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Zerodha Vs Fyers (Compare Zerodha and Fyers)

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 Vs Fyers

	Zerodha	Fyers Securities Ltd
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Fyers Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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 Securities Ltd
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 Securities Ltd
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 Ltd
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)	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	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Zerodha Vs Fyers Transaction Charges

	Zerodha	Fyers Securities Ltd
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 Securities Ltd
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 Securities Ltd
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 Securities Ltd
	348 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 348 customer reviews	Fyers is Rated 3.7 / 5 based on 10 customer reviews

Contact Broker / Request A Call Back

	Zerodha	Fyers Securities Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Zerodha Vs Fyers Investment Options

	Zerodha	Fyers Securities Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Fyers Customer Service

	Zerodha	Fyers Securities Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Zerodha Vs Fyers Order Type Offered

	Zerodha	Fyers Securities Ltd
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 Securities Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Fyers Suitable For Investor Type

	Zerodha	Fyers Securities Ltd
Casual Investor
Active Investor
Trader

Zerodha Vs Fyers - Advantages and Disadvantages

Zerodha

Fyers Securities Ltd

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.

More Advantages...

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!

More Advantages...

Cons

Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra Rs 20 order.
Doesn't provide options to invest in IPO, Bond and NCD's public offers.
Margin funding is not available.
GTC/GTD not available in Equity.

More Disadvantages...

Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews

Promo / Offers

Truly 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 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.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Enquire about Zerodha

Enquire about Fyers

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