Upstox vs WazirX

Upstox vs WazirX Comparison Table 2024
Upstox WazirX
2.9
Not Yet Rated

Upstox is an established Indian broker offering BSE, NSE and MCX stocks, alongside IPOs, mutual funds and futures. Registered with the Securities and Exchange Board of India (SEBI), this broker aims to offer affordable investment products to local clients, alongside powerful desktop and mobile platforms.

WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds.

Comment by Reviewer
"Upstox will be a top pick for experienced Indian stock traders looking for thousands of equities, flat fees and sophisticated tools. We particularly rate the advanced features of the proprietary platform, Upstox Pro."
Pros
  • Transparent, flat pricing at INR 20 per order on stocks and no monthly maintenance charges
  • Fast and free funding methods via local bank transfer, Google Pay, cheque and more
  • 2-in-1 joint demat and trading accounts available with pre-included stock Smartlists
  • Decent education centre with YouTube series for beginners plus free online trading courses
  • Refer and earn scheme offering perks including zero commissions on mutual funds
  • Charting provided by TradingView with 104 technical indicators for advanced stock analysis
  • Back office (BO) system to access trading history
  • Free options P&L calculator & strategy builder
Cons
  • Charges for non-resident Indians (NRI)
  • Not as beginner-friendly as competitors
  • Digital gold has been discontinued
  • Limited leverage limits
  • No demo account
Instruments
Stocks, Futures, Options Cryptos
Demo Account
No No
Minimum Deposit
INR 0 INR 100
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
INR 500 $14.50
Regulator
SEBI
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • INR
  • INR
  • UAH
Stock Exchanges
Cryptocurrency
Crypto trading not offered WazirX is a crypto exchange with a wide range of tokens available for purchase using INR, USDT, BTC or the native WRX token.
Spread
Variable
Coins
  • BTC
  • USDT
  • FTM
  • ADA
  • HBAR
  • TRX
  • CELR
  • FRONT
  • WRX
  • MATIC
  • REN
  • POLY
  • IOST
  • ETH
  • IOTX
  • DOGE
  • PUSH
  • XRP
  • SHIB
  • KEEP
  • ATOM
  • ICP
  • CTSI
  • CHR
  • WIN
  • CKB
  • COTI
  • ALICE
  • DENT
  • BNB
  • DOT
  • CRV
  • AVAX
  • RUNE
  • DOCK
  • ARK
  • CVC
  • SXP
  • BTT
  • 1INCH
  • VET
  • BZRX
  • PNT
  • LINK
  • LUNA
  • LTC
  • SC
  • XLM
  • SNX
  • EGLD
  • PHA
  • LRC
  • NKN
  • FTT
  • REEF
  • ZIL
  • CAKE
  • DNT
  • XVG
  • ENJ
  • DGB
  • ALPHA
  • UNI
  • ETC
  • UFT
  • EZ
  • YFII
  • HOT
  • MDX
  • EOS
  • SAND
  • KMD
  • TKO
  • OGN
  • RLC
  • YFI
  • TRB
  • FIL
  • XEM
  • OMG
  • MANA
  • KSM
  • DATA
  • UMA
  • AXS
  • BAL
  • BCH
  • COMP
  • HNT
  • ZRX
  • BAT
  • MIR
  • DASH
  • ONT
  • XVS
  • ZEC
  • DCR
  • BUSD
  • PAXG
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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