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Firstock vs Fyers (Compare Firstock and Fyers)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Firstock vs Fyers, Below comparison of Firstock vs Fyers highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Firstock vs Fyers is given below:

Firstock

Fyers

Open Account

	Firstock	Fyers

About The Brokers

Firstock :

Incorporated in 2021, Firstock Broking Pvt. Ltd is a tech-driven discount broking platform offering seamless investing in Stocks, F&O, ETFs, SGBs, G-Secs, and Stock SIPs. Enjoy free deliver >>> more

Fyers :

"FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> more

Find More Information about the Broker :

Firstock :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Fyers :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

Firstock :

Discount Broker

Fyers :

Discount Broker

Promo/offers

Firstock :

N/A

Fyers :

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Advantage

Firstock :

✔ What Firstock Does Well

✓	₹0 delivery brokerage
✓	₹0 AMC lifetime + ₹0 account opening
✓	₹0 pledge charges — rare benefit for margin traders
✓	₹0 payment gateway — add funds without any charge
✓	₹0 direct MF investment charges
✓	Free API for algo trading
✓	TradingView-integrated charts across web & desktop
✓	GTT orders, basket orders, strategy builder
✓	NRI accounts (NRE + NRO, PIS + non-PIS)
✓	MF, IPO, G-Secs, Sovereign Gold Bonds, ETFs — wide product range
✓	Desktop .exe + web + mobile triple platform

Fyers :

✔ What Fyers Does Well

✓	TradingView-native charts — best charting in Indian retail broking
✓	₹12.50 DP charge — lowest among major discount brokers
✓	₹0 AMC for lifetime (limited period offer)
✓	Tiered MTF interest — as low as 12.49% p.a. for large amounts
✓	NRI accounts available at ₹50/order
✓	GTT orders supported — unlike Groww and Angel One
✓	Free API with no monthly subscription fee
✓	30-day profitability challenge — brokerage refund up to ₹10,000
✓	Thematic investing baskets — sector/theme-based stock groups in one click
✓	Bracket orders, cover orders, GTT, AMO, basket orders
✓	School of Stocks — free structured education platform

Disadvantage

Firstock :

✘ Where Firstock Falls Short

✗	Very new brand (Firstock since June 2025) — limited public track record and review data
✗	Small user base (25,000+ active) — less stress-tested infrastructure vs major brokers
✗	No commodity trading (MCX)
✗	Call & Trade: ₹50+GST per order — high for a smaller broker
✗	Auto square-off: ₹50+GST per order
✗	DDPI charge: ₹100+GST one-time
✗	Login delay issues reported during heavy market sessions
✗	Bangalore-only head office; no physical branch presence
✗	F&O brokerage ₹20 is standard, not a differentiator

Fyers :

✘ Where Fyers Falls Short

✗	Delivery brokerage: ₹20 or 0.3% — high % cap for small trades
✗	Call & Trade ₹50/order — highest among major discount brokers
✗	Admin square-off ₹50 — higher than Upstox & Angel One (₹20)
✗	No research or stock tips — chargeable only
✗	Smaller client base (~2.45L active) vs Zerodha / Groww
✗	AMC free offer is "limited period" — not permanently committed
✗	No branches — 100% online only
✗	Customer support slower than expected given premium positioning
✗	No digital gold or US stocks
✗	Not ideal for beginners — platform depth can be overwhelming

Why This

Firstock :

They offer a wide range of services, including Equity (Stocks), Futures & Options (F&O), ETFs (Exchange Traded Funds), Sovereign Gold Bonds (SGBs), Government Securities (G-Secs), and Stock SIPs.
You can access trading through their feature-rich mobile app, web platform, and desktop Exe, catering to all types of traders.
You can unlock additional margin instantly using existing holdings, allowing you to maximize your trading capacity without selling assets.
Get instant trade updates, market alerts, and notifications, helping you stay on top of market movements and act swiftly.
Analyze company performance with interactive charts and detailed financial reports, helping you make well-informed, research-backed investment decisions.
The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
They offer a Discount Plan with brokerage charges as low as Rs 20 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

Fyers :

They Charge Flat brokerage of ₹20/- per executed order.
Brokerage free Equity delivery Trade & Mutual Fund Investment.
No proprietary trading. Pure brokerage firm.
The distinguishing feature of Fyers- "Thematic investing".
Technological advance online trading platforms are provided to its customers.
They have customer support above average, and referral programmes are also worth investing your valuable time.
Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy.
Trade profitably for 30 days & get your brokerage refunded.
Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions.
Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators.
IPOs and FPOs through UPI payments.

Open Account

Firstock vs Fyers Account Opening & AMC Charges

Firstock Trading Account Opening Fee is ₹0 and Fyers Trading Account Opening Fee is Rs 0 (Free) . Firstock Demat Account AMC is ₹0 and Fyers Demat Account AMC is Rs 0 (Free) .

	Firstock	Fyers
Trading Account Opening Fee	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : ₹0	Demat Account AMC : Rs 0 (Free)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Firstock vs Fyers Brokerage Charges

Firstock Brokerage Charges Fyers Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Firstock	Fyers
Plan Name	Plan Name : Standard Plan	Plan Name : Fyers
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : ₹20 per executed order	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : -	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : -	Currency Options : Rs 20 per executed order
Monthly Fee	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : -	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : -	Commodity Options : Rs 20 per executed order
	Open Account	Open Account

Firstock vs Fyers Exchange Transaction Charges

Firstock Exchange Transaction Charges Equity Future is ₹20 per order, 0.03% or whichever is lower and Equity Options is ₹20 per order, 0.03% or whichever is lower . Fyers Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) (on premium) .

	Firstock	Fyers
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : Rs 20 per executed order	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity	Commodity : -	Commodity : NA
	Open Account	Open Account

Firstock vs Fyers Other Charges

Firstock and Call & Trade is ₹50 . Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade .

	Firstock	Fyers
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Intra-day: Rs 7 or 2.5% whichever is lower
Call & Trade	Call & Trade : ₹50	Call & Trade : Rs 20 per trade
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹7 + ₹5.5 (CDSL Charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
	Open Account	Open Account

Firstock vs Fyers Features

Firstock and Fyers both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Firstock	Fyers
Trading Platform	Trading Platform : Trade & Invest: Mobile App, Desktop Exe, Web	Trading Platform : Fyers One (In-house build)
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Firstock vs Fyers Demat Account Charges

A comparative table of various demat account charges between Firstock and Fyers is below:

	Firstock	Fyers
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : â‚¹0
Advance Deposit	Advance Deposit : -	Advance Deposit : â‚¹0
AMC	AMC : ₹0	AMC : â‚¹0
Dematerialisation Charges	Dematerialisation Charges : ₹150 (per certificate)	Dematerialisation Charges : â‚¹0
Rematerialisation Charges	Rematerialisation Charges : ₹150 (per certificate)	Rematerialisation Charges : â‚¹0
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Sell-Rs.8-+ Rs.5.50/- + GST (CDSL Charges)	Transaction Charges (debit) : â‚¹7 + â‚¹5.50 flat for every debit transaction
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : â‚¹0
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : â‚¹0
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : â‚¹0
Other Charges	Other Charges : -	Other Charges : Adhoc / Non Periodic Statement Requests: â‚¹0 + courier charges at actuals,Conversion of MF Units / Destatementisation: â‚¹100 per certificate, Modification in Client Master List (CML): â‚¹50,Modification in KRA: â‚¹50,Stamp Charges: â‚¹50
	Open Account	Open Account

Firstock vs Fyers Basic Details

Firstock Year of Incorporation is 2021 and and . Fyers Year of Incorporation is 2015 and Total Number of Clients is 200780 and .

	Firstock	Fyers
Year of Incorporation	Year of Incorporation : 2021	Year of Incorporation : 2015
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : CDSL, NSDL	Demat Services : Yes
Website	Website : https://www.firstock.in/	Website : http://fyers.in/
Contact Details	Contact Details : 080 4670 2050	Contact Details : 080-46251111
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 200,780
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : -
Products *	Products : Equity, F&O, ETFs, SGBs	Products : -
	Open Account	Open Account

Firstock vs Fyers Orders

Orders

	Firstock	Fyers
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : No
	Open Account	Open Account

Firstock vs Fyers Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Firstock	Fyers
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : Yes	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
	Open Account	Open Account

Firstock vs Fyers Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Firstock	Fyers
Availability for franchisee / AP	Availability for franchisee / AP : No	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : No	Investment required for Franchisee / AP : Rs.10,000
	Open Account	Open Account

Firstock vs Fyers Product & Services

Firstock and Fyers both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Firstock	Fyers
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : No
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No
	Open Account	Open Account

Firstock vs Fyers Customer Services

Firstock and Fyers both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Firstock	Fyers
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Firstock vs Fyers Other Investement

Firstock and Fyers both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Firstock	Fyers
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Firstock vs Fyers Trading Platform

Firstock and Fyers both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Firstock	Fyers
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account