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Fyers Vs Upstox (Compare Fyers and Upstox)

Fyers Securities Ltd Logo

About 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 Logo

About 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
Exchnage Membership NSE, MCX BSE, NSE, MCX
Year of Incorporation 2015 2012
Number of Branches 0 4
Open Fyers AccountOpen Upstox Account

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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 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free) and Upstox Demat Account AMC Charges is Rs 150.

  Fyers Upstox
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
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 0 (Free) Rs 150

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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 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Fyers Flat Fee Brokerage Plan Upstox Default
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 20 per executed order or 2.5% whichever is low
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Fyers Charges Vs Upstox

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower 0.05%
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 20 per trade

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Fyers Vs Upstox Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Fyers Upstox
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA Group A - Rs 290 per Cr (0.0029%)
Open Fyers AccountOpen Upstox Account

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Fyers Vs Upstox Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Fyers Upstox
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Fyers AccountOpen Upstox Account

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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 Yes
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No
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 3:00 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Brokerage free thematic investing is available Option strategy builder
Open Fyers AccountOpen Upstox Account

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Fyers Vs Upstox Review

Fyers is rated 2.9 of 5 based on 35 customer reviews whereas Upstox is rated 2.4 of 5 based on 143 customer reviews.

  Fyers Upstox
  35 Customer Reviews    Rate Fyers 143 Customer Reviews    Rate Upstox
Fees 3.3 3.4
Brokerage 3.5 3.4
Trading Platform 3.2 2.6
Customer Service 3.0 2.3
Research Capabilities 2.3 2.2
Overall Ratings Rated 2.9 stars Rated 2.4 stars
Broker Rating Fyers is rated 2.9 of 5 based on 35 customer reviews Upstox is rated 2.4 of 5 based on 143 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire Upstox Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

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Fyers Vs Upstox Investment Options

  Fyers Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 No
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 Yes
Open Fyers AccountOpen Upstox Account

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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 Yes
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 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!
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Open Fyers AccountOpen Upstox Account

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