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Upstox Vs Stoxkart Vs Groww: Which one is better?

The brokerage of Upstox ranges between Rs 20, the brokerage of Stoxkart ranges between Rs. 15 per order, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, Stoxkart is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of Upstox vs Stoxkart vs Groww 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 Stoxkart vs Groww 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 Stoxkart vs Groww in this setion with 360 degree view of broker information.

Compare Upstox vs Stoxkart vs Groww on Service

  Upstox Compare
Upstox
Stoxkart Compare
Stoxkart
Groww Compare
Groww
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, MCX NSE, BSE
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. Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Upstox Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Upstox vs Stoxkart vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Upstox vs Stoxkart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening, Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opeing, and Groww charges Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, Stoxkart charges Rs. 300 AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs Stoxkart vs Groww
Charges Upstox Stoxkart Groww
Trading Account Opening Fees Promotion offer: Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs. 300 Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs Stoxkart vs Groww on Plan Options

Plans are the most important feature you look when compare Upstox vs Stoxkart vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Stoxkart offers Multiple Plans where Upstox and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Upstox vs Stoxkart vs Groww on Plan Options
Plan Types Upstox Stoxkart Groww
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Upstox Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Upstox vs Stoxkart vs Growwon Brokerage Charges

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

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Upstox vs Stoxkart vs Groww
Brokerage Charges Compare Upstox Stoxkart Groww
Plan Name Max Rs 20 Per Order Trading Plan Flat Brokerage Plan - Rs. 15 per order Flat Brokerage Plan
Equity Delivery 2.5% or Rs 20 whichever is lower Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 per order 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 per order Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 per order Flat Fee Rs 20
Currency Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15 per order Not Available
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 per order Not Available
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15 per order Not Available
Minimum Brokerage
Hidden Charges Info Not Available No
Funding Info Not Available Yes NA
Call & Trade Charges Rs 50 + 18% GST Rs 20 Per Executable Order Rs 50 Per Executable Order
Auto Square off Charges Rs 50 + 18% GST Rs 20 Per Executable Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Stoxkart Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Upstox vs Stoxkart vs Groww on Transaction Charges

Compare Upstox vs Stoxkart vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox vs Stoxkart vs Groww
Transaction Charges Compare Upstox Stoxkart Groww
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for stoxkart Complete Brokerage Plans for groww
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Account Features

Compare Upstox vs Stoxkart vs Groww on Account Features

Compare Upstox vs Stoxkart vs Groww 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 Stoxkart and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Stoxkart offers NRI Trading where Upstox and Groww doesn't offers NRI Trading.

Account Features - Upstox vs Stoxkart vs Groww
Account Features Compare Upstox Stoxkart Groww
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 Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM 3:10 PM
NRI Trading No Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Upstox vs Stoxkart vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs Stoxkart vs Groww. 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 Stoxkart vs Groww
Trading Platform Compare Upstox Stoxkart Groww
Desktop Trading Platform Upstox Pro Groww App
Desktop Demo Info Not Available Info Not Available Info Not Available
Desktop Platform (Windows) No Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://pro.upstox.com/

yes

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes No Yes
Mobile Trading App Upstox yes Groww App
Mobile Trading App Demo Upstox Demo yes Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod yes Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Upstox Download iOS yes Download iOS Groww App 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 Stoxkart Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Stoxkart Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Stoxkart Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for stoxkart Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Upstox vs Stoxkart vs Groww on User Rating

  Upstox Stoxkart Groww
  12 Customer Reviews    Rate Upstox Customer Reviews    Rate Stoxkart 8 Customer Reviews    Rate Groww
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 Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Upstox vs Stoxkart vs Groww on Investment Offerings

Compare Upstox vs Stoxkart vs Groww 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 Stoxkart offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Upstox vs Stoxkart vs Groww
Investment Offerings Compare Upstox Stoxkart Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD No 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 Yes No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Upstox vs Stoxkart vs Groww on Order Types

Order Type - Compare Upstox vs Stoxkart vs Groww 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) - Upstox and Stoxkart provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Upstox and Stoxkart provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Upstox and Stoxkart AMO facility where Groww doesn't provides AMO. GTC Orders - Upstox offers Good Till Cancelled (GTC) orders facility where Stoxkart and Groww doesn't provides GTC.

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

Compare Upstox vs Stoxkart vs Groww on Customer Service

Compare Upstox vs Stoxkart vs Groww 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 Stoxkart vs Groww
Customer Service Compare Upstox Stoxkart Groww
24/7 Customer Service No Yes No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number +91 22 6130 9999 1800 11 3331 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.stoxkart.com/learning-center.php https://groww.in/academy
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://upstox.com/ https://www.stoxkart.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Upstox vs Stoxkart vs Groww on Research Reports, Tips

Compare Upstox vs Stoxkart vs Groww on research reports and tips provided by broker.

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

Compare Upstox vs Stoxkart vs Groww on Demat Account

Compare Upstox vs Stoxkart vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox vs Stoxkart vs Groww
  Upstox Stoxkart Groww
DP Source CDSL CDSL CDSL
DP ID 81800 19100 No
Demat Account Annual Maintenance Charges(AMC) ₹300 PA ₹300 pa Zero
Advance Deposit NIL AMC will be charged in advance. Nil
Statutory charges Nil Stamp Paper Charges Legal Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹10+CDSL charges ₹5 ₹8 + ₹5.50 CDSL charges
Demat ₹20 + ₹50 courier charges ₹150 per certificate ₹150 per certificate + courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹150 for every hundred securities + depositry charges ₹150 per certificate + courier charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 per instruction+CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹50 ₹50 per instraction ₹50
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil
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Special Offers,Advantages,Disadvantages

Compare Upstox vs Stoxkart vs Groww on Special Offers and Promotion

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

Compare Upstox vs Stoxkart vs Groww on Special Offers and Promotion
  Upstox Stoxkart Groww
Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only

Pay-in/adding funds - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays

Max 24 hrs except bank holidays

Max 24 hrs except bank holidays
Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. 22+ Banks Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
IFSC Code: HDFC0000003
NA
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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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 provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

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 No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquire for Upstox Enquire for Stoxkart Enquire for Groww

Last Updated on 2023-12-15T00:33:11+00:00