IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Flattrade VS Fyers)

Flattrade Vs Fyers

Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Flattrade Vs Fyers - Broker Details

Flattrade Fyers
Single Margin Facility
Year of Incorporation 2004 2015
Exchanges BSE, NSE and MCX BSE, NSE, MCX.
Branches 5 Zero
Brokerage Rs.20 per executed order Rs.20 per executed order or 0.03%.
Broker Type Discount Broker Discount Broker
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Flattrade Vs Fyers - Account Opening & AMC Charges

Flattrade Fyers
Trading Account Opening Charge Rs.0 (Free) Rs.0/-
Demat Account Opening Charge Rs.0 (Free) Rs.400/- + GST
Demat Account AMC Rs.0 (Free) Rs.300/- + GST/year
Trading Account AMC Rs.0 (Free) Rs.0/-
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Flattrade Vs Fyers - Brokerage charges & Plans

Flattrade Fyers
Commodity Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Currency Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Equity Delivery Nil Rs.0/-
Equity Options ₹10 per executed order Rs.20 per executed order.
Commodity Options ₹10 per executed order Rs.20 per executed order.
Equity Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Currency Options ₹10 per executed order Rs.20 per executed order.
Fixed Charges ₹10 per executed order Rs.20 per executed order.
Equity Intraday ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
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Flattrade Vs Fyers - Other Charges

Flattrade Fyers
RMS Square Off Charge - Rs.0 (free)
API Charges Does not provide API All our APIs are available free of cost.
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.0 (free)
Other Brokerage Charges Rs.20 per executed order Rs.20/order or 0.03%
Minimum Brokerage Rs.20 per executed order Rs.20/order.
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Flattrade Vs Fyers - Transaction Charges

Flattrade Fyers
Currency Options NSE: 0.035% BSE: 0.001% NSE: Exchange txn charge: 0.04% Clearing charge: 0.009%
Equity Futures 0.0020% NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005%
Equity Intraday NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) NSE: 0.00325%
Equity Options 0.053% (On prem) NSE: Exchange txn charge: 0.05% Clearing charge: 0.009%
Commodity 0.0026%; 0.0013% (FAR MONTH CONTRACT) MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018%
Currency Futures NSE: 0.0009% BSE: 0.00022% NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005%
Equity Delivery 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) NSE: 0.00325%
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Flattrade Vs Fyers - Margin (Exposure)

Flattrade Fyers
Equity Options 3x of SPAN+Exposure
Equity Intraday Up to 20X 3x of VAR+ELM leverage for F&O Stocks.
Currency Options 3 Times
Commodity Options 3x of SPAN+Exposure
Commodity Futures Up to 4 times 3x of SPAN+Exposure
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 3 Times
Equity Futures Up to 4 times 3x of VAR+ELM leverage for F&O Stocks.
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Flattrade Vs Fyers - Features

Flattrade Fyers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM 3:15
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
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Flattrade Vs Fyers - Review & Rating

Flattrade Fyers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Fyers is rated 3.8 of 5
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Flattrade Vs Fyers - Request a call back from Broker

Flattrade Fyers
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Flattrade Vs Fyers - Investment Options

Flattrade Fyers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Flattrade Vs Fyers - Order Type

Flattrade Fyers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Flattrade Vs Fyers - Research & Report

Flattrade Fyers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Flattrade Vs Fyers - Daily Market Report

Flattrade Fyers
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Flattrade Vs Fyers - Suitable For Investor

Flattrade Fyers
Casual Investor
Active Investor
Trader
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Flattrade Vs Fyers - Pros & Cons

Flattrade Fyers
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. i. Free equity delivery trading is offered by FYERS which means they don’t charge any brokerage for cash and carry trades. ii. The brokerage rate charged by FYERS is ultra-low. Flat ₹20 per trade brokerage is charged across all the trading segments without considering the size of the trade. iii. Quick implementation of new features and services through in-house build trading platform. iv. Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. v. Investment opportunities in group of stocks through Thematic Investing. vi. Transparency in fee charging i.e. there are no hidden charges. vii. Availability of trading software’s that too completely free.
Cons 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. i. Higher exchange transaction charges in comparison to other discount brokers. ii. Lack of professional team for market analysis. iii. Depository Services are not provided. iv. FYERS does not provide commodity trading services
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Flattrade Vs Fyers - Background

Flattrade Fyers
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Flattrade Vs Fyers - Compare All Brokers

Flattrade Fyers
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Flattrade Vs Fyers - Account Opening & AMC Charges

Flattrade
Fyers
Trading Account Opening Charge
Rs.0 (Free)
Rs.0/-
Demat Account Opening Charge
Rs.0 (Free)
Rs.400/- + GST
Demat Account AMC
Rs.0 (Free)
Rs.300/- + GST/year
Trading Account AMC
Rs.0 (Free)
Rs.0/-

Flattrade Vs Fyers

Flattrade Fyers
 

Flattrade Trading NRI Account Review

Flattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account.

+ " Vs "+ Fyers

FYERS NRI Account Opening, Charges, Services Review

FYERS currently do not offer the facility of opening a NRI trading and demat account. Only the Indian residents can get their demat and trading accounts open with FYERS. If an NRI wishes to open account with FYERS then he is required to hav ..
 
 

Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Flattrade Vs Fyers - Brokerage charges & Plans

Flattrade Fyers
Commodity Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Currency Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Equity Delivery Nil Rs.0/-
Equity Options ₹10 per executed order Rs.20 per executed order.
Commodity Options ₹10 per executed order Rs.20 per executed order.
Equity Futures ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Currency Options ₹10 per executed order Rs.20 per executed order.
Fixed Charges ₹10 per executed order Rs.20 per executed order.
Equity Intraday ₹10 per executed order Rs.20 per executed order or 0.03% (whichever is lower)
Enquiry with Flattrade   Open Account Enquiry with Fyers   Open Account

Flattrade Vs Fyers - Margin (Exposure)

Flattrade Fyers
Equity Options 3x of SPAN+Exposure
Equity Intraday Up to 20X 3x of VAR+ELM leverage for F&O Stocks.
Currency Options 3 Times
Commodity Options 3x of SPAN+Exposure
Commodity Futures Up to 4 times 3x of SPAN+Exposure
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 3 Times
Equity Futures Up to 4 times 3x of VAR+ELM leverage for F&O Stocks.
Enquiry with Flattrade   Open Account Enquiry with Fyers   Open Account

Flattrade Vs Fyers - Other Charges

Flattrade Fyers
RMS Square Off Charge - Rs.0 (free)
API Charges Does not provide API All our APIs are available free of cost.
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.0 (free)
Other Brokerage Charges Rs.20 per executed order Rs.20/order or 0.03%
Minimum Brokerage Rs.20 per executed order Rs.20/order.
Enquiry with Flattrade   Open Account Enquiry with Fyers   Open Account

Flattrade Vs Fyers - Features

Flattrade Fyers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM 3:15
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Flattrade   Open Account Enquiry with Fyers   Open Account