Fyers Vs Eureka
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.
Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Eureka - Broker Details
| Fyers | Eureka | |
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| Single Margin Facility |
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| Year of Incorporation | 2015 | 1992 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 270 |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.03% |
| Broker Type | Discount Broker | Full Service broker |
Fyers Vs Eureka - Account Opening & AMC Charges
| Fyers | Eureka | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year |
| Trading Account AMC | ₹0 (Free) | N/A |
Fyers Vs Eureka - Brokerage charges & Plans
| Fyers | Eureka | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹0 | 0.30% |
| Equity Options | ₹20/ Order | ₹20 per lot |
| Commodity Options | ₹20/ Order | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order | ₹20 per lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.03% |
Fyers Vs Eureka - Other Charges
| Fyers | Eureka | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Fyers Vs Eureka - Transaction Charges
| Fyers | Eureka | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | Exchange txn charge: 0.035% |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: 0.0019% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: 0.05% (on premium) |
| Commodity | NA | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹240/ Cr (0.0024%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Fyers Vs Eureka - Margin (Exposure)
| Fyers | Eureka | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Fyers Vs Eureka - Features
| Fyers | Eureka | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Fyers Vs Eureka - Review & Rating
| Fyers | Eureka | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Eureka - Request a call back from Broker
| Fyers | Eureka | |
|---|---|---|
Fyers Vs Eureka - Investment Options
| Fyers | Eureka | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Fyers Vs Eureka - Order Type
| Fyers | Eureka | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Fyers Vs Eureka - Research & Report
| Fyers | Eureka | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Fyers Vs Eureka - Daily Market Report
| Fyers | Eureka | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Eureka - Suitable For Investor
| Fyers | Eureka | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Eureka - Pros & Cons
| Fyers | Eureka | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Fyers Vs Eureka - Background
| Fyers | Eureka | |
|---|---|---|
Fyers Vs Eureka - Compare All Brokers
| Fyers | Eureka | |
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Fyers Vs Eureka - STT/CTT
| Fyers | Eureka | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Eureka - Demat transaction charges
| Fyers | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹5 per certificate. Min ₹75 per request |
Fyers Vs Eureka - GST
| Fyers | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Eureka - SEBI Charges
| Fyers | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Eureka - Account Opening & AMC Charges
Fyers
Eureka
Trading Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹0 (Free)
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
Fyers Vs Eureka
| Fyers | Eureka | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " Vs "+ Eureka |
Eureka Account Opening Charges, Process, and Required Documents Details |
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Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Eureka - Brokerage charges & Plans
| Fyers | Eureka | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹0 | 0.30% |
| Equity Options | ₹20/ Order | ₹20 per lot |
| Commodity Options | ₹20/ Order | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order | ₹20 per lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.03% |
| Call Back Open Account |
Fyers Vs Eureka - Margin (Exposure)
| Fyers | Eureka | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Fyers Vs Eureka - Other Charges
| Fyers | Eureka | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Fyers Vs Eureka - STT/CTT
| Fyers | Eureka | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Eureka - Demat transaction charges
| Fyers | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹5 per certificate. Min ₹75 per request |
Fyers Vs Eureka - GST
| Fyers | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Eureka - SEBI Charges
| Fyers | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Eureka - Features
| Fyers | Eureka | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |