Side-by-Side Comparison Independent Updated Sep 11, 2026
Upstox vs Axis Securities 2026: Which Broker is Better?
Compare Upstox and Axis Securities side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Upstox
Axis Securities
VS
| Upstox | Axis Securities | |
|---|---|---|
| BrokerRank Score | 3.2/5 ✓ | 3.2/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | SEBI | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, AXIS Direct |
Quick VerdictBrokerRank recommends
Best for Beginners
UpstoxAxis Securities
Best for Low Fees
UpstoxAxis Securities
Best for Regulation
UpstoxAxis Securities
Quick Answer
Upstox (3.2/5) and Axis Securities (3.2/5) are closely matched. Upstox has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowUpstox vs Axis Securities: Key Differences
Feature
Upstox
Axis Securities
WinnerOur Rating
3.2 / 5
3.2 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.05/lot
None
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, AXIS Direct
Markets
Stocks, Indices, Commodities
Stocks, Etf, Indices, Commodities
Founded
2009
2005
Headquarters
Mumbai, India
Mumbai, India
Score
0 / 1
1 / 1
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Find my matchFees Comparison
Fee
Upstox
Axis Securities
Lower feesSpread From
0 pips
0 pips
Commission
$0.05/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Upstox scores 3.22/5 while Axis Securities scores 3.18/5 in our independent rating.
Upstox edges ahead overall, but Axis Securities 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?
Upstox
3.2/5
Choose Upstox if you want…
Similar strengths to Axis Securities — compare below.
Axis Securities
3.2/5
Choose Axis Securities if you want…
- No per-trade commission
- More market types (4)
- More established (est. 2005)
- More platforms (3 supported)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Upstox & Axis Securities are available in
Frequently Asked Questions
1Is Upstox better than Axis Securities?
Upstox (3.2/5) and Axis Securities (3.2/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Upstox or Axis Securities?
Upstox offers spreads from 0 pips, while Axis Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Upstox vs Axis Securities?
Upstox requires a minimum deposit of $0. Axis Securities requires $0.
4Which broker is safer, Upstox or Axis Securities?
Upstox is regulated by SEBI, while Axis Securities holds licences from SEBI.
5What trading platforms do Upstox and Axis Securities support?
Upstox supports Proprietary Web, Proprietary Mobile. Axis Securities supports Proprietary Web, Proprietary Mobile, AXIS Direct.
6Can I use both Upstox and Axis Securities?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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Upstox
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