Upstox vs Fyers
Comparison of charges, features, and platform quality. Both Upstox and Fyers are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both Upstox and Fyers are top-rated Discount brokers.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
Fyers Wins on:
Best For IntradayBetter choice if you prioritize excellent charting (tradingview) and need tradingview, charting.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹150/year | ₹300/year |
| Equity Delivery | ₹20 or 2.5% | ₹0 |
| Intraday Tradng | ₹20 or 0.05% | ₹20 |
| Active Clients | 30 Lakhs+ | 4 Lakhs+ |
| Rating | 4.6 | 4.4 |
| Best For | Intraday, Options | Intraday, Options |
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Brokerage Charges Explained
Upstox Fees
For equity delivery, ₹20 or 2.5% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for frequent traders.
Fyers Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Trading Platform & App
UpstoxUpstox's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
FyersFyers's platform focuses on research and data. Users find it powerful for detailed tracking.
Choose Upstox if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer fast app features.
Choose Fyers if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer tradingview features.
Pros & Cons Comparison
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
Fyers
Advantages
- Excellent Charting (TradingView)
- Drag and drop trading
- Community driven features
Disadvantages
- Back office reports can be better
- Occasional login issues
