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IG vs Upstox
The Ultimate Head-to-Head Broker Showdown
Key Differences
1
Trust & Regulation: IG boasts a higher trust score (95) compared to Upstox (82).
2
Account Minimum: Upstox requires a lower initial deposit of Free.
3
Features: Both brokers offer compelling tools, but IG focuses heavily on Stocks while Upstox is known for Stocks.
Detailed Comparison
Trust Score
95
82
Account Minimum
Free
Free
Annual Maint. Charge (AMC)
Free
Free
Equity Delivery Fee
£8/trade
Free
Platforms
Web, Desktop (ProRealTime), MT4, iOS, Android
Web (Upstox Pro), iOS, Android
Our Verdict
When comparing IG and Upstox, the choice depends heavily on your trading style and fee preferences. IG comes out slightly ahead with a higher Trust Score of 95/100, indicating stronger regulatory oversight and user satisfaction. However, Upstox might still be the better option depending on their specific account minimums and fee structure.
Frequently Asked Questions
Is IG better than Upstox?
Based on our automated trust algorithm, IG scores higher (95/100) than Upstox (82/100). However, the "better" broker depends on the specific assets you trade and your local regulations.
Which broker has lower fees, IG or Upstox?
IG charges £8/trade for equity delivery, whereas Upstox charges Free. You should also consider their AMC and account opening fees.