Fyers vs Indiabulls Comparison: 2024
About Fyers
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.
Fyers : Overview
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
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Fyers vs Indiabulls Account Opening Charges: 2024
| Charge | Fyers | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹400 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 | ₹450 |
Fyers vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Fyers | Indiabulls |
|---|---|---|
| Plan Name | Flat Fee Plan | Equity Unlimited Trade Plan |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹20 per executed order or 0.03% whichever is less | ₹0 |
| Equity Futures | ₹20 per executed order or 0.03% whichever is less | ₹15 per trade |
| Equity Options | ₹20 per executed order | ₹15 per trade |
| Currency Futures | ₹20 per executed order or 0.03% whichever is less | ₹15 per trade |
| Currency Options | ₹20 per executed order | ₹15 per trade |
| Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Fyers vs Indiabulls Margin / Exposure: 2024
| Segment | Fyers | Indiabulls |
|---|---|---|
| Equity Delivery | 1x | 1x (No margin) |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Future | Upto 4x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | Upto 5x | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Upto 3x | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Upto 3x | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | Upto 3x | N/A |
| Commodity Options | Upto 3x | N/A |