Karvy Stock Broking Ltd. vs Upstox Comparison: 2024

About Karvy Stock Broking Ltd.

Please note than as of Friday, 22 Nov, 2019, Karvy Stock Broking Ltd is barred by SEBI from taking on any new clients, after finding alleged client-related fraud. However, Karvy will still serve the existing client base. They can still trade and manage the existing client’s demat accounts, and still serve services like applying in IPOs, and still retain the option to close their account anytime, but opening up of new accounts is prohibited.

Karvy Stock Broking Ltd (KSBL), established in 1990, is a subsidiary of KARVY Group, who happen to be one of India's popular financial services company. The firm, being a full service broker, offers stock broking and research advisory services too.

Karvy Stock Broking: Overview

Karvy Stock Broking Ltd (KSBL) is based out of Hyderabad, and is the brokerage-subsidiary Karvy Group. The firm happens to be a registered member of BSE, NSE, MCX, and ICEX along with being a registered

About Upstox

Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.

Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of  Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.

Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell

Karvy Stock Broking Ltd. vs Upstox Account Opening Charges: 2024

ChargeKarvy Stock Broking Ltd.Upstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹249
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹300 per year (paid monthly)

Karvy Stock Broking Ltd. vs Upstox Brokerage Charges and Plans : 2024

ChargeKarvy Stock Broking Ltd.Upstox
Plan NameBasic PlanBasic
Equity Delivery0.3%₹0 (FREE)
Equity Intraday0.03%₹20 per trade or 0.05% (whichever is lower)
Equity Futures0.03%₹20 per trade or 0.05% (whichever is lower)
Equity Options₹50 per lot₹20 per trade or 0.05% (whichever is lower)
Currency Futures0.03%₹20 per trade or 0.05% (whichever is lower)
Currency Options₹50 per lot₹20 per trade or 0.05% (whichever is lower)
Commodity Options0.01% only on the sell side₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Karvy Stock Broking Ltd. vs Upstox Margin / Exposure: 2024

SegmentKarvy Stock Broking Ltd.Upstox
Equity DeliveryUpto 5x 1x (no margin)
Equity IntradayUpto 20xBasic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureUpto 4xBasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsUpto 4x for shortingBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureNilBasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsNilBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity FutureUpto 4xBasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

Karvy Stock Broking Ltd. vs Upstox Currency Charges and Plans: 2024

Karvy Stock Broking Ltd. charge 0.03% for Currency Futures and ₹50 per lot for Currency Options whereas Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.

Karvy Stock Broking Ltd. vs Upstox Commodity Charges and Plans: 2024

Karvy Stock Broking Ltd. charge 0.01% only on the sell side for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
Ask your questions here

Other Comparisons of Karvy Stock Broking Ltd. and Upstox

Karvy Stock Broking Ltd.Upstox
Karvy Stock Broking Ltd. vs 5paisaUpstox vs 5paisa
Karvy Stock Broking Ltd. vs StoxkartUpstox vs Stoxkart
Karvy Stock Broking Ltd. vs SBIcap SecuritiesUpstox vs SBIcap Securities
Karvy Stock Broking Ltd. vs HDFC SecuritiesUpstox vs HDFC Securities
Karvy Stock Broking Ltd. vs ICICI DirectUpstox vs ICICI Direct
Karvy Stock Broking Ltd. vs Master TrustUpstox vs Master Trust
Karvy Stock Broking Ltd. vs Trading BellsUpstox vs Trading Bells
Karvy Stock Broking Ltd. vs ProStocksUpstox vs ProStocks
Karvy Stock Broking Ltd. vs Reliance SecuritiesUpstox vs Reliance Securities
Karvy Stock Broking Ltd. vs EdelweissUpstox vs Edelweiss
Karvy Stock Broking Ltd. vs FyersUpstox vs Fyers
Karvy Stock Broking Ltd. vs Prabhudas LilladherUpstox vs Prabhudas Lilladher
Karvy Stock Broking Ltd. vs AxisDirectUpstox vs AxisDirect
Karvy Stock Broking Ltd. vs Yes SecuritiesUpstox vs Yes Securities
Karvy Stock Broking Ltd. vs Angel BrokingUpstox vs Angel Broking
Karvy Stock Broking Ltd. vs Wisdom CapitalUpstox vs Wisdom Capital
Karvy Stock Broking Ltd. vs GrowwUpstox vs Groww
Karvy Stock Broking Ltd. vs Anand RathiUpstox vs Anand Rathi
Karvy Stock Broking Ltd. vs Ventura SecuritiesUpstox vs Ventura Securities
Karvy Stock Broking Ltd. vs Motilal OswalUpstox vs Motilal Oswal
Karvy Stock Broking Ltd. vs IndiabullsUpstox vs Indiabulls
Karvy Stock Broking Ltd. vs FinvasiaUpstox vs Finvasia
Karvy Stock Broking Ltd. vs IIFL SecuritiesUpstox vs IIFL Securities
Karvy Stock Broking Ltd. vs Trade Smart OnlineUpstox vs Trade Smart Online
Karvy Stock Broking Ltd. vs Alice BlueUpstox vs Alice Blue
Karvy Stock Broking Ltd. vs IDBI DirectUpstox vs IDBI Direct
Karvy Stock Broking Ltd. vs Nirmal BangUpstox vs Nirmal Bang
Karvy Stock Broking Ltd. vs Paytm MoneyUpstox vs Paytm Money
Karvy Stock Broking Ltd. vs Marwadi SharesUpstox vs Marwadi Shares
Karvy Stock Broking Ltd. vs SharekhanUpstox vs Sharekhan
Karvy Stock Broking Ltd. vs Kotak SecuritiesUpstox vs Kotak Securities
Karvy Stock Broking Ltd. vs SAMCOUpstox vs SAMCO
Karvy Stock Broking Ltd. vs ZerodhaUpstox vs Zerodha