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 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 Vs Upstox - Broker Details
Fyers | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2015 | 2009 |
Exchanges | BSE, NSE, MCX. | BSE, NSE and MCX |
Branches | Zero | Zero |
Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Account Opening & AMC Charges
Fyers | Upstox | |
---|---|---|
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 |
Fyers Vs Upstox - Brokerage charges & Plans
Fyers | Upstox | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹0 | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹20/ Order | ₹20/ Order |
Commodity Options | ₹20/ Order | ₹20/ Order |
Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹20/ Order | ₹20/ Order |
Fixed Charges | ₹20/ Order | ₹20/ Order |
Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Other Charges
Fyers | Upstox | |
---|---|---|
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 0.03% (whichever is lower) | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Transaction Charges
Fyers | Upstox | |
---|---|---|
Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | ₹240/ Cr (0.0024%) | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | NA | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | ₹240/ Cr (0.0024%) | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Margin (Exposure)
Fyers | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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 | Call Back 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 | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | 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 |
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 | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Review & Rating
Fyers | Upstox | |
---|---|---|
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 |
Fyers Vs Upstox - Request a call back from Broker
Fyers | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Investment Options
Fyers | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Order Type
Fyers | Upstox | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Research & Report
Fyers | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Daily Market Report
Fyers | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Suitable For Investor
Fyers | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Pros & Cons
Fyers | Upstox | |
---|---|---|
Pros | 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. | 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. |
Cons | 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. | 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. |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Background
Fyers | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Compare All Brokers
Fyers | Upstox | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - STT/CTT
Fyers | Upstox | |
---|---|---|
Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on sell value | 0.025% only on sell |
Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.10% | 0.1% on both buy & sell |
Equity Futures | 0.01% on sell value | 0.01% only on sell |
Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Demat transaction charges
Fyers | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - GST
Fyers | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - SEBI Charges
Fyers | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Account Opening & AMC Charges
Fyers Vs Upstox
Fyers | Upstox | |
---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS 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 .. + " Vs "+ Upstox |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (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. |
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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 Vs Upstox - Brokerage charges & Plans
Fyers | Upstox | |
---|---|---|
Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | ₹0 | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹20/ Order | ₹20/ Order |
Commodity Options | ₹20/ Order | ₹20/ Order |
Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹20/ Order | ₹20/ Order |
Fixed Charges | ₹20/ Order | ₹20/ Order |
Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
Fyers Vs Upstox - Margin (Exposure)
Fyers | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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 | Call Back Open Account |
Fyers Vs Upstox - Other Charges
Fyers | Upstox | |
---|---|---|
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 0.03% (whichever is lower) | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account |
Fyers Vs Upstox - STT/CTT
Fyers | Upstox | |
---|---|---|
Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on sell value | 0.025% only on sell |
Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.10% | 0.1% on both buy & sell |
Equity Futures | 0.01% on sell value | 0.01% only on sell |
Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
Call Back Open Account |
Fyers Vs Upstox - Demat transaction charges
Fyers | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Fyers Vs Upstox - GST
Fyers | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account |
Fyers Vs Upstox - SEBI Charges
Fyers | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back 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 | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | 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 |
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 | ||
Call Back Open Account | Call Back Open Account |