Broker comparison
Upstox vs Angel One (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Upstox and Angel One from published official pricing and features — no affiliation with either broker.
- 0 – 0Cheaper on example trades (Upstox – Angel One)
- 5 – 6Published features (of 9)
| Metric | Upstox | Angel One |
|---|---|---|
| Delivery brokerage | ₹20 per order (flat) | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 |
| Intraday brokerage | ₹20 or 0.1% per order (whichever is lower) | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 |
| F&O brokerage | ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower) | ₹20 per order (flat) |
| AMC | ₹0 first year, then ₹300 + GST per year | Free first year, then ₹60 + GST per quarter (non-BSDA) |
| Account opening | Free (online) | Free (online) |
| Trading API | Upstox API — Free (per official developer page) | SmartAPI — Free (per official SmartAPI page) |
| Reported execution speed | ≈ 135 ms (median) | ≈ 95 ms (median) |
| Algo support | Yes - via Upstox API | Yes - free SmartAPI with multi-language SDKs |
| Platforms | Upstox app, Upstox web (Pro) | Angel One app, Angel One web, SpeedPro |
| Best for (published) | Intraday and options traders who prioritise app speed and a free API. | Traders who want flat-fee pricing plus research, or a free multi-language API. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | Upstox | Angel One | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹82.97 | Tie |
| Delivery: ₹50,000 buy & sell | ₹178.98 | ₹178.98 | Tie |
| Options: premium ₹100 × 75 | ₹66.43 | ₹66.43 | Tie |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,067.15 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Upstox | Angel One |
|---|---|---|
| Free delivery | – | – |
| Zero AMC | – | – |
| Free API | ✓ | ✓ |
| TradingView | – | – |
| MCX commodity | ✓ | ✓ |
| Mutual funds | ✓ | ✓ |
| IPO | ✓ | ✓ |
| Research desk | – | ✓ |
| Published speed | ✓ | ✓ |
What the published data shows
Both publish execution-speed figures (Upstox: ≈ 135 ms (median); Angel One: ≈ 95 ms (median)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Upstox full profile
- Angel One full profile
- Upstox brokerage calculator
- Angel One brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Upstox vs Angel One: which has lower delivery brokerage?
At our last review, Upstox published delivery brokerage as "₹20 per order (flat)" and Angel One as "₹20 or 0.1% per order (whichever is lower), minimum ₹5". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Upstox or Angel One have a trading API?
Both have documented APIs at review time: Upstox (Upstox API), Angel One (SmartAPI). Compare pricing and rate limits on each broker's developer page.
Which is faster — Upstox or Angel One?
Upstox publishes ≈ 135 ms (median); Angel One publishes ≈ 95 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Is Upstox cheaper than Angel One?
On our four example trades (intraday, delivery, options and futures), Upstox is cheaper on 0, Angel One on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Upstox - official website - https://upstox.com
- Upstox - official pricing - https://upstox.com/brokerage-charges/
- Angel One - official website - https://www.angelone.in
- Angel One - official pricing - https://www.angelone.in/pricing