Futu

4.3(1300)

SFC/SEC

Upstox

3.9(1600)

SEBI

Futu vs Upstox

Head-to-Head Comparison 2026

Our Verdict

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.

Comparison Table

Criteria	Futu	Upstox
Rating	4.3/5 (1300 reviews)✓	3.9/5 (1600 reviews)
Regulation	SFC/SEC	SEBI
Fees	US stocks from $0.0049 per share, HK stocks from 0.03% commission	₹0 for delivery, ₹20 per intraday/F&O order
Min. Deposit	0 $	0 ₹
Instruments	US Stocks, HK Stocks, China A-Shares, Singapore Stocks, Options, ETFs	Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs
Platforms	Moomoo App, Moomoo Desktop	Upstox Pro App, Upstox Pro Web
Options Trading	Yes, US options available	Yes, F&O on NSE/BSE
Founded	2012	2009
Headquarters	Hong Kong	Mumbai

Detailed Comparison

Fee Comparison

Futu: US stocks from $0.0049 per share, HK stocks from 0.03% commission. Minimum deposit: 0 $.

Upstox: ₹0 for delivery, ₹20 per intraday/F&O order. Minimum deposit: 0 ₹.

Product Range

Futu (6 categories)

US StocksHK StocksChina A-SharesSingapore StocksOptionsETFs

Upstox (6 categories)

Indian StocksF&OCommoditiesCurrencyMutual FundsIPOs

Trading Platforms

Futu

Moomoo App
Moomoo Desktop

Upstox

Upstox Pro App
Upstox Pro Web

Regulation & Security

Futu is regulated by SFC/SEC (HQ: Hong Kong).

Upstox is regulated by SEBI (HQ: Mumbai).

Who Is It For?

Futu

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

Upstox

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

Frequently Asked Questions

Is Futu or Upstox cheaper?

Futu charges US stocks from $0.0049 per share, HK stocks from 0.03% commission. Upstox charges ₹0 for delivery, ₹20 per intraday/F&O order. The minimum deposit is 0 $ at Futu and 0 ₹ at Upstox.

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.

Which broker is better regulated?

Futu is regulated by SFC/SEC. Upstox is regulated by SEBI.

Is Futu or Upstox better for beginners?

Futu has a minimum deposit of 0 $ and offers Moomoo App, Moomoo Desktop as platforms. Upstox has a minimum deposit of 0 ₹ and offers Upstox Pro App, Upstox Pro Web. Futu has the lower entry barrier.

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.

Futu

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

Open Account →

From 0 $ min. deposit

Upstox

Indian discount broker with Ratan Tata investment and modern app

Open Account →

From 0 ₹ min. deposit

Futu read review →Upstox read review →