The brokerage of Finvasia Max Rs 0 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 Finvasia 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 Finvasia 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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX,MCX-SX,NCDEX||NSE, BSE, MCX|
|Broker Overview||Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...||Fyers (Focus Your Energy & Reform the Self) 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.|
In this section we have compared Finvasia with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Both brokers don't charge any AMC for Demat Account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Rs 0 (Rs 199 for POA)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Finvasia 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.
|Account Opening Request|
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan
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||Finvasia||Fyers|
|Plan Name||Zero Brokerage Trading Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||Rs 0||Free|
|Equity Intraday||Rs 0||0.01% or Rs 20 whichever is lower|
|Equity Futures||Rs 0||0.01% or Rs 20 whichever is lower|
|Equity Options||Rs 0||Flat Fee Rs 20|
|Currency Futures||Rs 0||0.01% or Rs 20 whichever is lower|
|Currency Options||Rs 0||Flat Fee Rs 20|
|Commodity Trading||Rs 0||NA|
|Funding||Yes, 24% interest PA||No|
|Call & Trade Charges||Call and Trade is free of cost||Rs 20 Per Order|
|Brokerage Calculator||Brokerage Calculator for Finvasia||Brokerage Calculator for Fyers|
|SPAN Margin Calculator||SPAN Margin Calculator for Finvasia||SPAN Margin Calculator for Fyers|
Compare Finvasia with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Finvasia||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 115 Per Cr||Rs 175 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6500 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for finvasia||Complete Brokerage Plans for fyers|
Compare Finvasia 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 - both brokers dont have margin funing facility. NRI Trading - Finvasia offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||Finvasia||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
|Other Features||NIL||Free Call & trade|
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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||Finvasia||Fyers|
|Desktop Trading Platform||OMNESYS NEST||Fyers One|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.finvasia.com/||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SCALPERT||Fyers Markets|
|Mobile Trading App Demo||SCALPERT Demo||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod SCALPERT Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||Info Not Available||iOS Fyers Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Basic platforms are free, advance platforms are chargeable.||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Finvasia||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Finvasia||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for Finvasia||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for finvasia||Detail on Trading Platforms for fyers|
|7 Customer Reviews||7 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Finvasia is Rated 4.0 / 5 based on 7 customer reviews||Fyers is Rated 3.7 / 5 based on 7 customer reviews|
Compare Finvasia 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 - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - Finvasia offers online mutual fund investment option where Fyers doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Finvasia||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Finvasia 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- Fyers offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Finvasia||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Finvasia 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.
|Margin Product Compare||Finvasia||Fyers|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||No Margin/Leverage for Equity Delivery.|
|Equity Intraday Margin||Up to 10x leverage for equity category A scripts.||Up to 3x-16x leverage for equity MIS.|
|Futures Margin||Up to 2x leverage for futures.||Up to 4x leverage for Index and Stocks.|
|Options Margin||No leverage for Options buying and shorting.||Up to 3x exposure for Options shorting, 1.33x for Options Buying.|
|Equity CO Margin||Info Not Available||Up to 5x to 33x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Info Not Available||Up to 8x to 33x margin/leverage in CO order for Futures contracts.|
|Options CO Margin||Info Not Available||Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying.|
|Commodity Margin||Up to 2.5x leverage for MCX futures MIS orders.||Up to 3x on MCX MIS orders. For CO 8x to 33x for MCX.|
Compare Finvasia 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 Service Compare||Finvasia||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+911726670000/+911724770000/+919779097777||080 4625 1111|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Knowledge Center/Education||Info Not Available||https://fyers.in/faqs/|
|Head Office Address||Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare Finvasia with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Finvasia with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||84300||Info Not Available|
|Demat Account Annual Maintenance Charges(AMC)||Free||Free|
|Advance Deposit||Rs 0||Nil|
|Transaction Charges on Debit (Per ISIN)||₹9 + ₹5.50 (CDSL Charges) for every transaction||₹10 + ₹5.50 (CDSL Charges) per transaction|
|Demat||₹15 per certificate||₹100 per certificate|
|Remat||₹15 for every hundred securities + CDSL Charges||₹100 per certificate + CDSL Charges|
|Pledge Creation||₹25 per transaction||₹50 + ₹12 CSDL charges|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||₹25 per transaction||₹50 + ₹12 CSDL charges|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||₹19 per transaction||₹50|
|Failed Instruction Charges||₹49||Nil|
Compare Finvasia with Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through 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||Up to 24 hrs except for bank holidays.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.||24+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||FINVASIA SECURITIES PVT LTD,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Special Offers/Promo||Free Account Opening+Free Demat AMC+Free Trading.||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about Finvasia||Enquire about Fyers|
Last Updated on 2020-02-07T00:21:08+00:00