The side-by-side comparison of Fyers and Karvy. Compare Fyers Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Fyers review.
Find out Fyers Vs Karvy which is better and Fyers Vs Karvy which is best.
Our Fyers Securities Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Fyers and Karvy.
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", representi...
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, MCX
BSE, NSE, MCX
Account Type
Flat Fee Brokerage Plan
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
2015
Number of Branches
1
Fyers Vs Karvy Charges
Fyers Securities Ltd
Karvy Stock Broking Ltd
Trading Account Opening Fees
₹0 (Free)
₹420
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0 (Free)
₹0
Demat Account AMC
₹400
₹420
Demat Account is Mandatory?
No
No
Fyers Vs Karvy Brokerage
Brokerage Plan 1
Fyers Securities Ltd
Karvy Stock Broking Ltd
Account Type
Flat Fee Brokerage Plan
Retail Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
0.3%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Equity Options Brokerage
₹20 per executed order
₹30 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Currency Options Trading Brokerage
₹20 per executed order
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
Brokerage Plan 2
Fyers Securities Ltd
Karvy Stock Broking Ltd
Account Type
Flat Fee Brokerage Plan
Premium Subscription Plan
Fixed Charges
NA
Rs 100000 per year
Equity Delivery Brokerage
₹0 (Free)
0.1%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Options Brokerage
₹20 per executed order
₹10 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Currency Options Trading Brokerage
₹20 per executed order
₹10 per lot
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
₹20 per trade
Fyers Vs Karvy Taxes
Fyers Securities Ltd
Karvy Stock Broking Ltd
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Fyers Vs Karvy Transaction Charges
Fyers Securities Ltd
Karvy Stock Broking Ltd
Equity Delivery
₹325 per crore (0.00325%)
₹325
Equity Intraday
₹325 per crore (0.00325%)
₹325
Equity Futures
₹240 per crore (0.0024%)
₹230
Equity Options
₹5900 per crore (on premium) (0.059%)
₹5500
Currency Futures
₹240 per crore (0.0024%)
₹325
Currency Options
₹5900 per crore (on premium) (0.059%)
Commodity
NA
₹300
Fyers Vs Karvy Exposure Margin
Fyers Securities Ltd
Karvy Stock Broking Ltd
Equity Delivery
1 times
Upto 5x with 24% interest per year
Equity Intraday
Up to 16x (based on the stock)
Upto 20x
Equity Futures
Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 4x
Equity Options
Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Upto 4x for shorting
Currency Futures
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Nil
Currency Options
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Nil
Commodity
NA
Upto 4x
Fyers and Karvy Feature Comparison
Fyers Securities Ltd
Karvy Stock Broking Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Fyers One (In-house build)
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
3:20 PM
3:15
Other Features
Brokerage free thematic investing is available
Ask the expert, The Finapolis
Referral Program
Fyers Vs Karvy Review
Fyers Securities Ltd
Karvy Stock Broking Ltd
8 Customer Reviews
21 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Fyers is Rated 3.6 / 5 based on 8 customer reviews
Karvy is Rated 2.1 / 5 based on 21 customer reviews
Contact Broker / Request A Call Back
Fyers Securities Ltd
Karvy Stock Broking Ltd
Contact / Request Call Back
Fyers Vs Karvy Investment Options
Fyers Securities Ltd
Karvy Stock Broking Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Fyers Vs Karvy Customer Service
Fyers Securities Ltd
Karvy Stock Broking Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Fyers Vs Karvy Order Type Offered
Fyers Securities Ltd
Karvy Stock Broking Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Fyers Vs Karvy Research Report
Fyers Securities Ltd
Karvy Stock Broking Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Fyers Vs Karvy Suitable For Investor Type
Fyers Securities Ltd
Karvy Stock Broking Ltd
Casual Investor
Active Investor
Trader
Fyers Vs Karvy - Advantages and Disadvantages
Fyers Securities Ltd
Karvy Stock Broking Ltd
Pros
Free equity delivery trades and thematic investments. No brokerage for this segment.
Very low brokerage charges of maximum ₹20 per trade.
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!
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
Zerodha
Zero Account Opening Fee