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.
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 |
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| Overview | IIFL | Upstox |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Thane | Mumbai, India |
| Founder | Nirmal Jain, R. Venkataraman | Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath |
| Established Year | 1995 | 2011 |
IIFL vs Upstox Customer Ratings Comparison |
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| Customer Ratings | IIFL | Upstox |
| Experience | 8.8 / 10 | 8.1 / 10 |
| Products & Services | 9.0 / 10 | 8.0 / 10 |
| Brokerage Charges & Fees | 8.8 / 10 | 7.9 / 10 |
| Stock Research & Advisory | 8.2 / 10 | 9.0 / 10 |
| Trading Platforms | 8.9 / 10 | 5.0 / 10 |
| Overall Ratings | 8.74 / 10 | 7.90 / 10 |
| Star Ratings | ★★★★★ | ★★★☆☆ |
| Total Client Reviews | 7218 | 2147 |
IIFL vs Upstox Demat Account Comparison |
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| Demat Services | IIFL | Upstox |
| Depository Source | NSDL & CDSL | CDSL |
| Account Opening Charges | Rs 295 | Rs 0 (Free) |
| Demat AMC Charges | Rs 0 (Free for 1st year) | Rs 249 |
| Trading AMC Charges | Free | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | R | S |
Upstox vs IIFL Brokerage Charges Comparison |
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| Brokerage Charge & Fees | IIFL | Upstox |
| Equity Delivery Trading | Rs 0 (Free) | Zero |
| Equity Intraday Trading | Rs 20 per order | Rs.20 per executed order or 0.05% (whichever is lower) |
| Commodity Options Trading | Rs 20 per order | Rs.20 per executed order or 0.05% (whichever is lower) |
| Equity Futures Trading | Rs 20 per order | Rs.20 per executed order or 0.05% (whichever is lower) |
| Equity Options Trading | Rs 20 per order | Flat Rs.20 per executed order |
| Currency Futures Trading | Rs 20 per order | Rs.20 per executed order or 0.05% (whichever is lower) |
| Currency Options Trading | Rs 20 per order | Flat Rs.20 per executed order |
| Minimum Brokerage | Rs.0.05 per Share | Rs.20 |
| Demat AMC Charges | Rs 0 (Free for 1st year) | Rs.249 |
| Trading AMC Charges | Free | Rs. 354 |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | IIFL Brokerage Calculator | Upstox Brokerage Calculator |
Upstox & IIFL Other Charges Comparison |
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| Other Charges | IIFL | Upstox |
| Transaction Charges | 0.00325% of Total Turnover | 0.00275% of Total Turnover |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (Rs. 5/Crore) |
| Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Upstox & IIFL Offers |
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| Offers | IIFL | Upstox |
| Free Demat Account | S | S |
| Free Trading Account | R | 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 |
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| Services | IIFL | Upstox |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | S |
| Robo Advisory | S | R |
| PMS | R | S |
| Trading Institution | S | S |
| Trading Exposure | Upto 5x | Upto 5x |
Compare Upstox & IIFL Research & Advisory |
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| 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 |
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| Exposure / Leverage | IIFL | Upstox |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | IIFL Margin Calculator | Upstox Margin Calculator |
IIFL vs Upstox Product Comparison |
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| Products | IIFL | Upstox |
| Equity Trading | R | R |
| Commodity Trading | R | S |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | S |
| Forex | R | S |
| Banking | S | S |
| SIP | R | S |
| Insurance | S | S |
IIFL vs Upstox Trading Platform Comparison |
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| 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 |
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| Customer Support | IIFL | Upstox |
| Dedicated Dealer | R | S |
| Offline Trading | S | S |
| Online Trading | R | R |
| 24*7 Support | R | S |
| Email Support | R | R |
| Chat Support | R | S |
| Toll Free Number | 1800 3000 1155 | S |
| Branches | 120 | Zero |
IIFL vs Upstox Customer Complaints |
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| 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 |
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