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IIFL Securities Vs Upstox (Compare IIFL Securities and Upstox)

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

IIFL Securities Vs Upstox

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	IIFL Securities	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX
Year of Incorporation	1996	2012
Number of Branches	900	4
	Open IIFL Securities Account	Open Upstox Account

IIFL Securities Vs Upstox Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Upstox Demat Account AMC Charges is Rs 150.

	IIFL Securities	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 150

IIFL Securities Vs Upstox Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order 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	IIFL Securities iServe	Upstox Default
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per order	Rs 20 per executed order
Special Offer	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Charges Vs Upstox

Minimum Brokerage		0.05%
Other Charges	Advisory SMS - Rs 50 per month	Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 50 per call	Rs 20 per trade

IIFL Securities Vs Upstox Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	IIFL Securities	Upstox
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 200 per Cr (0.002%)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	NSE Rs 130 per Cr (0.0013%) \| BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 2900 per Cr (0.029%) \| BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)	Group A - Rs 290 per Cr (0.0029%)
	Open IIFL Securities Account	Open Upstox Account

IIFL Securities Vs Upstox Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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 IIFL Securities Account	Open Upstox Account

Compare IIFL Securities and Upstox Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	IIFL Securities	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time		3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Option strategy builder
	Open IIFL Securities Account	Open Upstox Account

IIFL Securities Vs Upstox Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Upstox is rated 2.4 of 5 based on 136 customer reviews.

	IIFL Securities	Upstox
	128 Customer Reviews	136 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	Upstox is rated 2.4 of 5 based on 136 customer reviews

Contact Broker / Request A Call Back

	IIFL Securities Enquire	Upstox Enquire
Contact Broker	Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

IIFL Securities Vs Upstox Investment Options

	IIFL Securities	Upstox
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Upstox Order Type Offered

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

IIFL Securities Vs Upstox Research Report

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

IIFL Securities Vs Upstox Suitable For Investor Type

	IIFL Securities	Upstox
Casual Investor
Active Investor
Trader

IIFL Securities Vs Upstox - Pros and Cons

	IIFL Securities	Upstox
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	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	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	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	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL 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 IIFL Securities Account	Open Upstox Account

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