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Upstox Vs Finvasia Share Broker Comparison

The side-by-side comparison of Upstox and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Upstox and Finvasia'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 Upstox and Finvasia.

  Upstox Finvasia Securities Pvt Ltd
 
Upstox Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 ... Know more about Upstox Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker What is this parameter? Discount Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX BSE, NSE, MCX
Account Type What is this parameter? Upstox Basic Standard
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Upstox Finvasia Securities Pvt Ltd
Trading Account Opening Fees What is this parameter? ₹150 (Eq and F&O), ₹150 (MCX) ₹0 (Free)
Trading Account AMC What is this parameter? ₹0 ₹0 (Free)
Demat Account Opening Fees What is this parameter? ₹0 ₹0 (Free)
Demat Account AMC What is this parameter? ₹150 (paid upfront) ₹0 per year (₹1000 for corporate)
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Upstox Finvasia Securities Pvt Ltd
Account Type Upstox Basic Standard
Fixed Charges What is this parameter? ₹0
Equity Delivery Brokerage What is this parameter? ₹0 ₹0
Equity Intraday Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Equity Futures Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Equity Options Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Currency Futures Trading Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Currency Options Trading Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹20 per trade or 0.01% (whichever is lower) ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Upstox Finvasia Securities Pvt Ltd
Account Type Upstox Priority Standard
Fixed Charges What is this parameter? ₹0 NA
Equity Delivery Brokerage What is this parameter? ₹0 ₹0
Equity Intraday Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Equity Futures Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Equity Options Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Currency Futures Trading Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Currency Options Trading Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹30 per trade or 0.05% (whichever is lower) ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹0 ₹0
Other Brokerage Charges What is this parameter? None
Call & Trade Charges What is this parameter? ₹20 per trade ₹0
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Taxes

  Upstox Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Upstox Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹275 ₹325/crore
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹275 ₹325/crore
Equity Futures What is this parameter? NSE ₹210 ₹190/crore
Equity Options What is this parameter? NSE ₹5500 ₹5000/crore of premium
Currency Futures What is this parameter? ₹150 ₹115/crore
Currency Options What is this parameter? ₹6000 ₹4000/crore of premium
Commodity What is this parameter? MCX ₹260/Cr ₹260/crore
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Exposure

  Upstox Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? 1x 1x
Equity Intraday What is this parameter? Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x up to 10x
Equity Futures What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x 2x
Equity Options What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1x
Currency Futures What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1x
Currency Options What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1x
Commodity What is this parameter? Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x 2x
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Share Broker Features

  Upstox Finvasia Securities Pvt Ltd
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No Yes
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time What is this parameter? 3:15 PM 3:15 PM
Other Features What is this parameter? Asset management, Investment Banking, Advisory, and Currency hedging.
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Broker Ratings (Average User Rating)

  Upstox Finvasia Securities Pvt Ltd
  46 Customer Reviews    Rate Upstox 7 Customer Reviews    Rate Finvasia
Fees Ratings 3.7 4.4
Trading Brokerage Rating 3.6 5.0
Trading Platform Usability 2.8 2.9
Customer Service Ratings 2.4 4.7
Overall Ratings Rated 2.5 stars Rated 4.9 stars
Broker Rating Upstox is Rated 2.5 / 5 based on 46 customer reviews Finvasia is Rated 4.9 / 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  Upstox Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Investment Options Available

  Upstox Finvasia Securities Pvt Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No Yes
Mutual Funds What is this parameter? No Yes
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

  Upstox Finvasia Securities Pvt Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? No No
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Order Type

  Upstox Finvasia Securities Pvt Ltd
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
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Research / Tips / Reports Published

  Upstox Finvasia Securities Pvt Ltd
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Suitable for Investor Category

  Upstox Finvasia Securities Pvt Ltd
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  Upstox Finvasia Securities Pvt Ltd
Pros What is this parameter?
  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.

More Advantages...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons What is this parameter?
  • 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...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

Reviews What is this parameter? Useful articles about Upstox:
Promo / Offers What is this parameter?

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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