IIFL vs Upstox – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of IIFL vs Upstox. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between IIFL vs Upstox along with differences.

IIFL vs Upstox

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This IIFL vs Upstox comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare IIFL vs Upstox:

Overview of IIFL & Upstox

Overview IIFL Upstox
Company Type Public Private
Broker Type Full Service Broker Discount Broker
Headquarters Mumbai, India Mumbai, India
Founder Nirmal Jain Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath
Established Year 1995 2009

India Infoline vs RKSV Customer Ratings Comparison

Customer Ratings IIFL Upstox
Experience 8.0/10 5.3/10
Products & Services 8.0/10 6.5/10
Brokerage Charges & Fees 6.3/10 9.5/10
Stock Research & Advisory 6.5/10 3.0/10
Trading Platforms 7.0/10 6.5/10
Overall Ratings 7.1/10 6.2/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 293 598

IIFL vs Upstox Demat Account Comparison

Demat Services IIFL Upstox
Depository Source NSDL & CDSL CDSL
Account Opening Charges Rs.1300 Rs.150
Demat AMC Charges Free or Rs.300 per Annum Rs.150 per Annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Zero
Offline to Online Yes No

Upstox vs IIFL Brokerage Charges Comparison

Brokerage Charge & Fees IIFL Upstox
Equity Delivery Trading 0.50% Zero
Equity Intraday Trading 0.05% Rs.20
Commodity Options Trading 0.05% Rs.20
Equity Futures Trading 0.05% Rs.20
Equity Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.20 per lot
Currency Futures Trading 0.05% Rs.20
Currency Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.20 per lot
Minimum Brokerage Rs.0.05 per Share Rs.20
Demat AMC Charges Free or Rs.300 per Annum Rs.150 per annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Zero
Brokerage Calculator IIFL Brokerage Calculator Upstox Brokerage Calculator

RKSV & India Infoline Other Charges Comparison

Other Charges IIFL Upstox
Transaction Charges 0.00325% of Total Turnover 0.00275% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Upstox & IIFL Offers

Offers IIFL Upstox
Free Demat Account R S
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers R S
Zero Brokerage for Loss Making Trades S S

Compare Services of IIFL vs Upstox

Services IIFL Upstox
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory S R
Trading Institution S S
Trading Exposure Upto 10x Upto 20x

Compare Upstox & IIFL Research & Advisory

Research & Advisory IIFL Upstox
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips R S
IPO Reports R S
Top Picks R S
Daily Market Review R S
Monthly Reports R S
Weekly Reports R S
Offline Advisory R S
Relationship Manager R S

IIFL vs Upstox Exposure/Leverage

Exposure / Leverage IIFL Upstox
Equity Delivery Upto 5x Upto 5x
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 7x Upto 7x
Equity Options Upto 5x Upto 8x
Currency Futures Upto 8x Upto 5x
Currency Options Upto 5x Upto 6x
Commodities Upto 8x Upto 7x

IIFL vs Upstox Product Comparison

Products IIFL Upstox
Equity Trading R R
Commodity Trading R No
Currency Trading R R
Options R R
Futures R R
Mutual Funds R S
Forex R S
Banking S S
Insurance S S

IIFL vs Upstox Trading Platform Comparison

Trading Platforms IIFL Upstox
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

IIFL vs Upstox Customer Support

Customer Support IIFL Upstox
Dedicated Dealer R S
Offline Trading S S
Online Trading R R
24*7 Support S S
Support Number 1800 3000 1155 022 – 6130 9999
Email Support R R
Chat Support R S
Toll Free Number 1800 3000 1155 S
Branches 120 Zero

IIFL vs Upstox Customer Complaints

Complaints (Current Year) IIFL Upstox
Lodged in BSE 145 185
Resolved in BSE 122 126
Lodged in NSE 214 175
Resolved in NSE 212 139

Compare IIFL with other Brokers & Upstox with other Brokers:

Upstox vs Bonanza Portfolio IIFL vs SAMCO
Upstox vs HDFC Securities IIFL vs Bonanza Portfolio
Upstox vs SAMCO IIFL vs HDFC Securities
Upstox vs Edelweiss IIFL vs Edelweiss
Upstox vs Motilal Oswal IIFL vs Motilal Oswal
Upstox vs ICICI Direct IIFL vs ICICI Direct
Upstox vs Kotak Securities IIFL vs Kotak Securities
Upstox vs Angel Broking IIFL vs Angel Broking
Upstox vs Sharekhan IIFL vs Sharekhan
Upstox vs Zerodha IIFL vs Zerodha

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Top 10 Discount Brokers in India
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Stock Broker Comparison
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