Indiabulls Vs Fyers (Compare Indiabulls and Fyers)

Indiabulls Vs Fyers

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	Indiabulls	Fyers
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE and MCX	NSE, MCX
Account Type	Equity Unlimited Trade	Flat Fee Brokerage Plan
Year of Incorporation	2000	2015
Number of Branches	18	0
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Indiabulls Vs Fyers Charges & AMC

Indiabulls trading account opening charges is Rs 500 while Fyers account opening changes is Rs 0 (Free). Indiabulls Demat Account AMC Charges is Rs 450 and Fyers Demat Account AMC Charges is Rs 300.

	Indiabulls	Fyers
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 300

Indiabulls Vs Fyers Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Indiabulls	Fyers
Account Type	Equity Unlimited Trade	Flat Fee Brokerage Plan
Fixed Charges	Rs 1000	NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday Brokerage	Rs 0 (Free)	Rs 20 per executed order or .03% whichever is lower
Equity Futures Brokerage	Rs 15 per trade	Rs 20 per executed order or .03% whichever is lower
Equity Options Brokerage	Rs 15 per trade	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 15 per trade	Rs 20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	Rs 15 per trade	Rs 20 per executed order
Commodity Futures Trading Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	0.03%	Rs 20 per executed order
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer	Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer

Indiabulls Vs Fyers Brokerage Plan 2

	Indiabulls	Fyers
Account Type	F&O Unlimited Trade	Flat Fee Brokerage Plan
Fixed Charges	Rs 1000	NA
Equity Delivery Brokerage	Rs 15 per trade	Rs 0 (Free)
Equity Intraday Brokerage	Rs 15 per trade	Rs 20 per executed order or .03% whichever is lower
Equity Futures Brokerage	Rs 0 (Free)	Rs 20 per executed order or .03% whichever is lower
Equity Options Brokerage	Rs 0 (Free)	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 0 (Free)	Rs 20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	Rs 0 (Free)	Rs 20 per executed order
Commodity Futures Trading Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	0.03%	Rs 20 per executed order
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Indiabulls Vs Fyers Brokerage Plan 3

	Indiabulls	Fyers
Account Type	Base Plan	Flat Fee Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday Brokerage	Rs 15 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures Brokerage	Rs 15 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options Brokerage	Rs 15 per executed order	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 15 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	Rs 15 per executed order	Rs 20 per executed order
Commodity Futures Trading Brokerage	0.03%	Rs 20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	0.03%	Rs 20 per executed order
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Indiabulls Charges Vs Fyers

Minimum Brokerage Charges	Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)	Intra-day: Rs 7 or 2.5% whichever is lower
Other Brokerage Charges		Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Rs 0 (Free)	Rs 20 per trade

Indiabulls Vs Fyers Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

	Indiabulls	Fyers
Equity Delivery	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per crore (0.00325%)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 250 per crore (0.0025%)	Rs 240 per Cr (0.0024%)
Equity Options	Rs 5500 per crore (on premium) (0.055%)	Rs 5900 per Cr (on premium) (0.059%)
Currency Futures	Rs 250 per crore (0.0025%)	Rs 240 per Cr (0.0024%)
Currency Options	Rs 5500 per crore (on premium) (0.055%)	Rs 5900 per Cr (on premium) (0.059%)
Commodity		NA
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Indiabulls Vs Fyers Leverage (Margin)

Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

	Indiabulls	Fyers
Equity Delivery	1x (no margin)	1 times
Equity Intraday	Up to 5x (based on the stock)	Up to 16x (based on the stock)
Equity Futures	Intra-day: 4x | Carry forward: 1x (no margin)	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intra-day: 4x | Carry forward: 1x	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	Intra-day: 2x | Carry forward: 1x	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intra-day: 2x | Carry forward: 1x	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	NA	NA
Commodity Options	NA
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Compare Indiabulls and Fyers Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Fyers offers Fyers One (In-house build) trading software.

	Indiabulls	Fyers
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	SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)	Fyers One (In-house build)
Intraday Square-off Time		3:20 PM
Other Features	Live News, World market summary	Brokerage free thematic investing is available
Referral Program
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Indiabulls Vs Fyers Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas Fyers is rated 3.8 of 5 based on 15 customer reviews.

	Indiabulls	Fyers
	50 Customer Reviews	15 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 50 customer reviews	Fyers is rated 3.8 of 5 based on 15 customer reviews

Indiabulls Vs Fyers Investment Options

	Indiabulls	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Indiabulls Vs Fyers Order Type Offered

	Indiabulls	Fyers
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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Indiabulls Vs Fyers Research Report

	Indiabulls	Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Indiabulls Vs Fyers Suitable For Investor Type

	Indiabulls	Fyers
Casual Investor
Active Investor
Trader

Indiabulls Vs Fyers - Pros and Cons

	Indiabulls	Fyers
Pros	Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades. Interest-free Margin Funding in Unlimited Trading plan. Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan. Free trading software. Free research reports and trading tips to all the customers. Years of experience, trust and good track record in stock broker business.	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!
Cons	Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App. Local branch support is not available to online customers. Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans. Margin against share is not available in Unlimited Trading Plans.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers	Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 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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