Fyers Vs Yes Securities (Compare Fyers and Yes Securities)

Fyers Vs Yes Securities

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

	Fyers	Yes Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, MCX	BSE, NSE
Year of Incorporation	2015	2013
Number of Branches	0	52
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Fyers Vs Yes Securities Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. Fyers Demat Account AMC Charges is Rs 300 and Yes Securities Demat Account AMC Charges is Rs 500.

	Fyers	Yes Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 999
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 500

Fyers Vs Yes Securities Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

	Fyers	Yes Securities
Account Type	Flat Fee Brokerage Plan	INVEST Value Plan
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.45%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.05%(both Sides)
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.05% | Intraday - 0.02%
Equity Options	Rs 20 per executed order	Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.05% | Intraday - 0.02%
Currency Options	Rs 20 per executed order	Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	NA
Commodity Options	Rs 20 per executed order	NA
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.

Fyers Vs Yes Securities Brokerage Plan 2

	Fyers	Yes Securities
Account Type	Flat Fee Brokerage Plan	INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.40%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.04%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.04% | Intraday - 0.02%
Equity Options	Rs 20 per executed order	Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.04% | Intraday - 0.02%
Currency Options	Rs 20 per executed order	Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	NA
Commodity Options	Rs 20 per executed order	NA
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Fyers Charges Vs Yes Securities

Minimum Brokerage	Intra-day: Rs 7 or 2.5% whichever is lower	Rs 25 or 2.5% of Trade Value whichever is lower
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	Additional Rs 25 per executed order

Fyers Vs Yes Securities Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Yes Securities exchange transaction charges for options is 0.053% (on premium).

	Fyers	Yes Securities
Equity Delivery	Rs 325 per Cr (0.00325%)	0.00325%
Equity Intraday	Rs 325 per Cr (0.00325%)	0.00325%
Equity Futures	Rs 240 per Cr (0.0024%)	0.002%
Equity Options	Rs 5900 per Cr (on premium) (0.059%)	0.053% (on premium)
Currency Futures	Rs 240 per Cr (0.0024%)	0.00125%
Currency Options	Rs 5900 per Cr (on premium) (0.059%)	0.0435% (on premium)
Commodity	NA	0.0030%
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Fyers Vs Yes Securities Leverage (Margin)

Fyers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Yes Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Fyers	Yes Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Fyers and Yes Securities Features

The trading platforms offered Fyers include Fyers One (In-house build). Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

	Fyers	Yes Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time	3:20 PM
Other Features	Brokerage free thematic investing is available
Referral Program
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Fyers Vs Yes Securities Review

Fyers is rated 3.2 of 5 based on 21 customer reviews whereas Yes Securities is rated 2.0 of 5 based on 2 customer reviews.

	Fyers	Yes Securities
	21 Customer Reviews	2 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 3.2 of 5 based on 21 customer reviews	Yes Securities is rated 2.0 of 5 based on 2 customer reviews

Fyers Vs Yes Securities Investment Options

	Fyers	Yes Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs Yes Securities Order Type Offered

	Fyers	Yes Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Fyers Vs Yes Securities Research Report

	Fyers	Yes Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Yes Securities Suitable For Investor Type

	Fyers	Yes Securities
Casual Investor
Active Investor
Trader

Fyers Vs Yes Securities - Pros and Cons

	Fyers	Yes Securities
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. 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!	Part of the prestigious Yes Bank. Full-service broker offering dedicated RM to all customers. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account. Neighborhood support is available through 50+ branches.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	Very expensive brokerage charges Doesn't offer commodity trading at MCX. Minimum brokerage of Rs 25. Call & Trade is available for an additional Rs 25 per executed order. Doesn't provide 'Installable Trading Terminal' software to customers.
Reviews
Promo / Offers	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
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