Fyers Vs DPTradeKing
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.
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Fyers Vs DPTradeKing - Broker Details
| Fyers | DPTradeKing | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2016 |
| Exchanges | BSE, NSE, MCX. | BSE, NSE and MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.05% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Fyers Vs DPTradeKing - Account Opening & AMC Charges
| Fyers | DPTradeKing | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Fyers Vs DPTradeKing - Brokerage charges & Plans
| Fyers | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Equity Delivery | ₹0 | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.05% per order |
| Call Back Open Account |
Fyers Vs DPTradeKing - Other Charges
| Fyers | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
Fyers Vs DPTradeKing - Transaction Charges
| Fyers | DPTradeKing | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | 0.035% of Premium Value in case of Option Segment |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | ₹325/ Cr (0.00325%) | 0.00345% Of Total Turnover value |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | NA | N/A |
| Currency Futures | ₹240/ Cr (0.0024%) | 0.00090% of Total Future Turnover value |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
Fyers Vs DPTradeKing - Margin (Exposure)
| Fyers | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Features
| Fyers | DPTradeKing | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Fyers Vs DPTradeKing - Review & Rating
| Fyers | DPTradeKing | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs DPTradeKing - Request a call back from Broker
| Fyers | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Fyers Vs DPTradeKing - Investment Options
| Fyers | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Order Type
| Fyers | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Research & Report
| Fyers | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Daily Market Report
| Fyers | DPTradeKing | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Fyers Vs DPTradeKing - Suitable For Investor
| Fyers | DPTradeKing | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Fyers Vs DPTradeKing - Pros & Cons
| Fyers | DPTradeKing | |
|---|---|---|
| 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.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. |
| 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
| Call Back Open Account |
Fyers Vs DPTradeKing - Background
| Fyers | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Fyers Vs DPTradeKing - Compare All Brokers
| Fyers | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
Fyers Vs DPTradeKing - STT/CTT
| Fyers | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
| Call Back Open Account |
Fyers Vs DPTradeKing - Demat transaction charges
| Fyers | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
Fyers Vs DPTradeKing - GST
| Fyers | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
Fyers Vs DPTradeKing - SEBI Charges
| Fyers | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Fyers Vs DPTradeKing - Account Opening & AMC Charges
Fyers
DPTradeKing
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers Vs DPTradeKing
| Fyers | DPTradeKing | |
|---|---|---|
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 "+ DPTradeKing |
DPTradeKing Account Opening Process and Charges Details |
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DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Fyers Vs DPTradeKing - Brokerage charges & Plans
| Fyers | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Equity Delivery | ₹0 | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.05% per order |
| Call Back Open Account |
Fyers Vs DPTradeKing - Margin (Exposure)
| Fyers | DPTradeKing | |
|---|---|---|
| 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 DPTradeKing - Other Charges
| Fyers | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
Fyers Vs DPTradeKing - STT/CTT
| Fyers | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
| Call Back Open Account |
Fyers Vs DPTradeKing - Demat transaction charges
| Fyers | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
Fyers Vs DPTradeKing - GST
| Fyers | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
Fyers Vs DPTradeKing - SEBI Charges
| Fyers | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Fyers Vs DPTradeKing - Features
| Fyers | DPTradeKing | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |