Sharekhan vs Fyers – Point by Point Comparison

In a point by point comparison between Sharekhan and Fyers, we found that both of them offers a great trading platform. Sharekhan back it up with number of locations while Fyers operates with capped pricing of Rs. 100 per trade.

    Sharekhan FYERS
Basic Information Type of Broker Full Service Broker Discount Broker
  Exchanges BSE, NSE, MCX, NSEL & NCDEX NSE
  Fees for Opening Trading Account Rs. 750 NIL
  Annual Maintenance Charges of Trading Account Rs. 450 NIL
  Fees for Opening Demat Account Nil NIL
  Annual Maintenance Charges of Demat Account Rs. 400 Rs 400
Brokerage Charges Equity Delivery Charges 0.50% 0.1% or Max Rs 100 (Whichever is lower)
  Equity Intraday Charges 0.10% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Future Charges 0.10% 0.01% or Max Rs 100 (Whichever is lower)
  Equity Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs 10 per lot or Max 100 (Whichever is lower)
  Currency Futures Charges 0.10% 0.01% or Max Rs 100 (Whichever is lower)
  Currency Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs 10 per lot or Max 100 (Whichever is lower)
  Commodity Charges 0.10% NA
  Minimum Brokerage Charges Rs. 0.10 per share NA
Transaction Charges Equity Delivery 0.1% from both sides As Applicable
  Equity Intraday 0.03% As Applicable
  Equity Futures 0.17% from selling side As Applicable
  Equity Options 0.017% on premium from selling side As Applicable
  Currency Futures 0.17% from selling side As Applicable
  Currency Options 0.017% on premium from selling side As Applicable
  Commodity 0.00% 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 Trade Tiger 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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