Sharekhan Vs Fyers (Compare Sharekhan and Fyers)

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
Exchnage Membership	BSE, NSE, MCX	NSE, MCX
Year of Incorporation	2000	2015
Number of Branches	2800	0
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Sharekhan Vs Fyers Charges & AMC

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
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 Vs Fyers Brokerage

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
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 Vs Fyers Brokerage Plan 2

	Sharekhan	Fyers
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
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Sharekhan Vs Fyers Brokerage Plan 3

	Sharekhan	Fyers
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
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Sharekhan Charges Vs Fyers

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 Vs Fyers Transaction Charges

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
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
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Sharekhan Vs Fyers Leverage (Margin)

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
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)
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
Other Features	Pattern finder, Class room training	Brokerage free thematic investing is available
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Sharekhan Vs Fyers Review

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	Fyers
	312 Customer Reviews	31 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 312 customer reviews	Fyers is rated 3.0 of 5 based on 31 customer reviews

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Sharekhan Vs Fyers Investment Options

	Sharekhan	Fyers
Stock / Equity
Commodity
Currency
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 Rs 20 per trade. Free account opening. 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 Rs 400 as AMC for trading account in addition to Rs 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	Sharekhan Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. 1 Year FREE access to TradeTiger Trading Terminal. This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
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