Fyers Vs Edelweiss (Compare Fyers and Edelweiss)

Fyers Vs Edelweiss

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	Fyers	Edelweiss
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2015	2002
Number of Branches	0	237
	Open Fyers Account	Open Edelweiss Account

Fyers Vs Edelweiss Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Edelweiss account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 300 and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

	Fyers	Edelweiss
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 500 (1st Year Free)

Fyers Vs Edelweiss Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

	Fyers	Edelweiss
Account Type	Flat Fee Brokerage Plan	Edelweiss Lite
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 10 per executed order
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 10 per executed order
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 10 per executed order
Equity Options	Rs 20 per executed order	Rs 10 per executed order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 10 per executed order
Currency Options	Rs 20 per executed order	Rs 10 per executed order
Commodity Futures	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.	Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Fyers Vs Edelweiss Brokerage Plan 2

	Fyers	Edelweiss
Account Type	Flat Fee Brokerage Plan	Edelweiss Elite
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.30%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Options	Rs 20 per executed order	Rs 75 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.02%
Currency Options	Rs 20 per executed order	Rs 22 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 20 per executed order
	Open Fyers Account	Open Edelweiss Account

Fyers Charges Vs Edelweiss

Minimum Brokerage	Intra-day: Rs 7 or 2.5% whichever is lower	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per trade	Rs 20 per call

Fyers Vs Edelweiss Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

	Fyers	Edelweiss
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures	Rs 240 per Cr (0.0024%)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	Rs 5900 per Cr (on premium) (0.059%)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 240 per Cr (0.0024%)	NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options	Rs 5900 per Cr (on premium) (0.059%)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	NA
	Open Fyers Account	Open Edelweiss Account

Fyers Vs Edelweiss Leverage (Margin)

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

	Fyers	Edelweiss
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)
	Open Fyers Account	Open Edelweiss Account

Compare Fyers and Edelweiss Features

The trading platforms offered Fyers include Fyers One (In-house build). Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	Fyers	Edelweiss
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	Fyers One (In-house build)	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time	3:20 PM	3:00 PM
Other Features	Brokerage free thematic investing is available
Referral Program
	Open Fyers Account	Open Edelweiss Account

Fyers Vs Edelweiss Review

Fyers is rated 3.2 of 5 based on 21 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

	Fyers	Edelweiss
	21 Customer Reviews	65 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 3.2 of 5 based on 21 customer reviews	Edelweiss is rated 3.0 of 5 based on 65 customer reviews

Fyers Vs Edelweiss Investment Options

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

Fyers Vs Edelweiss Order Type Offered

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

Fyers Vs Edelweiss Research Report

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

Fyers Vs Edelweiss Suitable For Investor Type

	Fyers	Edelweiss
Casual Investor
Active Investor
Trader

Fyers Vs Edelweiss - Pros and Cons

	Fyers	Edelweiss
Pros	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!	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
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.	Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
	Open Fyers Account	Open Edelweiss Account