Compare 3 Brokers

5paisa Vs Fyers: Which one is better?

The brokerage of 5paisa Max Rs 10 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare 5paisa vs Fyers on Service

  5paisa Compare
5paisa
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE NSE
Broker Overview 5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer... Know more about 5paisa Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare 5paisa vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared 5paisa with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where 5paisa charges Rs 650 (Free Now Promotion Offer) for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Fyers
Charges 5paisa Fyers
Trading Account Opening Fees Rs 650 (Free Now Promotion Offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 45 PM if Trade, else Zero Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare 5paisa vs Fyers on Plan Options

Plans are the most important feature you look when compare 5paisa with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Fyers on Plan Options
Plan Types 5paisa Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Fyers
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Fyers on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare 5paisa with Fyers
Brokerage Charges Compare 5paisa Fyers
Plan Name Flat Fee Rs 10 Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 10 Free
Equity Intraday Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 10 Flat Fee Rs 20
Currency Futures Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 10 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 10 NA
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for 5paisa SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare 5paisa vs Fyers on Transaction Charges

Compare 5paisa with Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Fyers
Transaction Charges Compare 5paisa Fyers
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 5900 Per Cr
Currency Futures Rs 110 Per Cr Rs 175 Per Cr
Currency Options Rs 4000 Per Cr Rs 6500 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for fyers
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Account Features

Compare 5paisa vs Fyers on Account Features

Compare 5paisa with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers margin funding where Fyers doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with Fyers
Account Features Compare 5paisa Fyers
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL Free Call & trade
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Trading Platform

Compare 5paisa vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Fyers
Trading Platform Compare 5paisa Fyers
Desktop Trading Platform 5paisaTradeStation Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading http://webtrader.fyers.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Fyers Markets
Mobile Trading App Demo 5paisa Mobile App Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Fyers Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare 5paisa vs Fyers on User Rating

  5paisa Fyers
  22 Customer Reviews    Rate 5paisa 5 Customer Reviews    Rate Fyers
Fees Ratings 3.3 3.4
Trading Brokerage Rating 4.0 3.8
Trading Platform Usability 3.5 4.2
Customer Service Ratings 2.9 4.0
Overall Ratings Rated 3.4 stars Rated 3.8 stars
Broker Rating 5paisa is Rated 3.4 / 5 based on 22 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare 5paisa vs Fyers on Investment Offerings

Compare 5paisa with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - 5paisa offers trading options in Commodity (MCX) where Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Fyers
Investment Offerings Compare 5paisa Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Fyers on Order Types

Order Type - Compare 5paisa with Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare 5paisa with Fyers
Order Type Compare 5paisa Fyers
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare 5paisa vs Fyers on Margin/Leverage

Comapre 5paisa with Fyers on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare 5paisa with Fyers
Margin Product Compare 5paisa Fyers
Equity Delivery Margin 5paisa vs Fyers - Equity Delivery Margin Up to 3.5x via Margin Funding. No Margin/Leverage for Equity delivery.
Equity Intraday Margin 5paisa vs Fyers - Equity Intraday Margin Up to 20x leverage for equity. Up to 16x leverage for equity.
Futures Margin 5paisa vs Fyers - Futures Margin Up to 3x leverage (of NRML Margin) for futures. Up to 4x leverage for equity futures.
Options Margin 5paisa vs Fyers - Options Margin Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying. Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin 5paisa vs Fyers - Equity CO Margin Up to 33x margin/leverage in CO order for selected equity scripts. Up to 20x leverage for equity cover order.
Futures CO Margin 5paisa vs Fyers - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for futures contracts. Up to 33x leverage for future cover order.
Options CO Margin 5paisa vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin 5paisa vs Fyers - Commodity Margin Up to 20x leverage for commodity. Info Not Available
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Customer Service Offered

Compare 5paisa vs Fyers on Customer Service

Compare 5paisa with Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare 5paisa with Fyers
Customer Service Compare 5paisa Fyers
24/7 Customer Service 5paisa vs Fyers - 24x7 customer support No No
Email Support 5paisa vs Fyers - Email Support Yes Yes
Onine Live Chat 5paisa vs Fyers - Onine Live Chat No No
Phone Support 5paisa vs Fyers - Phone Support Yes Yes
Toll Free Number 5paisa vs Fyers - Toll Free Number No No
Through Branches 5paisa vs Fyers - Through Branches No No
Customer Care Number 5paisa vs Fyers - Customer Care Number "+91 89766 89766" 080 4625 1111
Account Opening Process 5paisa vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Fyers - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://fyers.in/faqs/
Head Office Address 5paisa vs Fyers - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website 5paisa vs Fyers - Company Website https://www.5paisa.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare 5paisa vs Fyers on Research Reports, Tips

Compare 5paisa with Fyers on research reports and tips provided by broker.

Research Reports - Compare 5paisa with Fyers
  5paisa Fyers
Research Mutual Funds 5paisa vs Fyers - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs Fyers - Research Equity Reports Yes No
Research ETF 5paisa vs Fyers - Research ETF No No
Daily Market Report 5paisa vs Fyers - Daily Market Report Yes No
Free Tips 5paisa vs Fyers - Free Tips Yes No
Quarterly Result Analysis 5paisa vs Fyers - Quarterly Results No No
News Alerts 5paisa vs Fyers - Yes Yes
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Demat Account

Compare 5paisa vs Fyers on Demat Account

Compare 5paisa with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Fyers
  5paisa Fyers
DP Source CDSL CDSL
DP ID 5paisa vs Fyers - DP ID 82500 Info Not Available
Demat Account Annual Maintenance Charges(AMC) Rs 45 PM when trade, else Zero- Now charging monthly, No dependency on holdings 400 - Individual, 500 - Non Individual
Advance Deposit NIL NIL
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) 0.025% or Rs. 25 whichever is Higher Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Rs 15/- per cert + Rs 40/- as postal charges 2 per certificate + Rs.35 courier charges
Remat Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges Rs 25
Pledge Creation Rs 50/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation NIL 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges NIL Rs 30 per transaction
Other Charges Postal Charges Rs 40 Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Fyers on Special Offers and Promotion

Compare 5paisa with Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Fyers on Special Offers and Promotion
  5paisa Fyers
Pay In and Pay Out Options 5paisa vs Fyers - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time 5paisa vs Fyers - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs Fyers - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Dislikes
  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

Special Offers/Promo Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about 5paisa Enquire about Fyers

Last Updated on 2019-07-04T01:57:30+00:00







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