Quick Comparision (Fyers
VS Tradingo)
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.
Fyers
Tradingo
Single Margin Facility
Year of Incorporation
2015
2016
Exchanges
BSE, NSE, MCX.
BSE, NSE and MCX
Branches
Zero
102
Brokerage
₹20/ Order or 0.03% ( Whichever is lower)
₹20/Order
Broker Type
Discount Broker
Discount Broker
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order
Equity Delivery
₹0
Discount Broking- ₹0(Free) | Premium Broking-0.3%
Equity Options
₹20/ Order
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Commodity Options
₹20/ Order
Discount Broking-₹20/Order or 0.01% whichever is lower
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03%
Currency Options
₹20/ Order
Discount Broking- ₹20/order | Premium Broking- ₹50/Lot
Fixed Charges
₹20/ Order
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)r
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Minimum Brokerage
₹20/ Order
₹20/ Order
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Currency Options
₹5900/ Cr(on premium) (0.059%)
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Equity Futures
₹240/ Cr (0.0024%)
NSE: 0.00325% of turnover | BSE: 0.0005% of turnover
Equity Intraday
₹325/ Cr (0.00325%)
NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips.
Equity Options
₹5900/ Cr (on premium) (0.059%)
NSE: 0.075% of turnover | BSE: 0.0005% of turnover
Commodity
NA
Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot
Currency Futures
₹240/ Cr (0.0024%)
Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover
Equity Delivery
₹325/ Cr (0.00325%)
NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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
Enquiry with Tradingo
Fyers
Tradingo
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:- 3:20pm | 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.Tradingo -mobile app 2. Justrade 2.0 Stocks
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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
Enquiry with Tradingo
Fyers
Tradingo
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure.
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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra.
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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 buy & 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
Enquiry with Tradingo
Fyers
Tradingo
Equity Demat Transaction Charges
₹7 + ₹5.5 (CDSL Charges)
N/A
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction charges)
18% on (Brokerage + Transaction Charge)
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/Crore
Call Back
Open Account
Enquiry with Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers
Tradingo
FYERS Review 2024 | Brokerage Charges, Account Opening FYERS 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 "+ Tradingo
Tradingo Review Incorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
Read more..
Fyers
Tradingo
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order
Equity Delivery
₹0
Discount Broking- ₹0(Free) | Premium Broking-0.3%
Equity Options
₹20/ Order
Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot
Commodity Options
₹20/ Order
Discount Broking-₹20/Order or 0.01% whichever is lower
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03%
Currency Options
₹20/ Order
Discount Broking- ₹20/order | Premium Broking- ₹50/Lot
Fixed Charges
₹20/ Order
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)r
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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
Enquiry with Tradingo
Fyers
Tradingo
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)
Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover
Minimum Brokerage
₹20/ Order
₹20/ Order
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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 buy & 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
Enquiry with Tradingo
Fyers
Tradingo
Equity Demat Transaction Charges
₹7 + ₹5.5 (CDSL Charges)
N/A
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction charges)
18% on (Brokerage + Transaction Charge)
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/Crore
Call Back
Open Account
Enquiry with Tradingo
Fyers
Tradingo
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:- 3:20pm | 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.Tradingo -mobile app 2. Justrade 2.0 Stocks
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Tradingo