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. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ... ![]()
About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings a... ![]()
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 52 branches across India.
| Fyers | Yes Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2015 | 2013 |
| Number of Branches | 52 | |
| Open Fyers Account |
Fyers trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is ₹0. Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Yes Securities Demat Account AMC Charges is ₹25 per month.
| Fyers | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | ₹0 |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | ₹25 per month |
Fyers Brokerage Charges for equity is 0.3% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas Yes Securities brokerage charges for equity is 0.10% and Intraday is 0.01%.
| Account Type | Fyers Flat Fee Brokerage Plan | Yes Securities YES Private |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.3% or Rs 20, whichever is lower | 0.10% |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | 0.01% |
| Equity Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Equity Options | Rs 20 per executed order | Rs10 per lot |
| Currency Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Currency Options | Rs 20 per executed order | Rs10 per lot |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Commodity Options | Rs 20 per executed order | Rs10 per lot |
| Special Offer | Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | Zerodha (Flat Rs 20 Per Trade) 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 | Yes Securities | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | YES First |
| Fixed Charges | NA | |
| Equity Delivery | 0.3% or Rs 20, whichever is lower | 0.12% |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | 0.01% |
| Equity Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Equity Options | Rs 20 per executed order | Rs15 per lot |
| Currency Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Currency Options | Rs 20 per executed order | Rs15 per lot |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | 0.01% |
| Commodity Options | Rs 20 per executed order | Rs15 per lot |
| Open Fyers Account |
| Fyers | Yes Securities | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | INVEST Value Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.3% or Rs 20, whichever is lower | 0.25% |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | 0.03% |
| Equity Futures | 0.03% or Rs 20, whichever is lower | 0.03% |
| Equity Options | Rs 20 per executed order | Rs 25 per lot |
| Currency Futures | 0.03% or Rs 20, whichever is lower | 0.03% |
| Currency Options | Rs 20 per executed order | Rs 25 per lot |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | 0.03% |
| Commodity Options | Rs 20 per executed order | Rs 25 per lot |
| Open Fyers Account |
| Minimum Brokerage | Rs 25 or 2.5% of Trade Value whichever is lower | |
| Other Charges | Auto Square-off charges: Rs 50 per order, NRI Brokerage: Rs 50 (equity delivery) | |
| Call & Trade Charges | Rs 50 per order | Additional Rs 25 per executed order |
| Open Fyers Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Yes Securities margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Fyers | Yes 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 |
The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next, Fyers One. Yes Securities offers OMNI on Mobile, OMNI on Web & OMNI on Desktop trading software.
| Fyers | Yes Securities | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | Fyers App, Fyers Web, Fyers Next, Fyers One | OMNI on Mobile, OMNI on Web & OMNI on Desktop |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | API Trading | |
| Open Fyers Account |
Fyers is rated of 5 based on 39 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| Fyers | Yes Securities | |
|---|---|---|
| 39 Customer Reviews | 5 Customer Reviews | |
| Fees | ||
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| Overall Rating | ||
| Broker Rating | Fyers is Rated 2.9 / 5 based on 39 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| Fyers | Yes Securities | |
|---|---|---|
| Contact Broker | ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | 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 | Yes Securities | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| Fyers | Yes Securities | |
|---|---|---|
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| Promo / Offers | Fyers Special OfferFYERS Trade Smart. Pay Less
This is a limited-time offer. Open FREE Fyers Trading 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 |