Navia vs. Upstox: Smart Broker Comparison for Investors & Traders

Choosing the right broker is crucial for traders and investors as it can significantly impact trading costs and overall profitability. In this detailed comparison, we evaluate Navia and Upstox, two prominent brokerage platforms in India. By the end of this blog, you’ll understand which broker offers the most value, particularly in terms of fees, features, and overall benefits.

Why Navia’s Zero Brokerage Model Stands Out 

One of the standout features of Navia is its zero brokerage model, applicable across equity delivery, intraday trading, futures, and options trading. This structure can lead to significant savings over time, especially for active traders. 

Comparison at a Glance: Navia vs. Upstox 

FEATURE	NAVIA	UPSTOX
Platforms
Web Trading Platform	Navia Web	Pro web 3.0
Desktop Trading Platform	Navia EXE	Dartstock
Mobile Trading App	Navia App	Pro mobile
Algo Trading Platform	Navia API	Algo lab
Customer Support
Website	Visit	Visit
Support Articles	Visit	Visit
Email	Support – Tickets Portal	Support – Tickets Portal
SMS	No	No
WhatsApp Support	Yes	No
Live Chat	Yes	No
24/7 Chatbot	Yes	Yes
Brokerage & Pricing
Account Opening Fee	Zero	Zero
AMC (Annual Maintenance)	Zero	Zero
Equity Delivery	Zero	₹20 or 2.5%, whichever is lower
Equity Intraday	Zero	₹20 or 0.05%, whichever is lower
Futures	Zero	₹20 or 0.05%, whichever is lower
Options	Zero	₹20 per order
MTF (Margin Trade Funding) Rate	14.99% onwards	18%
Call & Trade Charges	₹50 + GST	₹50 + GST
DP Sell Charges	₹30 + GST	₹18.5 + GST
API Subscription Fee	₹1500 per month	Free
Products Offered
Equity, Futures, Commodities	Yes	Yes
Mutual Funds	Yes	Yes
ETFs, SIP, IPO	Yes	Yes
Currency Trading	No	Yes
Special Features
Margin for Intraday Trading	5X	5X
MTF (Margin Trade Funding)	3X	2X
Free ETF Baskets	Yes	No
Option Strategy Builder	Yes	Yes
Results Calendar	Yes	No
Other Features
Watchlists	5	20
Market depth	5 ask and bid prices	5 ask and bid prices
Indicators	100+	100+
Type of charts	11	11
Option chain	Yes	Yes
Free Option Strategy Builder	Yes	Yes
Results Calendar	Yes	No
Orders on charts	Yes	Yes
Profit and Loss on charts	No	No
Technical Analysis	Yes	Yes
Fundamental analysis	Yes	Yes
Research	No	No
Price Alert	Yes	Yes
Free Ready made ETF Baskets	Yes	No
Free Custom ETF Baskets	Yes	No
Type of orders
CNC	Yes	Yes
Intra day	Yes	Yes
BO	No	Yes
CO	No	Yes
MTF	Yes	Yes
Basket Order	Yes	Yes
AMO	Yes	Yes
GTT	Yes	Yes
Single square off button	Yes	Yes
Multi Select Square off Button	Yes	Yes
Share Screen Option	Yes	No
Margins
Equity Intra day	5X	5X
Equity Delivery	1X	1X
Option Buying	1X	1X
Futures Buy/Sell  + option Sell	SPAN + Additional + exposure	SPAN + Additional + exposure
Hedge Benefit	Yes	Yes
MTF	3X	2X

How Zero Brokerage Impacts Your Savings 

Let’s break down how much you can save using Navia’s zero brokerage model compared to Upstox, which charges brokerage fees for equity delivery, intraday, futures, and options trading. 

Example 1: Equity Delivery Trades 

Imagine you make 20 equity delivery trades in a month, each worth ₹50,000. 

➝ With Upstox: 
Brokerage per trade = ₹20 
Total brokerage for 20 trades = ₹20 x 20 = ₹400 

➝ With Navia: 
Brokerage per trade = ₹0 
Total brokerage for 20 trades = ₹0 

In just one month of equity delivery trades, you save ₹400 with Navia. 

Example 2: Intraday Trading 

Let’s say you execute 30 intraday trades in a month, each worth ₹2,00,000. 

➝ With Upstox: 
Brokerage per trade = ₹20 
Total brokerage for 30 trades = ₹20 x 30 = ₹600 

➝ With Navia: 
Brokerage per trade = ₹0 
Total brokerage for 30 trades = ₹0 

Here, you save ₹600 in a single month, which adds up to ₹7,200 per year! 

Example 3: Options Trading 

Consider you place 50 options trades in a month, each with a premium value of ₹10,000. 

➝ With Upstox: 
Brokerage per trade = ₹20 
Total brokerage for 50 trades = ₹20 x 50 = ₹1,000 

➝ With Navia: 
Brokerage per trade = ₹0 
Total brokerage for 50 trades = ₹0 

That’s a savings of ₹1,000 in just one month of options trading, which adds up to ₹12,000 per year! 

Impact Over Time: Cumulative Savings 

When you look at the cumulative impact of zero brokerage, it becomes clear why Navia is a superior choice. Whether you’re an active trader or a long-term investor, Navia’s zero brokerage can help you save thousands of rupees each year. 

● Monthly Savings: ₹500 to ₹2,000 depending on trade volume and asset class 

● Annual Savings: ₹6,000 to ₹24,000 

Margin Trade Funding (MTF): Lower Interest Rates 

Navia’s Margin Trade Funding (MTF) is another area where it outshines Upstox. With interest rates starting at 14.99%, compared to Upstox’s 18%, Navia is a more cost-effective option for traders looking to leverage their capital. Furthermore, Navia offers up to 3X margin for delivery trades, providing more buying power, while Upstox caps margin at 2X. 

Customer Support: Navia Leads in Availability 

Navia offers a broader range of customer support options, including WhatsApp support and live chat, neither of which are available with Upstox. Having instant and real-time customer support is crucial for traders, especially during volatile market hours, and Navia’s ability to offer these options gives it a significant edge. 

Additionally, Navia provides 24/7 chatbot assistance, ensuring that you can resolve basic queries at any time, without waiting for customer support hours to open. This round-the-clock support system is ideal for traders who may need assistance during off-market hours or while executing complex trades. 

Platform Experience: Tailored for Traders and Investors alike. 

Both brokers offer web, desktop, and mobile trading platforms, but Navia goes the extra mile with specialized tools like free Option Trader and ETF baskets. For tech-savvy investors and algorithmic traders, Navia’s platforms provide greater customization, flexibility, and powerful tools for managing trades. 

Moreover, Navia’s free ETF baskets feature allows investors to build or choose from pre-designed ETF portfolios at no extra cost. This is an added benefit, especially for those looking to diversify across sectors or asset classes without paying extra fees for basket creation. 

Who Should Choose Navia? 

🔹 Active Traders: With zero brokerage on intraday and options trading, Navia provides substantial cost savings for traders executing multiple trades daily. 

🔹 Long-Term Investors: Zero brokerage on equity delivery trades means long-term investors can save significant amounts compared to Upstox, which charges ₹20 per trade. 

🔹 Margin Traders: Navia’s lower MTF interest rates make it a better option for traders looking to leverage their capital without paying exorbitant interest rates. 

🔹 Traders Who Need Instant Support: Navia’s WhatsApp and live chat support offer real-time assistance, which is invaluable during fast-moving market hours. 

Conclusion: Why Navia Is the Clear Winner 

When you consider the zero brokerage model, lower margin trade funding rates, and advanced platform features, Navia clearly outperforms Upstox in almost every key category. The cumulative savings from zero brokerage alone make Navia the more cost-effective choice for active traders, while long-term investors also benefit from zero delivery charges. 

For those seeking a brokerage that offers not only superior cost savings but also a comprehensive suite of trading tools and support, Navia is the clear choice. 

Start saving with zero brokerage today! Sign up with Navia and unlock the full potential of your investments. 

DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.