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
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 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 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 Brokerage & Demat Account Opening Charges

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

Compare Sharekhan vs Fyers on Plan Options

  Sharekhan Fyers
Multiple Plans What is this parameter? Yes No
Monthly Plans Sharekhan vs Fyers - Monthly Brokerage Plan No No
Yearly Plans Sharekhan vs Fyers - Yearly Brokerage Plan 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 Fyers
Plan Name Sharekhan vs Fyers - Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Plan Description Sharekhan vs Fyers - 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. Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
Equity Delivery Sharekhan vs Fyers - Cash Delivery Brokerage 0.5% or 50 paisa Free
Equity Intraday Sharekhan vs Fyers - Cash Intraday Brokerage 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Futures Sharekhan vs Fyers - F&O Segment - Futures Brokerage 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Options Sharekhan vs Fyers - F&O Segment - Options Brokerage 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20
Currency Futures Sharekhan vs Fyers - Currency Futures Trading Brokerage 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Currency Options Sharekhan vs Fyers - Currency Options Trading Brokerage 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20
Commodity Trading Sharekhan vs Fyers - Commodity Trading Brokerage 0.1% or 10 paisa NA
Minimum Brokerage Sharekhan vs Fyers - Rs 20
Hidden Charges Sharekhan vs Fyers - Hidden Charges No No
Funding Sharekhan vs Fyers - Funding Interest Yes - 18% interest PA No
Call & Trade Charges Sharekhan vs Fyers - 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

  Sharekhan Fyers
Equity Delivery Sharekhan vs Fyers - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Sharekhan vs Fyers - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Sharekhan vs Fyers - Equity Futures Transaction Charges Rs 190 Per Cr Rs 240 Per Cr
Equity Options Sharekhan vs Fyers - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5900 Per Cr
Currency Futures Sharekhan vs Fyers - Rs 100 Per Cr Rs 175 Per Cr
Currency Options Sharekhan vs Fyers - Rs 4000 Per Cr Rs 6500 Per Cr
Commodity Sharekhan vs Fyers - Commodity Transaction Charges 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

  Sharekhan Fyers
3 in 1 Account Sharekhan vs Fyers - Account Type? 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 Sharekhan vs Fyers - Advance Charting Yes Yes
Algo Trading Sharekhan vs Fyers - Algo Trading No Yes
SMS Alerts Sharekhan vs Fyers - SMS Alerts Yes No
Online Demo Sharekhan vs Fyers - Online Demo Yes Yes
Online Portfolio Sharekhan vs Fyers - Portfolio Service Yes No
Margin Trading Funding Available Sharekhan vs Fyers - Margin Funding Yes No
Combined Ledger for Equity and Commodity Sharekhan vs Fyers - Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time Sharekhan vs Fyers - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Sharekhan vs Fyers - NRI Trading Yes No
Other Features Sharekhan vs Fyers - Free Call & trade
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Trading Platform

Compare Sharekhan vs Fyers on Trading Platform

  Sharekhan Fyers
Desktop Trading Platform Sharekhan vs Fyers - Trading terminal TradeTiger Fyers One
Desktop Demo Sharekhan vs Fyers - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Sharekhan vs Fyers - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Sharekhan vs Fyers - MAC Trading Terminal No No
Web Trading Platform Sharekhan vs Fyers - Web Trading Platform Yes Yes
Web Trading Detail Sharekhan vs Fyers - Trading Website https://www.sharekhan.com/ http://webtrader.fyers.in/userMaster/login
Web Trading Demo Sharekhan vs Fyers - Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Sharekhan vs Fyers - Trading Site for Mobile Yes No
Mobile Trading Sharekhan vs Fyers - Mobile App Yes Yes
Mobile Trading App Sharekhan vs Fyers - Name Of Mobile App Sharekhan Fyers Markets
Mobile Trading App Demo Sharekhan vs Fyers - Name Of Mobile App Sharekhan Demo Fyers Markets Demo
Android Mobile App Sharekhan vs Fyers - Android Mobile App Yes Yes
Android App Download Sharekhan vs Fyers - Mobile App Download Andriod Sharekhan Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Sharekhan vs Fyers - Yes Yes
iOS App Download Sharekhan vs Fyers - Mobile App Download iOS Sharekhan Download iOS Fyers Markets Download
Android Tablet App Sharekhan vs Fyers - Android Tablet App Yes Yes
iPad App (IOS) Sharekhan vs Fyers - Yes Yes
Trading Software Charges Sharekhan vs Fyers - 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

  Sharekhan Fyers
Equity Cash and F&O Sharekhan vs Fyers - Equity and Equity derivatives Yes Yes
Currency Deravitives Sharekhan vs Fyers - Currency Trading Yes Yes
Commodity Sharekhan vs Fyers - Commodity Trading Yes No
Online IPO Application Sharekhan vs Fyers - Online IPO Investment No No
Mutual Funds Sharekhan vs Fyers - Online Mutual Funds Investment Yes Yes
Bond / NCD Sharekhan vs Fyers - Bonds and NCD Yes No
ETF Sharekhan vs Fyers - ETF Yes Yes
Banking Sharekhan vs Fyers - Banking Service No No
Insurance Sharekhan vs Fyers - Insurance Service Yes No
Forex Sharekhan vs Fyers - Forex Trading No No
MF SIP Investment Sharekhan vs Fyers - Mutual Fund SIP Yes No
Equity SIP Investment Sharekhan vs Fyers - Equity SIP No No
PMS Service Sharekhan vs Fyers - Portfolio Management Services (PMS) Yes No
Algo Trading Sharekhan vs Fyers - Algo Trading Yes Yes
Other Investment Options Sharekhan vs Fyers -
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Order Types

Compare Sharekhan vs Fyers on Order Types

  Sharekhan Fyers
CNC Ordre Sharekhan vs Fyers - CNC Order Yes Yes
MIS Ordre Sharekhan vs Fyers - MIS Order Yes Yes
NRML Ordre Sharekhan vs Fyers - NRML Order Yes Yes
Cover Ordre Sharekhan vs Fyers - Cover Order Yes Yes
Bracket Ordre Sharekhan vs Fyers - Bracket Order Yes Yes
AMO-After Market Orders Sharekhan vs Fyers - After market Orders Yes Yes
GTC-Good Till Cancelled Sharekhan vs Fyers - GTC Orders Yes Yes
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Margin/Leverage

Compare Sharekhan vs Fyers on Margin/Leverage

  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 33x 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 Info Not Available
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Customer Service Offered

Compare Sharekhan vs Fyers on Customer Service

  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

  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

  Sharekhan Fyers
DP Source CDSL CDSL
DP ID Sharekhan vs Fyers - DP ID 36000 Info Not Available
Demat Account Annual Maintenance Charges(AMC) Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. 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) A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Rs. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) 2 per certificate + Rs.35 courier charges
Remat Rs.50 per certificate or Rs.50 for every hundred securities Rs 25
Pledge Creation 0.03 % of the value of the Transaction (Min Rs. 100 per transaction) 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 1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G 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

  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...

  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
  • 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.
  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 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.
Enquire about Sharekhan Enquire about Fyers






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