The side-by-side comparison of Sharekhan and Fyers. Compare Sharekhan Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Sharekhan review.
Find out Sharekhan Vs Fyers which is better and Sharekhan Vs Fyers which is best.
Our Sharekhan comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Fyers.
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 & f...
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...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
NSE, MCX
Account Type
Classic Account
Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation
2000
2015
Number of Branches
2800
0
Sharekhan Vs Fyers Charges
Sharekhan
Fyers
Trading Account Opening Fees
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Demat Account Opening Fees
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (Free for 1st year)
₹400
Demat Account is Mandatory?
No
No
Sharekhan Vs Fyers Brokerage
Brokerage Plan 1
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 .01% whichever is lower
Equity Futures Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹50 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹30 per lot
₹20 per executed order
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
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 .01% whichever is lower
Equity Futures Brokerage
0.015%
₹20 per executed order or .01% 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 .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
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 .01% whichever is lower
Equity Futures Brokerage
0.05%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
1% or ₹70 per lot
₹20 per executed order
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
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
Sharekhan Vs Fyers Taxes
Sharekhan
Fyers
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% 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.
Sharekhan Vs Fyers Transaction Charges
Sharekhan
Fyers
Equity Delivery
NSE ₹325 | BSE ₹275
₹325 per crore (0.00325%)
Equity Intraday
NSE ₹325 | BSE ₹275
₹325 per crore (0.00325%)
Equity Futures
NSE ₹190 | BSE ₹50
₹240 per crore (0.0024%)
Equity Options
NSE ₹5000 | BSE ₹50
₹5900 per crore (on premium) (0.059%)
Currency Futures
NSE ₹135 | MCX ₹130
₹240 per crore (0.0024%)
Currency Options
NSE ₹4220 | MCX ₹3220
₹5900 per crore (on premium) (0.059%)
Commodity
MCX (Non-Agri) ₹230 | MCX (Agri) ₹95
NA
Sharekhan Vs Fyers Exposure Margin
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
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
NA
Commodity Options
Sharekhan and Fyers Feature Comparison
Sharekhan
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
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
Sharekhan Vs Fyers Review
Sharekhan
Fyers
277 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Sharekhan is Rated 3.4 / 5 based on 277 customer reviews
Fyers is Rated 3.7 / 5 based on 10 customer reviews
Contact Broker / Request A Call Back
Sharekhan Enquire
Fyers Enquire
Contact Broker
Sharekhan Vs Fyers Investment Options
Sharekhan
Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Sharekhan Vs Fyers Customer Service
Sharekhan
Fyers
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs Fyers Order Type Offered
Sharekhan
Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs Fyers Research Report
Sharekhan
Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs Fyers Suitable For Investor Type
Sharekhan
Fyers
Casual Investor
Active Investor
Trader
Sharekhan Vs Fyers - Advantages and Disadvantages
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.
Zerodha
Zero Account Opening Fee