| Basic Details | - •Broker Type: Discount broker
- •Founded: 2015
| - •Broker Type: Digital-first discount-style broker and wealth platform
- •Founded: 2017
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| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0 (lifetime as stated)
| - •Account opening is shown as digital and low-cost (source also references Rs 200 in one section).
- •Maintenance charges are positioned as low/zero in key offers.
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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: Rs 20 or 2.5% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.05% (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.
| - •Auto square-off charge listed (Rs 50).
- •Physical statement and courier fees can apply on request.
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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.
| - •Margin funding and MTF support are available in product positioning.
- •Actual leverage depends on segment and risk policies.
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| Features | - •In-house built trading stack.
- •Insta Options for strategy building and payoff analysis.
| - •Strong mutual fund and wealth app roots.
- •GTT, GTC, CO, BO, and basket order support referenced.
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| Trading Platforms | - •Fyers App (mobile)
- •Fyers Web
| - •Paytm Money mobile app
- •Paytm Money web platform
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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.
| - •Positioned as low-cost, digital-first platform with large user base.
- •Source extract includes ratings section heading but not a full visible numeric table in this slice.
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| Investment Options | | - •Equity and F&O
- •Mutual funds and SIP
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| Order Types Offered | - •Standard equity and derivatives order types
- •Intraday and delivery order handling
| |
| Suitable For (Investor Type) | - •Active traders focused on low brokerage and platform tools.
- •Users who prefer in-house charting and options strategy interfaces.
| - •App-first investors and traders seeking all-digital flow.
- •Users wanting combined mutual fund plus stock execution.
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| Pros and Cons | - •Pros:
- •Very competitive flat-fee structure.
| - •Pros:
- •Broad digital investing stack with useful advanced order features.
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