Fyers Vs Upstox (Compare Fyers and Upstox)

The side-by-side comparison of Fyers and Upstox. Compare Fyers Vs Upstox brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Upstox?


Fyers
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", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd


Upstox
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 Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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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 Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
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Fyers Vs Upstox Charges & AMC

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

  Fyers Upstox
Trading Account Opening Charges ₹0 (Free) ₹249
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹300 ₹300
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Fyers Vs Upstox Brokerage Charges & Plans

Fyers Vs Upstox Brokerage

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

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

FREE Equity Delivery Trading + Flat ₹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 ₹0 (Free) ₹0
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower ₹30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹30 per executed order or 0.10% whichever is lower
Equity Options Brokerage ₹20 per executed order ₹30 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order ₹30 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order ₹30 per executed order
Enquire FyersEnquire Upstox

Fyers Charges Vs Upstox

Minimum Brokerage Charges Intra-day: ₹7 or 2.5% whichever is lower 0.05%
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
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Fyers Vs Upstox Transaction Charges

Fyers transaction charges for options is ₹5900 per Cr (on premium) (0.059%) while Upstox exchange transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium).

  Fyers Upstox
Equity Delivery ₹325 per Cr (0.00325%) NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday ₹325 per Cr (0.00325%) NSE ₹325 per Cr (0.00325%) (each side)
Equity Futures ₹240 per Cr (0.0024%) NSE ₹210 per Cr (0.0021%)
Equity Options ₹5900 per Cr (on premium) (0.059%) NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures ₹240 per Cr (0.0024%) NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%)
Currency Options ₹5900 per Cr (on premium) (0.059%) NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium)
Commodity NA Group A - ₹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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes Yes
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Fyers Vs Upstox Review

Fyers is rated 4.0 of 5 based on 14 customer reviews whereas Upstox is rated 2.5 of 5 based on 96 customer reviews.

  Fyers Upstox
  14 Customer Reviews    Rate Fyers 96 Customer Reviews    Rate Upstox
Fees 3.6 3.5
Trading Brokerage 4.0 3.5
Trading Platform Usability 3.6 2.7
Customer Service 4.3 2.3
Research Capabilities 2.0 2.3
Overall Ratings Rated 4.0 stars Rated 2.5 stars
Broker Rating Fyers is rated 4.0 of 5 based on 14 customer reviews Upstox is rated 2.5 of 5 based on 96 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Upstox Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

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Fyers Vs Upstox Investment Options

  Fyers Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No No
Bond / NCD No No
Debt No No
Other Investment Options
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Fyers Vs Upstox Order Type Offered

  Fyers Upstox
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Fyers Vs Upstox Research Report

  Fyers Upstox
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Fyers Vs Upstox Suitable For Investor Type

  Fyers Upstox
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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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 ₹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!
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.
  9. 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 ₹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.

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order.

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