Choosing the right stockbroker is crucial for traders and investors alike. In India, Angel One and Upstox have emerged as two of the most popular choices—each offering competitive pricing, modern trading platforms, and various investment avenues. But which one should you go for? Let’s break down the key aspects and see how Angel One and Upstox stack up against each other in 2025.
Must Read & Click below photo-
1. Account Opening Charges
Both Angel One and Upstox offer free account opening. There are no setup costs involved, which makes either platform suitable for beginners who want to start trading without paying any upfront fees.
Verdict: Tie – Zero account opening charges on both platforms.
2. Annual Maintenance Charges (AMC)
In line with the current trend of discount brokers waiving maintenance fees, both Angel One and Upstox offer zero AMC. This is a big win for small and passive investors who want to avoid unnecessary deductions from their portfolio.
Verdict: Tie – No recurring AMC with either broker.
3. Brokerage for Equity Delivery
Angel One offers a cost-effective model here, charging 0.1% or ₹20 per executed order, whichever is lower. Upstox, on the other hand, has a flat fee of ₹20 per order. For investors making larger delivery trades, Angel One can potentially be more economical.
Verdict: Angel One is slightly better for delivery-based investors.
4. Brokerage for Intraday Trades
Intraday traders often prioritize low brokerage due to high trade frequency. Angel One charges 0.03% or ₹20 per order, whichever is lower. Upstox charges 0.10% or ₹20, again choosing the lower of the two. Although the difference may seem small, Angel One edges ahead with a lower percentage rate.
Verdict: Angel One offers slightly lower charges for intraday trading.
Must Read & Click below photo-
5. Options Trading Brokerage
When it comes to trading in options, both brokers keep things simple: a flat ₹20 per executed order. Whether you’re trading NIFTY or BANKNIFTY options, the costs are identical.
Verdict: Tie – Identical pricing for options trading.
6. Futures Trading Charges
Just like options, futures trading also comes with a ₹20 per order charge on both platforms. This transparency is beneficial for traders in the derivatives market.
Verdict: Tie – Equal pricing for futures.
7. Trading Platforms
Angel One users get access to the Angel Broking App, available on web and mobile. Upstox provides its Upstox Pro platform on web, mobile, and desktop. The desktop availability gives Upstox a slight edge, especially for advanced traders who prefer multi-screen setups.
Verdict: Upstox has more platform flexibility, particularly for desktop users.
Must Read & Click below photo-
8. Customer Support
Support quality can significantly affect a trader’s experience. Both brokers offer help via phone, email, and live chat during business hours. However, Angel One is generally known for being more responsive across these channels.
Verdict: Angel One offers better customer responsiveness based on user perception.
9. Investment Options Available
Both Angel One and Upstox provide access to equity, commodities, derivatives, and mutual funds—making them versatile platforms for most Indian retail investors.
Verdict: Tie – Equal breadth of investment options.
10. Research and Advisory Services
Angel One delivers a more comprehensive research experience with detailed stock reports and professional recommendations. Upstox, while it offers basic research tools, mainly focuses on providing charts and news.
Verdict: Angel One is ahead in research and advisory support.
11. User Interface and Experience
Angel One is known for its clean and simple interface, ideal for new investors. Upstox offers a modern, intuitive layout designed for both beginners and professionals. Both platforms are well-optimized, and which one feels better depends largely on personal preference.
Verdict: Tie – Both platforms are user-friendly with good design.
12. Unique & Additional Features
Angel One users benefit from free research reports and algorithmic trading tools, which are particularly useful for technical traders. Upstox, on the other hand, provides integrated tools and account aggregation features, which streamline portfolio management.
Verdict: Tie – Each offers unique features tailored to different needs.
Final Thoughts: Which One Should You Choose?
If you are a value-conscious trader who relies on research insights, Angel One might be more suited to your needs due to its lower brokerage in some areas and strong advisory services.
If you prefer a feature-rich platform with desktop trading and modern UI, Upstox offers great flexibility and is just as competitive in most other areas.
Must Read & Click below photo-