Fyers Vs ProfitMart
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.
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Fyers Vs ProfitMart - Broker Details
| Fyers | ProfitMart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | BSE, NSE, MCX. | BSE, NSE, MCX. |
| Branches | Zero | 32 |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Account Opening & AMC Charges
| Fyers | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹999 ( Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Brokerage charges & Plans
| Fyers | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Other Charges
| Fyers | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹2500 + GST |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Transaction Charges
| Fyers | ProfitMart | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | 0.00325% of Total Turnover |
| Equity Futures | ₹240/ Cr (0.0024%) | 0.00325% of Total Turnover |
| Equity Intraday | ₹325/ Cr (0.00325%) | 0.00325% of Total Turnover |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | 0.00325% of Total Turnover |
| Commodity | NA | 0.00325% of Total Turnover |
| Currency Futures | ₹240/ Cr (0.0024%) | 0.00325% of Total Turnover |
| Equity Delivery | ₹325/ Cr (0.00325%) | 0.00325% of Total Turnover |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Margin (Exposure)
| Fyers | ProfitMart | |
|---|---|---|
| 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 (100% of trade value) |
| 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 | Call Back Open Account |
Fyers Vs ProfitMart - Features
| Fyers | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| 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 ProfitMart - Review & Rating
| Fyers | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Request a call back from Broker
| Fyers | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Investment Options
| Fyers | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Order Type
| Fyers | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Research & Report
| Fyers | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Daily Market Report
| Fyers | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Suitable For Investor
| Fyers | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Pros & Cons
| Fyers | ProfitMart | |
|---|---|---|
| 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.It provides various offers from time to time. 2.It provides the advanced and smart trading platforms that makes trading easy and efficient. 3.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction facility. |
| 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 prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3.\tThe trading platforms are not compatible for web. 4. Average Customer Service. |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Background
| Fyers | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Compare All Brokers
| Fyers | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - STT/CTT
| Fyers | ProfitMart | |
|---|---|---|
| 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(on Premium) |
| 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 | Call Back Open Account |
Fyers Vs ProfitMart - Demat transaction charges
| Fyers | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹20+ Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - GST
| Fyers | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - SEBI Charges
| Fyers | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Account Opening & AMC Charges
Fyers
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers Vs ProfitMart
| Fyers | ProfitMart | |
|---|---|---|
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 "+ ProfitMart |
Profitmart Review | Brokerage Charges, Account OpeningProfitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly .. |
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ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Fyers Vs ProfitMart - Brokerage charges & Plans
| Fyers | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs ProfitMart - Margin (Exposure)
| Fyers | ProfitMart | |
|---|---|---|
| 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 (100% of trade value) |
| 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 | Call Back Open Account |
Fyers Vs ProfitMart - Other Charges
| Fyers | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹2500 + GST |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Fyers Vs ProfitMart - STT/CTT
| Fyers | ProfitMart | |
|---|---|---|
| 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(on Premium) |
| 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 ProfitMart - Demat transaction charges
| Fyers | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹20+ Gst per scrip only on sell |
| Call Back Open Account |
Fyers Vs ProfitMart - GST
| Fyers | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
Fyers Vs ProfitMart - SEBI Charges
| Fyers | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Fyers Vs ProfitMart - Features
| Fyers | ProfitMart | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |