Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. 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. Number of active customer for Upstox is 38,64,087 where number of active customer for Fyers is 1,62,734. Upstox is serving more customer compare to Fyers.
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.
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
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX|
|Broker Overview||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.||Rs. 0 delivery trade, Rs. 20 per order brokerage plan, zero brokerage mutual fund investment, & Fyers One, Fyers App, and Fyers Web-based advanced technology trading platform make Fyers the best broker for traders and investors.|
Comparison of Upstox with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.
|Trading Account Opening Fees||Promotion offer: Free||Free|
|Demat Account Opening Fees||Free||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Upstox with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
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||Fyers|
|Plan Name||Max Rs 20 Per Order Trading Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||2.5% or Rs 20 whichever is lower||Free|
|Equity Intraday||0.05% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|Equity Futures||0.05% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 20||Flat Rs 20 per order|
|Currency Futures||0.05% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 20||Flat Rs 20 per order|
|Commodity Trading||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||No|
|Call & Trade Charges||Rs 20 Per Executable Order||Rs 50 Per Order|
|Auto Square off Charges||Rs 20 Per Executable Order||Rs 50 Per Order|
|Brokerage Calculator||Brokerage Calculator for Upstox||Brokerage Calculator for Fyers|
Compare Upstox with Fyers on transaction charges and PCM fee by segment.
|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|
Compare Upstox with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||Upstox||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||NIL||Fyers 30 Day Challenge|
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 links for mobile app to download and demo links for easy access.
|Trading Platform Compare||Upstox||Fyers|
|Desktop Trading Platform||Upstox Pro||Fyers One|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://pro.upstox.com/||Fyers Web|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Upstox||Fyers Mobile App|
|Mobile Trading App Demo||Upstox Demo||Fyers Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod Upstox Download||Andriod Fyers Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Upstox Download||iOS Fyers Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Upstox||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Upstox with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an 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, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent 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 Type Compare||Upstox||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Upstox with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||Upstox||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 22 6130 9999||080 4625 1111|
|Account Opening Process||Online/Paperless||100% online and paperless proc|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare Upstox with Fyers on research reports and tips provided by the broker.
Compare Upstox with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Fyers is Free where for Upstox is ₹300 PA. Fyers is a better choice in terms of Demat AMC compare to Upstox.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Upstox is ₹13 + ₹5.50 CDSL charges where for Fyers is ₹10 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 PA||Free|
|Transaction Charges on Debit (Per ISIN)||₹13 + ₹5.50 CDSL charges||₹10 + ₹5.50 (CDSL Charges) per transaction|
|Demat||₹20 + ₹50 courier charges||₹100 per certificate|
|Remat||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)||₹100 per certificate + CDSL Charges|
|Pledge Creation||0.02% of the transaction value (Min ₹50) + CDSL charges||₹50 + ₹12 CSDL charges|
|Pledge Creation Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||Nil|
|Pledge Closure||0.02% of the transaction value (Min ₹50) + CDSL charges||₹50 + ₹12 CSDL charges|
|Pledge Closure Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||Nil|
|Pledge Invocation||0.05% of the transaction value (Min ₹50)||₹50|
|Failed Instruction Charges||₹50||Nil|
Compare Upstox with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Max 24 hrs except bank holidays||Up to 24 Hrs except for Bank Holidays.|
|Bank Supported and Charges||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.||24+ banks connected via payment gateway, Free pay in and Free Pay Out.|
|Bank Detail||HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Special Offers/Promo||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open Upstox Account Now>>||Open Fyers Account Now>>|
Last Updated on 2023-01-16T04:23:11+00:00
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