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, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India 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 pr... Know more about IIFL Securities Ltd


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

Expand

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 Investor Plan (Online Plus) 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.
Enquire IIFL SecuritiesEnquire Upstox
Expand

IIFL Securities Vs Upstox Charges & AMC

IIFL Securities trading account opening charges is Rs 250 (Currently waived off) while Upstox account opening changes is Rs 249. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year) and Upstox Demat Account AMC Charges is Rs 300.

  IIFL Securities Upstox
Trading Account Opening Charges Rs 250 (Currently waived off) Rs 249
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 first year) Rs 300
Expand

IIFL Securities Vs Upstox Brokerage Charges & Plans

IIFL Securities Vs Upstox Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  IIFL Securities Upstox
Account Type Investor Plan (Online Plus) Upstox Basic
Fixed Charges NA NA
Equity Delivery Brokerage 0.25% Rs 0 (Free)
Equity Intraday Brokerage 0.025% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.025% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage Rs 25 per lot Rs 20 per executed order
Currency Futures Trading Brokerage 0.025% or Rs 20 per lot Rs 20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage Rs 8 per lot Rs 20 per executed order
Commodity Futures Trading Brokerage 0.025% Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80 Rs 20 per executed order
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer
Special Offer:

30 days unlimited brokerage credit + Flat Rs 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 Premium Plan (Dedicated RM) Upstox Priority (Higher Margin)
Fixed Charges NA NA
Equity Delivery Brokerage 0.50% Rs 0
Equity Intraday Brokerage 0.05% Rs 30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage 0.05% Rs 30 per executed order or 0.10% whichever is lower
Equity Options Brokerage Rs 50 per lot Rs 30 per executed order
Currency Futures Trading Brokerage 0.05% or Rs 20 per lot Rs 30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage Rs 10 per lot Rs 30 per executed order
Commodity Futures Trading Brokerage 0.05% Rs 30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100 Rs 30 per executed order
Enquire IIFL SecuritiesEnquire Upstox

IIFL Securities Vs Upstox Brokerage Plan 3

  IIFL Securities Upstox
Account Type Super Trader Plan (Pro Traders) Upstox Basic
Fixed Charges Rs 999 NA
Equity Delivery Brokerage 0.10% Rs 0 (Free)
Equity Intraday Brokerage 0.01% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.01% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage flat Rs 10 per lot Rs 20 per executed order
Currency Futures Trading Brokerage 0.015% or Rs 15 per lot Rs 20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage flat Rs 5 per lot Rs 20 per executed order
Commodity Futures Trading Brokerage 0.015% Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50 Rs 20 per executed order
Enquire IIFL SecuritiesEnquire Upstox

IIFL Securities Charges Vs Upstox

Minimum Brokerage Charges Rs 0.05 per share (Rs 25 Min) 0.05%
Other Brokerage Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call Rs 20 per trade
Expand

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%)
Enquire IIFL SecuritiesEnquire Upstox
Expand

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 Upto 3x
Enquire IIFL SecuritiesEnquire Upstox
Expand

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
Enquire IIFL SecuritiesEnquire Upstox
Expand

IIFL Securities Vs Upstox Review

IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas Upstox is rated 2.5 of 5 based on 106 customer reviews.

  IIFL Securities Upstox
  112 Customer Reviews    Rate IIFL Securities 106 Customer Reviews    Rate Upstox
Fees 2.9 3.5
Trading Brokerage 2.6 3.5
Trading Platform Usability 3.3 2.6
Customer Service 2.8 2.3
Research Capabilities 3.6 2.3
Overall Ratings Rated 2.7 stars Rated 2.5 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 112 customer reviews Upstox is rated 2.5 of 5 based on 106 customer reviews
Expand

Contact Broker / Request A Call Back

  IIFL Securities Enquire Upstox Enquire
Contact Broker

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

30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer

Expand

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
Expand

IIFL Securities Vs Upstox Order Type Offered

  IIFL Securities Upstox
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Enquire IIFL SecuritiesEnquire Upstox
Expand

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
Expand

IIFL Securities Vs Upstox Suitable For Investor Type

  IIFL Securities Upstox
Casual Investor
Active Investor Yes
Trader Yes Yes
Expand

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 Rs 249 per month
  2. Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 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.
  • Doesn't offer BTST facility.
Reviews
Promo / Offers Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer

Get 30 Days Unlimited Trading

Join over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order.

Request Callback
Enquire IIFL SecuritiesEnquire Upstox

Compare More Brokers...

IIFL Securities Upstox
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App