The side-by-side comparison of Fyers Securities Ltd and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Fyers and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Fyers and Upstox.
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi...
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, MCX
BSE, NSE, MCX
Account Type
Flat Fee Brokerage Plan
Upstox Basic
Broker Enquiry
Stock Broker Fees / Charges
Fyers Securities Ltd
Upstox
Trading Account Opening Fees
₹0 (Free)
₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0 (Free)
₹0
Demat Account AMC
₹400
₹150
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Fyers Securities Ltd
Upstox
Account Type
Flat Fee Brokerage Plan
Upstox Basic
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
₹0
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage
₹20 per executed order
₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage
₹20 per executed order
₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage
NA
₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage
Brokerage Plan 2
Fyers Securities Ltd
Upstox
Account Type
Flat Fee Brokerage Plan
Upstox Priority
Fixed Charges
NA
₹0
Equity Delivery Brokerage
₹0 (Free)
₹0
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage
₹20 per executed order
₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage
₹20 per executed order
₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage
NA
₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
₹20 per trade
₹20 per trade
Taxes
Fyers Securities Ltd
Upstox
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019
Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.
Zerodha
Zero Account Opening Fee