Sharekhan vs Fyers

Sharekhan vs Fyers - side-by-side comparison . Compare Sharekhan vs Fyers brokerage, charges, exposure margin, demat account. Read Sharekhan vs Fyers review.

Detailed comparison Sharekhan vs Fyers and find out which is better in Sharekhan vs Fyers .

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Sharekhan

Fyers

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Sharekhan Fyers
Classic Account Fyers
Trading Account Opening Fee ₹0 ₹0 (Free)
Demat Account Opening Fee ₹0 ₹0 (Free)
Demat Account AMC * ₹400 ₹400
Trading Account AMC ₹0 ₹0 (Free)

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Sharekhan Fyers
Classic Account Fyers
Equity Delivery 0.50% Free
Equity Intraday 0.10% .01% or ₹20 per trade (whichever is lower)
Equity Future 0.10% .01% or ₹20 per trade (whichever is lower)
Equity Options ₹100 per lot ₹20 per trade
Currency Futures 0.10% .01% or ₹20 per trade (whichever is lower)
Currency Options ₹30 per lot ₹20 per trade
Monthly Fee NA ₹0
Commodity 0.10% ₹20 per trade

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Sharekhan Fyers
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Sharekhan Fyers
Classic Account Fyers
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 Per Cr
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 Per Cr
Equity Future * NSE ₹190 | BSE ₹50 NSE ₹240 Per Cr
Equity Options * NSE ₹5000 | BSE ₹50 NSE ₹5900 Per Cr
Currency Futures * NSE ₹135 | MCX ₹130 NSE ₹240 Per Cr
Currency Options NSE ₹4220 | MCX ₹3220 NSE ₹5900 Per Cr

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Sharekhan Fyers
Classic Account Fyers
Minimum Brokerage 5 paise per share ₹0
Call & Trade ₹0 ₹20 Per executed order
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) Rs 0 ₹20 per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Sharekhan Fyers
Classic Account Fyers
Trading Platform TradeTiger Terminal, Sharekhan Website and Mobile App FYERS One Desktop, Mobile and Web Platform
Placing orders through charts Yes Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Thematic investment platform
Detailed Education Initiatives Yes Yes
Unique features & Offers Pattern finder,Class room training 30 Day Challenge, Thematic Investing
Referral Program No 20% on brokerage

Demat Account Charges

Find charges for the best Demat Account for small investors

Sharekhan Fyers
Classic Account Fyers
Depository Service Provider CDSL CDSL & NSDL
Account Opening Fee

Actual Stamp Paper Charges

NIL
Advance Deposit

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

NIL
AMC

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

₹400 - Individual, ₹500 - Non Individual
Dematerialisation Charges

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

₹2 per certificate + ₹35 courier charges
Rematerialisation Charges

₹50 per certificate or ₹50 for every hundred securities

₹25+ ₹35 courier charges
Transaction Charges (Credit) - -
Transaction Charges (debit)

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

Flat ₹20 + 5.5 (CDSL charges) [On and Off Market Orders]
Pledge Creation Charges

0.03 % of the value of the Transaction (Min ₹100 per transaction)

0.05% of the transaction value subject to a minimum of ₹50 and a maximum of ₹250
Pledge Creation Confirmation Charges

Nil

-
Pledge Invocation Charges

Nil

0.02% of the transaction value subject to a minimum of ₹50 + depository charges at actually
Failed Instruction Charges

Nil

₹30 per transaction
Other Charges
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G
Adhoc / Non Periodic Statement Requests: Rs 25 per request (up to 10 pages). Additional page at Rs 5 + Rs 35 (Couier Charges)

Basic Details

Basic Details of Brokers

Sharekhan Fyers
Classic Account Fyers
Year of Incorporation 2000 2015
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL CDSL & NSDL
Website http://www.sharekhan.com http://fyers.in/
Contact Details 022-61150000 080-46251111
Total Number of Clients 5,04,796+ 7,099
Total Number of Branches 2900 Nil (Online brokerage platform)

Charts and Data

Charts and Data

Sharekhan Fyers
Classic Account Fyers
Live data source Yes NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30+ 70+
No.of charts can be opened 10 8
Live Scanners Yes Yes
Customizable screeners Yes Yes
Trading from charts Yes Yes
Compare Symbol performance on Chart No Yes
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 30 days 9+ months
End of Day historical data for charts 10 years 20+ years
Corporate action adjusted charts No Yes
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No Yes
Price Ladder No Yes

Leverage

Leverage

Sharekhan Fyers
Classic Account Fyers
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Sharekhan Fyers
Classic Account Fyers
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Sharekhan Fyers
Classic Account Fyers
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.50,000 Rs.10,000

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Sharekhan Fyers
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