Compare 3 Brokers

Upstox Vs Fyers: Which one is better?

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

Here we present side-by-side comparison of Upstox vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Upstox vs Fyers'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 Upstox vs Fyers on Service

  Upstox Compare
Upstox
Fyers Compare
Fyers
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 NSE, BSE, MCX
Broker Overview 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. Fyers (Focus Your Energy & Reform the Self) is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing.
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 Fyers. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Upstox vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Upstox with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox with Fyers
Charges Upstox Fyers
Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Free
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Upstox vs Fyers on Plan Options

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

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

Account Opening

  Upstox Fyers
Account Opening Request
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Brokerage Charges

Compare Upstox vs Fyers on Brokerage Charges

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

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

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

Compare Upstox vs Fyers on Transaction Charges

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

Transaction Charges - Compare Upstox with Fyers
Transaction Charges Compare Upstox Fyers
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 240 Per Cr
Equity Options Rs 5500 Per Cr Rs 5900 Per Cr
Currency Futures Rs 150 Per Cr Rs 175 Per Cr
Currency Options Rs 6000 Per Cr Rs 6500 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for fyers
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Account Features

Compare Upstox vs Fyers on Account Features

Compare Upstox with Fyers 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 - Upstox offers NRI where Fyers doesn't offers NRI Trading.

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

Compare Upstox vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox and Fyers. 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 Upstox with Fyers
Trading Platform Compare Upstox Fyers
Desktop Trading Platform DartStock/Nest Trader/Fox Trader Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://pro.upstox.com/ http://webtrader.fyers.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Upstox Fyers Markets
Mobile Trading App Demo Upstox Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox Download iOS Fyers Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Upstox vs Fyers on User Rating

  Upstox Fyers
  8 Customer Reviews    Rate Upstox 5 Customer Reviews    Rate Fyers
Fees Ratings 3.3 3.4
Trading Brokerage Rating 3.8 3.8
Trading Platform Usability 3.3 4.2
Customer Service Ratings 3.1 4.0
Overall Ratings Rated 3.3 stars Rated 3.8 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare Upstox vs Fyers on Investment Offerings

Compare Upstox with Fyers 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 - Upstox offers trading options in Commodity (MCX) where Fyers doesn't offer. 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 Upstox with Fyers
Investment Offerings Compare Upstox Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Upstox vs Fyers on Order Types

Order Type - Compare Upstox with Fyers 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- Fyers offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Upstox with Fyers
Order Type Compare Upstox Fyers
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 Yes
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Margin/Leverage

Compare Upstox vs Fyers on Margin/Leverage

Comapre Upstox with Fyers 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 Upstox with Fyers
Margin Product Compare Upstox Fyers
Equity Delivery Margin Upstox vs Fyers - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No margin/ leverage for equity delivery.
Equity Intraday Margin Upstox vs Fyers - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Up to 16x leverage for equity.
Futures Margin Upstox vs Fyers - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Up to 4x leverage for equity futures.
Options Margin Upstox vs Fyers - Options Margin 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. Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin Upstox vs Fyers - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Up to 20x leverage for equity cover order.
Futures CO Margin Upstox vs Fyers - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Up to 44x leverage for future cover order.
Options CO Margin Upstox vs Fyers - Options CO Margin 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. Up to 33x leverage for options cover order.
Commodity Margin Upstox vs Fyers - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Upstox vs Fyers on Customer Service

Compare Upstox with Fyers 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 Upstox with Fyers
Customer Service Compare Upstox Fyers
24/7 Customer Service Upstox vs Fyers - 24x7 customer support No No
Email Support Upstox vs Fyers - Email Support Yes Yes
Onine Live Chat Upstox vs Fyers - Onine Live Chat Yes No
Phone Support Upstox vs Fyers - Phone Support Yes Yes
Toll Free Number Upstox vs Fyers - Toll Free Number No No
Through Branches Upstox vs Fyers - Through Branches Yes No
Customer Care Number Upstox vs Fyers - Customer Care Number +91 22 6130 9999 080 4625 1111
Account Opening Process Upstox vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Upstox vs Fyers - Knowledge Center/Education https://upstox.com/help-center/ https://fyers.in/faqs/
Head Office Address Upstox vs Fyers - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Upstox vs Fyers - Company Website https://upstox.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Upstox vs Fyers on Research Reports, Tips

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

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

Compare Upstox vs Fyers on Demat Account

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

Demat Charges - Compare Upstox with Fyers
  Upstox Fyers
DP Source CDSL CDSL
DP ID Upstox vs Fyers - DP ID 81800 Info Not Available
Demat Account Annual Maintenance Charges(AMC) ₹150 pa 400 - Individual, 500 - Non Individual
Advance Deposit NIL NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat ₹20 + ₹50 courier charges 2 per certificate + Rs.35 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) Rs 25
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation 0.05% of the transaction value (Min ₹50) 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges ₹50 Rs 30 per transaction
Other Charges Nil Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Fyers on Special Offers and Promotion

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

Compare Upstox vs Fyers on Special Offers and Promotion
  Upstox Fyers
Pay In and Pay Out Options Upstox vs Fyers - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upstox vs Fyers - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Upstox vs Fyers - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • 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...

Detail Review...

Dislikes
  • 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...

  • The broker doesn’t have own DP service, they have a tie-up with IL&FS for Demat services.
  • DP charges on selling are higher compared to other discount brokers.

Detail Review...

Special Offers/Promo 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. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Upstox Enquire about Fyers

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







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