| Basic Details | - •Broker Type: Discount broker
- •Founded: 2010
| - •Broker Type: Discount broker
- •Founded: 2015
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| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0
| - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0 (lifetime as stated)
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| Brokerage | - •Equity Delivery: Rs 0
- •Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
| - •Equity Delivery: Rs 20 or 0.03% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.03% (whichever is lower)
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| Other Charges | - •Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
- •DP and depository-side transactional charges apply for applicable sell-side delivery flows.
| - •Call and Trade: additional charge (referenced as Rs 50/order)
- •Admin square-off charges may apply for auto close positions.
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| Leverage (Margin) | - •Intraday leverage can go up to around 20x in selected contexts.
- •Margin remains subject to segment-wise risk and exchange rules.
| - •Margin products include MTF offerings in promotional messaging.
- •Practical leverage and margin depend on segment, risk, and exchange norms.
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| Features | - •Market-leading client base and volume share.
- •Transparent flat-fee pricing model.
| - •In-house built trading stack.
- •Insta Options for strategy building and payoff analysis.
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| Trading Platforms | - •Zerodha Kite (web and mobile)
- •Coin (mutual funds)
| - •Fyers App (mobile)
- •Fyers Web
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| Reviews & Ratings | - •Widely regarded as one of the top discount brokers in India.
- •In this extract, no single combined numeric rating table is displayed.
| - •Marketed as a low-brokerage technology-first platform.
- •In this source extract, a single numeric overall rating is not prominently presented.
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| Investment Options | | |
| Order Types Offered | - •Standard market, limit, and intraday order flows
- •Derivatives execution and strategy-linked tools via ecosystem partners
| - •Standard equity and derivatives order types
- •Intraday and delivery order handling
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| Suitable For (Investor Type) | - •Investors seeking transparent low brokerage and direct MF investing.
- •Active traders preferring robust charting/tool ecosystem.
| - •Active traders focused on low brokerage and platform tools.
- •Users who prefer in-house charting and options strategy interfaces.
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| Pros and Cons | - •Pros:
- •Zero delivery brokerage and low flat intraday/F&O fees.
| - •Pros:
- •Very competitive flat-fee structure.
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