• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

FINVASIA vs Fyers (Compare FINVASIA 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 FINVASIA vs Fyers, Below comparison of FINVASIA 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 FINVASIA vs Fyers is given below:

FINVASIA Fyers
About The Brokers
FINVASIA :

"Finvasia is a discounted stock broker that offers lifetime zero brokerage on all equity delivery and intraday trades on BSE, NSE, NCDEX, and MCX. In addition to that,   >>> 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 :
FINVASIA :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Fyers :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
FINVASIA :
 Discount Broker
Fyers :
 Discount Broker
Promo/offers
FINVASIA :
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
FINVASIA :
  •  Finvasia offers lifetime free brokerage to its users which means they don’t charge any brokerage on trades, the customers is supposed to pay govt taxes , Stock exchange charges and monthly trading platform charges for using some advance tools & trading platforms.
  •  Finvasia offers free Demat + trading account opening and unlimited call & trade.
  •  Finvasia also offers free trade clearing.
  •  MCX Commodity trading offers GTC orders for all users
  •  Finvasia offers free trading software — ScalperT where the users can do trading on the web and through mobile apps.
  •  Finvasia offers APIs and Algo trading tools.
  •  Finvasia offers seamless KYC and Aadhar eSign facility to fasten the account opening process.
  •  Finvasia offers users advanced order types — cover order and bracket at the lowest fees.
  •  In addition to stock trading, Finvasia also offers Investment opportunity in Bonds, IPO and Mutual Funds.
  •  Finvasia offers excellent NRI trading.
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
  •  Online Chat support is available
  •  Online IPO Application facility is available for its customers
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
Fyers :
  •   Rs. 20 flat-fee trades.
  •   Brokerage free Investment in Mutual funds
  •   Brokerage free Equity delivery Trade
  •   High Performance Trading platforms
  •   Free Demat & Trading account for Life, Fyers do not charge trading and demat account opening fees & AMC.
  •   They provide unique portfolio investment for new entrants in the market called thematic investing at 100 per theme. (Buying at Free of cost , ₹100 or 2% (Whichever is lower) on Sell/Exit, Re-balance, Modify
  • No Hidden Charges , Fyers is very transparent on charges  
  • All trading software are available for free of cost  
  • Possibility of earning via referral, earn 20% of the revenues generated by your friends, for life
  • Trade profitably for 30 days & get your brokerage refunded.
Disadvantage
FINVASIA :
  •  There is no dedicated relationship manager in Finvasia; thus the traders need to look out for their portfolios themselves
  •  Does not provide 3in1 account facility.
  •  Finvasia charges for Advance order types like Bracket orders etc.
  •  Trading platforms like NEST and NOW are chargeable.
  •  GTC orders are not available at NSE and BSE. They are available at MCX.
  •  Finvasia is online broker and does not have any branches for local support.
  •  Scalpter (trading website) has only 1 min charting frame.
Fyers :
  •   No team of experts for market research.
  • Rs. 50 Admin square-off Charges
  •   Call & Trade services at Rs 50 per executed order
Why This
FINVASIA :
  •  The first discounted stockbroker in India offers lifetime brokerage free Demat + Trading account with Zero AMC, Free call & trade services, zero clearing services, and lowest transaction charges on equity delivery, intraday, and F&O.
  •  Finvasia offers a wide range of products under one roof — stock trading, commodities, currencies, mutual funds, IPOs, FPI (Foreign Portfolio Investors), NRI trading, wealth management to High Net Worth Individuals (HNIs), investment in real estate, and many more.
  •  Finvasia offers five excellent trading platforms to cater to different types of traders — ScalperT, NEST (Omnisys Powered Trading Terminal), NSE NOW, Blitz Trader (Algorithmic Trading Platform), and Symphony Presto.
  •  Finvasia offers quick paperless online account opening within 5 minutes.
  •  Finvasia trading platforms are available on Windows, MacBook, Android, and iOS platforms.
  •  Other features: advanced market search, live streaming prices, quick order execution, interactive charts, global indices, and many more.
  •  Finvasia offers a user-friendly trading platform with a global buy and sells window.
  •  Finvasia offers financial trading services to the NRIs, PIO (Person Indian Origin)/OCI (Overseas Citizens of India), Foreign Nationals, and QFI (Qualified foreign investor) that are interested to invest in the Indian market.
  •  Finvasia offers FPI (Foreign Portfolio Investors) from globally. FPI is offered by limited brokers in India and Finvasia is one of them even being a discounted broker.
  • Finvasia offers excellent wealth management resolutions to High Net Worth individuals based in India and NRIs.
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

FINVASIA vs Fyers Account Opening & AMC Charges

FINVASIA Trading Account Opening Fee is Rs 0 (Free) and Fyers Trading Account Opening Fee is Rs 0 (Free) . FINVASIA Demat Account AMC is Rs 0 per year (Lifetime Zero AMC) and Fyers Demat Account AMC is Rs 0 (Free) .

FINVASIA Fyers
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 0 per year (Lifetime Zero AMC)

Demat Account AMC :

Rs 0 (Free)

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

FINVASIA vs Fyers Brokerage Charges

FINVASIA Brokerage Charges Equity Delivery is Rs 0 and Equity Intraday is Rs 0 and Equity Options is Rs 0 . 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 .

FINVASIA Fyers
Plan Name Plan Name :

Finvasia default Brokerage Plan

Plan Name :

Fyers

Equity Delivery Equity Delivery :

Rs 0

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

Rs 0

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

Rs 0

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 0

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 0

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 0

Currency Options :

Rs 20 per executed order

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

Margin Trading : -
Commodity Futures Commodity Futures :

Rs 0

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

Rs 0

Commodity Options :

Rs 20 per executed order

Open Account Open Account

FINVASIA vs Fyers Exchange Transaction Charges

FINVASIA 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%) | BSE Rs 3700 per Cr (0.037%) (on premium) . 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) .

FINVASIA Fyers
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options :

NSE Rs 5000 per Cr (0.05%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

NSE Rs 3500 per Cr (0.035%) (on premium)

Commodity Commodity :

Rs 260 per Cr (0.0026%)

Commodity :

NA

Open Account Open Account

FINVASIA vs Fyers Other Charges

FINVASIA Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 . Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade .

FINVASIA Fyers
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage :

Intra-day: Rs 7 or 2.5% whichever is lower

Call & Trade Call & Trade :

Rs 0

Call & Trade :

Rs 20 per trade

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹9 (including CDSL Charges)

DP Charges (on sell side) :

₹7 + ₹5.5 (CDSL Charges)

Other Miscellaneous Charges Other Miscellaneous Charges :

Bracket Orders in NEST: Rs 99 per month

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

FINVASIA vs Fyers Features

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

FINVASIA Fyers
Trading Platform Trading Platform :

Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto

Trading Platform :

Fyers One (In-house build)

Placing orders through charts Placing orders through charts : - Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

No

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 :

0

Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

FINVASIA vs Fyers Demat Account Charges

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

FINVASIA Fyers
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0 (+ stamp charge of ₹199)

Account Opening Fee :

₹0

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

₹0

AMC AMC :

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

AMC :

₹0

Dematerialisation Charges Dematerialisation Charges :

₹15 + ₹99 Courier charges

Dematerialisation Charges :

₹0

Rematerialisation Charges Rematerialisation Charges :

₹15 + ₹99 Courier charges

Rematerialisation Charges :

₹0

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

₹9 (including CDSL Fee)

Transaction Charges (debit) :

₹7 + ₹5.50 flat for every debit transaction

Pledge Creation Charges Pledge Creation Charges :

₹25 + NSDL Charges

Pledge Creation Charges :

₹0

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Pledge Creation Confirmation Charges :

₹0

Pledge Invocation Charges Pledge Invocation Charges :

₹25 + NSDL Charges

Pledge Invocation Charges :

₹0

Failed Instruction Charges Failed Instruction Charges :

₹49 per transaction

Failed Instruction Charges :

₹0

Other Charges Other Charges :

  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Other Charges :

Adhoc / Non Periodic Statement Requests: ₹0 + courier charges at actuals,Conversion of MF Units / Destatementisation: ₹100 per certificate, Modification in Client Master List (CML): ₹50,Modification in KRA: ₹50,Stamp Charges: ₹50

Open Account Open Account

FINVASIA vs Fyers Basic Details

FINVASIA Year of Incorporation is 2013 and Total Number of Clients is 81004 and Total Number of Branches is 1 . Fyers Year of Incorporation is 2015 and Total Number of Clients is 219169 and .

FINVASIA Fyers
Year of Incorporation Year of Incorporation :

2013

Year of Incorporation :

2015

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX

Demat Services Demat Services :

No

Demat Services :

Yes

Website Website : https://finvasia.com/ Website : http://fyers.in/
Contact Details Contact Details :

+911726670000

Contact Details :

080-46251111

Total Number of Clients Total Number of Clients :

81,004

Total Number of Clients :

219,169

Total Number of Branches Total Number of Branches :

1

Total Number of Branches : -
Products * Products :

Mutual Fund, Broking , NPS , Global Stocks, ETF

Products : -
Open Account Open Account

FINVASIA vs Fyers Orders

Orders

FINVASIA Fyers
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

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) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No

Open Account Open Account

FINVASIA vs Fyers Research and Advice / Trading Tips

Research and Advice / Trading Tips

FINVASIA 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 :

Yes

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

FINVASIA vs Fyers Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

FINVASIA Fyers
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

Rs.10,000

Open Account Open Account

FINVASIA vs Fyers Product & Services

FINVASIA 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:

FINVASIA Fyers
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

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 :

No

NRI Services :

Yes

SMS Alerts * SMS Alerts :

No

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 :

Yes

Portfolio Analysis :

No

Advanced Charting Features * Advanced Charting Features : - 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 :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

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 :

Yes

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

FINVASIA vs Fyers Customer Services

FINVASIA 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:

FINVASIA Fyers
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

Info Not Available

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

FINVASIA vs Fyers Other Investement

FINVASIA 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:

FINVASIA Fyers
Commodity Trading * Commodity Trading :

Yes

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 :

Yes

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

FINVASIA vs Fyers Trading Platform

FINVASIA 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:

FINVASIA 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 :

Yes

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

No

iPhone Mobile App :

Yes

Contact Now
Open Account Open Account

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -