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Upstox Vs Finvasia (Compare Upstox and Finvasia)


Upstox Logo

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


Finvasia Securities Pvt Ltd Logo

Finvasia
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 management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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Upstox Vs Finvasia

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Upstox Finvasia
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2012 2013
Number of Branches 4 1
Open an Online Trading Account with Upstox.Open an Online Trading Account with Finvasia.
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Upstox Vs Finvasia Charges & AMC

Upstox trading account opening charges is Rs 249 while Finvasia account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 0 (Free) and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

  Upstox Finvasia
Trading Account Opening Charges Rs 249 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free) Rs 0 per year (Lifetime Zero AMC)
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Upstox Vs Finvasia Brokerage Charges & Plans

Upstox Vs Finvasia Brokerage

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 whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

  Upstox Finvasia
Account Type Default Standard
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 0
Commodity Options Rs 20 per executed order Rs 0
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today.

Upstox Charges Vs Finvasia

Minimum Brokerage 0.05% Rs 0
Other Charges Auto Square-off Charges: Rs 50 Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 20 per trade Rs 0
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Upstox Vs Finvasia Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Upstox Finvasia
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) Rs 115 per Cr (0.00115%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) Rs 4000 per Cr (0.04%) (on premium)
Commodity Group A - Rs 290 per Cr (0.0029%) Rs 260 per Cr (0.0026%)
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Upstox Vs Finvasia Leverage (Margin)

Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Finvasia margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Upstox Finvasia
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)
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Compare Upstox and Finvasia Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Upstox Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No No
Margin Against Shares (Equity F&O) Yes No
Trading Platform 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 3:00 PM 3:15 PM
Other Features Option strategy builder Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program Yes
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Upstox Vs Finvasia Review

Upstox is rated 2.5 of 5 based on 119 customer reviews whereas Finvasia is rated 4.5 of 5 based on 43 customer reviews.

  Upstox Finvasia
  119 Customer Reviews    Rate Upstox 43 Customer Reviews    Rate Finvasia
Fees 3.4 4.7
Brokerage 3.5 4.9
Trading Platform 2.6 3.5
Customer Service 2.3 4.4
Research Capabilities 2.3 2.9
Overall Ratings Rated 2.5 stars Rated 4.5 stars
Broker Rating Upstox is rated 2.5 of 5 based on 119 customer reviews Finvasia is rated 4.5 of 5 based on 43 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Finvasia Enquire
Contact Broker Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Rs 0 Demat AMC. Open Instant Account online and start trading today. Leave your contact information and we will get in touch with you....
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Upstox Vs Finvasia Investment Options

  Upstox Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options
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Upstox Vs Finvasia Order Type Offered

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

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

  Upstox Finvasia
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Finvasia - Pros and Cons

  Upstox Finvasia
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • 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.
Cons
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers

Flat Rs 20 per Trade Brokerage

  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 Brokerage for Mutual Funds.
  • Rs 0 Demat AMC.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

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