Fyers Vs EZ Wealth
| |Fyers Vs EZ Wealth 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.
Fyers Vs EZ Wealth Comparison
Here is a point by point comparison of Fyers Vs EZ Wealth.
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.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at 11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Everything about discount brokers such as EZ Wealth 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 EZ Wealth 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Fyers Vs EZ Wealth Compare
Fyers Review | EZ Wealth Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2015 | 2017 |
Number of branches across India | 1 | 1 |
Exchanges | BSE, NSE | NSE, BSE, MCX, NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹1100 |
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 | |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order | ₹11 per executed order |
Intraday Delivery | ₹20 per executed order | ₹11 per executed order |
Equity Futures | ₹20 per executed order | ₹11 per executed order |
Equity Options | ₹20 per executed order | ₹11 per executed order |
Currency Futures | ₹20 per executed order | ₹11 per executed order |
Currency Options | ₹20 per executed order | ₹11 per executed order |
Commodity | NA | ₹11 per executed order |
Brokerage Calculator | Fyers Brokerage Calculator | EZ Wealth Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | 3 to 10 times for Intraday |
Equity Futures | Upto 5 times | Upto 2.5 Times |
Equity Options | Upto 5 times | NA |
Currency Futures | Upto 5 times | Upto 2.5 Times |
Currency Options | Upto 5 times | NA |
Commodities | NA | Upto 2.5 Times |
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 | EZ Desk, EZ WEb, EZ Mobi |
Total BSE+NSE Complaints | 38 | 41 |
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 Fyers Vs EZ Wealth 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: