Fyers Vs Fisdom
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.
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Fisdom - Broker Details
| Fyers | Fisdom | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2015 | 2015 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, and NCDEX |
| Branches | Zero | 15+ |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Fyers Vs Fisdom - Account Opening & AMC Charges
| Fyers | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Fyers Vs Fisdom - Brokerage charges & Plans
| Fyers | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹0 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Fyers Vs Fisdom - Other Charges
| Fyers | Fisdom | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Fyers Vs Fisdom - Transaction Charges
| Fyers | Fisdom | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE: 0.053% (on premium) |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: 0.002% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: 0.053% (on premium) |
| Commodity | NA | N/A |
| Currency Futures | ₹240/ Cr (0.0024%) | NSE: 0.002% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Fyers Vs Fisdom - Margin (Exposure)
| Fyers | Fisdom | |
|---|---|---|
| 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) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Fyers Vs Fisdom - Features
| Fyers | Fisdom | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Review & Rating
| Fyers | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Fisdom - Request a call back from Broker
| Fyers | Fisdom | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Fisdom - Investment Options
| Fyers | Fisdom | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Order Type
| Fyers | Fisdom | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Research & Report
| Fyers | Fisdom | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Daily Market Report
| Fyers | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Suitable For Investor
| Fyers | Fisdom | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Fyers Vs Fisdom - Pros & Cons
| Fyers | Fisdom | |
|---|---|---|
| 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. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
| Call Back Open Account |
Fyers Vs Fisdom - Background
| Fyers | Fisdom | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Fisdom - Compare All Brokers
| Fyers | Fisdom | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Fisdom - STT/CTT
| Fyers | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% only on sell side 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 (On Premium) |
| 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% only on sell side |
| Call Back Open Account |
Fyers Vs Fisdom - Demat transaction charges
| Fyers | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹15 per scrip per day |
| Call Back Open Account |
Fyers Vs Fisdom - GST
| Fyers | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Fyers Vs Fisdom - SEBI Charges
| Fyers | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs Fisdom - Account Opening & AMC Charges
Fyers
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
Demat Account AMC
₹0 (Free)
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
₹0 (Free)
NA
Fyers Vs Fisdom
| Fyers | Fisdom | |
|---|---|---|
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 "+ Fisdom |
Fisdom Account Opening Process and Charge Details |
|
|
|
|
|
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Fisdom - Brokerage charges & Plans
| Fyers | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹0 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Fyers Vs Fisdom - Margin (Exposure)
| Fyers | Fisdom | |
|---|---|---|
| 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) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Fyers Vs Fisdom - Other Charges
| Fyers | Fisdom | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
Fyers Vs Fisdom - STT/CTT
| Fyers | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% only on sell side 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 (On Premium) |
| 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% only on sell side |
| Call Back Open Account |
Fyers Vs Fisdom - Demat transaction charges
| Fyers | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹15 per scrip per day |
| Call Back Open Account |
Fyers Vs Fisdom - GST
| Fyers | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Fyers Vs Fisdom - SEBI Charges
| Fyers | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs Fisdom - Features
| Fyers | Fisdom | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |