INDmoney Vs Fyers
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
INDmoney Vs Fyers - Broker Details
| INDmoney | Fyers | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2019 | 2015 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX. |
| Branches | 966 | Zero |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Fyers - Account Opening & AMC Charges
| INDmoney | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Fyers - Brokerage charges & Plans
| INDmoney | Fyers | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower)r |
INDmoney Vs Fyers - Other Charges
| INDmoney | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | (₹50 + GST) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Fyers - Transaction Charges
| INDmoney | Fyers | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | NSE: 0.00195% on total turnover value | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | ₹325/ Cr (0.00325%) |
| Equity Options | NSE: 0.053% on premium value | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | NA |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | ₹325/ Cr (0.00325%) |
INDmoney Vs Fyers - Margin (Exposure)
| INDmoney | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Fyers - Features
| INDmoney | 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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 |
|
|
INDmoney Vs Fyers - Review & Rating
| INDmoney | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Fyers - Request a call back from Broker
| INDmoney | Fyers | |
|---|---|---|
INDmoney Vs Fyers - Investment Options
| INDmoney | Fyers | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
INDmoney Vs Fyers - Order Type
| INDmoney | Fyers | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
INDmoney Vs Fyers - Research & Report
| INDmoney | Fyers | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
INDmoney Vs Fyers - Daily Market Report
| INDmoney | Fyers | |
|---|---|---|
| Daily Market Reports & News |
|
|
INDmoney Vs Fyers - Suitable For Investor
| INDmoney | Fyers | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
INDmoney Vs Fyers - Pros & Cons
| INDmoney | Fyers | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs Fyers - Background
| INDmoney | Fyers | |
|---|---|---|
INDmoney Vs Fyers - Compare All Brokers
| INDmoney | Fyers | |
|---|---|---|
INDmoney Vs Fyers - STT/CTT
| INDmoney | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on sell value |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.10% |
| Equity Futures | 0.01% only on sell | 0.01% on sell value |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell value |
INDmoney Vs Fyers - Demat transaction charges
| INDmoney | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹7 + ₹5.5 (CDSL Charges) |
INDmoney Vs Fyers - GST
| INDmoney | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
INDmoney Vs Fyers - SEBI Charges
| INDmoney | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Fyers - Account Opening & AMC Charges
INDmoney
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Fyers
| INDmoney | Fyers | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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 .. |
|
|
|
|
|
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.
INDmoney Vs Fyers - Brokerage charges & Plans
| INDmoney | Fyers | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
INDmoney Vs Fyers - Margin (Exposure)
| INDmoney | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Fyers - Other Charges
| INDmoney | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | (₹50 + GST) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Fyers - STT/CTT
| INDmoney | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on sell value |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.10% |
| Equity Futures | 0.01% only on sell | 0.01% on sell value |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell value |
INDmoney Vs Fyers - Demat transaction charges
| INDmoney | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹7 + ₹5.5 (CDSL Charges) |
INDmoney Vs Fyers - GST
| INDmoney | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
INDmoney Vs Fyers - SEBI Charges
| INDmoney | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Fyers - Features
| INDmoney | 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 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 |
|
|