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Fyers vs Market Wolf (Compare Fyers and Market Wolf)

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 Fyers vs Market Wolf, Below comparison of Fyers vs Market Wolf 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 Fyers vs Market Wolf is given below:

Fyers Market Wolf
About The Brokers
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

Market Wolf :

"Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi   >>> more

Find More Information about the Broker :
Fyers :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Market Wolf :
OVERVIEW BROKERAGE
Type of Broker
Fyers :
 Discount Broker
Market Wolf :
 Discount Broker
Promo/offers
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.
Market Wolf :
N/A
Advantage
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.
Market Wolf :
  •  Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market.
  •  The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. 
  •  Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app.
  •  There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight.
  •  Market Wolf offers a quick withdrawal process and the amount of credit within one business day.
  •  Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level.
  •  Market Wolf offers only high liquidity and quality stocks. 
Disadvantage
Fyers :
  •   No team of experts for market research.
  • Rs. 50 Admin square-off Charges
  •   Call & Trade services at Rs 50 per executed order
Market Wolf :
  •  Market Wolf trading app is not available for iOS users. It is currently available only for Android users. 
  •  The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. 
  •  Market Wolf charges flat 10% brokerage on profit which is costly. 
  •  Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. 
  •  Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading.
  •  Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. 
  •  Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism.
  •  Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs.
  •  The trader can add up to 5 stocks to the wish list.
  •  Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. 
  •  Market Wolf is not suitable for advanced traders.
  •  Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit.
  •  Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. 
  •  Market Wolf is not offering to trade on the BSE segment. 
  •  Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query. 
Why This
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.
Market Wolf :
  • Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges.
  • Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. 
  • Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade.
  • Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. 
  • Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. 
  • Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly.
  • Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. 
  • Market Wolf offers 24/7 customer care to all users via an in-app help center. 
Open Account

Fyers vs Market Wolf Account Opening & AMC Charges

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

Fyers Market Wolf
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

₹0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

₹0 (Free)

Demat Account AMC Demat Account AMC :

Rs 0 (Free)

Demat Account AMC :

₹0 (Free)

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

₹0 (Free)


Fyers vs Market Wolf 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 . Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) .

Fyers Market Wolf
Plan Name Plan Name :

Fyers

Plan Name :

Market Wolf default Brokerage Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Equity Intraday Equity Intraday :

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

Equity Intraday :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Equity Future Equity Future :

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

Equity Future :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Currency Futures Currency Futures :

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

Currency Futures :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Currency Options Currency Options :

Rs 20 per executed order

Currency Options :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

Margin Trading :

NA

Commodity Futures Commodity Futures :

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

Commodity Futures :

₹0 brokerage if loss | 10% of GP(Profitable Trade)

Commodity Options Commodity Options :

Rs 20 per executed order

Commodity Options :

₹0 brokerage if loss | 10% of GP(Profitable Trade)


Fyers vs Market Wolf Exchange Transaction Charges

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) . Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) .

Fyers Market Wolf
Equity Delivery Equity Delivery :

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

Equity Delivery :

NSE: 0.00325%

Equity Intraday Equity Intraday :

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

Equity Intraday :

NSE: 0.00325%

Equity Future * Equity Future :

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

Equity Future :

NSE: 0.0019%

Equity Options * Equity Options :

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

Equity Options :

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: 0.0009% + Investor protection fund (0.037%)

Currency Options Currency Options :

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

Currency Options :

Rs 4000 per Cr (0.04%) (on premium)

Commodity Commodity :

NA

Commodity :

Rs 260 per Cr (0.0026%)


Fyers vs Market Wolf Other Charges

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

Fyers Market Wolf
Minimum Brokerage Minimum Brokerage :

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

Minimum Brokerage :

NA

Call & Trade Call & Trade :

Rs 20 per trade

Call & Trade :

NA

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

₹7 + ₹5.5 (CDSL Charges)

DP Charges (on sell side) : -
Other Miscellaneous Charges Other Miscellaneous Charges :

Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)

Other Miscellaneous Charges : -

Fyers vs Market Wolf Features

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

Fyers Market Wolf
Trading Platform Trading Platform :

Fyers One (In-house build)

Trading Platform :

Mobile, WEB

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

Trading Alerts :

No

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

Unique features & Offers :

Brokerage if Makes Profit

Referral Program Referral Program :

1

Referral Program :

Yes

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

Margin Against Shares (Equity Cash) :

No

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

Margin Against Shares (Equity F&O) :

No


Fyers vs Market Wolf Demat Account Charges

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

Fyers Market Wolf
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0

Account Opening Fee :

₹0 (Free)

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

₹0

AMC AMC :

₹0

AMC :

₹0 (Free)

Dematerialisation Charges Dematerialisation Charges :

₹0

Dematerialisation Charges : -
Rematerialisation Charges Rematerialisation Charges :

₹0

Rematerialisation Charges : -
Transaction Charges (Credit) Transaction Charges (Credit) :

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

₹7 + ₹5.50 flat for every debit transaction

Transaction Charges (debit) : -
Pledge Creation Charges Pledge Creation Charges :

₹0

Pledge Creation Charges : -
Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

₹0

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

₹0

Pledge Invocation Charges : -
Failed Instruction Charges Failed Instruction Charges :

₹0

Failed Instruction Charges : -
Other Charges 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

Other Charges : -

Fyers vs Market Wolf Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 204904 and Total Number of Branches is 0 . Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA .

Fyers Market Wolf
Year of Incorporation Year of Incorporation :

2015

Year of Incorporation :

2017

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE and MCX

Demat Services Demat Services :

Yes

Demat Services :

CDSL

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

080-46251111

Contact Details :

+91 8591308916

Total Number of Clients Total Number of Clients :

204,904

Total Number of Clients :

201,948

Total Number of Branches Total Number of Branches :

0

Total Number of Branches :

NA

Products * Products : - Products :

Equity, Commodity, Currency, IPO


Fyers vs Market Wolf Orders

Orders

Fyers Market Wolf
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) : -
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) :

Yes

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

No

Good Till Cancelled (GTC) :

Yes


Fyers vs Market Wolf Research and Advice / Trading Tips

Research and Advice / Trading Tips

Fyers Market Wolf
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 :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No


Fyers vs Market Wolf Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Fyers Market Wolf
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

NA

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

Rs.10,000

Investment required for Franchisee / AP :

NA


Fyers vs Market Wolf Product & Services

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

Fyers Market Wolf
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

NA

Call in Trade * Call in Trade :

Yes

Call in Trade :

NA

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

NSE ONLY

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 :

No

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 :

No

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 :

No

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

No

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 :

No

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No


Fyers vs Market Wolf Customer Services

Fyers and Market Wolf 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:

Fyers Market Wolf
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

Yes

Customer Care :

Info Not Available

Community Service * Community Service :

Yes

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

Yes


Fyers vs Market Wolf Other Investement

Fyers and Market Wolf 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:

Fyers Market Wolf
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

No

Investment in ETFs :

No

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

No

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


Fyers vs Market Wolf Trading Platform

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

Fyers Market Wolf
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 :

No

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

No

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

No

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