Angel Broking vs Fyers – Point by Point Comparison

Angel Broking is among the largest non bank promoted brokers whereas Fyers is a new age discount brokers. Both of them offers great trading platform however Angel back it up with dealer support and pan India branch presence. Fyers has worked extensively on developing decision making and research tools for traders. Moreover, Fyers capped their brokerage at Rs. 100 per trade.

    Angel Broking FYERS
Basic Information Type of Broker Full Service Discount Broker
  Exchanges BSE, NSE, MCX, MCX-SX NSE
  Fees for Opening Trading Account Rs. 600 NIL
  Annual Maintenance Charges of Trading Account Nil NIL
  Fees for Opening Demat Account Nil NIL
  Annual Maintenance Charges of Demat Account Rs. 300 Rs 400
Brokerage Charges Equity Delivery Charges 0.1% to 0.4% 0.1% or Max Rs 100 (Whichever is lower)
  Equity Intraday Charges 0.1% to 0.4% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Future Charges 0.1% to 0.4% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Options Charges Rs. 30 to Rs. 50 per lot Rs 10 per lot or Max 100 (Whichever is lower)
  Currency Futures Charges 0.1% to 0.4% 0.01% or Max Rs 100 (Whichever is lower)
  Currency Options Charges Rs. 12 to Rs. 15 per lot Rs 10 per lot or Max 100 (Whichever is lower)
  Commodity Charges 0.1% to 0.4% NA
  Minimum Brokerage Charges Rs. 0.10 per share NA
Transaction Charges Equity Delivery 0.00% As Applicable
  Equity Intraday 0.00% As Applicable
  Equity Futures 0.00% As Applicable
  Equity Options 0.05% on Premium As Applicable
  Currency Futures 0.00% As Applicable
  Currency Options 0.05% on Premium As Applicable
  Commodity For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030% As Applicable
Features 3-in-1 Account N N
  Mobile Trading Y Y
  Acceptance of Orders After Trading Hours Y Y
  SMS Alerts Y N
  Online Demo Y Y
  Online Portfolio Y Y
  Trading Platform Angel Lite, Angel Swift, Angel Eye & Speed Pro 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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