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Comparision (Upstox VS Fyers)

 

Upstox Vs Fyers

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with 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 Vs Fyers - Broker Details

Upstox Fyers
Single Margin Facility
Year of Incorporation 2009 2015
Exchanges BSE, NSE and MCX BSE, NSE, MCX.
Branches Zero Zero
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹20/ Order or 0.03% ( Whichever is lower)
Broker Type Discount Broker Discount Broker

Upstox Vs Fyers - Account Opening & AMC Charges

Upstox Fyers
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Fyers - Brokerage charges & Plans

Upstox Fyers
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)r

Upstox Vs Fyers - Other Charges

Upstox Fyers
RMS Square Off Charge (₹50 + GST) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) (₹50 + GST)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

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% ₹5900/ Cr(on premium) (0.059%)
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% ₹240/ Cr (0.0024%)
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group ₹325/ Cr (0.00325%)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% ₹5900/ Cr (on premium) (0.059%)
Commodity Non-Agri: Exchange turnover charge: 0.0026% NA
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% ₹240/ Cr (0.0024%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group ₹325/ Cr (0.00325%)

Upstox Vs Fyers - Margin (Exposure)

Upstox Fyers
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM
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

Upstox Vs Fyers - Review & Rating

Upstox Fyers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Upstox Vs Fyers - Request a call back from Broker

Upstox Fyers

Upstox Vs Fyers - Investment Options

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

Upstox Vs Fyers - Order Type

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

Upstox Vs Fyers - Research & Report

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

Upstox Vs Fyers - Daily Market Report

Upstox Fyers
Daily Market Reports & News

Upstox Vs Fyers - Suitable For Investor

Upstox Fyers
Casual Investor
Active Investor
Trader

Upstox Vs Fyers - Pros & Cons

Upstox Fyers
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free.
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free.

Upstox Vs Fyers - Background

Upstox Fyers

Upstox Vs Fyers - Compare All Brokers

Upstox Fyers

Upstox Vs Fyers - STT/CTT

Upstox Fyers
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on the sell value
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on sell value
Equity Options 0.05% only on sell 0.05% on sell value (Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.10%
Equity Futures 0.01% only on sell 0.01% on sell value
Commodity Options 0.05% on sell trade 0.05% on the sell value

Upstox Vs Fyers - Demat transaction charges

Upstox Fyers
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹7 + ₹5.5 (CDSL Charges)

Upstox Vs Fyers - GST

Upstox Fyers
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction charges)

Upstox Vs Fyers - SEBI Charges

Upstox Fyers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Fyers - Account Opening & AMC Charges

Upstox
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Upstox Vs Fyers

Upstox Fyers
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Fyers
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FYERS Review 2024 | Brokerage Charges, Account Opening

FYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t ..
Read more..
 
 

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 Vs Fyers - Brokerage charges & Plans

Upstox Fyers
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)r
Call Back Open Account Call Back Open Account

Upstox Vs Fyers - Margin (Exposure)

Upstox Fyers
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Upstox Vs Fyers - Other Charges

Upstox Fyers
RMS Square Off Charge (₹50 + GST) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) (₹50 + GST)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

Upstox Vs Fyers - STT/CTT

Upstox Fyers
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on the sell value
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on sell value
Equity Options 0.05% only on sell 0.05% on sell value (Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.10%
Equity Futures 0.01% only on sell 0.01% on sell value
Commodity Options 0.05% on sell trade 0.05% on the sell value

Upstox Vs Fyers - Demat transaction charges

Upstox Fyers
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹7 + ₹5.5 (CDSL Charges)

Upstox Vs Fyers - GST

Upstox Fyers
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction charges)

Upstox Vs Fyers - SEBI Charges

Upstox Fyers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM
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
Call Back Open Account

Upstox

Fyers