Zerodha vs Fyers vs Upstox
In this article, we will review ‘Zerodha vs Fyers vs Upstox‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
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| Product Name |
Zerodha Trading App Review 2024Fyers review and brokerage chargesUpstox app review India in 2024: Brokerage Charges list, AMC & Rating |
| Product Image |
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| Price | |
| Our Rating | |
| Brand | Zerodha Fyers Upstox |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
|
| Company name | Zerodha FYERS Securities Private Limited Upstox- RKSV Securities India Private Limited (RSIPL) |
| Headquarters | Bengaluru Bengaluru Delhi |
| Founder | Nithin Kamath Tejas Khoday, Yashas Khoday, and Shreyas Khoday Ravi Kumar |
| Establishment Year | 15 August 2010 2015 April 6, 2009 |
Account opening & AMC
|
|
| Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. | ₹200 ₹0 ₹0 |
| Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. | ₹0 ₹0 ₹0 |
Pledge Charges
|
|
| Pledge Creation Charges | ₹30 + GST per pledge request ₹0 ₹20 + GST per scrip for Equity & ₹50 + GST per scrip for pledging Futures buy and sell and Options Sell orders only |
| Pledge Invocation Charges | ₹0 ₹0 ₹50 + GST per scrip for unpledging |
| Interest on Margin Trading | 0.035% per day (equivalent to 12.775% p.a.) Does not provide ₹20/day for every slab of ₹40,000 taken as MTF |
| Margin Re-Pledge | ₹0 ₹0 ₹20 + GST per scrip for Equity |
Brokerage charges & Fees
|
|
| Brokerage Plan | Standard Standard account Standard |
| Equity Delivery Charges | ₹0 ₹0 ₹20 or 2.5% whichever is lower |
| Equity Intraday Charges | ₹20 or 0.03% per executed order, whichever is lower ₹20 or 0.03% per executed order, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) |
| Equity Futures charges | ₹20 or 0.03% per executed order, whichever is lower ₹20 or 0.03% per executed order, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) |
| Equity Options charges | Flat ₹20 per executed order Flat ₹20 per executed order Flat ₹20 per executed order |
| Currency Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) |
| Currency Options charges | Flat ₹20 per executed order Flat ₹20 per executed order Flat ₹20 per executed order |
| Commodity Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.05% (whichever is lower) |
| Commodity Options charges | ₹20 per executed order ₹20 per executed order Flat ₹20 per executed order |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
Yes
Yes
Yes
|
| NRI Services |
Yes
Yes
Yes
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 080 47181888 080-600 01 111 (9:00AM - 11:55PM) 022-41792999: All Trading Days – 8 am to 5 pm |
| Email Support | renu.pd@zerodha.com (10AM - 5PM) support@fyers.in (9:00AM - 11:55PM) support@upstox.com: All Trading Days – 8 am to 5 pm |
| Whatsapp Support |
 No
No
No
|
| Website Support |
Yes, create ticket
Yes, Articles only. No Chat support
Yes, 8AM - 7PM IST, Monday - Saturday
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; you need the full purchase value in your account. No leverage available; you need the full purchase value in your account. |
| Equity Intraday Margin Leverage | Upto 5x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks) Leverage ranges from 1x to 5x depending on the stock (lower leverage for volatile stocks) |
| Equity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront Leverage is 1.3x across all Equity F&O contracts |
| Equity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Currency F&O Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront Leverage is 1.3x across all Currency F&O contracts |
| Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront Leverage is 1.3x across all Commodity F&O contracts |
| Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Unique Offerings
|
|
| Free Account Opening |
No
Yes
Yes
|
| Free Brokerage | On Stock delivery, Mutual Funds and IPOs only On Stock delivery, Mutual Funds and IPOs only On Mutual Funds and IPOs only |
| Free AMC |
Yes
Yes
Yes
|
| Free Equity Delivery |
Yes
Yes
No
|
| Free F&O Trading |
No
No
No
|
| Free Intraday Trading |
No
No
No
|
| Free Trading calls |
No
No
No
|
| Happy Trading Hours |
No
No
No
|
| Flexible Brokerage Plans |
No
No
No
|
| Referral Offers |
Yes
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
Yes
Yes
Yes
|
| Brokerage Cashback |
No
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
No
|
| Relationship Manager |
No
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
Yes
|
| Equity Intraday |
Yes
Yes
Yes
|
| Equity Futures |
Yes
Yes
Yes
|
| Equity Options |
Yes
Yes
Yes
|
| Currency Futures |
Yes
Yes
Yes
|
| Currency Options |
Yes
Yes
Yes
|
| Commodity Futures |
Yes
Yes
Yes
|
| Commodity Options |
Yes
Yes
Yes
|
| Foreign Stocks |
No
No
No
|
| Mutual Funds |
Yes
Yes
Yes
|
| Banking |
No
No
No
|
| Insurance |
No
No
No
|
| Corporate Bonds |
No
No
No
|
| Govt. Bonds |
No
No
No
|
| Digital Gold |
No
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
Yes
|
| Limit Order |
Yes
Yes
Yes
|
| Bracket Order |
Yes
Yes
Yes
|
| Cover Order |
Yes
Yes
Yes
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
No
No
No
|
| Sell Today Buy Tomorrow (STBT) |
No
No
No
|
Research & Reports
|
|
| Annual Reports |
Yes, powered by Tickertape
Yes
No
|
| Company Reports |
Yes, powered by Tickertape
Yes
Yes, Basic only
|
| Research Reports |
Yes, powered by Tickertape
Yes
No
|
| Fundamental Reports |
Yes, powered by Tickertape
Yes
Yes, Basic only
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
Yes, powered by Streak
Yes
Yes, Basic only
|
| Stock tips |
No
No
No
|
| Daily Market Review |
No
Yes
Yes
|
| Monthly Review |
No
Yes
Yes
|
| Weekly Review |
No
Yes
Yes
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
|
|
| Equity Delivery STT & CTT | 0.1% on buy & sell 0.1% on Buy and Sell 0.1% on buy & sell |
| Equity Intraday STT & CTT | 0.025% on the sell side 0.025% on Sell 0.025% on the sell side |
| Equity Futures STT & CTT | 0.0125% on the sell side 0.0125% on Sell 0.0125% on sell side |
| Equity Options STT & CTT | 0.0625% on sell side (on premium) 0.0625% on Sell 0.0625% on sell side (on premium) |
| Currency Futures STT & CTT | No STT No STT No STT |
| Currency Options STT & CTT | No STT No STT No STT |
| Commodity Futures STT & CTT | 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri) |
| Commodity Options STT & CTT | 0.05% on sell side 0.05% on sell side 0.05% on sell trade |
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
No
No
No
|
| Customized Recommendations |
No
Yes
No
|
| Advanced charting |
Yes
Yes
Yes
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
Yes
Yes
Yes
|
| Algo Trading Platform |
Yes
Yes
Yes
|
| Foreign Stocks Trading Platform |
No
No
No
|
| Basket Trading Platform |
Yes
Yes
Yes
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
No
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% NSE 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group |
| Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group |
| Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 0.0005% NSE Exchange turnover charge: 0.0019%. BSE: Nil |
| Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.005% (on premium) 0.009% NSE Exchange turnover charge: 0.050% (on premium). BSE: 0.0375% (on premium) |
| Currency Futures Transaction Charges | 0.0009% NSE- 0.0009% NSE: Exchange txn charge: 0.0009% & BSE: Exchange txn charge: 0.00022% |
| Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE- 0.035% | BSE- 0.001% NSE: Exchange txn charge: 0.035% & BSE: Exchange txn charge: 0.001% |
| Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% MCX- Non-Agri: 0.0026% Non-Agri: Exchange turnover charge: 0.0026% |
| Commodity Options Transaction Charges | Exchange txn charge: 0.05% MCX- Non-Agri: 0.05% Exchange turnover charge: 0.05% |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side 0.015% 0.015% or ₹1500 / crore on buy side |
| Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% 0.003% or ₹300 / crore on buy side |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% 0.002% or ₹200 / crore on buy side |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% 0.003% or ₹300 / crore on buy side |
| Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side 0.0001% or Rs 10 per crore on buy-side |
| Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side 0.0001% or Rs 10 per crore on buy-side |
| Commodity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% on Buy Side 0.002% or ₹200 per crore on buy-side |
| Commodity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% on Buy Side 0.003% or ₹300 per crore on buy-side |
Other Charges
|
|
| SEBI Turnover Charges | ₹10 / crore ₹10/Crore (For all segments) ₹10/crore (For all segments) |
| DP Charges | ₹13.5 + GST per scrip (irrespective of quantity) ₹7 + ₹5.5 (CDSL Charges) ₹18.5 + GST per scrip (irrespective of quantity) |
| GST charges | 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹150 per share certificate, ₹100 courier charges, + 18% GST ₹0 ₹20 per Certificate |
| Call and Trade charges | ₹50 per order ₹50 per executed order ₹50 + 18% GST |
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