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4.1
1 Regulators
Alternatives & Competitors
Not convinced by Upstox? Explore these top-rated alternative brokers that offer similar trading experiences, potentially with lower fees or better platforms.
Head to Head: Upstox vs Interactive Brokers
| Feature | ||
|---|---|---|
| Trust Score | 82 | 98 |
| Min. Deposit | None | None |
| Rating | 4.1/5 | 4.7/5 |
| Margin Trading | Available | Available |
| Type | multi-asset | multi-asset |
Interactive Brokers
Interactive Brokers is the gold standard for serious traders. Lowest costs, widest market access, but complex for beginners.
4.7/5
Min. Deposit: None
Trust Score: 98
Fidelity Investments
Fidelity offers zero-fee index funds and exceptional research. Best for long-term investors and retirement accounts.
4.6/5
Min. Deposit: None
Trust Score: 96
Charles Schwab
Charles Schwab offers zero-commission trading with excellent research and support. Great for US long-term investors.
4.5/5
Min. Deposit: None
Trust Score: 95
IG
IG is the world's leading CFD provider with unmatched market access and professional tools. Best for experienced traders.
4.5/5
Min. Deposit: None
Trust Score: 95
Frequently Asked Questions
What are the best alternatives to Upstox?
Some of the top alternatives to Upstox include Interactive Brokers, Fidelity Investments, Charles Schwab, IG. These brokers offer similar trading features and regulatory protection.
Is Upstox better than its competitors?
Upstox has a Trust Score of 82. Whether it's "better" depends on your specific needs. It's best for Cost-conscious traders, F&O traders, API developers, but you might want to look at alternatives if you are Research-focused investors, NRIs.
How do I transfer my account from Upstox to another broker?
To transfer from Upstox to an alternative broker, you typically need to open an account with the new broker first, then initiate an ACATS (or equivalent) transfer request from your new broker's platform.
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Fees & Spreads
Compare the trading costs and commissions at Upstox.