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Comparision (Fyers VS Upstox)

Fyers Vs Upstox

Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Fyers Vs Upstox - Broker Details

Fyers Upstox
Single Margin Facility NO
Year of Incorporation 2015 2012
Exchanges BSE, NSE, MCX. BSE, NSE and MCX
Branches Zero 45
Brokerage Rs.20 per executed order or 0.03%. Rs.20/Order or 0.05%
Broker Type Discount Broker Discount Broker
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Fyers Vs Upstox - Account Opening & AMC Charges

Fyers Upstox
Trading Account Opening Charge Rs.0/- Rs.249
Demat Account Opening Charge Rs.400/- + GST ₹0 (Free)
Demat Account AMC Rs.300/- + GST/year Rs.300/yearly
Trading Account AMC Rs.0/- Rs.0 (Free)
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Fyers Vs Upstox - Brokerage charges & Plans

Fyers Upstox
Commodity Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery Rs.0/- Zero brokerage
Equity Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Commodity Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Equity Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Fixed Charges Rs.20 per executed order. Rs. 20/Order
Equity Intraday Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
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Fyers Vs Upstox - Other Charges

Fyers Upstox
RMS Square Off Charge Rs.0 (free) Rs. 20 per order+ GST
API Charges All our APIs are available free of cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges Rs.20/order or 0.03% Rs.20/Order or 0.05%
Minimum Brokerage Rs.20/order. Rs.20/order
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Fyers Vs Upstox - Transaction Charges

Fyers Upstox
Currency Options NSE: Exchange txn charge: 0.04% Clearing charge: 0.009% NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005% NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday NSE: 0.00325% NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options NSE: Exchange txn charge: 0.05% Clearing charge: 0.009% NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018% Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005% NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery NSE: 0.00325% NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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Fyers Vs Upstox - Margin (Exposure)

Fyers Upstox
Equity Options 3x of SPAN+Exposure Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday 3x of VAR+ELM leverage for F&O Stocks. Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 3 Times Basic: 3x | Priority: 4x
Commodity Options 3x of SPAN+Exposure 2 times
Commodity Futures 3x of SPAN+Exposure Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures 3 Times Basic:3x | Priority:4x |
Equity Futures 3x of VAR+ELM leverage for F&O Stocks. Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Fyers Vs Upstox - Features

Fyers Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 3:15
Trading Platform 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Fyers Vs Upstox - Review & Rating

Fyers Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Fyers is rated 3.8 of 5 Upstox is rated 3.9 of 5
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Fyers Vs Upstox - Request a call back from Broker

Fyers Upstox
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Fyers Vs Upstox - Investment Options

Fyers Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Fyers Vs Upstox - Order Type

Fyers Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Fyers Vs Upstox - Research & Report

Fyers Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Fyers Vs Upstox - Daily Market Report

Fyers Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Fyers Vs Upstox - Suitable For Investor

Fyers Upstox
Casual Investor
Active Investor
Trader
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Fyers Vs Upstox - Pros & Cons

Fyers Upstox
Pros i. Free equity delivery trading is offered by FYERS which means they don’t charge any brokerage for cash and carry trades. ii. The brokerage rate charged by FYERS is ultra-low. Flat ₹20 per trade brokerage is charged across all the trading segments without considering the size of the trade. iii. Quick implementation of new features and services through in-house build trading platform. iv. Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. v. Investment opportunities in group of stocks through Thematic Investing. vi. Transparency in fee charging i.e. there are no hidden charges. vii. Availability of trading software’s that too completely free. • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
Cons i. Higher exchange transaction charges in comparison to other discount brokers. ii. Lack of professional team for market analysis. iii. Depository Services are not provided. iv. FYERS does not provide commodity trading services • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
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Fyers Vs Upstox - Background

Fyers Upstox
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Fyers Vs Upstox - Compare All Brokers

Fyers Upstox
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Fyers Vs Upstox - Account Opening & AMC Charges

Fyers
Upstox
Trading Account Opening Charge
Rs.0/-
Rs.249
Demat Account Opening Charge
Rs.400/- + GST
₹0 (Free)
Demat Account AMC
Rs.300/- + GST/year
Rs.300/yearly
Trading Account AMC
Rs.0/-
Rs.0 (Free)

Fyers Vs Upstox

Fyers Upstox
 

FYERS NRI Account Opening, Charges, Services Review

FYERS currently do not offer the facility of opening a NRI trading and demat account. Only the Indian residents can get their demat and trading accounts open with FYERS. If an NRI wishes to open account with FYERS then he is required to hav ..
+ " Vs "+ Upstox

Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
 
 

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Fyers Vs Upstox - Brokerage charges & Plans

Fyers Upstox
Commodity Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery Rs.0/- Zero brokerage
Equity Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Commodity Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Equity Futures Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.20 per executed order. Flat Rs. 20 per executed order.
Fixed Charges Rs.20 per executed order. Rs. 20/Order
Equity Intraday Rs.20 per executed order or 0.03% (whichever is lower) Rs. 20 per executed order or 0.05% (whichever is lower)
Enquiry with Fyers   Open Account Enquiry with Upstox   Open Account

Fyers Vs Upstox - Margin (Exposure)

Fyers Upstox
Equity Options 3x of SPAN+Exposure Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday 3x of VAR+ELM leverage for F&O Stocks. Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 3 Times Basic: 3x | Priority: 4x
Commodity Options 3x of SPAN+Exposure 2 times
Commodity Futures 3x of SPAN+Exposure Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures 3 Times Basic:3x | Priority:4x |
Equity Futures 3x of VAR+ELM leverage for F&O Stocks. Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Fyers Vs Upstox - Other Charges

Fyers Upstox
RMS Square Off Charge Rs.0 (free) Rs. 20 per order+ GST
API Charges All our APIs are available free of cost. ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges Rs.20/order or 0.03% Rs.20/Order or 0.05%
Minimum Brokerage Rs.20/order. Rs.20/order
Enquiry with Fyers   Open Account Enquiry with Upstox   Open Account

Fyers Vs Upstox - Features

Fyers Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 3:15 3:15
Trading Platform 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Fyers   Open Account Enquiry with Upstox   Open Account