Rupeezy Vs Upstox Vs Icici Direct Comparison

The comparison between Rupeezy, Upstox, and ICICI Direct 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 Upstox stands out for offering competitive brokerage rates and an advanced mobile trading platform. Icici Direct provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 32000, 23.78 lakh, and 99 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Rupeezy, Upstox, and ICICI Direct helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

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

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

Account Opening Charges and AMC

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

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

Brokerage Plans

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

Brokerage PlansRupeezyUpstoxICICI Direct
Multiple Plans No -
Monthly Plans No -
Yearly Plans No -

Brokerage Charges

This comparison between Rupeezy, Upstox, and ICICI Direct 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. Upstox charges ₹20 brokerage on equity delivery and intraday, ₹20 or 0.1% for futures, and ₹20 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.

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

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

Transactions ChargesRupeezyUpstoxICICI Direct
Equity Delivery NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% per trade NSE: 0.00307% | BSE: 0.00375%
Equity Intraday NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% per trade NSE: 0.00307% | BSE: 0.00375%
Equity Futures NSE: 0.0019% | BSE: 0 NSE: 0.00188% NSE: 0.00183% | BSE: 0
Equity Options NSE: 0.03503% (premium) | BSE: 0.0325% (premium) NSE: 0.0495% (on premium) NSE: 0.03553% (on premium) | BSE: 0.0325% (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% 0.05% 0.0418% on Premium

Account Features

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

Account FeaturesRupeezyUpstoxICICI Direct
3-in-1 Account No No Yes
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 No Yes

Trading Platforms

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

Trading PlatformsRupeezyUpstoxICICI Direct
Web Trading Platform Yes Yes Yes
Web Trading Detail Rupeezy Upstox ICICI Direct
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 Free Nil

Broker Ratings

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

Broker RatingsRupeezyUpstoxICICI Direct
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 4.2 4.3
Overall Ratings 4 4.3 4.3

Investment Offerings

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

Investment OfferingsRupeezyUpstoxICICI Direct
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 No Yes
Insurance No No Yes
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, Upstox, and ICICI Direct reveals significant differences in their customer support offerings. Rupeezy provides No Customer Service, while Upstox offers No and ICICI Direct features Yes.

Customer Support OfferedRupeezyUpstoxICICI Direct
24/7 Customer Service No No Yes
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 022-41792999 022 3355 1122
Account Opening Process Online Online/Paperless Online/Offline
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

30th Floor, Sunshine Tower,

Senapati Bapat Marg, Dadar (W),

Mumbai, Maharashtra 400013

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

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

Research and Reports

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

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

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

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
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
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

Frequently Asked Questions

The account opening charges vary significantly: Rupeezy charges Zero, Upstox charges Free, and ICICI Direct charges Not specified. 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, Upstox provides ₹20 or 0.1%, and ICICI Direct charges 0.022% or 0.007%. 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, Upstox provides 4.5, and ICICI Direct features 4. 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, Upstox offers 4.4, and ICICI Direct provides 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, Upstox with 4.4, and ICICI Direct 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), Upstox (Yes), and ICICI Direct (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, Upstox provides competitive pricing with intuitive interfaces, and ICICI Direct 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, Upstox emphasizes advanced charting and analysis tools, while ICICI Direct 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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