Maverick Vs Fyers
Maverick
Maverick 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.
Maverick Vs Fyers - Broker Details
| Maverick | Fyers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX. |
| Branches | N/A | Zero |
| Brokerage | 0.01% per order | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Maverick Vs Fyers - Account Opening & AMC Charges
| Maverick | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹999 for Lifetime | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Maverick Vs Fyers - Brokerage charges & Plans
| Maverick | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.1% per order | ₹0 |
| Equity Options | Rs. 10 per lot | ₹20/ Order |
| Commodity Options | Rs. 10 per lot | ₹20/ Order |
| Equity Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | Rs. 10 per lot | ₹20/ Order |
| Fixed Charges | 0.01% per order | ₹20/ Order |
| Equity Intraday | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower)r |
Maverick Vs Fyers - Other Charges
| Maverick | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | (₹50 + GST) |
| Other Brokerage Charges | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.01% per order | ₹20/ Order |
Maverick Vs Fyers - Transaction Charges
| Maverick | Fyers | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035%e | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | NSE: 0.0019% | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | ₹325/ Cr (0.00325%) |
| Equity Options | NSE: 0.05% (on premium) | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | NA |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | ₹325/ Cr (0.00325%) |
Maverick Vs Fyers - Margin (Exposure)
| Maverick | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Fyers - Features
| Maverick | 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 | Equity & F&O:- 3:15pm | Currency: 4:30PM | 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. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | 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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Maverick Vs Fyers - Review & Rating
| Maverick | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maverick Vs Fyers - Request a call back from Broker
| Maverick | Fyers | |
|---|---|---|
Maverick Vs Fyers - Investment Options
| Maverick | Fyers | |
|---|---|---|
| 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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Maverick Vs Fyers - Order Type
| Maverick | Fyers | |
|---|---|---|
| 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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Maverick Vs Fyers - Research & Report
| Maverick | Fyers | |
|---|---|---|
| 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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Maverick Vs Fyers - Daily Market Report
| Maverick | Fyers | |
|---|---|---|
| Daily Market Reports & News |
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Maverick Vs Fyers - Suitable For Investor
| Maverick | Fyers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maverick Vs Fyers - Pros & Cons
| Maverick | Fyers | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
Maverick Vs Fyers - Background
| Maverick | Fyers | |
|---|---|---|
Maverick Vs Fyers - Compare All Brokers
| Maverick | Fyers | |
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Maverick Vs Fyers - STT/CTT
| Maverick | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.0125% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Maverick Vs Fyers - Demat transaction charges
| Maverick | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹7 + ₹5.5 (CDSL Charges) |
Maverick Vs Fyers - GST
| Maverick | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
Maverick Vs Fyers - SEBI Charges
| Maverick | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Fyers - Account Opening & AMC Charges
Maverick
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per year | ₹999 for Lifetime
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Maverick Vs Fyers
| Maverick | Fyers | |
|---|---|---|
Maverick Account Opening Process and Charges Detail |
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 .. |
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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 Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Maverick Vs Fyers - Brokerage charges & Plans
| Maverick | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.1% per order | ₹0 |
| Equity Options | Rs. 10 per lot | ₹20/ Order |
| Commodity Options | Rs. 10 per lot | ₹20/ Order |
| Equity Futures | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | Rs. 10 per lot | ₹20/ Order |
| Fixed Charges | 0.01% per order | ₹20/ Order |
| Equity Intraday | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Maverick Vs Fyers - Margin (Exposure)
| Maverick | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Fyers - Other Charges
| Maverick | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | (₹50 + GST) |
| Other Brokerage Charges | 0.01% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.01% per order | ₹20/ Order |
Maverick Vs Fyers - STT/CTT
| Maverick | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.0125% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Maverick Vs Fyers - Demat transaction charges
| Maverick | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹7 + ₹5.5 (CDSL Charges) |
Maverick Vs Fyers - GST
| Maverick | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
Maverick Vs Fyers - SEBI Charges
| Maverick | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Fyers - Features
| Maverick | 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 & F&O:- 3:15pm | Currency: 4:30PM | 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. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | 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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