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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...

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...

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
	Enquire Sharekhan	Enquire Fyers

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

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
	Enquire Sharekhan	Enquire Fyers

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
	Enquire Sharekhan	Enquire Fyers

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

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
	Enquire Sharekhan	Enquire Fyers

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
	Enquire Sharekhan	Enquire Fyers

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
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
	Enquire Sharekhan	Enquire Fyers

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	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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

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. Name Phone # Email City Name State Are you a day trader?	Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

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 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)
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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 - 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 Sharekhan	Enquire Fyers

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