Fyers Vs FundsIndia
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Fyers Vs FundsIndia - Broker Details
| Fyers | FundsIndia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2009 |
| Exchanges | BSE, NSE, MCX. | Sebi |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Account Opening & AMC Charges
| Fyers | FundsIndia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹200 /-(Service Tax) 2nd Year onwards |
| Trading Account AMC | ₹0 (Free) | N/A |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Brokerage charges & Plans
| Fyers | FundsIndia | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | ₹0 | 0.01% |
| Equity Options | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Other Charges
| Fyers | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Transaction Charges
| Fyers | FundsIndia | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | N/A |
| Equity Futures | ₹240/ Cr (0.0024%) | 0.0035% on turnover |
| Equity Intraday | ₹325/ Cr (0.00325%) | 0.0035% on turnover |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | 0.0035% on turnover |
| Commodity | NA | N/A |
| Currency Futures | ₹240/ Cr (0.0024%) | N/A |
| Equity Delivery | ₹325/ Cr (0.00325%) | 0.1% on the transaction amount |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Margin (Exposure)
| Fyers | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Features
| Fyers | FundsIndia | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Review & Rating
| Fyers | FundsIndia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Request a call back from Broker
| Fyers | FundsIndia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Investment Options
| Fyers | FundsIndia | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Order Type
| Fyers | FundsIndia | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Research & Report
| Fyers | FundsIndia | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Daily Market Report
| Fyers | FundsIndia | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Suitable For Investor
| Fyers | FundsIndia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Pros & Cons
| Fyers | FundsIndia | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. |
| Cons | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Background
| Fyers | FundsIndia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Compare All Brokers
| Fyers | FundsIndia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - STT/CTT
| Fyers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | N/A |
| Currency Futures | No STT | N/A |
| Equity Intraday | 0.025% on sell value | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell value | N/A |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Demat transaction charges
| Fyers | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹15 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - GST
| Fyers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - SEBI Charges
| Fyers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Account Opening & AMC Charges
Fyers
FundsIndia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
₹0 (Free)
N/A
Fyers Vs FundsIndia
| Fyers | FundsIndia | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " Vs "+ FundsIndia |
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. |
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FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Fyers Vs FundsIndia - Brokerage charges & Plans
| Fyers | FundsIndia | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | ₹0 | 0.01% |
| Equity Options | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Margin (Exposure)
| Fyers | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs FundsIndia - Other Charges
| Fyers | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | ₹20/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Fyers Vs FundsIndia - STT/CTT
| Fyers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | N/A |
| Currency Futures | No STT | N/A |
| Equity Intraday | 0.025% on sell value | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell value | N/A |
| Call Back Open Account |
Fyers Vs FundsIndia - Demat transaction charges
| Fyers | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹15 + Gst per scrip only on sell |
| Call Back Open Account |
Fyers Vs FundsIndia - GST
| Fyers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Fyers Vs FundsIndia - SEBI Charges
| Fyers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs FundsIndia - Features
| Fyers | FundsIndia | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |