Fyers Vs Upstox (Compare Fyers and Upstox)

Fyers Vs Upstox

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Fyers	Upstox
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	NSE, MCX	BSE, NSE, MCX
Account Type	Flat Fee Brokerage Plan	Upstox Basic
Year of Incorporation	2015	2012
Number of Branches	0	4
Broker Enquiry
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Fyers Vs Upstox Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 249. Fyers Demat Account AMC Charges is Rs 300 and Upstox Demat Account AMC Charges is Rs 300.

	Fyers	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 249
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 300

Fyers Vs Upstox Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	Fyers	Upstox
Account Type	Flat Fee Brokerage Plan	Upstox Basic
Fixed Charges	NA	NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	Rs 20 per executed order	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer	Special Offer: 30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer

Fyers Vs Upstox Brokerage Plan 2

	Fyers	Upstox
Account Type	Flat Fee Brokerage Plan	Upstox Priority (Higher Margin)
Fixed Charges	NA	NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 30 per executed order or 0.10% whichever is lower
Equity Options Brokerage	Rs 20 per executed order	Rs 30 per executed order
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage	Rs 20 per executed order	Rs 30 per executed order
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage	Rs 20 per executed order	Rs 30 per executed order
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Fyers Charges Vs Upstox

Minimum Brokerage Charges	Intra-day: Rs 7 or 2.5% whichever is lower	0.05%
Other Brokerage Charges	Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Rs 20 per trade	Rs 20 per trade

Fyers Vs Upstox Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Fyers	Upstox
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 240 per Cr (0.0024%)	NSE Rs 200 per Cr (0.002%)
Equity Options	Rs 5900 per Cr (on premium) (0.059%)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 240 per Cr (0.0024%)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 5900 per Cr (on premium) (0.059%)	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	NA	Group A - Rs 290 per Cr (0.0029%)
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Fyers Vs Upstox Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.

	Fyers	Upstox
Equity Delivery	1 times	1x (no margin)
Equity Intraday	Up to 16x (based on the stock)	Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity Futures	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity Options	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x	Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency Futures	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency Options	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)	Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity Futures	NA	Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity Options
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Compare Fyers and Upstox Features

The trading platforms offered Fyers include Fyers One (In-house build). Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Fyers	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	3:20 PM	3:15 PM
Other Features	Brokerage free thematic investing is available	Option strategy builder
Referral Program
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Fyers Vs Upstox Review

Fyers is rated 3.4 of 5 based on 18 customer reviews whereas Upstox is rated 2.5 of 5 based on 106 customer reviews.

	Fyers	Upstox
	18 Customer Reviews	106 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 3.4 of 5 based on 18 customer reviews	Upstox is rated 2.5 of 5 based on 106 customer reviews

Fyers Vs Upstox Investment Options

	Fyers	Upstox
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs Upstox Order Type Offered

	Fyers	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Fyers Vs Upstox Research Report

	Fyers	Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Upstox Suitable For Investor Type

	Fyers	Upstox
Casual Investor
Active Investor
Trader

Fyers Vs Upstox - Pros and Cons

	Fyers	Upstox
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!	Upstox basic plan offers brokerage free trading in Equity Delivery segment. No brokerage for equity delivery trades. Free trading software including mobile and web trading app. Advance orders including AMO, CO and BO are available. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all. AmiBroker connector available for Algo Trading. Mutual Funds are available for investment. Higher leverage is available under different brokerage plan. Online IPO, FPO, Bonds and NCD's are available.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	No margin funding. No equity 'good till cancelled' orders. Unlimited monthly plans not available. Additional fee for call & trader. Additional fee for square off done by the broker. Higher demat debit transaction charges. No stock tips or recommendations. Upstox doesn't offer NRI Trading and Demat Account. Doesn't offer BTST facility.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.	Get 30 Days Unlimited Trading Join over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order. Request Callback
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