Compare 3 Brokers

Finvasia Vs Fyers: Which one is better?

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.

Compare Finvasia vs Fyers on Service

  Finvasia Compare
Finvasia
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, MCX,MCX-SX,NCDEX NSE
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... Know more about Finvasia 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 Finvasia. 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 Finvasia vs Fyers on Trading & Demat Account Opening Charges

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 - Finvasia offer Free AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Fyers
Charges Finvasia Fyers
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Rs 0 (Rs 199 for POA) Free
Demat AMC Free Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Finvasia vs Fyers on Plan Options

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.

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

Account Opening

  Finvasia Fyers
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Fyers on Brokerage Charges

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 with Fyers
Brokerage Charges Compare Finvasia Fyers
Plan Name Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday Free 0.01% or Rs 20 whichever is lower
Equity Futures Free 0.01% or Rs 20 whichever is lower
Equity Options Free Flat Fee Rs 20
Currency Futures Free 0.01% or Rs 20 whichever is lower
Currency Options Free Flat Fee Rs 20
Commodity Trading Free NA
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 24% interest PA No
Call & Trade Charges Rs 20 per executed Order 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
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Share Broker's Transaction Charges

Compare Finvasia vs Fyers on Transaction Charges

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

Transaction Charges - Compare Finvasia with Fyers
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
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Account Features

Compare Finvasia vs Fyers on Account Features

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

Compare Finvasia vs Fyers on Trading Platform

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 with Fyers
Trading Platform Compare Finvasia Fyers
Desktop Trading Platform OMNESYS NEST Fyers One
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ http://webtrader.fyers.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Fyers Markets
Mobile Trading App Demo SCALPERT Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Fyers Markets Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic Tools are free, advance tools are chargable. 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

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Broker Ratings by Users

Compare Finvasia vs Fyers on User Rating

  Finvasia Fyers
  5 Customer Reviews    Rate Finvasia 5 Customer Reviews    Rate Fyers
Fees Ratings 3.0 3.4
Trading Brokerage Rating 3.8 3.8
Trading Platform Usability 4.0 4.2
Customer Service Ratings 3.4 4.0
Overall Ratings Rated 3.6 stars Rated 3.8 stars
Broker Rating Finvasia is Rated 3.6 / 5 based on 5 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare Finvasia vs Fyers on Investment Offerings

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 - Finvasia 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 Finvasia with Fyers
Investment Offerings Compare Finvasia 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 No 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 Finvasia vs Fyers on Order Types

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 Types - Compare Finvasia with Fyers
Order Type Compare Finvasia 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 No Yes
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Margin/Leverage

Compare Finvasia vs Fyers on Margin/Leverage

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.

Exposure/margin - Compare Finvasia with Fyers
Margin Product Compare Finvasia Fyers
Equity Delivery Margin Finvasia vs Fyers - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Margin/Leverage for Equity delivery.
Equity Intraday Margin Finvasia vs Fyers - Equity Intraday Margin Up to 10x leverage for equity. Up to 16x leverage for equity.
Futures Margin Finvasia vs Fyers - Futures Margin Up to 2x leverage (of NRML Margin) for futures. Up to 4x leverage for equity futures.
Options Margin Finvasia vs Fyers - Options Margin No leverage on options buying and selling. Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin Finvasia vs Fyers - Equity CO Margin Info Not Available Up to 20x leverage for equity cover order.
Futures CO Margin Finvasia vs Fyers - Futures CO Margin Info Not Available Up to 33x leverage for future cover order.
Options CO Margin Finvasia vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin Finvasia vs Fyers - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Finvasia vs Fyers on Customer Service

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 Support - Compare Finvasia with Fyers
Customer Service Compare Finvasia Fyers
24/7 Customer Service Finvasia vs Fyers - 24x7 customer support No No
Email Support Finvasia vs Fyers - Email Support Yes Yes
Onine Live Chat Finvasia vs Fyers - Onine Live Chat Yes No
Phone Support Finvasia vs Fyers - Phone Support Yes Yes
Toll Free Number Finvasia vs Fyers - Toll Free Number No No
Through Branches Finvasia vs Fyers - Through Branches No No
Customer Care Number Finvasia vs Fyers - Customer Care Number +911726670000/+911724770000/+919779097777 080 4625 1111
Account Opening Process Finvasia vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Finvasia vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Finvasia vs Fyers - Knowledge Center/Education Info Not Available https://fyers.in/faqs/
Head Office Address Finvasia vs Fyers - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Finvasia vs Fyers - Company Website https://www.finvasia.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Finvasia vs Fyers on Research Reports, Tips

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

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

Compare Finvasia vs Fyers on Demat Account

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

Demat Charges - Compare Finvasia with Fyers
  Finvasia Fyers
DP Source CDSL CDSL
DP ID Finvasia vs Fyers - DP ID 84300 Info Not Available
Demat Account Annual Maintenance Charges(AMC) Retail Clients- Rs. 0 BSDA Clients -Rs. 0 AMC for Corporates : Rs 999 PA 400 - Individual, 500 - Non Individual
Advance Deposit Rs 0 NIL
Statutory charges Rs 0 NIL
Transaction Charges on Debit (Per ISIN) Retail Clients- Rs. 09 BSDA Clients -Rs. 19 Corporate Clients- Rs. 25 Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Retail clients : -Rs. 15 (Per Certificate) Corporate clients : Rs 40(Per Certificate) 2 per certificate + Rs.35 courier charges
Remat Retail clients : Rs. 15 (PER ISIN for 100 shares) Corporate clients : Rs. 40 ((PER ISIN for 100 shares) Rs 25
Pledge Creation Retail Clients- Rs. 25 +CDSL Charges BSDA Clients -Rs. 25 +CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges 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 Retail Clients- Rs. 25 + CDSL Charges BSDA Clients -Rs. 25 + CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges 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 Retail Clients- Rs.19 BSDA Clients -Rs.19 Corporate Clients - Rs.30 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges Retail Clients- Rs. 49 BSDA Clients -Rs. 49 Corporate Clients - Rs. 49 Rs 30 per transaction
Other Charges 1.Modification in CML - Retail Clients- Rs. 19 BSDA Clients -Rs. 19 2. Demat closure account Retail &Corporate Clients- Rs. 0 BSDA Clients -Rs. 0 3.POA services Retail & Corporate Clients- Rs. 199 (one time) BSDA Clients -Rs. 199(one time ) 4.Delay payment charges @2% per month on T+2 days would be charged for debit/shortage in payin/margin default, as per exchange requirements 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 Finvasia vs Fyers on Special Offers and Promotion

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

Compare Finvasia vs Fyers on Special Offers and Promotion
  Finvasia Fyers
Pay In and Pay Out Options Finvasia vs Fyers - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
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 Finvasia vs Fyers - Payout Time Up to 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Finvasia vs Fyers - Bank Supported and Charges Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

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
  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

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+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 2019-06-27T00:43:21+00:00







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