Zerodha vs Fyers – Point by Point Comparison

It is a really tight comparison between Zerodha and Fyers as both are discount brokers with excellent trading platform. While Zerodha offers pricing of Rs. 20 per trade, Fyers concentrates more on developing decision making tools for trading and charges brokerage of 0.01% and 0.1% capped at Rs.100 per trade.

    Zerodha FYERS
Basic Information Type of Broker Discount Broker Discount Broker
  Exchanges BSE, NSE, MCX-SX, MCX NSE
  Fees for Opening Trading Account Rs. 300 NIL
  Annual Maintenance Charges of Trading Account Nil NIL
  Fees for Opening Demat Account Rs. 150 NIL
  Annual Maintenance Charges of Demat Account Rs. 400 Rs 400
Brokerage Charges Equity Delivery Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% or Max Rs 100 (Whichever is lower)
  Equity Intraday Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Equity Future Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Equity Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs 10 per lot or Max 100 (Whichever is lower)
  Currency Futures Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Currency Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs 10 per lot or Max 100 (Whichever is lower)
  Commodity Charges 0.01% or Rs. 20 per executed order. Whichever is lower NA
  Minimum Brokerage Charges Nil NA
Transaction Charges Equity Delivery For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% As Applicable
  Equity Intraday For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% As Applicable
  Equity Futures For BSE: 0.0007%, for NSE: 0.0021% & for MCX-SX: 0.0014% As Applicable
  Equity Options For BSE: 0.0027%, for NSE: 0.053% & for MCX-SX: 0.027% on premium As Applicable
  Currency Futures For NSE: 0.00135% & for MCX-SX: 0.0013% As Applicable
  Currency Options For NSE: 0.044% & for MCX-SX: 0.037% As Applicable
  Commodity 0.0031% (Non-Agri) & 0.00175% (Agri) As Applicable
Features 3-in-1 Account N N
  Mobile Trading Y Y
  Acceptance of Orders After Trading Hours Y Y
  SMS Alerts N N
  Online Demo Y Y
  Online Portfolio N Y
  Trading Platform Zerodha Trader, Z5 & Zerodha PI Fyers One, Fyers Webtrader, Fyers Markets
Investment Services Stock/ Equity Y Y
  Commodity Y N
  Currency Y Y
  IPO (Initial Public Offers) N Y
  Mutual Funds N Y
  Debt N N
  Bond/ NCD N Y
Customer Support 24/7 Customer Support N N
  Email Y Y
  Phone Y Y
  Online Live Chat N N
  Branch Support N N
Reports Daily  Market Report N N
  Quarterly Analysis of Results N N

 

Like this Article? Subscribe to Our Feed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Out Best Brokerage Deals