Maitra Vs Fyers
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Maitra Vs Fyers - Broker Details
| Maitra | Fyers | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2012 | 2015 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX. |
| Branches | N/A | Zero |
| Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Maitra Vs Fyers - Account Opening & AMC Charges
| Maitra | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Fyers - Brokerage charges & Plans
| Maitra | Fyers | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Maitra Vs Fyers - Other Charges
| Maitra | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Call Back Open Account |
Maitra Vs Fyers - Transaction Charges
| Maitra | Fyers | |
|---|---|---|
| Currency Options | 0.053% | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | 0.0019% | ₹240/ Cr (0.0024%) |
| Equity Intraday | 0.00325% | ₹325/ Cr (0.00325%) |
| Equity Options | 0.05% | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | 0.0026% | NA |
| Currency Futures | 0.0026% | ₹240/ Cr (0.0024%) |
| Equity Delivery | 0.00325% | ₹325/ Cr (0.00325%) |
| Call Back Open Account |
Maitra Vs Fyers - Margin (Exposure)
| Maitra | Fyers | |
|---|---|---|
| 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 (no margin) | 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 |
Maitra Vs Fyers - Features
| Maitra | Fyers | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Maitra Vs Fyers - Review & Rating
| Maitra | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maitra Vs Fyers - Request a call back from Broker
| Maitra | Fyers | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Fyers - Investment Options
| Maitra | Fyers | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Maitra Vs Fyers - Order Type
| Maitra | Fyers | |
|---|---|---|
| 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 |
Maitra Vs Fyers - Research & Report
| Maitra | Fyers | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Maitra Vs Fyers - Daily Market Report
| Maitra | Fyers | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Maitra Vs Fyers - Suitable For Investor
| Maitra | Fyers | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Maitra Vs Fyers - Pros & Cons
| Maitra | Fyers | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
| Call Back Open Account |
Maitra Vs Fyers - Background
| Maitra | Fyers | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Fyers - Compare All Brokers
| Maitra | Fyers | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Fyers - STT/CTT
| Maitra | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on sell value |
| Equity Options | 0.05% | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.10% |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
| Call Back Open Account |
Maitra Vs Fyers - Demat transaction charges
| Maitra | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹7 + ₹5.5 (CDSL Charges) |
| Call Back Open Account |
Maitra Vs Fyers - GST
| Maitra | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
| Call Back Open Account |
Maitra Vs Fyers - SEBI Charges
| Maitra | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Maitra Vs Fyers - Account Opening & AMC Charges
Maitra
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Fyers
| Maitra | Fyers | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
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 .. |
|
|
|
|
|
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.
Maitra Vs Fyers - Brokerage charges & Plans
| Maitra | Fyers | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Maitra Vs Fyers - Margin (Exposure)
| Maitra | Fyers | |
|---|---|---|
| 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 (no margin) | 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 |
Maitra Vs Fyers - Other Charges
| Maitra | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Maitra Vs Fyers - STT/CTT
| Maitra | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on sell value |
| Equity Options | 0.05% | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.10% |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Maitra Vs Fyers - Demat transaction charges
| Maitra | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹7 + ₹5.5 (CDSL Charges) |
Maitra Vs Fyers - GST
| Maitra | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
Maitra Vs Fyers - SEBI Charges
| Maitra | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Fyers - Features
| Maitra | Fyers | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |