Trading Bells vs Fyers Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
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
Trading Bells vs Fyers Account Opening Charges: 2024
| Charge | Trading Bells | Fyers |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹400 |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹300 |
Trading Bells vs Fyers Brokerage Charges and Plans : 2024
| Charge | Trading Bells | Fyers |
|---|---|---|
| Plan Name | N/A | Flat Fee Plan |
| Equity Delivery | ₹ 0 | ₹0 |
| Equity Intraday | ₹ 20 per executed order | ₹20 per executed order or 0.03% whichever is less |
| Equity Futures | ₹ 20 per executed order | ₹20 per executed order or 0.03% whichever is less |
| Equity Options | ₹ 20 per executed order | ₹20 per executed order |
| Currency Futures | ₹ 20 per executed order | ₹20 per executed order or 0.03% whichever is less |
| Currency Options | ₹ 20 per executed order | ₹20 per executed order |
| Commodity Options | ₹ 20 per executed order | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Trading Bells vs Fyers Margin / Exposure: 2024
| Segment | Trading Bells | Fyers |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Up to 10x for Most Scrips | Upto 5x |
| Equity Future | Intraday: 3x | Carry: 1x | Upto 4x |
| Equity Options | 1x | Upto 5x |
| Currency Future | Intraday: 3x | Carry: 1x | Upto 3x |
| Currency Options | Intraday: 3x | Carry: 1x | Upto 3x |
| Commodity Future | Intraday: 3x | Carry: 1x | Upto 3x |
| Commodity Options | N/A | Upto 3x |