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Comparision (Fyers VS IIFL Securities)

Fyers Vs IIFL Securities

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 Softwares, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Fyers Vs IIFL Securities - Broker Details

Fyers IIFL Securities
Single Margin Facility
Year of Incorporation 2015 1995
Exchanges BSE, NSE, MCX. NSE, BSE, MCX and NCDEX.
Branches Zero 2000+
Brokerage Rs.20 per executed order or 0.03%. 0.025%
Broker Type Discount Broker Full Service Broker
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Account Opening & AMC Charges

Fyers IIFL Securities
Trading Account Opening Charge Rs.0/- Rs.250
Demat Account Opening Charge Rs.400/- + GST Rs.250
Demat Account AMC Rs.300/- + GST/year Rs.0 (1st year Fees)
Trading Account AMC Rs.0/- Rs.0 for the 1st year
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Brokerage charges & Plans

Fyers IIFL Securities
Commodity Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Currency Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025% or Rs.20 per lot
Equity Delivery Rs.0/- 0.25%
Equity Options Rs.20 per executed order. Rs.25 per lot
Commodity Options Rs.20 per executed order. Gold Rs.125| Silver Rs.80| Crude Oil Rs.80
Equity Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Currency Options Rs.20 per executed order. Rs.8 per lot
Fixed Charges Rs.20 per executed order. 0.025%
Equity Intraday Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Other Charges

Fyers IIFL Securities
RMS Square Off Charge Rs.0 (free) Rs.100
API Charges All our APIs are available free of cost. All our APIs are available free of cost.
Call & Trade Charges Rs.0 (free) Rs.0 (free)
Other Brokerage Charges Rs.20/order or 0.03% 0.025%
Minimum Brokerage Rs.20/order. 0.025%
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Transaction Charges

Fyers IIFL Securities
Currency Options NSE: Exchange txn charge: 0.04% Clearing charge: 0.009% Rs.5100 per Cr (0.051%) (On premium)
Equity Futures NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005% Rs.210 per Cr (0.0021%)
Equity Intraday NSE: 0.00325% Rs.325 per Cr (0.00325%)
Equity Options NSE: Exchange txn charge: 0.05% Clearing charge: 0.009% Rs.5100 per Cr (0.051%) (On Premium)
Commodity MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018% Group A- ₹280 per Cr (0.0028%)
Currency Futures NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005% Rs.210 per Cr (0.0021%)
Equity Delivery NSE: 0.00325% Rs.325 per Cr (0.00325%)
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Margin (Exposure)

Fyers IIFL Securities
Equity Options 3x of SPAN+Exposure 3 times for shorting
Equity Intraday 3x of VAR+ELM leverage for F&O Stocks. Up to 20 times
Currency Options 3 Times 2 times for shorting
Commodity Options 3x of SPAN+Exposure Up to 3 times
Commodity Futures 3x of SPAN+Exposure Up to 3 times
Equity Delivery 1x (no margin) Up to 3 times (18% Annual Interest)
Currency Futures 3 Times Up to 2 times
Equity Futures 3x of VAR+ELM leverage for F&O Stocks. Up to 3 times
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Features

Fyers IIFL Securities
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 3:15 NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m,
Trading Platform 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Review & Rating

Fyers IIFL Securities
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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Fyers Vs IIFL Securities - Request a call back from Broker

Fyers IIFL Securities
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Fyers Vs IIFL Securities - Investment Options

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

Fyers IIFL Securities
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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Fyers Vs IIFL Securities - Research & Report

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

Fyers IIFL Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
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Fyers Vs IIFL Securities - Suitable For Investor

Fyers IIFL Securities
Casual Investor
Active Investor
Trader
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Fyers Vs IIFL Securities - Pros & Cons

Fyers IIFL Securities
Pros 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. 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD).
Cons 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 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds.
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Fyers Vs IIFL Securities - Background

Fyers IIFL Securities
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Fyers Vs IIFL Securities - Compare All Brokers

Fyers IIFL Securities
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Fyers Vs IIFL Securities - Account Opening & AMC Charges

Fyers
IIFL Securities
Trading Account Opening Charge
Rs.0/-
Rs.250
Demat Account Opening Charge
Rs.400/- + GST
Rs.250
Demat Account AMC
Rs.300/- + GST/year
Rs.0 (1st year Fees)
Trading Account AMC
Rs.0/-
Rs.0 for the 1st year
 
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Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities

Fyers IIFL Securities
 

FYERS NRI Account Opening

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 have his Indian residence pro ..
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IIFL Securities NRI Account Review

IIFL Securities is a part of IIFL Group and was incorporated in 1995. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial service provider in that provides a broad range of services. It is the highly recognised brand for the quality of advice, personalized serv ..
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Fyers Vs IIFL Securities - Brokerage charges & Plans

Fyers IIFL Securities
Commodity Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Currency Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025% or Rs.20 per lot
Equity Delivery Rs.0/- 0.25%
Equity Options Rs.20 per executed order. Rs.25 per lot
Commodity Options Rs.20 per executed order. Gold Rs.125| Silver Rs.80| Crude Oil Rs.80
Equity Futures Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Currency Options Rs.20 per executed order. Rs.8 per lot
Fixed Charges Rs.20 per executed order. 0.025%
Equity Intraday Rs.20 per executed order or 0.03% (whichever is lower) 0.025%
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Margin (Exposure)

Fyers IIFL Securities
Equity Options 3x of SPAN+Exposure 3 times for shorting
Equity Intraday 3x of VAR+ELM leverage for F&O Stocks. Up to 20 times
Currency Options 3 Times 2 times for shorting
Commodity Options 3x of SPAN+Exposure Up to 3 times
Commodity Futures 3x of SPAN+Exposure Up to 3 times
Equity Delivery 1x (no margin) Up to 3 times (18% Annual Interest)
Currency Futures 3 Times Up to 2 times
Equity Futures 3x of VAR+ELM leverage for F&O Stocks. Up to 3 times
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Other Charges

Fyers IIFL Securities
RMS Square Off Charge Rs.0 (free) Rs.100
API Charges All our APIs are available free of cost. All our APIs are available free of cost.
Call & Trade Charges Rs.0 (free) Rs.0 (free)
Other Brokerage Charges Rs.20/order or 0.03% 0.025%
Minimum Brokerage Rs.20/order. 0.025%
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers Vs IIFL Securities - Features

Fyers IIFL Securities
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 3:15 NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m,
Trading Platform 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Fyers   Open Account Enquiry with IIFL Securities   Open Account

Fyers

IIFL Securities