Zerodha Vs Fyers
Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account
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.
Zerodha Vs Fyers - Broker Details
Zerodha | Fyers | |
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Single Margin Facility |
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Year of Incorporation | 2010 | 2015 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX. |
Branches | 70 | Zero |
Brokerage | 20 Rs/Order | Rs.20 per executed order or 0.03%. |
Broker Type | Discount Broker | Discount Broker |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Account Opening & AMC Charges
Zerodha | Fyers | |
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Trading Account Opening Charge | Rs. 300 in all segment | Rs.0/- |
Demat Account Opening Charge | Rs. 300 in all segment | Rs.400/- + GST |
Demat Account AMC | Rs. 300 + 18% GST | Rs.300/- + GST/year |
Trading Account AMC | Rs.0 (Free) | Rs.0/- |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Brokerage charges & Plans
Zerodha | Fyers | |
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Commodity Futures | 0.03% or Rs.20/executed whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Equity Delivery | Zero brokerage | Rs.0/- |
Equity Options | Flat Rs. 20/ Executed order | Rs.20 per executed order. |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Rs.20 per executed order. |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Rs.20 per executed order. |
Fixed Charges | Rs. 20/Order | Rs.20 per executed order. |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Other Charges
Zerodha | Fyers | |
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RMS Square Off Charge | Rs.50/Order | Rs.0 (free) |
API Charges | Rs. 2000/Month | All our APIs are available free of cost. |
Call & Trade Charges | Rs. 50 per order | Rs.0 (free) |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | Rs.20/order or 0.03% |
Minimum Brokerage | Rs.20/Order | Rs.20/order. |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Transaction Charges
Zerodha | Fyers | |
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Currency Options | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% | NSE: Exchange txn charge: 0.04% Clearing charge: 0.009% |
Equity Futures | NSE: Exchange txn charge: 0.002% | NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005% |
Equity Intraday | NSE: 0.00345% BSE; 0.003% | NSE: 0.00325% |
Equity Options | NSE: Exchange txn charge: 0.053% (on premium) | NSE: Exchange txn charge: 0.05% Clearing charge: 0.009% |
Commodity | Group A Exchange txn charges: 0.0026% *Far-month contracts: 0.0013% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0005% PEPPER – 0.00005% REDPMOLEIN – 0.001% | MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018% |
Currency Futures | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022% | NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005% |
Equity Delivery | NSE: 0.00345% BSE; 0.003% | NSE: 0.00325% |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Margin (Exposure)
Zerodha | Fyers | |
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Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3x of SPAN+Exposure |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | 3x of VAR+ELM leverage for F&O Stocks. |
Currency Options | Upto 2.5 times | 3 Times |
Commodity Options | Upto 2.5 times | 3x of SPAN+Exposure |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | 3x of SPAN+Exposure |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | 3 Times |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3x of VAR+ELM leverage for F&O Stocks. |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Features
Zerodha | Fyers | |
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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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Review & Rating
Zerodha | Fyers | |
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Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Zerodha is rated 3.7 of 5 | Fyers is rated 3.8 of 5 |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Request a call back from Broker
Zerodha | Fyers | |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Investment Options
Zerodha | Fyers | |
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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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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Order Type
Zerodha | Fyers | |
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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 |
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After Market Order(AMO) |
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STBT |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Research & Report
Zerodha | Fyers | |
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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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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Daily Market Report
Zerodha | Fyers | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Suitable For Investor
Zerodha | Fyers | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Pros & Cons
Zerodha | Fyers | |
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Pros | 1. It charges zero brokerage for Delivery. 2. It provides same pricing structure for across all the exchanges. 3. It charges no upfront fee or turnover commitment. 4. It provides Z-Connect, Interactive blog, and portal for all the other queries. 5. It requires no minimum balance to open a trading account with Zerodha. 6. It provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the 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 does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment | 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 |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Background
Zerodha | Fyers | |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Compare All Brokers
Zerodha | Fyers | |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Account Opening & AMC Charges
Zerodha Vs Fyers
Zerodha | Fyers | |
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Zerodha NRI Account Opening and ReviewZerodha is the biggest stock broker in India in terms of the highest active clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their .. + " Vs "+ Fyers |
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 .. |
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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.
Zerodha Vs Fyers - Brokerage charges & Plans
Zerodha | Fyers | |
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Commodity Futures | 0.03% or Rs.20/executed whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Equity Delivery | Zero brokerage | Rs.0/- |
Equity Options | Flat Rs. 20/ Executed order | Rs.20 per executed order. |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Rs.20 per executed order. |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Rs.20 per executed order. |
Fixed Charges | Rs. 20/Order | Rs.20 per executed order. |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | Rs.20 per executed order or 0.03% (whichever is lower) |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Margin (Exposure)
Zerodha | Fyers | |
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Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3x of SPAN+Exposure |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | 3x of VAR+ELM leverage for F&O Stocks. |
Currency Options | Upto 2.5 times | 3 Times |
Commodity Options | Upto 2.5 times | 3x of SPAN+Exposure |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | 3x of SPAN+Exposure |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | 1x (no margin) | 1x (no margin) |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | 3 Times |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3x of VAR+ELM leverage for F&O Stocks. |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Other Charges
Zerodha | Fyers | |
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RMS Square Off Charge | Rs.50/Order | Rs.0 (free) |
API Charges | Rs. 2000/Month | All our APIs are available free of cost. |
Call & Trade Charges | Rs. 50 per order | Rs.0 (free) |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | Rs.20/order or 0.03% |
Minimum Brokerage | Rs.20/Order | Rs.20/order. |
Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |
Zerodha Vs Fyers - Features
Zerodha | Fyers | |
---|---|---|
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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform). |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Zerodha Open Account | Enquiry with Fyers Open Account |