The brokerage of Upstox ranges between Rs 20, the brokerage of Fyers ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, Fyers is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of Upstox vs Fyers vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Upstox vs Fyers vs Paytm Money 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 Upstox vs Fyers vs Paytm Money in this setion with 360 degree view of broker information.
Fyers
Paytm Money
In this section we have compared Upstox vs Fyers Securities vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Fyers Securities and Paytm Money offer Free account opening, where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox charges Rs 300 Per annum (Free for 1st year) as AMC for Demat account, Fyers Securities charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Segment | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Promotion offer: Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 Per annum (Free for 1st year) | Free | Free |
| Provide DP Service | Yes | Yes | Yes |
Plans are the most important feature you look for when comparing Upstox vs Fyers Securities vs Paytm Money. This section compares on high level, the type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans. Brokers offer only a single plan. Monthlay Plans - All 3 brokers don't have Monthly Plans.
| Plan Types | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Multiple Plans | No | No | No |
| Monthly Plans | No | No | No |
| Yearly Plans | No | No | No |
| Β | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account |
Compare Upstox vs Fyers vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for upstox | Complete Brokerage Plans for fyers | Complete Brokerage Plans for paytm-money |
Compare Upstox vs Fyers vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers a 3-in-1 Account, where Fyers Securities and Paytm Money offer only a 2-in-1 account, which includes trading and demat accounts. Margin Funding - Upstox offers margin funding, whereas Fyers Securities and Paytm Money don't offer margin funding. NRI Trading - Fyers Securities offers NRI Trading, whereas Upstox and Paytm Money don't offer NRI Trading.
| Account Features Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| 3 in 1 Account | Yes | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | No |
| SMS Alerts | Yes | No | No |
| Online Demo | Yes | Yes | No |
| Online Portfolio | Yes | No | Yes |
| Margin Trading Funding Available | Yes | No | No |
| Combined Ledger for Equity and Commodity | Yes | Yes | No |
| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:10 PM |
| NRI Trading | No | Yes | No |
| Other Features | NIL | Fyers 30 Day Challenge | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs Fyers vs Paytm Money. 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 | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | https://pro.upstox.com/ | Fyers Web | Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Upstox | Fyers Mobile App | Paytm Money App |
| Mobile Trading App Demo | Upstox | Fyers Mobile App | Paytm Money App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | |||
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | |||
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Upstox | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Option Brokerage Calculator for Upstox | Option Brokerage Calculator for Fyers | Option Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for Upstox | Detail on Trading Platforms for Fyers | Detail on Trading Platforms for Paytm Money |
| Β | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Β | 15 Customer reviewsΒ Β Β Rate | 11 Customer reviewsΒ Β Β Rate | 20 Customer reviewsΒ Β Β Rate |
| Fees Ratings | |||
| Trading Brokerage Rating | |||
| Trading Platform Usability | |||
| Customer Service Ratings | |||
| Overall Rating | |||
| Broker Rating | Upstox is Rated 3.3 / 5 based on 15 customer reviews | Fyers is Rated 3.2 / 5 based on 11 customer reviews | Paytm Money is Rated 0.95 / 5 based on 20 customer reviews |
Compare Upstox vs Fyers vs Paytm Money 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 - Upstox and Fyers Securities offer Commodity Trading, whereas Paytm Money doesn't offer Commodity Trading. Online Mutual Fund Investment - All 3 brokers offer online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers don't offer PMS facility.
| Investment Offerings Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | No |
| Commodity | Yes | Yes | No |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | No | No | No |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | No | No | Yes |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | No | Yes |
| PMS Service | No | No | No |
| Other Investment Options | NPS | NIL |
| MTF Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| MTF Leverage | Upto 4x leverage | Up to 4x leverage on 1600+ stocks | Up to 4X buying power on 1200+ stocks |
| MTF Interest Rate | ₹20/day for every ₹40,000 - ₹50,000 (Varies by plan) | 12.49% - 16.49% per annum (Slab-based MTF Interest rates) | 7.99% - 9.99% per annum |
| MTF Segment | Equity Delivery (NSE and BSE) | Equity Delivery | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN | ₹12 per stock | ₹20 per ISIN |
| MTF Unpledged Charges | ₹20 per ISIN | ₹12 per stock | ₹20 per ISIN |
| Maximum MTF Funding | Maximum MTF Positions upto ₹5 crore with ₹3.75 crore MTF Funding | Upto ₹50 Lakh per account | Up to ₹5 crore |
| API Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| API Type |
| Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
|
| API Charges | Free | Free | Free |
Compare Upstox vs Fyers vs Paytm Money on customer service offered by the broker. This section compares the type of service offered by each broker for quick resolution of queries/issues you may have.
| Customer Service Compare | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | No | No |
| Phone Support | Yes | Yes | No |
| Toll Free Number | No | No | No |
| Through Branches | Yes | No | No |
| Customer Care Number | +91 22 6130 9999 | 08060001111 | NA |
| Account Opening Process | Online/Paperless | 100% online and paperless proc | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://upstox.com/help-center/ | https://fyers.in/school-of-stocks/ | https://www.paytmmoney.com/care |
| Head Office Address | Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://upstox.com/ | https://fyers.in/ | https://www.paytmmoney.com/ |
Compare Upstox vs Fyers vs Paytm Money on research reports and tips provided by broker.
| Β | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| Research Mutual Funds | No | No | No |
| Research Equity Reports | No | No | No |
| Research ETF | No | No | No |
| Daily Market Report | No | No | No |
| Free Tips | No | No | No |
| Quarterly Result Analysis | No | No | No |
| News Alerts | No | Yes | No |
Compare Upstox vs Fyers vs Paytm Money on Demat Service and Charges. This section covers demat charges, demat service, and other details.
| Β | Upstox | Fyers | Paytm Money |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 81800 | 89400 | 88800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 PA | Free | Zero |
| Advance Deposit | NIL | Nil | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹13 + ₹5.50 CDSL charges | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹10 per ISIN |
| Demat | ₹20 + ₹50 courier charges | ₹0 | ₹250 per 100 shares |
| Remat | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹0 | ₹250 per 100 shares |
| Pledge Creation | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil | ₹32 per ISIN |
| Pledge Creation Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil | Nil |
| Pledge Closure | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil | ₹32 per ISIN |
| Pledge Closure Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil | Nil |
| Pledge Invocation | 0.05% of the transaction value (Min ₹50) | Nil | ₹32 per ISIN |
| Failed Instruction Charges | ₹50 | Nil | Nil |
| Other Charges | Nil | Stamp Charges ₹50, | Nil |
Compare Upstox vs Fyers vs Paytm Money on general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Β | Upstox | Fyers | Paytm Money |
|---|---|---|---|
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| Special Offers/Promo | π΅ Current Offer from Upstox for InvestorGain Visitors:
| π· Current Promotion Offer from Fyers for InvestorGain Visitors:
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| Open Upstox Account Now | Open Fyers Account Now |
Last Updated on Wed, May 20, 2026