Fyers Vs TradeJini – Indian Share Brokers Comparison
Fyers Vs TradeJini
Here is a point by point comparison of Fyers Vs TradeJini. 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. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as TradeJini or Fyers is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short term plans of investing or trading and a lot more.
To make things easy for you, we have listed out the comparison between Fyers Vs TradeJini 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 Indian stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Fyers Review | Tradejini Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2015 | 2012 |
Number of branches across India | 1 | 1 |
Exchanges | BSE, NSE | BSE, NSE, MCX and MCX SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹300 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹300 + One time PoA charges of ₹50 |
Demat Account Annual Maintenance Charges | ₹400 | ₹300 |
Transaction Charges | Fyers Transaction Charges | Tradejini Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order | ₹20 per executed order or 0.10% of Turnover whichever is lower |
Intraday Delivery | ₹20 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
Equity Futures | ₹20 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
Equity Options | ₹20 per executed order | ₹20 per executed order |
Currency Futures | ₹20 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
Currency Options | ₹20 per executed order | ₹20 per executed order |
Commodity | NA | ₹20 per executed order or 0.01% of Turnover whichever is lower |
Brokerage Calculator | Fyers Brokerage Calculator | Tradejini Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | Upto 20 Times for Intraday, & No leverage for Delivery |
Equity Futures | Upto 5 times | Normally 2.5 times with stop loss upto 5 times |
Equity Options | Upto 5 times | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times |
Currency Futures | Upto 5 times | NA |
Currency Options | Upto 5 times | NA |
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 | NEST, NSE Now, NSE Mobile Trading App |
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 Fyers Vs TradeJini for the benefits of other readers. Please feel free to share in the comments below.
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