Compare Upstox
Upstox
Samco
Samco
Zerodha
Zerodha

Background

Year of Incorporation 2008 - Retail operations from 2012 as RKSV 2008 2010
Website http://www.upstox.com http://www.samco.in http://www.zerodha.com
Phone 022-61309999 022-22227777 080-40402020
Exchanges enabled NSE, BSE & MCX NSE, BSE, MCX, NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) NSDL- Partnership with ILFS CDSL CDSL - ZERODHA SECURITIES PVT. LTD.
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 - Rs 16.17 Lakhs Rs 8.17 Lakhs Rs 2.3 Crores
Profit after Tax FY12/13 Rs 24 lakhs Rs 10.64 Lakhs Rs 5.8 Crores
Profit after Tax FY13/14 - Rs 68.7 Lakhs Rs 5.88 Lakhs Rs 10.27 Crores
Profit after Tax FY 14/15 - Rs 0.57 Lakhs Rs 13.5 Lakhs Rs 19.3 Crores
Profit after Tax FY 15/16 - Rs 4.4 Crores - Rs 4.1 Crores Rs 44.2 Crores
Debt FY11/12 0 0 0
Debt FY12/13 0 0 0
Debt FY13/14 Rs 1.38 Crores 0 0
Debt FY14/15 Rs 1.30 Crores 0 0
Debt FY15/16 0 0 0
Profit to Equity(%) FY11/12 (3.48) 24 152
Profit to Equity(%) FY12/13 5.10 2.4 244
Profit to Equity(%) FY13/14 (13.73) 1.26 147
Profit to Equity(%) FY14/15 0.01 1 120
Profit to Equity(%) FY15/16 (96) (30) 169
Balance Sheet Size FY11/12 Rs 6.2 Crores Rs 4.58 Crores Rs 25.4 Crores
Balance Sheet Size FY12/13 Rs 15.1 Crores Rs 7.97 Crores Rs 64.5 Crores
Balance Sheet Size FY13/14 Rs 27.9 Crores Rs 15.2 Crores Rs 111.1 Crores
Balance Sheet Size FY14/15 Rs 45.9 Crores Rs 23 Crores Rs 198 Crores
Balance Sheet Size FY15/16 Rs 79.4 Crores Rs 42 Crores Rs 417.8 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 4,631 NA 17,523
Active clients - 2014 7,372 NA 30,379
Active clients - 2015 10,622 8,256 61,970
Active clients - 2016 13,774 16,380 1,28,736
Active clients Rating


Brokerage

Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower Rs 20/executed order or 0.01% whichever is lower
Currency Futures Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower Rs 20/executed order or 0.01% whichever is lower
Commodity Rs 20/executed order or 0.01% whichever is lower Rs 20/executed order or 0.02% whichever is lower Rs 20/executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only Nill Rs 200 Rs 300 if couriered & Rs 200 if you print the form
Trading & Demat Nill Rs 600 Rs 200 if couriered & Rs 100 if you print the form
Commodity Nill Rs 200 Rs 300 if couriered & Rs 200 if you print the form
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% on Turnover 0.00325% on Turnover 0.00325% on Turnover
Futures 0.0021% on Turnover 0.0021% on Contract Turnover 0.0021% on Contract Turnover
Options 0.059% on Premium Turnover 0.053% on Premium Turnover 0.053% on Premium Turnover
Commodities 0.0036% on Turnover 0.0031% on Contract turnover 0.0031% on Contract turnover
AMC charge Nill Trading: 0, Demat: Rs 300 Trading: 0, Demat: Rs 300/year
DP Transaction Charge Rs 15.50 per debit instruction Rs 25 or 0.02% whichever is higher Rs 14 per debit instruction
Offline order placing Charge Rs 20 per executed order Rs 20 per executed order Rs 20 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days 5 days on NEST 365 days on Zerodha Pi
End of Day 10 years 5 years on NEST 10 years on Zerodha Pi
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 20 times for intraday, 0 for delivery Upto 15 times for Intraday, No leverage for delivery Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 4 times for intraday Upto 2.5 times for intraday Upto 7 times intraday leverage
Equity Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 2.5 times for intraday Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures Upto 4 times for intraday Upto 2.5 times for intraday 2 times intraday leverage
Currency Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 2.5 times for intraday Buying no leverage, Shorting upto 2 times intraday leverage
Commodity Upto 3 times for intraday Upto 2 times for intraday 2.5 times intraday leverage
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review

Upstox formerly RKSV is one of the well-known names in discount broking. Pros: Good platforms and pricing. Cons: Unreliable support, no mutual funds platform, no margin funding. Read More Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More