Unlimited Trading @ Rs 899 per month - Prostocks

Indiabulls Vs Fyers (Compare Indiabulls and Fyers)

The side-by-side comparison of Indiabulls and Fyers. Compare Indiabulls Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Indiabulls review.

Find out Indiabulls Vs Fyers which is better and Indiabulls Vs Fyers which is best.

Our Indiabulls Ventures Limited comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Indiabulls and Fyers.

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Indiabulls Vs Fyers

  Indiabulls Fyers
Find more info about broker
Indiabulls Ventures Limited Logo Fyers Securities Ltd Logo
About the Broker Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ... Know more about Indiabulls Ventures Limited 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", representi... Know more about Fyers Securities Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE and MCX NSE, MCX
Account Type Equity Unlimited Trade Flat Fee Brokerage Plan
Broker Enquiry Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 2015
Number of Branches 18 0
Enquire Indiabulls Enquire Fyers
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Indiabulls Vs Fyers Charges

  Indiabulls Fyers
Trading Account Opening Fees ₹500 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹450 ₹400
Demat Account is Mandatory? No No
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Indiabulls Vs Fyers Brokerage

Brokerage Plan 1

  Indiabulls Fyers
Account Type Equity Unlimited Trade Flat Fee Brokerage Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 per trade ₹20 per executed order
Currency Futures Trading Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 per trade ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03%
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Special Offer: FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

Brokerage Plan 2

  Indiabulls Fyers
Account Type F&O Unlimited Trade Flat Fee Brokerage Plan
Fixed Charges ₹1000 NA
Equity Delivery Brokerage ₹15 per trade ₹0 (Free)
Equity Intraday Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹0 (Free) ₹20 per executed order
Currency Futures Trading Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 (Free) ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 3

  Indiabulls Fyers
Account Type Base Plan Flat Fee Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 per executed order ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03%

Other Charges

Minimum Brokerage Charges ₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹0 (Free) ₹20 per trade
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Indiabulls Vs Fyers Taxes

  Indiabulls Fyers
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Indiabulls Vs Fyers Transaction Charges

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

  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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Indiabulls and Fyers Feature Comparison

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

  Indiabulls Fyers
  45 Customer Reviews    Rate Indiabulls 12 Customer Reviews    Rate Fyers
Fees 3.4 3.5
Trading Brokerage 3.1 3.8
Trading Platform Usability 3.8 3.5
Customer Service 3.1 4.2
Research Capabilities
Overall Ratings Rated 3.2 stars Rated 3.9 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Fyers is Rated 3.9 / 5 based on 12 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire Fyers Enquire
Contact Broker

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

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Indiabulls Vs Fyers Investment Options

  Indiabulls Fyers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds No No
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Indiabulls Vs Fyers Customer Service

  Indiabulls Fyers
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Indiabulls Vs Fyers Order Type Offered

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

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

  Indiabulls Fyers
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Indiabulls Vs Fyers - Advantages and Disadvantages

  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 ₹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.

More Advantages...

  • 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!

More Advantages...

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.

More Disadvantages...

  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews
Promo / Offers

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

Get this limited time offer

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

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