Sharekhan Vs Fyers
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
Sharekhan Vs Fyers - Broker Details
| Sharekhan | Fyers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE, MCX. |
| Branches | 153+ | Zero |
| Brokerage | 0.03% | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Account Opening & AMC Charges
| Sharekhan | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Brokerage charges & Plans
| Sharekhan | Fyers | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 |
| Equity Options | ₹60/ Lot | ₹20/ Order |
| Commodity Options | ₹60/ Lot | ₹20/ Order |
| Equity Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Other Charges
| Sharekhan | 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 | ₹1,00,000/ Year | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.10% | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Transaction Charges
| Sharekhan | Fyers | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | ₹325/ Cr (0.00325%) |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | NA |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | ₹325/ Cr (0.00325%) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Margin (Exposure)
| Sharekhan | Fyers | |
|---|---|---|
| Equity Options | 1 time (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 |
Sharekhan Vs Fyers - Features
| Sharekhan | Fyers | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Review & Rating
| Sharekhan | Fyers | |
|---|---|---|
| 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 |
Sharekhan Vs Fyers - Request a call back from Broker
| Sharekhan | Fyers | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Investment Options
| Sharekhan | Fyers | |
|---|---|---|
| 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 |
Sharekhan Vs Fyers - Order Type
| Sharekhan | Fyers | |
|---|---|---|
| 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 |
Sharekhan Vs Fyers - Research & Report
| Sharekhan | Fyers | |
|---|---|---|
| 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 |
Sharekhan Vs Fyers - Daily Market Report
| Sharekhan | Fyers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Suitable For Investor
| Sharekhan | Fyers | |
|---|---|---|
| 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 |
Sharekhan Vs Fyers - Pros & Cons
| Sharekhan | Fyers | |
|---|---|---|
| Pros | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. | 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. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. | 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 | Call Back Open Account |
Sharekhan Vs Fyers - Background
| Sharekhan | Fyers | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Compare All Brokers
| Sharekhan | Fyers | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - STT/CTT
| Sharekhan | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 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 | Call Back Open Account |
Sharekhan Vs Fyers - Demat transaction charges
| Sharekhan | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹7 + ₹5.5 (CDSL Charges) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - GST
| Sharekhan | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction charges) |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - SEBI Charges
| Sharekhan | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Account Opening & AMC Charges
Sharekhan
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Sharekhan Vs Fyers
| Sharekhan | Fyers | |
|---|---|---|
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. + " Vs "+ Fyers |
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 .. |
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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.
Sharekhan Vs Fyers - Brokerage charges & Plans
| Sharekhan | Fyers | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0 |
| Equity Options | ₹60/ Lot | ₹20/ Order |
| Commodity Options | ₹60/ Lot | ₹20/ Order |
| Equity Futures | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs Fyers - Margin (Exposure)
| Sharekhan | Fyers | |
|---|---|---|
| Equity Options | 1 time (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 |
Sharekhan Vs Fyers - Other Charges
| Sharekhan | 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 | ₹1,00,000/ Year | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.10% | ₹20/ Order |
| Call Back Open Account |
Sharekhan Vs Fyers - STT/CTT
| Sharekhan | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 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 |
Sharekhan Vs Fyers - Demat transaction charges
| Sharekhan | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹7 + ₹5.5 (CDSL Charges) |
| Call Back Open Account |
Sharekhan Vs Fyers - GST
| Sharekhan | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction charges) |
| Call Back Open Account |
Sharekhan Vs Fyers - SEBI Charges
| Sharekhan | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs Fyers - Features
| Sharekhan | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account | Call Back Open Account |