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Zipper Trade Vs Fyers
| | Broker Comparison, Trading | No Comments
Zipper Trade 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.
Zipper Trade Vs Fyers Comparison
Here is a point by point comparison of Zipper Trade Vs Fyers.
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.
Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Discount brokers such as Fyers or Zipper Trade 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 Zipper Trade 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Zipper Trade Vs Fyers Compare
 |  | |
| Fyers Review | Zipper Trade Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Stock Broker |
| Incorporated In the Year | 2015 | 2016 |
| Number of branches across India | 1 | 1 |
| Exchanges | BSE, NSE | NSE, BSE, MCX-SX, MCX 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 | Zipper Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 per executed order | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Intraday Delivery | ₹20 per executed order | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Futures | ₹20 per executed order | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Options | ₹20 per executed order | ₹15 per executed order |
| Currency Futures | ₹20 per executed order | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Currency Options | ₹20 per executed order | ₹15 per executed order |
| Commodity | NA | ₹15 per executed order |
| Brokerage Calculator | Fyers Brokerage Calculator | Zipper Trade Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | Upto 10 times for Intraday, No exposure for Delivery |
| Equity Futures | Upto 5 times | 2 times for Intraday |
| Equity Options | Upto 5 times | 3 times for Intraday |
| Currency Futures | Upto 5 times | 2 times for Intraday |
| Currency Options | Upto 5 times | 3 times for Intraday |
| Commodities | NA | 2 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 Diet, NOW Online |
| Complaints percentage | 0.13% | 0.05% |
| 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 Zipper Trade Vs Fyers for the benefits of other readers? Please feel free to share in the comments below.
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
Zipper Trade Vs Fyers
Overall Rating
