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Trading Bells Vs Fyers – Share Brokers Detailed Comparison
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Trading Bells Vs Fyers
Here is a point by point comparison of Trading Bells Vs Fyers. Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
FYERS is a discount broker but launched recently in April 2015. It stands for “Focus Your Energy & Reform the Self” and is known for its advanced trading platforms with different unique features.
Discount brokers such as Trading Bells or Fyers offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Trading Bells Vs Fyers to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Fyers Review | Trading Bells Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2015 | 2014 |
| Number of branches across India | 1 | 1 |
| Exchanges | BSE, NSE | NSE, BSE, MCX, MCX – SX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
| Transaction Charges | Fyers Transaction Charges | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 per executed order | ₹0 |
| Intraday Delivery | ₹20 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | ₹20 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹20 per executed order | Flat ₹20 per executed order |
| Currency Futures | ₹20 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹20 per executed order | Flat ₹20 per executed order |
| Commodity | NA | 0.01% or ₹20 per executed order whichever is lower |
| Brokerage Calculator | Fyers Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | Upto 10 times Intraday |
| Equity Futures | Upto 5 times | Upto 3 times for Intraday |
| Equity Options | Upto 5 times | Buying no leverage |
| Currency Futures | Upto 5 times | Upto 2 times for Intraday |
| Currency Options | Upto 5 times | Upto 3 times for Intraday |
| Commodities | NA | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts |  | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | FYERS One, FYERS Markets, FYERS Web Trader | ODIN, NETNET Lite, NSE Now, Mobile Trade |
| Total BSE+NSE Complaints | 38 | 9 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Trading Bells Vs Fyers for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Date
Broker Name
Trading Bells Vs Fyers
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