Share.Market vs Upstox
Comparison of charges, features, and platform quality. Both Share.Market and Upstox are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both Share.Market and Upstox are top-rated Discount brokers.
Share.Market Wins on:
Best For InvestorsBetter choice if you prioritize backed by phonepe and need phonepe, factor investing.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹0 (Free) | ₹150/year |
| Equity Delivery | ₹0 | ₹20 or 2.5% |
| Intraday Tradng | ₹20 | ₹20 or 0.05% |
| Active Clients | 2 Lakhs+ | 30 Lakhs+ |
| Rating | 4.2 | 4.6 |
| Best For | Investors, Mutual Funds | Intraday, Options |
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| Cons |
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Brokerage Charges Explained
Share.Market Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for investors.
Upstox Fees
For equity delivery, ₹20 or 2.5% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for frequent traders.
Trading Platform & App
Share.MarketShare.Market's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
UpstoxUpstox's platform focuses on research and data. Users find it powerful for detailed tracking.
Choose Share.Market if:
- You are looking for the best platform for Investors.
- You are looking for the best platform for Mutual Funds.
- You prefer phonepe features.
Choose Upstox if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer fast app features.
Pros & Cons Comparison
Share.Market
Advantages
- Backed by PhonePe
- Factor-based investing
- WealthBaskets integration
Disadvantages
- Very new player
- Limited features compared to established ones
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
