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Side-by-Side Comparison Independent Updated Oct 28, 2026

Mirae Asset vs Upstox 2026: Which Broker is Better?

Compare Mirae Asset and Upstox side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Mirae Asset

Upstox

Higher ratedMirae Asset logo

Mirae Asset

3.7/ 5
Visit Mirae Asset →Full review
VS
Mirae AssetUpstox
BrokerRank Score3.7/5 ✓3.2/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationFSC, SEBI, SFC ✓SEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Mirae AssetUpstox
Best for Low Fees
Mirae AssetUpstox
Best for Regulation
Mirae AssetUpstox
Best Overall
Mirae AssetUpstox
Quick Answer

Mirae Asset is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Mirae Asset offers lower spreads (0 pips).

See full side-by-side comparison below

Mirae Asset vs Upstox: Key Differences

Feature

Mirae Asset

Upstox

Our Rating
3.7 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.15/lot
$0.05/lot
Regulated By
FSCSEBISFC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices
Stocks, Indices, Commodities
Founded
1997
2009
Headquarters
Seoul, South Korea
Mumbai, India
Score
1 / 2
1 / 2

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Fees Comparison

Fee

Mirae Asset

Upstox

Lower fees
Spread From
0 pips
0 pips
Commission
$0.15/lot
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Mirae Asset scores 3.69/5 while Upstox scores 3.22/5 in our independent rating.

Mirae Asset edges ahead overall, but Upstox may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Mirae Asset

Mirae Asset

3.7/5

Top pick

Choose Mirae Asset if you want…

  • Higher overall rating (3.7/5)
  • More regulatory licences (3)
  • More established (est. 1997)
Upstox

Upstox

3.2/5

Choose Upstox if you want…

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Frequently Asked Questions

1

Is Mirae Asset better than Upstox?

Mirae Asset scores higher overall on our independent rating system. Mirae Asset holds a 3.7/5 rating vs Upstox's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Mirae Asset or Upstox?

Mirae Asset offers spreads from 0 pips, while Upstox starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Mirae Asset vs Upstox?

Mirae Asset requires a minimum deposit of $0. Upstox requires $0.

4

Which broker is safer, Mirae Asset or Upstox?

Mirae Asset is regulated by FSC, SEBI, SFC, while Upstox holds licences from SEBI.

5

What trading platforms do Mirae Asset and Upstox support?

Mirae Asset supports Proprietary Web, Proprietary Mobile. Upstox supports Proprietary Web, Proprietary Mobile.

6

Can I use both Mirae Asset and Upstox?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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