{"id":5043,"date":"2021-12-10T21:03:30","date_gmt":"2021-12-10T15:33:30","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=5043"},"modified":"2022-07-27T13:11:16","modified_gmt":"2022-07-27T07:41:16","slug":"upstox-alternatives","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/upstox-alternatives\/","title":{"rendered":"7 Best UpStox Alternatives\u00a0for Traders & Investors","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

UpStox is a popular trading platform that allows traders to trade commodities, equities, and currencies.<\/p>\n

However, UpStox is not the only player in the market, and several others are emerging in the field of online trading, offering better services, lesser spreads, and seamless trading opportunities.<\/p>\n

The upcoming online platforms make sure that the fee you pay to trade is minimal and your profits are maximum.<\/p>\n

We will also be comparing the margin each alternative offers to Upstox, and understand how much you can borrow from the platforms to start trading\/investing in the financial market.<\/p>\n

Upstox offers a margin on intraday positions of 50% applicable VAR + 20% of the trade value for equities.<\/p>\n

The same for F&O is 50% on SPAN + any exposure.<\/p>\n

Let us talk about the best UpStox alternatives in India.<\/p>\n

Zerodha<\/a><\/strong><\/h2>\n

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Zerodha is the biggest trading platform in India that allows you to invest in stocks, F&O derivatives, Bonds, Commodities and many other investment instruments.<\/p>\n

They are one of the largest stockbrokers in India, with over 7.5 million clients contributing to more than 15 percent of total retail order volume.<\/p>\n

From bonds, government securities, futures, options to currency trading \u2013 you can do it all on this platform!<\/p>\n

According to the National Stock Exchange, Zerodha has the largest active client base.<\/p>\n

This makes the platform a reliable and reputable place to start your trading journey with.<\/p>\n

The platform also has a section called Zerodha Universe. This section focuses and is fully dedicated to an ecosystem of investment apps<\/a> that work according to your specific needs.<\/p>\n

They offer complete price transparency along with an open market education system.<\/p>\n

Hence, they not only help you place successful trade orders but teach you how to!<\/p>\n

And if you’re looking for a brokerage that allows you to short a stock in India<\/a>, Zerodha is the best option.<\/p>\n

What makes Zerodha an ideal Upstox alternative?<\/strong><\/h3>\n