Rupeezy Vs Icici Direct Vs Upstox Comparison

The comparison between Rupeezy, ICICI Direct, and Upstox highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Rupeezy is known for its user-friendly trading experience and reliability, while Icici Direct stands out for offering competitive brokerage rates and an advanced mobile trading platform. Upstox provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 32000, 99 Lakhs, and 23.78 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Rupeezy, ICICI Direct, and Upstox helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their offerings. Rupeezy provides 4 for Overall Rating, while ICICI Direct offers 4 and Upstox features 4.5.

Services / FeaturesRupeezyICICI DirectUpstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE NSE, BSE
Active Clients 32000 99 Lakhs 23.78 lakh
Broker Overview Rupeezy Review ICICI Direct Review Upstox Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Rupeezy, ICICI Direct, and Upstox reveal significant differences in their offerings. Rupeezy provides Zero trading and demat account opening, while ICICI Direct offers N/A and Upstox features Free.

Account Opening Charges and AMCRupeezyICICI DirectUpstox
Trading Account Opening Zero Free
Trading AMC ₹300 per year ₹300
Demat Account Opening Free
Demat AMC ₹25 + GST Monthly ₹300 per year ₹300
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their offerings. Rupeezy provides No plans, while ICICI Direct offers N/A and Upstox features -.

Brokerage PlansRupeezyICICI DirectUpstox
Multiple Plans No -
Monthly Plans No -
Yearly Plans No -

Brokerage Charges

This comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their brokerage charges. Rupeezy charges 0.1% brokerage on equity delivery and intraday, ₹20 / order for futures, and ₹20 / order for options. ICICI Direct charges 0.29% brokerage on equity delivery and intraday, 0.022%/0.007% for Prime plans for futures, and ₹49 per lot or ₹9 per lot for the Prime 9,999 plan for options. Upstox charges ₹20 brokerage on equity delivery and intraday, ₹20 or 0.1% for futures, and ₹20 for options.

Brokerage ChargesRupeezyICICI DirectUpstox
Plan Name - -
Equity Delivery 0.1% 0.29% ₹20
Equity Intraday ₹20 or 0.1% 0.022% or 0.007% ₹20 or 0.1%
Equity Futures ₹20 / order 0.022%/0.007% for Prime plans ₹20 or 0.1%
Equity Options ₹20 / order ₹49 per lot or ₹9 per lot for the Prime 9,999 plan ₹20
Currency Futures 0.1% buy & sell ₹20 per order ₹20 or 0.5%
Currency Options ₹20 or 0.1% (lower) ₹20 per order ₹20
Commodity Futures ₹20 / order
Commodity Options ₹20 / order
Hidden Charges No Zero No
Call & Trade Charges ₹25 per order + GST ₹50 per order ₹75 + GST
Auto Square Off Charges ₹25 per order + GST ₹50 per order ₹75 + GST
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Transactions Charges

This comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their transactions. Rupeezy provides NSE: 0.00297% | BSE: 0.00375% for Transaction Charges Equity Delivery, while ICICI Direct offers NSE: 0.00307% | BSE: 0.00375% and Upstox features NSE: 0.00297% per trade.

Transactions ChargesRupeezyICICI DirectUpstox
Equity Delivery NSE: 0.00297% | BSE: 0.00375% NSE: 0.00307% | BSE: 0.00375% NSE: 0.00297% per trade
Equity Intraday NSE: 0.00297% | BSE: 0.00375% NSE: 0.00307% | BSE: 0.00375% NSE: 0.00297% per trade
Equity Futures NSE: 0.0019% | BSE: 0 NSE: 0.00183% | BSE: 0 NSE: 0.00188%
Equity Options NSE: 0.03503% (premium) | BSE: 0.0325% (premium) NSE: 0.03553% (on premium) | BSE: 0.0325% (on premium) NSE: 0.0495% (on premium)
Currency Futures NSE: 0.00297% | BSE: 0.00375% NSE: 0.00035% BSE: 0.00045%
Currency Options NSE: 0.00297% | BSE: 0.00375% NSE: 0.0311% BSE: 0.001%
Commodity Exchange: 0.0418% 0.0418% on Premium 0.05%

Account Features

These are the notable distinctions in the account features of Rupeezy, ICICI Direct, and Upstox when compared.

Account FeaturesRupeezyICICI DirectUpstox
3-in-1 Account No Yes No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time Yes 3:20 PM 3:20 PM
NRI Trading Yes Yes No

Trading Platforms

The trading platforms comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their offerings. Rupeezy, ICICI Direct and Upstox provide web trading platforms and mobile trading platforms.

Trading PlatformsRupeezyICICI DirectUpstox
Web Trading Platform Yes Yes Yes
Web Trading Detail Rupeezy ICICI Direct Upstox
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Download
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Nil Free

Broker Ratings

The broker ratings comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their offerings. Rupeezy provides 4 for Fees Ratings, while ICICI Direct offers 4.3 and Upstox features 4.3.

Broker RatingsRupeezyICICI DirectUpstox
Fees Ratings 4 4.3 4.3
Trading Brokerage Rating 4 4.4 4.4
Trading Platform Usability 4 4.4 4.4
Customer Service Ratings 4 4.3 4.2
Overall Ratings 4 4.3 4.3

Investment Offerings

This comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their investment offerings. Rupeezy provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while ICICI Direct provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Upstox provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsRupeezyICICI DirectUpstox
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No Yes No
Insurance No Yes No
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service No Yes Yes
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their customer support offerings. Rupeezy provides No Customer Service, while ICICI Direct offers Yes and Upstox features No.

Customer Support OfferedRupeezyICICI DirectUpstox
24/7 Customer Service No Yes No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No
Through Branches Yes Yes
Customer Care Number 07556693322 022 3355 1122 022-41792999
Account Opening Process Online Online/Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://rupeezy.in/blog https://upstox.com/uplearn/
Head Office Address

Astha Credit & Securities Pvt Ltd F-01,138/42,

Usha Preet, Malviya Nagar, Bhopal (MP) 462003

ICICI Venture House,
Appasaheb Marathe
Marg, Mumbai –
400025, India

30th Floor, Sunshine Tower,

Senapati Bapat Marg, Dadar (W),

Mumbai, Maharashtra 400013

Website https://rupeezy.in/ https://www.icicidirect.com/ https://upstox.com/

Research and Reports

The research and reports comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their offerings.

Research and ReportsRupeezyICICI DirectUpstox
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Rupeezy, ICICI Direct, and Upstox reveals significant differences in their demat account charges. Rupeezy provides NSDL & CDSL for DP Source, while ICICI Direct offers NSDL & CDSL and Upstox features CDSL.

Demat Account ChargesRupeezyICICI DirectUpstox
DP Source NSDL & CDSL NSDL & CDSL CDSL
DP ID NSDL-IN303420 | CDSL-94500 81800
Demat Account Annual Maintenance Charges (AMC) Rs 300 per year Rs 700 Rs 300
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹50
Remat ₹25 + CDSL charges
Pledge Creation ₹25 + GST ₹25 + GST ₹20 + GST per scrip
Pledge Creation Confirmation ₹25 + GST ₹25 + GST Yes
Pledge Closure ₹25 + GST ₹25 + GST ₹20 + GST per scrip
Pledge Closure Confirmation ₹25 + GST ₹25 + GST Yes
Pledge Invocation ₹25 + GST ₹25 + GST ₹20 + GST per scrip
Failed Instruction Charges Nil NA ₹50 per transaction
Other Charges Nil NA No

Advantages and Disadvantages

BrokerProsCons
Rupeezy
  • Competitive Brokerage Structure
  • Feature-rich Platform
  • Fraud Awareness
  • Leverage/Margin for F&O
  • User Complaints/Technical Issues
  • Risk from Leverage
  • Risk Management Limits May Change
  • Negative Ledger/Margin Shortfall Charges
ICICI Direct
  • Integrated 3-in-1 account structure
  • Wide product offering & full-service features
  • Trusted brand and large network
  • Educational & research support
  • Multiple brokerage plan options
  • Relatively higher brokerage & fees
  • Platform, UI & performance limitations
  • Customer service/execution issues reported
  • Less ideal for very cost-sensitive/frequent traders
Upstox
  • Low brokerage charges
  • User-friendly mobile and web trading platforms
  • Backed by a reputed investor, Ratan Tata
  • Fast account opening process
  • Provides API-based trading
  • Slow customer support
  • No advisory services
  • Margin funding is limited
  • Occasional technical glitches reported

Frequently Asked Questions

The account opening charges vary significantly: Rupeezy charges Zero, ICICI Direct charges Not specified, and Upstox charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Rupeezy offers ₹20 or 0.1% for equity intraday, ICICI Direct provides 0.022% or 0.007%, and Upstox charges ₹20 or 0.1%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Rupeezy offers 4, ICICI Direct provides 4, and Upstox features 4.5. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Rupeezy has 3 support, ICICI Direct offers 4, and Upstox provides 4.4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Rupeezy with 4, ICICI Direct with 4.4, and Upstox with 4.4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Rupeezy (Yes), ICICI Direct (Yes), and Upstox (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Rupeezy offers user-friendly platforms with educational resources, ICICI Direct provides competitive pricing with intuitive interfaces, and Upstox combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Rupeezy focuses on intuitive design and quick execution, ICICI Direct emphasizes advanced charting and analysis tools, while Upstox balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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