Upstox Vs Astha Trade Comparison – Which is Better?

Upstox Vs Astha Trade – Comparison:

Comparing Upstox vs Astha Trade in terms of all product-wise details which are essential for every investor we get the detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Upstox is a discount brokerage firm established in 2009 at Mumbai. Formerly it was known as RKSV Securities. This organization is known for its range of trading platform offerings and a wide range of products and services. 

On the other hand, Bhopal based discount broker Astha Trade, listed under BSE, NSE, NCDEX & MCX-SX started its journey in 2003. It is a renowned name in the stockbroking industry.

Notable Features:

Upstox: 

  1. Zero brokerage fee on equity delivery trading
  2. Flat fee-based brokerage fee structure.
  3. The AMC for the trading account is free of cost.
  4. Don’t trade in the commodity, mutual funds, forex, SIP & insurance.
  5. Margin Money not required.

Astha Trade: 

  1. The AMC for trading & AMC for the DEMAT account is zero. 
  2. The commodity trading option is unavailable.
  3. Higher in transaction charges. 
  4. The trading terminal is not up to date. 
  5. Holiday & referral offers on brokerage are available. 
Upstox Vs Astha Trade Comparison

Overall Broker Details: 

Comparing Upstox vs Astha Trade based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewUpstoxAstha Trade
Organization TypePrivatePrivate
Broker CategoryDiscount BrokerFull-Service Broker
Based onMumbai, IndiaBhopal, Madhya Pradesh
Founded byRaghu Kumar,
Ravi Kumar &
Shrinivas Vishvanath
Saksham Dumra
Commencement Year20092005

Comparison on Customer Ratings: 

Comparing Upstox vs Astha Trade based on Customer Ratings we get this information. Here we can see that in terms of experience & research-advisory Astha Trade is better than Upstox. Whereas, in terms of product-services, Brokerage Charge & trading platform Upstox is leading the chart.

Customer RatingsUpstoxAstha Trade
Experience5.3 out of 105.8 out of 10
Products & Services6.5 out of 106.1 out of 10
Brokerage Charges & Fees9.5 out of 105.9 out of 10
Stock Research & Advisory3.0 out of 106.0 out of 10
Trading Platforms6.5 out of 106.2 out of 10
Overall Ratings6.2 out of 106.0 out of 10
Star Ratings★★★☆☆★★★☆☆

Also Read: Astha Trade Login: Get Login Info For Mobile Trading Apps – Astha Trade Wave (ACS), Astha Trade Flow, Odin Diet, Back-Office

Upstox Vs Astha Trade AOC & AMC:

Here we have compared Upstox vs Astha Trade based on account opening charge & account maintenance charge. Here we can see from the below contrast that both Astha Trade & Upstox provides free AMC on trading. Other services such as DEMAT AMC & Account opening is chargeable in both brokers.

DEMAT ServicesUpstoxAstha Trade
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.150Rs.650
DEMAT AMC ChargesRs.150 per AnnumRs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.5,000
Offline to Online

Upstox Vs Astha Trade Brokerage Charge: 

Contrasting Upstox vs Astha Trade based on Brokerage Charge we get the below details. Here we can see that Astha Trade offers a percentage based brokerage charge structure. While Upstox offers a flat fee-based brokerage plan. Both brokers charge a minimum brokerage charge per executed order.

Brokerage Charge & FeesUpstox BrokerageAstha Trade Brokerage
Equity Delivery TradingZero0.10%
Equity Intraday TradingRs.200.01%
Commodity Options TradingRs.200.01%
Equity Futures TradingRs.200.01%
Equity Options TradingRs.20 per lotRs.10 per lot
Currency Futures TradingRs.200.01%
Currency Options TradingRs.20 per lotRs.10 per lot
Minimum BrokerageRs.20Rs.10 per executed order
Demat AMC ChargesRs.150 per annumRs.300
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.5,000

Comparison on Administrative Charges:

In terms of Administrative transactional charge, we here compared Upstox vs Astha Trade as below. Other than transaction charge all the other criteria are similar. In terms of transaction charge, the %charge of Astha Trade is slightly more than Upstox.

Other ChargesUpstoxAstha Trade
Transaction Charges0.00275% of Total Turnover0.00280% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare on Offers: 

Contrasting Upstox vs Astha Trade we get the below comparison on offers. We here can see that in terms of offers Astha Trade is a step ahead of Upstox for offering more offers.

OffersUpstoxAstha Trade
Free DEMAT Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison on Services Offered:

Comparing Upstox vs Astha Trade based on their service offering we derived the below comparison. Different services like trading services, PMS, trading institution, trading exposure and much more is offered by these organizations.

ServicesUpstoxAstha Trade
DEMAT Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robotic Advisory
PMS
Trading Institution
Trading ExposureMaximum 20xMaximum 10X

Comparison on Research & Advisory: 

Comparing Upstox vs Astha Trade based on their research & advisory offering we received the below comparison. Here we can see in the below table that Upstox doesn’t offer any research information. But Astha Trade offers few types of research information to the investors. 

Research & AdvisoryUpstoxAstha Trade
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

Upstox Vs Astha Trade Margin:

Comparing Upstox vs Astha Trade based on product-wise leverage we get the below details. Almost all the margin charges are different in these companies. This leverage charges always influence your trading revenue. All charges like equity delivery margin, equity futures, currency futures are mentioned here.

Exposure / LeverageUpstox MarginAstha Trade Margin
Equity DeliveryMaximum 5xMaximum 3X
Equity IntradayMaximum 20xMaximum 10X
Equity FuturesMaximum 7xMaximum 4X
Equity OptionsMaximum 8xMaximum 6X
Currency FuturesMaximum 5xMaximum 4X
Currency OptionsMaximum 6xMaximum 6X
CommoditiesMaximum 7xMaximum 5X

Comparison on Products:

Assessing Upstox vs Astha Trade based on their product offering we derived the below comparison. We can see in this below comparison that trading in the commodity segment is not offered by Upstox but by Astha Trade. Rest all the criteria are the same in both the broker. 

ProductsUpstoxAstha Trade
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

Comparison on Trading Platforms: 

Because of the trading terminal offering of Upstox vs Astha Trade, we compared them as below. These platforms are really important to access yout trading account from anywhere. So many different platforms like desktop platform, mobile site, IOS app platform, are offered by both of these famous trading organizations.

Trading PlatformsUpstoxAstha Trade
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

Comparison on Customer Support: 

In light of customer assistance, we here have compared Upstox vs Astha Trade as below. Both the broker offers similar paths for their customer to assist them.

Customer SupportUpstoxAstha Trade
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number
BranchesZero118
open Astha Trade demat account

Comparison on Customer Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Upstox vs Astha Trade based on their customer complaint handling in the below table. 

Complaints (Current Year)UpstoxAstha Trade
Lodged in BSE18535
Resolved in BSE12635
Lodged in NSE17548
Resolved in NSE13946
Upstox demat account

Conclusion: 

Finally, we can say that discount broker Upstox has a vast offering for its investor. But full-service broker Astha Trade offers more than Upstox. Still, it should be kept in mind that individual investors should opt the broker between Upstox and Astha Trade as per his necessity only.

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