Fyers vs Marwadi Shares 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 Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
Fyers vs Marwadi Shares Account Opening Charges: 2024
| Charge | Fyers | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹400 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 | ₹450 per year or one time fee of ₹2500 |
Fyers vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Fyers | Marwadi Shares |
|---|---|---|
| Plan Name | Flat Fee Plan | N/A |
| Equity Delivery | ₹0 | 0.30% |
| Equity Intraday | ₹20 per executed order or 0.03% whichever is less | 0.06% |
| Equity Futures | ₹20 per executed order or 0.03% whichever is less | 0.02% |
| Equity Options | ₹20 per executed order | ₹100 per lot |
| Currency Futures | ₹20 per executed order or 0.03% whichever is less | 0.02% |
| Currency Options | ₹20 per executed order | ₹100 per lot |
| Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | 0.02% |
| Mutual Fund | N/A | N/A |
Fyers vs Marwadi Shares Margin / Exposure: 2024
| Segment | Fyers | Marwadi Shares |
|---|---|---|
| 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 |