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About 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 the last 10+ years though it's a very successful online trading platform and a chain of franchises located in almost every part of India. Sharekhan also has an inter...
About 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...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | NSE, MCX |
Year of Incorporation | 2000 | 2015 |
Number of Branches | 2800 | 0 |
Open Fyers Account |
Sharekhan trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Fyers Demat Account AMC Charges is Rs 0 (Free).
Sharekhan | Fyers | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 0 (Free) |
Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.
Account Type | Sharekhan Classic Account | Fyers Flat Fee Brokerage Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | Rs 0 (Free) |
Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 20 per executed order or .03% whichever is lower |
Equity Futures | 0.02% per transaction value | Rs 20 per executed order or .03% whichever is lower |
Equity Options | Rs 20 per lot | Rs 20 per executed order |
Currency Futures | 0.02% per transaction value | Rs 20 per executed order or .03% whichever is lower |
Currency Options | Rs 5 per lot | Rs 20 per executed order |
Commodity Futures | 0.02% | Rs 20 per executed order or .03% whichever is lower |
Commodity Options | Rs 20 per lot | Rs 20 per executed order |
Special Offer | Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. |
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
Sharekhan | Fyers | |
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Account Type | Prepaid - Rs 1 Lakh | Flat Fee Brokerage Plan |
Fixed Charges | Rs 1,00,000 per year | NA |
Equity Delivery | 0.10% | Rs 0 (Free) |
Equity Intraday | 0.015% | Rs 20 per executed order or .03% whichever is lower |
Equity Futures | 0.015% | Rs 20 per executed order or .03% whichever is lower |
Equity Options | 0.05% or Rs 63 per lot | Rs 20 per executed order |
Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
Currency Options | Rs 20 per executed order | |
Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
Commodity Options | Rs 20 per executed order | |
Open Fyers Account |
Sharekhan | Fyers | |
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Account Type | Margin - Rs 1 Lakh | Flat Fee Brokerage Plan |
Fixed Charges | Rs 1,00,000 margin | NA |
Equity Delivery | 0.25% | Rs 0 (Free) |
Equity Intraday | 0.05% | Rs 20 per executed order or .03% whichever is lower |
Equity Futures | 0.05% | Rs 20 per executed order or .03% whichever is lower |
Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
Currency Options | Rs 20 per executed order | |
Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
Commodity Options | Rs 20 per executed order | |
Open Fyers Account |
Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Intra-day: Rs 7 or 2.5% whichever is lower |
Other Charges | Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) | |
Call & Trade Charges | Rs 20 | Rs 20 per trade |
Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Fyers exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
Sharekhan | Fyers | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5050 per Cr (0.0505%) (on premium) | NSE Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | NSE Rs 95 per Cr (0.00095%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 3500 per Cr (0.035%) (on premium) |
Commodity | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) | NA |
Open Fyers Account |
Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Sharekhan | Fyers | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open Fyers Account |
The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Fyers offers Fyers One (In-house build) trading software.
Sharekhan | Fyers | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding | ![]() |
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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 |
Trading In SME Shares Allowed? | ||
Referral Program | ![]() |
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Other Features | Pattern finder, Class room training | Brokerage free thematic investing is available |
Open Fyers Account |
Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Fyers is rated 3.0 of 5 based on 31 customer reviews.
Sharekhan Enquire | Fyers Enquire | |
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Contact Broker | Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
Sharekhan | Fyers | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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IPO | ![]() |
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Debt | ![]() |
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Other Investment Options | Loans, NRI Trading |
Sharekhan | Fyers | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Open Fyers Account |
Sharekhan | Fyers | |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Sharekhan | Fyers | |
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Casual Investor | ![]() |
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Active Investor | ![]() |
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Trader | ![]() |
Sharekhan | Fyers | |
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Reviews | ||
Promo / Offers | Sharekhan Special OfferRs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
Open Fyers Account |
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FREE Account Opening (₹0)
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