Indmoney vs Zerodha vs Fyers
In this article, we will review ‘Indmoney vs Zerodha vs Fyers‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
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| Product Name |
Indmoney review with ChargesZerodha Trading App Review 2024Fyers review and brokerage charges |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | Indmoney Zerodha Fyers |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
|
| Company name | Indmoney- Finzoom Investment Advisors Private Limited Zerodha FYERS Securities Private Limited |
| Headquarters | Gurugram, Haryana Bengaluru Bengaluru |
| Founder | Ashish Kashyap Nithin Kamath Tejas Khoday, Yashas Khoday, and Shreyas Khoday |
| Establishment Year | 2019 15 August 2010 2015 |
Account opening & AMC
|
|
| Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. | ₹0 ₹200 ₹0 |
| Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. | ₹0 ₹0 ₹0 |
Pledge Charges
|
|
| Pledge Creation Charges | Does not provide ₹30 + GST per pledge request ₹0 |
| Pledge Invocation Charges | Does not provide ₹0 ₹0 |
| Interest on Margin Trading | Does not provide 0.035% per day (equivalent to 12.775% p.a.) Does not provide |
| Margin Re-Pledge | Does not provide ₹0 ₹0 |
Brokerage charges & Fees
|
|
| Brokerage Plan | Standard Standard Standard account |
| Equity Delivery Charges | ₹20 or 0.05% whichever is lower ₹0 ₹0 |
| Equity Intraday Charges | ₹20 or 0.05% whichever is lower ₹20 or 0.03% per executed order, whichever is lower ₹20 or 0.03% per executed order, whichever is lower |
| Equity Futures charges | Flat ₹20 per executed order ₹20 or 0.03% per executed order, whichever is lower ₹20 or 0.03% per executed order, whichever is lower |
| Equity Options charges | Flat ₹20 per executed order Flat ₹20 per executed order Flat ₹20 per executed order |
| Currency Futures charges | Does not offer ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
| Currency Options charges | Does not offer Flat ₹20 per executed order Flat ₹20 per executed order |
| Commodity Futures charges | Does not offer ₹20 per executed order or 0.03% of the transaction value, whichever is lower ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
| Commodity Options charges | Does not offer ₹20 per executed order ₹20 per executed order |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
 No
Yes
Yes
|
| NRI Services |
No
Yes
Yes
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 07314852049 080 47181888 080-600 01 111 (9:00AM - 11:55PM) |
| Email Support | instockssupport@indmoney.com renu.pd@zerodha.com (10AM - 5PM) support@fyers.in (9:00AM - 11:55PM) |
| Whatsapp Support |
No
No
No
|
| Website Support |
Yes, Create ticket
Yes, create ticket
Yes, Articles only. No Chat support
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; you need the full purchase value in your account. No leverage available; you need the full purchase value in your account. |
| Equity Intraday Margin Leverage | No leverage available; you need the full purchase value in your account. Upto 5x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks) |
| Equity F&O Intraday Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Equity F&O Carry Forward Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Currency F&O Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Commodity F&O Intraday Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Commodity F&O Carry Forward Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Unique Offerings
|
|
| Free Account Opening |
Yes
No
Yes
|
| Free Brokerage |
Yes, IPOs & Mutual Funds only
On Stock delivery, Mutual Funds and IPOs only
On Stock delivery, Mutual Funds and IPOs only
|
| Free AMC |
Yes
Yes
Yes
|
| Free Equity Delivery |
No
Yes
Yes
|
| Free F&O Trading |
No
No
No
|
| Free Intraday Trading |
No
No
No
|
| Free Trading calls |
No
No
No
|
| Happy Trading Hours |
No
No
No
|
| Flexible Brokerage Plans |
Yes
No
No
|
| Referral Offers |
Yes
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
No
Yes
Yes
|
| Brokerage Cashback |
No
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
No
|
| Relationship Manager |
No
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
Yes
|
| Equity Intraday |
Yes
Yes
Yes
|
| Equity Futures |
Yes
Yes
Yes
|
| Equity Options |
Yes
Yes
Yes
|
| Currency Futures |
No
Yes
Yes
|
| Currency Options |
No
Yes
Yes
|
| Commodity Futures |
No
Yes
Yes
|
| Commodity Options |
No
Yes
Yes
|
| Foreign Stocks |
Yes
No
No
|
| Mutual Funds |
Yes
Yes
Yes
|
| Banking |
No
No
No
|
| Insurance |
No
No
No
|
| Corporate Bonds |
No
No
No
|
| Govt. Bonds |
No
No
No
|
| Digital Gold |
No
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
Yes
|
| Limit Order |
Yes
Yes
Yes
|
| Bracket Order |
Yes
Yes
Yes
|
| Cover Order |
Yes
Yes
Yes
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
No
No
No
|
| Sell Today Buy Tomorrow (STBT) |
No
No
No
|
Research & Reports
|
|
| Annual Reports |
Yes
Yes, powered by Tickertape
Yes
|
| Company Reports |
Yes
Yes, powered by Tickertape
Yes
|
| Research Reports |
No
Yes, powered by Tickertape
Yes
|
| Fundamental Reports |
Yes
Yes, powered by Tickertape
Yes
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
Yes
Yes, powered by Streak
Yes
|
| Stock tips |
No
No
No
|
| Daily Market Review |
Yes
No
Yes
|
| Monthly Review |
Yes
No
Yes
|
| Weekly Review |
Yes
No
Yes
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
|
|
| Equity Delivery STT & CTT | 0.1% on buy & sell 0.1% on buy & sell 0.1% on Buy and Sell |
| Equity Intraday STT & CTT | 0.025% on sell transactions 0.025% on the sell side 0.025% on Sell |
| Equity Futures STT & CTT | 0.0125% on sell side 0.0125% on the sell side 0.0125% on Sell |
| Equity Options STT & CTT | 0.0625% on sell side (on premium) 0.0625% on sell side (on premium) 0.0625% on Sell |
| Currency Futures STT & CTT |
Does not offer
No STT
No STT
|
| Currency Options STT & CTT |
Does not offer
No STT
No STT
|
| Commodity Futures STT & CTT |
Does not offer
0.01% on sell side (Non-Agri)
0.01% on sell side (Non-Agri)
|
| Commodity Options STT & CTT |
Does not offer
0.05% on sell side
0.05% on sell side
|
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
Yes
No
No
|
| Customized Recommendations |
No
No
Yes
|
| Advanced charting |
No
Yes
Yes
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
No
Yes
Yes
|
| Algo Trading Platform |
No
Yes
Yes
|
| Foreign Stocks Trading Platform |
Yes
No
No
|
| Basket Trading Platform |
No
Yes
Yes
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
No
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% |
| Equity Intraday Transaction Charges | BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% |
| Equity Futures Transaction Charges | NSE: 0.0019%, BSE: 0 (Zero) NSE: 0.0019% | BSE: 0 0.0005% |
| Equity Options Transaction Charges | NSE: 0.05% (on premium), BSE: 0.005% (on premium) NSE: 0.05% (on premium) | BSE: 0.005% (on premium) 0.009% |
| Currency Futures Transaction Charges | Does not offer 0.0009% NSE- 0.0009% |
| Currency Options Transaction Charges | Does not offer NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE- 0.035% | BSE- 0.001% |
| Commodity Futures Transaction Charges | Does not offer Exchange txn charge: 0.0026% MCX- Non-Agri: 0.0026% |
| Commodity Options Transaction Charges | Does not offer Exchange txn charge: 0.05% MCX- Non-Agri: 0.05% |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% Buy 0.015% or ₹1500 / crore on buy side 0.015% |
| Equity Intraday Stamp Duty | 0.003% Buy 0.003% or ₹300 / crore on buy side 0.003% |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side 0.002% |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003% |
| Currency Futures Stamp Duty |
Does not offer
0.0001% or ₹10 / crore on buy side
0.0001% on Buy Side
|
| Currency Options Stamp Duty |
Does not offer
0.0001% or ₹10 / crore on buy side
0.0001% on Buy Side
|
| Commodity Futures Stamp Duty |
Does not offer
0.002% or ₹200 / crore on buy side
0.002% on Buy Side
|
| Commodity Options Stamp Duty |
Does not offer
0.003% or ₹300 / crore on buy side
0.003% on Buy Side
|
Other Charges
|
|
| SEBI Turnover Charges | ₹10/Crore (For all segments) ₹10 / crore ₹10/Crore (For all segments) |
| DP Charges | ₹13.5/scrip ₹13.5 + GST per scrip (irrespective of quantity) ₹7 + ₹5.5 (CDSL Charges) |
| GST charges | 18% of (brokerage + transaction charges + Demat) 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹250 per certificate ₹150 per share certificate, ₹100 courier charges, + 18% GST ₹0 |
| Call and Trade charges | ₹ 500 per order ₹50 per order ₹50 per executed order |
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