Upstox vs m.Stock
Comparison of charges, features, and platform quality. Both Upstox and m.Stock 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 Upstox and m.Stock are top-rated Discount brokers.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
m.Stock Wins on:
Best For IntradayBetter choice if you prioritize zero brokerage across all segments and need zero brokerage, lifetime free.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹999 (One time) |
| AMC (Yearly) | ₹150/year | ₹0 (Lifetime Free) |
| Equity Delivery | ₹20 or 2.5% | ₹0 |
| Intraday Tradng | ₹20 or 0.05% | ₹0 |
| Active Clients | 30 Lakhs+ | 5 Lakhs+ |
| Rating | 4.6 | 4.1 |
| Best For | Intraday, Options | Intraday, Options |
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Brokerage Charges Explained
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.
m.Stock Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹0 per order.
This makes it suitable for frequent traders.
Trading Platform & App
UpstoxUpstox's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
m.Stockm.Stock's platform focuses on research and data. Users find it powerful for detailed tracking.
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.
Choose m.Stock if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer zero brokerage features.
Pros & Cons Comparison
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
m.Stock
Advantages
- Zero Brokerage across all segments
- Lifetime free AMC plan
- Backed by Mirae Asset
Disadvantages
- High upfront account opening fee
- Platform glitches reported
