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 | |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Request a call back from Broker
Fyers | IIFL Securities | |
---|---|---|
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Investment Options
Fyers | IIFL Securities | |
---|---|---|
Currency |
![]() |
![]() |
IPO |
![]() |
![]() |
Commodity |
![]() |
![]() |
Debt |
![]() |
![]() |
Other Options |
![]() |
![]() |
Stock Cash / Equity |
![]() |
![]() |
Mutual Funds |
![]() |
![]() |
Bond / NCD |
![]() |
![]() |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
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 |
![]() |
![]() |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Research & Report
Fyers | IIFL Securities | |
---|---|---|
Free Tips |
![]() |
![]() |
Quarterly Result Analysis |
![]() |
![]() |
Daily Market Report |
![]() |
![]() |
News Alerts |
![]() |
![]() |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Daily Market Report
Fyers | IIFL Securities | |
---|---|---|
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Suitable For Investor
Fyers | IIFL Securities | |
---|---|---|
Casual Investor |
![]() |
![]() |
Active Investor |
![]() |
![]() |
Trader |
![]() |
![]() |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
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. |
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Background
Fyers | IIFL Securities | |
---|---|---|
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Compare All Brokers
Fyers | IIFL Securities | |
---|---|---|
Enquiry with Fyers Open Account | Enquiry with IIFL Securities Open Account |
Fyers Vs IIFL Securities - Account Opening & AMC Charges
Fyers Vs IIFL Securities
Fyers | IIFL Securities | |
---|---|---|
FYERS NRI Account OpeningFYERS 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 .. + " Vs "+ IIFL Securities |
IIFL Securities NRI Account ReviewIIFL 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 .. |
|
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 |