About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India.
Fyers is a low brokerage stock broker in India. ... 
About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
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 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 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: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. | Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | Intra-day: 0.03% or Rs 20, whichever is lower | 0.05% |
| Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | Auto Square-off Charges: Rs 50 |
| Call & Trade Charges | Rs 50 per trade | Rs 20 per trade |
| Open Fyers Account | Open Upstox Account |
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 |
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 is rated of 5 based on 37 customer reviews whereas Upstox is rated of 5 based on 149 customer reviews.
| Fyers | Upstox | |
|---|---|---|
37 Customer Reviews  | 149 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities | |  |
| Overall Rating | |  |
| Broker Rating | Fyers is Rated 2.9 / 5 based on 37 customer reviews | Upstox is Rated 2.4 / 5 based on 149 customer reviews |
| Fyers | Upstox | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Fyers | Upstox | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Fyers | Upstox | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Fyers Account | Open Upstox Account |
| Fyers | Upstox | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Fyers | Upstox | |
|---|---|---|
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| Promo / Offers | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
| Open Fyers Account | Open Upstox Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Fyers Account
