IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Upstox VS Fyers)

Upstox Vs Fyers

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
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 Softwares, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Fyers - Broker Details

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

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

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

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

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

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

Upstox Fyers
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. 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. 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Fyers - Review & Rating

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

Upstox Fyers
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Upstox Vs Fyers - Investment Options

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

Upstox Fyers
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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Upstox Vs Fyers - Research & Report

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

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

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

Upstox Fyers
Pros • 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. 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.
Cons • 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. 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
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Upstox Vs Fyers - Background

Upstox Fyers
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Upstox Vs Fyers - Compare All Brokers

Upstox Fyers
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Upstox Vs Fyers - Account Opening & AMC Charges

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

Upstox Vs Fyers

Upstox Fyers
 

Upstox NRI Account Opening

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
+ " Vs "+ Fyers

FYERS NRI Account Opening

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 have his Indian residence pro ..
 
 

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 Softwares, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Fyers - Brokerage charges & Plans

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

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

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

Upstox Fyers
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. 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. 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
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