You may have heard of Zerodha and Fyers if you are in India and want to find a trustworthy and cheap online broker. Traders and investors will like both of them for different reasons, but how do Zerodha vs Fyers compare? This blog post will look at the key factors that Zerodha and Fyers are different to help you choose which one is best for you.
Zerodha has more than 5 million customers and more than 15% of the Indian market, making it one of the biggest and most well-known in the country. Zerodha charges ₹0 for delivering stocks and ₹20 or 0.03% per executed order for Equity Intraday and Futures. For Equity Options, the price is fixed at ₹20 per executed order. There are also many trading platforms on Zerodha, such as Kite, Coin, Console, Varsity, and more. Zerodha has won a lot of awards and praise for its new ideas and great customer service.
Fyers is an online broker that opened in 2015, so it isn’t very old. Fyers also charges ₹0 for delivering stocks and ₹20 or 0.03% per executed order for Equity Intraday and Futures. For Equity Options, the fee is flat ₹20 per executed order. Fyers also has its own trading platforms, like Fyers Markets, Fyers One, and Fyers Web. Fyers says that its trading platforms are the best in India because they have the most advanced tools and features.
Both Zerodha and Fyers have good customer service, and you can get in touch with them through phone, email, chat, and social media. But Zerodha might be better than Fyers when it comes to response time and resolution time. Zerodha has a bigger team of customer service reps and a separate website for filing complaints. It might take longer for Fyers to answer and solve customer questions and problems.
Both Zerodha and Fyers have great trading platforms that are easy to use and have a lot of useful features. But when it comes to technical analysis and charts, Fyers might be better than Zerodha. Zerodha doesn’t have as many indicators, scanners, screeners, or strategies as Fyers does. Zerodha’s platform, on the other hand, is more stable and strong, with fewer bugs and downtimes.
Both Zerodha and Fyers have many different goods and services for different kinds of traders and investors. Zerodha offers more goods and services than Fyers. Fyers does not offer margin trading facility (MTF), collateral margin against shares (CAMS), smallcase, IPOs, NFOs, bonds, ETFs, gold bonds, sovereign gold bonds (SGBs), or any other type of trading. Zerodha does.
Both Zerodha and Fyers offer research and education materials to help their clients learn how to trade better. But Zerodha has a better and more complete platform for learning and research than Fyers. Zerodha, for instance, has Varsity, which is one of the best places to learn about the stock market online. You can also find TradingQ&A on Zerodha. This is a community forum where traders can share their knowledge and ask questions. Fyers also has a blog and a YouTube channel where they post articles and videos that teach.
For informational purposes only:
The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.
Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
Product Name |
Zerodha Trading App Review 2024Fyers review and brokerage charges |
Product Image |
![]() ![]() |
Price | |
Our Rating | |
Brand | Zerodha Fyers |
Category | Stock brokers Stock brokers |
![]() ![]() | |
Company name | Zerodha FYERS Securities Private Limited |
Headquarters | Bengaluru Bengaluru |
Founder | Nithin Kamath Tejas Khoday, Yashas Khoday, and Shreyas Khoday |
Establishment Year | 15 August 2010 2015 |
![]() ![]() | |
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. | ₹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 |
![]() ![]() | |
Pledge Creation Charges | ₹30 + GST per pledge request ₹0 |
Pledge Invocation Charges | ₹0 ₹0 |
Interest on Margin Trading | 0.035% per day (equivalent to 12.775% p.a.) Does not provide |
Margin Re-Pledge | ₹0 ₹0 |
![]() ![]() | |
Brokerage Plan | Standard Standard account |
Equity Delivery Charges | ₹0 ₹0 |
Equity Intraday Charges | ₹20 or 0.03% per executed order, whichever is lower ₹20 or 0.03% per executed order, whichever is lower |
Equity Futures charges | ₹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 |
Currency Futures charges | ₹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 | Flat ₹20 per executed order Flat ₹20 per executed order |
Commodity Futures charges | ₹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 | ₹20 per executed order ₹20 per executed order |
![]() ![]() | |
Demat Services | ✅Yes ✅Yes |
Trading Services | ✅Yes ✅Yes |
Intraday Services | ✅Yes ✅Yes |
F&O Services | ✅Yes ✅Yes |
IPO Services | ✅Yes ✅Yes |
Share Pledging | ✅Yes ✅Yes |
NRI Services | ✅Yes ✅Yes |
Referral Program | ✅Yes ✅Yes |
![]() ![]() | |
Call Support | 080 47181888 080-600 01 111 (9:00AM - 11:55PM) |
Email Support | renu.pd@zerodha.com (10AM - 5PM) support@fyers.in (9:00AM - 11:55PM) |
Whatsapp Support | ⛔No ⛔No |
Website Support | ✅Yes, create ticket ✅Yes, Articles only. No Chat support |
![]() ![]() | |
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. |
Equity Intraday Margin Leverage | 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; requires full margin upfront No leverage available; requires full margin upfront |
Equity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Currency F&O Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
![]() ![]() | |
Free Account Opening | ⛔No ✅Yes |
Free Brokerage | On Stock delivery, Mutual Funds and IPOs only On Stock delivery, Mutual Funds and IPOs only |
Free AMC | ✅Yes ✅Yes |
Free Equity Delivery | ✅Yes ✅Yes |
Free F&O Trading | ⛔No ⛔No |
Free Intraday Trading | ⛔No ⛔No |
Free Trading calls | ⛔No ⛔No |
Happy Trading Hours | ⛔No ⛔No |
Flexible Brokerage Plans | ⛔No ⛔No |
Referral Offers | ✅Yes ✅Yes |
Margin Funding (MTF)/ Pledging | ✅Yes ✅Yes |
Brokerage Cashback | ⛔No ⛔No |
Zero Brokerage for Loss Making Trades | ⛔No ⛔No |
Relationship Manager | ⛔No ⛔No |
![]() ![]() | |
Equity Delivery | ✅Yes ✅Yes |
Equity Intraday | ✅Yes ✅Yes |
Equity Futures | ✅Yes ✅Yes |
Equity Options | ✅Yes ✅Yes |
Currency Futures | ✅Yes ✅Yes |
Currency Options | ✅Yes ✅Yes |
Commodity Futures | ✅Yes ✅Yes |
Commodity Options | ✅Yes ✅Yes |
Foreign Stocks | ⛔No ⛔No |
Mutual Funds | ✅Yes ✅Yes |
Banking | ⛔No ⛔No |
Insurance | ⛔No ⛔No |
Corporate Bonds | ⛔No ⛔No |
Govt. Bonds | ⛔No ⛔No |
Digital Gold | ⛔No ⛔No |
![]() ![]() | |
Market Order | ✅Yes ✅Yes |
Limit Order | ✅Yes ✅Yes |
Bracket Order | ✅Yes ✅Yes |
Cover Order | ✅Yes ✅Yes |
After Market Order (AMO) | ✅Yes ✅Yes |
Good Till Cancelled (GTC) | ✅Yes ✅Yes |
Buy Today Sell Tomorrow (BTST) | ⛔No ⛔No |
Sell Today Buy Tomorrow (STBT) | ⛔No ⛔No |
![]() ![]() | |
Annual Reports | ✅Yes, powered by Tickertape ✅Yes |
Company Reports | ✅Yes, powered by Tickertape ✅Yes |
Research Reports | ✅Yes, powered by Tickertape ✅Yes |
Fundamental Reports | ✅Yes, powered by Tickertape ✅Yes |
IPO Reports | ✅Yes ✅Yes |
Technical Reports | ✅Yes, powered by Streak ✅Yes |
Stock tips | ⛔No ⛔No |
Daily Market Review | ⛔No ✅Yes |
Monthly Review | ⛔No ✅Yes |
Weekly Review | ⛔No ✅Yes |
Robo Advisory | ⛔No ⛔No |
![]() ![]() | |
Equity Delivery STT & CTT | 0.1% on buy & sell 0.1% on Buy and Sell |
Equity Intraday STT & CTT | 0.025% on the sell side 0.025% on Sell |
Equity Futures STT & CTT | 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 |
Currency Futures STT & CTT | No STT No STT |
Currency Options STT & CTT | No STT No STT |
Commodity Futures STT & CTT | 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri) |
Commodity Options STT & CTT | 0.05% on sell side 0.05% on sell side |
![]() ![]() | |
Watchlist | ✅Yes ✅Yes |
Real Time Updates | ✅Yes ✅Yes |
Portfolio Details | ✅Yes ✅Yes |
Price Alert | ✅Yes ✅Yes |
Online Mutual Fund Buy | ✅Yes ✅Yes |
Global indices | ⛔No ⛔No |
Customized Recommendations | ⛔No ✅Yes |
Advanced charting | ✅Yes ✅Yes |
Live market | ✅Yes ✅Yes |
Multiple Profile Management | ⛔No ⛔No |
Secure Platform | ✅Yes ✅Yes |
![]() ![]() | |
Android App | ✅Yes ✅Yes |
iOS App | ✅Yes ✅Yes |
Web Trading Platform | ✅Yes ✅Yes |
Trading Terminal | ✅Yes ✅Yes |
Algo Trading Platform | ✅Yes ✅Yes |
Foreign Stocks Trading Platform | ⛔No ⛔No |
Basket Trading Platform | ✅Yes ✅Yes |
Mutual Fund Investment Platform | ✅Yes ✅Yes |
Digital Gold Investment Platform | ⛔No ⛔No |
Bonds Investment Platform | ⛔No ⛔No |
![]() ![]() | |
Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% |
Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% | BSE: 0.00375% |
Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 0.0005% |
Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.005% (on premium) 0.009% |
Currency Futures Transaction Charges | 0.0009% NSE- 0.0009% |
Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE- 0.035% | BSE- 0.001% |
Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% MCX- Non-Agri: 0.0026% |
Commodity Options Transaction Charges | Exchange txn charge: 0.05% MCX- Non-Agri: 0.05% |
![]() ![]() | |
Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side 0.015% |
Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% |
Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% |
Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% |
Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side |
Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side |
Commodity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% on Buy Side |
Commodity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% on Buy Side |
![]() ![]() | |
SEBI Turnover Charges | ₹10 / crore ₹10/Crore (For all segments) |
DP Charges | ₹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) |
Account Closure Charges | Free Free |
Reactivation Charges | Free Free |
Dematerialization Charges | ₹150 per share certificate, ₹100 courier charges, + 18% GST ₹0 |
Call and Trade charges | ₹50 per order ₹50 per executed order |