Angel One
SEBI
Upstox
SEBI
Angel One vs Upstox
Head-to-Head Comparison 2026
Our Verdict
Angel One has a higher rating of 4/5 compared to Upstox (3.9/5). Angel One has been in the market since 1996, making it the more experienced provider.
Comparison Table
| Criteria | Angel One | Upstox |
|---|---|---|
| Rating | 4/5 (1800 reviews)✓ | 3.9/5 (1600 reviews) |
| Regulation | SEBI | SEBI |
| Fees | ₹0 for delivery, ₹20 per intraday/F&O order | ₹0 for delivery, ₹20 per intraday/F&O order |
| Min. Deposit | 0 ₹ | 0 ₹ |
| Instruments | Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs | Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs |
| Platforms | Angel One App, Angel One Web, SmartAPI | Upstox Pro App, Upstox Pro Web |
| Options Trading | Yes, stock options on NSE/BSE | Yes, F&O on NSE/BSE |
| Founded | 1996 | 2009 |
| Headquarters | Mumbai | Mumbai |
Detailed Comparison
Fee Comparison
Angel One: ₹0 for delivery, ₹20 per intraday/F&O order. Minimum deposit: 0 ₹.
Upstox: ₹0 for delivery, ₹20 per intraday/F&O order. Minimum deposit: 0 ₹.
Product Range
Angel One (6 categories)
Upstox (6 categories)
Trading Platforms
Angel One
- Angel One App
- Angel One Web
- SmartAPI
Upstox
- Upstox Pro App
- Upstox Pro Web
Regulation & Security
Angel One is regulated by SEBI (HQ: Mumbai).
Upstox is regulated by SEBI (HQ: Mumbai).
Who Is It For?
Angel One
Established Indian full-service broker with SmartAPI and AI signals
✓ Over 25 years of experience in Indian markets
✓ SmartAPI for algorithmic trading
✓ AI-based trading recommendations
✗ Only Indian markets, no global access
✗ Platform can feel cluttered for beginners
Upstox
Indian discount broker with Ratan Tata investment and modern app
✓ Free delivery trading on NSE and BSE
✓ Modern Upstox Pro platform with TradingView charts
✓ Notable investors (Ratan Tata, Tiger Global)
✗ Only Indian markets accessible
✗ Occasional server outages during high volume
Frequently Asked Questions
Is Angel One or Upstox cheaper?
Which broker offers more products: Angel One or Upstox?
Which broker is better regulated?
Is Angel One or Upstox better for beginners?
Angel One vs Upstox: Which broker is better overall?
Angel One
Established Indian full-service broker with SmartAPI and AI signals
Open Account →From 0 ₹ min. deposit
Upstox
Indian discount broker with Ratan Tata investment and modern app
Open Account →From 0 ₹ min. deposit