commodity
  • •Currency
  • •F&O
  • •Mutual funds
  • •Other distributed financial products

Order Types Offered

UpstoxAngel One
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
  • •Call-and-trade assisted execution
  • •Standard market and limit orders
  • •Intraday and delivery order flows
  • •Call-and-trade assisted orders

Suitable For (Investor Type)

UpstoxAngel One
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
  • •Investors needing discount pricing across major segments.
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
  • •Investors preferring both online and assisted channels.

Pros and Cons

UpstoxAngel One
  • •Pros:
  • •Competitive low-cost brokerage model.
  • •Broad segment coverage across equity, derivatives, commodity, and currency.
  • •Free account opening and strong digital onboarding.
  • •Cons:
  • •Assisted services add extra charges.
  • •Some advanced full-service advisory expectations may not be met.
  • •Pros:
  • •Strong brand history and physical support network.
  • •Discount-style flat brokerage in key segments.
  • •Advisory and research stack available.
  • •Cons:
  • •Some plan terms and margin products can be complex for beginners.
  • •Extra operational charges apply for selected assisted services.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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