Fyers Vs Upstox (Compare Fyers and Upstox)

Fyers Vs Upstox

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Fyers	Upstox
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2015	2012
Number of Branches	2	4
	Open Fyers Account	Open Upstox Account

Fyers Vs Upstox Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Upstox Demat Account AMC Charges is Rs 150.

	Fyers	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 150

Fyers Vs Upstox Brokerage

Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Fyers Flat Fee Brokerage Plan	Upstox Default
Fixed Charges	NA	NA
Equity Delivery	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments Open FREE Fyers Demat Account	Special Offer: Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds Open Instant Account

Fyers Vs Upstox Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Fyers	Upstox
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Fyers Account	Open Upstox Account

Compare Fyers and Upstox Features

The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Fyers	Upstox
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers App, Fyers Web, Fyers Next	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	3:15 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	API Trading, Algo Trading and Insta Options is available, which is designed for options traders.	Option strategy builder
	Open Fyers Account	Open Upstox Account

Fyers Vs Upstox Review

Fyers is rated of 5 based on 39 customer reviews whereas Upstox is rated of 5 based on 150 customer reviews.

	Fyers	Upstox
	39 Customer Reviews	150 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Fyers is Rated 2.9 / 5 based on 39 customer reviews	Upstox is Rated 2.4 / 5 based on 150 customer reviews