FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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ICICIdirect
Nuvama
Fyers
Kotak Securities
5Paisa
TradeSmart
Alice Blue
SAS Online
SAMCO
Tradingo
Dhan
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... 
About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| Fyers | Alice Blue | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2015 | |
| Number of Branches | 0 | |
| Open Fyers Account | Open Alice Blue Account |
Fyers trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Fyers Demat Account AMC Charges is Rs 0 (Free) and Alice Blue Demat Account AMC Charges is Rs 400.
| Fyers | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 150 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 400 |
Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.05% whichever is lower.
| Account Type | Fyers Flat Fee Brokerage Plan | Alice Blue Freedom 15 (F15) |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Rs 15 per order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 15 per order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 15 per order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | Rs 15 per order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order | Rs 15 per order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 15 per order or 0.05% whichever is lower |
| Commodity Options | Rs 20 per executed order | Rs 15 per 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. |
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
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| Minimum Brokerage | Intra-day: Rs 7 or 2.5% whichever is lower | Rs 0 |
| 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 executed order |
Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Alice Blue exchange transaction charges for options is Rs 5300 per crore (0.053%) (on premium).
| Fyers | Alice Blue | |
|---|---|---|
| Equity Delivery | Rs 325 per Cr (0.00325%) | Rs 345 per crore (0.00345%) |
| Equity Intraday | Rs 325 per Cr (0.00325%) | Rs 345 per crore (0.00345%) |
| Equity Futures | Rs 240 per Cr (0.0024%) | Rs 200 per crore (0.002%) |
| Equity Options | Rs 5900 per Cr (on premium) (0.059%) | Rs 5300 per crore (0.053%) (on premium) |
| Currency Futures | Rs 240 per Cr (0.0024%) | Rs 135 per crore (0.00135%) |
| Currency Options | Rs 5900 per Cr (on premium) (0.059%) | Rs 4400 per crore (0.044%) (on premium) |
| Commodity | NA | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) |
| Open Fyers Account | Open Alice Blue Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Fyers | Alice Blue | |
|---|---|---|
| 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 Fyers Account | Open Alice Blue Account |
The trading platforms offered Fyers include Fyers One (In-house build). Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
| Fyers | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Fyers One (In-house build) | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | 3:20 PM | Equity: 3:15PM |
| Trading In SME Shares Allowed? | ||
| Referral Program | |
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| Other Features | Brokerage free thematic investing is available | |
| Open Fyers Account | Open Alice Blue Account |
Fyers is rated 3.0 of 5 based on 31 customer reviews whereas Alice Blue is rated 3.2 of 5 based on 39 customer reviews.
| Fyers | Alice Blue | |
|---|---|---|
31 Customer Reviews  |
39 Customer Reviews |
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| Broker Rating | Fyers is rated 3.0 of 5 based on 31 customer reviews | Alice Blue is rated 3.2 of 5 based on 39 customer reviews |
| Fyers Enquire | Alice Blue Enquire | |
|---|---|---|
| Contact Broker | 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. | Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Fyers | Alice Blue | |
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| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Fyers | Alice Blue | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Fyers Account | Open Alice Blue Account |
| Fyers | Alice Blue | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Fyers | Alice Blue | |
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| Casual Investor | ||
| Active Investor | |
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| Trader | |
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| Fyers | Alice Blue | |
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| Promo / Offers | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
Alice Blue Special OfferFree Equity Delivery TradeTrade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Fyers Account | Open Alice Blue Account |
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