Upstox vs RHB Securities 2026: Which Broker is Better?
Compare Upstox and RHB Securities side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Upstox
RHB Securities
| Upstox | RHB Securities | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:2 |
| Regulation | SEBI | SC Malaysia, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | RHB TradeSmart, RHB Mobile |
RHB Securities is the better choice overall, scoring 3.4/5 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 RHB Securities: Key Differences
Upstox
RHB Securities
WinnerStill deciding between Upstox and RHB Securities?
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Fees Comparison
Upstox
Lower feesRHB Securities
BrokerRank Verdict
Upstox scores 3.22/5 while RHB Securities scores 3.43/5 in our independent rating.
RHB Securities 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…
- Higher leverage (up to 1:5)
RHB Securities
3.4/5
Choose RHB Securities if you want…
- Higher overall rating (3.4/5)
- More regulatory licences (2)
- More market types (4)
- More established (est. 1994)
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 & RHB Securities are available in
Frequently Asked Questions
1Is Upstox better than RHB Securities?
RHB Securities scores higher overall on our independent rating system. Upstox holds a 3.2/5 rating vs RHB Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Upstox or RHB Securities?
Upstox offers spreads from 0 pips, while RHB Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Upstox vs RHB Securities?
Upstox requires a minimum deposit of $0. RHB Securities requires $0.
4Which broker is safer, Upstox or RHB Securities?
Upstox is regulated by SEBI, while RHB Securities holds licences from SC Malaysia, MAS.
5What trading platforms do Upstox and RHB Securities support?
Upstox supports Proprietary Web, Proprietary Mobile. RHB Securities supports RHB TradeSmart, RHB Mobile.
6Can I use both Upstox and RHB Securities?
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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