Is Fyers better than Zerodha?

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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.


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