Zerodha Kite Vs Upstox Trading Platform Comparison

Zerodha Kite is the flagship trading platform offered by Zerodha, India's most popular stock broker. Kite platform has a website and mobile trading app which is developed in-house by Zerodha.

Upstox is a web-based trading platform introduced in 2016. The platform provides a range of features for customers to analyze their trades and trade across stocks, commodities, currencies, futures and options across NSE, BSE and MCX.

Equities, Currency and Derivatives

MIS, CNC, NRML

NSE, BSE, MCX

Omnesys NEST OMS

Omnesys NEST RMS

• Invest in stocks, bonds, ETFs, IPOs, government bonds, and gold bonds with zero brokerage fees.
• The Zerodha Kite platform offers powerful trading tools, including charting, analytics for futures and options, investment research, and backtesting.
• Zerodha Kite provides easy-to-read tax reports that can be used to file tax returns without hassle.
• Zerodha Kite portfolio tab gives Filtered and curated updates for the investments.
• Free access to products like Sensibull, Tijori, Streak, Quicko, and more.
• No gimmicks, spam, "gamification," or annoying push notifications.
• Trade futures and options (F&O) on the NSE and BSE, such as Nifty, Sensex, FinNifty, BankNifty, etc.
• Trade from charts and manage positions from the charting window.
• Commodities futures and options (F&O) contracts on MCX, such as Crude Oil and Gold.
• Currency futures and options (F&O) on Dollar (USDINR), Euro (EURINR), Yen (JPYINR) and Pound (GBPINR).
• Option Chain with real-time option prices, Implied Volatility (IV), IV percentile, Open Interest (OI) and OI change.
• Day’s high-low bar on the Kite app- The High-Low bar shows you where the share is trading compared to the high and low of the day
• Take a break from using Kill Switch, which instantly disables trading if you are overtrading and stressed.
• Virtual contract note to get a breakdown of brokerage costs and taxes for the day.

• Built in-house by upstox engineers from scratch.
• HTML5 browser-based trading platform.
• Mobile trading app for on-the-go trading and monitoring.
• 100+ technical indicators.
• 10 drawing tools to make analysis easy.
• Opens 5 different windows at a time.
• Customizable workspace.
• Easy to use interface
• Doesn't offer installable trading terminal.
• Uses powerful Omnesys API, RMS and OMS in the background.

Kite is Zerodha’s trading platform, with many features that its competitors do not offer. Zerodha brings 100 new functions to the market with every new Kite platform version. Here are a few key new features from Zerodha that make Kite a unique trading experience. 

1. Dashboard, Market Watches Streaming Quotes, Browser Notifications Market Depth View with Streaming Updates
2. Floating Order Window, Exit multiple orders/positions in one click, Multiple chart view (4 charts on the same screen).
3. Order Types: Brackets Orders, Cover orders, GTT Orders, After Market Orders.
4. Apply Mainboard and SME IPO Using BHIM UPI.
5. Universal instrument search: (search more than 90,000 stocks and F&O contracts) Level 3 data: Includes exclusive access to level 3 data, or 20 market depth
6. Advanced charting: Includes hundreds of indicators, studies, and tools on a customisable charting interface
7. Multilingual trading (trade in 11 regional languages).
8. Quick Order WIndow on Kite- Buy and sell securities in just two clicks. Simply enter the amount you want to invest or the number of shares you want to buy.
9. Invest in National Pension Scheme (NPS), Government Securities and SIPs
10. Gift Nifty on Kite-Track the Gift Nifty on Kite by searching for it. It is a futures contract based on the Nifty 50 index and trades for 20 hours on the NSE International Exchange.
11. Zerodha Minor Account Opening-Zerodha now offers free online minor account opening, allowing parents to easily invest in stocks, mutual funds, and bonds for their kids' future.

Key features of the platform are:

• Trade in stocks, F&O, currencies and commodities through a single window.
• Powerful charting tools with 100+ indicators to deeply analyze scrips.
• Real-time data feeds on the scrips.
• Access predefined stock list and indices.
• Universal search tool.
• Prepare a list of stocks with detailed information in quote panel.
• Set price alerts for desired scrips.
• Buy and sell stocks in one click.
• Customizable workspace.
• Add widgets to create a personalised experience.

• Clean & intuitive UI
• ₹0 brokerage for equity delivery and flat ₹20 for F&O trading.
• Universal search for all contracts across all exchanges - NSE, BSE, MCX
• Live Steaming quotes
• Multiple marketwatch and live market depths
• Advanced chart with 100+ indicators
• Advance order types including AMO, BO (Bracket orders), CO (Cover orders)

• Built in-house. New features are added frequently.
• Built using the latest technology.
• Truly zero brokerage for equity delivery (cash & carry) orders.
• Flat Rs 20 per trade for orders in all other segments.
• Advance order type like BO and CO are available.

• Not available as installable trading terminal.
• Option to investing in IPO's online is not available.
• Mutual Funds investment is not part of this platform.
• Reporting is part of a seprate backoffice software.
• Dependency on Omnesys OMS and RMS systems.

• Installable desktop trading terminal is not available.
• Mutual funds are not available as part of this trading platform.
• No trading tips, news or major event alerts in the app.
• GTC/GTD orders are now available.