Fyers Vs Upstox Vs Angel One Comparison

The comparison between Fyers, Upstox, and Angel One highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Fyers is known for its user-friendly trading experience and reliability, while Upstox stands out for offering competitive brokerage rates and an advanced mobile trading platform. Angel One provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 3.01 Lakh, 23.78 lakh, and 3.46 crore users respectively, reflecting their popularity among investors. Overall, this comparison of Fyers, Upstox, and Angel One helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Fyers, Upstox, and Angel One reveals significant differences in their offerings. Fyers provides 4 for Overall Rating, while Upstox offers 4.5 and Angel One features 4.5.

Services / FeaturesFyersUpstoxAngel One
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE
Active Clients 3.01 Lakh 23.78 lakh 3.46 crore
Broker Overview Fyers Review Upstox Review Angel One Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Fyers, Upstox, and Angel One reveal significant differences in their offerings. Fyers provides N/A trading and demat account opening, while Upstox offers Free and Angel One features Zero.

Account Opening Charges and AMCFyersUpstoxAngel One
Trading Account Opening Free Zero
Trading AMC ₹300 ₹500 per year
Demat Account Opening Free Zero
Demat AMC ₹300 ₹500 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Fyers, Upstox, and Angel One reveals significant differences in their offerings. Fyers provides - plans, while Upstox offers - and Angel One features -.

Brokerage PlansFyersUpstoxAngel One
Multiple Plans - - -
Monthly Plans - - -
Yearly Plans - - -

Brokerage Charges

This comparison between Fyers, Upstox, and Angel One reveals significant differences in their brokerage charges. Fyers charges ₹20 or 0.03% per executed order brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options. Upstox charges ₹20 brokerage on equity delivery and intraday, ₹20 or 0.1% for futures, and ₹20 for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options.

Brokerage ChargesFyersUpstoxAngel One
Plan Name - - -
Equity Delivery ₹20 or 0.03% per executed order ₹20 ₹20 or 0.1%
Equity Intraday ₹20 or 0.03% per executed order ₹20 or 0.1% ₹20 or 0.03%
Equity Futures ₹20 or 0.03% per executed order ₹20 or 0.1% ₹20
Equity Options ₹20 per executed order ₹20 ₹20
Currency Futures ₹20 or 0.03% per executed order ₹20 or 0.5% ₹20
Currency Options ₹20 per executed order ₹20 ₹20
Commodity Futures ₹20 per executed order
Commodity Options ₹20 per executed order
Hidden Charges No No No
Call & Trade Charges ₹50 + GST per executed order ₹75 + GST ₹20 + GST
Auto Square Off Charges ₹50 + GST per executed order ₹75 + GST ₹20 + GST
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Transactions Charges

This comparison between Fyers, Upstox, and Angel One reveals significant differences in their transactions. Fyers provides NSE: 0.00297% | BSE: 0.00375% for Transaction Charges Equity Delivery, while Upstox offers NSE: 0.00297% per trade and Angel One features NSE: 0.00297% BSE*: As Per The Stock Group.

Transactions ChargesFyersUpstoxAngel One
Equity Delivery NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% per trade NSE: 0.00297% BSE*: As Per The Stock Group
Equity Intraday NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% per trade NSE: 0.00297% BSE*: As Per The Stock Group
Equity Futures NSE: 0.00173% NSE: 0.00188% NSE: 0.00173% BSE: 0
Equity Options NSE: 0.03503% NSE: 0.0495% (on premium) NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325%
Currency Futures NSE: 0.00035% | BSE: 0.00045% NSE: 0.00035% BSE: 0.00045% NSE: 0.00035% BSE: 0.00045%
Currency Options NSE: 0.0311% | BSE: 0.001% NSE: 0.0311% BSE: 0.001% NSE: 0.0311% BSE: 0.001%
Commodity MCX- Non-Agri: 0.0418% 0.05% MCX 0.0418% NCDEX Options 0.03%

Account Features

These are the notable distinctions in the account features of Fyers, Upstox, and Angel One when compared.

Account FeaturesFyersUpstoxAngel One
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:20 PM Yes
NRI Trading Yes No Yes

Trading Platforms

The trading platforms comparison between Fyers, Upstox, and Angel One reveals significant differences in their offerings. Fyers, Upstox and Angel One provide web trading platforms and mobile trading platforms.

Trading PlatformsFyersUpstoxAngel One
Web Trading Platform Yes Yes Yes
Web Trading Detail Fyers Web Trading Upstox Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Download Yes
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Free Zero

Broker Ratings

The broker ratings comparison between Fyers, Upstox, and Angel One reveals significant differences in their offerings. Fyers provides 4 for Fees Ratings, while Upstox offers 4.3 and Angel One features 4.4.

Broker RatingsFyersUpstoxAngel One
Fees Ratings 4 4.3 4.4
Trading Brokerage Rating 4 4.4 4.4
Trading Platform Usability 4 4.4 4.3
Customer Service Ratings 4 4.2 4.4
Overall Ratings 4 4.3 4.4

Investment Offerings

This comparison between Fyers, Upstox, and Angel One reveals significant differences in their investment offerings. Fyers provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Upstox provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsFyersUpstoxAngel One
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options Yes Yes Yes

Customer Support

The comparison between Fyers, Upstox, and Angel One reveals significant differences in their Customer Support. Fyers provides No, while Upstox offers No and Angel One features Yes.

Customer SupportFyersUpstoxAngel One
24/7 Customer Service No No Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No
Through Branches No Yes
Customer Care Number 080-60001111 022-41792999 18001020
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://upstox.com/uplearn/ https://www.angelone.in/knowledge-center
Head Office Address

Brigade Magnum,
9th Floor, Wing A,
International Airport Road, Kodigehalli Gate, Hebbal,
Byatarayanapura, Amruthahalli,
Bengaluru – 560092

30th Floor, Sunshine Tower,

Senapati Bapat Marg, Dadar (W),

Mumbai, Maharashtra 400013

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Website https://fyers.in/ https://upstox.com/ https://www.angelone.in/

Research and Reports

The research and reports comparison between Fyers, Upstox, and Angel One reveals significant differences in their offerings.

Research and ReportsFyersUpstoxAngel One
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Fyers, Upstox, and Angel One reveals significant differences in their demat account charges. Fyers provides CDSL & NSDL for DP Source, while Upstox offers CDSL and Angel One features CDSL.

Demat Account ChargesFyersUpstoxAngel One
DP Source CDSL & NSDL CDSL CDSL
DP ID CDSL: 12089400 | NSDL: IN304502 81800 384-2018
Demat Account Annual Maintenance Charges (AMC) Rs 300 ₹2950 Lifetime AMC
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat
Remat ₹10/- per certificate
Pledge Creation ₹5 ₹20 + GST per scrip ₹20 + GST
Pledge Creation Confirmation - Yes Yes
Pledge Closure ₹5 ₹20 + GST per scrip ₹20 + GST
Pledge Closure Confirmation - Yes Yes
Pledge Invocation ₹5 ₹20 + GST per scrip ₹20 + GST
Failed Instruction Charges ₹50 per transaction -
Other Charges - No -

Advantages and Disadvantages

BrokerProsCons
Fyers
  • Advanced and Feature-Rich Trading Platforms
  • Strong Focus on Technology and Uptime
  • Good Customer Support
  • Technical Issues/Platform Glitches
  • Margin Funding Limitations
  • Higher Transaction/Exchange Charges
Upstox
  • Low brokerage charges
  • User-friendly mobile and web trading platforms
  • Backed by a reputed investor, Ratan Tata
  • Fast account opening process
  • Provides API-based trading
  • Slow customer support
  • No advisory services
  • Margin funding is limited
  • Occasional technical glitches reported
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders

User Experience: Buying Stocks

Fyers – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.03% per executed order, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4/5.

Market Presence: Around 3.01 Lakh active clients use this broker.

Upstox – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.1%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.2/5.

Market Presence: Around 23.78 lakh active clients use this broker.

Angel One – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.4/5.

Market Presence: Around 3.46 crore active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: Fyers charges Not specified, Upstox charges Free, and Angel One charges Zero. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Fyers offers ₹20 or 0.03% per executed order for equity intraday, Upstox provides ₹20 or 0.1%, and Angel One charges ₹20 or 0.03%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Fyers offers 4, Upstox provides 4.5, and Angel One features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Fyers has 4 support, Upstox offers 4.4, and Angel One provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Fyers with 4, Upstox with 4.4, and Angel One with 4.3. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Fyers (Yes), Upstox (Yes), and Angel One (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Fyers offers user-friendly platforms with educational resources, Upstox provides competitive pricing with intuitive interfaces, and Angel One combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Fyers focuses on intuitive design and quick execution, Upstox emphasizes advanced charting and analysis tools, while Angel One balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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