Fyers Vs Maverick
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.
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Maverick - Broker Details
| Fyers | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2000 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.01% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Fyers Vs Maverick - Account Opening & AMC Charges
| Fyers | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Fyers Vs Maverick - Brokerage charges & Plans
| Fyers | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Equity Delivery | ₹0 | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order | Rs. 10 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Options | ₹20/ Order | Rs. 10 per lot |
| Fixed Charges | ₹20/ Order | 0.01% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.01% per order |
| Call Back Open Account |
Fyers Vs Maverick - Other Charges
| Fyers | Maverick | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/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) | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
Fyers Vs Maverick - Transaction Charges
| Fyers | Maverick | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | Exchange txn charge: 0.035%e |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: 0.0019% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: 0.05% (on premium) |
| Commodity | NA | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹240/ Cr (0.0024%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
Fyers Vs Maverick - Margin (Exposure)
| Fyers | Maverick | |
|---|---|---|
| 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 Maverick - Features
| Fyers | Maverick | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Fyers Vs Maverick - Review & Rating
| Fyers | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Maverick - Request a call back from Broker
| Fyers | Maverick | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Maverick - Investment Options
| Fyers | Maverick | |
|---|---|---|
| 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 Maverick - Order Type
| Fyers | Maverick | |
|---|---|---|
| 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 Maverick - Research & Report
| Fyers | Maverick | |
|---|---|---|
| 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 Maverick - Daily Market Report
| Fyers | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Fyers Vs Maverick - Suitable For Investor
| Fyers | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Fyers Vs Maverick - Pros & Cons
| Fyers | Maverick | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
| Call Back Open Account |
Fyers Vs Maverick - Background
| Fyers | Maverick | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Maverick - Compare All Brokers
| Fyers | Maverick | |
|---|---|---|
| Call Back Open Account |
Fyers Vs Maverick - STT/CTT
| Fyers | Maverick | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
| Call Back Open Account |
Fyers Vs Maverick - Demat transaction charges
| Fyers | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Rs.20 /- |
| Call Back Open Account |
Fyers Vs Maverick - GST
| Fyers | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Fyers Vs Maverick - SEBI Charges
| Fyers | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs Maverick - Account Opening & AMC Charges
Fyers
Maverick
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
Fyers Vs Maverick
| Fyers | Maverick | |
|---|---|---|
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 "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fyers Vs Maverick - Brokerage charges & Plans
| Fyers | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Equity Delivery | ₹0 | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order | Rs. 10 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Options | ₹20/ Order | Rs. 10 per lot |
| Fixed Charges | ₹20/ Order | 0.01% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.01% per order |
| Call Back Open Account |
Fyers Vs Maverick - Margin (Exposure)
| Fyers | Maverick | |
|---|---|---|
| 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 Maverick - Other Charges
| Fyers | Maverick | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/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) | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
Fyers Vs Maverick - STT/CTT
| Fyers | Maverick | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
| Call Back Open Account |
Fyers Vs Maverick - Demat transaction charges
| Fyers | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | Rs.20 /- |
| Call Back Open Account |
Fyers Vs Maverick - GST
| Fyers | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Fyers Vs Maverick - SEBI Charges
| Fyers | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs Maverick - Features
| Fyers | Maverick | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |