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
A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
Charge | Fyers | Motilal Oswal |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹400 | ₹1000 (One-time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹299 |
Charge | Fyers | Motilal Oswal |
---|---|---|
Plan Name | Flat Fee Plan | Default Plan |
Equity Delivery | ₹0 | 0.50% |
Equity Intraday | ₹20 per executed order or 0.03% whichever is less | 0.05% (both side) |
Equity Futures | ₹20 per executed order or 0.03% whichever is less | 0.05% (both side) |
Equity Options | ₹20 per executed order | ₹100 per lot (both side) |
Currency Futures | ₹20 per executed order or 0.03% whichever is less | ₹20 per lot (both side) |
Currency Options | ₹20 per executed order | ₹20 per lot (both side) |
Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | 0.05% (both side) |
Mutual Fund | N/A | N/A |
Segment | Fyers | Motilal Oswal |
---|---|---|
Equity Delivery | 1x | 4x |
Equity Intraday | Upto 5x | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x |
Equity Future | Upto 4x | Upto 3x |
Equity Options | Upto 5x | Nil |
Currency Future | Upto 3x | N/A |
Currency Options | Upto 3x | Nil |
Commodity Future | Upto 3x | Upto 3x |
Commodity Options | Upto 3x | N/A |