Sharekhan Vs Fyers (Compare Sharekhan and Fyers)

The side-by-side comparison of Sharekhan and Fyers. Compare Sharekhan Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs Fyers?


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


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 at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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Sharekhan Vs Fyers

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

  Sharekhan Fyers
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE, MCX
Account Type Classic Account Flat Fee Brokerage Plan
Year of Incorporation 2000 2015
Number of Branches 2800 0
Broker Enquiry Open an Online Trading Account with Sharekhan. 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.
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Sharekhan Vs Fyers Charges & AMC

Sharekhan trading account opening charges is ₹0 (Free) while Fyers account opening changes is ₹400 (Free). Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year) and Fyers Demat Account AMC Charges is ₹300.

  Sharekhan Fyers
Trading Account Opening Charges ₹0 (Free) ₹400 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹400 (Free for 1st year) ₹300
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Sharekhan Vs Fyers Brokerage Charges & Plans

Sharekhan Vs Fyers Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

  Sharekhan Fyers
Account Type Classic Account Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.10% ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.10% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage ₹50 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.10% ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage 0.03% ₹20 per executed order
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Sharekhan Vs Fyers Brokerage Plan 2

  Sharekhan Fyers
Account Type Prepaid - ₹1 Lakh Flat Fee Brokerage Plan
Fixed Charges ₹1,00,000 per year NA
Equity Delivery Brokerage 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.015% ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.015% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage 0.05% or ₹63 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order
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Sharekhan Vs Fyers Brokerage Plan 3

  Sharekhan Fyers
Account Type Margin - ₹1 Lakh Flat Fee Brokerage Plan
Fixed Charges ₹1,00,000 margin NA
Equity Delivery Brokerage 0.25% ₹0 (Free)
Equity Intraday Brokerage 0.05% ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage 1% or ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order
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Sharekhan Charges Vs Fyers

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges Rs 20 ₹20 per trade
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Sharekhan Vs Fyers Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while Fyers exchange transaction charges for options is ₹5900 per Cr (on premium) (0.059%).

  Sharekhan Fyers
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) ₹325 per Cr (0.00325%)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) ₹240 per Cr (0.0024%)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) ₹5900 per Cr (on premium) (0.059%)
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) ₹240 per Cr (0.0024%)
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) ₹5900 per Cr (on premium) (0.059%)
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) NA
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Sharekhan Vs Fyers Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

  Sharekhan Fyers
Equity Delivery Upto 5x with 24% interest per year 1 times
Equity Intraday Upto 10x Up to 16x (based on the stock)
Equity Futures 2x for Intraday Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures Upto 2x for Intraday NA
Commodity Options
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Compare Sharekhan and Fyers Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Fyers offers Fyers One (In-house build) trading software.

  Sharekhan 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)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Fyers One (In-house build)
Intraday Square-off Time 3:30 PM 3:20 PM
Other Features Pattern finder, Class room training Brokerage free thematic investing is available
Referral Program Yes
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Sharekhan Vs Fyers Review

Sharekhan is rated 3.3 of 5 based on 289 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

  Sharekhan Fyers
  289 Customer Reviews    Rate Sharekhan 14 Customer Reviews    Rate Fyers
Fees 3.1 3.6
Trading Brokerage 2.8 4.0
Trading Platform Usability 3.7 3.6
Customer Service 3.3 4.3
Research Capabilities 3.1 2.0
Overall Ratings Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 289 customer reviews Fyers is rated 4.0 of 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Fyers Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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Sharekhan Vs Fyers Investment Options

  Sharekhan 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 Loans, NRI Trading
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Sharekhan Vs Fyers Order Type Offered

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

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

  Sharekhan Fyers
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs Fyers - Pros and Cons

  Sharekhan Fyers
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • 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!
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹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.

Enquire SharekhanEnquire Fyers

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