Quick Comparision (Upstox VS IIFL Securities)

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.

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

	Upstox	IIFL Securities
Single Margin Facility
Year of Incorporation	2009	1995
Exchanges	BSE, NSE and MCX	NSE, BSE, MCX and NCDEX
Branches	Zero	2000+
Brokerage	₹20/ Order or 0.05% (Whichever is lower)	₹20/ Order
Broker Type	Discount Broker	Full Service Broker
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Trading Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account AMC	₹0 (Free)	₹0 (Free) for the first year \| ₹250 + GST from the next year onwards
Trading Account AMC	₹0 (Free)	₹0 (Free)
	Call Back Open Account	Call Back Open Account

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

	Upstox	IIFL Securities
RMS Square Off Charge	(₹50 + GST)	₹50/ Order
API Charges	₹0 (Free)	₹0 (Free)
Call & Trade Charges	(₹50 + GST)	₹0 (Free)
Other Brokerage Charges	₹20/ Order or 0.05% ( Whichever is lower)	₹20/ Order
Minimum Brokerage	₹20/ Order	₹20/ Order
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Currency Options	NSE: Exchange turnover charge: 0.04% \|Clearing charge: 0.025% \| BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%	NSE: Exchange turnover charge: 0.04% \| Clearing charge: 0.025% \| BSE: Exchange turnover charge: 0.001% \|Clearing charge: 0.025%
Equity Futures	NSE: Exchange turnover charge: 0.0020% \| Clearing charge: 0.0002%	NSE: 0.00195% on Total Turnover value
Equity Intraday	NSE: 0.00345% trade on buy & sell \| BSE: charges vary as per the scrip group	NSE: 0.00335% on Turnover Value (Buy & Sell) \| NSE .00275% on Turnover Value (Buy & Sell) \| BSE: Charges vary as per The Scrip Group \| Exchange turnover charge: 0.00022% \| Clearing charge: 0.0004%
Equity Options	NSE: Exchange turnover charge: 0.053% \| Clearing charge: 0.005%	NSE: 0.053% on Premium value
Commodity	Non-Agri: Exchange turnover charge: 0.0026%	Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures	NSE: Exchange turnover charge: 0.0009% \| Clearing charge: 0.0004% \| BSE: Exchange turnover charge: 0.00022% \| Clearing charge: 0.0004%	NSE: Exchange turnover charge: 0.0009% \|Clearing charge: 0.0004% \| BSE: Exchange turnover charge: 0.00022% \|Clearing charge: 0.0004%
Equity Delivery	NSE: 0.00345% trade on buy & sell \| BSE: charges vary as per the scrip group	NSE: 0.00335% on Turnover Value (Buy & Sell) \| NSE .00275% on Turnover Value (Buy & Sell) \| BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% \| Clearing charge: 0.0004%
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
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	Call Back Open Account

	Upstox	IIFL Securities
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 & F&O:- 3:15 PM \| Currency 4:45 PM \| Commodity:- 11:25 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
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	IIFL Securities
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
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

	Upstox	IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Daily Market Reports & News
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Casual Investor
Active Investor
Trader
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
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. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD).
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds.
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Commodity Futures	0.01% on sell trade (Non-Agri)	0.01% on Sell Side Non-Agri
Currency Futures	No STT	No STT
Equity Intraday	0.025% only on sell	0.025% on Sell
Equity Options	0.05% only on sell	0.05% on Sell (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on both buy & sell	0.1% on both buy & Sell
Equity Futures	0.01% only on sell	0.01 % on Sell
Commodity Options	0.05% on sell trade	0.05% on Sell Side
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Equity Demat Transaction Charges	Equity (F&O, Intraday) No Charges \| Equity Delivery- ₹18.5 + Gst per scrip per day only on sell	Equity (F&O, Intraday):- No Charges \| Equity Delivery- ₹20+ Gst per scrip only on Sell
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO)	18% (on brokerage + transaction charges) \| Equity Delivery - 18% (on brokerage + transaction + demat charges)	18% on (Brokerage + Transaction Charge)
	Call Back Open Account	Call Back Open Account

	Upstox	IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore	₹10/Crore
	Call Back Open Account	Call Back Open Account

Upstox

IIFL Securities

Trading Account Opening Charge

₹0 (Free)

Demat Account Opening Charge

₹0 (Free)

Demat Account AMC

₹0 (Free)

₹0 (Free) for the first year | ₹250 + GST from the next year onwards

Trading Account AMC

₹0 (Free)

Call Back Open Account

	Upstox	IIFL Securities
	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 "+ IIFL Securities Read more..	IIFL Securities Review \| Features and Brokerage Plans IIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. Read more..

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

	Upstox	IIFL Securities
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	Call Back Open Account

	Upstox	IIFL Securities
RMS Square Off Charge	(₹50 + GST)	₹50/ Order
API Charges	₹0 (Free)	₹0 (Free)
Call & Trade Charges	(₹50 + GST)	₹0 (Free)
Other Brokerage Charges	₹20/ Order or 0.05% ( Whichever is lower)	₹20/ Order
Minimum Brokerage	₹20/ Order	₹20/ Order
	Call Back Open Account

	Upstox	IIFL Securities
Commodity Futures	0.01% on sell trade (Non-Agri)	0.01% on Sell Side Non-Agri
Currency Futures	No STT	No STT
Equity Intraday	0.025% only on sell	0.025% on Sell
Equity Options	0.05% only on sell	0.05% on Sell (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on both buy & sell	0.1% on both buy & Sell
Equity Futures	0.01% only on sell	0.01 % on Sell
Commodity Options	0.05% on sell trade	0.05% on Sell Side
	Call Back Open Account

	Upstox	IIFL Securities
Equity Demat Transaction Charges	Equity (F&O, Intraday) No Charges \| Equity Delivery- ₹18.5 + Gst per scrip per day only on sell	Equity (F&O, Intraday):- No Charges \| Equity Delivery- ₹20+ Gst per scrip only on Sell
	Call Back Open Account

	Upstox	IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO)	18% (on brokerage + transaction charges) \| Equity Delivery - 18% (on brokerage + transaction + demat charges)	18% on (Brokerage + Transaction Charge)
	Call Back Open Account

	Upstox	IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore	₹10/Crore
	Call Back Open Account

	Upstox	IIFL Securities
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 & F&O:- 3:15 PM \| Currency 4:45 PM \| Commodity:- 11:25 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (Upstox VS IIFL Securities)

Upstox Vs IIFL Securities

Upstox Vs IIFL Securities - Broker Details

Upstox Vs IIFL Securities - Account Opening & AMC Charges

Upstox Vs IIFL Securities - Brokerage charges & Plans

Upstox Vs IIFL Securities - Other Charges

Upstox Vs IIFL Securities - Transaction Charges

Upstox Vs IIFL Securities - Margin (Exposure)

Upstox Vs IIFL Securities - Features

Upstox Vs IIFL Securities - Review & Rating

Upstox Vs IIFL Securities - Request a call back from Broker

Upstox Vs IIFL Securities - Investment Options

Upstox Vs IIFL Securities - Order Type

Upstox Vs IIFL Securities - Research & Report

Upstox Vs IIFL Securities - Daily Market Report

Upstox Vs IIFL Securities - Suitable For Investor

Upstox Vs IIFL Securities - Pros & Cons

Upstox Vs IIFL Securities - Background

Upstox Vs IIFL Securities - Compare All Brokers

Upstox Vs IIFL Securities - STT/CTT

Upstox Vs IIFL Securities - Demat transaction charges

Upstox Vs IIFL Securities - GST

Upstox Vs IIFL Securities - SEBI Charges

Upstox Vs IIFL Securities - Account Opening & AMC Charges

Upstox Vs IIFL Securities

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

IIFL Securities Review | Features and Brokerage Plans

Upstox Vs IIFL Securities - Brokerage charges & Plans

Upstox Vs IIFL Securities - Margin (Exposure)

Upstox Vs IIFL Securities - Other Charges

Upstox Vs IIFL Securities - STT/CTT

Upstox Vs IIFL Securities - Demat transaction charges

Upstox Vs IIFL Securities - GST

Upstox Vs IIFL Securities - SEBI Charges

Upstox Vs IIFL Securities - Features

Upstox

IIFL Securities