Upstox Vs SBI Cap Securities Comparison: Find the Best Discount Broker

Upstox vs SBI Cap Securities – Comparison:

Both Upstox Vs SBI Cap Securities provide different offerings, trading products, and services. These things vary in different organizations. So, to choose one of these companies you need to know every corner of their services and charges.

A clear comparison of Upstox vs SBI Cap Securities is mentioned here. This comparative analysis and informations can help you to reach the best one of them.

Important Facts: 


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

SBI CAP Securities :

  1. Offers Demat and research advisory services 
  2. The brokerage fee is higher compared to other brokers. 
  3. Offers trade in IPO, Mutual Fund & Bonds investment option. 
  4. Trading terminals are offered free of cost.
  5. 3-in-1 account facility available. 
Upstox Vs SBI Cap Securities
Upstox Vs SBI Cap Securities

Upstox Vs SBI Cap Securities Overview: 

Upstox is a private broking organization, whereas SBI Cap Securities is a public broking company. A general overview of Upstox vs SBI Cap Securities is mentioned below. It can lead you to a better option.

OverviewUpstoxSBI Cap Securities
Company TypePrivatePublic
Broker TypeDiscount BrokerFull-Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderRaghu Kumar,
Ravi Kumar & S
hrinivas Vishvanath
Varsha Purandare
Established Year20091986

Upstox Vs SBI Cap Securities Customer Ratings: 

Several customers provide their reviews and ratings in different online platforms. These ratings can give you a general overview, which is better.

But a trader has to keep in mind, that it actually depends on his or her personal needs and requirements. A detailed comparison of Upstox and SBI Cap Securities is mentioned below.

Customer RatingsUpstoxSBI Cap Securities
Products & Services6.5/105.4/10
Brokerage Charges & Fees9.5/105.0/10
Stock Research & Advisory3.0/105.0/10
Trading Platforms6.5/106.0/10
Overall Ratings6.2/105.4/10
Star Ratings★★★☆☆★★★☆☆

Comparison of AMC & AOC: 

AMC and AOC charges are also very important for the traders to be considered. There are differences in these companies. A comparative study of Upstox vs SBI Cap Securities is mentioned below.

DEMAT ServicesUpstoxSBI Cap Securities
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.150Rs.500
DEMAT AMC ChargesRs.150 per AnnumRs.400 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.25,000
Offline to OnlineNoNo

Upstox Vs SBI Cap Securities Brokerage Charge:

Different brokerage charges are provided by broking organizations. Almost all the charges are different in these organizations. A comparison of Upstox vs SBI Cap Securities is mentioned here.

Brokerage Charge & FeesUpstox Brokerage SBI Cap Securities Brokerage
Equity Delivery TradingZero0.50%
Equity Intraday TradingRs.200.08%
Commodity Options TradingRs.20NA
Equity Futures TradingRs.200.03% – 0.05%
Equity Options TradingRs.20 per lotRs.50 per lot
Currency Futures TradingRs.200.02%
Currency Options TradingRs.20 per lotRs.20 per lot
Minimum BrokerageRs.20Rs.10 per Transaction
DEMAT AMC ChargesRs.150 per annumRs.400 per annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.25,000

Comparison of Administrative Charges: 

All the administrative charges are almost different in Upstox and SBI Cap Securities. A trader also has to consider these charges to maintain his trading revenue.

Other ChargesUpstoxSBI Cap Securities
Transaction Charges0.00275% of Total Turnover0.00384% 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)

Comparison of Offers & Discount: 

Different offers and discounts are also very essential for a trader. It also enhances the over-all trading experience of a particular trader. Now you have to choose the offers, as per your needs, and requirements.

A clear comparison of Upstox vs SBI Cap Securities is mentioned below.

OffersUpstoxSBI Cap Securities
Free DEMAT Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage PlansNo
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison of Services Offered: 

Several services are offered by different broking organizations. These services are really important for every trader.

For a comfortable and better trading experiences, these services play a big role. So, you have to find a better company as per your required services.

A comparison of Upstox & SBI Cap Securities is mentioned below to lead you.

ServicesUpstoxSBI Cap Securities
DEMAT Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robotic Advisory
Trading Institution
Trading ExposureMaximum 20xMaximum 12x

Upstox Vs SBI Cap Securities Research & Advisory: 

Research reports and analytics are always important in every business and trade. Here also, a proper research report can help you to plan your next investments.

You can monitor your previous revenue models by these reports. A clear comparison regarding reports and advisories is mentioned below.

Research & AdvisoryUpstoxSBI Cap Securities
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 SBI Cap Securities Margin/ Exposure/ Leverage 

Margin charges are also very important to consider before you invest in a particular broking organization.

These charges also have a great influence on your over-all trading revenue. A comparison of Upstox vs SBI Cap Securities is mentioned below.

Exposure / LeverageUpstox Margin SBI Cap Securities Margin
Equity DeliveryMaximum 5xMaximum 8x
Equity IntradayMaximum 20xMaximum 12x
Equity FuturesMaximum 7xMaximum 8x
Equity OptionsMaximum 8xMaximum 8x
Currency FuturesMaximum 5xMaximum 5x
Currency OptionsMaximum 6xMaximum 6x
CommoditiesMaximum 7xNA

Comparison of Products: 

Several trading products are provided by different trading companies. You have to choose the products as well as the broking company, as per your needs and requirements. A comparison of Upstox vs SBI Cap Securities is mentioned here.

ProductsUpstoxSBI Cap Securities
Equity Trading
Commodity TradingNo
Currency Trading
Mutual Funds

Upstox Vs SBI Cap Securities Trading Platform: 

A comparison on Trading platforms, of Upstox & SBI Cap Securities, is mentioned below. These platforms allow you to access your account and investments from anywhere.

Trading PlatformsUpstoxSBI Cap Securities
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 of Customer Support: 

A proper comparison of customer support of Upstox vs SBI Cap Securities is mentioned below. A proper customer support system provides you with the solution to all your problems regarding trading.

Customer SupportUpstoxSBI Cap Securities
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Support Number022 – 6130 99991800 209 9345
Email Support
Chat Support
Toll-Free Number1800 209 9345
SBI Cap Free Demat account
Upstox Vs SBI Cap Securities – SBI Cap Free Demat account

Comparison of Grievance Handled: 

A comparison of grievance handled of Upstox and SBI Cap Securities is mentioned below.

Complaints (Current Year)UpstoxSBI Cap Securities
Lodged in BSE185196
Resolved in BSE126153
Lodged in NSE175218
Resolved in NSE139200


A comparative study on different factors of Upstox and SBI Cap Securities is mentioned here. But after knowing all the corners of these companies, you need to choose one of them, as per your required products and services.

This detailed comparison can lead you to go for the better option between these two broking organizations.

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.