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Upstox Vs ProStocks Vs Alice Blue: Which one is better?

The brokerage of Upstox ranges between Rs 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, ProStocks is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Upstox vs ProStocks vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Upstox vs ProStocks vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Upstox vs ProStocks vs Alice Blue in this setion with 360 degree view of broker information.

Compare Upstox vs ProStocks vs Alice Blue on Service

  Upstox Compare
Upstox
ProStocks Compare
ProStocks
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Upstox Request call back from Alice Blue Request call back from ProStocks
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Account Opening Charges and AMC

Compare Upstox vs ProStocks vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Upstox vs ProStocks vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks and Alice Blue offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs ProStocks vs Alice Blue
Charges Upstox ProStocks Alice Blue
Trading Account Opening Fees Promotion offer: Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 0 (Rs 1000 Refundable Deposit) Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs ProStocks vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Upstox vs ProStocks vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks and Alice Blue offers Multiple Plans where Upstox doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Upstox and Alice Blue doesn't offer.

Compare Upstox vs ProStocks vs Alice Blue on Plan Options
Plan Types Upstox ProStocks Alice Blue
Multiple Plans No Yes Yes
Monthly Plans No Yes No
Yearly Plans No Yes No
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Account Opening Request

Account Opening

  Upstox Alice Blue ProStocks
Account Opening Request
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Brokerage Charges

Compare Upstox vs ProStocks vs Alice Blueon Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Upstox vs ProStocks vs Alice Blue
Brokerage Charges Compare Upstox ProStocks Alice Blue
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan F15 Plan
Equity Delivery 2.5% or Rs 20 whichever is lower Free Free
Equity Intraday 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 15
Currency Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 NA Flat Fee Rs 15
Minimum Brokerage NA NA
Hidden Charges Info Not Available No
Call & Trade Charges Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST
Auto Square off Charges Rs 50 + 18% GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for ProStocks Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Upstox vs ProStocks vs Alice Blue on Transaction Charges

Compare Upstox vs ProStocks vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox vs ProStocks vs Alice Blue
Transaction Charges Compare Upstox ProStocks Alice Blue
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for prostocks Complete Brokerage Plans for alice-blue
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Account Features

Compare Upstox vs ProStocks vs Alice Blue on Account Features

Compare Upstox vs ProStocks vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where ProStocks and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox offers margin funding where ProStocks and Alice Blue doesn't offers margin funding. NRI Trading - ProStocks and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Upstox vs ProStocks vs Alice Blue
Account Features Compare Upstox ProStocks Alice Blue
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes No No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading No Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Upstox vs ProStocks vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs ProStocks vs Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Upstox vs ProStocks vs Alice Blue
Trading Platform Compare Upstox ProStocks Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://pro.upstox.com/

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Upstox Star ProStocks ANT Mobile
Mobile Trading App Demo Upstox Demo Star ProStocks Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Upstox Download iOS Star ProStocks Download iOS ANT Mobile 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 Upstox Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for prostocks Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Upstox vs ProStocks vs Alice Blue on User Rating

  Upstox ProStocks Alice Blue
  12 Customer Reviews    Rate Upstox 20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Upstox vs ProStocks vs Alice Blue on Investment Offerings

Compare Upstox vs ProStocks vs Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Upstox and Alice Blue offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Upstox and Alice Blue offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Upstox vs ProStocks vs Alice Blue
Investment Offerings Compare Upstox ProStocks Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application Yes No No
Mutual Funds Yes No Yes
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Upstox vs ProStocks vs Alice Blue on Order Types

Order Type - Compare Upstox vs ProStocks vs Alice Blue on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Upstox and ProStocks offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

Order Types - Compare Upstox vs ProStocks vs Alice Blue
Order Type Compare Upstox ProStocks Alice Blue
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare Upstox vs ProStocks vs Alice Blue on Customer Service

Compare Upstox vs ProStocks vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Upstox vs ProStocks vs Alice Blue
Customer Service Compare Upstox ProStocks Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No Yes
Customer Care Number +91 22 6130 9999 +91-2262-434343 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.prostocks.com/faq.html https://tradeschool.aliceblueonline.com/
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://upstox.com/ https://www.prostocks.com https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Upstox vs ProStocks vs Alice Blue on Research Reports, Tips

Compare Upstox vs ProStocks vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Upstox vs ProStocks vs Alice Blue
  Upstox ProStocks Alice Blue
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No Yes
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Upstox vs ProStocks vs Alice Blue on Demat Account

Compare Upstox vs ProStocks vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox vs ProStocks vs Alice Blue
  Upstox ProStocks Alice Blue
DP Source CDSL CDSL CDSL
DP ID 81800 83200 85300
Demat Account Annual Maintenance Charges(AMC) ₹300 PA Free (₹1000 Refundable Deposit) ₹400 pa
Advance Deposit NIL 1000/- Refundable Deposit against charges Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹20 per ISIN 0.04% of the value of the transaction
Demat ₹20 + ₹50 courier charges ₹50 per set up + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹50 per set up + ₹50 courier charges ₹30 per certificate + CDSL charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50 ₹20 + CDSL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹50 ₹20 + CDSL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹50 ₹20 + CDSL charges
Failed Instruction Charges ₹50 ₹50 per transaction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Upstox vs ProStocks vs Alice Blue on Special Offers and Promotion

Compare Upstox vs ProStocks vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Upstox vs ProStocks vs Alice Blue on Special Offers and Promotion
  Upstox ProStocks Alice Blue
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire for Upstox Enquire for ProStocks Enquire for Alice Blue

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