Fyers Vs Zerodha
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.
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Zerodha - Broker Details
| Fyers | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 120+ |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹20/ Order or 0.03% |
| Broker Type | Discount Broker | Discount Broker |
Fyers Vs Zerodha - Account Opening & AMC Charges
| Fyers | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹0 (Free) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Fyers Vs Zerodha - Brokerage charges & Plans
| Fyers | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | Zero Brokerage |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.03% (whichever is lower) |
Fyers Vs Zerodha - Other Charges
| Fyers | Zerodha | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Zerodha - Transaction Charges
| Fyers | Zerodha | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: 0.002% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: 0.053% (on premium) |
| Commodity | NA | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | ₹240/ Cr (0.0024%) | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
Fyers Vs Zerodha - Margin (Exposure)
| Fyers | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Fyers Vs Zerodha - Features
| Fyers | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Fyers Vs Zerodha - Review & Rating
| Fyers | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Fyers Vs Zerodha - Request a call back from Broker
| Fyers | Zerodha | |
|---|---|---|
Fyers Vs Zerodha - Investment Options
| Fyers | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Fyers | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Fyers | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Fyers | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Zerodha - Suitable For Investor
| Fyers | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Zerodha - Pros & Cons
| Fyers | Zerodha | |
|---|---|---|
| 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.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
Fyers Vs Zerodha - Background
| Fyers | Zerodha | |
|---|---|---|
Fyers Vs Zerodha - Compare All Brokers
| Fyers | Zerodha | |
|---|---|---|
Fyers Vs Zerodha - STT/CTT
| Fyers | Zerodha | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Zerodha - Demat transaction charges
| Fyers | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹13.5 + Gst per scrip (stock) |
Fyers Vs Zerodha - GST
| Fyers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Fyers Vs Zerodha - SEBI Charges
| Fyers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Fyers Vs Zerodha - Account Opening & AMC Charges
Fyers
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹0 (Free)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers Vs Zerodha
| Fyers | Zerodha | |
|---|---|---|
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 "+ Zerodha |
Zerodha Review 2024 |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Zerodha - Brokerage charges & Plans
| Fyers | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | Zero Brokerage |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs Zerodha - Margin (Exposure)
| Fyers | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Fyers Vs Zerodha - Other Charges
| Fyers | Zerodha | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | (₹50 + GST) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Zerodha - STT/CTT
| Fyers | Zerodha | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Zerodha - Demat transaction charges
| Fyers | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹13.5 + Gst per scrip (stock) |
Fyers Vs Zerodha - GST
| Fyers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Fyers Vs Zerodha - SEBI Charges
| Fyers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Fyers Vs Zerodha - Features
| Fyers | Zerodha | |
|---|---|---|
| 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 | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |