Compare 3 Brokers

Zerodha Vs Fyers: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Fyers. Zerodha is rated 4.5 out of 5 where Fyers is rated only 4 out of 5.

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

  Zerodha Compare
Zerodha
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? NSE, BSE, MCX-SX and MCX NSE, BSE, MCX
Broker Overview With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv... Know more about Zerodha 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 Zerodha. 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 Zerodha vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Zerodha with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Zerodha charges Rs 200 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Fyers
Charges Zerodha Fyers
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Zerodha vs Fyers on Plan Options

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

Account Opening

  Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Fyers on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha offers Rs 20 or .01% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with Fyers
Brokerage Charges Compare Zerodha Fyers
Plan Name Max Rs 20 per order Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday 0.01% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Futures 0.01% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.01% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs 20 Per Executable Order Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare Zerodha vs Fyers on Transaction Charges

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

Transaction Charges - Compare Zerodha with Fyers
Transaction Charges Compare Zerodha 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 135 Per Cr Rs 175 Per Cr
Currency Options Rs 4400 Per Cr Rs 6500 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for fyers
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Account Features

Compare Zerodha vs Fyers on Account Features

Compare Zerodha 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 - Zerodha offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Zerodha with Fyers
Account Features Compare Zerodha Fyers
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha 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 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL Free Call & trade
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Trading Platform

Compare Zerodha vs Fyers on Trading Platform

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

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Broker Ratings by Users

Compare Zerodha vs Fyers on User Rating

  Zerodha Fyers
  154 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate Fyers
Fees Ratings 4.0 3.5
Trading Brokerage Rating 4.5 4.0
Trading Platform Usability 3.7 4.3
Customer Service Ratings 3.8 4.2
Overall Ratings Rated 3.9 stars Rated 4.0 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 154 customer reviews Fyers is Rated 4.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Zerodha vs Fyers on Investment Offerings

Compare Zerodha 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 - Zerodha 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 Zerodha with Fyers
Investment Offerings Compare Zerodha Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application Yes 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 Zerodha vs Fyers on Order Types

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

Comapre Zerodha 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 Zerodha with Fyers
Margin Product Compare Zerodha Fyers
Equity Delivery Margin Zerodha vs Fyers - Equity Delivery Margin No Delivery margin. No margin/ leverage for equity delivery.
Equity Intraday Margin Zerodha vs Fyers - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Up to 16x leverage for equity.
Futures Margin Zerodha vs Fyers - Futures Margin Up to 2x leverage for future. Up to 4x leverage for equity futures.
Options Margin Zerodha vs Fyers - Options Margin Up to 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 Zerodha vs Fyers - Equity CO Margin Up to 20.8x margin/leverage in equity CO order for selected equity scripts. Up to 20x leverage for equity cover order.
Futures CO Margin Zerodha vs Fyers - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for future contracts. Up to 44x leverage for future cover order.
Options CO Margin Zerodha vs Fyers - Options CO Margin Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY. Up to 33x leverage for options cover order.
Commodity Margin Zerodha vs Fyers - Commodity Margin Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Zerodha vs Fyers on Customer Service

Compare Zerodha 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 Zerodha with Fyers
Customer Service Compare Zerodha Fyers
24/7 Customer Service Zerodha vs Fyers - 24x7 customer support No No
Email Support Zerodha vs Fyers - Email Support Yes Yes
Onine Live Chat Zerodha vs Fyers - Onine Live Chat No No
Phone Support Zerodha vs Fyers - Phone Support Yes Yes
Toll Free Number Zerodha vs Fyers - Toll Free Number No No
Through Branches Zerodha vs Fyers - Through Branches Yes No
Customer Care Number Zerodha vs Fyers - Customer Care Number "+ 91 80 4040 2020" 080 4625 1111
Account Opening Process Zerodha vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Zerodha vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Fyers - Knowledge Center/Education https://support.zerodha.com/ https://fyers.in/faqs/
Head Office Address Zerodha vs Fyers - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Zerodha vs Fyers - Company Website https://zerodha.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Zerodha vs Fyers on Research Reports, Tips

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

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

Compare Zerodha vs Fyers on Demat Account

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

Demat Charges - Compare Zerodha with Fyers
  Zerodha Fyers
DP Source CDSL CDSL
DP ID Zerodha vs Fyers - DP ID 81600 Info Not Available
Demat Account Annual Maintenance Charges(AMC) ₹300 pa 400 - Individual, 500 - Non Individual
Advance Deposit Nil NIL
Statutory charges ₹50 NIL
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat ₹150 per certificate + ₹100 courier charges 2 per certificate + Rs.35 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges Rs 25
Pledge Creation ₹20 + ₹12 CSDL 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 ₹20 + ₹12 CSDL 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 ₹20 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges ₹50 per instraction Rs 30 per transaction
Other Charges Nil 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 Zerodha vs Fyers on Special Offers and Promotion

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

Compare Zerodha vs Fyers on Special Offers and Promotion
  Zerodha Fyers
Pay In and Pay Out Options Zerodha vs Fyers - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
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 Zerodha vs Fyers - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Zerodha vs Fyers - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes

Detail Review...

Detail Review...

Dislikes
  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

  • 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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Zerodha Enquire about Fyers

Last Updated on 2019-10-01T05:51:32+00:00







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