The side-by-side comparison of Zerodha and Fyers. Compare Zerodha Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Fyers?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.
Zerodha | Fyers | |
---|---|---|
Type of Broker | Discount Broker | Discount Broker |
Supported Exchnages | NSE, BSE, MCX and NCDEX | NSE, MCX |
Account Type | Flat Brokerage Plan | Flat Fee Brokerage Plan |
Year of Incorporation | 2010 | 2015 |
Number of Branches | 22 | 0 |
Broker Enquiry |
![]() |
![]() |
Enquire Zerodha | Enquire Fyers |
Zerodha trading account opening charges is Rs 200 while Fyers account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Fyers Demat Account AMC Charges is Rs 300.
Zerodha | Fyers | |
---|---|---|
Trading Account Opening Charges | Rs 200 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 300 | Rs 300 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.
Zerodha | Fyers | |
---|---|---|
Account Type | Flat Brokerage Plan | Flat Fee Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | Intra-day: Rs 7 or 2.5% whichever is lower |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) |
Call & Trade Charges | Rs 50 per executed order | Rs 20 per trade |
Zerodha transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).
Zerodha | Fyers | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 325 per Cr (0.00325%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 325 per Cr (0.00325%) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | Rs 240 per Cr (0.0024%) |
Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) | Rs 5900 per Cr (on premium) (0.059%) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | Rs 240 per Cr (0.0024%) |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | Rs 5900 per Cr (on premium) (0.059%) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | NA |
Enquire Zerodha | Enquire Fyers |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).
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 | ||
Enquire Zerodha | Enquire Fyers |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Fyers offers Fyers One (In-house build) trading software.
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 Mobile for Android/iOS and Coin | Fyers One (In-house build) |
Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:20 PM |
Other Features | Direct Mutual Funds, APIs for Algo Trading | Brokerage free thematic investing is available |
Referral Program | ![]() |
![]() |
Enquire Zerodha | Enquire Fyers |
Zerodha is rated 3.7 of 5 based on 409 customer reviews whereas Fyers is rated 3.8 of 5 based on 15 customer reviews.
Zerodha | Fyers | |
---|---|---|
Bracket Order | ![]() |
![]() |
Cover Order | ![]() |
![]() |
Buy Today Sell Tomorrow (BTST) | ![]() |
![]() |
Sell Today Buy Tomorrow (STBT) | ![]() |
![]() |
After Market Order(AMO) | ![]() |
![]() |
Good Till Cancelled (GTC) | ![]() |
![]() |
Enquire Zerodha | Enquire Fyers |
Zerodha | Fyers | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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. |
Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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 Zerodha | Enquire Fyers |
Fyers and Zerodha are both online discount brokers. They offer similar services and have the same brokerage rates. They both are technology-focused brokers. Zerodha is the largest discount broker while Fyers is carving out its own niche in the market. Both companies are transparent with their pricing and work towards gaining customer confidence.
Zerodha | Fyers |
---|---|
Zerodha doesn't offer Installable Trading Terminal. |
Fyers offer an installable trading terminal. It is in-house build software which is among the best in industry. |
Zerodha offers API though an add-on service Streak which is charged extra. |
Fyers offers API Bridge for Algo trading. |
Zerodha is offering brokerage services since 2010. |
Fyers offering services since 2015. |
For casual investors, Zerodha and Fyers are almost the same. Both offer free equity delivery and Rs 20 per order on other types of trades. Zerodha offers Varsity, an online investor education platform to learn and sharpen your trading knowledge.
Zerodha has a slight advantage over Fyers for its long industry experience and ability to handle lakhs of customers.
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc