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5paisa Vs Fyers (Compare 5paisa and Fyers)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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5paisa Vs Fyers

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

  5paisa Fyers
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE NSE, MCX
Year of Incorporation 1996 2015
Number of Branches 1 0
Open 5paisa AccountOpen Fyers Account

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5paisa Vs Fyers Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Fyers Demat Account AMC Charges is Rs 0 (Free).

  5paisa Fyers
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 (Free)

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5paisa Vs Fyers Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type 5paisa Regular Account Plan Fyers Flat Fee Brokerage Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 0 (Free)
Equity Intraday Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

5paisa Vs Fyers Brokerage Plan 2

  5paisa Fyers
Account Type Power Investor Pack Flat Fee Brokerage Plan
Fixed Charges Rs 599 per month NA
Equity Delivery Rs 10 per executed order Rs 0 (Free)
Equity Intraday Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order
Currency Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order
Commodity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 10 per executed order Rs 20 per executed order
Open 5paisa AccountOpen Fyers Account

5paisa Vs Fyers Brokerage Plan 3

  5paisa Fyers
Account Type Ultra Trader Pack Flat Fee Brokerage Plan
Fixed Charges Rs 1199 per month NA
Equity Delivery Rs 10 per executed order Rs 0 (Free)
Equity Intraday Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order
Currency Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order
Commodity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 10 per executed order Rs 20 per executed order
Open 5paisa AccountOpen Fyers Account

5paisa Charges Vs Fyers

Minimum Brokerage Rs 20 per trade Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 20 per trade

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5paisa Vs Fyers Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Fyers exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  5paisa Fyers
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Grp A: 0.0026% NA
Open 5paisa AccountOpen Fyers Account

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5paisa Vs Fyers Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa Fyers
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open 5paisa AccountOpen Fyers Account

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Compare 5paisa and Fyers Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Fyers offers Fyers One (In-house build) trading software.

  5paisa Fyers
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) Fyers One (In-house build)
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features Brokerage free thematic investing is available
Open 5paisa AccountOpen Fyers Account

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5paisa Vs Fyers Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas Fyers is rated 2.9 of 5 based on 34 customer reviews.

  5paisa Fyers
  94 Customer Reviews    Rate 5paisa 34 Customer Reviews    Rate Fyers
Fees 2.9 3.3
Brokerage 3.5 3.4
Trading Platform 2.7 3.1
Customer Service 2.1 2.9
Research Capabilities 2.4 2.2
Overall Ratings Rated 2.6 stars Rated 2.9 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews Fyers is rated 2.9 of 5 based on 34 customer reviews

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Contact Broker / Request A Call Back

  5paisa Enquire Fyers Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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5paisa Vs Fyers Investment Options

  5paisa Fyers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds, Insurance

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5paisa Vs Fyers Order Type Offered

  5paisa Fyers
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open 5paisa AccountOpen Fyers Account

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5paisa Vs Fyers Research Report

  5paisa Fyers
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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5paisa Vs Fyers Suitable For Investor Type

  5paisa Fyers
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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5paisa Vs Fyers - Pros and Cons

  5paisa Fyers
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
Reviews
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Open 5paisa AccountOpen Fyers Account

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