Discount Broker Comparison

1) How are these brokers for withdrawal ??

2) Let's compare the leverages in terms of money.

Futures using BO : (approximately)
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Broker........BNF...................NF............Reliance.........Unionbank.........Hindalco
.
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Broker...@100shares... ..VEDL.............TataMotors............Reliance.........Unionbank.........Hindalco
...................................225 ..............427.......................1330.................179...............186....
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Zerodha........................1100................2100.................. 4800 ...............1000...............<1100
SAS

Wisdom

ICICIdirect ...................300....................560....................2000 ...............250....................250

Wow !!! I didn't know it.

Thanks a lot.

Can you also post the figures for the futures ? Thanks in advance.

sorry for futures sir .. and above leverage available in Margin plus product ..

also they have bullet plan ... if you square off within 5 Min of execution .. then no brokerage ... haven for 1-3 min scalpers... pay only STT+other tax.. no brokerage

Yes, for intraday equity 0.01 or rs 100 whichever is lower.

see more details..

https://www.fyers.in/pricing

Equity Delivery 0.1% or ₹100 per order (whichever is lower)
Equity Intraday 0.01% or ₹100 per order (whichever is lower)
Equity Futures 0.01% or ₹100 per order (whichever is lower)
Equity Options ₹10 per lot or ₹100 per order (whichever is lower)
Currency Futures 0.01% or ₹100 per order (whichever is lower)
Currency Options ₹10 per lot or ₹100 per order (whichever is lower)

Brokerage is a bit higher if u trade fewer lots.. But it has something extra for options trader...advanced oi tracker, live Option Greeks etc.
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Yes fyers-one need little higher config PC.. but not much.
It is perfectly running on my 6yr old 2011 pc.. Intel Core i3 3.1Ghz, 8gb Ram, 64 bit Win 8.1. dual 1080p monitor...

@ headstrong007

Does Fyers One Platform offers Trading from Charts?

Tried to find out on their Website but from that seems it is not available. Just wanted to confirm.

Actually Brokerage is on the lower side but when we compare the Transaction charges the total cost of the trade goes up with them.

Not that too high but still when we are working with higher number of lots of Options, the total cost plays a good role.

Definitely yes. They added it long ago.. It is one of the advanced platforms in India.
They are old like share khan.... so implemented so many features with time and experience in 25yrs...



I think not many traders using fyers one bcoz of higher brokerage (100 per trade).

But, frankly speaking,
How many terminals have real-time update of FII/DII data, RBI interest rates, world market data, Macro-Economic data, quarterly results and company announcements? Terminal included Stock screeners, heat maps, Option Chain for Open Interest analysis, Option Greeks... almost everything...

Demo is free, try a demo first...
Account opening fees: Nil.
Call & Trade is free. So it don't give brokers a chance of earning through it.. by an intentional loss of connection in volatile times..