Fyers Securities is a team of young, enthusiastic business people with over 10 years of trading and security industry experience. They are also associated with IL&FS Securities Services Limited for their demat account services and mutual fund services.
One interesting fact about this stock broker is that it pioneered a new method in investing stock called ‘Themed Investment’ providing the ability to invest in similar category of stocks. The closest similar practice would be with Exchange Traded Funds (ETFs). However, Thematic Investment offers more flexibility than ETFs, because the companies to invest in a particular theme are identified by the broker, even the community sometimes.
Based out of Bangalore, Karnataka, Fyers was launched in 2015, and in this limited time period, it has become one of the popular discount brokers in India. Found by Tejas Khoday, Shreyas Khodey & Yashas Khodey, FYERS is basically an acronym for ‘Focus Your
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Charge | Fyers | Anand Rathi |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹550 (One time) |
Trading Acc Opening Charges | ₹400 | ₹750 (One time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹299 from second year onward |
Charge | Fyers | Anand Rathi |
---|---|---|
Plan Name | Flat Fee Plan | Standard Plan |
Equity Delivery | ₹0 | 0.5% - 0.15% |
Equity Intraday | ₹20 per executed order or 0.03% whichever is less | 0.05% -0.015% |
Equity Futures | ₹20 per executed order or 0.03% whichever is less | 0.05% -0.015% |
Equity Options | ₹20 per executed order | ₹75 to ₹20 |
Currency Futures | ₹20 per executed order or 0.03% whichever is less | 0.05% -0.015% |
Currency Options | ₹20 per executed order | ₹75 to ₹20 |
Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | 0.008% - 0.05% |
Mutual Fund | N/A | N/A |
Segment | Fyers | Anand Rathi |
---|---|---|
Equity Delivery | 1x | N/A |
Equity Intraday | Upto 5x | N/A |
Equity Future | Upto 4x | N/A |
Equity Options | Upto 5x | N/A |
Currency Future | Upto 3x | N/A |
Currency Options | Upto 3x | N/A |
Commodity Future | Upto 3x | N/A |
Commodity Options | Upto 3x | N/A |