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Fyers vs Zerodha (Compare Fyers and Zerodha)

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 Zerodha, Below comparison of Fyers vs Zerodha 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 Zerodha is given below:

Fyers Zerodha
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

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
Fyers :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Fyers :
 Discount Broker
Zerodha :
 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.
Zerodha :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
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.
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
Disadvantage
Fyers :
  •   No team of experts for market research.
  • Rs. 50 Admin square-off Charges
  •   Call & Trade services at Rs 50 per executed order
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
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.
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account Open Account

Fyers vs Zerodha Account Opening & AMC Charges

Fyers Trading Account Opening Fee is Rs 0 (Free) and Zerodha Trading Account Opening Fee is Rs 200 . Fyers Demat Account AMC is Rs 300 and Zerodha Demat Account AMC is Rs 300 .

Fyers Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 300

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

Fyers vs Zerodha 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 . Zerodha 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 .

Fyers Zerodha
Plan Name Plan Name :

Fyers

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

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

Equity Intraday :

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

Equity Future Equity Future :

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

Equity Future :

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

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

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

Currency Futures :

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

Currency Options Currency Options :

Rs 20 per executed order

Currency Options :

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

Monthly Fee Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

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

Commodity Futures :

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

Commodity Options Commodity Options :

Rs 20 per executed order

Commodity Options :

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

Open Account Open Account

Fyers vs Zerodha Exchange Transaction Charges

Fyers Exchange Transaction Charges Equity Future is Rs 240 per Cr (0.0024%) and Equity Options is Rs 5900 per Cr (on premium) (0.059%) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

Fyers Zerodha
Equity Delivery Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 240 per Cr (0.0024%)

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

Rs 5900 per Cr (on premium) (0.059%)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

Rs 240 per Cr (0.0024%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

Rs 5900 per Cr (on premium) (0.059%)

Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

NA

Commodity :

Group A - Rs 260 per Cr (0.0026%)

Open Account Open Account

Fyers vs Zerodha Other Charges

Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

Fyers Zerodha
Minimum Brokerage Minimum Brokerage :

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

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade :

Rs 20 per trade

Call & Trade :

Rs 50 per executed order

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) :

₹13.5 per scrip

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 :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

Fyers vs Zerodha Features

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

Fyers Zerodha
Trading Platform Trading Platform :

Fyers One (In-house build)

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

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 :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

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

Fyers vs Zerodha Demat Account Charges

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

Fyers Zerodha
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Rs 0

AMC AMC :

Rs 300 Per Year

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

Dematerialisation Charges Dematerialisation Charges :

Rs 0

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

Rematerialisation Charges Rematerialisation Charges :

Rs 0

Rematerialisation Charges :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

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

Rs 7 + Rs 5.50 flat for every debit transaction

Transaction Charges (debit) :

  • Market Trades: Rs 13.5 + GST
  • Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST

Pledge Creation Charges Pledge Creation Charges :

Rs 0

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 0

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

Rs 0

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Rs 0

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

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

Other Charges :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

Fyers vs Zerodha Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 135268 and . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6513036 and Total Number of Branches is 22 .

Fyers Zerodha
Year of Incorporation Year of Incorporation :

2015

Year of Incorporation :

2010

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX and NCDEX

Demat Services Demat Services :

Yes

Demat Services :

No

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

080-46251111

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

135,268

Total Number of Clients :

6,513,036

Total Number of Branches Total Number of Branches : - Total Number of Branches :

22

Products * Products : - Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

Fyers vs Zerodha Orders

Orders

Fyers Zerodha
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) :

No

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) :

Yes

Open Account Open Account

Fyers vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

Fyers Zerodha
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

Open Account Open Account

Fyers vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Fyers Zerodha
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

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

Rs.10,000

Investment required for Franchisee / AP :

Rs.11,000

Open Account Open Account

Fyers vs Zerodha Product & Services

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

Fyers Zerodha
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call in Trade * Call in Trade :

Yes

Call in 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 :

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 :

Yes

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 :

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 :

No

Aumtomated Trading :

No

Open Account Open Account

Fyers vs Zerodha Customer Services

Fyers and Zerodha 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 Zerodha
Toll Free Number * Toll Free Number :

No

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 :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

Yes

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

Fyers vs Zerodha Other Investement

Fyers and Zerodha 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 Zerodha
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

No

Investment in ETFs :

Yes

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

Fyers vs Zerodha Trading Platform

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

Fyers Zerodha
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 :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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