Fyers vs Prabhudas Lilladher 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 Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
Fyers vs Prabhudas Lilladher Account Opening Charges: 2024
| Charge | Fyers | Prabhudas Lilladher |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹400 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 | ₹250, free for 1st year |
Fyers vs Prabhudas Lilladher Brokerage Charges and Plans : 2024
| Charge | Fyers | Prabhudas Lilladher |
|---|---|---|
| Plan Name | Flat Fee Plan | N/A |
| Equity Delivery | ₹0 | 0.2% |
| Equity Intraday | ₹20 per executed order or 0.03% whichever is less | 0.02% |
| Equity Futures | ₹20 per executed order or 0.03% whichever is less | 0.02% |
| Equity Options | ₹20 per executed order | 0.02% |
| Currency Futures | ₹20 per executed order or 0.03% whichever is less | 0.02% to 0.01% |
| Currency Options | ₹20 per executed order | ₹15 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 Prabhudas Lilladher Margin / Exposure: 2024
| Segment | Fyers | Prabhudas Lilladher |
|---|---|---|
| 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 |