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Comparision (Zerodha VS Fyers)

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
Single Margin Facility
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
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Zerodha Vs Fyers - Account Opening & AMC Charges

Zerodha Fyers
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/-
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Zerodha Vs Fyers - Brokerage charges & Plans

Zerodha Fyers
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)
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Zerodha Vs Fyers - Other Charges

Zerodha Fyers
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.
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Zerodha Vs Fyers - Transaction Charges

Zerodha Fyers
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%
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Zerodha Vs Fyers - Margin (Exposure)

Zerodha Fyers
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.
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Zerodha Vs Fyers - Features

Zerodha Fyers
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 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
Direct Mutual Fund
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Zerodha Vs Fyers - Review & Rating

Zerodha Fyers
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
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Zerodha Vs Fyers - Request a call back from Broker

Zerodha Fyers
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Zerodha Vs Fyers - Investment Options

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

Zerodha Fyers
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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Zerodha Vs Fyers - Research & Report

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

Zerodha Fyers
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Zerodha Vs Fyers - Suitable For Investor

Zerodha Fyers
Casual Investor
Active Investor
Trader
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Zerodha Vs Fyers - Pros & Cons

Zerodha Fyers
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
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Zerodha Vs Fyers - Background

Zerodha Fyers
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Zerodha Vs Fyers - Compare All Brokers

Zerodha Fyers
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Zerodha Vs Fyers - Account Opening & AMC Charges

Zerodha
Fyers
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/-
 
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Zerodha Vs Fyers

Zerodha Fyers
 

Zerodha NRI Account Opening and Review

Zerodha 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
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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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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
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)
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Zerodha Vs Fyers - Margin (Exposure)

Zerodha Fyers
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.
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Zerodha Vs Fyers - Other Charges

Zerodha Fyers
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
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
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
Direct Mutual Fund
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Zerodha

Fyers