Looking for Low Brokerage, High Margin & Free Tips?
Yes Securities Vs Fyers
| | Broker Comparison, Trading | No Comments
Yes Securities Vs Fyers comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Yes Securities Vs Fyers Comparison
Here is a point by point comparison of Yes Securities Vs Fyers.
Fyers is a discount broker 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 across mobile, web and desktop.
Yes Securities, a bank based full-service stockbroker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account provides tips and research to its clients at a reasonable brokerage percentage-based rate.
Everything about discount brokers such as Fyers is Online, be it – customer service, trading, account opening etc.
Full-service brokers such as Yes Securities will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody etc. 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 Yes Securities and Fyers to help you find which of the two suits your needs better.
The comparison is made on various 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 and which one to go for.
Yes Securities Vs Fyers Compare
Here is a point-by-point comparison between Angel Broking and Fyers:
 |  | |
| Fyers Review | Yes Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2015 | 2013 |
| Number of branches across India | 1 | 52 |
| Exchanges | BSE, NSE | BSE, NSE |
| 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 | ₹500 |
| Transaction Charges | Fyers Transaction Charges | Yes Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 per executed order | 0.45% or ₹25 whichever is higher |
| Intraday Delivery | ₹20 per executed order | 0.05% |
| Equity Futures | ₹20 per executed order | 0.05% |
| Equity Options | ₹20 per executed order | ₹75 per lot |
| Currency Futures | ₹20 per executed order | 0.05% |
| Currency Options | ₹20 per executed order | ₹75 per lot |
| Commodity | NA | NA |
| Brokerage Calculator | Fyers Brokerage Calculator | Yes Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | Intraday upto 5 times |
| Equity Futures | Upto 5 times | Upto 3 times for intraday |
| Equity Options | Upto 5 times | Buying No Leverage, Shorting upto 3 times for Intraday |
| Currency Futures | Upto 5 times | Upto 2 times for intraday |
| Currency Options | Upto 5 times | Buying No Leverage, Shorting upto 3 times for Intraday |
| Commodities | NA | NA |
| 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 | Yes Web, Mobile App |
| Complaint %age against the broker | 0.10% | 0.09% |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Yes Securities Vs Fyers for the benefits of other readers? Please feel free to share in the comments below. Your experiences might work as learnings for others.
Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Yes Securities Vs Fyers
Overall Rating
