About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra... 
About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Groww Invest Tech Pvt Ltd, which is a SEBI-registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offe...
Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| Upstox | Groww | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2012 | 2016 |
| Number of Branches | 4 | 0 |
| Open Upstox Account | Open Groww Account |
Upstox trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Groww Demat Account AMC Charges is Rs 0.
| Upstox | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 150 | Rs 0 |
Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Upstox Default | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | NA |
| Currency Options | Rs 20 per executed order | NA |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is low |
| Special Offer | Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Minimum Brokerage | 0.05% | Rs 20 or 0.05% per executed order |
| Other Charges | Auto Square-off Charges: Rs 50 | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
| Call & Trade Charges | Rs 20 per trade | NA |
| Open Upstox Account | Open Groww Account |
Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Upstox | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Upstox Account | Open Groww Account |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Groww offers Groww trading software.
| Upstox | Groww | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | Groww |
| Intraday Square-off Time | 3:00 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Option strategy builder | |
| Open Upstox Account | Open Groww Account |
Upstox is rated of 5 based on 150 customer reviews whereas Groww is rated of 5 based on 107 customer reviews.
| Upstox | Groww | |
|---|---|---|
150 Customer Reviews  | 107 Customer Reviews | |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Upstox is Rated 2.4 / 5 based on 150 customer reviews | Groww is Rated 3.8 / 5 based on 107 customer reviews |
| Upstox | Groww | |
|---|---|---|
| Contact Broker | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. | Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Upstox | Groww | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Upstox | Groww | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Upstox Account | Open Groww Account |
| Upstox | Groww | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Upstox | Groww | |
|---|---|---|
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. | |
| Promo / Offers | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. | Groww Special OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
| Open Upstox Account | Open Groww Account |
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