Compare 3 Brokers

Sharekhan Vs Fyers: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Fyers ranges between Rs 20. Sharekhan 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.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan vs Fyers on Service

  Sharekhan Compare
Sharekhan
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL NSE, BSE, MCX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan 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.
Broker Enquiry Open an Online Trading Account with Sharekhan. 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 Sharekhan vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Fyers
Charges Sharekhan Fyers
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Sharekhan vs Fyers on Plan Options

Plans are the most important feature you look when compare Sharekhan with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan provide Multiple Plans where Fyers doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Sharekhan Fyers
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Fyers on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with Fyers
Brokerage Charges Compare Sharekhan Fyers
Plan Name Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20
Currency Futures 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20
Commodity Trading 0.1% or 10 paisa NA
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Free Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare Sharekhan vs Fyers on Transaction Charges

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

Transaction Charges - Compare Sharekhan with Fyers
Transaction Charges Compare Sharekhan 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 100 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 sharekhan Complete Brokerage Plans for fyers
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Account Features

Compare Sharekhan vs Fyers on Account Features

Compare Sharekhan 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 - Fyers offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Sharekhan offers margin funding where Fyers doesn't offers margin funding. NRI Trading - Sharekhan offers NRI where Fyers doesn't offers NRI Trading.

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

Compare Sharekhan vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with Fyers
Trading Platform Compare Sharekhan Fyers
Desktop Trading Platform TradeTiger 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.sharekhan.com/ 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 Sharekhan Fyers Markets
Mobile Trading App Demo Sharekhan Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Sharekhan vs Fyers on User Rating

  Sharekhan Fyers
  177 Customer Reviews    Rate Sharekhan 5 Customer Reviews    Rate Fyers
Fees Ratings 3.2 3.4
Trading Brokerage Rating 3.1 3.8
Trading Platform Usability 3.9 4.2
Customer Service Ratings 3.5 4.0
Overall Ratings Rated 3.6 stars Rated 3.8 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare Sharekhan vs Fyers on Investment Offerings

Compare Sharekhan 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 - Sharekhan 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) - Sharekhan provide PMS Service where Fyers doesn't offer

Investment Offerings - Compare Sharekhan with Fyers
Investment Offerings Compare Sharekhan 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 Yes No
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs Fyers on Order Types

Order Type - Compare Sharekhan 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 Sharekhan with Fyers
Order Type Compare Sharekhan 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 Sharekhan vs Fyers on Margin/Leverage

Comapre Sharekhan 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 Sharekhan with Fyers
Margin Product Compare Sharekhan Fyers
Equity Delivery Margin Sharekhan vs Fyers - Equity Delivery Margin Upto 5x via Margin Funding. No margin/ leverage for equity delivery.
Equity Intraday Margin Sharekhan vs Fyers - Equity Intraday Margin Upto 10x leverage for equity. Up to 16x leverage for equity.
Futures Margin Sharekhan vs Fyers - Futures Margin Upto 2x leverage for futures. Up to 4x leverage for equity futures.
Options Margin Sharekhan vs Fyers - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin Sharekhan vs Fyers - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Up to 20x leverage for equity cover order.
Futures CO Margin Sharekhan vs Fyers - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Up to 44x leverage for future cover order.
Options CO Margin Sharekhan vs Fyers - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. Up to 33x leverage for options cover order.
Commodity Margin Sharekhan vs Fyers - Commodity Margin Info Not Available Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Sharekhan vs Fyers on Customer Service

Compare Sharekhan 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 Sharekhan with Fyers
Customer Service Compare Sharekhan Fyers
24/7 Customer Service Sharekhan vs Fyers - 24x7 customer support No No
Email Support Sharekhan vs Fyers - Email Support Yes Yes
Onine Live Chat Sharekhan vs Fyers - Onine Live Chat Yes No
Phone Support Sharekhan vs Fyers - Phone Support Yes Yes
Toll Free Number Sharekhan vs Fyers - Toll Free Number Yes No
Through Branches Sharekhan vs Fyers - Through Branches Yes No
Customer Care Number Sharekhan vs Fyers - Customer Care Number 1800227500 080 4625 1111
Account Opening Process Sharekhan vs Fyers - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Fyers - Knowledge Center/Education https://www.sharekhan.com/help/hello https://fyers.in/faqs/
Head Office Address Sharekhan vs Fyers - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Website Sharekhan vs Fyers - Company Website https://www.sharekhan.com https://fyers.in/
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Tips/Research/Reports Published

Compare Sharekhan vs Fyers on Research Reports, Tips

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

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

Compare Sharekhan vs Fyers on Demat Account

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

Demat Charges - Compare Sharekhan with Fyers
  Sharekhan Fyers
DP Source CDSL CDSL
DP ID Sharekhan vs Fyers - DP ID 36000 Info Not Available
Demat Account Annual Maintenance Charges(AMC) ₹500 pa 400 - Individual, 500 - Non Individual
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NIL
Statutory charges Actual Stamp Paper Charges NIL
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat ₹5 per certificate (Min 50 per request) 2 per certificate + Rs.35 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities Rs 25
Pledge Creation 0.03% (Min ₹100) 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 Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
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 Sharekhan vs Fyers on Special Offers and Promotion

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

Compare Sharekhan vs Fyers on Special Offers and Promotion
  Sharekhan Fyers
Pay In and Pay Out Options Sharekhan 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 RelianceSmartMoney platform.
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 Sharekhan vs Fyers - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Sharekhan vs Fyers - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • The broker doesn’t have own DP service, they have a tie-up with IL&FS for Demat services.
  • DP charges on selling are higher compared to other discount brokers.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Sharekhan Enquire about Fyers

Last Updated on 2019-07-08T23:57:42+00:00







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