Unlimited Trading @ Rs 899 per month - Prostocks

Religare Vs Fyers (Compare Religare and Fyers)

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

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

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

Expand

Religare Vs Fyers

  Religare Fyers
Find more info about broker
Religare Logo Fyers Securities Ltd Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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 Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX NSE, MCX
Account Type My Saver Online Plan Flat Fee Brokerage Plan
Broker Enquiry Open an Online Trading Account with Religare. 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 1994 2015
Number of Branches 1500 0
Enquire Religare Enquire Fyers
Expand

Religare Vs Fyers Charges

  Religare Fyers
Trading Account Opening Fees ₹500 ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil ₹0 (Free)
Demat Account AMC ₹400 from second year onward ₹400
Demat Account is Mandatory? No No
Expand

Religare Vs Fyers Brokerage

Brokerage Plan 1

  Religare Fyers
Account Type My Saver Online Plan Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.050% to 0.010% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.05% NA
Commodity Options Trading Brokerage ₹30 per lot
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer
Special Offer: FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

Other Charges

Minimum Brokerage Charges 1p per share
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹10 per executed order (max ₹50 per day) ₹20 per trade
Expand

Religare Vs Fyers Taxes

  Religare 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.
Expand

Religare Vs Fyers Transaction Charges

  Religare Fyers
Equity Delivery 0.0037% ₹325 per Cr (0.00325%)
Equity Intraday 0.0037% ₹325 per Cr (0.00325%)
Equity Futures 0.004% ₹240 per Cr (0.0024%)
Equity Options 0.06% on Premium ₹5900 per Cr (on premium) (0.059%)
Currency Futures 0.004% ₹240 per Cr (0.0024%)
Currency Options 0.06% on Premium ₹5900 per Cr (on premium) (0.059%)
Commodity 0.0035% NA
Expand

Religare Vs Fyers Exposure Margin

  Religare Fyers
Equity Delivery Upto 4x with 24% interest per year 1 times
Equity Intraday Upto 10x Up to 16x (based on the stock)
Equity Futures Upto 3x Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Upto 3x for shorting Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures Upto 2x Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options 2x for shorting Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures Upto 3x NA
Commodity Options
Expand

Religare and Fyers Feature Comparison

  Religare 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 No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami Fyers One (In-house build)
Intraday Square-off Time 3:20 PM
Other Features Mutual Fund, EMI Calculator Brokerage free thematic investing is available
Referral Program Yes
Expand

Religare Vs Fyers Review

  Religare Fyers
  72 Customer Reviews    Rate Religare 12 Customer Reviews    Rate Fyers
Fees 3.2 3.5
Trading Brokerage 3.1 3.8
Trading Platform Usability 3.0 3.5
Customer Service 3.0 4.2
Research Capabilities
Overall Ratings Rated 2.9 stars Rated 3.9 stars
Broker Rating Religare is Rated 2.9 / 5 based on 72 customer reviews Fyers is Rated 3.9 / 5 based on 12 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Enquire Fyers Enquire
Contact Broker

Get Free Trading + Demat Account for limited time. Get the offer

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

Expand

Religare Vs Fyers Investment Options

  Religare Fyers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options
Expand

Religare Vs Fyers Customer Service

  Religare Fyers
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
Expand

Religare Vs Fyers Order Type Offered

  Religare Fyers
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

Religare Vs Fyers Research Report

  Religare Fyers
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Religare Vs Fyers Suitable For Investor Type

  Religare Fyers
Casual Investor
Active Investor Yes
Trader Yes
Expand

Religare Vs Fyers - Advantages and Disadvantages

  Religare Fyers
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

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
  • EXE Based trading terminal are available for ₹999 per annum.
  • Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).

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

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get ₹0 AMC on Demat Account for 1st year.

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

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.

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App