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Tradingo
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IIFL Sec
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HDFC Sec
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Fyers
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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 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 | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, MCX | BSE, NSE, MCX and NCDEX |
| Year of Incorporation | 2015 | 1987 |
| Number of Branches | 0 | 335 |
| Open Fyers Account | 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 | |
|---|---|---|
| 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%.
| Account Type | Fyers Flat Fee Brokerage Plan | Indira Securities Traditional Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 0 (Free) | 0.10% |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | 0.01% |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | 0.01% |
| Equity Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | 0.01% |
| Currency Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | 0.01% |
| Commodity Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| 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: 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 | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | Discount Brokerage Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
| Open Fyers Account | Enquire Indira Securities |
| Minimum Brokerage | Intra-day: Rs 7 or 2.5% whichever is lower | Rs 20 per executed order |
| 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 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 | |
|---|---|---|
| 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%) |
| Open Fyers Account | Enquire Indira Securities |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Fyers | Indira Securities | |
|---|---|---|
| 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 | Enquire Indira Securities |
The trading platforms offered Fyers include Fyers One (In-house build). Indira Securities offers ODIN trading software.
| Fyers | Indira Securities | |
|---|---|---|
| 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) | 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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| Open Fyers Account | Enquire Indira Securities |
Fyers is rated 3.0 of 5 based on 27 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.
| Fyers | Indira Securities | |
|---|---|---|
27 Customer Reviews  |
4 Customer Reviews |
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| Broker Rating | Fyers is rated 3.0 of 5 based on 27 customer reviews | Indira Securities is rated 4.0 of 5 based on 4 customer reviews |
| Fyers Enquire | Indira Securities 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. | 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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| Bond / NCD | |
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| 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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| Open Fyers Account | Enquire Indira Securities |
| Fyers | Indira Securities | |
|---|---|---|
| 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 | Indira Securities | |
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| Casual Investor | ||
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| Trader | |
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| Fyers | Indira Securities | |
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| Promo / Offers | Free Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
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. |
| Open Fyers Account | Enquire Indira Securities |
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