Achiievers Vs Fyers (Compare Achiievers and Fyers)

Achiievers Vs Fyers

Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. 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.

	Achiievers	Fyers
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE and MCX	NSE, MCX
Year of Incorporation	2012	2015
Number of Branches	1	0
	Enquire Achiievers	Open Fyers Account

Achiievers Vs Fyers Charges & AMC

Achiievers trading account opening charges is Rs 150 while Fyers account opening changes is Rs 0 (Free). Achiievers Demat Account AMC Charges is Rs 400 and Fyers Demat Account AMC Charges is Rs 300.

	Achiievers	Fyers
Trading Account Opening Charges	Rs 150	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 400	Rs 300

Achiievers Vs Fyers Brokerage

Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Achiievers	Fyers
Account Type	Flat Fee Plan	Flat Fee Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15	Rs 0 (Free)
Equity Intraday	Rs 15	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 15	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 15	Rs 20 per executed order
Currency Futures	Rs 15	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 15	Rs 20 per executed order
Commodity Futures	Rs 15	Rs 20 per executed order or .03% whichever is lower
Commodity Options		Rs 20 per executed order
Special Offer		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.

Achiievers Vs Fyers Brokerage Plan 2

	Achiievers	Fyers
Account Type	Mega Value Plan	Flat Fee Brokerage Plan
Fixed Charges	Rs 750 (Per Segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 0 (Free)
Equity Intraday	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 1 per executed order	Rs 20 per executed order
Currency Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 1 per executed order	Rs 20 per executed order
Commodity Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 1 per executed order	Rs 20 per executed order
	Enquire Achiievers	Open Fyers Account

Achiievers Vs Fyers Brokerage Plan 3

	Achiievers	Fyers
Account Type	Per Day Plan	Flat Fee Brokerage Plan
Fixed Charges	Rs 50 per day (each segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 0 (Free)
Equity Intraday	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 1 per executed order	Rs 20 per executed order
Currency Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 1 per executed order	Rs 20 per executed order
Commodity Futures	Rs 1 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 1 per executed order	Rs 20 per executed order
	Enquire Achiievers	Open Fyers Account

Achiievers Charges Vs Fyers

Minimum Brokerage	Rs 15	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 20 per trade	Rs 20 per trade

Achiievers Vs Fyers Transaction Charges

Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

	Achiievers	Fyers
Equity Delivery	Rs 350 per Cr (0.0035%)	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 350 per Cr (0.0035%)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 390 per Cr (0.0039%)	Rs 240 per Cr (0.0024%)
Equity Options	Rs 7500 per Cr (0.075%)	Rs 5900 per Cr (on premium) (0.059%)
Currency Futures	Rs 175 per Cr (0.00175%)	Rs 240 per Cr (0.0024%)
Currency Options	Rs 6500 per Cr (0.065%)	Rs 5900 per Cr (on premium) (0.059%)
Commodity	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)	NA
	Enquire Achiievers	Open Fyers Account

Achiievers Vs Fyers Leverage (Margin)

Achiievers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Fyers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Achiievers	Fyers
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Achiievers	Open Fyers Account

Compare Achiievers and Fyers Features

The trading platforms offered Achiievers include NOW Online, NOW Trader. Fyers offers Fyers One (In-house build) trading software.

	Achiievers	Fyers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NOW Online, NOW Trader	Fyers One (In-house build)
Intraday Square-off Time	3:15 PM	3:20 PM
Other Features		Brokerage free thematic investing is available
Referral Program
	Enquire Achiievers	Open Fyers Account

Achiievers Vs Fyers Review

Achiievers is rated 4.6 of 5 based on 5 customer reviews whereas Fyers is rated 3.2 of 5 based on 21 customer reviews.

	Achiievers	Fyers
	5 Customer Reviews	21 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Achiievers is rated 4.6 of 5 based on 5 customer reviews	Fyers is rated 3.2 of 5 based on 21 customer reviews

Achiievers Vs Fyers Investment Options

	Achiievers	Fyers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Achiievers Vs Fyers Order Type Offered

	Achiievers	Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Achiievers	Open Fyers Account

Achiievers Vs Fyers Research Report

	Achiievers	Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Achiievers Vs Fyers Suitable For Investor Type

	Achiievers	Fyers
Casual Investor
Active Investor
Trader

Achiievers Vs Fyers - Pros and Cons

	Achiievers	Fyers
Pros	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).	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	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers		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.
	Enquire Achiievers	Open Fyers Account