Fyers Vs Upstox Share Broker Comparison
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.
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Fyers Securities Ltd |
Upstox |
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| About the Broker |
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
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, MCX |
BSE, NSE, MCX |
| Account Type
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Flat Fee Brokerage Plan |
Upstox Basic |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Fyers Securities Ltd |
Upstox |
| Trading Account Opening Fees
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₹0 (Free) |
₹150 (Eq and F&O), ₹150 (MCX) |
| Trading Account AMC
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₹0 (Free) |
₹0 |
| Demat Account Opening Fees
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₹0 (Free) |
₹0 |
| Demat Account AMC
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₹400 |
₹150 (paid upfront) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Fyers Securities Ltd |
Upstox |
| Account Type |
Flat Fee Brokerage Plan |
Upstox Basic |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹0 (Free) |
₹0 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Options Brokerage
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₹20 per executed order |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Options Trading Brokerage
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₹20 per executed order |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Futures Trading Brokerage
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NA |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Fyers Securities Ltd |
Upstox |
| Account Type |
Flat Fee Brokerage Plan |
Upstox Priority |
| Fixed Charges
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NA |
₹0 |
| Equity Delivery Brokerage
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₹0 (Free) |
₹0 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Options Brokerage
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₹20 per executed order |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Options Trading Brokerage
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₹20 per executed order |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Futures Trading Brokerage
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NA |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
| Other Brokerage Charges
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Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments) |
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| Call & Trade Charges
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₹20 per trade |
₹20 per trade |
Taxes
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Fyers Securities Ltd |
Upstox |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Fyers Securities Ltd |
Upstox |
| Equity Delivery
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₹325 per crore (0.00325%) |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
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₹325 per crore (0.00325%) |
NSE ₹325 | BSE ₹275 |
| Equity Futures
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₹240 per crore (0.0024%) |
NSE ₹210 |
| Equity Options
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₹5900 per crore (on premium) (0.059%) |
NSE ₹5500 |
| Currency Futures
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₹240 per crore (0.0024%) |
₹150 |
| Currency Options
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₹5900 per crore (on premium) (0.059%) |
₹6000 |
| Commodity
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NA |
MCX ₹260/Cr |
Exposure
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Fyers Securities Ltd |
Upstox |
| Equity Delivery
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1 times |
1x |
| Equity Intraday
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Up to 16x (based on the stock) |
Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
| Equity Futures
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Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
| Equity Options
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Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x |
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Futures
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Options
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) |
Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Commodity
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NA |
Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
Share Broker Features
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Fyers Securities Ltd |
Upstox |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Fyers One (In-house build) |
Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time
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3:20 PM |
3:15 PM |
| Other Features
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Brokerage free thematic investing is available |
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Broker Ratings (Average User Rating)
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Fyers Securities Ltd |
Upstox |
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7 Customer Reviews  |
46 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Fyers is Rated 3.9 / 5 based on 7 customer reviews |
Upstox is Rated 2.5 / 5 based on 46 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Fyers Securities Ltd |
Upstox |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Fyers Securities Ltd |
Upstox |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Fyers Securities Ltd |
Upstox |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Fyers Securities Ltd |
Upstox |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Fyers Securities Ltd |
Upstox |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Fyers Securities Ltd |
Upstox |
| Pros
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- Free equity delivery trades and thematic investments. No brokerage for this segment.
- Very low brokerage charges of maximum ₹20 per trade.
- 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!
More Advantages... |
- 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.
More Advantages... |
| Cons
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- Depository services are offered through another company (IL&FS). Higher demat charges.
- No branch offices.
- No good 'til canceled (GTC) orders.
More Disadvantages... |
- 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.
- Online IPO, FPO, Bonds and NCD's are not available.
- No stock tips or recommendations.
More Disadvantages... |
| Reviews
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Useful articles about Upstox:
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| Promo / Offers
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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.
This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you. |
Get Account Opening Fee Refunded
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback. To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.
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Enquire about Fyers
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Enquire about Upstox
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Zero Account Opening Fee