The side-by-side comparison of Fyers and Indira Securities. Compare Fyers Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Indira Securities?
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...
Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.
Fyers | Indira Securities | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | NSE, MCX | BSE, NSE, MCX and NCDEX |
Account Type | Flat Fee Brokerage Plan | Traditional Plan |
Year of Incorporation | 2015 | 1987 |
Number of Branches | 0 | 335 |
Broker Enquiry |
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Enquire Fyers | Enquire Indira Securities |
Fyers trading account opening charges is Rs 0 (Free) while Indira Securities account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 300 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).
Fyers | Indira Securities | |
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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 450 (Free for 1st year) |
Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.
Fyers | Indira Securities | |
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Account Type | Flat Fee Brokerage Plan | Traditional Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | 0.10% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Equity Options Brokerage | Rs 20 per executed order | Rs 25 per lot (both side) |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 25 per lot (both side) |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 25 per lot (both side) |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
Fyers | Indira Securities | |
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Account Type | Flat Fee Brokerage Plan | Discount Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 20 per executed order |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Enquire Fyers | Enquire Indira Securities |
Minimum Brokerage Charges | Intra-day: Rs 7 or 2.5% whichever is lower | Rs 20 per executed order |
Other Brokerage 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 0 (Free) |
Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
Fyers | Indira Securities | |
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Equity Delivery | Rs 325 per Cr (0.00325%) | NSE Rs 325 per Cr (0.00325%) |
Equity Intraday | Rs 325 per Cr (0.00325%) | NSE Rs 325 per Cr (0.00325%) |
Equity Futures | Rs 240 per Cr (0.0024%) | NSE Rs 190 per Cr (0.0019%) |
Equity Options | Rs 5900 per Cr (on premium) (0.059%) | NSE Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | Rs 240 per Cr (0.0024%) | NSE Rs 120 per Cr (0.0012%) |
Currency Options | Rs 5900 per Cr (on premium) (0.059%) | NSE Rs 500 per Cr (0.005%) (on premium) |
Commodity | NA | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) |
Enquire Fyers | Enquire Indira Securities |
Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).
Fyers | Indira Securities | |
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Equity Delivery | 1 times | 1x (no margin) |
Equity Intraday | Up to 16x (based on the stock) | Up to 10x (based on the stock) |
Equity Futures | Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x | 1x (no margin) |
Currency Futures | Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) | 1x (no margin) |
Commodity Futures | NA | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Commodity Options | 1x (no margin) | |
Enquire Fyers | Enquire Indira Securities |
The trading platforms offered Fyers include Fyers One (In-house build). Indira Securities offers ODIN trading software.
Fyers | Indira Securities | |
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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 Available | ![]() |
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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) | ODIN |
Intraday Square-off Time | 3:20 PM | 3:15 PM |
Other Features | Brokerage free thematic investing is available | |
Referral Program | ![]() |
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Enquire Fyers | Enquire Indira Securities |
Fyers is rated 3.4 of 5 based on 18 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.
Fyers | Indira Securities | |
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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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Enquire Fyers | Enquire Indira Securities |
Fyers | Indira Securities | |
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Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you. |
Free Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
Enquire Fyers | Enquire Indira Securities |
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