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SBICAP Securities Vs Fyers: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Fyers offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Fyers ranges between Rs 20. SBICAP Securities is a Full Service Broker where Fyers is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,63,824 where number of active customer for Fyers is 2,22,798. SBICAP Securities is serving more customer compare to Fyers.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities vs Fyers's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SBICAP Securities vs Fyers on Service

	SBICAP Securities	Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	NSE, BSE	BSE, NSE, MCX
Active Clients	8,63,824	2,22,798
Broker Overview	Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...	Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...
Broker Enquiry

Account Opening Charges and AMC

Compare SBICAP Securities vs Fyers on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Fyers

Charges	SBICAP Securities	Fyers
Trading Account Opening Fees	Rs 850	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 500 PA	Free
Provide DP Service

About Brokerage Plans

Compare SBICAP Securities vs Fyers on Plan Options

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

Compare SBICAP Securities with Fyers on Plan Options

Plan Types	SBICAP Securities	Fyers
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare SBICAP Securities vs Fyers on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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

Share Broker's Transaction Charges

Compare SBICAP Securities vs Fyers on Transaction Charges

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

Account Features

Compare SBICAP Securities vs Fyers on Account Features

Compare SBICAP Securities with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - SBICAP Securities offers NRI where Fyers doesn't offers NRI Trading.

Account Features - SBICAP Securities with Fyers

Account Features Compare	SBICAP Securities	Fyers
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15 PM
NRI Trading
Other Features	Trading software terminal: ODIN Diet	Fyers 30 Day Challenge

Trading Platform

Compare SBICAP Securities vs Fyers on Trading Platform

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

Trading Platform - Compare SBICAP Securities with Fyers

Trading Platform Compare	SBICAP Securities	Fyers
Desktop Trading Platform	SBISMART XPRESS - NextTrader	Fyers One
Desktop Demo	Desktop Demo	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://login1.sbismart.com/nidp/app/login	Fyers Web
Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	SBISMART	Fyers 2.0 Mobile App
Mobile Trading App Demo	SBISMART Demo	Fyers 2.0 Mobile App Demo
Android Mobile App
Android App Download	Andriod SBISMART Download	Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS)
iOS App Download	iOS SBISMART Download	iOS Fyers 2.0 Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities	Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator	Futures Brokerage Calculator for SBICAP Securities	Futures Brokerage Calculator for Fyers
Options Brokerage Calculator	Options Brokerage Calculator for SBICAP Securities	Options Brokerage Calculator for Fyers
Detail	Detail on Trading Platforms for sbicap-securities	Detail on Trading Platforms for fyers

Broker Ratings by Users

Compare SBICAP Securities vs Fyers on User Rating

	SBICAP Securities	Fyers
	78 Customer Reviews	10 Customer Reviews
Fees Ratings	3.3	3.5
Trading Brokerage Rating	3.1	3.6
Trading Platform Usability	2.8	3.6
Customer Service Ratings	2.7	3.4
Overall Ratings	2.7	3.2
Broker Rating	SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews	Fyers is Rated 3.2 / 5 based on 10 customer reviews

Investment Offerings

Compare SBICAP Securities vs Fyers on Investment Offerings

Compare SBICAP Securities 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare SBICAP Securities with Fyers

Investment Offerings Compare	SBICAP Securities	Fyers
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare SBICAP Securities vs Fyers on Order Types

Order Type - Compare SBICAP Securities with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an 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, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare SBICAP Securities with Fyers

Order Type Compare	SBICAP Securities	Fyers
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare SBICAP Securities vs Fyers on Customer Service

Compare SBICAP Securities with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SBICAP Securities with Fyers

Customer Service Compare	SBICAP Securities	Fyers
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022 6854 5555	08060001111
Account Opening Process	Offline	100% online and paperless proc
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.sbismart.com/education	https://fyers.in/school-of-stocks/
Head Office Address	SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013	Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009
Website	https://www.sbismart.com	https://fyers.in/

Tips/Research/Reports Published

Compare SBICAP Securities vs Fyers on Research Reports, Tips

Compare SBICAP Securities with Fyers on research reports and tips provided by the broker.

Research Reports - Compare SBICAP Securities with Fyers

	SBICAP Securities	Fyers
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare SBICAP Securities vs Fyers on Demat Account

Compare SBICAP Securities with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for SBICAP Securities is ₹500. Fyers is a better choice in terms of Demat AMC compare to SBICAP Securities.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SBICAP Securities with Fyers

	SBICAP Securities	Fyers
DP Source	CDSL	CDSL
DP ID	19300	432-2019
Demat Account Annual Maintenance Charges(AMC)	₹500	Free
Advance Deposit	0 for all	Nil
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.01% of the transaction value (Min ₹21 and Max ₹300)	₹7 + ₹5.50 (CDSL Charges) per transaction
Demat	₹5 per certificate + ₹35 courier charges	₹0
Remat	₹35 per certificate + CDSL Charges	₹0
Pledge Creation	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Creation Confirmation	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure Confirmation	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Invocation	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Failed Instruction Charges	₹10	Nil
Other Charges	Nil	Stamp Charges ₹50,

Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Fyers on Special Offers and Promotion

Compare SBICAP Securities with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs Fyers on Special Offers and Promotion

	SBICAP Securities	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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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	Upto 24 Hrs except Bank Holidays.	Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges	Direct to SBI Bank.	24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail	Direct to SBI bank account	Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009
Likes	Trade on BSE, NSE, and MCX. Instant paperless 3-in-1 account opening with SBI Bank. Free web and app-based trading platforms. Invest in IPO, mutual funds, insurance, and get loans. Place upto 5 IPO applications from a single bank account. Comprehensive fundamental and technical research services across asset classes. Free trading tips and recommendations. Educative blogs, and videos as a learning source. Margin trading services. Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO). Place Good Till Date (GTD) order. Detail Review...	Trade on BSE, NSE, and MCX Free stocks and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review...
Dislikes	It charges high brokerage than other brokers like Zerodha, Upstox, etc. It does not provide any desktop trading software for pro traders. The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged. It doesn’t have any fixed/flat discount brokerage plan. Customers are not satisfied with the SBI Securities services. Detail Review...	No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review...
Special Offers/Promo
Enquiry	Open Zerodha Account Now>>	Open Fyers Account Now>>