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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 Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
Fyers | Tradeplus | |
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Type of Broker | Discount Broker | Discount Broker |
Exchnage Membership | NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 2015 | 1995 |
Number of Branches | 0 | |
Open Fyers Account | Open Tradeplus Account |
Fyers trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 300 and Tradeplus Demat Account AMC Charges is Rs 0.
Fyers | Tradeplus | |
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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 |
Demat Account AMC Charges | Rs 300 | Rs 0 |
Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.
Account Type | Fyers Flat Fee Brokerage Plan | Tradeplus Flat Zero brokerage Scheme |
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Fixed Charges | NA | As per segment |
Equity Delivery | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday | Rs 20 per executed order or .03% whichever is lower | NA |
Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 799 per month (unlimited trading) |
Equity Options | Rs 20 per executed order | Rs 99 per month (unlimited trading) |
Currency Futures | Rs 20 per executed order or .03% whichever is lower | Rs 99 per month (unlimited trading) |
Currency Options | Rs 20 per executed order | Rs 99 per month (unlimited trading) |
Commodity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 99 per month (unlimited trading) |
Commodity Options | Rs 20 per executed order | Rs 99 per month (unlimited trading) |
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. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Fyers | Tradeplus | |
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Account Type | Flat Fee Brokerage Plan | Flexi Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Lower of - Rs 9 per trade or 0.01% |
Equity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 9 per executed order |
Equity Options | Rs 20 per executed order | Rs 9 per executed order |
Currency Futures | Rs 20 per executed order or .03% whichever is lower | Rs 9 per executed order |
Currency Options | Rs 20 per executed order | Rs 9 per executed order |
Commodity Futures | Rs 20 per executed order or .03% whichever is lower | Rs 9 per executed order |
Commodity Options | Rs 20 per executed order | Rs 9 per executed order |
Open Fyers Account | Open Tradeplus Account |
Minimum Brokerage | Intra-day: Rs 7 or 2.5% whichever is lower | |
Other Charges | Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) | SMS Charges: Rs 100 per segment. |
Call & Trade Charges | Rs 20 per trade | Flat Rs 75 per day |
Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).
Fyers | Tradeplus | |
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Equity Delivery | Rs 325 per Cr (0.00325%) | Rs 345 per crore (0.00345%) (each side) |
Equity Intraday | Rs 325 per Cr (0.00325%) | Rs 345 per crore (0.00345%) (sale side) |
Equity Futures | Rs 240 per Cr (0.0024%) | Rs 360 per crore (0.0036%) |
Equity Options | Rs 5900 per Cr (on premium) (0.059%) | Rs 7800 per crore (0.078%)(on premium) |
Currency Futures | Rs 240 per Cr (0.0024%) | Rs 140 per crore (0.0014%) |
Currency Options | Rs 5900 per Cr (on premium) (0.059%) | Rs 6000 (on premium) per crore (0.06%) |
Commodity | NA | Rs 500 (0.005%) |
Open Fyers Account | Open Tradeplus Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Fyers | Tradeplus | |
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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 | Open Tradeplus Account |
The trading platforms offered Fyers include Fyers One (In-house build). Tradeplus offers INFINI, NSE NOW trading software.
Fyers | Tradeplus | |
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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 | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ||
Trading Platform | Fyers One (In-house build) | INFINI, NSE NOW |
Intraday Square-off Time | 3:20 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ![]() |
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Other Features | Brokerage free thematic investing is available | |
Open Fyers Account | Open Tradeplus Account |
Fyers is rated 3.1 of 5 based on 30 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.
Fyers Enquire | Tradeplus Enquire | |
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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. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Fyers | Tradeplus | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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IPO | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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Debt | ![]() |
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Other Investment Options |
Fyers | Tradeplus | |
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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 | Open Tradeplus Account |
Fyers | Tradeplus | |
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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 | Tradeplus | |
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Casual Investor | ||
Active Investor | ![]() |
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Trader | ![]() |
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Fyers | Tradeplus | |
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Reviews | ||
Promo / Offers | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Open Fyers Account | Open Tradeplus Account |
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