Upstox or Zerodha ?
Both these discount brokerage companies have the same model of business
I am thinking of opening an demat and trading account in Upstox as it has free account opening charges and application can be done online
Are there anyone who have used both
Can you recommend from these for those who are just starting out and would like to just taste live market with little money
Are there any good features that i would miss with zerodha if i choose Upstox ?
I have A/C in both Zerodha and Upstox
both are same in brk+tech+fees+transaction etc.
but UPSTOX is far better than Zerodha because zerodha hang many time during a single day,but upstox rarely hangs.
zerodha have many more clients than upstox so their platform traffic is high due to which it offten hang.
So I prefer UPSTOX with same technology,same brokerage and less(zero) hang problem.
for more update follow
I tried both. With UpStox I could execute or cancel orders, because they have a fallback portal. Zerodha wasn't reliable for day trading though. In case of high volatility, the website could suddenly go down and it was a regular issue. Not sure about the details of margin trading (currently).
Honestly saying Upstox is much better, you may safely use it, that is for sure.
Alex, Casinority ZA