Anand Rathi vs Fyers – Point by Point Comparison

Here is the comparison between a full service broker, Anand Rathi and a Discount Broker, Fyers. While Anand Rathi focuses on trading assistance through dealers, Fyers provide unique tools in its trading platform that helps in better decision making.

  Anand Rathi FYERS
Basic Information Type of Broker Full Service Broker Discount Broker
  Exchanges BSE, NSE, MCX, NCDEX and NSEL NSE
  Fees for Opening Trading Account Rs. 750 NIL
  Annual Maintenance Charges of Trading Account Nil NIL
  Fees for Opening Demat Account Rs. 300 NIL
  Annual Maintenance Charges of Demat Account Rs. 550 Rs 400
Brokerage Charges Equity Delivery Charges 0.5% to 0.15% 0.1% or Max Rs 100 (Whichever is lower)
  Equity Intraday Charges 0.05% to 0.15% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Future Charges 0.05% to 0.15% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Options Charges 2% to 0.5% on premium or Rs. 75 to Rs. 20 Rs 10 per lot or Max 100 (Whichever is lower)
  Currency Futures Charges 0.05% to 0.15% 0.01% or Max Rs 100 (Whichever is lower)
  Currency Options Charges 2% to 0.5% on premium or Rs. 75 to Rs. 20 Rs 10 per lot or Max 100 (Whichever is lower)
  Commodity Charges 0.008% to 0.05% NA
  Minimum Brokerage Charges NA NA
Transaction Charges Equity Delivery 0.00% As Applicable
  Equity Intraday 0.00% As Applicable
  Equity Futures For BSE: 0.0021% & for NSE: 0.0041% As Applicable
  Equity Options 0.07% on Premium As Applicable
  Currency Futures 0.00% As Applicable
  Currency Options 0.07% on Premium As Applicable
  Commodity 0.00% As Applicable
Features 3-in-1 Account N N
  Mobile Trading Y Y
  Acceptance of Orders After Trading Hours NA Y
  SMS Alerts Y N
  Online Demo Y Y
  Online Portfolio Y Y
  Trading Platform NA Fyers One, Fyers Webtrader, Fyers Markets
Investment Services Stock/ Equity Y Y
  Commodity Y N
  Currency Y Y
  IPO (Initial Public Offers) Y Y
  Mutual Funds Y Y
  Debt Y N
  Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
  Email Y Y
  Phone Y Y
  Online Live Chat Y N
  Branch Support Y N
Reports Daily  Market Report Y N
  Quarterly Analysis of Results Y N

 

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