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
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Charge | Fyers | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹400 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹300 |
Charge | Fyers | Trade Smart Online |
---|---|---|
Plan Name | Flat Fee Plan | Power Trading Plan |
Equity Delivery | ₹0 | ₹15 per executed order |
Equity Intraday | ₹20 per executed order or 0.03% whichever is less | ₹15 per executed order |
Equity Futures | ₹20 per executed order or 0.03% whichever is less | ₹15 per executed order |
Equity Options | ₹20 per executed order | ₹15 per executed order |
Currency Futures | ₹20 per executed order or 0.03% whichever is less | ₹15 per executed order |
Currency Options | ₹20 per executed order | ₹15 per executed order |
Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | Fyers | Trade Smart Online |
---|---|---|
Equity Delivery | 1x | 1x (No Margin) |
Equity Intraday | Upto 5x | Upto 30x |
Equity Future | Upto 4x | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | Upto 5x | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | Upto 3x | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | Upto 3x | MIS: 3X |
Commodity Future | Upto 3x | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | Upto 3x | N/A |