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
	Get a Callback	Get a Call Back

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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