Investing in the stock market requires a reliable Demat account, and choosing the right brokerage firm is essential for both new and experienced traders. Two notable names in the industry, Upstox and Rupeezy, provide competitive services to traders and investors. In this detailed comparison, we will analyze their features, brokerage charges, platforms, and more to help you decide the best option.
Overview of Upstox and Rupeezy
Upstox
Upstox is a leading discount broker in India, backed by investors like Ratan Tata. It offers seamless online trading across equities, commodities, currencies, mutual funds, and IPO investments. Known for its user-friendly platforms and advanced trading tools, Upstox is a preferred choice for both beginners and active traders.
Referral Link: Open Upstox Demat Account
Rupeezy
Rupeezy is an emerging discount brokerage firm that offers cost-effective trading services. It focuses on providing a seamless trading experience with a simple and efficient user interface, making it an excellent option for traders looking for low brokerage fees.
Referral Link: Open Rupeezy Demat Account
1. Account Opening Charges & AMC (Annual Maintenance Charges)
| Feature | Upstox | Rupeezy |
|---|---|---|
| Account Opening Fee | Free | Free |
| AMC Charges | ₹150 per year | ₹300 per year |
Verdict: Upstox offers a lower AMC charge, making it more cost-effective in the long run.
2. Brokerage Charges
| Type of Trade | Upstox | Rupeezy |
| Equity Delivery | Free | Free |
| Intraday | ₹20 per order | ₹10 per order |
| Futures | ₹20 per order | ₹10 per order |
| Options | ₹20 per order | ₹10 per order |
| Currency Trading | ₹20 per order | ₹10 per order |
| Commodity Trading | ₹20 per order | ₹10 per order |
Verdict: Rupeezy offers lower brokerage fees compared to Upstox, making it a better choice for active traders.
3. Trading Platforms & User Experience
Upstox Trading Platform
- Upstox Pro Web: Browser-based platform with advanced charting tools and real-time data.
- Upstox Pro Mobile: A mobile app offering seamless trading and investment options.
- API Access: Available for algorithmic traders.
Rupeezy Trading Platform
- Rupeezy Web: A user-friendly web-based trading platform.
- Rupeezy Mobile App: An intuitive app for trading on the go.
Verdict: Upstox provides a more feature-rich and advanced trading experience, whereas Rupeezy focuses on simplicity and ease of use.
4. Margin & Leverage
| Trading Type | Upstox | Rupeezy |
| Equity Intraday | Up to 5X | Up to 10X |
| Futures | Up to 4X | Up to 8X |
| Options | No leverage | Up to 5X |
| Commodity | Up to 3X | Up to 5X |
Verdict: Rupeezy offers higher leverage, making it suitable for traders who require margin-based trading.
5. Customer Support & Assistance
| Feature | Upstox | Rupeezy |
| Support Type | Phone, Email, Chat | Phone, Email, Ticket |
| Response Time | Fast | Moderate |
| Research & Insights | Limited | Limited |
Verdict: Upstox provides better customer support and faster response times compared to Rupeezy.
6. Investment Options
| Investment Type | Upstox | Rupeezy |
| Equity | ✅ | ✅ |
| Derivatives | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Mutual Funds | ✅ | ❌ |
| IPO | ✅ | ✅ |
| Bonds | ❌ | ❌ |
Verdict: Upstox supports mutual fund investments, making it a more diverse platform for investors.
7. Pros & Cons
Upstox
Pros:
- Advanced and user-friendly trading platforms.
- Free equity delivery trading.
- Lower AMC charges.
- Backed by Ratan Tata.
Cons:
- Higher brokerage compared to Rupeezy.
- Lower leverage for margin trading.
Rupeezy
Pros:
- Lower brokerage fees.
- Higher leverage for intraday trading.
- Simple and intuitive trading platform.
Cons:
- Higher AMC charges.
- Limited investment options (no mutual funds).
Conclusion: Which One Should You Choose?
- If you are a beginner or long-term investor, Upstox is a better choice due to its user-friendly interface, free equity delivery, and lower AMC.
- If you are an intraday trader or need higher leverage, Rupeezy is a better option due to its lower brokerage fees and margin-based trading.
Both brokers have their strengths, and the final choice depends on your trading style and investment needs. To get started, you can open a Demat account with either broker through the links below:
