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Zipper Trade Vs Upstox – Share Brokers Comparison
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Zipper Trade Vs Upstox
Here is a point by point comparison of Zipper Trade Vs Upstox. Upstox (also known as RKSV) is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix. Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Discount brokers such as Upstox or Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Zipper Trade Vs Upstox to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Zipper Trade Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Stock Broker | Discount Broker |
| Incorporated In the Year | 2016 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹150 |
| Transaction Charges | Zipper Trade Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | ₹0 |
| Intraday Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | ₹20 per executed order |
| Equity Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | ₹20 per executed order |
| Equity Options | ₹15 per executed order | ₹20 per executed order |
| Currency Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | ₹20 per executed order |
| Currency Options | ₹15 per executed order | ₹20 per executed order |
| Commodity | ₹15 per executed order | ₹20 per executed order |
| Brokerage Calculator | Zipper Trade Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, No exposure for Delivery | Upto 20 times Intraday |
| Equity Futures | 2 times for Intraday | Upto 4 times for Intraday |
| Equity Options | 3 times for Intraday | Upto 4 times for Intraday |
| Currency Futures | 2 times for Intraday | Upto 4 times for Intraday |
| Currency Options | 3 times for Intraday | Upto 4 times for Intraday |
| Commodities | 2 times for Intraday | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity |  | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | ODIN Diet, NOW Online | NEST, Upstox, Upstox Pro |
| Complaints percentage | 0.05% | 0.12% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zipper Trade Vs Upstox for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Broker Name
Zipper Trade Vs Upstox
Overall Rating
