Luminor Invest vs Upstox 2026: Which Broker is Better?
Compare Luminor Invest and Upstox side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Luminor Invest
Upstox
| Luminor Invest | Upstox | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.2/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | Finantsinspektsioon, FKTK, Lietuvos bankas ✓ | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Luminor Invest is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Luminor Invest offers lower spreads (0 pips).
See full side-by-side comparison belowLuminor Invest vs Upstox: Key Differences
Luminor Invest
Upstox
Still deciding between Luminor Invest and Upstox?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Luminor Invest
Upstox
Lower feesBrokerRank Verdict
Luminor Invest scores 3.41/5 while Upstox scores 3.22/5 in our independent rating.
Luminor Invest edges ahead overall, but Upstox may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Luminor Invest
3.4/5
Choose Luminor Invest if you want…
- Higher overall rating (3.4/5)
- More regulatory licences (3)
- More market types (4)
Upstox
3.2/5
Choose Upstox if you want…
- More established (est. 2009)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is Luminor Invest better than Upstox?
Luminor Invest scores higher overall on our independent rating system. Luminor Invest holds a 3.4/5 rating vs Upstox's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Luminor Invest or Upstox?
Luminor Invest offers spreads from 0 pips, while Upstox starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Luminor Invest vs Upstox?
Luminor Invest requires a minimum deposit of $0. Upstox requires $0.
4Which broker is safer, Luminor Invest or Upstox?
Luminor Invest is regulated by Finantsinspektsioon, FKTK, Lietuvos bankas, while Upstox holds licences from SEBI.
5What trading platforms do Luminor Invest and Upstox support?
Luminor Invest supports Proprietary Web, Proprietary Mobile. Upstox supports Proprietary Web, Proprietary Mobile.
6Can I use both Luminor Invest and Upstox?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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