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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.

	Fyers Securities Ltd	Upstox
	Fyers Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Upstox Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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	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 (paid upfront)
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.

Transaction Charges

	Fyers Securities Ltd	Upstox
Equity Delivery	₹325 per crore (0.00325%)	NSE ₹325 \| BSE ₹275
Equity Intraday	₹325 per crore (0.00325%)	NSE ₹325 \| BSE ₹275
Equity Futures	₹240 per crore (0.0024%)	NSE ₹210
Equity Options	₹5900 per crore (on premium) (0.059%)	NSE ₹5500
Currency Futures	₹240 per crore (0.0024%)	₹150
Currency Options	₹5900 per crore (on premium) (0.059%)	₹6000
Commodity	NA	MCX ₹260/Cr

Exposure

	Fyers Securities Ltd	Upstox
Equity Delivery	1 times	1x
Equity Intraday	Up to 16x (based on the stock)	Regular: 15x \| Priority Pack: 20x \| Regular CO: 20x \| Priority Pack CO: 25x
Equity Futures	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	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	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	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	NA	Regular: 2.5x \| Priority Pack: 3x \| Regular CO: 3x \| Priority Pack CO: 4x

Share Broker Features

	Fyers Securities Ltd	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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

Broker Ratings (Average User Rating)

	Fyers Securities Ltd	Upstox
	7 Customer Reviews	41 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Fyers is Rated 3.9 / 5 based on 7 customer reviews	Upstox is Rated 2.5 / 5 based on 41 customer reviews

Contact Broker / Request A Call Back

	Fyers Securities Ltd	Upstox
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

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

Customer Service Offered

	Fyers Securities Ltd	Upstox
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

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

Research / Tips / Reports Published

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

Suitable for Investor Category

	Fyers Securities Ltd	Upstox
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	Fyers Securities Ltd	Upstox
Pros	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	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		Useful articles about Upstox: Upstox Trading Platform by RKSV - Review, FAQ and Detail
Promo / Offers	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.
	Enquire about Fyers	Enquire about Upstox
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