The side-by-side comparison of Zerodha and Fyers. Compare Zerodha Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Zerodha review.
Find out Zerodha Vs Fyers which is better and Zerodha Vs Fyers which is best.
Our Zerodha comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Zerodha and Fyers.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
NSE, MCX
Account Type
Standard Plan
Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation
2010
2015
Number of Branches
22
0
Zerodha Vs Fyers Charges
Zerodha
Fyers
Trading Account Opening Fees
₹200
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Demat Account Opening Fees
₹100
₹0 (Free)
Demat Account AMC
₹300
₹400
Demat Account is Mandatory?
No
No
Zerodha Vs Fyers Brokerage
Brokerage Plan 1
Zerodha
Fyers
Account Type
Standard Plan
Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
₹0 (Free)
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
NA
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
₹20 per executed order
₹20 per trade
Zerodha Vs Fyers Taxes
Zerodha
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.
Zerodha Vs Fyers Transaction Charges
Zerodha
Fyers
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹325 per crore (0.00325%)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹325 per crore (0.00325%)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
₹240 per crore (0.0024%)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
₹5900 per crore (on premium) (0.059%)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹240 per crore (0.0024%)
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
₹5900 per crore (on premium) (0.059%)
Commodity
Group A - ₹260 per Cr (0.0026%)
NA
Zerodha Vs Fyers Exposure Margin
Zerodha
Fyers
Equity Delivery
1x (no margin)
1 times
Equity Intraday
Up to 20x (based on the stock)
Up to 16x (based on the stock)
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
NA
Commodity Options
Zerodha and Fyers Feature Comparison
Zerodha
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
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Fyers One (In-house build)
Intraday Square-off Time
3:10 PM
3:20 PM
Other Features
Direct Mutual Funds, APIs
Brokerage free thematic investing is available
Referral Program
Zerodha Vs Fyers Review
Zerodha
Fyers
354 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Zerodha is Rated 3.8 / 5 based on 354 customer reviews
Fyers is Rated 3.7 / 5 based on 10 customer reviews
Contact Broker / Request A Call Back
Zerodha Enquire
Fyers Enquire
Contact Broker
Zerodha Vs Fyers Investment Options
Zerodha
Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Fyers Customer Service
Zerodha
Fyers
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs Fyers Order Type Offered
Zerodha
Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs Fyers Research Report
Zerodha
Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs Fyers Suitable For Investor Type
Zerodha
Fyers
Casual Investor
Active Investor
Trader
Zerodha Vs Fyers - Advantages and Disadvantages
Zerodha
Fyers
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
Zerodha
Zero Account Opening Fee