Broker comparison

Futu vs.
Upstox

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Futu has a higher rating of 4.3/5 compared to Upstox (3.9/5). Upstox has been in the market since 2009, making it the more experienced provider.

Tech-driven broker with access to US, HK and Asian markets

Indian discount broker with Ratan Tata investment and modern app

At a glance

The key differences

Criterion
PlatformsMoomoo App, Moomoo DesktopUpstox Pro App, Upstox Pro Web
Product typesUS Stocks, HK Stocks, China A-Shares, Singapore Stocks, Options, ETFsIndian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs
Options tradingYes, US options availableYes, F&O on NSE/BSE
Fee modelUS stocks from $0.0049 per share, HK stocks from 0.03% commission₹0 for delivery, ₹20 per intraday/F&O order
Minimum deposit0 $0 ₹
RegulationSFC/SECSEBI
More informationDetailsDetails

Platforms

Futu

Moomoo App, Moomoo Desktop

Upstox

Upstox Pro App, Upstox Pro Web

Product types

Futu

US Stocks, HK Stocks, China A-Shares, Singapore Stocks, Options, ETFs

Upstox

Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs

Options trading

Futu

Yes, US options available

Upstox

Yes, F&O on NSE/BSE

Fee model

Futu

US stocks from $0.0049 per share, HK stocks from 0.03% commission

Upstox

₹0 for delivery, ₹20 per intraday/F&O order

Minimum deposit

Futu

0 $

Upstox

0 ₹

Regulation

Futu

SFC/SEC

Upstox

SEBI

More information

Upstox

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

US stocks from $0.0049 per share, HK stocks from 0.03% commission

Published fee
US stocks from $0.0049 per share, HK stocks from 0.03% commission
Minimum deposit
0 $
See terms at provider

₹0 for delivery, ₹20 per intraday/F&O order

Published fee
₹0 for delivery, ₹20 per intraday/F&O order
Minimum deposit
0 ₹
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

US StocksHK StocksChina A-SharesSingapore StocksOptionsETFs
Indian StocksF&OCommoditiesCurrencyMutual FundsIPOs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Moomoo App · Moomoo Desktop

Moomoo is available as a desktop application and mobile app, offering one of the most feature-rich trading platforms in retail brokerage. The platform includes advanced charts with over 100 technical indicators, free Level 2 market data, stock screeners, corporate financial analysis, and a community feature for social exchange between traders.

Explore platform

Upstox Pro App · Upstox Pro Web

Upstox Pro is the flagship trading platform, available as web app and mobile app for iOS and Android. It offers TradingView-based charts with over 100 technical indicators, various order types, real-time market data, and a customizable dashboard. The platform supports watchlists, alerts, and clear portfolio management. API access is available for algorithmic trading.

Explore platform

Regulation & security

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Tech-driven broker with access to US, HK and Asian markets

  • Moomoo platform with professional analysis tools
  • SFC and SEC-regulated for Hong Kong and US
  • Access to US, HK, China and SG markets
  • Not available in all EU countries
  • Platform can be complex for beginners

Indian discount broker with Ratan Tata investment and modern app

  • Free delivery trading on NSE and BSE
  • Modern Upstox Pro platform with TradingView charts
  • Notable investors (Ratan Tata, Tiger Global)
  • Only Indian markets accessible
  • Occasional server outages during high volume

Find the broker that fits

Futu oder Upstox?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Futu and Upstox?
Futu: US stocks from $0.0049 per share, HK stocks from 0.03% commission. Upstox: ₹0 for delivery, ₹20 per intraday/F&O order. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Futu or Upstox?
Futu offers US Stocks, HK Stocks, China A-Shares, Singapore Stocks, Options, ETFs. Upstox offers Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs.
How are Futu and Upstox regulated?
The broker profiles list SFC/SEC for Futu and SEBI for Upstox. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Futu or Upstox better for beginners?
Futu lists a 0 $ minimum deposit and offers Moomoo App, Moomoo Desktop. Upstox lists 0 ₹ and offers Upstox Pro App, Upstox Pro Web. Compare usability, available products and costs for your intended use.
Futu vs Upstox: Which broker is better overall?
The choice between Futu (4.3/5, 1300 reviews) and Upstox (3.9/5, 1600 reviews) depends on your needs. Futu: Tech-driven broker with access to US, HK and Asian markets. Upstox: Indian discount broker with Ratan Tata investment and modern app.

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