| Basic Details | - •Broker Type: Discount broker
- •Founded: 2015
| - •Broker Type: Full-service broker with discount-style pricing plans
- •Founded: 1987
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| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0 (lifetime as stated)
| - •Account Opening: Nil in promoted offer periods
- •Demat/AMC: Often free for first year in offer windows
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| Brokerage | - •Equity Delivery: Rs 20 or 0.03% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.03% (whichever is lower)
| - •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
- •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
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| Other Charges | - •Call and Trade: additional charge (referenced as Rs 50/order)
- •Admin square-off charges may apply for auto close positions.
| - •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
- •Call and trade attracts additional fee.
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| Leverage (Margin) | - •Margin products include MTF offerings in promotional messaging.
- •Practical leverage and margin depend on segment, risk, and exchange norms.
| - •Intraday equity leverage can go up to around 5x on eligible stocks.
- •F&O margins follow exchange and risk norms.
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| Features | - •In-house built trading stack.
- •Insta Options for strategy building and payoff analysis.
| - •ARQ advisory engine for idea support.
- •Large branch and partner network.
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| Trading Platforms | - •Fyers App (mobile)
- •Fyers Web
| - •Angel One App (mobile)
- •Angel One Trade (web)
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| Reviews & Ratings | - •Marketed as a low-brokerage technology-first platform.
- •In this source extract, a single numeric overall rating is not prominently presented.
| - •Overall rating reference seen in source: 2.7/5 (partial table snapshot).
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| Investment Options | | |
| Order Types Offered | - •Standard equity and derivatives order types
- •Intraday and delivery order handling
| - •Standard market and limit orders
- •Intraday and delivery order flows
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| Suitable For (Investor Type) | - •Active traders focused on low brokerage and platform tools.
- •Users who prefer in-house charting and options strategy interfaces.
| - •Users wanting a mix of full-service support and flat-fee trading.
- •Traders who value research and advisory touchpoints.
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| Pros and Cons | - •Pros:
- •Very competitive flat-fee structure.
| - •Pros:
- •Strong brand history and physical support network.
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