Fyers Vs Karvy (Compare Fyers and Karvy)

The side-by-side comparison of Fyers and Karvy. Compare Fyers Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Karvy?


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... Know more about Fyers Securities Ltd


Karvy

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

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, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd

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Fyers Vs Karvy

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

  Fyers Karvy
Type of Broker Discount Broker Full Service Broker
Supported Exchnages NSE, MCX BSE, NSE, MCX
Account Type Flat Fee Brokerage Plan Retail Brokerage Plan
Year of Incorporation 2015 1985
Number of Branches 0 575
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
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Fyers Vs Karvy Charges & AMC

Fyers trading account opening charges is ₹400 (Free) while Karvy account opening changes is ₹650. Fyers Demat Account AMC Charges is ₹300 and Karvy Demat Account AMC Charges is ₹420.

  Fyers Karvy
Trading Account Opening Charges ₹400 (Free) ₹650
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹300 ₹420
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Fyers Vs Karvy Brokerage Charges & Plans

Fyers Vs Karvy Brokerage

Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

  Fyers Karvy
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 .03% whichever is lower 0.03%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.03%
Equity Options Brokerage ₹20 per executed order ₹30 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.03%
Currency Options Trading Brokerage ₹20 per executed order ₹30 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.03%
Commodity Options Trading Brokerage ₹20 per executed order ₹30 per lot
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Fyers Vs Karvy Brokerage Plan 2

  Fyers Karvy
Account Type Flat Fee Brokerage Plan Premium Subscription Plan of 100000
Fixed Charges NA ₹100,000 per year
Equity Delivery Brokerage ₹0 (Free) 0.1%
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order ₹10 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Currency Options Trading Brokerage ₹20 per executed order ₹10 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order ₹10 per lot

Fyers Charges Vs Karvy

Minimum Brokerage Charges Intra-day: ₹7 or 2.5% whichever is lower 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
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Fyers Vs Karvy Transaction Charges

Fyers transaction charges for options is ₹5900 per Cr (on premium) (0.059%) while Karvy exchange transaction charges for options is ₹5500.

  Fyers Karvy
Equity Delivery ₹325 per Cr (0.00325%) ₹325
Equity Intraday ₹325 per Cr (0.00325%) ₹325
Equity Futures ₹240 per Cr (0.0024%) ₹230
Equity Options ₹5900 per Cr (on premium) (0.059%) ₹5500
Currency Futures ₹240 per Cr (0.0024%) ₹325
Currency Options ₹5900 per Cr (on premium) (0.059%)
Commodity NA ₹300
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Fyers Vs Karvy Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

  Fyers Karvy
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 Futures NA Upto 4x
Commodity Options
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Compare Fyers and Karvy Features

The trading platforms offered Fyers include Fyers One (In-house build). Karvy offers NEST, Karvy Web, Trade Mobile trading software.

  Fyers Karvy
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
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Fyers Vs Karvy Review

Fyers is rated 4.0 of 5 based on 14 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

  Fyers Karvy
  14 Customer Reviews    Rate Fyers 24 Customer Reviews    Rate Karvy
Fees 3.6 2.6
Trading Brokerage 4.0 2.4
Trading Platform Usability 3.6 2.7
Customer Service 4.3 2.2
Research Capabilities 2.0
Overall Ratings Rated 4.0 stars Rated 2.0 stars
Broker Rating Fyers is rated 4.0 of 5 based on 14 customer reviews Karvy is rated 2.0 of 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Karvy Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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Fyers Vs Karvy Investment Options

  Fyers Karvy
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Fyers Vs Karvy Order Type Offered

  Fyers Karvy
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Fyers Vs Karvy Research Report

  Fyers Karvy
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Fyers Vs Karvy Suitable For Investor Type

  Fyers Karvy
Casual Investor Yes
Active Investor Yes
Trader Yes
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Fyers Vs Karvy - Pros and Cons

  Fyers Karvy
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!
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹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.

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