Finvasia Vs IIFL Securities Vs Upstox: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of IIFL Securities ranges between Rs 20, while the brokerage of Upstox ranges between Rs 20. The broker Finvasia and Upstox are discount brokers where IIFL Securities is a full service broker. Overall rating for Finvasia is 4, IIFL Securities is rated 4, Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of Finvasia vs IIFL Securities vs Upstox stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs IIFL Securities vs Upstox on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs IIFL Securities vs Upstox in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare Finvasia vs IIFL Securities vs Upstox on Service

	Finvasia	IIFL Securities	Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX
Broker Overview	Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry

Account Opening Charges and AMC

Compare Finvasia vs IIFL Securities vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs IIFL Securities vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and IIFL Securities offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account, where Upstox charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs IIFL Securities vs Upstox
Charges	Finvasia	IIFL Securities	Upstox
Trading Account Opening Fees	Free	Free	Promotion offer: Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Free	Rs 250 PA (Free for 1st year)	Free
Provide DP Service

About Brokerage Plans

Compare Finvasia vs IIFL Securities vs Upstox on Plan Options

Plans are the most important feature you look when compare Finvasia vs IIFL Securities vs Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs IIFL Securities vs Upstox on Plan Options
Plan Types	Finvasia	IIFL Securities	Upstox
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Zerodha	Upstox
Account Opening Request	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>	Open Upstox Account Now>>

Brokerage Charges

Compare Finvasia vs IIFL Securities vs Upstoxon Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Finvasia vs IIFL Securities vs Upstox
Brokerage Charges Compare	Finvasia	IIFL Securities	Upstox
Plan Name	Zero Brokerage Trading Plan	IIFL iSERVE Brokerage Plan	Max Rs 20 Per Order Trading Plan
Equity Delivery	Rs 0	Flat Rs 20 per order	2.5% or Rs 20 whichever is lower
Equity Intraday	Rs 0	Flat Rs 20 per order	0.05% or Rs 20 whichever is lower
Equity Futures	Rs 0	Flat Rs 20 per order	0.05% or Rs 20 whichever is lower
Equity Options	Rs 0	Flat Rs 20 per order	Flat Fee Rs 20
Currency Futures	Rs 0	Flat Rs 20 per order	0.05% or Rs 20 whichever is lower
Currency Options	Rs 0	Flat Rs 20 per order	Flat Fee Rs 20
Commodity Trading	Rs 0	Flat Rs 20 per order	Flat Fee Rs 20
Minimum Brokerage	NA
Hidden Charges	No	Info Not Available
Call & Trade Charges	Free	Rs 50 Per Call + GST	Rs 50 + 18% GST
Auto Square off Charges	Free	Rs 50 Per Call + GST	Rs 50 + 18% GST
Brokerage Calculator	Brokerage Calculator for Finvasia	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Upstox

Share Broker's Transaction Charges

Compare Finvasia vs IIFL Securities vs Upstox on Transaction Charges

Compare Finvasia vs IIFL Securities vs Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs IIFL Securities vs Upstox
Transaction Charges Compare	Finvasia	IIFL Securities	Upstox
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr
Brokerage Charges	Complete Brokerage Plans for finvasia	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for upstox

Account Features

Compare Finvasia vs IIFL Securities vs Upstox on Account Features

Compare Finvasia vs IIFL Securities vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Finvasia and IIFL Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Upstox offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and IIFL Securities offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Finvasia vs IIFL Securities vs Upstox
Account Features Compare	Finvasia	IIFL Securities	Upstox
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Finvasia vs IIFL Securities vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs IIFL Securities vs Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs IIFL Securities vs Upstox
Trading Platform Compare	Finvasia	IIFL Securities	Upstox
Web Trading Platform
Web Trading Detail	https://trade.finvasia.com/	https://ttweb.indiainfoline.com	https://pro.upstox.com/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	SCALPERT	IIFL Markets	Upstox
Mobile Trading App Demo	SCALPERT Demo	IIFL Markets Demo	Upstox Demo
Android Mobile App
Android App Download	Andriod SCALPERT Download	Andriod IIFL Markets Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	Info Not Available	iOS IIFL Markets Download	iOS Upstox Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Basic platforms are free, advance platforms are chargeable.	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Finvasia	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator	Futures Brokerage Calculator for Finvasia	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Upstox
Options Brokerage Calculator	Options Brokerage Calculator for Finvasia	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Upstox
Detail	Detail on Trading Platforms for finvasia	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for upstox

Broker Ratings by Users

Compare Finvasia vs IIFL Securities vs Upstox on User Rating

	Finvasia	IIFL Securities	Upstox
	17 Customer Reviews	82 Customer Reviews	12 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Finvasia is Rated 4.2 / 5 based on 17 customer reviews	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Upstox is Rated 3.7 / 5 based on 12 customer reviews

Investment Offerings

Compare Finvasia vs IIFL Securities vs Upstox on Investment Offerings

Compare Finvasia vs IIFL Securities vs Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where Finvasia and Upstox doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs IIFL Securities vs Upstox
Investment Offerings Compare	Finvasia	IIFL Securities	Upstox
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare Finvasia vs IIFL Securities vs Upstox on Customer Service

Compare Finvasia vs IIFL Securities vs Upstox on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs IIFL Securities vs Upstox
Customer Service Compare	Finvasia	IIFL Securities	Upstox
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	Support: +91 9779 097 777/Sales: +91 9098 001 001	022-40071000	+91 22 6130 9999
Account Opening Process	Online/Paperless	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]/[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://finvasia.com/announcements	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://upstox.com/help-center/
Head Office Address	Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013
Website	https://www.finvasia.com/	https://www.indiainfoline.com/	https://upstox.com/

Tips/Research/Reports Published

Compare Finvasia vs IIFL Securities vs Upstox on Research Reports, Tips

Compare Finvasia vs IIFL Securities vs Upstox on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs IIFL Securities vs Upstox
	Finvasia	IIFL Securities	Upstox
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Finvasia vs IIFL Securities vs Upstox on Demat Account

Compare Finvasia vs IIFL Securities vs Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs IIFL Securities vs Upstox
	Finvasia	IIFL Securities	Upstox
DP Source	CDSL	CDSL	CDSL
DP ID	84300	44700	81800
Demat Account Annual Maintenance Charges(AMC)	Free	₹400 pa	₹300 PA
Advance Deposit	Rs 0	Nil	NIL
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹9 + ₹5.50 (CDSL Charges) for every transaction	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹13 + ₹5.50 CDSL charges
Demat	₹15 per certificate	₹15 per certificate + ₹40 courier charges	₹20 + ₹50 courier charges
Remat	₹15 for every hundred securities + CDSL Charges	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation	₹25 per transaction	₹50	0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation	NIL	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure	₹25 per transaction	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation	NIL	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation	₹19 per transaction	Nil	0.05% of the transaction value (Min ₹50)
Failed Instruction Charges	₹49	Nil	₹50
Other Charges

Special Offers,Advantages,Disadvantages

Compare Finvasia vs IIFL Securities vs Upstox on Special Offers and Promotion

Compare Finvasia vs IIFL Securities vs Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs IIFL Securities vs Upstox on Special Offers and Promotion
	Finvasia	IIFL Securities	Upstox
Likes	No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows; Zero account opening fees. Commission or Brokerage-free trading across all segments. Free and easy-to-use platforms; Shoonya web, app, and exe desktop software. Free of cost Shoonya Developer API. Start algo trading with HFT Algo. Invest in IPO, bonds, and direct mutual funds. Finvasia allows BTST (Buy Today, Sell Tomorrow) facility. Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO). GTT (Good Till Triggered order) is available across all segments with 1 year validity. Zero call & trade charges. No annual maintenance fee. Zero hidden charges. Lowest DP Charges. Detail Review...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...	Before you open an Upstox account, check out the advantages on why to trade with Upstox. No account opening charges and Zero Demat maintenance charge. Cheapest flat brokerage of Rs 20 per order Best platforms for traders and investors Invest in mutual funds and IPOs for free. Invest across global companies in 25+ countries. Advanced orders like bracket order, cover order, AMO, and GTT order. Advanced Pro web and mobile app-based trading platforms. TradingView charts, multiple technical indicators, and drawing tools Margin Trading Facility and margin against shares Free API access UpLearn free learning platform Detail Review...
Dislikes	Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points; Does not provide margin funding. You cannot open a 3-in-1 account with Finvasia. Finvasia is an online discount broker and does not have any physical branches. It does not provide intraday trading tips, investment ideas, and research No dedicated relationship manager. Detail Review...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...	There are some setbacks or disadvantages also while trading with Upstox; Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading. Upstox does not have unlimited monthly trading plan. It does not provide stock trading tips and recommendations. Does not offer NRI trading. 24/7 customer service is not available. Detail Review...
Special Offers/Promo	Free Account Opening+Free Demat AMC+Free Trading.		Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
	Enquire for Finvasia	Enquire for IIFL Securities	Enquire for Upstox

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Transaction Charges Compare	Finvasia	IIFL Securities	Upstox
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr
Brokerage Charges	Complete Brokerage Plans for finvasia	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for upstox