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
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
Charge | Fyers | Yes Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹400 | ₹999 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹500 |
Charge | Fyers | Yes Securities |
---|---|---|
Plan Name | Flat Fee Plan | Invest Value Plan |
Equity Delivery | ₹0 | 0.45% |
Equity Intraday | ₹20 per executed order or 0.03% whichever is less | 0.05% |
Equity Futures | ₹20 per executed order or 0.03% whichever is less | 0.05%, Intraday - 0.02% |
Equity Options | ₹20 per executed order | ₹75 per lot, Intraday - ₹25 per lot |
Currency Futures | ₹20 per executed order or 0.03% whichever is less | 0.05%, Intraday - 0.02% |
Currency Options | ₹20 per executed order | ₹75 per lot, Intraday - ₹25 per lot |
Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | N/A |
Mutual Fund | N/A | N/A |
Segment | Fyers | Yes Securities |
---|---|---|
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 |