Fyers Vs Definedge Securities
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.
Definedge Securities
Fyers Vs Definedge Securities - Broker Details
| Fyers | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2015 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Fyers Vs Definedge Securities - Account Opening & AMC Charges
| Fyers | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Fyers Vs Definedge Securities - Brokerage charges & Plans
| Fyers | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Fyers Vs Definedge Securities - Other Charges
| Fyers | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Fyers Vs Definedge Securities - Transaction Charges
| Fyers | Definedge Securities | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | NA | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | ₹240/ Cr (0.0024%) | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Fyers Vs Definedge Securities - Margin (Exposure)
| Fyers | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Fyers Vs Definedge Securities - Features
| Fyers | Definedge Securities | |
|---|---|---|
| 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Fyers Vs Definedge Securities - Review & Rating
| Fyers | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Definedge Securities - Request a call back from Broker
| Fyers | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Definedge Securities - Investment Options
| Fyers | Definedge Securities | |
|---|---|---|
| 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 |
Fyers Vs Definedge Securities - Order Type
| Fyers | Definedge Securities | |
|---|---|---|
| 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 |
Fyers Vs Definedge Securities - Research & Report
| Fyers | Definedge Securities | |
|---|---|---|
| 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 |
Fyers Vs Definedge Securities - Daily Market Report
| Fyers | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Fyers Vs Definedge Securities - Suitable For Investor
| Fyers | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Fyers Vs Definedge Securities - Pros & Cons
| Fyers | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Fyers Vs Definedge Securities - Background
| Fyers | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Definedge Securities - Compare All Brokers
| Fyers | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Definedge Securities - STT/CTT
| Fyers | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell value | 0.01% on sell Side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
| Call Back Open Account |
Fyers Vs Definedge Securities - Demat transaction charges
| Fyers | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹0 (Free) |
| Call Back Open Account |
Fyers Vs Definedge Securities - GST
| Fyers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Fyers Vs Definedge Securities - SEBI Charges
| Fyers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Fyers Vs Definedge Securities - Account Opening & AMC Charges
Fyers
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Fyers Vs Definedge Securities
| Fyers | Definedge Securities | |
|---|---|---|
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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Fyers Vs Definedge Securities - Brokerage charges & Plans
| Fyers | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Fyers Vs Definedge Securities - Margin (Exposure)
| Fyers | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Fyers Vs Definedge Securities - Other Charges
| Fyers | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Fyers Vs Definedge Securities - STT/CTT
| Fyers | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell value | 0.01% on sell Side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
| Call Back Open Account |
Fyers Vs Definedge Securities - Demat transaction charges
| Fyers | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹0 (Free) |
| Call Back Open Account |
Fyers Vs Definedge Securities - GST
| Fyers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Fyers Vs Definedge Securities - SEBI Charges
| Fyers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Fyers Vs Definedge Securities - Features
| Fyers | Definedge Securities | |
|---|---|---|
| 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |