Upstox vs Interactive Brokers 2026: Which Broker is Better?
Compare Upstox and Interactive Brokers side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Upstox
Interactive Brokers
| Upstox | Interactive Brokers | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 4.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:5 ✓ | 1:4 |
| Regulation | SEBI | SEC, CFTC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Upstox offers lower spreads (0 pips).
See full side-by-side comparison belowUpstox vs Interactive Brokers: Key Differences
Upstox
Interactive Brokers
WinnerStill deciding between Upstox and Interactive Brokers?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Upstox
Interactive Brokers
BrokerRank Verdict
Upstox scores 3.22/5 while Interactive Brokers scores 4.43/5 in our independent rating.
Interactive Brokers 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?
Upstox
3.2/5
Choose Upstox if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:5)
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
- Higher overall rating (4.4/5)
- More regulatory licences (5)
- More market types (5)
- More established (est. 1978)
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 & Interactive Brokers are available in
Frequently Asked Questions
1Is Upstox better than Interactive Brokers?
Interactive Brokers scores higher overall on our independent rating system. Upstox holds a 3.2/5 rating vs Interactive Brokers's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Upstox or Interactive Brokers?
Upstox offers spreads from 0 pips, while Interactive Brokers starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Upstox vs Interactive Brokers?
Upstox requires a minimum deposit of $0. Interactive Brokers requires $0.
4Which broker is safer, Upstox or Interactive Brokers?
Upstox is regulated by SEBI, while Interactive Brokers holds licences from SEC, CFTC, FCA, MAS, ASIC.
5What trading platforms do Upstox and Interactive Brokers support?
Upstox supports Proprietary Web, Proprietary Mobile. Interactive Brokers supports Proprietary Web, Proprietary Mobile.
6Can I use both Upstox and Interactive Brokers?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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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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