IIFL Securities Vs Upstox (Compare IIFL Securities and Upstox)

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


IIFL Securities
Incorporated in 1995, IIFL Securities is a stock broker part of IIFL Group. IIFL Group a leading financial service provider in India offering a wide range of services. It 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 including Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds etc. They ... Know more about IIFL Securities Limited


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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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
Supported Exchnages NSE, BSE, MCX BSE, NSE, MCX
Account Type Flat Brokerage Plan (FBP) Upstox Basic
Year of Incorporation 1996 2012
Number of Branches 900 4
Broker Enquiry Open an Online Trading Account with IIFL Securities. 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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IIFL Securities Vs Upstox Charges & AMC

IIFL Securities trading account opening charges is ₹750 while Upstox account opening changes is ₹249. IIFL Securities Demat Account AMC Charges is ₹400 per year and Upstox Demat Account AMC Charges is ₹300.

  IIFL Securities Upstox
Trading Account Opening Charges ₹750 ₹249
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹400 per year ₹300
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IIFL Securities Vs Upstox Brokerage Charges & Plans

IIFL Securities Vs Upstox Brokerage

IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower.

  IIFL Securities Upstox
Account Type Flat Brokerage Plan (FBP) Upstox Basic
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.05% ₹20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or 0.05% whichever is lower
Equity Options Brokerage 1% of Premium or ₹100 per lot, whichever is high ₹20 per executed order
Currency Futures Trading Brokerage 0.05% ₹20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high ₹20 per executed order
Commodity Futures Trading Brokerage 0.05% ₹20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high ₹20 per executed order
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
Special Offer:

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

IIFL Securities Vs Upstox Brokerage Plan 2

  IIFL Securities Upstox
Account Type Variable Brokerage Plan (VBP) Upstox Priority (Higher Margin)
Fixed Charges NA NA
Equity Delivery Brokerage 0.15% to 0.60% ₹0
Equity Intraday Brokerage 0.02% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage 0.02% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Equity Options Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever is higher ₹30 per executed order
Currency Futures Trading Brokerage 0.02% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i ₹30 per executed order
Commodity Futures Trading Brokerage 0.02% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i ₹30 per executed order
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IIFL Securities Vs Upstox Brokerage Plan 3

  IIFL Securities Upstox
Account Type Advance Brokerage Plan (Prepaid) Upstox Basic
Fixed Charges ₹5,000 to ₹1,00,000 NA
Equity Delivery Brokerage 0.35% to 0.05% ₹0 (Free)
Equity Intraday Brokerage 0.04% to 0.01% ₹20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.04% to 0.01% ₹20 per executed order or 0.05% whichever is lower
Equity Options Brokerage 1% of premium to flat ₹20 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.04% to 0.01% ₹20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage 1% of premium to flat ₹20 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.04% to 0.01% ₹20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage 1% of premium to flat ₹20 per lot ₹20 per executed order
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IIFL Securities Charges Vs Upstox

Minimum Brokerage Charges ₹0.05 per share (₹25 Min) 0.05%
Other Brokerage Charges Advisory SMS - ₹50 per month
Call & Trade Charges ₹50 per call ₹20 per trade
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IIFL Securities Vs Upstox Transaction Charges

IIFL Securities transaction charges for options is 0.051% on premium while Upstox exchange transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium).

  IIFL Securities Upstox
Equity Delivery 0.00325% NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday 0.00325% NSE ₹325 per Cr (0.00325%) (each side)
Equity Futures 0.0021% NSE ₹210 per Cr (0.0021%)
Equity Options 0.051% on premium NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures 0.0021% NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%)
Currency Options 0.051% on premium NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium)
Commodity 0.0028% Group A - ₹290 per Cr (0.0029%)
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IIFL Securities Vs Upstox Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.

  IIFL Securities Upstox
Equity Delivery Upto 3x (18% Annual Interest) 1x (no margin)
Equity Intraday Upto 20x Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity Futures Upto 3x Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity Options 3x for shorting Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency Futures Upto 2x Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency Options 2x for shorting Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity Futures Upto 3x Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity Options
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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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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 3:15 PM
Other Features Option strategy builder
Referral Program Yes
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IIFL Securities Vs Upstox Review

IIFL Securities is rated 2.7 of 5 based on 111 customer reviews whereas Upstox is rated 2.5 of 5 based on 81 customer reviews.

  IIFL Securities Upstox
  111 Customer Reviews    Rate IIFL Securities 81 Customer Reviews    Rate Upstox
Fees 2.8 3.6
Trading Brokerage 2.6 3.7
Trading Platform Usability 3.3 2.7
Customer Service 2.7 2.4
Research Capabilities 3.5 2.3
Overall Ratings Rated 2.7 stars Rated 2.5 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 111 customer reviews Upstox is rated 2.5 of 5 based on 81 customer reviews
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  IIFL Securities Enquire Upstox Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

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

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IIFL Securities Vs Upstox Investment Options

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

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

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

  IIFL Securities Upstox
Casual Investor
Active Investor Yes
Trader Yes Yes
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IIFL Securities Vs Upstox - Pros and Cons

  IIFL Securities Upstox
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.
  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
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.
  • 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.
Reviews
Promo / Offers Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer

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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