Compare 3 Brokers

Fyers Vs Karvy: Which one is better?

The brokerage of Fyers Max Rs 20 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. Fyers is a Discount Broker where Karvy is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

Here we present side-by-side comparison of Fyers vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Karvy'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 Fyers vs Karvy on Service

  Fyers Compare
Fyers
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE NSE,BSE,MCX-SX,MCX,NCDEX
Broker Overview 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. KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...Know more about Karvy
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Karvy. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Fyers vs Karvy on Trading & Demat Account Opening Charges

In this section we have compared Fyers with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with Karvy
Charges Fyers Karvy
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 500 PA
Provide DP Service No Yes
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About Brokerage Plans

Compare Fyers vs Karvy on Plan Options

Plans are the most important feature you look when compare Fyers with Karvy. 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 Fyers with Karvy on Plan Options
Plan Types Fyers Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Fyers Karvy
Account Opening Request
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Brokerage Charges

Compare Fyers vs Karvy on Brokerage Charges

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

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Fyers with Karvy
Brokerage Charges Compare Fyers Karvy
Plan Name Max Rs 20 Per Order Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.3% or 30 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures 0.01% or Rs 20 whichever is lower 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 50 Per Lot
Commodity Trading NA 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 Per Order Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for Karvy
SPAN Margin Calculator SPAN Margin Calculator for Fyers SPAN Margin Calculator for Karvy
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Share Broker's Transaction Charges

Compare Fyers vs Karvy on Transaction Charges

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

Transaction Charges - Compare Fyers with Karvy
Transaction Charges Compare Fyers Karvy
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5000 Per Cr
Currency Futures Rs 175 Per Cr Rs 110 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for karvy
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Account Features

Compare Fyers vs Karvy on Account Features

Compare Fyers with Karvy 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 - both doesn't offer NRI Trading facility.

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

Compare Fyers vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers and Karvy. 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 Fyers with Karvy
Trading Platform Compare Fyers Karvy
Desktop Trading Platform Fyers One Karvy NESTTrader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://webtrader.fyers.in/userMaster/login https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Markets KarvyOnline
Mobile Trading App Demo Fyers Markets Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod Fyers Markets Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Fyers Markets Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Fyers vs Karvy on User Rating

  Fyers Karvy
  5 Customer Reviews    Rate Fyers 3 Customer Reviews    Rate Karvy
Fees Ratings 3.4 2.7
Trading Brokerage Rating 3.8 2.3
Trading Platform Usability 4.2 2.3
Customer Service Ratings 4.0 3.7
Overall Ratings Rated 3.8 stars Rated 2.7 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Fyers vs Karvy on Investment Offerings

Compare Fyers with Karvy 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 - Karvy 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) - Karvy provides PMS Service where Fyers doesn't offer

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

Compare Fyers vs Karvy on Order Types

Order Type - Compare Fyers with Karvy 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)- Fyers offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with Karvy
Order Type Compare Fyers Karvy
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 No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Fyers vs Karvy on Margin/Leverage

Comapre Fyers with Karvy 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 Fyers with Karvy
Margin Product Compare Fyers Karvy
Equity Delivery Margin Fyers vs Karvy - Equity Delivery Margin No Margin/Leverage for Equity delivery. Up to 4x leverage for equity delivery.
Equity Intraday Margin Fyers vs Karvy - Equity Intraday Margin Up to 16x leverage for equity. Up to 13x leverage for equity.
Futures Margin Fyers vs Karvy - Futures Margin Up to 4x leverage for equity futures. Up to 2x leverage for futures.
Options Margin Fyers vs Karvy - Options Margin Up to 4x for options selling and 1.3x for options buying. 2x margin for options shorting, no leverage for option buying.
Equity CO Margin Fyers vs Karvy - Equity CO Margin Up to 20x leverage for equity cover order. Up to 20x margin/leverage for equity CO for selected equity scripts.
Futures CO Margin Fyers vs Karvy - Futures CO Margin Up to 33x leverage for future cover order. Up to 20x margin/leverage for future CO.
Options CO Margin Fyers vs Karvy - Options CO Margin Up to 33x leverage for options cover order. Info Not Available
Commodity Margin Fyers vs Karvy - Commodity Margin Info Not Available Up to 30x margin/leverage for commodity trading.
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Customer Service Offered

Compare Fyers vs Karvy on Customer Service

Compare Fyers with Karvy 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 Fyers with Karvy
Customer Service Compare Fyers Karvy
24/7 Customer Service Fyers vs Karvy - 24x7 customer support No No
Email Support Fyers vs Karvy - Email Support Yes Yes
Onine Live Chat Fyers vs Karvy - Onine Live Chat No No
Phone Support Fyers vs Karvy - Phone Support Yes Yes
Toll Free Number Fyers vs Karvy - Toll Free Number No Yes
Through Branches Fyers vs Karvy - Through Branches No Yes
Customer Care Number Fyers vs Karvy - Customer Care Number 080 4625 1111 18004198283/7093706007/18004198283
Account Opening Process Fyers vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Fyers vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Karvy - Knowledge Center/Education https://fyers.in/faqs/ https://www.karvyonline.com/knowledge-center/index
Head Office Address Fyers vs Karvy - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Fyers vs Karvy - Company Website https://fyers.in/ www.karvyonline.com
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Tips/Research/Reports Published

Compare Fyers vs Karvy on Research Reports, Tips

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

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

Compare Fyers vs Karvy on Demat Account

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

Demat Charges - Compare Fyers with Karvy
  Fyers Karvy
DP Source CDSL CDSL
DP ID Fyers vs Karvy - DP ID Info Not Available 33200
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual 1) For Individuals other than NRI: Rs. 500/- p.a; 2) For NRI A/c: Rs.1500/- p.a; 3) For Corporate A/c: Rs.5000/- p.a.; 4) For Foreign Corporate Body A/c: Rs.10000/- p.a.
Advance Deposit NIL NIL
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] 1) If sold through KSBL, for "KSBL POA" registered Account: Rs.12/- per instruction; 2) For all other transactions Rs.30/- per instruction upto a value of Rs.30,000/- or part thereof, Rs.10/- for every additional value of Rs.30,000/- or part thereof, subject to Minimum of Rs.30/- and Maximum of Rs.1000/- per instruction; 3) For BSDA Accounts Rs.100/- per instruction; 4) For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs.100/- per instruction
Demat 2 per certificate + Rs.35 courier charges 1) Rs. 5 per certificate + Rs.40/- for Postage/Courier charges; 2) For BSDA Accounts: Rs.10/- per certificate + Rs.50/- Postage/Courier charges
Remat Rs 25 Rs.20/- for every 100 securities or Rs.20/- per certificate whichever is higher
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Failed Instruction Charges Rs 30 per transaction Rs.100/- per instruction
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request 1) Rs.100/- per Demat Rejection ; 2) Rs.100/- per Client Modification Request; 3) Rs.100/- per DIS Lost Request ; 4) Rs.100/- per request for physical statements (SOT/SOH )

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Special Offers,Advantages,Disadvantages

Compare Fyers vs Karvy on Special Offers and Promotion

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

Compare Fyers vs Karvy on Special Offers and Promotion
  Fyers Karvy
Pay In and Pay Out Options Fyers vs Karvy - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Fyers vs Karvy - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Fyers vs Karvy - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Info Not Available
Likes
  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...

Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.

Detail Review...

Dislikes
  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...

no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Fyers Enquire about Karvy

Last Updated on 2019-07-08T01:29:09+00:00







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