Compare 3 Brokers

Finvasia Vs Upstox: Which one is better?

The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Finvasia is having overall lower rating compare to Upstox. Finvasia is rated only 4 out of 5 where Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of Finvasia vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare Finvasia vs Upstox on Service

  Finvasia Compare
Finvasia
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX,MCX-SX,NCDEX BSE, NSE, MCX
Broker Overview Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e... Know more about Finvasia From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market.
Broker Enquiry Open an Online Trading Account with Finvasia. 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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Account Opening Charges and AMC

Compare Finvasia vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared Finvasia with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Finvasia offer Free AMC for Demat account where Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Upstox
Charges Finvasia Upstox
Trading Account Opening Fees Free Rs 150 Equity/ Rs 150 Commodity
Trading AMC Free Free
Demat Account Opening Fees Rs 0 (Rs 199 for POA) Rs 150
Demat AMC Free Rs 150 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Upstox on Plan Options

Plans are the most important feature you look when compare Finvasia with Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Upstox provides Multiple Plans where Finvasia doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare Finvasia with Upstox on Plan Options
Plan Types Finvasia Upstox
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Finvasia Upstox
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Upstox on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare Finvasia with Upstox
Brokerage Charges Compare Finvasia Upstox
Plan Name Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday Free 0.01% or Rs 20 whichever is lower
Equity Futures Free Flat Fee Rs 20
Equity Options Free Flat Fee Rs 20
Currency Futures Free Flat Fee Rs 20
Currency Options Free Flat Fee Rs 20
Commodity Trading Free Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 20 per executed Order Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for Finvasia SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare Finvasia vs Upstox on Transaction Charges

Compare Finvasia with Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia with Upstox
Transaction Charges Compare Finvasia Upstox
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 115 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for upstox
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Account Features

Compare Finvasia vs Upstox on Account Features

Compare Finvasia with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Finvasia with Upstox
Account Features Compare Finvasia Upstox
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia with Upstox
Trading Platform Compare Finvasia Upstox
Desktop Trading Platform OMNESYS NEST DartStock/Nest Trader/Fox Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://pro.upstox.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Upstox
Mobile Trading App Demo SCALPERT Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Upstox Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic Tools are free, advance tools are chargable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Finvasia vs Upstox on User Rating

  Finvasia Upstox
  5 Customer Reviews    Rate Finvasia 8 Customer Reviews    Rate Upstox
Fees Ratings 3.0 3.3
Trading Brokerage Rating 3.8 3.8
Trading Platform Usability 4.0 3.3
Customer Service Ratings 3.4 3.1
Overall Ratings Rated 3.6 stars Rated 3.3 stars
Broker Rating Finvasia is Rated 3.6 / 5 based on 5 customer reviews Upstox is Rated 3.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Finvasia vs Upstox on Investment Offerings

Compare Finvasia with Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Finvasia with Upstox
Investment Offerings Compare Finvasia Upstox
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Finvasia vs Upstox on Order Types

Order Type - Compare Finvasia with Upstox on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with Upstox
Order Type Compare Finvasia Upstox
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Finvasia vs Upstox on Margin/Leverage

Comapre Finvasia with Upstox on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Finvasia with Upstox
Margin Product Compare Finvasia Upstox
Equity Delivery Margin Finvasia vs Upstox - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Finvasia vs Upstox - Equity Intraday Margin Up to 10x leverage for equity. Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.
Futures Margin Finvasia vs Upstox - Futures Margin Up to 2x leverage (of NRML Margin) for futures. Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.
Options Margin Finvasia vs Upstox - Options Margin No leverage on options buying and selling. Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.
Equity CO Margin Finvasia vs Upstox - Equity CO Margin Info Not Available Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.
Futures CO Margin Finvasia vs Upstox - Futures CO Margin Info Not Available Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.
Options CO Margin Finvasia vs Upstox - Options CO Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.
Commodity Margin Finvasia vs Upstox - Commodity Margin Info Not Available Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Finvasia vs Upstox on Customer Service

Compare Finvasia with Upstox on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia with Upstox
Customer Service Compare Finvasia Upstox
24/7 Customer Service Finvasia vs Upstox - 24x7 customer support No No
Email Support Finvasia vs Upstox - Email Support Yes Yes
Onine Live Chat Finvasia vs Upstox - Onine Live Chat Yes Yes
Phone Support Finvasia vs Upstox - Phone Support Yes Yes
Toll Free Number Finvasia vs Upstox - Toll Free Number No No
Through Branches Finvasia vs Upstox - Through Branches No Yes
Customer Care Number Finvasia vs Upstox - Customer Care Number +911726670000/+911724770000/+919779097777 +91 22 6130 9999
Account Opening Process Finvasia vs Upstox - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Finvasia vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education Finvasia vs Upstox - Knowledge Center/Education Info Not Available https://upstox.com/help-center/
Head Office Address Finvasia vs Upstox - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Finvasia vs Upstox - Company Website https://www.finvasia.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare Finvasia vs Upstox on Research Reports, Tips

Compare Finvasia with Upstox on research reports and tips provided by broker.

Research Reports - Compare Finvasia with Upstox
  Finvasia Upstox
Research Mutual Funds Finvasia vs Upstox - Research Mutual Funds No No
Research Equity Reports Finvasia vs Upstox - Research Equity Reports No No
Research ETF Finvasia vs Upstox - Research ETF No No
Daily Market Report Finvasia vs Upstox - Daily Market Report No No
Free Tips Finvasia vs Upstox - Free Tips No No
Quarterly Result Analysis Finvasia vs Upstox - Quarterly Results No No
News Alerts Finvasia vs Upstox - No No
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Demat Account

Compare Finvasia vs Upstox on Demat Account

Compare Finvasia with Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia with Upstox
  Finvasia Upstox
DP Source CDSL CDSL
DP ID Finvasia vs Upstox - DP ID 84300 81800
Demat Account Annual Maintenance Charges(AMC) Retail Clients- Rs. 0 BSDA Clients -Rs. 0 AMC for Corporates : Rs 999 PA Rs. 300/- per annum.
Advance Deposit Rs 0 NIL
Statutory charges Rs 0 NIL
Transaction Charges on Debit (Per ISIN) Retail Clients- Rs. 09 BSDA Clients -Rs. 19 Corporate Clients- Rs. 25 Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip.
Demat Retail clients : -Rs. 15 (Per Certificate) Corporate clients : Rs 40(Per Certificate) Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.
Remat Retail clients : Rs. 15 (PER ISIN for 100 shares) Corporate clients : Rs. 40 ((PER ISIN for 100 shares) Rs. 25/- per certificate or 0.05% of the value whichever is higher.
Pledge Creation Retail Clients- Rs. 25 +CDSL Charges BSDA Clients -Rs. 25 +CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation NIL 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Retail Clients- Rs. 25 + CDSL Charges BSDA Clients -Rs. 25 + CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Confirmation NIL 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Invocation Retail Clients- Rs.19 BSDA Clients -Rs.19 Corporate Clients - Rs.30 0.05% of the transaction charges subject to a minimum of Rs. 50/-
Failed Instruction Charges Retail Clients- Rs. 49 BSDA Clients -Rs. 49 Corporate Clients - Rs. 49 Rs. 50/- per transaction.
Other Charges 1.Modification in CML - Retail Clients- Rs. 19 BSDA Clients -Rs. 19 2. Demat closure account Retail &Corporate Clients- Rs. 0 BSDA Clients -Rs. 0 3.POA services Retail & Corporate Clients- Rs. 199 (one time) BSDA Clients -Rs. 199(one time ) 4.Delay payment charges @2% per month on T+2 days would be charged for debit/shortage in payin/margin default, as per exchange requirements Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Upstox on Special Offers and Promotion

Compare Finvasia with Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Upstox on Special Offers and Promotion
  Finvasia Upstox
Pay In and Pay Out Options Finvasia vs Upstox - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Finvasia vs Upstox - Payout Time Up to 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Finvasia vs Upstox - Bank Supported and Charges Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes
  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

Detail Review...

  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

Dislikes
  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

Detail Review...

  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Finvasia Enquire about Upstox

Last Updated on 2019-06-27T00:43:21+00:00







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