Upstox vs Fyers Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox vs Fyers Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Upstox and Fyers Securities.

Background

Year of Incorporation 2010 2015
Website https://upstox.com/ https://fyers.in/
Phone 022-41792999 080 - 46251111
Exchanges enabled NSE, BSE & MCX NSE, BSE
Demat (NSDL/CDSL) CDSL NSDL- Partnership with ILFS
Brokerage

Equity Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery Rs 20 or 0.03% per executed order
Equity Futures Rs 20 or 0.05% per executed order Rs 20 or 0.03% per executed order
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures Rs 20 or 0.05% per executed order Not Available
Currency Options Rs. 20 per lot Not Available
Commodity Rs 20 per executed order Not Available
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Zero Rs 0
Commodity Zero Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% on Turnover 0.00325%
Futures 0.0021% on Turnover 0.00325%
Options 0.059% on Premium Turnover 0.059%
Commodities 0.0036% on Turnover Not Available
AMC charge Zero Rs 0
DP Transaction Charge Rs 18.5 per debit transaction Rs 7 + ?5.5
Offline order placing Charge Rs 25 per order placed on the phone 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 30 days
End of Day 10 years 3 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x on Intraday and Upto 1x on Delivery 10x for Intraday
Equity Futures Upto 4x for intraday 1x
Equity Options Buying no leverage, shorting upto 4x for intraday 1x
Currency Futures Upto 4x for intraday Not Available
Currency Options Buying no leverage, shorting upto 4x for intraday Not Available
Commodity Upto 3x for intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 16 Lakhs Rs 69.96 Crores
Profit after Tax FY12/13 Rs 24 lakhs Rs 67.66 Crores
Profit after Tax FY13/14 Rs 68 Lakhs Rs 81.10 Crores
Profit after Tax FY 14/15 Rs 71 Lakhs Rs 61.14 Crores
Profit after Tax FY 15/16 Rs 73 Lakhs Rs 78.10 Crores
Profit after Tax FY 16/17 Rs 77 Lakhs Rs 53.07 Crores
Profit after Tax FY 17/18 Rs 86 Lakhs Rs 67.25 Crores
Profit after Tax FY 18/19 Rs 92 Lakhs Rs 80.90 Crores
Profit after Tax FY 19/20 Rs 97 Lakhs Rs 68.07 Crores
Profit after Tax FY 20/21 Rs 5 Crores Rs 81.00 Crores
Profit after Tax FY 21/22 Rs 18 Crores Rs 59.41 Crores
Profit after Tax FY 22/23 Rs 25 Crores Rs 80.05 Crores
Debt FY11/12 0 Rs 44.07 Crores
Debt FY12/13 0 Rs 46.54 Crores
Debt FY13/14 Rs 1.38 Crores Rs 54.13 Crores
Debt FY14/15 Rs 1.77 Crores Rs 50.25 Crores
Debt FY15/16 Rs 2.13 Crores Rs 49.03 Crores
Debt FY16/17 Rs 2.44 Crores Rs 50.14 Crores
Debt FY17/18 Rs 2.87 Crores Rs 47.26 Crores
Debt FY18/19 Rs 3.11 Crores Rs 52.85 Crores
Debt FY19/20 Rs 3.56 Crores Rs 60.05 Crores
Debt FY20/21 Rs 3.91 Crores Rs 60.76 Crores
Debt FY21/22 Rs 4.18 Crores Rs 53.25 Crores
Debt FY22/23 Rs 4.40 Crores Rs 61.34 Crores
Profit to Equity(%) FY11/12 3.48% 19.94
Profit to Equity(%) FY12/13 5.10% 12.64
Profit to Equity(%) FY13/14 13.73% 16.81
Profit to Equity(%) FY14/15 15.70% 14.28
Profit to Equity(%) FY15/16 16.22% 25.66
Profit to Equity(%) FY16/17 16.87% 19.07
Profit to Equity(%) FY17/18 17.42% 19.14
Profit to Equity(%) FY18/19 17.99% 20.91
Profit to Equity(%) FY19/20 18.54% 29.50
Profit to Equity(%) FY20/21 19.01% 30.98
Profit to Equity(%) FY21/22 21.58% 30.64
Profit to Equity(%) FY22/23 22.15% 22.10
Balance Sheet Size FY11/12 Rs 16.23 Crores Rs 29.97 Crores
Balance Sheet Size FY12/13 Rs 25.10 Crores Rs 25.93 Crores
Balance Sheet Size FY13/14 Rs 32.97 Crores Rs 27.42 Crores
Balance Sheet Size FY14/15 Rs 38.78 Crores Rs 33.53 Crores
Balance Sheet Size FY15/16 Rs 49.94 Crores Rs 33.33 Crores
Balance Sheet Size FY16/17 Rs 50.25 Crores Rs 36.51 Crores
Balance Sheet Size FY17/18 Rs 58.87 Crores Rs 35.90 Crores
Balance Sheet Size FY18/19 Rs 63.55 Crores Rs 35.48 Crores
Balance Sheet Size FY19/20 Rs 75.90 Crores Rs 40.20 Crores
Balance Sheet Size FY20/21 Rs 89.52 Crores Rs 33.51 Crores
Balance Sheet Size FY21/22 Rs 105.55 Crores Rs 35.30 Crores
Balance Sheet Size FY22/23 Rs 116.10 Crores Rs 34.81 Crores

Comparison Link:

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Frequently Asked Questions

Is Upstox better than Fyers Securities ?

Upstox and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Fyers Securities better than Upstox ?

Upstox and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Upstox cheaper than Fyers Securities ?

Upstox and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Fyers Securities cheaper than Upstox ?

Upstox and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Upstox vs. Fyers Securities ?

To find out the better of the two stockbrokers Upstox and Fyers Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.