| Basic Details | - •Broker Type: Discount broker
- •Founded: 2015
| - •Broker Type: Discount broker
- •Founded: Legacy RKSV/Upstox retail broking entity
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| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0 (lifetime as stated)
| - •Account Opening: Rs 0
- •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
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| Brokerage | - •Equity Delivery: Rs 20 or 0.03% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.03% (whichever is lower)
| - •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
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| Other Charges | - •Call and Trade: additional charge (referenced as Rs 50/order)
- •Admin square-off charges may apply for auto close positions.
| - •Call and Trade: Rs 20 per executed order
- •Instant money transfer fee and physical statement fees may apply
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| Leverage (Margin) | - •Margin products include MTF offerings in promotional messaging.
- •Practical leverage and margin depend on segment, risk, and exchange norms.
| - •Margin/leverage is segment specific and governed by exchange/risk policies.
- •Delivery generally follows full margin and intraday can provide lower upfront margins.
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| Features | - •In-house built trading stack.
- •Insta Options for strategy building and payoff analysis.
| - •Digital-first execution with mobile/web stack.
- •Strong derivatives support and low brokerage positioning.
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| Trading Platforms | - •Fyers App (mobile)
- •Fyers Web
| - •Upstox Pro web platform
- •Upstox mobile app
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| Reviews & Ratings | - •Marketed as a low-brokerage technology-first platform.
- •In this source extract, a single numeric overall rating is not prominently presented.
| - •Commonly viewed as low-cost, trader-friendly platform.
- •In this extract, no final single consolidated numeric rating table is shown.
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| Investment Options | | |
| Order Types Offered | - •Standard equity and derivatives order types
- •Intraday and delivery order handling
| - •Standard market and limit orders
- •Delivery/intraday/F&O execution flows
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| Suitable For (Investor Type) | - •Active traders focused on low brokerage and platform tools.
- •Users who prefer in-house charting and options strategy interfaces.
| - •Cost-sensitive active traders.
- •App-first users who want strong F&O workflow.
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| Pros and Cons | - •Pros:
- •Very competitive flat-fee structure.
| - •Pros:
- •Competitive low-cost brokerage model.
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