Zerodha 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.

Watch this Video in Hindi at the end of the page!

Here is a point by point comparison of Zerodha Vs Fyers.

Zerodha Vs Fyers Comparison

Zerodha is one of the leading discount brokers in India which was founded in 2010. Discount brokers such as Zerodha charge a fixed amount at the transaction level and are independent of the size of the transaction. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.

Zerodha offers a seamless way of opening account including the post services for activation like Zerodha IPV.

Fyers is also 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.

Everything about discount brokers such as Zerodha or Fyers is Online, be it – customer service, trading, account opening etc.

Must Read: Groww Vs Zerodha

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 Zerodha 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

Zerodha Vs Fyers Details

Generally, the 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 stockbroking 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.

Here is a detailed point by point comparison between the two brokers:

 

*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.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

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 Zerodha Vs Fyers for the benefits of other readers? Please feel free to share in the comments below.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.

 

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Zerodha Vs Fyers – Hindi Video Review